Business

The Family Capital 750: Investors shun listed family businesses

Despite research showing listed family businesses outperform non-listed family businesses over most periods, investors aren’t convinced, preferring instead non-family companies, particularly the big brand tech stocks.

Analysis of the market capitalization of the biggest listed family businesses in the world as compiled by Family Capital in its World’s Top 750 Family Business Ranking (see below) shows investors undervalue most of them.

Schumpeterian creative destruction is speeding up. In 1965, the average tenure of companies on the S&P 500 was 33 years. It’s forecast to shrink to 14 years by 2026

The total market cap of the 379 listed family businesses in the 750 came to $5.4 trillion at the end of 2018 – an impressive number, but only just over a quarter of the total market cap of the S&P500, which stood at $21 trillion at the end of 2018.  Many of the 379 listed family businesses have strong revenue numbers, but much smaller market cap than many of the new economy companies on the S&P 500.

Family-owned Walmart, which in 2017 made more revenues than any other company in the world at $495 billion, had a market cap of $270.6 billion at the end of 2018. In contrast, Microsoft had a market cap of $752 billion at the end of 2018, compared with revenues of $90 billion in its fiscal year 2017/2018. Apple’s market cap was $737.2 billion on January 15, 2019, with 2017/2018 revenues just over half of those of Walmart’s for 2017.

Not all family businesses are being marked down by investors, with Berkshire Hathaway the most obvious example. Warren Buffett’s investment group had a market cap of more than $500 billion at the end of 2018. Pharmaceutical giant Roche and media and technology group Comcast’s market caps were also high relative to their revenues.

But overriding evidence suggests listed family businesses are bypassed by investors in favour of the big tech stocks like Amazon, Apple, Microsoft, and Alphabet (Google). That’s even though many listed family businesses outperform in terms of return compared with their non-family counterparts. Last year, research by Credit Suisse found 1000 listed family businesses had outperformed their non-family listed peers when it came to their sharemarket performance since 2006.

“The longer-term trend of outperformance of family-owned companies is clear, with our ‘Family 1000’ universe having delivered cumulative excess returns in every region and sector since 2006,” the Credit Suisse report said.

Another listed family business index, the Euronext Family Business Index, also outperforms many indices of European stock markets, as detailed here.

Of course, many other factors need to be looked at to get a better idea of the performance of listed family businesses like their price-earnings ratios. But one possible reason why investors view these companies negatively could be because most of them operate in old economy sectors. Perhaps they are perceived as being vulnerable to new economy disruptive forces.

After all, so-called Schumpeterian creative destruction is speeding up. In 1965, the average tenure of companies on the S&P 500 was 33 years, according to consulting firm Innosight.  By 1990, it was 20 years. It’s forecast to shrink to 14 years by 2026. According to these figures, around 50% will disappear from the index over the next 10 years. And these trends are likely to be duplicated in most other public equity markets over the same period.

If that is the case, old economy listed family businesses might fall out of favour more with investors in the years ahead, with their market cap shrinking further, even if their revenues continue to hold up.

Top 750 Family Businesses

wdt_ID Rank Company name Family owner(s) Founded Listing status Country Family shareholding 2017 revenues in USDm 2017 number of employees Market Capitalization in US$m (as of Dec 31, 2018) Sector
957 1 Walmart Inc. Walton 1945 Public USA 50.70 495,012.00 2,300,000.00 270,625.0 Retail and Consumer Products
958 2 Volkswagen AG Porsche and Piech 1937 Public Germany 52.20 276,995.68 642,292.00 79,322.1 Automotive & Assembly
959 3 Berkshire Hathaway Inc. Buffett 1955 Public USA 37.60 239,289.00 377,291.00 502,599.6 Wealth & Asset Management
960 4 Exor NV Agnelli 1899 Public Netherlands 53.00 171,175.55 307,637.00 12,736.6 Wealth & Asset Management
961 5 Ford Motor Company Ford 1903 Public USA 40.00 156,776.00 202,000.00 30,431.0 Automotive & Assembly
962 6 Schwarz Gruppe Schwarz 1930 Private Germany 100.00 127,616.16 410,000.00 - Retail and Consumer Products
963 7 BMW AG Quandt and Klatten 1916 Public Germany 72.70 118,489.43 133,475.00 52,594.3 Automotive & Assembly
964 8 Cargill, Incorporated Cargill and MacMillan 1865 Private USA 88.00 109,699.00 155,000.00 - Diversified industries
965 9 Tata Sons Ltd Tata 1868 Private India 73.40 100,000.00 695,669.00 - Manufacturing & Industrial Products
966 10 Koch Industries, Inc. Koch 1940 Private USA 84.00 95,155.50 120,000.00 - Manufacturing & Industrial Products
967 11 Comcast Corporation Roberts 1963 Public USA 33.60 84,526.00 164,000.00 154,910.6 Technology, Media and Entertainment
968 12 Pacific Construction Group Company Ltd Yan 1995 Private China 90.00 77,205.00 365,425.00 - Real Estate, Hospitality & Construction
969 13 Dell Technologies Inc. Dell 1984 Public USA 75.00 77,151.00 145,000.00 35,109.9 Technology, Media and Entertainment
970 14 Aldi Group Albrecht 1913 Private Germany 100.00 74,002.98 188,000.00 - Retail and Consumer Products
971 15 Amer International Group Company Ltd Wang Wenyin 1994 Private China 100.00 72,766.00 17,886.00 - Manufacturing & Industrial Products
972 16 ArcelorMittal Mittal 1976 Public Luxembourg 37.40 68,679.00 222,000.00 21,039.4 Mining & Metals
973 17 Auchan Holding SA Mulliez 1961 Private France 87.80 63,826.85 355,107.00 - Retail and Consumer Products
974 18 Gunvor Group Ltd Törnqvist 1997 Private Switzerland 60.00 63,000.00 1,600.00 - Power & Utilities
975 19 Reliance Industries Ltd Ambani 1966 Public India 45.20 59,696.20 187,729.00 95,463.1 Oil & Gas
976 20 LG Electronics Inc. Koo 1947 Public South Korea 37.50 57,473.18 85,905.00 9,522.1 Retail and Consumer Products
977 21 Roche Holding AG Hoffman and Oeri 1896 Public Switzerland 50.10 57,201.20 93,734.00 210,641.9 Pharmaceuticals & Medical Products
978 22 Anheuser-Busch InBev SA/NV Anheuser and Busch 1366 Public Belgium 41.30 56,444.00 182,915.00 129,269.4 Retail and Consumer Products
979 23 JD.com, Inc. Liu 1998 Public China 79.50 55,685.95 175,366.00 30,281.2 Retail and Consumer Products
980 24 Continental Aktiengesellschaft Schaeffler 1871 Public Germany 46.00 52,845.22 244,582.00 27,479.6 Manufacturing & Industrial Products
981 25 LVMH Moët Hennessy Louis Vuitton S.E. (aka Groupe Arnault) Arnault 1978 Public France 46.60 51,195.97 145,000.00 148,474.2 Retail and Consumer Products
982 26 Hinduja Group Ltd Hinduja 1919 Private India 100.00 50,000.00 150,000.00 - Diversified industries
983 27 JBS SA Batista 1953 Public Brazil 42.40 49,256.63 235,000.00 8,122.7 Retail and Consumer Products
984 28 China Evergrande Group Hui 1996 Public China 77.20 47,800.27 129,534.00 39,280.5 Real Estate, Hospitality & Construction
985 29 Banco Santander SA Botin 1857 Public Spain 0.00 47,312.68 202,251.00 73,827.3 Banking & Capital Markets
986 30 Hanwha Corporation Kim 1952 Public South Korea 36.00 47,183.69 36,000.00 1,945.3 Diversified industries
987 31 Foncière Euris Naouri 1925 Public France 50.00 46,400.10 333,722.00 322.3 Pharmaceuticals & Medical Products
988 32 Aditya Birla Group Birla 1956 Private India 100.00 44,300.00 120,000.00 - Diversified industries
989 33 INGKA Holding BV Kamprad 1943 Private Netherlands 100.00 43,465.15 149,000.00 - Retail and Consumer Products
990 34 Alimentation Couche-Tard Inc. Bouchard 1980 Public Canada 33.40 43,026.20 130,000.00 28,088.6 Retail and Consumer Products
991 35 Louis Dreyfus Company BV Louis Dreyfus 1851 Private Netherlands 50.00 43,005.00 17,000.00 - Diversified industries
992 36 Zhejiang Geely Holding Group Ltd Shufu 1986 Private China 98.90 42,765.86 18,000.00 - Automotive & Assembly
993 37 Power Corporation of Canada Desmaris 1925 Public Canada 80.10 40,874.59 30,484.00 8,535.5 Wealth & Asset Management
994 38 Technical Resources Pty Ltd Kyron and Iustini 1990 Private Australia 100.00 40,648.85 229.00 - Professional Firms & Services
995 39 Tyson Foods, Inc. Tyson 1935 Public USA 71.20 39,307.00 121,000.00 19,525.2 Retail and Consumer Products
996 40 George Weston Ltd Weston 1882 Public Canada 63.40 38,507.91 200,000.00 10,156.6 Retail and Consumer Products
997 41 Odebrecht Group Odebrecht and Gradin 1944 Private Brazil 82.00 37,231.42 58,000.00 - Diversified industries
998 42 Midea Group Co. Ltd Xiangjian 1968 Public China 36.20 36,994.53 135,000.00 35,515.9 Retail and Consumer Products
999 43 Loblaw Cos. Ltd. Weston 1919 Public Canada 50.10 35,303.08 200,000.00 16,805.2 Retail and Consumer Products
1000 44 Country Garden Holding Company Ltd Yang 1992 Public China 57.20 34,871.71 124,837.00 26,155.2 Real Estate, Hospitality & Construction
1001 45 NIKE, Inc. Knight 1964 Public USA 89.80 34,733.00 74,000.00 117,742.4 Retail and Consumer Products
1002 46 Idemitsu Kosan Co.,Ltd Idemitsu 1911 Public Japan 33.90 31,907.07 9,139.00 6,493.2 Oil & Gas
1003 47 Jardine Strategic Holdings Ltd Keswick 1832 Public Hong Kong 50.10 31,556.00 444,000.00 20,746.3 Retail and Consumer Products
1004 48 L'OREAL SA Bettencourt Meyers 1909 Public France 33.10 31,248.44 82,606.00 128,908.1 Retail and Consumer Products
1005 49 Rajesh Exports Ltd Mehta 1989 Public India 53.90 31,040.13 2,000.00 2,422.3 Retail and Consumer Products
1006 50 A.P. Møller - Mærsk A/S Moeller 1904 Public Denmark 70.30 30,945.00 75,813.00 25,255.4 Diversified industries
1007 51 C&S Wholesale Grocers, Inc. Cohen 1918 Private USA 100.00 30,000.00 17,000.00 - Retail and Consumer Products
1008 52 Twenty-First Century Fox, Inc. Murdoch 1922 Public USA 38.90 29,351.00 22,400.00 89,014.8 Technology, Media and Entertainment
1009 53 Enterprise Products Partners LP Duncan 1968 Public USA 32.10 29,241.50 7,000.00 53,641.2 Oil & Gas
1010 54 PHOENIX Pharma SE Merckle 1994 Private Germany 100.00 28,985.57 36,300.00 - Pharmaceuticals & Medical Products
1011 55 Industria de Diseno Textil SA Ortega 1963 Public Spain 59.30 28,953.43 171,839.00 79,678.5 Retail and Consumer Products
1012 56 Bechtel Group Inc. Bechtel 1898 Private USA 100.00 28,546.65 62,500.00 - Real Estate, Hospitality & Construction
1013 57 Avenue Capital Group Lasry 1995 Private USA 50.00 28,546.65 375.00 - Wealth & Asset Management
1014 58 Mars, Incorporated Mars 1911 Private USA 100.00 28,546.65 100,000.00 - Retail and Consumer Products
1015 59 MSC Mediterranean Shipping Company Holding SA Aponte 1970 Private Switzerland 100.00 28,200.00 70,000.00 - Travel, Transport & Logistics
1016 60 Itau Unibanco Holding SA Setubal and Moreira Salles 1924 Public Brazil 99.00 28,016.84 100,756.00 82,135.5 Banking & Capital Markets
1017 61 Randstad NV Goldschmeding 1960 Public Netherlands 37.90 27,945.24 39,100.00 8,404.7 Professional Firms & Services
1018 62 BCD Holdings NV Van Vlissingen 1975 Private Netherlands 100.00 27,900.00 14,500.00 - Travel, Transport & Logistics
1019 63 Reyes Holdings, LLC Reyes 1976 Private USA 100.00 27,800.00 31,000.00 - Retail and Consumer Products
1020 64 Heineken Holding NV Heineken and Hoyer 1864 Public Netherlands 51.70 26,282.42 80,425.00 24,321.3 Retail and Consumer Products
1021 65 Koç Holding A.Ş Koc 1963 Public Turkey 55.60 26,119.29 95,915.00 6,800.7 Diversified industries
1022 66 Mercadona SA Roig 1977 Private Spain 100.00 25,303.79 84,000.00 - Retail and Consumer Products
1023 67 CJ Corporation Lee 1953 Public South Korea 46.80 25,179.83 7,700.00 2,965.6 Diversified industries
1024 68 Sodexo SA Bellon 1966 Public France 37.70 24,446.23 427,000.00 14,918.6 Diversified industries
1025 69 Henkel AG & Company, KGaA Henkel 1876 Public Germany 61.00 24,050.19 53,700.00 44,565.0 Retail and Consumer Products
1026 70 Hennes & Mauritz AB Persson 1947 Public Sweden 71.10 23,969.05 171,000.00 23,469.7 Retail and Consumer Products
1027 71 H.E. Butt Grocery Company Butt 1905 Private USA 100.00 23,939.39 100,000.00 - Retail and Consumer Products
1028 72 SHV Holdings NV Fentener van Vlissingen 1896 Private Netherlands 100.00 23,860.47 60,100.00 - Power & Utilities
1029 73 Marriott International Marriott 1927 Public USA 64.50 22,894.00 177,000.00 37,033.1 Real Estate, Hospitality & Construction
1030 74 Enterprise Holdings Inc. Taylor 1957 Private USA 100.00 22,300.00 9,900.00 - Travel, Transport & Logistics
1031 75 Bollore Participations SA Bollore 1822 Public France 63.80 22,004.32 81,420.00 11,668.8 Travel, Transport & Logistics
1032 76 C.H. Boehringer Sohn AG & Co. KG Boehringer and von Baumbach 1885 Private Germany 100.00 21,700.29 50,000.00 - Pharmaceuticals & Medical Products
1033 77 Sonepar SA Coisne and Lambert 1960 Private France 50.00 21,600.00 44,500.00 - Manufacturing & Industrial Products
1034 78 Penske Automotive Group, Inc. Penske 1969 Public USA 50.00 21,386.90 26,000.00 3,421.6 Automotive & Assembly
1035 79 Pilot Travel Centers LLC Haslam 1958 Private USA 50.00 21,200.00 26,000.00 - Travel, Transport & Logistics
1036 80 CMA CGM SA Saadé 1978 Private France 80.00 21,116.20 28,749.00 - Travel, Transport & Logistics
1037 81 Wittington Investments Ltd Weston 1941 Private UK 100.00 21,087.09 133,913.00 - Wealth & Asset Management
1038 82 Formosa Petrochemical Corporation Wang 1992 Public Taiwan 50.00 21,037.82 6,189.00 33,921.3 Oil & Gas
1039 83 Essar Group Ruia 1969 Private India 100.00 21,000.00 75,000.00 - Diversified industries
1040 84 Bertelsmann SE & Co. KGaA Mohn 1835 Private Germany 100.00 20,751.68 120,807.00 - Technology, Media and Entertainment
1041 85 Groupe Lactalis Besnier 1933 Private France 100.00 20,389.80 75,000.00 - Retail and Consumer Products
1042 86 Cox Enterprises, Inc. Cox 1898 Private USA 100.00 20,000.00 60,000.00 - Diversified Industries
1043 87 Dalian Wanda Group Co Ltd Wang 1988 Private China 50.00 19,947.16 130,000.00 - Real Estate, Hospitality & Construction
1044 88 Public Joint Stock Company Magnit Galitsky 1994 Public Russia 41.00 19,593.10 271,828.00 5,153.4 Retail and Consumer Products
1045 89 Icahn Enterprises L.P. Icahn 1987 Public USA 91.40 19,544.00 89,034.00 10,654.0 Diversified industries
1046 90 Jerónimo Martins, SGPS, SA Soares dos Santos 1792 Public Portugal 56.10 19,543.89 104,203.00 7,439.9 Retail and Consumer Products
1047 91 PACCAR, Inc. Pigott 1905 Public USA 32.00 19,456.40 26,000.00 19,966.7 Manufacturing & Industrial Products
1048 92 Kuehne + Nagel International AG Kuehne 1890 Public Switzerland 57.90 19,079.38 76,428.00 15,366.7 Travel, Transport & Logistics
1049 93 Love's Travel Stops & Country Stores, Inc. Love 1964 Private USA 100.00 19,000.00 22,000.00 - Retail and Consumer Products
1050 94 Heraeus Holding GMBH Heraeus 1851 Private Germany 100.00 18,869.33 13,716.00 - Technology, Media and Entertainment
1051 95 Empire Company Ltd Sobey 1963 Public Canada 92.40 18,857.48 125,000.00 5,736.4 Diversified industries
1052 96 Kering SA Pinault 1963 Public France 50.00 18,585.13 29,000.00 59,326.8 Retail and Consumer Products
1053 97 Merck KGAA Merck 1668 Public Germany 70.30 18,404.18 54,756.00 44,941.3 Pharmaceuticals & Medical Products
1054 98 INEOS AG Ratcliffe 1998 Private UK 61.80 18,264.17 18,500.00 - Chemicals
1055 99 Fidelity Investments / FMR LLC Johnson 1946 Private USA 100.00 18,200.00 41,350.00 - Wealth & Asset Management
1056 100 Sears Holdings Corporation Lampert 1893 Public USA 49.40 18,104.00 89,000.00 29.4 Retail and Consumer Products
1057 101 Betfred Group Ltd Done 1967 Private UK 100.00 17,968.30 170,848.00 - Technology, Media and Entertainment
1058 102 Banco Bradesco SA Aguiar 1943 Public Brazil 48.40 17,670.46 98,800.00 62,667.8 Banking & Capital Markets
1059 103 Meijer, Inc. Meijer 1934 Private USA 100.00 17,400.00 80,000.00 - Retail and Consumer Products
1060 104 RETHMANN AG & Co. KG Rethmann 1934 Private Germany 100.00 17,391.30 72,000.00 - Other
1061 105 Fast Retailing Co., Ltd Yanai 1963 Public Japan 32.90 17,381.31 52,839.00 52,416.3 Retail and Consumer Products
1062 106 Cevital SPA Rebrab 1998 Private Algeria 60.00 17,283.04 18,000.00 - Retail and Consumer Products
1063 107 Lotte Shopping Co., Ltd Shing Dong 1979 Public South Korea 94.80 17,018.21 73,000.00 5,358.3 Retail and Consumer Products
1064 108 Cencosud SA Paulmann 1960 Public Chile 60.00 16,990.10 135,821.00 5,183.9 Retail and Consumer Products
1065 109 INA-Holding Schaeffler GmbH & Co. KG Schaeffler 1883 Public Germany 75.10 16,835.98 92,836.00 5,798.3 Manufacturing & Industrial Products
1066 110 Tetra Laval Holdings B.V. Rausing 1951 Private Switzerland 100.00 16,683.65 35,020.00 - Retail and Consumer Products
1067 111 Doosan Corporation Seung-jik Park 1896 Public South Korea 49.20 16,461.55 39,500.00 1,399.4 Diversified industries
1068 112 Bombardier Inc. Bombardier 1942 Public Canada 49.80 16,218.00 69,500.00 3,539.0 Travel, Transport & Logistics
1069 113 Alfa S.A.B. de C.V. Garza Sada, Calderón Ayala, Barragán Villarreal 1974 Public Mexico 41.00 16,180.28 86,810.00 6,014.5 Diversified industries
1070 114 Sun Art Retail Group Ltd Mulliez 1998 Public China 60.70 15,725.33 147,693.00 9,720.8 Retail and Consumer Products
1071 115 Great Wall Motor Company Ltd Wei 1984 Public China 60.00 15,548.51 68,505.00 6,685.0 Automotive & Assembly
1072 116 The Gap, Inc. Fisher 1969 Public USA 43.00 15,506.00 135,000.00 9,825.7 Retail and Consumer Products
1073 117 Hindalco Industries Ltd Birla 1958 Public India 34.70 15,461.65 36,000.00 7,241.7 Mining & Metals
1074 118 Charoen Pokphand Foods Public Company Ltd Chearavanont 1978 Public Thailand 48.00 15,456.70 11,774.00 6,261.1 Retail and Consumer Products
1075 119 MAHLE GmbH Mahle 1920 Private Germany 100.00 15,355.48 78,277.00 - Automotive & Assembly
1076 120 Adolf Würth GmbH & Co. KG Würth 1945 Private Germany 100.00 15,276.06 74,159.00 - Chemicals
1077 121 Fairfax Financial Holdings Ltd Watsa 1985 Public Canada 42.50 15,206.00 38,040.00 12,056.3 Insurance
1078 122 JM Family Enterprises, Inc. Moran 1968 Private USA 100.00 15,100.00 4,200.00 - Automotive & Assembly
1079 123 CP ALL Public Company Ltd Chearavanont 1988 Public Thailand 40.70 15,009.65 51,458.00 19,105.6 Retail and Consumer Products
1080 124 Husky Energy Inc. Li 1938 Public Canada 69.50 14,818.03 5,152.00 10,393.4 Oil & Gas
1081 125 Bharti Enterprises Mittal 1976 Private India 67.10 14,753.00 20,978.00 - Telecommunications
1082 126 Ferrovial, SA Del Pino 1952 Public Spain 35.70 14,658.98 95,978.00 14,702.4 Travel, Transport & Logistics
1083 127 S.A.C.I. Falabella Solari 1889 Public Chile 50.00 14,581.55 104,300.00 18,401.3 Retail and Consumer Products
1084 128 Edizione SRL (aka Benetton Group) Benetton 1965 Private Italy 100.00 14,539.00 64,000.00 - Retail and Consumer Products
1085 129 Dish Network Corporation Ergen 1996 Public USA 67.00 14,391.38 17,000.00 11,677.9 Technology, Media and Entertainment
1086 130 Vedanta Resources plc Agarwal 1976 Private UK 65.90 14,388.95 70,000.00 - Mining & Metals
1087 131 Marquard & Bahls AG Weisser 1947 Private Germany 100.00 14,346.10 7,727.00 - Travel, Transport & Logistics
1088 132 China Hongqiao Group Ltd Zhang 1994 Public China 81.10 14,341.01 50,500.00 4,929.6 Mining & Metals
1089 133 Geely Automobile Holdings Ltd Li 1998 Public China 42.60 14,256.18 47,500.00 15,827.0 Automotive & Assembly
1090 134 Dr. August Oetker KG Oetker 1891 Private Germany 100.00 13,914.24 32,204.00 - Retail and Consumer Products
1091 135 The Siam Cement PCL King Rama X 1913 Public Thailand 33.10 13,836.18 23,630.00 16,185.6 Real Estate, Hospitality & Construction
1092 136 Frere-Bourgeois Frère 1948 Private Belgium 100.00 13,731.96 80,000.00 - Wealth & Asset Management
1093 137 Gordon Food Service, Inc. Gordon 1897 Private USA 100.00 13,700.00 20,000.00 - Retail and Consumer Products
1094 138 Grupo Bimbo, S.A.B. de C.V. Servitje 1943 Public Mexico 49.00 13,627.52 139,875.00 9,335.3 Retail and Consumer Products
1095 139 Otto GmbH & Co KG Otto 1949 Private Germany 100.00 13,596.53 51,800.00 - Retail and Consumer Products
1096 140 Li & Fung Ltd Fung 1906 Public Hong Kong 62.20 13,534.21 21,322.00 1,336.1 Retail and Consumer Products
1097 141 Compagnie Financière Richemont SA Rupert 1988 Public Switzerland 50.00 13,313.52 28,740.00 36,149.6 Retail and Consumer Products
1098 142 CEMEX, S.A.B. de C.V. Zambrano 1906 Public Mexico 33.00 13,149.49 42,089.00 7,310.5 Real Estate, Hospitality & Construction
1099 143 Viacom, Inc. Redstone 1936 Public USA 79.50 13,012.00 10,750.00 10,458.0 Technology, Media and Entertainment
1100 144 Las Vegas Sands Corp. Adelson 1988 Public USA 54.80 12,882.00 50,500.00 40,772.6 Technology, Media and Entertainment
1101 145 Hangzhou Wahaha Group Co.,Ltd Zong 1987 Private China 80.00 12,802.00 40,000.00 - Retail and Consumer Products
1102 146 The Estée Lauder Companies Inc. Lauder 1946 Public USA 71.70 12,769.00 46,000.00 47,207.1 Retail and Consumer Products
1103 147 Lennar Corporation Miller 1954 Public USA 33.20 12,646.37 9,111.00 12,635.5 Real Estate, Hospitality & Construction
1104 148 Ferrero International SA Ferrero 1946 Private Italy 100.00 12,593.70 34,543.00 - Retail and Consumer Products
1105 149 Allegis Group, Inc. Davis 1983 Private USA 51.00 12,300.00 15,000.00 - Professional Firms & Services
1106 150 Sistema Public Joint Stock Financial Corporation Evtushenkov 1993 Public Russia 64.40 12,249.14 130,000.00 1,087.1 Diversified industries
1107 151 Liebherr-International SA Liebherr 1949 Private Switzerland 100.00 12,216.62 43,869.00 - Manufacturing & Industrial Products
1108 152 Solvay SA Solvay 1863 Public Belgium 58.20 12,113.94 24,500.00 10329.48621 Chemicals
1109 153 Formosa Chemicals & Fibre Corporation Wang 1965 Public Taiwan 50.00 12,081.89 23,000.00 20,011.3 Chemicals
1110 154 El Corte Inglés, SA Areces and Alvarez 1935 Private Spain 100.00 11,839.41 91,690.00 - Retail and Consumer Products
1111 155 CLP Holdings Limited Kadoorie 1901 Public Hong Kong 0.00 11,783.91 7,562.00 28,550.8 Power & Utilities
1112 156 Hyosung Corporation Jo 1966 Public South Korea 36.70 11,744.72 7,778.00 586.3 Diversified industries
1113 157 Maxingvest AG Herz 1949 Private Germany 51.00 11,696.42 29,712.00 - Professional Firms & Services
1114 158 Takenaka Corporation Takenaka 1960 Private Japan 100.00 11,505.76 12,982.00 - Real Estate, Hospitality & Construction
1115 159 Lippo Group Riady 1950 Public Indonesia 75.00 11,454.87 1,838.00 168.13508 Retail and Consumer Products
1116 160 Helm AG Schnabel 1900 Private Germany 100.00 11,402.93 1,430.00 - Chemicals
1117 161 Thomson Reuters Corporation Thomson 1799 Public Canada 59.60 11,333.00 46,100.00 24,397.8 Technology, Media and Entertainment
1118 162 Diethelm Keller Holding Ltd Keller 1860 Public Switzerland 45.00 11,293.71 31,973.00 4,485.1 Diversified industries
1119 163 Rogers Communications Inc. Roger 1960 Public Canada 90.90 11,277.59 25,200.00 26,406.7 Telecommunications
1120 164 Yildiz Holding AS Ülker 1944 Private Turkey 0.00 11,249.10 60,000.00 - Retail and Consumer Products
1121 165 Freudenberg & Co. KG Freudenberg 1849 Private Germany 100.00 11,221.90 48,000.00 - Manufacturing & Industrial Products
1122 166 New Hope Group Co., Ltd Yonghao 1982 Private China 100.00 11,218.87 70,000.00 - Diversified industries
1123 167 Gerdau SA Gerdau Johannpeter 1901 Public Brazil 41.20 11,144.44 45,000.00 6,134.9 Mining & Metals
1124 168 Sun Hung Kai Properties Ltd Kwok 1972 Public Hong Kong 33.40 11,138.49 37,500.00 41,285.9 Real Estate, Hospitality & Construction
1125 169 Molson Coors Brewing Company Coors and Molson 1786 Public USA 92.50 11,002.80 17,200.00 12,132.2 Retail and Consumer Products
1126 170 Etn. Fr. Colruyt NV Colruyt 1928 Public Belgium 51.90 11,002.76 29,255.00 9,325.1 Retail and Consumer Products
1127 171 GOME Retail Holdings Ltd Wong Kwong Yu 1987 Public China 59.70 11,000.18 41,840.00 1,748.8 Retail and Consumer Products
1128 172 Luxottica Group S.p.A. Del Vecchio 1961 Public Italy 61.90 10,995.79 85,150.00 28,361.5 Retail and Consumer Products
1129 173 Suntory Beverage & Food Ltd Torii and Saji 1899 Public Japan 89.40 10,955.81 37,745.00 13,969.3 Retail and Consumer Products
1130 174 S.F. Holding Co., Ltd Wang 1993 Public China 68.00 10,926.32 136,432.00 21,041.1 Travel, Transport & Logistics
1131 175 The Hearst Corporation Hearst 1887 Private USA 100.00 10,800.00 21,141.00 - Technology, Media and Entertainment
1132 176 Dirk Rossmann GmbH Rossmann 1972 Private Germany 60.00 10,794.60 54,500.00 - Wealth & Asset Management
1133 177 KONE Oyj Herlin 1910 Public Finland 62.00 10,737.75 56,611.00 24,603.6 Real Estate, Hospitality & Construction
1134 178 Canadian Tire Corporation, Ltd Billes 1922 Public Canada 61.40 10,712.95 21,099.00 6,842.2 Retail and Consumer Products
1135 179 Droege Group (ALSO Holding AG ) Droege 1988 Public Switzerland 100.00 10,675.66 3,706.00 1,451.5 Travel, Transport & Logistics
1136 180 Grupo Bal, SA De C.V. Bailleres Gonzalez 1887 Private Mexico 50.00 10,445.86 24,939.00 - Diversified industries
1137 181 Schindler Holding AG Schindler and Bonnard 1874 Public Switzerland 71.10 10,444.71 63,961.00 20,962.4 Manufacturing & Industrial Products
1138 182 Universal Health Services Inc. Miller 1978 Public USA 88.00 10,409.87 83,000.00 10,783.2 Pharmaceuticals & Medical Products
1139 183 Qurate Retail Inc. Malone 1998 Public USA 33.00 10,404.00 28,255.00 8,741.7 Technology, Media and Entertainment
1140 184 Central Group Chirathivat 1947 Private Thailand 100.00 10,400.00 94,150.00 - Diversified industries
1141 185 DM Drogerie markt Verwaltungs-GmbH Werner and Lehmann 1973 Private Germany 100.00 10,385.02 59,400.00 - Retail and Consumer Products
1142 186 Reitangruppen AS Reitan 1972 Private Norway 100.00 10,351.12 38,000.00 - Retail and Consumer Products
1143 187 JSW Steel Ltd Jindal 1982 Public India 37.30 10,350.90 11,848.00 10,587.8 Mining & Metals
1144 188 Louis Delhaize - Compagnie franco-belge d'Alimentation SA Bouriez-Heynderickx 1875 Private Belgium 100.00 10,337.03 33,367.00 - Retail and Consumer Products
1145 189 Nan Ya Plastics Corporation Wang 1958 Public Taiwan 50.00 10,319.56 13,697.00 19,561.5 Manufacturing & Industrial Products
1146 190 S. C. Johnson & Son, Inc Johnson 1886 Private USA 100.00 10,300.00 13,000.00 - Manufacturing & Industrial Products
1147 191 Swire Pacific Ltd Swire 1816 Public UK 54.90 10,275.74 130,000.00 14,531.9 Diversified industries
1148 192 NorgesGruppen ASA Johannson 1866 Private Norway 70.00 10,111.81 40,000.00 - Retail and Consumer Products
1149 193 Lithia Motors, Inc. DeBoer 1946 Public USA 100.00 10,086.51 12,899.00 1,796.0 Automotive & Assembly
1150 194 Novolipetsk Steel Lisin 1934 Public Russia 84.00 10,065.00 53,200.00 13,712.5 Mining & Metals
1151 195 Republic Services, Inc. Gates 1998 Public USA 66.80 10,041.50 35,000.00 23,398.3 Other
1152 196 Gestamp Automoción, SA Riberas 1997 Public Spain 100.00 10,002.00 41,048.00 3,274.9 Automotive & Assembly
1153 197 Wendel-Participations SE Wendel 1704 Public France 100.00 10,001.32 125,165.00 5,443.2 Wealth & Asset Management
1154 198 Medline Industries, Inc. Mills 1966 Private USA 100.00 10,000.00 18,000.00 - Pharmaceuticals & Medical Products
1155 199 Menard, Inc. Menard 1958 Private USA 100.00 10,000.00 45,000.00 - Retail and Consumer Products
1156 200 United Company RUSAL Plc Deripaska 1997 Public Russia 48.40 9,969.00 64,073.00 5,024.7 Mining & Metals
1157 201 HAL Trust N.V. van der Vorm 1873 Public Curacao 68.00 9,829.73 51,397.00 12,459.2 Diversified industries
1158 202 Grupo Mexico, S.A.B. de C.V. Larrea 1942 Public Mexico 51.00 9,786.41 31,509.00 16,021.2 Mining & Metals
1159 203 Chanel Limited Wertheimer 1910 Private France 100.00 9,623.40 20,197.00 - Retail and Consumer Products
1160 204 Bloomberg L.P. Bloomberg 1981 Private USA 88.00 9,600.00 19,000.00 - Technology, Media and Entertainment
1161 205 Hellenic Petroleum SA Latsis 1958 Public Greece 42.60 9,599.77 3,409.00 2,582.3 Oil & Gas
1162 206 Acciona, SA Entrecanales 1931 Public Spain 55.70 9,446.83 38,254.00 4,625.3 Diversified industries
1163 207 Benteler International AG Benteler 1876 Private Germany 100.00 9,433.37 30,000.00 - Automotive & Assembly
1164 208 Axel Johnson AB Johnson 1873 Private Sweden 100.00 9,428.01 20,000.00 - Professional Firms & Services
1165 209 Motor Oil (Hellas) Corinth Refineries SA Vardinoyannis 1970 Public Greece 40.00 9,418.21 2,151.00 2,663.7 Oil & Gas
1166 210 Yamazaki Baking Co. Yamazaki 1948 Public Japan 0.00 9,350.24 27,836.00 4,569.2 Retail and Consumer Products
1167 211 ABC Supply Co., Inc. Hendricks 1982 Private USA 100.00 9,300.00 14,000.00 - Retail and Consumer Products
1168 212 Saras S.p.A. Moratti 1962 Public Italy 50.00 9,184.64 1,944.00 1,812.2 Oil & Gas
1169 213 Saputo Inc. Saputo 1954 Public Canada 44.00 9,184.34 15,000.00 11,165.7 Retail and Consumer Products
1170 214 Hormel Foods Corporation Hormel 1891 Public USA 48.50 9,167.52 20,100.00 22,816.5 Retail and Consumer Products
1171 215 China Fortune Land Development Co., Ltd Wang Wenxue 1998 Public China 68.90 9,165.23 27,956.00 11,113.1 Real Estate, Hospitality & Construction
1172 216 Coty Inc. Reimann 1904 Public USA 96.70 9,149.30 22,000.00 4,927.1 Retail and Consumer Products
1173 217 Bass Pro Group Morris 1971 Private USA 50.00 9,143.95 31,500.00 - Retail and Consumer Products
1174 218 Guangzhou R&F Properties Co., Ltd Zhang 1994 Public China 32.00 9,110.28 52,634.00 4,871.8 Real Estate, Hospitality & Construction
1175 219 Esselunga SpA Caprotti 1957 Private Italy 100.00 9,099.60 23,386.00 - Retail and Consumer Products
1176 220 Meritz Financial Group Inc. Cho 1922 Public South Korea 69.00 9,065.18 0.00 1,454.8 Wealth & Asset Management
1177 221 DunAn Holding Group Co., Ltd Yao 1987 Private China 100.00 9,008.40 4,200.00 - Manufacturing & Industrial Products
1178 222 Gulf States Toyota Distributors Friedkin 1969 Private USA 100.00 9,000.00 5,600.00 - Automotive & Assembly
1179 223 Tengelmann Warenhandelsgesellschaft KG Haub 1867 Private Germany 100.00 8,995.50 85,000.00 - Retail and Consumer Products
1180 224 Giant Eagle, Inc. Goldstein, Porter, Chait, Moravitz, Weizenbaum 1931 Private USA 100.00 8,900.00 36,000.00 - Retail and Consumer Products
1181 225 Indorama Ventures Public Co., Ltd Lohia 1994 Public Thailand 60.00 8,816.67 14,000.00 9,422.7 Chemicals
1182 226 Hertz Global Holdings, Inc. Icahn 1918 Public USA 34.80 8,803.00 37,000.00 1,145.7 Travel, Transport & Logistics
1183 227 Majid Al Futtaim Holding LLC Al Futtaim 1992 Private UAE 100.00 8,786.34 40,923.00 - Retail and Consumer Products
1184 228 CGI Group Inc. Godin 1976 Public Canada 49.10 8,760.40 74,000.00 16,915.3 Technology, Media and Entertainment
1185 229 Wegmans Food Markets, Inc. Wegman 1916 Private USA 100.00 8,721.81 48,000.00 - Retail and Consumer Products
1186 230 RaceTrac Petroleum, Inc. Bolch 1934 Private USA 100.00 8,700.00 8,716.00 - Oil & Gas
1187 231 Sanpower Group Co., Ltd Yuan 1993 Private China 95.00 8,602.63 25,000.00 - Diversified industries
1188 232 Amway Corp. van Andel and de Vos 1959 Private USA 100.00 8,600.00 17,000.00 - Retail and Consumer Products
1189 233 Wipro Ltd Premji 1945 Public India 73.30 8,571.25 175,346.00 21,352.6 Technology, Media and Entertainment
1190 234 ApS Selfinvest Oestergaard-Nielsen 1990 Private Denmark 100.00 8,500.00 1,650.00 - Automotive & Assembly
1191 235 Dick's Sporting Goods, Inc. Stack 1948 Public USA 59.70 8,409.78 30,300.00 3,067.1 Retail and Consumer Products
1192 236 Knauf Gips KG Knauf 1932 Private Germany 100.00 8,299.85 27,900.00 - Manufacturing & Industrial Products
1193 237 News Corporation Murdoch 1979 Public USA 39.40 8,296.00 28,000.00 6,680.5 Technology, Media and Entertainment
1194 238 Tönnies Holding ApS & Co. KG Tönnies 1971 Private Germany 100.00 8,275.86 13,500.00 - Retail and Consumer Products
1195 239 SHI International Corp. Lee 1989 Private USA 60.00 8,243.56 3,877.00 - Technology, Media and Entertainment
1196 240 Votorantim SA Moraes 1918 Private Brazil 100.00 8,218.50 41,759.00 - Manufacturing & Industrial Products
1197 241 The Swatch Group AG Hayek 1983 Public Switzerland 40.50 8,167.79 36,200.00 15,293.3 Retail and Consumer Products
1198 242 B . Braun Melsungen AG Braun 1839 Private Germany 100.00 8,151.86 61,583.00 - Pharmaceuticals & Medical Products
1199 243 PPF Group NV Kellner 1991 Private Netherlands 84.60 8,148.72 170,000.00 - Diversified industries
1200 244 HELLA GmbH & Co. KGaA Hueck 1899 Public Germany 60.30 8,145.05 40,263.00 4,406.8 Automotive & Assembly
1201 245 Burelle SA Burelle 1957 Public France 88.90 8,131.33 31,000.00 1,602.1 Diversified industries
1202 246 Westlake Chemical Corp. Chao 1986 Public USA 71.30 8,041.00 8,800.00 8,546.9 Chemicals
1203 247 Jim Pattison Group Pattison 1961 Private Canada 100.00 8,028.49 45,000.00 - Technology, Media and Entertainment
1204 248 Galaxy Entertainment Group Ltd Lui 1988 Public China 38.90 7,992.69 20,500.00 27,503.0 Technology, Media and Entertainment
1205 249 Agile Group Holdings Ltd Zhuolin 1985 Public Hong Kong 65.70 7,931.37 20,701.00 4,606.6 Real Estate, Hospitality & Construction
1206 250 SM Investments Corp. Sy 1958 Public Philippines 47.50 7,926.15 94,516.00 21,071.6 Manufacturing & Industrial Products
1207 251 Unternehmensgruppe Theo Müller Mueller 1896 Private Luxembourg 100.00 7,916.04 27,500.00 - Retail and Consumer Products
1208 252 Campbell Soup Company Malone and Dorrance 1869 Public USA 32.10 7,849.00 23,000.00 9,930.9 Retail and Consumer Products
1209 253 PAO Severstal Mordashov 1955 Public Russia 79.20 7,848.00 100,000.00 11,064.7 Mining & Metals
1210 254 China Yongda Automobiles Services Holdings Ltd Tak on Cheung 1991 Public China 33.40 7,791.86 13,892.00 1,117.2 Automotive & Assembly
1211 255 Groupe SEB Lescure 1857 Public France 39.70 7,786.50 33,600.00 6,414.4 Diversified industries
1212 256 Sonae, SGPS, SA Azevedo 1959 Public Portugal 50.00 7,713.39 46,155.00 1,741.4 Retail and Consumer Products
1213 257 Keele Oy Anttonen 1990 Private Finland 100.00 7,712.26 766.00 - Oil & Gas
1214 258 Organization Soriana , SAB de CV Bringas and Soberon 1968 Public Mexico 86.20 7,705.10 104,500.00 2,541.9 Retail and Consumer Products
1215 259 Quiñenco SA Luksic 1957 Public Chile 81.40 7,692.10 69,000.00 4,328.5 Manufacturing & Industrial Products
1216 260 Decathlon SA Leclercq and Mulliez 1976 Private France 80.00 7,618.71 80,000.00 - Retail and Consumer Products
1217 261 HCL Technologies Ltd Nadar 1976 Public India 60.40 7,616.55 120,081.00 19,295.7 Technology, Media and Entertainment
1218 262 Liberty Media Corp. Malone 1991 Private USA 47.60 7,594.00 4,393.00 - Technology, Media and Entertainment
1219 263 McCain Foods Ltd McCain 1957 Private Canada 100.00 7,557.25 40,000.00 - Retail and Consumer Products
1220 264 Brose Fahrzeugteile GmbH & Co. KG, Coburg Stoschek/ Volkmann 1908 Private Germany 100.00 7,556.22 26,000.00 - Automotive & Assembly
1221 265 PJSC Magnitogorsk Iron & Steel Works Rashnikov 1932 Public Russia 80.00 7,546.00 56,000.00 6,925.9 Mining & Metals
1222 266 The Hershey Company Hershey 1894 Public USA 81.40 7,515.43 16,135.00 22,487.2 Retail and Consumer Products
1223 267 Golden Agri-Resources Ltd Widjaja 1996 Public Singapore 50.00 7,507.60 173,700.00 2,290.2 Retail and Consumer Products
1224 268 Flex-N-Gate Corp. Khan 1956 Private USA 100.00 7,500.00 13,000.00 - Automotive & Assembly
1225 269 Knorr-Bremse AG Thiele 1905 Public Germany 50.00 7,488.39 29,028.00 14,510.6 Manufacturing & Industrial Products
1226 270 Constellation Brands, Inc. Sands 1945 Public USA 58.10 7,443.50 10,000.00 30,558.1 Retail and Consumer Products
1227 271 Brightoil Petroleum Holdings Ltd Sit Kwong Lam 1992 Private Hong Kong 73.00 7,438.47 493.00 - Oil & Gas
1228 272 Globus Holding Gmbh & Co. KG Bruch 1828 Private Germany 100.00 7,421.93 35,176.00 - Retail and Consumer Products
1229 273 New World Development Company Ltd Cheng 1970 Public Hong Kong 43.90 7,413.47 45,000.00 13,494.6 Real Estate, Hospitality & Construction
1230 274 LuLu Group International Yusuffali 1966 Private UAE 100.00 7,400.00 50,000.00 - Retail and Consumer Products
1231 275 BAUHAUS GmbH & Co. KG Baus 1960 Private Switzerland 100.00 7,388.30 19,000.00 - Retail and Consumer Products
1232 276 Hong Leong Group Kwek 1968 Public Malaysia 75.20 7,367.22 45,000.00 5,138.7 Diversified industries
1233 277 Pon Holdings BV Pon 1895 Private Netherlands 95.00 7,338.74 13,000.00 - Travel, Transport & Logistics
1234 278 First Pacific Company Ltd Salim 1981 Public Hong Kong 45.10 7,296.80 105,968.00 1,668.8 Wealth & Asset Management
1235 279 AGROFERT, a.s. Babis 1993 Private Czech Republic 50.00 7,291.40 33,778.00 - Diversified industries
1236 280 Chow Tai Fook Jewellery Group Ltd Cheng 1929 Public China 89.30 7,271.44 30,000.00 8,338.3 Retail and Consumer Products
1237 281 Einkaufsbüro Deutscher Eisenhändler GmbH Trautwein 1931 Private Germany 75.50 7,244.38 1,129.00 - Manufacturing & Industrial Products
1238 282 Fomento de Construcciones y Contratas, SA Koplowitz 1900 Public Spain 100.00 7,163.37 7,952.00 5,066.9 Real Estate, Hospitality & Construction
1239 283 Salini Impregilo SpA Salini 1906 Public Italy 67.80 7,132.54 31,965.00 800.8 Real Estate, Hospitality & Construction
1240 284 Arca Continental, S.A.B. de C.V. Barragan 1908 Public Mexico 49.00 7,105.60 63,108.00 9,834.7 Retail and Consumer Products
1241 285 easyJet plc Haji-Loannou 1995 Public UK 33.70 7,062.24 14,605.00 5,569.6 Travel, Transport & Logistics
1242 286 Yazaki Corp. Yazaki 1941 Private Japan 100.00 7,021.05 285,000.00 - Automotive & Assembly
1243 287 Nine Dragons Paper (Holdings) Ltd Cheung and Zhang 1995 Public China 64.10 7,020.34 17,000.00 4,327.2 Manufacturing & Industrial Products
1244 288 Kohler Co. Kohler 1873 Private USA 96.00 7,000.00 37,000.00 - Manufacturing & Industrial Products
1245 289 DKV Mobility Services Group Grimmke and Fischer 1934 Private Germany 55.00 6,988.08 898.00 - Automotive & Assembly
1246 290 Formosa Plastics Group Wang 1954 Public Taiwan 50.00 6,967.90 112,996.00 21,004.2 Chemicals
1247 291 Deichmann SE Deichmann 1913 Private Germany 100.00 6,956.52 39,564.00 - Retail and Consumer Products
1248 292 Jumbo Groep Holding B.V. Eerd 1921 Private Netherlands 100.00 6,926.70 35,712.00 - Retail and Consumer Products
1249 293 Barry Callebaut AG Jacobs 1996 Public Switzerland 50.00 6,925.93 11,570.00 8,522.3 Retail and Consumer Products
1250 294 Ramsay Health Care Ltd Ramsay 1964 Public Australia 46.40 6,900.17 60,000.00 8,137.8 Pharmaceuticals & Medical Products
1251 295 Bitten Og Mads Clausens Fond Clausen 1971 Private Denmark 99.00 6,867.58 26,645.00 - Other
1252 296 Koninklijke Volker Wessels Stevin NV Wessel 1854 Private Netherlands 85.00 6,861.19 16,179.00 - Manufacturing & Industrial Products
1253 297 Grupo Villar Mir, S.A.U. Villar Mir 1999 Private Spain 50.40 6,856.01 30,546.00 - Diversified industries
1254 298 Sany Group Co., Ltd Liang 1989 Private China 56.40 6,837.27 20,000.00 - Manufacturing & Industrial Products
1255 299 C&A Group (aka Cofra Holding) Brenninkmeijer 1841 Private Switzerland 100.00 6,836.58 60,000.00 - Diversified industries
1256 300 Yanmar Holdings Co. Ltd. Yamaoka 1912 Private Japan 0.00 6,720.65 19,642.00 - Real Estate, Hospitality & Construction
1257 301 Kingston Technology Company, Inc. Tu and Sun 1987 Private USA 100.00 6,700.00 3,000.00 - Technology, Media and Entertainment
1258 302 Trammo, Inc. Stanton 1965 Private USA 100.00 6,700.00 450.00 - Diversified industries
1259 303 Eurocash SA de Amaral 1993 Public Poland 87.80 6,688.63 17,571.00 653.2 Retail and Consumer Products
1260 304 American Financial Group, Inc. Lindner 1959 Public USA 51.00 6,684.00 8,000.00 8,080.1 Insurance
1261 305 Hermès International SA Hermes 1837 Public France 74.70 6,663.30 13,764.00 57,876.4 Retail and Consumer Products
1262 306 MHK Group AG Strothoff 1980 Private Germany 100.00 6,656.67 27,890.00 - Retail and Consumer Products
1263 307 Graybar Electric Company, Inc. Mazzarella, Harwood, Lyons, Mansfield, Maxwell 1869 Private USA 85.30 6,631.23 8,500.00 - Manufacturing & Industrial Products
1264 308 Groupe Bruxelles Lambert SA Desmarais and Frère 1956 Public Belgium 50.00 6,627.88 18,000.00 13,827.1 Wealth & Asset Management
1265 309 Perdue Farms, Inc. Perdue 1920 Private USA 100.00 6,600.00 21,000.00 - Retail and Consumer Products
1266 310 Sheetz, Inc. Sheetz 1952 Private USA 90.00 6,600.00 17,500.00 - Retail and Consumer Products
1267 311 Groupe Galeries Lafayette Moulin 1894 Private France 100.00 6,458.89 26,233.00 - Retail and Consumer Products
1268 312 Franklin Resources Inc. Johnson 1947 Public USA 38.50 6,446.90 9,691.00 15,193.6 Wealth & Asset Management
1269 313 Sika AG Burkard-Schenker 1910 Public Switzerland 52.90 6,411.41 19,697.00 17,953.8 Chemicals
1270 314 Lenta Ltd Meyer 1993 Public Russia 44.00 6,348.88 53,100.00 1,504.1 Retail and Consumer Products
1271 315 Agrokor d.d. Todoric 1976 Private Croatia 90.00 6,341.79 50,903.00 - Retail and Consumer Products
1272 316 DACHSER GmbH & Co. KG Simon, Rohde and Dachser 1930 Private Germany 50.10 6,339.66 29,098.00 - Travel, Transport & Logistics
1273 317 SK Discovery Co., Ltd Choe 1969 Public South Korea 39.90 6,315.59 70,000.00 370.5 Diversified industries
1274 318 Bacardi Ltd Bacardi 1862 Private Bermuda 100.00 6,300.00 7,000.00 - Retail and Consumer Products
1275 319 Dillard's, Inc. Dillard 1938 Public USA 99.40 6,297.47 40,000.00 1,600.9 Retail and Consumer Products
1276 320 Adani Enterprises Ltd Adani 1988 Public India 63.10 6,254.55 597.00 2,543.3 Diversified industries
1277 321 Ralph Lauren Corp. Lauren 1967 Public USA 81.90 6,218.50 23,500.00 8,322.1 Retail and Consumer Products
1278 322 ENERCON GmbH Wobben 1984 Private Germany 100.00 6,149.56 13,000.00 - Manufacturing & Industrial Products
1279 323 PT Gudang Garam Tbk Wonowidjojo 1958 Public Indonesia 76.50 6,145.31 35,272.00 11,156.0 Retail and Consumer Products
1280 324 Otsuka Corp. Otsuka 1972 Public Japan 40.00 6,136.33 8,658.00 5,218.9 Technology, Media and Entertainment
1281 325 Grupo Antolin-Irausa SA Antolin 1959 Private Spain 100.00 6,125.95 28,707.00 - Automotive & Assembly
1282 326 Orient Overseas (International) Ltd Tung 1969 Public Hong Kong 68.70 6,108.35 10,209.00 4,235.2 Travel, Transport & Logistics
1283 327 OSI Group LLC Lavin 1909 Private USA 100.00 6,100.00 20,000.00 - Retail and Consumer Products
1284 328 Técnicas Reunidas, SA Urrutia 1959 Public Spain 37.20 6,085.43 8,644.00 1,312.6 Manufacturing & Industrial Products
1285 329 Belle International Holdings Ltd Yiu 1978 Private Hong Kong 41.50 6,072.58 116,810.00 - Retail and Consumer Products
1286 330 Cumberland Farms, Inc. Haseotes 1938 Private USA 100.00 6,000.00 6,000.00 - Retail and Consumer Products
1287 331 J.R. Simplot Company Simplot 1929 Private USA 100.00 6,000.00 10,000.00 - Manufacturing & Industrial Products
1288 332 VDL Groep bv Van der Leegte 1953 Private Netherlands 50.00 5,993.01 16,137.00 - Manufacturing & Industrial Products
1289 333 Iliad SA Niel 1991 Public France 54.30 5,988.80 9,712.00 8,282.5 Technology, Media and Entertainment
1290 334 CVR Energy, Inc. Icahn 1906 Public USA 70.80 5,988.40 1,440.00 3,466.3 Power & Utilities
1291 335 AmTrust Financial Services, Inc. Zyskind and Karfunkel 1998 Private USA 79.40 5,965.50 9,300.00 - Insurance
1292 336 Dr. Alexander Wacker Familiengesellschaft mbH Wacker 1914 Private Germany 60.00 5,912.82 13,724.00 - Chemicals
1293 337 Hankook Tire Worldwide Co., Ltd Cho 1941 Public South Korea 75.30 5,879.29 22,000.00 1,367.3 Automotive & Assembly
1294 338 Shandong Dahai Group Co., Ltd Hai 1988 Private China 83.00 5,849.43 6,000.00 - Diversified industries
1295 339 Marfin Srl (aka Marcegaglia) Marcegaglia 1959 Private Italy 100.00 5,845.27 6,019.00 - Banking & Capital Markets
1296 340 Thai Beverage Public Co., Ltd Sirivadhanabhakdi 1786 Public Thailand 65.90 5,834.25 41,367.00 11,243.7 Retail and Consumer Products
1297 341 Mexichem SAB de CV Del Valle Petrochena 1953 Public Mexico 72.00 5,828.33 22,000.00 5,303.9 Chemicals
1298 342 Seaboard Corp. Bresky 1918 Public USA 77.70 5,809.00 11,800.00 4,141.4 Diversified industries
1299 343 Dassault Aviation SA Dassault 1914 Public France 56.10 5,803.03 18,016.00 11,512.7 Travel, Transport & Logistics
1300 344 Etablissements J. Soufflet SA Soufflet 1900 Private France 81.50 5,779.78 7,441.00 - Retail and Consumer Products
1301 345 Carl Bennet AB Bennet 1989 Private Sweden 100.00 5,771.47 28,456.00 - Diversified industries
1302 346 Pick n Pay Holdings Ltd RF Ackerman 1967 Private South Africa 48.50 5,759.40 85,000.00 - Retail and Consumer Products
1303 347 Novomatic Group Graf 1980 Private Austria 100.00 5,757.12 29,500.00 - Wealth & Asset Management
1304 348 Bartels-Langness Handelsgesellschaft mbH & Co. KG Langness 1892 Private Germany 100.00 5,734.33 18,500.00 - Retail and Consumer Products
1305 349 Eby-Brown Company, LLC Wake 1887 Private USA 100.00 5,700.00 2,275.00 - Retail and Consumer Products
1306 350 Dot Foods, Inc. Tracy 1960 Private USA 100.00 5,700.00 4,951.00 - Retail and Consumer Products
1307 351 SUEK Ltd Melnichenko 1999 Private Russia 90.00 5,693.00 33,124.00 - Power & Utilities
1308 352 Amorepacific Group Seo 1945 Public South Korea 56.80 5,643.82 11,281.00 5,198.4 Retail and Consumer Products
1309 353 LEGO A/S Kristiansen 1932 Private Denmark 75.00 5,643.78 17,534.00 - Retail and Consumer Products
1310 354 Advance Publications, Inc. Newhouse 1922 Private USA 100.00 5,621.92 37,325.00 - Technology, Media and Entertainment
1311 355 Marfrig Global Foods SA Molina dos Santos 1986 Public Brazil 35.80 5,608.16 32,846.00 874.7 Retail and Consumer Products
1312 356 Clark Enterprises, Inc. Clark 1972 Private USA 100.00 5,600.00 4,500.00 - Wealth & Asset Management
1313 357 Companhia Siderurgica Nacional SA Steinbruch 1941 Public Brazil 54.50 5,592.08 25,189.00 3,151.5 Manufacturing & Industrial Products
1314 358 Wharf (Holdings) Ltd Woo 1886 Public Hong Kong 60.00 5,538.27 8,800.00 7,937.5 Real Estate, Hospitality & Construction
1315 359 Sucres et Denrées SA Varsano 1952 Private France 58.00 5,514.49 4,700.00 - Retail and Consumer Products
1316 360 JG Summit Holdings, Inc. Gokongwei 1957 Public Philippines 43.40 5,471.10 22,894.00 7,606.7 Retail and Consumer Products
1317 361 Israel Chemicals Ltd Ofer 1968 Public Israel 50.80 5,418.00 12,627.00 7,262.8 Chemicals
1318 362 Dongwon Enterprise Co., Ltd Kim 1969 Private South Korea 92.50 5,405.46 171.00 - Wealth & Asset Management
1319 363 Hilti AG Hilti 1941 Private Liechtenstein 100.00 5,384.89 26,881.00 - Manufacturing & Industrial Products
1320 364 Eberspächer Gruppe GmbH & Co. KG Eberspächer, Baumann, Beckmann 1865 Private Germany 78.40 5,374.51 10,700.00 - Automotive & Assembly
1321 365 Kelly Services, Inc. Adderley 1946 Public USA 93.50 5,374.40 7,800.00 801.2 Professional Firms & Services
1322 366 UCB SA Janssen 1920 Public Belgium 36.80 5,372.24 7,500.00 15,357.3 Pharmaceuticals & Medical Products
1323 367 Porto Seguro SA Garfinkel 1945 Public Brazil 57.10 5,369.84 14,456.00 4,355.1 Wealth & Asset Management
1324 368 Ayala Corp. Zobel de Ayala 1834 Public Philippines 40.00 5,337.85 55,264.00 10,832.2 Banking & Capital Markets
1325 369 B&D Holding SpA (aka Gruppo De Agostini) Drago and Boroli 1901 Private Italy 51.10 5,325.72 14,000.00 - Diversified industries
1326 370 Arnold Clark Automobiles Ltd Clark 1954 Private UK 100.00 5,313.80 9,184.00 - Automotive & Assembly
1327 371 Tenaris SA Rocca 1909 Public Luxembourg 60.50 5,288.50 21,605.00 12,759.6 Manufacturing & Industrial Products
1328 372 Celulosa Arauco y Constitución SA Angelini 1979 Private Chile 63.40 5,238.34 15,379.00 - Manufacturing & Industrial Products
1329 373 Visy Industries Holdings Pty Ltd Pratt 1948 Private Australia 100.00 5,232.70 9,500.00 - Retail and Consumer Products
1330 374 Harel Insurance Investments and Financial Services Ltd Hamburger 1935 Public Israel 50.00 5,189.23 4,860.00 1,404.2 Insurance
1331 375 PORR AG Ortner 1869 Public Austria 39.10 5,169.32 18,802.00 576.6 Real Estate, Hospitality & Construction
1332 376 Dogus Holding AS Sahenk 1951 Private Turkey 80.30 5,161.89 35,000.00 - Diversified industries
1333 377 Windward Prospects Ltd Tauscher and Barron 1989 Private UK 60.00 5,160.00 18,732.00 - Manufacturing & Industrial Products
1334 378 Zorlu Holding AS Zorlu 1953 Private Turkey 96.00 5,154.35 24,505.00 - Diversified industries
1335 379 Prosegur Compañia de Seguridad SA Revoredo 1976 Public Spain 70.00 5,152.09 170,350.00 3,030.6 Professional Firms & Services
1336 380 Empresas CMPC SA Matte 1920 Public Chile 51.90 5,143.07 16,986.00 7,948.0 Manufacturing & Industrial Products
1337 381 Voith GmbH & Co. KGaA Voith 1867 Private Germany 100.00 5,121.87 19,627.00 - Technology, Media and Entertainment
1338 382 Central National-Gottesman, Inc. Wallach 1886 Private USA 100.00 5,100.00 2,500.00 - Manufacturing & Industrial Products
1339 383 Sinclair Oil Corp. Sinclair 1986 Private USA 100.00 5,100.00 9,000.00 - Oil & Gas
1340 384 Kuala Lumpur Kepong Berhad Hian 1906 Public Malaysia 46.60 5,090.48 38,000.00 6,365.8 Retail and Consumer Products
1341 385 Aker ASA Rokke 1841 Public Norway 68.20 5,083.27 19,444.00 3,959.1 Banking & Capital Markets
1342 386 Evergreen Marine Corporation (Taiwan) Ltd Chang 1968 Public Taiwan 33.40 5,075.94 3,356.00 1,754.5 Travel, Transport & Logistics
1343 387 United Internet AG Dommermuth 1988 Public Germany 42.30 5,050.79 9,032.00 8,765.0 Telecommunications
1344 388 Telephone and Data Systems, Inc. Carlson 1969 Public USA 56.30 5,044.00 9,900.00 3,674.2 Telecommunications
1345 389 Gilbane, Inc. Gilbane 1873 Private USA 100.00 5,000.00 2,868.00 - Real Estate, Hospitality & Construction
1346 390 The Renco Group, Inc. Rennert 1975 Private USA 100.00 5,000.00 12,000.00 - Manufacturing & Industrial Products
1347 391 Demoulas Super Markets, Inc. Demoulas 1917 Private USA 83.20 5,000.00 25,000.00 - Retail and Consumer Products
1348 392 Franz Haniel & Cie. Gmbh Haniel 1756 Private Germany 100.00 4,989.19 18,732.00 - Diversified industries
1349 393 Greenyard NV Deprez 1968 Public Belgium 49.30 4,981.84 10,000.00 358.5 Retail and Consumer Products
1350 394 Servier Laboratories Ltd Servier 1954 Private France 50.00 4,977.51 21,700.00 - Pharmaceuticals & Medical Products
1351 395 Under Armour, Inc. Plank 1996 Public USA 65.00 4,976.55 15,800.00 7,583.2 Retail and Consumer Products
1352 396 API holding SpA (aka Gruppo API) Peretti and Brachetti 1933 Private Italy 85.00 4,963.83 852.00 - Power & Utilities
1353 397 Sundrug Co., Ltd. Tada 1965 Public Japan 42.00 4,927.70 6,772.00 3,489.0 Retail and Consumer Products
1354 398 Genting Berhad Lim 1965 Public Malaysia 42.50 4,923.05 55,000.00 5,679.7 Diversified industries
1355 399 NV Bekaert SA Bekaert 1880 Public Belgium 36.10 4,921.05 30,000.00 1,360.4 Mining & Metals
1356 400 Fritz Dräxlmaier GmbH & Co. KG Dräxkmaier 1958 Private Germany 100.00 4,917.54 70,000.00 - Automotive & Assembly
1357 401 Miele & Cie. KG Miele/ Zinkann 1899 Private Germany 100.00 4,917.54 20,098.00 - Manufacturing & Industrial Products
1358 402 Gebr. Heinemann SE & Co. KG Heinemann 1879 Private Germany 100.00 4,917.54 6,000.00 - Retail and Consumer Products
1359 403 PJSC DIXY Group Kesaev and Katsiev 1992 Private Russia 50.00 4,916.88 142.00 - Retail and Consumer Products
1360 404 Levi Strauss & Co. Haas 1853 Private USA 60.40 4,904.03 13,800.00 - Retail and Consumer Products
1361 405 Organizações Globo Participações SA Marinho 1925 Private Brazil 100.00 4,901.93 30,000.00 - Technology, Media and Entertainment
1362 406 Banco Macro SA Britos 1976 Public Argentina 43.00 4,896.58 8,713.00 2,822.6 Banking & Capital Markets
1363 407 Hornbach Holding AG & Co. KGaA Hornbach 1877 Public Germany 43.80 4,886.33 20,554.00 761.2 Retail and Consumer Products
1364 408 Egon Oldendorff GmbH & Co. KG Oldendorff 1921 Private Germany 100.00 4,864.77 4,000.00 - Travel, Transport & Logistics
1365 409 Grupo Comercial Chedraui SAB de CV Chedraui 1920 Public Mexico 84.00 4,818.14 50,749.00 1,926.6 Retail and Consumer Products
1366 410 Pentland Group plc Rubin 1932 Private UK 100.00 4,808.12 15,468.00 - Retail and Consumer Products
1367 411 Grupo Televisa, SAB Azcarraga 1973 Public Mexico 43.00 4,802.44 39,900.00 7,305.6 Technology, Media and Entertainment
1368 412 Walsh Group, Ltd Walsh 1893 Private USA 100.00 4,800.00 8,000.00 - Real Estate, Hospitality & Construction
1369 413 Cremonini SpA. Cremonini 1963 Private Italy 100.00 4,790.74 9,664.00 - Retail and Consumer Products
1370 414 Grupo Financiero Inbursa, SAB de CV Slim Helu 1992 Public Mexico 56.70 4,790.72 11,441.00 9,559.0 Banking & Capital Markets
1371 415 Weybourne Group Ltd Dyson 1991 Private UK 51.00 4,779.35 9,243.00 - Diversified industries
1372 416 Grupo Carso, SAB. de CV Slim Helu 1980 Public Mexico 79.40 4,767.71 73,017.00 8,174.7 Diversified industries
1373 417 Antofagasta plc Luksic/Fontbona 1888 Public UK 70.60 4,749.40 6,200.00 9,840.9 Mining & Metals
1374 418 Grupo Aval Acciones Y Valores SA Angulo 1971 Public Colombia 96.90 4,741.16 80,565.00 6,508.5 Banking & Capital Markets
1375 419 Services Group of America, Inc. Stewart 1972 Private USA 100.00 4,725.67 3,600.00 - Retail and Consumer Products
1376 420 Forever 21, Inc. Chang 1984 Private USA 100.00 4,714.18 30,000.00 - Retail and Consumer Products
1377 421 Ashley Furniture Industries, Inc. Wanek 1945 Private USA 85.00 4,700.00 23,000.00 - Manufacturing & Industrial Products
1378 422 COSMOS Pharmaceutical Corp. Uno 1997 Public Japan 33.00 4,692.93 3,849.00 3,311.5 Retail and Consumer Products
1379 423 Mann+Hummel GmbH & Co. KG Mann/ Hummel 1941 Private Germany 83.00 4,677.66 20,000.00 - Manufacturing & Industrial Products
1380 424 Murugappa Group Ltd Murugappa 1900 Private India 50.00 4,671.88 35,000.00 - Banking & Capital Markets
1381 425 The Schwan Food Company, Inc. Schwan 1952 Private USA 100.00 4,653.66 17,000.00 - Retail and Consumer Products
1382 426 AMAG Automobil- und Motoren AG Haefner 1945 Private Switzerland 100.00 4,652.62 5,700.00 - Automotive & Assembly
1383 427 Sopra GMT Pasquier and Metz 1988 Public France 53.40 4,617.44 42,779.00 1,865.2 Wealth & Asset Management
1384 428 Hobby Lobby Stores, Inc. Green 1972 Private USA 100.00 4,600.00 32,000.00 - Retail and Consumer Products
1385 429 Consolidated Electrical Distributors, Inc. Colburn 1957 Private USA 100.00 4,600.00 6,200.00 - Retail and Consumer Products
1386 430 Kraft Group LLC Kraft 1965 Private USA 100.00 4,600.00 11,000.00 - Diversified industries
1387 431 Consolidated Contractors International Company SAL Khoury and Sabbagh 1952 Private UAE 100.00 4,600.00 130,000.00 - Manufacturing & Industrial Products
1388 432 AG Anadolu Grubu Holding AS Yazicil and Özilhan 1950 Public Turkey 100.00 4,591.10 50,000.00 471.0 Diversified industries
1389 433 Zhe Jiang Hai Liang Co., Ltd Hai Liang Feng 1989 Public China 49.90 4,582.39 6,330.00 2,231.3 Manufacturing & Industrial Products
1390 434 First Quality Enterprises, Inc. Kambie 1988 Private USA 100.00 4,581.95 5,173.00 - Diversified industries
1391 435 Stihl Holding AG & Co. KG Stihl 1926 Private Germany 100.00 4,557.72 15,875.00 - Manufacturing & Industrial Products
1392 436 Save Mart Supermarkets, Inc. Piccinini 1952 Private USA 96.00 4,500.00 18,500.00 - Retail and Consumer Products
1393 437 Diehl Stiftung & Co. KG Diehl 1902 Private Germany 90.00 4,496.55 17,173.00 - Diversified industries
1394 438 Dole Food Company, Inc. Murdock 1851 Private USA 100.00 4,492.06 30,500.00 - Retail and Consumer Products
1395 439 Krones AG Kronseder 1951 Public Germany 51.60 4,490.29 15,949.00 2,441.6 Manufacturing & Industrial Products
1396 440 SeAH Holdings Corp. Lee 1960 Public South Korea 65.70 4,488.06 60.00 349.5 Professional Firms & Services
1397 441 Groupe LDC SA Lambert, Chancereul, Huttepain 1968 Public France 67.70 4,480.00 21,860.00 2,103.5 Retail and Consumer Products
1398 442 Viohalco SA/NV Stassinopoulos 1937 Public Belgium 75.10 4,468.43 1,600.00 784.9 Mining & Metals
1399 443 Musgrave Group plc Musgrave 1876 Private Ireland 100.00 4,458.69 45,000.00 - Retail and Consumer Products
1400 444 CLAAS KGaA mbH Claas 1913 Private Germany 100.00 4,445.08 11,132.00 - Manufacturing & Industrial Products
1401 445 European Metal Recycling Ltd Sheppard 1940 Private UK 50.00 4,444.14 4,000.00 - Retail and Consumer Products
1402 446 J C Bamford Excavators Ltd Bamford 1945 Private UK 100.00 4,431.54 8,610.00 - Manufacturing & Industrial Products
1403 447 National General Holdings Corp. Karfunkel 1939 Public USA 41.70 4,431.07 7,570.00 2,714.7 Insurance
1404 448 Mueller Holding Ltd. & Co. KG Müller 1953 Private Germany 64.60 4,429.78 34,000.00 - Retail and Consumer Products
1405 449 Hero MotoCorp Ltd Munjal 1984 Public India 34.60 4,415.53 8,266.00 8,911.9 Automotive & Assembly
1406 450 Alpla Werke Alwin Lehner GmbH and Company KG Lehner 1955 Private Austria 100.00 4,389.80 20,800.00 - Other
1407 451 Schneider National, Inc. Schneider 1976 Public USA 100.00 4,383.60 19,600.00 3,304.6 Travel, Transport & Logistics
1408 452 Mediaset SpA Berlusconi 1978 Public Italy 42.80 4,359.99 5,458.00 3,564.6 Technology, Media and Entertainment
1409 453 Sports Direct International plc Ashley 1982 Public UK 61.00 4,357.04 26,500.00 1,574.4 Technology, Media and Entertainment
1410 454 Industrias Penoles SAB de CV Bailleres Gonzalez 1887 Public Mexico 35.40 4,350.96 13,289.00 4,853.3 Mining & Metals
1411 455 Coca-Cola Bottling Co. Consolidated Harrison 1906 Public USA 78.80 4,323.67 16,500.00 1,659.3 Retail and Consumer Products
1412 456 Boparan Holdco Ltd Boparan 1993 Private UK 100.00 4,315.35 22,987.00 - Retail and Consumer Products
1413 457 Pomona SA Dewavrin 1912 Private France 75.00 4,299.77 10,700.00 - Travel, Transport & Logistics
1414 458 Borusan Holding AS Kocabiyik 1944 Private Turkey 64.80 4,297.15 7,000.00 - Diversified industries
1415 459 Bechtle AG Schick 1983 Public Germany 35.00 4,286.89 9,651.00 3,262.8 Technology, Media and Entertainment
1416 460 Axel Springer SE Springer, Döpfner 1946 Public Germany 52.40 4,277.98 16,367.00 6,129.8 Technology, Media and Entertainment
1417 461 Eramet SA Duval 1880 Public France 37.10 4,265.13 13,000.00 1,830.1 Mining & Metals
1418 462 Eram SA Biotteau 1927 Private France 100.00 4,265.00 13,000.00 - Retail and Consumer Products
1419 463 Globalia Corporación Empresarial , SA Hidalgo 1971 Private Spain 70.60 4,210.03 11,647.00 - Travel, Transport & Logistics
1420 464 Norma Group Roth 1964 Public Germany 0.00 4,200.30 15,000.00 1,588.4 Retail and Consumer Products
1421 465 Structure Tone, Inc. Marino and Donaghy 1971 Private USA 100.00 4,200.00 1,900.00 - Diversified industries
1422 466 The Wonderful Company LLC Resnick 1979 Private USA 100.00 4,200.00 9,000.00 - Retail and Consumer Products
1423 467 Webasto SE Baier/ Mey 1901 Private Germany 100.00 4,193.33 12,785.00 - Technology, Media and Entertainment
1424 468 Amkor Technology, Inc. Kim 1968 Public USA 57.50 4,186.50 29,300.00 1,571.3 Technology, Media and Entertainment
1425 469 Skechers USA., Inc. Greenberg 1992 Public USA 48.70 4,180.83 11,800.00 3,617.6 Retail and Consumer Products
1426 470 A.I.A. Agricola Italiana Alimentare Spa Veronesi 1968 Private Italy 100.00 4,162.52 698.00 - Retail and Consumer Products
1427 471 Der Kreis Holding Schaible 1979 Private Germany 0.00 4,161.92 130.00 - Professional Firms & Services
1428 472 Barilla Holding SpA Barilla 1877 Private Italy 100.00 4,159.52 8,358.00 - Retail and Consumer Products
1429 473 The Hong Kong and China Gas Company Ltd Lee 1862 Public Hong Kong 41.50 4,156.49 49,177.00 31,828.5 Power & Utilities
1430 474 D'Ieteren SA D'Ieteren 1805 Public Belgium 60.70 4,148.78 31,222.00 2,040.4 Automotive & Assembly
1431 475 Sun Pharmaceutical Industries Ltd Shangvi 1983 Public India 55.00 4,133.35 32,000.00 14,840.3 Pharmaceuticals & Medical Products
1432 476 Asklepios Kliniken GmbH Grosse Broermann 1985 Private Germany 100.00 4,132.04 46,000.00 - Pharmaceuticals & Medical Products
1433 477 E1 Corp. Koo 1984 Public South Korea 44.10 4,126.54 226.00 289.8 Oil & Gas
1434 478 Jungheinrich AG Wolf and Lange 1953 Public Germany 0.00 4,125.03 17,293.00 2,658.0 Manufacturing & Industrial Products
1435 479 Haci Ömer Sabanci Holding AS Sabanci 1925 Public Turkey 57.70 4,123.79 63,518.00 2,897.8 Diversified industries
1436 480 Fertitta Group Fertitta 1996 Private USA 100.00 4,113.98 30,544.00 - Real Estate, Hospitality & Construction
1437 481 Kolon Corp. Lee 1957 Public South Korea 47.40 4,112.25 50.00 350.5 Manufacturing & Industrial Products
1438 482 Fresh Del Monte Produce, Inc. Abu-Ghazaleh 1886 Public USA 36.60 4,085.90 42,000.00 1,367.6 Retail and Consumer Products
1439 483 Asplundh Tree Expert Co. Inc. Asplundh 1928 Private USA 100.00 4,081.64 30,000.00 - Professional Firms & Services
1440 484 Wilh. Werhahn KG Werhahn and Goder 1841 Private Germany 70.80 4,062.55 9,931.00 - Manufacturing & Industrial Products
1441 485 Omya AG Plüss-Staufer 1884 Private Switzerland 100.00 4,045.76 8,000.00 - Manufacturing & Industrial Products
1442 486 Red Bull GmbH Mateschitz and Yoovidhya 1987 Private Austria 100.00 4,038.80 11,886.00 - Retail and Consumer Products
1443 487 Heartland A/S Povlsen 1975 Private Denmark 100.00 4,037.64 17,694.00 - Retail and Consumer Products
1444 488 Hub Group, Inc. Yeager 1971 Public USA 62.70 4,034.90 4,377.00 1,270.6 Travel, Transport & Logistics
1445 489 Ingles Markets, Inc. Ingle 1963 Public USA 72.10 4,033.73 25,000.00 551.5 Retail and Consumer Products
1446 490 Unibel SA Fievet 1921 Public France 80.00 4,017.86 12,700.00 1,764.0 Retail and Consumer Products
1447 491 PT Bank Central Asia Tbk Hartono 1957 Public Indonesia 47.20 4,009.05 26,962.00 44,445.2 Banking & Capital Markets
1448 492 M. A. Mortenson Co., Inc. Mortenson 1954 Private USA 100.00 4,000.00 2,700.00 - Real Estate, Hospitality & Construction
1449 493 Hallmark Cards, Inc. Hall 1910 Private USA 66.70 4,000.00 30,000.00 - Technology, Media and Entertainment
1450 494 HT Hackney Co. Sansom 1891 Private USA 96.00 4,000.00 3,500.00 - Retail and Consumer Products
1451 495 New Balance Inc. Davis 1906 Private USA 100.00 4,000.00 8,000.00 - Retail and Consumer Products
1452 496 Ben E. Keith Company Hallam 1906 Private USA 100.00 4,000.00 4,683.00 - Retail and Consumer Products
1453 497 Carlson Holdings, Inc. Carlson 1938 Private USA 100.00 3,939.72 191,838.00 - Travel, Transport & Logistics
1454 498 Vingroup Joint Stock Company Pham 1993 Public Vietnam 36.50 3,935.42 43,000.00 12,211.2 Diversified industries
1455 499 Kotak Mahindra Bank Ltd Desai, Kotak 1985 Public India 50.00 3,917.58 50,000.00 34,385.5 Banking & Capital Markets
1456 500 D&H Distributing Co., Inc. Schwab 1918 Private USA 100.00 3,900.00 1,211.00 - Technology, Media and Entertainment
1457 501 Ronesans Holding AS Ilicak 1993 Private Turkey 94.80 3,894.84 45,429.00 - Real Estate, Hospitality & Construction
1458 502 Stater Bros. Holdings Inc. Brown 1936 Private USA 50.00 3,877.03 16,100.00 - Retail and Consumer Products
1459 503 Stena AB Olsson and Eriksson 1897 Private Sweden 100.00 3,873.87 16,000.00 - Travel, Transport & Logistics
1460 504 Obrascon Huarte Lain SA Villar Mir 1911 Public Spain 50.00 3,862.09 12,367.00 213.6 Real Estate, Hospitality & Construction
1461 505 Hellmann Worldwide Logistics GmbH & Co. KG Hellmann 1871 Private Germany 100.00 3,838.08 19,500.00 - Travel, Transport & Logistics
1462 506 Bestway (Holdings) Ltd Prevez 1956 Private UK 70.00 3,828.31 32,344.00 - Diversified industries
1463 507 Shaw Communications Inc. Shaw 1966 Public Canada 79.30 3,813.60 14,000.00 9,205.9 Telecommunications
1464 508 Bajaj Auto Ltd Bajaj 1926 Public India 49.30 3,805.65 9,478.00 11,309.2 Automotive & Assembly
1465 509 Rich Products Corp. Rich 1945 Private USA 100.00 3,800.00 10,500.00 - Retail and Consumer Products
1466 510 YTL Corporation Berhad Yeoh Tiong Lay 1955 Public Malaysia 49.60 3,797.74 11,000.00 2,581.2 Power & Utilities
1467 511 Cheng Shin Rubber Ind. Co., Ltd Luo 1967 Public Taiwan 63.80 3,785.79 29,438.00 4,325.8 Manufacturing & Industrial Products
1468 512 Jet Airways (India) Ltd Goyal 1992 Public India 51.00 3,767.11 16,558.00 453.2 Travel, Transport & Logistics
1469 513 PT Djarum Hartono 1951 Private Indonesia 50.00 3,759.49 75,000.00 - Other
1470 514 D. Swarovski KG Swarovski 1895 Private Austria 100.00 3,742.20 32,000.00 - Travel, Transport & Logistics
1471 515 Canfor Corp. Pattison 1938 Public Canada 49.50 3,714.91 6,284.00 1,523.3 Manufacturing & Industrial Products
1472 516 Warner Music Group Inc. Blavatnik 1929 Private USA 99.90 3,704.00 4,660.00 - Technology, Media and Entertainment
1473 517 Orascom Construction Limited Sawiris 1950 Public Egypt 54.00 3,678.70 73,088.00 758.9 Real Estate, Hospitality & Construction
1474 518 Laing O'Rourke Corp. Ltd O'Rourke and Dempsey 1848 Private UK 100.00 3,674.96 15,273.00 - Real Estate, Hospitality & Construction
1475 519 Al Mada Moroccan royal family 1966 Private Morocco 60.00 3,673.19 101.00 - Diversified industries
1476 520 GCL-Poly Energy Holdings Ltd Zhu 1996 Public Hong Kong 32.50 3,656.92 17,705.00 1,111.8 Manufacturing & Industrial Products
1477 521 JCDecaux Holding Decaux 1964 Public France 67.70 3,650.10 11,772.00 5,973.0 Professional Firms & Services
1478 522 Adani Power Ltd Adani 1996 Public India 36.40 3,605.90 2,438.00 2,823.4 Power & Utilities
1479 523 FJ Management Inc. Crystal 1968 Private USA 51.00 3,602.99 15,800.00 - Oil & Gas
1480 524 Mary Kay Holding Corp. Rogers 1963 Private USA 52.00 3,600.00 5,000.00 - Retail and Consumer Products
1481 525 SEW-Eurodrive GmbH & Co KG Blickle 1931 Private Germany 94.90 3,598.20 17,000.00 - Manufacturing & Industrial Products
1482 526 Gruma, SAB de CV Gonzalez 1949 Public Mexico 55.70 3,595.45 20,628.00 4,803.3 Retail and Consumer Products
1483 527 Prada SpA Prada 1913 Public Italy 80.00 3,590.64 12,844.00 8,429.9 Retail and Consumer Products
1484 528 Astaldi SpA Astaldi 1929 Public Italy 52.50 3,581.49 10,491.00 58.0 Manufacturing & Industrial Products
1485 529 Econocom Group SA/NV Bouchard 1974 Public Belgium 37.40 3,577.93 11,068.00 787.0 Technology, Media and Entertainment
1486 530 Eurofins Scientific SE Martin 1987 Public Luxembourg 67.30 3,567.98 34,651.00 6,587.9 Pharmaceuticals & Medical Products
1487 531 Abdul Latif Jameel Co., Ltd Jameel 1945 Private Saudi Arabia 50.00 3,565.00 17,000.00 - Diversified industries
1488 532 Wieland-Werke AG Schwenk/ Schleicher 1820 Private Germany 54.70 3,564.22 6,965.00 - Mining & Metals
1489 533 Wilhelm Hoyer GmbH & Co. KG Hoyer 1924 Private Germany 100.00 3,555.62 1,483.00 - Oil & Gas
1490 534 TRUMPF GmbH + Co. KG Leibinger and Kammueller 1923 Private Germany 100.00 3,549.73 13,420.00 - Manufacturing & Industrial Products
1491 535 Milliken & Co., Inc. Milliken 1865 Private USA 50.00 3,516.00 9,140.00 - Chemicals
1492 536 Rosen's Diversified Inc. Rosen 1946 Private USA 100.00 3,512.72 8,000.00 - Retail and Consumer Products
1493 537 Gauselmann Group Gauselmann 1957 Private Germany 0.00 3,509.44 12,480.00 - Technology, Media and Entertainment
1494 538 Andrade Gutierrez SA Andrade and Gutierrez 1948 Private Brazil 50.00 3,500.00 90,000.00 - Diversified industries
1495 539 Vorwerk & Co. KG Mittelsten and Mittelsten-Scheid 1883 Private Germany 65.30 3,490.38 12,333.00 - Retail and Consumer Products
1496 540 Schroders plc Schroder and Mallinckrodt 1804 Public UK 35.80 3,471.78 4,619.00 8,307.2 Wealth & Asset Management
1497 541 Weis Markets, Inc Weis 1912 Public USA 39.30 3,466.81 23,000.00 1,285.2 Retail and Consumer Products
1498 542 SMS Siemag AG Weiss 1871 Private Germany 100.00 3,462.67 14,305.00 - Manufacturing & Industrial Products
1499 543 Hoogwegt Groep BV Hoogwegt 1965 Private Netherlands 100.00 3,460.50 415.00 - Retail and Consumer Products
1500 544 Calik Holding AS Calik 1997 Private Turkey 100.00 3,443.80 18,632.00 - Diversified industries
1501 545 Festo AG & Co. KG Stoll 1925 Private Germany 0.00 3,440.65 20,100.00 - Manufacturing & Industrial Products
1502 546 Hancock Prospecting Pty Ltd Rinehart 1952 Private Australia 100.00 3,414.93 2,283.00 - Mining & Metals
1503 547 Firmenich International SA Firmenich 1895 Private Switzerland 100.00 3,378.21 7,000.00 - Retail and Consumer Products
1504 548 Elbit Systems Ltd Federmann 1966 Public Israel 45.80 3,377.83 12,781.00 4,905.4 Manufacturing & Industrial Products
1505 549 Buzzi Unicem SpA Buzzi 1907 Public Italy 58.60 3,372.75 10,025.00 3,289.3 Manufacturing & Industrial Products
1506 550 Finarvedi SpA Arvedi 1963 Private Italy 76.00 3,357.14 3,455.00 - Mining & Metals
1507 551 Etex SA Emsens 1905 Public Belgium 100.00 3,354.63 14,510.00 1,163.4 Manufacturing & Industrial Products
1508 552 Yuzhou Properties Company Ltd Kwok Ying Lan and Lam Lung On 1994 Public China 62.40 3,335.13 4,190.00 1,979.9 Real Estate, Hospitality & Construction
1509 553 Grimaldi Group SpA Grimaldi 1947 Private Italy 95.20 3,334.77 15,000.00 - Travel, Transport & Logistics
1510 554 FTI Touristik GmbH Gunz 1983 Private Germany 0.00 3,329.51 7,338.00 - Travel, Transport & Logistics
1511 555 Burgo Group SpA Marchi 1905 Private Italy 50.60 3,323.77 5,450.00 - Manufacturing & Industrial Products
1512 556 Huafon Group Co., Ltd You 1991 Private China 92.70 3,319.53 6,000.00 - Chemicals
1513 557 Arcos Dorados Holdings, Inc Staton 1967 Public Uruguay 76.80 3,319.53 90,000.00 1,640.6 Real Estate, Hospitality & Construction
1514 558 Interpark Holdings Corp. Lee 1996 Public South Korea 35.90 3,315.19 1,513.00 123.5 Retail and Consumer Products
1515 559 IAC/InterActive Corp. Diller 1995 Public USA 47.80 3,307.24 7,000.00 15,286.4 Technology, Media and Entertainment
1516 560 AUNDE Group (Achter & Ebels) Bolten and Königs 1899 Private Germany 0.00 3,238.38 23,000.00 - Automotive & Assembly
1517 561 Suzhou Gold Mantis Construction Decoration Co., Ltd. Zhu 1993 Public China 51.30 3,226.89 17,363.00 3,113.1 Real Estate, Hospitality & Construction
1518 562 Hunter Douglas NV Sonnenberg 1919 Public Netherlands 81.20 3,226.00 24,000.00 2,318.3 Retail and Consumer Products
1519 563 Michels Corp. Michels 1959 Private USA 50.00 3,225.78 5,000.00 - Manufacturing & Industrial Products
1520 564 Danieli & C. Officine Meccaniche SpA Danieli 1914 Public Italy 67.20 3,223.62 9,191.00 1,201.3 Manufacturing & Industrial Products
1521 565 Hubert Burda Media Holding KG Burda 1903 Private Germany 100.00 3,204.80 11,918.00 - Technology, Media and Entertainment
1522 566 J. D. Heiskell & Co., Inc. Hillman 1886 Private USA 100.00 3,200.00 475.00 - Retail and Consumer Products
1523 567 SAS Institute Inc. Goodnight and Sall 1966 Private USA 100.00 3,200.00 14,328.00 - Technology, Media and Entertainment
1524 568 Otto Fuchs KG Fuchs 1910 Private Germany 76.00 3,191.79 10,000.00 - Mining & Metals
1525 569 Grupo Lala SAB de CV Haro 1950 Public Mexico 32.00 3,185.87 37,959.00 2,657.3 Retail and Consumer Products
1526 570 A.P. Eagers Ltd Politis 1913 Public Australia 36.00 3,172.21 4,350.00 809.0 Automotive & Assembly
1527 571 Reinalt-Thomas Corp Halle 1960 Private USA 100.00 3,167.13 20,222.00 - Automotive & Assembly
1528 572 Peter Cremer Holding GmbH & Co. KG Cremer 1946 Private Germany 100.00 3,160.44 2,068.00 - Retail and Consumer Products
1529 573 Albert Bonnier AB Bonnier 1804 Private Sweden 100.00 3,148.57 8,411.00 - Technology, Media and Entertainment
1530 574 Reliance Capital Ltd Ambani 1986 Public India 58.90 3,140.42 13,008.00 833.5 Wealth & Asset Management
1531 575 Brown-Forman Corp. Brown 1870 Public USA 50.80 3,140.00 4,685.00 22,666.7 Retail and Consumer Products
1532 576 Henderson Land Development Co. Ltd Lee 1976 Public Hong Kong 72.80 3,129.60 9,052.00 21,918.3 Real Estate, Hospitality & Construction
1533 577 China Lesso Group Holdings Ltd Wong 1996 Public China 68.50 3,129.08 10,800.00 1,552.9 Manufacturing & Industrial Products
1534 578 Sulzer AG Vekselberg 1834 Public Switzerland 48.80 3,128.59 15,031.00 2,700.7 Manufacturing & Industrial Products
1535 579 Sixt SE Sixt 1912 Public Germany 61.60 3,127.29 6,685.00 3,302.6 Travel, Transport & Logistics
1536 580 Mota-Engil, SGPS, SA Mota 1946 Public Portugal 99.00 3,118.75 29,860.00 431.1 Diversified industries
1537 581 Finiper SpA Brunelli 1974 Private Italy 0.00 3,105.38 9,858.00 - Retail and Consumer Products
1538 582 Grundfos Holding A/S Jensen 1945 Private Denmark 88.10 3,101.85 19,280.00 - Manufacturing & Industrial Products
1539 583 Wilbur-Ellis Holdings, Inc. Wilbur 1921 Private USA 51.00 3,100.00 4,250.00 - Manufacturing & Industrial Products
1540 584 Great Lakes Cheese Company, Inc. Epprecht 1958 Private USA 100.00 3,100.00 2,600.00 - Retail and Consumer Products
1541 585 Life Care Centers of America, Inc. Preston 1970 Private USA 100.00 3,100.00 40,000.00 - Pharmaceuticals & Medical Products
1542 586 Johnson Electric Holdings Ltd Koo 1959 Public Hong Kong 56.30 3,089.17 40,000.00 1,764.5 Manufacturing & Industrial Products
1543 587 Drägerwerk AG & Co. KGaA Draeger 1889 Public Germany 71.30 3,088.68 14,233.00 882.7 Technology, Media and Entertainment
1544 588 Delaware North Companies, Inc. Jacobs 1915 Private USA 50.00 3,087.00 30,135.00 - Retail and Consumer Products
1545 589 Scientific Games Corp. Perelman 1973 Public USA 38.20 3,083.60 8,600.00 1,639.8 Technology, Media and Entertainment
1546 590 Leopold Kostal-Group Kostal 1912 Private Germany 0.00 3,075.26 18,000.00 - Automotive & Assembly
1547 591 Schnuck Markets, Inc Schnuck 1939 Private USA 100.00 3,057.92 15,600.00 - Retail and Consumer Products
1548 592 Dart Group plc Meeson 1971 Public UK 37.90 3,055.62 8,411.00 1,463.5 Travel, Transport & Logistics
1549 593 Steelcase Inc. Welch 1912 Public USA 41.70 3,051.90 11,700.00 1,731.8 Manufacturing & Industrial Products
1550 594 Hengan International Group Co., Ltd Sze 1985 Public China 37.30 3,046.86 22,000.00 8,674.6 Retail and Consumer Products
1551 595 API Group Inc. Anderson 1926 Private USA 70.00 3,046.15 4,289.00 - Real Estate, Hospitality & Construction
1552 596 PIK Group PJSC Gordeev 1994 Public Russia 74.60 3,044.83 14,263.00 3,579.2 Real Estate, Hospitality & Construction
1553 597 Bauer Media Group Bauer 1875 Private Germany 100.00 3,014.57 10,168.00 - Technology, Media and Entertainment
1554 598 InTerTech Group Inc. Zucker 1982 Private USA 100.00 3,000.00 15,832.00 - Diversified industries
1555 599 Laboratoires de Biologie Végétale Yves Rocher SA Rocher 1959 Private France 97.00 2,998.50 18,000.00 - Retail and Consumer Products
1556 600 Compagnie Financiere et de Participations Roullier SA Roullier 1959 Private France 100.00 2,998.50 8,000.00 - Manufacturing & Industrial Products
1557 601 August Storck KG Oberwelland 1903 Private Germany 0.00 2,998.50 6,000.00 - Retail and Consumer Products
1558 602 Daelim Corporation Ltd Lee 1994 Private South Korea 52.30 2,997.67 714.00 - Manufacturing & Industrial Products
1559 603 MSC Industrial Supply, Inc. Jacobson 1941 Public USA 38.80 2,970.03 6,500.00 4,256.8 Manufacturing & Industrial Products
1560 604 Fuchs Petrolub SE Fuchs 1931 Public Germany 54.00 2,969.50 5,386.00 5,638.6 Manufacturing & Industrial Products
1561 605 Aboitiz Equity Ventures, Inc. Aboitiz 1905 Public Philippines 48.60 2,961.41 10,961.00 5,906.6 Diversified industries
1562 606 Ruchi Soya Industries Ltd Shahra 1986 Public India 49.10 2,959.01 6,000.00 42.4 Retail and Consumer Products
1563 607 Grupo Elektra SAB de CV Salinas 1950 Public Mexico 72.00 2,944.90 78,416.00 11,052.7 Diversified industries
1564 608 Want Want China Holdings Ltd Tsai 1962 Public China 54.20 2,939.18 47,280.00 8,711.4 Retail and Consumer Products
1565 609 Wanxiang Group Corp. Lu 1969 Private China 100.00 2,924.00 40,000.00 - Automotive & Assembly
1566 610 Groupe Crit SA Guedj 1962 Public France 70.20 2,903.73 7,623.00 673.5 Professional Firms & Services
1567 611 Kuwait Food Company (Americana Group) Al-Khair 1964 Private UAE 66.80 2,902.25 63,000.00 - Retail and Consumer Products
1568 612 Young’s Market Company Underwood 1888 Private USA 100.00 2,900.00 3,000.00 - Retail and Consumer Products
1569 613 L E Lundbergforetagen Publ AB Lundberg 1944 Public Sweden 71.00 2,896.30 3,259.00 7,289.1 Wealth & Asset Management
1570 614 Hyster-Yale Materials Handling, Inc. Taplin, Butler, Rankin 1844 Public USA 64.00 2,885.20 6,800.00 1,026.1 Manufacturing & Industrial Products
1571 615 Beijing Dabeinong Technology Group Co., Ltd Shao 1993 Public China 41.30 2,880.38 19,030.00 1,974.1 Technology, Media and Entertainment
1572 616 Zech Group GmbH Zech 1909 Private Germany 0.00 2,878.56 9,500.00 - Real Estate, Hospitality & Construction
1573 617 Stena Metall AB Olsson 1939 Private Sweden 50.00 2,871.51 3,756.00 - Diversified industries
1574 618 Westcoast (Holdings) Ltd Hemani 1984 Private UK 100.00 2,863.57 1,301.00 - Technology, Media and Entertainment
1575 619 Suffolk Construction Company, Inc. Fish 1982 Private USA 100.00 2,854.67 1,631.00 - Real Estate, Hospitality & Construction
1576 620 Irvine Co., LLC Bren 1864 Private USA 92.00 2,854.67 5,096.00 - Real Estate, Hospitality & Construction
1577 621 Viessmann Werke GmbH & Co. KG Viessmann 1917 Private Germany 0.00 2,842.58 12,100.00 - Manufacturing & Industrial Products
1578 622 Cyfrowy Polsat SA Zak 1999 Public Poland 57.30 2,824.96 5,759.00 3,847.7 Telecommunications
1579 623 Continental Resources, Inc. Hamm 1967 Public USA 75.70 2,820.90 1,127.00 14,949.6 Oil & Gas
1580 624 Ratos AB Söderberg 1866 Public Sweden 73.50 2,817.02 12,300.00 847.3 Wealth & Asset Management
1581 625 UNION TANK Eckstein GmbH & Co. KG Eckstein and van Dedem 1963 Private Germany 51.00 2,810.57 306.00 - Travel, Transport & Logistics
1582 626 Mayr-Melnhof Karton AG Mayr Melnhof 1950 Public Austria 59.00 2,805.96 9,856.00 2,518.9 Manufacturing & Industrial Products
1583 627 Enka Insaat ve Sanayi AS Tara 1957 Public Turkey 63.70 2,791.77 20,392.00 4,324.8 Manufacturing & Industrial Products
1584 628 Crane Co. Crane 1855 Public USA 0.00 2,786.00 10,600.00 4,291.0 Manufacturing & Industrial Products
1585 629 Aceitera General Deheza SA Urquia 1948 Private Argentina 0.00 2,783.28 2,367.00 - Retail and Consumer Products
1586 630 Arko Holding Ltd Kotler, Willner, Gross 1970 Public Israel 87.50 2,770.64 7,600.00 357.6 Diversified industries
1587 631 Dogan Sirketter Grubu Holding AS Dogan 1980 Public Turkey 0.00 2,768.24 8,247.00 504.1 Diversified industries
1588 632 Open House Co., Ltd Arai 1996 Public Japan 41.80 2,760.93 2,263.00 1,911.0 Real Estate, Hospitality & Construction
1589 633 DSW, Inc. Schottenstein 1969 Public USA 52.40 2,760.66 12,000.00 1,984.6 Retail and Consumer Products
1590 634 Bose Corp. Bose 1964 Private USA 50.00 2,760.36 8,000.00 - Technology, Media and Entertainment
1591 635 Raley's Family of Fine Stores, Inc. Teel 1935 Private USA 100.00 2,748.92 14,000.00 - Retail and Consumer Products
1592 636 Long Yuan Construction Group Co., Ltd Lai 1980 Public China 39.80 2,746.92 4,704.00 1,505.8 Real Estate, Hospitality & Construction
1593 637 Gecos Generale Di Commercio E Servizi Spa (aka Gruppo PAM) Bastianello and Dina 1958 Private Italy 84.00 2,741.99 18,726.00 - Other
1594 638 Sinclair Broadcast Group, Inc. Smith 1971 Public USA 75.50 2,734.12 8,900.00 2,562.1 Telecommunications
1595 639 Estes Express Lines, Inc. Estes 1931 Private USA 100.00 2,731.53 20,606.00 - Travel, Transport & Logistics
1596 640 Taekwang Industrial Co. Ltd. Park 1950 Public South Korea 94.90 2,729.51 1,784.00 997.9 Chemicals
1597 641 Seoyeon Co., Ltd Seok 1972 Public South Korea 44.40 2,727.09 1,000.00 70.9 Automotive & Assembly
1598 642 Endress+Hauser AG Endress 1953 Private Switzerland 50.00 2,721.71 13,299.00 - Other
1599 643 Ripley Corp SA Volochinsky 1956 Public Chile 32.00 2,721.06 25,355.00 1,610.5 Retail and Consumer Products
1600 644 Bucher Industries AG Hauser 1807 Public Switzerland 35.20 2,716.51 12,640.00 2,747.4 Manufacturing & Industrial Products
1601 645 Rigby Group Ltd Rigby 1975 Private UK 100.00 2,713.64 7,500.00 - Diversified industries
1602 646 Friedhelm LohStiftung & Co. KG Loh 1961 Private Germany 0.00 2,712.56 10,100.00 - Manufacturing & Industrial Products
1603 647 Samuel, Son & Co., Ltd Samuel 1855 Private Canada 100.00 2,700.00 5,000.00 - Mining & Metals
1604 648 Altana AG Klatten 1873 Private Germany 100.00 2,695.05 6,186.00 - Wealth & Asset Management
1605 649 Intersnack Group GmbH & Co. KG Pfeifer and Langen 1962 Private Germany 0.00 2,694.33 12,203.00 - Retail and Consumer Products
1606 650 LiLLo SpA Podini 1994 Private Italy 100.00 2,688.65 6,330.00 - Retail and Consumer Products
1607 651 Peek & Cloppenburg Cloppenburg 1901 Private Germany 0.00 2,668.67 17,000.00 - Retail and Consumer Products
1608 652 Giorgio Armani SpA Armani 1975 Private Italy 100.00 2,667.05 9,068.00 - Retail and Consumer Products
1609 653 Calzedonia Holding SpA Veronesi 1986 Private Italy 85.00 2,657.31 34,137.00 - Retail and Consumer Products
1610 654 KSB SE & Co. KGaA Kühborth 1871 Public Germany 0.00 2,654.35 15,572.00 549.5 Manufacturing & Industrial Products
1611 655 Zhongtian Financial Group Company Limited Ping Luo 1980 Public China 48.80 2,653.68 3,900.00 - Real Estate, Hospitality & Construction
1612 656 Truly International Holdings Ltd Wah 1991 Public Hong Kong 87.70 2,653.55 21,100.00 399.0 Manufacturing & Industrial Products
1613 657 Ortwin Goldbeck Holding Se Goldbeck 1969 Private Germany 100.00 2,653.01 6,040.00 - Manufacturing & Industrial Products
1614 658 Kosé Corp. Kobayashi 1948 Public Japan 44.00 2,645.68 13,502.00 8,973.9 Retail and Consumer Products
1615 659 Dussmann Stiftung & Co. KGaA Dussmann 1963 Private Germany 0.00 2,638.68 64,500.00 - Professional Firms & Services
1616 660 E. & J. Gallo Winery Gallo 1933 Private USA 100.00 2,637.48 6,300.00 - Retail and Consumer Products
1617 661 Crown Resorts Ltd. Packer 1933 Public Australia 0.00 2,630.95 18,000.00 5,660.5 Technology, Media and Entertainment
1618 662 Buhler Holding AG Bühler 1860 Private Switzerland 90.00 2,629.49 11,123.00 - Manufacturing & Industrial Products
1619 663 PT Indofood CBP Sukses Makmur Tbk Makmur 1990 Public Indonesia 80.50 2,626.63 30,718.00 8,449.5 Retail and Consumer Products
1620 664 Elco Ltd Salkind 1949 Public Israel 64.90 2,625.49 8,761.00 499.2 Diversified industries
1621 665 Pasona Group Inc. Nambu 1976 Public Japan 35.40 2,621.75 7,716.00 401.3 Professional Firms & Services
1622 666 Grenke AG Grenke 1978 Public Germany 42.70 2,620.47 1,429.00 3,938.0 Banking & Capital Markets
1623 667 JYSK Holding A/S Brunsborg 1979 Private Denmark 65.00 2,613.06 23,000.00 - Retail and Consumer Products
1624 668 Vishay Intertechnology, Inc. Shoshani and Zandman 1962 Public USA 43.00 2,603.52 23,000.00 2,597.3 Manufacturing & Industrial Products
1625 669 Lhoist SA Lhoist Berghmans 1889 Private Belgium 100.00 2,599.76 6,466.00 - Mining & Metals
1626 670 Graham Holding Co. Graham 1947 Public USA 94.80 2,591.85 16,153.00 3,396.2 Diversified industries
1627 671 Roquette Frères SA Roquette 1933 Private France 100.00 2,589.50 8,400.00 - Retail and Consumer Products
1628 672 Aton GmbH Helmig 1969 Private Germany 100.00 2,582.12 19,029.00 - Wealth & Asset Management
1629 673 Joh. Vaillant GmbH & Co. KG Vaillant 1874 Private Germany 0.00 2,580.48 13,100.00 - Manufacturing & Industrial Products
1630 674 Haribo GmbH & Co. KG Riegel 1920 Private Germany 0.00 2,578.71 7,000.00 - Retail and Consumer Products
1631 675 Dorel Industries, Inc. Schwartz 1962 Public Canada 44.40 2,577.67 10,000.00 413.5 Manufacturing & Industrial Products
1632 676 EW-Group GmbH Wesjohann 1932 Private Germany 100.00 2,576.70 10,373.00 - Other
1633 677 CRONIMET Holding GmbH Pillarsky 1980 Private Germany 100.00 2,573.30 1,578.00 - Mining & Metals
1634 678 Neumann Gruppe GmbH Neumann 1934 Private Germany 0.00 2,570.71 2,500.00 - Retail and Consumer Products
1635 679 Schäfer Group Schäfer 1937 Private Germany 0.00 2,565.52 9,200.00 - Manufacturing & Industrial Products
1636 680 Kirchhoff Group Kichhoff 1785 Private Germany 0.00 2,565.52 12,300.00 - Automotive & Assembly
1637 681 Giesecke & Devrient GmbH von Mitschke-Collande 1852 Private Germany 100.00 2,565.32 11,600.00 - Other
1638 682 Tekfen Holding AS Berker, Gokyigit, Akcaglilar 1956 Public Turkey 38.70 2,563.74 20,806.00 1,447.9 Diversified industries
1639 683 Poongsan Holdings Corporation Ryu 1968 Public South Korea 36.70 2,541.41 3,489.00 214.3 Mining & Metals
1640 684 Coloplast A/S Louis-Hansen 1957 Public Denmark 60.00 2,536.52 11,569.00 19,706.3 Pharmaceuticals & Medical Products
1641 685 ZEOR FINANZIARIA SPA (aka Chimet SpA) Squarcialupi 1974 Private Italy 100.00 2,505.96 412.00 - Mining & Metals
1642 686 Oxbow Corp. Koch 1983 Private USA 80.00 2,500.00 1,300.00 - Oil & Gas
1643 687 Aurobindo Pharma Ltd Reddy 1986 Public India 38.00 2,497.16 19,000.00 6,170.1 Pharmaceuticals & Medical Products
1644 688 Lupin Ltd Gupta 1968 Public India 47.00 2,494.84 20,000.00 5,496.5 Pharmaceuticals & Medical Products
1645 689 Southwire Company, LLC Richards 1937 Private USA 100.00 2,492.40 7,030.00 - Mining & Metals
1646 690 AVAG Holding SE Still 1915 Private Germany 0.00 2,481.80 4,800.00 - Retail and Consumer Products
1647 691 Khimji Ramdas LLC Khimji 1870 Private Oman 100.00 2,474.79 4,000.00 - Diversified industries
1648 692 Georgsmarienhütte Holding GmbH Grossmann 1856 Private Germany 75.40 2,470.14 10,318.00 - Mining & Metals
1649 693 Columbia Sportswear Co. Boyle 1938 Public USA 49.50 2,466.11 6,188.00 5,802.7 Retail and Consumer Products
1650 694 Bakkavör Group plc Gudmundsson 1986 Public UK 50.20 2,452.93 19,000.00 1,041.3 Retail and Consumer Products
1651 695 PT Barito Pacific Tbk Pangestu 1979 Public Indonesia 77.30 2,452.85 3,118.00 2,931.6 Oil & Gas
1652 696 Redrow plc Morgan 1974 Public UK 40.40 2,447.79 2,300.00 2,261.1 Real Estate, Hospitality & Construction
1653 697 ebm-papst Mulfingen GmbH & Co. KG Sturm, Philippiak and Ziehl 1963 Private Germany 0.00 2,446.78 15,000.00 - Manufacturing & Industrial Products
1654 698 T. J. Morris Ltd Morris 1976 Private UK 100.00 2,427.59 20,313.00 - Retail and Consumer Products
1655 699 Société BIC S.A Bich 1945 Public France 60.30 2,425.85 7,938.00 4,627.4 Manufacturing & Industrial Products
1656 700 Knight-Swift Transportation Holdings Inc. Moyes 1966 Public USA 54.20 2,425.45 28,000.00 4,346.3 Travel, Transport & Logistics
1657 701 Alfred Kärcher GmbH & Co. KG Kärcher 1935 Private Germany 50.00 2,424.09 10,810.00 - Manufacturing & Industrial Products
1658 702 El Sewedy Electric Co SAE Sewedy 1938 Public Egypt 66.20 2,412.85 10,000.00 2,191.7 Manufacturing & Industrial Products
1659 703 PJSC LSR Group Molchanov 1993 Public Russia 57.60 2,407.82 17,500.00 851.6 Real Estate, Hospitality & Construction
1660 704 Grupo Salvador Caetano (SGPS), SA Caetano 1946 Private Portugal 94.50 2,398.80 6,600.00 - Automotive & Assembly
1661 705 Krieger-Group (Möbel Höffner) Krieger 1874 Private Germany 0.00 2,398.80 9,500.00 - Retail and Consumer Products
1662 706 REHAU AG + Co Wagner 1948 Private Switzerland 100.00 2,398.49 20,000.00 - Automotive & Assembly
1663 707 AVECO Holding AG Wisser 1994 Private Germany 100.00 2,381.88 49,703.00 - Real Estate, Hospitality & Construction
1664 708 PT Sinar Mas Multiartha Tbk Widjaja 1982 Public Indonesia 51.00 2,376.65 10,784.00 3,818.9 Banking & Capital Markets
1665 709 Krüger GmbH & Co. KG Krüger, Pfeifer and Langen 1971 Private Germany 0.00 2,374.81 4,800.00 - Retail and Consumer Products
1666 710 Fressnapf Group Toeller 1990 Private Germany 0.00 2,372.41 12,000.00 - Retail and Consumer Products
1667 711 Suzhou Dongshan Precision Manufacturing Co.,Ltd Yuan 1998 Public China 38.70 2,365.19 11,907.00 2,637.2 Manufacturing & Industrial Products
1668 712 Xignux, S.A. de CV Garza Herrera 1956 Private Mexico 66.80 2,350.55 20,838.00 - Diversified industries
1669 713 Ezz Steel Co SAE Ezz 1994 Public Egypt 65.00 2,347.11 6,200.00 542.8 Mining & Metals
1670 714 Linfox Australia Pty. Ltd Fox 1956 Private Australia 100.00 2,343.00 24,000.00 - Travel, Transport & Logistics
1671 715 Beijing Orient Landscape & Environment Co.,Ltd He 1992 Public China 41.50 2,340.07 6,129.00 2,717.6 Other
1672 716 Jiangsu Jiangrun Copper Co., Ltd Luo 1989 Private China 98.00 2,317.22 210.00 - Mining & Metals
1673 717 Cosan SA Indústria e Comércio Mello 1936 Public Brazil 38.30 2,315.60 29,142.00 3,392.6 Oil & Gas
1674 718 Cipla Ltd Hamied 1935 Public India 38.50 2,312.85 23,610.00 6,013.6 Pharmaceuticals & Medical Products
1675 719 Hansae Yes24 Holdings Co., Ltd Kim 1982 Public South Korea 64.60 2,304.96 15.00 284.5 Retail and Consumer Products
1676 720 Gruppo Unicomm SpA Cestaro 1948 Private Italy 92.60 2,294.19 6,336.00 - Retail and Consumer Products
1677 721 Genting Malaysia Berhad Thay 1980 Public Malaysia 49.50 2,294.04 20,000.00 4,128.7 Real Estate, Hospitality & Construction
1678 722 Create SD Holdings Co., Ltd Yamamoto 1998 Public Japan 53.40 2,288.51 3,252.00 1,519.5 Pharmaceuticals & Medical Products
1679 723 Nagel Group Nagel 1935 Private Germany 0.00 2,278.86 12,000.00 - Travel, Transport & Logistics
1680 724 Hager SE Hager 1955 Private Germany 0.00 2,278.86 11,400.00 - Manufacturing & Industrial Products
1681 725 J. Bünting Beteiligungs AG Klopp 1806 Private Germany 0.00 2,278.86 14,500.00 - Retail and Consumer Products
1682 726 Nortia Business Corporation, SL Hernandez 1988 Private Spain 96.40 2,278.39 16,019.00 - Retail and Consumer Products
1683 727 Colliers International Group Inc. Hennick 1976 Public Canada 45.10 2,275.36 12,015.00 2,162.9 Real Estate, Hospitality & Construction
1684 728 Meliá Hotels International, SA Escarrer 1956 Public Spain 52.00 2,263.65 25,146.00 2,143.3 Real Estate, Hospitality & Construction
1685 729 Alex Lee, Inc. George 1931 Private USA 100.00 2,261.67 10,000.00 - Retail and Consumer Products
1686 730 OCI NV Sawiris 1950 Public Netherlands 46.90 2,251.50 2,847.00 4,296.7 Chemicals
1687 731 Meredith Corporation Meredith 1902 Public USA 50.70 2,247.40 7,915.00 2,380.2 Technology, Media and Entertainment
1688 732 Ellaktor SA Kallitsantsis 1955 Public Greece 33.70 2,240.33 5,850.00 245.6 Diversified industries
1689 733 Trigano S.A. Feuillet 1935 Public France 73.60 2,239.66 8,813.00 1,782.6 Automotive & Assembly
1690 734 Dangote Cement Plc Dangote 1981 Public Nigeria 85.20 2,237.73 24,040.00 8,864.9 Real Estate, Hospitality & Construction
1691 735 Bernard Krone Holding Krone 1906 Private Germany 0.00 2,233.89 4,445.00 - Manufacturing & Industrial Products
1692 736 ALBA Group plc & Co. KG Schweitzer 1968 Private Germany 0.00 2,218.89 7,800.00 - Professional Firms & Services
1693 737 ABC-Mart, Inc. Miki 1985 Public Japan 37.40 2,216.28 5,002.00 4,573.6 Retail and Consumer Products
1694 738 Röchling SE & Co. KG Röchling 1822 Private Germany 50.00 2,210.52 8,796.00 - Diversified industries
1695 739 Bangkok Dusit Medical Services plc Prasarttong-Osoth 1969 Public Thailand 44.30 2,207.20 11,628.00 12,021.3 Pharmaceuticals & Medical Products
1696 740 DOJI Gold & Gems Group JSC Do 1994 Private Vietnam 100.00 2,199.71 3,951.00 - Retail and Consumer Products
1697 741 Telecom Argentina SA Martinez 1990 Public Argentina 39.70 2,187.15 25,775.00 6,807.1 Telecommunications
1698 742 Rohde & Schwarz GmbH & Co KG Rohde and Schwarz 1933 Private Germany 50.00 2,179.26 11,500.00 - Diversified industries
1699 743 ALSEA S.A.B. DE C.V Martinez 1997 Public Mexico 34.40 2,166.48 69,376.00 2,175.3 Retail and Consumer Products
1700 744 Schmitz Cargobull AG Schmitz and Hoffmann 1892 Private Germany 0.00 2,166.42 6,400.00 - Automotive & Assembly
1701 745 BIO RAD LABORATORIES INC Schwartz and Steven 1952 Public USA 61.60 2,160.15 8,150.00 6,946.5 Pharmaceuticals & Medical Products
1702 746 International Data Group, Inc. McGovern 1964 Private USA 80.00 2,159.86 13,450.00 - Technology, Media and Entertainment
1703 747 Wihuri International Oy Aarnio-Wihuri 1901 Private Finland 50.00 2,159.07 5,218.00 - Diversified industries
1704 748 SUNWODA ELECTRONICS CO., LTD. Wang 1997 Public China 36.70 2,158.53 20,580.00 1,933.2 Technology, Media and Entertainment
1705 749 NEUCA S.A. Herba 1990 Public Poland 44.90 2,151.42 3,986.00 283.5 Pharmaceuticals & Medical Products
1706 750 Harvey Norman Holdings Ltd Harvey 1982 Public Australia 35.40 2,137.90 5,420.00 2,627.5 Retail and Consumer Products
Rank Company name Family owner(s) Founded Listing status Country Family shareholding 2017 revenues in USDm 2017 number of employees Market Capitalization in US$m (as of Dec 31, 2018) Sector

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One response to “The Family Capital 750: Investors shun listed family businesses”

  1. Professionalized family businesses (and well managed families professionally committed to their businesses) often represent a better investment than other family owned entities. It’s crucial to understand the difference and support their maturity journey!

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