What is the S&P 500? Who are the Members Today? Who Were the Original Members of the S&P?

What is the S&P 500? Who are the Members Today? Who Were the Original Members of the S&P?

Growing up my parents almost exclusively listened to boring A.M. news stations in the car and I can distinctly remember hearing every 11 minutes (1010-wins for anyone from NY?) that the S&P was up or down a certain percentage.  While I almost can’t help but run into this number daily I don’t think there are many people who actually know what the S&P 500 is nevertheless what companies are constitutes of the index.

What is the S&P 500?

The S&P 500 is a basket or index of approximately 500 stocks that is monitored and updated every 15 seconds by Standard&Poor’s, the company who owns the trademark behind the S&P500.  Standard & Poor’s provides a brief definition/pat on their back,

…[The S&P 500 is] the best single gauge of the large cap U.S. equities market since the index was first published in 1957. The index has over US$ 4.83 trillion benchmarked, with index assets comprising approximately US$ 1.1 trillion of this total. The index includes 500 leading companies in leading industries of the U.S. economy, capturing 75% coverage of U.S. equities.

While the guide to choosing members of the S&P Indexes (Free Guide) is approximately 25 pages, Wikipedia sums it up nicely for the S&P500,

The committee selects the companies in the S&P 500 so they are representative of the industries in the United States economy. In addition, companies that do not trade publicly (such as those that are privately or mutually held) and stocks that do not have sufficient liquidity are not in the index. For example, Berkshire Hathaway has a market capitalization larger than nearly all members of the S&P 500, but its extremely high stock price (over $100,000 for its more valuable Class A shares as of January 2011[9]) makes it very difficult to trade and so the committee excluded Berkshire from the index for many years. However, S&P ultimately put Berkshire’s lower-priced Class B shares into the index, replacing BNSF Railway, which Berkshire acquired. This followed Berkshire’s decision to split the Class B shares 50-to-1, which made those shares worth 11500 of an A share.By contrast, the Fortune 500 attempts to list the 500 largest public companies in the United States by gross revenue, regardless of whether their stocks trade or their liquidity, without adjustment for industry representation, and excluding companies incorporated outside the United States

***

The index has traditionally been market-value weighted; that is, movements in the prices of stocks with higher market capitalizations (the share price times the number of shares outstanding) have a greater effect on the index than companies with smaller market caps.

The index is now float weighted. That is, Standard & Poor’s now calculates the market caps relevant to the index using only the number of shares (called “float”) available for public trading. This transition was made in two steps, the first on March 18, 2005 and the second on September 16, 2005.

In order to keep the S&P 500 Index comparable across time, the index needs to take into account corporate actions such as stock splits, share issuance, dividends and restructuring events (such as merger or spinoffs). Additionally, in order to keep the Index reflective of American stocks, the constituent stocks need to be changed from time to time.

To prevent the value of the Index from changing merely as a result of corporate financial actions, all such actions affecting the market value of the Index require a Divisor adjustment. Also, when a company is dropped and replaced by another with a different market capitalization, the divisor needs to be adjusted in such a way that the value of the S&P 500 Index remains constant. All Divisor adjustments are made after the close of trading and after the calculation of the closing value of the S&P 500 Index

Who are the Current Members of the S&P 500?

A large percentage of the  members of the S&P500 are likely to be familiar as they are the biggest companies in the United States.  The current members of the S&P500 (as of May 24, 2011) are:

Constituent Name Constituent Symbol Constituent Name Constituent Symbol
3M Co MMM Johnson & Johnson JNJ
ACE Limited ACE Johnson Controls Inc JCI
AES Corp AES Joy Global Inc JOYG
AFLAC Inc AFL Juniper Networks Inc JNPR
AK Steel Hldg Corp AKS KLA-Tencor Corporation KLAC
AT&T Inc T Kellogg Co K
Abbott Laboratories ABT KeyCorp KEY
Abercrombie & Fitch Company A ANF Kimberly-Clark KMB
Adobe Systems Inc ADBE Kimco Realty Corp KIM
Advanced Micro Devices AMD Kohl’s Corp KSS
Aetna Inc AET Kraft Foods Inc A KFT
Agilent Technologies Inc A Kroger Co KR
Air Products & Chemicals Inc APD L-3 Communications Holdings LLL
Airgas Inc ARG LSI Corporation LSI
Akamai Technologies Inc AKAM Lab Corp of America Hldgs LH
Alcoa Inc AA Legg Mason Inc LM
Allegheny Technologies Inc ATI Leggett & Platt LEG
Allergan Inc AGN Lennar Corp LEN
Allstate Corp ALL Leucadia National Corp (NY) LUK
Altera Corp ALTR Lexmark International Inc LXK
Altria Group Inc MO Life Technologies Corp LIFE
Amazon.com Inc AMZN Lilly, Eli & Co LLY
Ameren Corp AEE Limited Brands Inc LTD
American Electric Power AEP Lincoln National Corp LNC
American Express Co AXP Linear Technology Corp LLTC
American Intl Group Inc AIG Lockheed Martin LMT
American Tower Corp A AMT Loews Corp L
Ameriprise Financial Inc AMP Lorillard Inc LO
AmerisourceBergen Corp ABC Lowe’s Cos Inc LOW
Amgen Inc AMGN M&T Bank Corp MTB
Amphenol Corp A APH MEMC Electronic Materials WFR
Anadarko Petroleum Corp APC Macy’s Inc M
Analog Devices Inc ADI Marathon Oil Corp MRO
Aon Corp AON Marriott Intl A MAR
Apache Corp APA Marsh & McLennan Companies MMC
Apartment Investment & Mgmt AIV Marshall & Ilsley Corp (WI) MI
Apollo Group Inc APOL Masco Corp MAS
Apple Inc. AAPL Massey Energy Co MEE
Applied Materials Inc AMAT Mastercard Inc A MA
Archer-Daniels-Midland Co ADM Mattel Inc MAT
Assurant Inc AIZ McCormick & Co MKC
AutoNation Inc AN McDonald’s Corp MCD
AutoZone Inc AZO McGraw-Hill Cos Inc MHP
Autodesk Inc ADSK McKesson Corp MCK
Automatic Data Processing ADP Mead Johnson Nutrition Co MJN
AvalonBay Communities Inc AVB MeadWestvaco Corp MWV
Avery Dennison Corp AVY Medco Health Solutions Inc MHS
Avon Products AVP Medtronic Inc MDT
BB&T Corp BBT Merck & Co Inc MRK
BMC Software Inc BMC Metlife Inc MET
Baker Hughes Inc BHI Metropcs Communications Inc PCS
Ball Corp BLL Microchip Technology Inc MCHP
Bank of America Corp BAC Micron Technology Inc MU
Bard, C.R. Inc BCR Microsoft Corp MSFT
Baxter Intl Inc BAX Molex Inc MOLX
Becton, Dickinson & Co BDX Molson Coors Brewing Co B TAP
Bed Bath & Beyond Inc BBBY Monsanto Co. MON
Bemis Co Inc BMS Monster Worldwide Inc MWW
Berkshire Hathaway B BRK/B Moody’s Corp MCO
Best Buy Co Inc BBY Morgan Stanley MS
Big Lots Inc BIG Motorola Mobility Holdings, Inc MMI
Biogen Idec Inc BIIB Motorola Solutions, Inc MSI
BlackRock Inc BLK Murphy Oil Corp MUR
Block H & R Inc HRB Mylan Inc. MYL
Boeing Co BA NICOR Inc GAS
Boston Properties Inc BXP NIKE Inc B NKE
Boston Scientific Corp BSX NRG Energy NRG
Bristol-Myers Squibb BMY NYSE Euronext NYX
Broadcom Corp A BRCM Nabors Industries Ltd NBR
Brown-Forman Corp B BF/B Nasdaq OMX Group/The NDAQ
CA Inc CA National Oilwell Varco Inc NOV
CB Richard Ellis Group Inc A CBG National Semiconductor NSM
CBS Corp B CBS NetApp Inc NTAP
CF Industries Holdings CF NetFlix Inc NFLX
CH Robinson Worldwide Inc CHRW Newell Rubbermaid Inc NWL
CIGNA Corp CI Newfield Exploration Co NFX
CMS Energy Corp CMS Newmont Mining Corp NEM
CONSOL Energy Inc CNX News Corporation NWSA
CSX Corp CSX NextEra Energy Inc NEE
CVS Caremark Corp. CVS Nisource Inc NI
Cablevision Systems Co A CVC Noble Corp NE
Cabot Oil & Gas A COG Noble Energy Inc NBL
Cameron International Corp CAM Nordstrom Inc JWN
Campbell Soup Co CPB Norfolk Southern Corp NSC
Capital One Financial COF Northeast Utilities NU
Cardinal Health Inc CAH Northern Trust Corp (IL) NTRS
CareFusion Corp. CFN Northrop Grumman Corp NOC
Carmax Inc KMX Novellus Systems Inc NVLS
Carnival Corp CCL Nucor Corp NUE
Caterpillar Inc CAT Nvidia Corp NVDA
Celgene Corp CELG O’Reilly Automotive ORLY
Centerpoint Energy Inc CNP ONEOK Inc OKE
CenturyLink Inc CTL Occidental Petroleum OXY
Cephalon Inc CEPH Omnicom Group OMC
Cerner Corp CERN Oracle Corp ORCL
Chesapeake Energy Corp CHK Owens-Illinois Inc OI
Chevron Corp CVX PACCAR Inc PCAR
Chicago Mercantile Exchange CME PG&E Corporation PCG
Chipotle Mexican Grill Inc. CMG PNC Finl Services Group PNC
Chubb Corp CB PPG Industries Inc PPG
Cincinnati Financial Corp CINF PPL Corp PPL
Cintas Corp CTAS Pall Corp PLL
Cisco Systems Inc CSCO Parker-Hannifin Corp PH
Citigroup Inc C Patterson Cos Inc PDCO
Citrix Systems Inc CTXS Paychex Inc PAYX
Cliffs Natural Resources Inc CLF Peabody Energy Corp BTU
Clorox Co CLX Penney, J.C. Inc JCP
Coach Inc COH People’s United Financial Inc PBCT
Coca-Cola Co KO Pepco Holdings Inc POM
Coca-Cola Enterprises CCE PepsiCo Inc PEP
Cognizant Tech Solutions Corp CTSH PerkinElmer Inc PKI
Colgate-Palmolive Co CL Pfizer Inc PFE
Comcast Corp CMCSA Philip Morris International PM
Comerica Inc (MI) CMA Pinnacle West Capital (AZ) PNW
Computer Sciences CSC Pioneer Natural Resources PXD
Compuware Corp CPWR Pitney Bowes Inc PBI
ConAgra Foods Inc CAG Plum Creek Timber Co PCL
ConocoPhillips COP Polo Ralph Lauren A RL
Consolidated Edison Inc ED Praxair Inc PX
Constellation Brands Inc A STZ Precision Castparts Corp PCP
Constellation Energy Group CEG Priceline.com Inc PCLN
Corning Inc GLW Principal Financial Group PFG
Costco Wholesale Corp COST Procter & Gamble PG
Coventry Health Care Inc CVH Progress Energy Inc PGN
Covidien Plc COV Progressive Corp PGR
Cummins Inc CMI Prologis PLD
DIRECTV Class A DTV Prudential Financial Inc PRU
DTE Energy Co DTE Public Service Enterprise Grp PEG
Danaher Corp DHR Public Storage PSA
Darden Restaurants Inc DRI Pulte Group Inc PHM
Davita Inc DVA QEP Resources QEP
DeVry Inc DV QUALCOMM Inc QCOM
Dean Foods Co DF Quanta Services Inc PWR
Deere & Co DE Quest Diagnostics DGX
Dell Inc DELL RadioShack Corp RSH
Denbury Resources Inc DNR Range Resources Corp RRC
Dentsply Intl XRAY Raytheon Co RTN
Devon Energy Corp DVN Red Hat Inc RHT
Diamond Offshore Drilling DO Regions Financial Corp RF
Discover Financial Services DFS Republic Services Inc RSG
Discovery Communications Inc DISCA Reynolds American Inc RAI
Dominion Resources Inc D Robert Half Intl Inc RHI
Donnelley, R.R. & Sons RRD Rockwell Automation Inc ROK
Dover Corp DOV Rockwell Collins COL
Dow Chemical DOW Roper Industries Inc ROP
Dr Pepper Snapple Group DPS Ross Stores Inc ROST
DuPont, E.I. de Nemours DD Rowan Companies Inc RDC
Duke Energy Corp DUK Ryder System Inc R
Dun & Bradstreet Corp DNB SAIC Inc SAI
E*TRADE Financial Corp ETFC SCANA Corp SCG
EMC Corp EMC SLM Corp SLM
EOG Resources EOG Safeway Inc SWY
EQT Corporation EQT Salesforce.com CRM
Eastman Chemical Co EMN SanDisk Corp SNDK
Eaton Corp ETN Sara Lee Corp SLE
Ecolab Inc ECL Schlumberger Ltd SLB
Edison Intl EIX Schwab, Charles Corp SCHW
Edwards Lifesciences Corp EW Scripps Networks Interactive SNI
El Paso Corp EP Sealed Air Corp SEE
Electronic Arts ERTS Sears Holdings Corp SHLD
Emerson Electric Co EMR Sempra Energy SRE
Entergy Corp ETR Sherwin-Williams Co SHW
Equifax Inc EFX Sigma-Aldrich Corp SIAL
Equity Residential EQR Simon Property Group SPG
Estee Lauder Cos. EL Smucker, J.M. Co SJM
Exelon Corp EXC Snap On Inc SNA
Expedia EXPE Southern Co SO
Expeditors Intl of WA Inc EXPD Southwest Airlines Co LUV
Express Scripts Inc ESRX Southwestern Energy Co SWN
Exxon Mobil Corp XOM Spectra Energy Corp SE
F5 Networks Inc FFIV Sprint Nextel Corp S
FLIR Systems Inc FLIR St Jude Medical Inc STJ
FMC Corp FMC Stanley Black & Decker SWK
FMC Technologies Inc FTI Staples Inc SPLS
Family Dollar Stores Inc FDO Starbucks Corp SBUX
Fastenal Co FAST Starwood Hotel & Resort World HOT
FedEx Corp FDX State Street Corp STT
Federated Investors Inc B FII Stericycle Inc SRCL
Fidelity National Information FIS Stryker Corp SYK
Fifth Third Bancorp (OH) FITB SunTrust Banks Inc (GA) STI
First Horizon National Corp FHN Sunoco Inc SUN
First Solar Inc FSLR Supervalu Inc SVU
FirstEnergy Corp FE Symantec Corp SYMC
Fiserv Inc FISV Sysco Corp SYY
Flowserve Corp FLS T Rowe Price Group Inc TROW
Fluor Corp FLR TECO Energy Inc TE
Ford Motor Co F TJX Cos Inc TJX
Forest Laboratories FRX Target Corp TGT
Fortune Brands Inc FO Tellabs Inc TLAB
Franklin Resources Inc BEN Tenet Healthcare THC
Freeport McMoRan Copper & Gold FCX Teradata Corp TDC
Frontier Communications Corp FTR Teradyne Inc TER
GameStop Corp A GME Tesoro Corp TSO
Gannett Co Inc GCI Texas Instruments Inc TXN
Gap Inc GPS Textron Inc TXT
General Dynamics GD The Bank of New York Mellon Corp BK
General Electric Co GE Thermo Fisher Scientific TMO
General Mills Inc GIS Tiffany & Co TIF
Genuine Parts Co GPC Time Warner Cable Inc TWC
Genworth Financial Inc GNW Time Warner Inc TWX
Gilead Sciences Inc GILD Titanium Metals Corp TIE
Goldman Sachs Group Inc GS Torchmark Corp TMK
Goodrich Corp GR Total System Services Inc TSS
Goodyear Tire & Rubber Co GT Travelers Cos Inc TRV
Google Inc GOOG Tyco Intl TYC
Grainger, W.W. Inc GWW Tyson Foods Inc A TSN
HCP Inc HCP US Bancorp USB
Halliburton Co HAL Union Pacific Corp UNP
Harley-Davidson Inc HOG United Parcel Service Inc B UPS
Harman Intl Industries Inc HAR United States Steel Corp X
Harris Corp HRS United Technologies Corp UTX
Hartford Finl Services Group HIG Unitedhealth Group Inc UNH
Hasbro Inc HAS Unum Group UNM
Health Care REIT Inc HCN Urban Outfitters URBN
Heinz, H.J. Co HNZ VF Corp VFC
Helmerich & Payne Inc HP Valero Energy Corp VLO
Hershey Foods Corp HSY Varian Medical Systems Inc VAR
Hess Corp HES Ventas Inc VTR
Hewlett-Packard Co HPQ VeriSign Inc VRSN
Home Depot Inc HD Verizon Communications Inc VZ
Honeywell Intl Inc HON Viacom Inc B VIA/B
Hormel Foods Corp HRL Visa Inc V
Horton, D.R. Inc DHI Vornado Realty Trust VNO
Hospira, Inc HSP Vulcan Materials Co VMC
Host Hotels & Resorts Inc HST Wal-Mart Stores WMT
Hudson City Bancorp HCBK Walgreen Co WAG
Humana Inc HUM Walt Disney Co DIS
Huntington Bancshares (OH) HBAN Washington Post Co B WPO
ITT Corporation ITT Waste Management Inc WM
Illinois Tool Works Inc ITW Waters Corp WAT
Ingersoll-Rand Plc IR Watson Pharmaceuticals WPI
Integrys Energy Group Inc TEG WellPoint Inc WLP
Intel Corp INTC Wells Fargo & Co WFC
IntercontinentalExchange ICE Western Digital Corp WDC
Interpublic Group Cos IPG Western Union Co WU
Intl Business Machines Corp IBM Weyerhaeuser Co WY
Intl Flavors & Fragrances IFF Whirlpool Corp WHR
Intl Game Technology IGT Whole Foods Market Inc WFM
Intl Paper Co IP Williams Cos Inc WMB
Intuit Inc INTU Windstream Corp WIN
Intuitive Surgical Inc ISRG Wisconsin Energy Corp WEC
Invesco Ltd IVZ Wyndham Worldwide Corp WYN
Iron Mountain Inc IRM Wynn Resorts Ltd WYNN
JDS Uniphase Corp JDSU XL Group Plc XL
JP Morgan Chase & Co JPM Xcel Energy Inc XEL
Jabil Circuit Inc JBL Xerox Corp XRX
Jacobs Engineering Group Inc JEC Xilinx Inc XLNX
Janus Capital Group Inc JNS Yahoo Inc YHOO
Yum! Brands Inc YUM
Zimmer Holdings Inc ZMH
Zions Bancorp (UT) ZION
eBay Inc. EBAY

It is weird to see a company named as one of the biggest in the United States and have no idea what they even do!

Who Were the Original Members of the S&P 500?

I was shocked how hard it was to find the original constituents! Shocked.  I am not sure why S&P wouldn’t provide the history of the members front and center? Maybe it has to do with how few companies still exist in the original list?  or because the members themselves don’t mean that much for those doing research?  But I did find the list from fellow blogger, JLP , who complied the list from the index of a book he owns:

Abbot Labs Inspiration Consolidated Copper
ACF industries Interantional Harvester
Acme Cleveland International Business machines
Addressograph Multiphase International Minerals & Chemicals
Admiral International Nickel Co. CDA
Air Reduction International Paper
Alco Products International Shoe
Aldens Inc. International Telephone & Telegraph
Allied Chemical & Dye Intertype
Allied Stores Island Creek Coal
Allied Supermarkets J.C. Penney
Allis Chalmers J.J. Newberry
Alpha Portland Industries Jacob Ruppert
Aluminum Jaeger Machine
Aluminum Company of America Jefferson Lake Sulphur
Amalgamated Sugar Jewel Tea
Amerada Petroleum Jones & Laughlin Steel
American Agricultural Chemical Joy Manufacturing
American Airlines Kaiser Aluminum
American Bakeries Kayser Roth
American Brake Shoe Kennecott Copper
American Broadcasting Co. Kimberly-Clark
American Can Kresge
American Chain & Cable Kroger
American Chicle Laclede Gas
American Crystal Sugar Lane Bryant
American Cyanamid Lees & Sons
American Enka Lehigh Portland Cement
American Export Lines Lerner Stores
American Gas & Electric Libbey-Ownens-Ford
American Home Products Libby, McNeill & Libby
American Machine & Foundry Liggett Group
American Metal Climax Lilly Tulip
American Motors Link Belt
American Natural Gas Lockheed Aircraft
American Shipbuilding Lone Star Industries
American Smetling & Refining Lorillard
American Standard Louisville & Nashville
American Stores Lowenstein & Sons
American Telephone & Telegraph Mack Truck
American Tobacco Magma Copper
American Viscose Magnavox
American Zinc Lead & Smelting Manati Sugar
Amstar Manhattan Shirt
Amsted Industries Manville
Anaconda Copper Mining Marathon
Anaconda Wire & Cable Marquette Cement Manufacturing
ArcherDaniels-Midland Marshall Field
Armco Steel Martin-Marietta
Armour Co. Masonite
Armstrong Cork May Department Stores
Artloom Carpet McCall
Associated Dry Goods McCrory Stores
Associates Investments McGraw Edison
Atchison, Topeka, Santa Fe McGraw-Hill
Atlantic Coast Line McIntyre Porcupine
Atlantic Richfield Mead
Babcock & Wilcox Melville Shoe
Baltimore & Ohio Mercantile Stores
Baltimore Gas & Electric Merck
Bath Iron Works Merganthaler Linotype
Bayuk Cigars Miami Cooper
Beatrice Foods Middle South Utilities
Beaunit Minneapolis Moline
Beckman Instruments Minnesota Mining & Manufacturing
Becor Western Mississipp River
Beechnut Life Saver Missouri Pacific
Bendix Missouri-Kansas-Texas
Beneficial Mohasco Industries
Bestfoods Monarch Machine Tool
Bethlehem Steel Monsanto Chemical
Bigelow-Sanford Montgomery Ward
Blaw Knox Moore McCormack Resources
Bliss EW Motor Wheel
Boeing Motorola
Bohn Aluminum & Brass Munsingwear
Bond Stores National Buscuit
Borden National Can
Borg Warner National Cash Register
Bridgeport Brass National Dairy Products
Briggs Manufacturing National Dist. & Chem
Bristol-Myers National Gypsum
Brooklyn Union Gas National Lead
Brown Group National Steel
Bullard Co. National Sugar Refining
Burlington Industries National Supply
Burroughs National Tea
C.I.T. Financial New England Electric System
California Packing Corp New York Central
Campbell Soup New York State Electric & Gas
Canada Dry New York, Chicago & St. Louis
Cannon Mills New York, New Haven & Hartford
Case (Ji) Newport News Shipbuilding
Caterpillar Tractor Inc. Niagara Mohawk Power
Celanese North American Aviation
Celotex Northern Pacific
Centeral & South West Northern States Power Minn.
Central Aguirre Sugar Norwich Pharmacal
Cerro De Pasco Nothern Natural Gas
Chain Belt Co. Oklahoma Natural Gas
Champion Power Olin
Chesapeake & Ohio Railway Oliver
Chicago Milwaukee St. Paul Pacfic Otis Elevator
Chicago Pneumatic Tool Owens Corning
Chicago R.I. & Pacific Owens Illinios Glass
Chrysler Pacific Enterprises
Cincinnati Gas & Electric Pacific Gas & Electric
Cincinnati Milling Machine Pacific Telephone & Telegraph
Cities Service Pan American World Airways
Clark Equipment Panhandle Eastern
Cleveland Elec. Illuminating Paramount Pictures
Clevite Corp. Parke Davis
Climax Molybdenum Pen-Dixie Industries
Cluett Peabody Penick & Ford
CNW (Chicago & North Western) Peninsular Telephone
Coca-Cola Penn Central
Colgate-Palmolive Peoples Gas Light Coke
Colorado Fuel & Iron PepsiCo
Columbia Broadcasting Pfeiffer Brewing
Columbia Pictures Pfizer
Columbian Carbon Phelps Dodge
Combustion Engineering Philadelphia Electric
Commercial Credit Philco
Commercial Solvents Philip Morris
Commonwealth Edison Phillips Petroleum
Condé Naste Pitney Bowes
Cone Mills Pittsburgh Plate Glass
Congoleum-Nairn Procter & Gamble
Consolidated Cigar Public Service Electric and Gas
Consolidated Edison Publicker Industries
Consolidated Natural Gas Pullman
Consolidation Coal Quaker Oats
Consumers Power R.H. Macy
Container Corp. of America R.J. Reynolds Industries
Continental Baking Raytheon
Continental Can RCA
Continental Oil Reading Co.
Cooper Industries Reed Roller Bit
Copper Range Reeves Brothers
Corn Products Reliance Manufacturing
Cornell-Dubilier Republic Aviation
Corning Glassworks Republic Pictures
Coumbia Gas System Republic Steel
Crane Co. Revere Copper & Brass
Cream of Wheat Reynolds Metal
Crown Cork & Seal Richardson Merrell
Crown Zellerbach Rockwell Standard
Crucible Steel Royal Crown Cola
Cuban American Sugar Royal Dutch Petroleum
Cudahy Packing Royal McBee
Cuneo Press Ruberoid
Curtis Publishing S.H. Kress
Curtiss-Wright Safeway Stores
Cutler-Hammer Schenley Industries
Dan River Schering
Dana Scott Paper
Daystrom Inc. Scovill Manufacturing
Dayton Power & Light Seaboard Finance
Dayton Rubber Seaboard Oil
Deere Sears Roebuck
Deleware Power & Light Servel
Denver Rio Grande Shell Oil
Detriot Edison Sinclair Oil
Diamond T Motor Car Smith-Douglass
Diana Stores Socony Vacuum Oil
Distillers Corp Seagram South Puerto Rico Sugar
Divco Wayne Southern
Dixie Cup Southern California Edison
Dome Mines Southern Natural Gas
Douglas Aircraft Southern Pacific
Dow Chemical Southern Railway
Dr Pepper Spencer Kellogg
Dresser Industries Sperry Rand
Duquesne Light Spiegel
DWG Cigars Square D
E.I. DuPont de Nemours St. Joseph Lead
Eagle Picher St. Louis-San Francisco
Eastern Airlines St. Regis
Eastman Kodak Standard Brands
Eaton Standard Oil of California
El Paso Natural Gas Standard Oil of Indiana
Electric Auto-Lite Standard Oil of New Jersey
Elliot co. Sterling Drug
Emerson Radio & Phonograph Stevens (JP)
Endicott Johnson Stokely-Van Camp
Enserch Storer Broadcasting
Equitable Gas Studebaker Packard
Erie Railroad Sunbeam
F.W. Woolworth Sunshine Biscuits
Fajardo Sugar Sutherland Paper
Falstaff Brewing Sweets Co.
Family Finance Swift
Federal Paper Board Sylvania Electric Products
Federated Department Stores Texas Co.
Firestone Tire & Rubber Texas Gulf Producing
First National Stores Texas Gulf Sulphur
Firth Carpet Texas Pacific Coal & Oil
Flintkote Texas Utilities
Florida Power Thatcher Glass
Food Fair Stores Thompson Products
Ford Motor Tidewater Oil
Foremost Dairies Trans World Airlines
Foster Wheeler Truax-Traer Coal
Freeport Sulphur Twentieth-Century-Fox
Fruehauf Trailer Corp. U S Steel
G.C. Murphy U.S. Hoffman Machinery
Gardner-Denver Union Bag Camp Paper
General Cable Union Carbide & Carbon
General Cigars Union Oil of California
General Dynamics Union Pacific Railroad
General Electric United Aircraft
General Finance United Airlines
General Foods United Biscuit of America
General Host United Electric Coal
General Mills United Gas
General Motors United States Gypsum
General Portland Cement United States Lines
General Public Utilities United States Rubber
General Signal United States Smelting and Refining
General Telephone & Electric Universal Pictures
Genesco Van Raalte
Gimbel Brothers Vanadium
Goebel Brewing Vertientes-Camaguey Sugar
Goodrich Virgina Electric
Goodyear Tire & Rubber Virginia Carolina Chemical
Grand Union W. R. Grace
Great Northern W.T. Grant
Great Western Sugar Walker Hiram Goooderham & Worts
Guantanamo Sugar Walworth Co.
Gulf Mobile & Ohio RR Ward Baking
Gulf Oil Warner Brothers
H.L. Green Warner-Lambert
Hall Printing Washington Gas Light
Halliburton Waukesha Motors
Harris Seybold Wayne Pump
Heinz Wesson Oil
Hercules Motors West Penn Electric
Hercules Powder Westinghouse Electric
Hershey Foods Westinhouse Air Brake
Holland Furnace Westvaco Corp.
Holly Sugar Wheeling Steel Corp.
Homestake Mining White Motors
Houdaille Industries Wilson Co.
Household Finance Winn-Dixie Stores
Howmet Worthington
Illinois Central RR Wrigley
Illinois Power Yale & Towne
Indianapolis Power & Light Youngstown Sheet & Tube
Industrial Rayon Zenith Radio
Ingersoll-Rand
Inland Street

Considering I only know a handful of the companies it would probably be a fun excercise to figure out what happened to each one (i.e. bankruptcy, merger, takeover, went private, gov’t break up).

I took a quick peak at Zenith Radio since I sort of remember having a Zenith Television when I was much younger.  Apparently Zenith was an American powerhouse in the electronic field from 1918 till about 1980 when they started to lose market share to Japanese competitors.  They were eventually swallowed up by LG Electronics (part in buy out and part during bankruptcy).

Do any of the original names bring back nostalgic memories?

5 Responses to What is the S&P 500? Who are the Members Today? Who Were the Original Members of the S&P?

  1. My first portable radio was a Zenith! It was the iPod of its day. Although I have investments in the S & P 500, it is only part of my overall strategy of asset allocation. It represents less than 5% of my total investments.

  2. Interesting to see Conde Nast in the original list, it’s surprising that it was that big! Had no idea.

    Also interesting to see a Cigar company there. Times have changed…

  3. I have to admit I haven’t thought about this but it’s very interesting. I would think most of the originals are not there due to mergers/buy-outs (so they’re still there but under a different name). Do this research for me and let me know!

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