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Theme · 50 companies

Banking & Finance

The companies that move all the world's money.

23
pure play
27
major beneficiary

Who's connected.
And how.

12 / 44 themes
Pure Play
Core business is this trend
JPMJPM
JPM
JPMorgan Chase
Pure Play

The largest bank in the US and arguably the most important financial institution in the world. Runs consumer banking, investment banking, asset management, and commercial lending under one roof. Led by Jamie Dimon for 20 years.

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BACBAC
BAC
Bank of America
Pure Play

The second-largest US bank by assets. Particularly sensitive to interest rates — when rates rise, Bank of America earns more on its massive deposit base. One of Warren Buffett's largest holdings.

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GSGS
GS
Goldman Sachs
Pure Play

The most prestigious investment bank in the world. Advises on the largest mergers and acquisitions globally and trades financial assets for institutional clients. Revenue spikes when markets are volatile or deal activity is high.

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MSMS
MS
Morgan Stanley
Pure Play

A top investment bank that has also built one of the world's largest wealth management businesses (managing $7T+ in client assets). The wealth management business provides stable income that smooths out investment banking cycles.

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BLKBLK
BLK
BlackRock
Pure Play

Linked to Passive Investing and Alternative Assets. Customers include JPMorgan Chase and Bank of America. Competes with Charles Schwab and Morgan Stanley.

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SPGISPGI
SPGI
S and P Global
Pure Play

Linked to Credit Markets and Passive Investing. Customers include JPMorgan Chase and Goldman Sachs. Competes with Moody's and Intercontinental Exchange.

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KKRKKR
KKR
KKR
Pure Play

Linked to Alternative Assets and Private Equity. Relies on Microsoft. Competes with Apollo Global and Blackstone.

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APOAPO
APO
Apollo Global
Pure Play

Linked to Alternative Assets and Private Credit. Relies on Microsoft. Competes with KKR and Blackstone.

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MCOMCO
MCO
Moody's
Pure Play

Linked to Credit Markets. Customers include JPMorgan Chase, Goldman Sachs and Morgan Stanley. Competes with S&P Global and MSCI.

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ICEICE
ICE
Intercontinental Exchange
Pure Play

Linked to Financial Exchanges. Customers include Goldman Sachs and JPMorgan Chase. Competes with CME Group and S&P Global.

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CMECME
CME
CME Group
Pure Play

Linked to Financial Exchanges and Derivatives Trading. Customers include Goldman Sachs and JPMorgan Chase. Competes with Intercontinental Exchange and Nasdaq.

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BXBX
BX
Blackstone
Pure Play

Linked to Private Equity and Private Credit. Competes with KKR and Apollo Global.

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NDAQNDAQ
NDAQ
Nasdaq
Pure Play

Linked to Capital Markets and Exchange Platforms. Competes with Intercontinental Exchange and CME Group.

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FICOFICO
FICO
FICO
Pure Play

Linked to Credit Scoring and Financial Data. Customers include JPMorgan Chase, Bank of America and Wells Fargo. Competes with TransUnion and Equifax.

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TRUTRU
TRU
TransUnion
Pure Play

Linked to Credit Scoring and Financial Data. Customers include JPMorgan and Bank of America. Competes with Equifax and Experian.

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EFXEFX
EFX
Equifax
Pure Play

Linked to Credit Scoring and Financial Data. Customers include JPMorgan. Competes with TransUnion and Experian.

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MSCIMSCI
MSCI
MSCI
Pure Play

Linked to Financial Data and Passive Investing. Customers include BlackRock and Vanguard. Competes with S&P Global and Moody's.

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VRSKVRSK
VRSK
Verisk Analytics
Pure Play

Linked to Financial Data. Customers include Progressive and Allstate. Competes with S&P Global and Moody's.

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WKWK
WK
Workiva
Pure Play

Linked to Financial Compliance. Customers include JPMorgan and Goldman Sachs. Competes with Intuit and Microsoft (Excel).

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UBSUBS
UBS
UBS Group
Pure Play

Linked to Wealth Management and Investment Banking. Competes with Deutsche Bank and Morgan Stanley.

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BAMBAM
BAM
Brookfield Asset Management
Pure Play

Linked to Alternative Assets. Competes with Blackstone and Apollo Global.

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ARCCARCC
ARCC
Ares Capital
Pure Play

Linked to Private Credit and Alternative Assets. Competes with Main Street Capital and FS KKR.

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ARESARES
ARES
Ares Management
Pure Play

Linked to Private Credit and Alternative Assets. Competes with KKR and Apollo Global.

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