The S&P 493 is gaining attention as investors look beyond the Magnificent Seven and reassess where growth and diversification may come from in today’s equity markets. With market concentration at historic highs, a handful of mega cap companies have driven much of the S&P 500’s returns, raising questions about what lies beneath the surface. 👀Check out the full episode on YouTube: youtu.be/ZGpfRTNvNp0 🎧Or on Spotify: open.spotify.com/show/56rc5KHG6Btk19lEAmw7I2 👉 Subscribe to The Bid podcast playlist for more insights from BlackRock experts: 1blk.co/48iHOs4 In this episode of The Bid, host Oscar Pulido speaks with Ibrahim Kanan, Head of the U.S. Core Equity Team within BlackRock’s Fundamental Equities Group, about the growing relevance of the S&P 493 — the broader set of companies outside the largest names. They explore how market concentration has evolved, why a $200 billion company represents only a small fraction of the index, and what that means for portf...