Announcements
Announcements about Tilt indices, including corporate actions, rebalancings, and methodology updates.
M&A Adjustment: Roku, Inc. (ROKU)
Tilt Indices LLC announces a merger/acquisition adjustment affecting the index, effective 2026-11-09. Fox Corp. (FOXA) is acquiring Roku, Inc. (ROKU) — each share of ROKU will be converted into 0.9799 shares of FOXA and $95.30 per share in cash. The transaction was originally announced in June 2026 and completed on November 6, 2026. ROKU will be halted prior to the opening of trading on November 9, 2026. As a result, ROKU will be removed from the index before market open on November 9, 2026. The share consideration will increase the index’s holding in FOXA, while the cash consideration will be redistributed pro-rata to remaining constituents. A replacement constituent will be added in accordance with the Tilt Indices General Index Methodology & Calculation Manual. Tilt 500: Skydance Corp. (SKYD) will be added as a replacement constituent, replacing ROKU, effective 2026-11-09.
Restatement: Tilt 500, Tilt 200, Tilt Select 100, Tilt US Energy Index, Tilt US Semiconductor Index
Tilt Indices LLC announces a restatement of the 2026-11-05 closing levels of the Tilt 500, Tilt 200, Tilt Select 100, Tilt US Energy Index and Tilt US Semiconductor Index, in accordance with the Tilt Index Corrections and Restatements Policy. The 2026-11-05 closing levels were calculated using preliminary closing prices from the indices' pricing source. After the close, these prices were revised across most of the U.S. equity market to reflect late trade corrections. As a result, the published closing levels were between 1.10 and 3.50 basis points different than the corrected values. The restated levels reflect the revised 2026-11-05 closing prices. There are no changes to index constituents, shares or weights. Restated 2026-11-05 closing levels: Tilt 500: 3,208.58 (previously 3,209.31) Tilt 200: 3,380.50 (previously 3,381.39) Tilt Select 100: 4,814.61 (previously 4,816.18) Tilt US Energy Index: 2,447.37 (previously 2,447.64) Tilt US Semiconductor Index: 8,075.62 (previously 8,072.79) The 2026-11-06 opening levels have been recalculated from the restated closing levels. No other dates are affected.
Restatement: Tilt 500, Tilt 200, Tilt Select 100, Tilt US Energy Index, Tilt US Semiconductor Index
Tilt Indices LLC announces a restatement of the 2026-11-04 closing levels of the Tilt 500, Tilt 200, Tilt Select 100, Tilt US Energy Index and Tilt US Semiconductor Index, in accordance with the Tilt Index Corrections and Restatements Policy. The 2026-11-04 closing levels were calculated using preliminary closing prices from the indices' pricing source. After the close, these prices were revised across most of the U.S. equity market to reflect late trade corrections. As a result, the published closing levels were between 1.46 and 2.31 basis points higher than the corrected values. The restated levels reflect the revised 2026-11-04 closing prices. There are no changes to index constituents, shares or weights. Restated 2026-11-04 closing levels: Tilt 500: 3,356.24 (previously 3,356.73) Tilt 200: 3,543.54 (previously 3,544.13) Tilt Select 100: 5,106.52 (previously 5,107.44) Tilt US Energy Index: 2,522.59 (previously 2,523.01) Tilt US Semiconductor Index: 9,253.54 (previously 9,255.68) The 2026-11-05 opening levels have been recalculated from the restated closing levels. No other dates are affected.
M&A Adjustment: Kenvue, Inc. (KVUE)
Tilt Indices LLC announces a merger/acquisition adjustment affecting the index, effective 2026-11-03. Kenvue Inc. (KVUE) is being acquired by Kimberly-Clark Corporation for $3.50 in cash and 0.14625 Kimberly-Clark shares per share. The transaction was originally announced in November 2025 and completed on November 2, 2026. Trading in KVUE was suspended before market open on November 2, 2026. The official announcement confirming completion was released at 09:02 ET, after the index opening shares had been published. As a result, KVUE will be valued using the deal terms at the close on November 2, 2026, and will be removed from the index before market open on November 3, 2026. The share consideration will increase the index’s holding in Kimberly-Clark Corporation (KMB), while the cash consideration will be redistributed pro-rata to remaining constituents. No replacement constituent will be added. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Split-Off: MiniMed Group, Inc. (MMED)
Tilt Indices LLC announces a split-off adjustment affecting the index. Medtronic plc (MDT) has announced the preliminary results of the exchange offer for the split-off of distributing shares of MiniMed Group, Inc. (MMED). MDT intends to accept 55,032,401 tendered shares from shareholders in exchange for 252,813,348 shares of MMED, representing an exchange ratio of approximately 4.5939 shares of MMED distributed for every 1 share of MDT tendered. As a result, MDT's weight in the index will be reduced, while MMED will be added according to the exchange ratio. The effective date of the adjustment will be is 2026-10-14. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Restatement: Tilt 500, Tilt 200, Tilt Select 100
Tilt Indices LLC announces a restatement of the 2026-10-06 closing levels of the Tilt 500, Tilt 200 and Tilt Select 100, in accordance with the Tilt Index Corrections and Restatements Policy. The removal of Warner Bros. Discovery, Inc. (WBD) following its acquisition by Paramount Skydance Corporation was processed one day late and at an incorrect price. WBD stopped trading after the close on 2026-10-05, so the adjustment should have been effective 2026-10-06, not 2026-10-07 as previously announced. The restated levels reflect the corrected treatment. WBD was removed after the close on 2026-10-05 at its closing price of $30.95, in accordance with the Tilt Indices General Index Methodology & Calculation Manual. Teradyne, Inc. (TER) was added to the Tilt 200 and Illumina, Inc. (ILMN) to the Tilt Select 100 as replacement constituents, effective 2026-10-06. As previously announced, no replacement was made in the Tilt 500. Restated 2026-10-06 closing levels: Tilt 500: 3,423.24 (previously 3,422.08) Tilt 200: 3,646.01 (previously 3,644.75) Tilt Select 100: 5,519.67 (previously 5,515.22) The 2026-10-07 opening levels have been recalculated from the restated closing levels. No other dates are affected. The Tilt US Energy Index and Tilt US Semiconductor Index did not hold WBD and are unaffected.
M&A Adjustment: Warner Bros. Discovery, Inc. (WBD)
Tilt Indices LLC announces a merger/acquisition adjustment affecting the index, effective 2026-10-07. Warner Bros. Discovery, Inc. (WBD) is being acquired and merged into Paramount Skydance Corporation. Each share of WBD is being acquired for approximately $31.01666668 in cash. The transaction is expected to close on October 6, 2026 with the index adjustment taking place before opening on October 7, 2026. Tilt 500: WBD will be removed and its weight redistributed pro-rata to remaining constituents. No constituent replacement is occurring as the Tilt 500 currently has over 500 constituents as a result of a previous spin-off addition adjustment. Tilt 200: Teradyne, Inc. (TER) will be added as a replacement constituent, replacing WBD, effective 2026-10-07. Tilt Select 100: Illumina, Inc. (ILMN) will be added as a replacement constituent, replacing WBD, effective 2026-10-07. These adjustment are made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Spin-Off: Corteva, Inc. (CTVA)
Tilt Indices LLC announces a spin-off adjustment affecting the index. Corteva, Inc. (CTVA) will be distributing one share of Vylor, Inc. for every one share of CTVA on October 1, 2026. Following the separation, Vylor, Inc. will begin trading on the New York Stock Exchange under the symbol VYLR. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Reconstitution Complete: Tilt 500
Tilt Indices LLC announces the successful reconstitution and rebalance of the Tilt 500 effective after close on 2026-09-18. This rebalance includes 14 additions and 14 deletions. Constituents added: SUNB, ROIV, GH, CRCL, DINO, SPCX, ITT, ROKU, CBRS, PR, OVV, EWBC, RKT, NTNX Constituents removed: AA, ASTS, CSGP, CSL, DECK, LII, LVS, NXT, RMBS, ROL, TTMI, TXT, TLN, MBGL
Reconstitution Complete: Tilt 200
Tilt Indices LLC announces the successful reconstitution and rebalance of the Tilt 200 effective after close on 2026-09-18. This rebalance includes 3 additions and 5 deletions. Constituents added: LITE, TGT, SPCX Constituents removed: CIEN, LHX, COHR, HONA, MBGL
Reconstitution Complete: Tilt Select 100
Tilt Indices LLC announces the successful reconstitution and rebalance of the Tilt Select 100 effective after close on 2026-09-18. This rebalance includes 3 additions and 3 deletions. Constituents added: RVMD, CRWV, MRNA Constituents removed: CRDO, MSTR, VRSN
Reconstitution Complete: Tilt US Energy Index
Tilt Indices LLC announces the successful reconstitution and rebalance of the Tilt US Energy Index effective after close on 2026-09-18. This rebalance includes 0 additions and 0 deletions.
Reconstitution Complete: Tilt US Semiconductor Index
Tilt Indices LLC announces the successful reconstitution and rebalance of the Tilt US Semiconductor Index effective after close on 2026-09-18. This rebalance includes 1 addition and 1 deletion. Constituents added: SITM Constituents removed: CRUS
Reconstitution Constituent Replacement: Tilt Select 100
Tilt Indices LLC is announcing the replacement of a constituent in the Tilt Select 100 Rebalance Proforma. CoreWeave, Inc. (CRWV) is replacing Space Exploration Technologies Corp. (SPCX) in the upcoming reconstitution of the Tilt Select 100, effect after-close on 2026-09-18, because SPCX was recently added to the Tilt Select 100. Tilt Indices LLC announced the selection date results for the rebalance of Tilt Select 100 on 2026-09-11, which included the addition of three new constituents. The day prior, on 2026-09-10, Tilt Indices LLC also announced a constituent replacement affecting the Tilt Select 100 as a result of The Kraft Heinz Co. (KHC) transferring its listing of common shares to the New York Stock Exchange. SPCX was named as a new constituent in both the selection day announcement and the constituent replacement announcement. On 2026-09-14, SPCX was added to the Tilt Select 100 as part of the constituent replacement announced on 2026-09-10. As a result, CRWV is being added to the selection date list for the upcoming reconstitution of the Tilt Select 100
Reconstitution: Tilt US Semiconductor Index
Tilt Indices LLC announces the selection date results for the rebalance of Tilt US Semiconductor Index. The selection date is 2026-09-11 and the adjustment date is 2026-09-18. This rebalance includes 1 addition and 1 deletion. Constituents added: SITM Constituents removed: CRUS
Reconstitution: Tilt US Energy Index
Tilt Indices LLC announces the selection date results for the rebalance of Tilt US Energy Index. The selection date is 2026-09-11 and the adjustment date is 2026-09-18. This rebalance includes 0 additions and 0 deletions.
Reconstitution: Tilt Select 100
Tilt Indices LLC announces the selection date results for the rebalance of Tilt Select 100. The selection date is 2026-09-11 and the adjustment date is 2026-09-18. This rebalance includes 3 additions and 3 deletions. Constituents added: RVMD, SPCX, MRNA Constituents removed: CRDO, MSTR, VRSN
Reconstitution: Tilt 200
Tilt Indices LLC announces the selection date results for the rebalance of Tilt 200. The selection date was 2026-09-11 and the adjustment date is 2026-09-18. This rebalance includes 3 additions and 5 deletions. Constituents added: LITE, TGT, SPCX Constituents removed: CIEN, LHX, COHR, HONA, MBGL
Reconstitution: Tilt 500
Tilt Indices LLC announces the selection date results for the rebalance of Tilt 500. The selection date is 2026-09-11 and the adjustment date is 2026-09-18. This rebalance includes 14 additions and 14 deletions. Constituents added: SUNB, ROIV, GH, CRCL, DINO, SPCX, ITT, ROKU, CBRS, PR, OVV, EWBC, RKT, NTNX Constituents removed: AA, ASTS, CSGP, CSL, DECK, LII, LVS, NXT, RMBS, ROL, TTMI, TXT, TLN, MBGL
Constituent Replacement: Tilt Select 100
Tilt Indices LLC announces a constituent replacement in Tilt Select 100, effective 2026-09-14. The Kraft Heinz Co. (KHC) announced it will be transferring its listing of common shares to the New York Stock Exchange. As a result, KHC will no longer be eligible for the Tilt Select 100 and will be removed from the index. Space Exploration Technologies Corp. (SPCX) will be added as a replacement constituent to the Tilt Select 100 index, effective the same day This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
M&A Adjustment: AvalonBay Communities, Inc. (AVB)
Tilt Indices LLC announces a merger/acquisition adjustment affecting the index, effective 2026-08-17. Equity Residential (EQR) is acquiring AvalonBay Communities, Inc. (AVB) — each share of AVB will be converted into 2.973 shares of EQR. As a result, AVB will be removed and its weight will be absorbed by EQR. The merger is expected to close on Monday, August 17, 2026, subject to the satisfaction or waiver of customary closing conditions. Following the completion of the merger, the combined company will be renamed “Vivmark Residential,” with its common shares expected to trade on the New York Stock Exchange under the ticker symbol “VMRK” beginning at the open of trading on August 18, 2026. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
M&A Adjustment: Electronic Arts, Inc. (EA)
Tilt Indices LLC announces a merger/acquisition adjustment affecting the index, effective 2026-08-05. Electronic Arts, Inc. (EA) is being acquired by a consortium comprised of The Public Investment Fund and Silver Lake for $210 per share. The transaction was originally announced in September 2025. All regulatory approvals required to complete the transaction were obtained by July 30, 2026. As a result, EA will be removed and its weight redistributed pro-rata to remaining constituents. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Spin-Off: S&P Global, Inc. (SPGI)
Tilt Indices LLC announces a spin-off adjustment affecting the index. S&P Global, Inc. (SPGI) will be distributing one share of Mobility Global for every share of S&P Global, Inc. on July 1, 2026. Following the separation, Mobility Global will begin trading on the New York Stock Exchange under the symbol MBGL. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Spin-Off: Honeywell International, Inc. (HON)
Tilt Indices LLC announces a spin-off adjustment affecting the index. Honeywell International Inc. (HON) will be distributing one share of Honeywell Aerospace for every two shares of Honeywell International Inc. on June 29, 2026. Following the separation, Honeywell Aerospace will begin trading on the Nasdaq Stock Market under the symbol HONA. This adjustment is made in accordance with the Tilt Indices General Index Methodology & Calculation Manual.
Reconstitution: Tilt US Semiconductor Index
Tilt Indices LLC announces the selection date results for the rebalance of Tilt US Semiconductor Index. The selection date was 2026-06-11 and the adjustment date is 2026-06-18. This rebalance includes 0 additions and 0 deletions.