The Prime Unicorn Index added 7 constituents and dropped 3 in its quarterly reconstitution, for a total of 116 index components for Q1 2019. The return for 2018 has increased to 40.19%. Currently, we are tracking 116 U.S.-based private companies in the Index, with a median market cap of $1.06 billion. The Index’s total market value has increased to $323 billion. Key upside drivers affecting Index performance include two successful IPOs (Twist Bioscience Corp and Eventbrite); one acquisition (GitHub); and primary funding rounds (including SpaceX, Rubrik, Plaid, Samsara Networks, Netskope, Allbirds, and more).
The Q1 2019 Prime Unicorn Index Reconstitution Report provides more information on the new 7 constituents and how they compare against the Index.