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dmoyyesterday at 9:18 PM3 repliesview on HN

Aren't basically all the huge serious index funds float weighted?


Replies

nighthawk454yesterday at 10:29 PM

They are, but SpaceX is trying to get rules changed. They want the index to buy at a multiple of the float, so they release say 5% but get bought as if they had released 15% float. They also normally wouldn't be eligible for index inclusion for ~1 year, after showing multiple quarters of good stewardship, etc. They're trying to bypass all that

t0mas88today at 6:03 AM

Yes, the MSCI World and FTSE World that many broad ETFs and funds track are float weighted.

lokaryesterday at 9:22 PM

Matt Levine wrote (uh, yesterday?) that the Nasdaq 100 was adding it (not a full linear weighting....) right now to accommodate this scam.

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