MVAL additions & removals
Changes are observation-bounded: an addition is the first retained official snapshot containing a security after an earlier absence; a removal is its first retained absence. Baseline holdings receive no invented addition date.
Additions
| Ticker | Issuer | Observed date | Change |
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| S&P Global Inc | S&P Global Inc | 2026-03-31 | Added / first present |
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| Blackstone Inc | Blackstone Inc | 2026-03-31 | Added / first present |
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| State Street Global Advisors | State Street Global Advisors | 2026-03-31 | Added / first present |
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| Microsoft Corp | Microsoft Corp | 2025-12-31 | Added / first present |
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| MarketAxess Holdings Inc | MarketAxess Holdings Inc | 2025-12-31 | Added / first present |
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| Zoetis Inc | Zoetis Inc | 2025-12-31 | Added / first present |
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| Air Products and Chemicals Inc | Air Products and Chemicals Inc | 2025-12-31 | Added / first present |
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| Etsy Inc | Etsy Inc | 2025-12-31 | Added / first present |
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| Salesforce Inc | Salesforce Inc | 2025-09-30 | Added / first present |
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| IDEX Corp | IDEX Corp | 2025-09-30 | Added / first present |
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| Otis Worldwide Corp | Otis Worldwide Corp | 2025-09-30 | Added / first present |
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| Airbnb Inc | Airbnb Inc | 2025-09-30 | Added / first present |
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| PepsiCo Inc | PepsiCo Inc | 2025-06-30 | Added / first present |
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| Hershey Co/The | Hershey Co/The | 2025-06-30 | Added / first present |
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| Clorox Co/The | Clorox Co/The | 2025-06-30 | Added / first present |
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| A O Smith Corp | A O Smith Corp | 2025-06-30 | Added / first present |
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| Teradyne Inc | Teradyne Inc | 2025-06-30 | Added / first present |
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| Caterpillar Inc | Caterpillar Inc | 2025-03-31 | Added / first present |
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| Agilent Technologies Inc | Agilent Technologies Inc | 2025-03-31 | Added / first present |
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| Oracle Corp | Oracle Corp | 2025-03-31 | Added / first present |
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| Applied Materials Inc | Applied Materials Inc | 2025-03-31 | Added / first present |
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| Etsy Inc | Etsy Inc | 2025-03-31 | Added / first present |
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| Adobe Inc | Adobe Inc | 2024-12-31 | Added / first present |
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| Merck & Co Inc | Merck & Co Inc | 2024-12-31 | Added / first present |
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| Danaher Corp | Danaher Corp | 2024-12-31 | Added / first present |
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| Mondelez International Inc | Mondelez International Inc | 2024-12-31 | Added / first present |
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| Estee Lauder Cos Inc/The | Estee Lauder Cos Inc/The | 2024-12-31 | Added / first present |
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| Microchip Technology Inc | Microchip Technology Inc | 2024-12-31 | Added / first present |
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| West Pharmaceutical Services Inc | West Pharmaceutical Services Inc | 2024-12-31 | Added / first present |
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| Lam Research Corp | Lam Research Corp | 2024-12-31 | Added / first present |
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Removals
| Ticker | Issuer | Observed date | Change |
|---|
| A O Smith Corp | A O Smith Corp | 2025-12-31 | Removed / first absent |
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| Teradyne Inc | Teradyne Inc | 2025-12-31 | Removed / first absent |
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| Caterpillar Inc | Caterpillar Inc | 2026-03-31 | Removed / first absent |
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| Oracle Corp | Oracle Corp | 2025-09-30 | Removed / first absent |
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| Etsy Inc | Etsy Inc | 2025-09-30 | Removed / first absent |
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| Microchip Technology Inc | Microchip Technology Inc | 2025-06-30 | Removed / first absent |
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| Lam Research Corp | Lam Research Corp | 2025-09-30 | Removed / first absent |
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| Alphabet Inc | Alphabet Inc | 2025-12-31 | Removed / first absent |
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| Honeywell International Inc | Honeywell International Inc | 2025-03-31 | Removed / first absent |
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| McDonald's Corp | McDonald's Corp | 2024-12-31 | Removed / first absent |
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| Comcast Corp | Comcast Corp | 2024-12-31 | Removed / first absent |
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| Starbucks Corp | Starbucks Corp | 2024-12-31 | Removed / first absent |
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| Gilead Sciences Inc | Gilead Sciences Inc | 2025-06-30 | Removed / first absent |
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| Walt Disney Co/The | Walt Disney Co/The | 2025-09-30 | Removed / first absent |
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| Lam Research Corp | Lam Research Corp | 2024-12-31 | Removed / first absent |
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| Keysight Technologies Inc | Keysight Technologies Inc | 2024-12-31 | Removed / first absent |
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| Waters Corp | Waters Corp | 2024-12-31 | Removed / first absent |
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| MarketAxess Holdings Inc | MarketAxess Holdings Inc | 2025-03-31 | Removed / first absent |
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| Pfizer Inc | Pfizer Inc | 2025-12-31 | Removed / first absent |
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| Altria Group Inc | Altria Group Inc | 2025-06-30 | Removed / first absent |
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| Emerson Electric Co | Emerson Electric Co | 2025-03-31 | Removed / first absent |
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| Clorox Co/The | Clorox Co/The | 2024-12-31 | Removed / first absent |
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| International Flavors & Fragrances Inc | International Flavors & Fragrances Inc | 2025-12-31 | Removed / first absent |
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| Etsy Inc | Etsy Inc | 2024-12-31 | Removed / first absent |
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| Teradyne Inc | Teradyne Inc | 2025-03-31 | Removed / first absent |
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| Bio-Rad Laboratories Inc | Bio-Rad Laboratories Inc | 2025-06-30 | Removed / first absent |
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| RTX Corp | RTX Corp | 2024-12-31 | Removed / first absent |
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| Otis Worldwide Corp | Otis Worldwide Corp | 2025-03-31 | Removed / first absent |
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