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Markets Score 55 Neutral

Casey's General Stores to Move to S&P 500; DigitalOcean, Broadstone Net Lease Shift to Lower Indices

Apr 06, 2026 21:51 UTC
CASY, HOLX, DOCN, BNL
Immediate term

Casey's General Stores (CASY) will replace Hologic (HOLX) in the S&P 500, while DigitalOcean (DOCN) and Broadstone Net Lease (BNL) will move to the S&P MidCap 400 and S&P SmallCap 600, respectively, effective April 9.

  • Casey's General Stores (CASY) will replace Hologic (HOLX) in the S&P 500.
  • DigitalOcean (DOCN) moves to the S&P MidCap 400 from the S&P SmallCap 600.
  • Broadstone Net Lease (BNL) replaces DigitalOcean in the S&P SmallCap 600.
  • Changes take effect on April 9, 2026.
  • The reconstitution follows Hologic's pending acquisition by Blackstone and TPG Global.
  • Index shifts may influence short-term trading and ETF flows but are unlikely to impact the broader market.

Casey's General Stores Inc. (CASY) is set to ascend to the S&P 500 index, replacing Hologic Inc. (HOLX) following a scheduled reconstitution. The change, effective April 9, marks a shift in the retail sector's representation within the broader market index. DigitalOcean Holdings Inc. (DOCN), currently in the S&P SmallCap 600, will move to the S&P MidCap 400, while Broadstone Net Lease Inc. (BNL) will take DigitalOcean's place in the smaller-cap index. The adjustments reflect ongoing efforts by S&P to align its indices with market capitalization trends and sector balance. The reconstitution follows a larger acquisition involving Hologic, as affiliates of Blackstone Inc. and TPG Global are set to acquire the company. Investors and ETF managers may see short-term trading activity around the affected stocks, though the broader market impact is expected to be limited due to the scheduled nature of the changes. Retail, technology, and real estate sectors will see subtle shifts in their index representation, potentially influencing fund flows and investor focus.

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