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Government Stakes (Composite) vs. the S&P 500

Equal-weight price index of listed companies with a U.S. government equity stake, each from its announcement date, and the S&P 500 (SPY), July 10, 2025 = 100

Government Stakes (composite): 195 on Oct 22, 2026+2 since Oct 1, 2025

Plays the chart through its history. Pauses are where the data set a record or moved most.

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Palanor calculation from licensed closes. Members are the U.S.-listed companies where the stake is in the listed company itself; each enters at the close of its announcement date, so the announcement-day move is left out. Price only, no dividends. Not the value of the government’s holdings.

How the shares of listed companies in which the U.S. government took an equity stake have done since the stakes were announced, next to the S&P 500. The basket is small and leans on semiconductors, quantum computing and critical minerals, so it swings far more than the market.

What this chart reads

Sources

Government Stakes (composite). Source: Palanor calculation from end-of-day closing prices from a licensed market data provider. Stakes: federal releases (Commerce, NIST CHIPS, Department of War, Energy, White House), company releases and SEC filings, linked in the government_equity_stakes table. Recomputed daily after the market close.

SPDR S&P 500 ETF (SPY). Source: End-of-day closing prices from a licensed market data provider; primary listing: NYSE Arca. Shown in Palanor; not redistributed through the API or MCP.

Charts are drawn from Palanor's signal library and recomputed from source data on every view. Transformations (changes, indexing, year-on-year rates) are Palanor's.

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