Which funds have a stake in the Superbowl?
The National Football League (NFL) played its championship game, the Superbowl, yesterday and Money Management has taken a look at which funds hold some of the companies that placed commercials during the game.
The Superbowl was one of the highest-rated television events and the cost of a 30 second commercial was US$5.5 million ($7.2 million).
It aired on the CBS network in America with the Tampa Bay Buccaneers beating the Kansas City Chiefs.
Budweiser, which had long used the game to promote its Bud Light beer, is owned by Anheuser-Busch which was held by the Pendal Concentrated Global Share with a 3.71% allocation, while Talaria Global Equity had a 4.27% allocation.
Cheetos, Doritos and Frito-Lay each had separate ads, which are all owned by PepsiCo, which was held by two companies: AXA IM Sustainable Equity (0.82%) and BlackRock iShares Edge MSCI World Minimum Volatility ETF (0.93%).
Toyota, whose heavily-praised commercial featured Paralympic swimmer Jessica Long, was held BetaShares’ WisdomTree Japan (8.9%) and Global Sustainability (2.4%), CFS Realindex Global Share (0.65%), Platinum Japan (5.18%) and Vanguard All World ex US Shares Index ETF (0.71%).
Uber Eats’ (a subsidiary of Uber Technologies) which featured a Wayne’s World crossover with Cardi B was held by the ETFS Morningstar Global Technology ETF (4.28%).
Amazon, which saw chief executive Jeff Bezos announce he would step aside last week, was held by five funds.
AUTHOR
Chris Dastoor
Recommended for you
Clime Investment Management has faced shareholder backlash around “unsatisfactory” financial results and is enacting cost reductions to return the business to profitability by Q1 2025.
Amid a growing appetite for alternatives, investment executives have shared questions advisers should consider when selecting a private markets product compared to their listed counterparts.
Chief executive Maria Lykouras is set to exit JBWere as the bank confirms it is “evolving” its operations for high-net-worth clients.
Bennelong Funds Management chief executive John Burke has told Money Management that the firm is seeking to invest in boutiques in two specific asset classes as it identifies gaps in its product range.
