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Home Press Releases

Ares Management Set to Join S&P 500; Sezzle and Vital Farms to Join S&P SmallCap 600

WL Writing Staff by WL Writing Staff
December 8, 2025
in Press Releases
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NEW YORK, Dec. 8, 2025 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P 500 and S&P SmallCap 600: 

  • Ares Management (NYSE: ARES) will replace Kellanova (NYSE: K) in the S&P 500 effective prior to the open of trading on Thursday, December 11. Mars Inc. is acquiring Kellanova in a deal expected to close soon, pending final closing conditions.
  • Vital Farms Inc. (NASD: VITL) will replace Heidrick & Struggles Intl Inc. (NASD: HSII) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 11. Advent International and Corvex Private Equity are acquiring Heidrick & Struggles Intl in a deal expected to be completed soon, pending final closing conditions.
  • Sezzle Inc. (NASD: SEZL) will replace Vital Energy Inc. (NYSE: VTLE) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 15. S&P SmallCap 600 constituent Crescent Energy Co. (NYSE: CRGY) is acquiring Vital Energy in a deal expected to close soon, pending final closing conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name 

Action

Company Name

Ticker

GICS Sector

Dec 11, 2025

S&P 500

Addition

Ares Management

ARES

Financials

Dec 11, 2025

S&P 500

Deletion

Kellanova

K

Consumer Staples

Dec 11, 2025

S&P SmallCap 600

Addition

Vital Farms

VITL

Consumer Staples

Dec 11, 2025

S&P SmallCap 600

Deletion

Heidrick & Struggles Intl

HSII

Industrials

Dec 15, 2025

S&P SmallCap 600

Addition

Sezzle

SEZL

Financials

Dec 15, 2025

S&P SmallCap 600

Deletion

Vital Energy

VTLE

Energy

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

Cision View original content:https://www.prnewswire.com/news-releases/ares-management-set-to-join-sp-500-sezzle-and-vital-farms-to-join-sp-smallcap-600-302635867.html

SOURCE S&P Dow Jones Indices

WL Writing Staff

WL Writing Staff

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