The shape of what we track
The Headmars universe currently spans 1,633 companies across eight sectors, and the distribution is anything but even. Ranked by the number of names tracked, the order is clear:
| Sector | Companies |
|---|---|
| Technology | 486 |
| Industrials | 332 |
| Healthcare | 274 |
| Basic Materials | 169 |
| Consumer Cyclical | 126 |
| Financials | 94 |
| Energy | 88 |
| Communication Services | 64 |
Technology sets the tone
At 486 names, Technology alone is roughly 30% of everything we follow — more than Industrials and nearly double Healthcare. The sample reads like a roll call of the megacaps that move indices: Apple, Microsoft, NVIDIA, plus the semiconductor cohort of AMD and Intel and the software presence of Salesforce. When one sector holds this much breadth, its internal rotations — chips versus software, hardware versus services — tend to set the mood for the whole board.
The industrial and healthcare middle
Industrials (332) and Healthcare (274) form a substantial second tier. What stands out in Industrials is its global texture: alongside Honeywell and nVent sit a Xiamen high-tech industrial, Taiwan's Arch Meter, shipping's ZIM, and the speculative electric-aviation name Archer Aviation. Healthcare mixes defensive anchors — Johnson & Johnson, UnitedHealth, AbbVie — with smaller and international listings like GoodRx and Korea- and Shanghai-listed pharma. Together these sectors give the universe a defensive-plus-cyclical ballast that Technology's growth tilt lacks.
A caution on the market-cap column
The per-sector market-cap totals invite a hard look. Basic Materials, populated in our sample by small gold explorers and lithium juniors, reports a larger aggregate cap than Technology — and Financials and Energy carry totals that dwarf the sector everyone knows is the heaviest. Those figures are almost certainly distorted by currency mismatches and duplicate cross-listings, not genuine economic weight. So for now, treat the company counts as the reliable measure of composition and the cap totals as a data-quality flag to fix.
The duplicate-listing tell
The sample names make the cross-listing problem visible. Tesla shows up three times (TSLA, TL0.F, TL0.DE), Alphabet twice (GOOGL, GOOG), Novo Resources across Toronto and Australia, and Galantas Gold across two venues. That inflates raw counts and, more importantly, any naive market-cap sum. It's the single biggest thing an investor — or an analyst building screens on this universe — should watch.
What to watch
- Technology concentration: with ~30% of names here, breadth signals from this sector are the universe's bellwether.
- Cross-listing hygiene: de-duplicating multi-venue tickers will sharpen both counts and any cap-weighted view.
- The long tail: Communication Services is small by count (64) yet holds Alphabet, Meta, Netflix, and Tencent — a reminder that name count and importance are not the same thing.
Until the cap figures are reconciled, count-based composition is the honest lens — and by that lens, this is a Technology-led, globally diversified universe.