North America HQ Geographic Distribution/Growth of Mega Cap Corporations 2020-2021

Manitopiaaa · #1 Posted **Jan 1, 2021, 11:35 PM**

With 2020 over, I decided to look at the geographic distribution of North America's "mega" cap corporations ($50b+ market capitalization) by headquarters. North America has 152 mega cap companies, 145 in the United States and 7 in Canada. Mexico has 2 companies right on the cusp (Walmex at $49b and America Movil at $49b), but misses the cusp. Maybe next year.

These 152 companies have a market cap of $27.06 trillion. 97.7% is in the USA. 2.3% is in Canada.

To be clear, these companies are grouped based on the location of their headquarters, aka where high-level executive decisions are made (where CEO/President/Chairman/Board/executive management generally resides). Of course, these companies have multinational operations and their workforce is spread throughout.

---

Some thoughts:

The U.S. gained $5.586 trillion in mega cap market value. Canada gained $97 billion. North America gained $5.683 trillion total.
The West Coast had a banner year due to COVID pandemic and general inertia. With 56.6 million people (of North America's 580 million, or 9.8%) it is now home to 46 companies who combined have 52.4% of North America's mega cap market value. Last year, these 145 companies had a market cap of $21.4 trillion, and the West Coast had 42.4% of the share. So the West Coast captured 10% of the mega cap "market share" in one year.
Mega cap market value increased by 26.79% in the United States and 18.34% in Canada. In both cases, the increase was due to tech growth. In Canada, Shopify's growth alone makes up nearly the entirety of Canada's growth. Shopify went from not being mega cap ($46b) on January 1, 2020, to having a market cap of $137 billion a year later, or 198% growth. If you exclude Shopify from Canada's listing, Canada's mega cap only grew by 1.24%, showing how countries without competitive tech industries will fall behind in the coming decade. If Shopify can continue to grow in the coming years, it will do wonders to shift Canada's mega cap value away from dying industries.
The same tech shift was noticeable throughout the U.S. The West Coast's mega cap market value increased by a whopping 52.9% from $9.067 trillion to $13.863 trillion. Tesla alone added $593 billion of market capitalization, or nearly the entire mega cap value of Canada. The rest of the U.S. had mixed growth. The Great Lakes and Southeast had 12.75% market cap growth and 12.80% market cap growth, respectively. The Northeast, heavy on traditional industries and finance, only grew by 4.56%. The Southwest declined by 5.32% due to the oil shock and Exxon's market cap collapse.
Of the 7 North American companies among the Top 10 globally, we have the following growth:
- Alphabet: +$264 billion market cap growth
- Amazon: +$714 billion market cap growth
- Apple: +$968 billion market cap growth
- Berkshire Hathaway (the only non-tech): -$8 billion market cap growth
- Facebook: +$193 billion market cap growth
- Microsoft: +$482 billion market cap growth
- Tesla: +$593 billion market cap growth
- TOTAL: +$3.206 trillion
As the numbers above show, the 7 companies above grew by $3.206 trillion. So these 7 alone account for 57.4% of the U.S. gain, and 56.4% of North America's. They also account for 67% of the West Coast increase just due to sheer size, even if smaller tech companies had much better percentage growth rates than all but Tesla.
Two companies IPOd straight into mega cap territory: Airbnb and Snowflake. Both are seriously overvalued and I can't imagine them sustaining those levels.
If 2021 is a year of recovery, I could also see a correction, with money being pulled from the safety of big tech back into traditional industries. So next year's snapshot might be far less imbalanced than the +53% West Coast, +5% Northeast dynamic we had this year.
HQ relocations are a big question mark. This year alone, Charles Schwab and Oracle moved their HQs to Texas (though the former's isn't final final until January 21). If Paypal or Tesla move to Texas in 2021, the West Coast dominance could be reduced even further.

('Open in New Tab' if the numbers are too small. It's a big pic.)

Happy to hear if anything else jumps out!

mhays · #2 Posted **Jan 2, 2021, 12:01 AM**

Amazing...a few companies INDIVIDUALLY beat entire regions by this measure.

iheartthed · #3 Posted **Jan 2, 2021, 12:48 AM**

The SF Bay Area is a beast*. There are more +$50b market cap companies in the SF/SJ CSA than NYC's.

*And maybe a bubble.

Fantastic · #4 Posted **Jan 2, 2021, 1:02 AM**

Quote:

Originally Posted by mhays

Amazing...a few companies INDIVIDUALLY beat entire regions by this measure.

I do wonder which corporation will be first to set up its own country.

dc_denizen · #5 Posted **Jan 2, 2021, 1:06 AM**

Market cap is meaningless

Manitopiaaa · #6 Posted **Jan 2, 2021, 1:11 AM**

Quote:

Originally Posted by dc_denizen

Market cap is meaningless

Strongly disagree. It's literally the only benchmark that tells us about confidence in a company and its stature. Literally the stock market's daily sturm und drang is about determining whether a company's market cap makes sense given its future potential. If it doesn't, you sell. If it does, you buy. The market cap is therefore the point of equilibrium among all those varied opinions about how much a company is worth.

Manitopiaaa · #7 Posted **Jan 2, 2021, 1:17 AM**

Quote:

Originally Posted by Fantastic

I do wonder which corporation will be first to set up its own country.

The other day I found out that Oracle's CEO bought a 150 square mile Hawaiian island (Lanai). And Oracle's one of the sickly tech firms. If he could personally purchase an island of that size given his net worth, there's no doubt an Apple or Amazon could easily buy some sizable Pacific Island countries without batting an eye. Of course, in reality, they'll just hoard money to buy out any upstarts that pose a long-term threat. Surprised Amazon hasn't bought out Shopify yet.

Apple is making $50 billion in profit each year for context. That's pure profit, not revenue. They can essentially buy a mega cap company each year with that (or 2 if they just go for 50%+1 voting shares). They have a very fat piggy bank ($200 billion in cash reserves).

mrnyc · #8 Posted **Jan 2, 2021, 2:43 AM**

Quote:

Originally Posted by Manitopiaaa

The other day I found out that Oracle's CEO bought a 150 square mile Hawaiian island (Lanai). And Oracle's one of the sickly tech firms. If he could personally purchase an island of that size given his net worth, there's no doubt an Apple or Amazon could easily buy some sizable Pacific Island countries without batting an eye. Of course, in reality, they'll just hoard money to buy out any upstarts that pose a long-term threat. Surprised Amazon hasn't bought out Shopify yet.

Apple is making $50 billion in profit each year for context. That's pure profit, not revenue. They can essentially buy a mega cap company each year with that (or 2 if they just go for 50%+1 voting shares). They have a very fat piggy bank ($200 billion in cash reserves).

i got a little story about that. last fall i met these art handlers from england at a happy hour downtown in manhattan. they were in town installing the anish kapoor bean at 56 leonard street aka the jenga tower. of course unfortunately its only half installed since then due to the pandemic, but anyway they were telling me just prior to coming to ny they were in hawaii installing artwork at oracle ceo larry ellison's compound that you mentioned. they said there are major works of modernist art all in and around his estate and gardens. i thought that was interesting becuase most of those new money tech gazillionaires out west don't know and dont care to know shite about art or support it really. usually it takes about three or four generations of money to cultivate good taste.

Manitopiaaa · #9 Posted **Jan 2, 2021, 4:09 AM**

Quote:

Originally Posted by mrnyc

i got a little story about that. last fall i met these art handlers from england at a happy hour downtown in manhattan. they were in town installing the anish kapoor bean at 56 leonard street aka the jenga tower. of course unfortunately its only half installed since then due to the pandemic, but anyway they were telling me just prior to coming to ny they were in hawaii installing artwork at oracle ceo larry ellison's compound that you mentioned. they said there are major works of modernist art all in and around his estate and gardens. i thought that was interesting becuase most of those new money tech gazillionaires out west don't know and dont care to know shite about art or support it really. usually it takes about three or four generations of money to cultivate good taste.

Wow! Yeah, he's a very ecclectic personality. Just looking at him, you could have sworn he was a French fashionista, not a tech businessman.

He also made some smart decisions. Helped build Oracle, knew when Oracle was falling behind and pivoted financially, stayed on as Executive Chairman for the influence, invested his wealth elsewhere and now has a $72 billion net worth, or 5th in the U.S.

So he became the 5th wealthiest man in the U.S. on the backs of the 32nd largest American company. Not bad!

homebucket · #10 Posted **Jan 2, 2021, 4:18 AM**

Quote:

Originally Posted by Manitopiaaa

Strongly disagree. It's literally the only benchmark that tells us about confidence in a company and its stature. Literally the stock market's daily sturm und drang is about determining whether a company's market cap makes sense given its future potential. If it doesn't, you sell. If it does, you buy. The market cap is therefore the point of equilibrium among all those varied opinions about how much a company is worth.

Excellent post. Agree 100%.

Thank you for putting this fascinating data together!

JDRCRASH · #11 Posted **Jan 2, 2021, 4:56 AM**

Zoom and Tesla’s IPOs increase tho...

bigstick · #12 Posted **Jan 2, 2021, 1:55 PM**

Atlanta, is definitely "the beast" of the Southeast....

dimondpark · #13 Posted **Jan 2, 2021, 2:17 PM**

OMG I love u

I have data that you can take and use if you like because your presentation is much better than mine. I went down to $20B

As of Dec 31, 2020 there were 325 publicly traded companies headquartered in the US valued at $20B or greater. Here are their locations and market cap:

Allentown-Bethlehem-Easton
$60.395 Air Products & Chemicals
$21.680 PPL Corporation

Atlanta-Athens-Clarke County-Sandy Springs
$285.966 Home Depot
$235.671 Coca-Cola
$145.564 UPS
$65.354 Southern Company
$64.710 Intercontinental Exchange
$64.483 Global Payments
$60.349 Norfolk Southern
$25.643 Delta Air Lines
$23.457 Equifax
$22.754 FleetCor Technologies

Austin-Round Rock-Georgetown
$190.449 Oracle
$55.410 Dell

Boise City-Mountain Home-Ontario
$83.969 Micron Technology

Boston-Worcester-Providence
$184.605 Thermo Fisher Scientific
$108.603 Raytheon
$99.708 American Tower
$94.606 General Electric
$89.398 CVS
$81.991 TJX Companies
$61.457 Vertex Pharmaceuticals
$54.584 Analog Devices
$50.913 Boston Scientific
$45.209 Roper Technologies
$41.339 Moderna
$37.679 Biogen
$34.172 Alexion Pharmaceuticals
$29.657 Eversource
$25.676 State Streeet Financial
$22.456 Wayfair Inc.

Charlotte-Concord
$262.205 Bank of America
$149.248 Honeywell
$120.703 Lowe's Companies
$67.384 Duke Energy
$64.625 Truist Financial

Chicago-Naperville
$194.055 Abbott Laboratories
$189.170 AbbVie
$159.885 McDonalds
$120.843 Boeing
$98.883 Caterpillar
$83.621 Mondelez
$64.532 Illinois Tool Works
$42.376 Kraft Heinz
$41.188 Exelon
$40.999 Baxter International
$34.452 Walgreens
$33.426 Allstate
$28.829 Motorola
$28.047 Archer-Daniels Midland
$23.792 Arthur J Gallagher
$22.067 Equity Residential
$21.914 WW Grainger

Cincinnati-Wilmington-Maysville
$349.599 Proctor & Gamble
$24.180 Kroger

Cleveland-Akron-Canton
$66.747 Sherwin-Williams
$57.874 Progressive
$35.086 Parker-Hannifin
$33.687 Transdigm

Columbus-Auburn-Opelika
$31.237 AFLAC

Columbus-Marion-Zanesville
$41.334 American Electric Power

Dallas-Fort Worth
$204.943 AT&T
$174.287 Exxon Mobil
$150.661 Texas Instruments
$99.317 Charles Schwab
$45.860 Kimberly-Clark
$45.032 Keurig Dr Pepper
$40.124 Match Group
$30.047 Copart
$27.925 McKesson
$27.512 Southwest Airlines
$25.130 D.R. Horton
$23.940 Yum China Holdings

Davenport-Moline-Rock Island
$84.309 Deere & Co.

Denver-Aurora
$48.113 Newmont Mining
$37.802 Liberty Broadband
$33.310 VF Corporation
$30.480 Ball Corporation

Detroit-Warren-Ann Arbor
$59.599 General Motors
$40.125 Rocket Companies
$34.970 Ford Motor
$23.500 DTE Energy

Elmira-Corning
$27.504 Corning

Fayetteville-Springdale-Rogers
$407.841 Walmart
$23.507 Tyson Foods

Greensboro-Winston-Salem-High Point
$22.900 Old Dominion Freight Line

Harrisburg-York-Lebanon
$31.706 Hershey

Hartford-East Hartford
$75.208 Cigna
$28.609 Stanley Black & Decker

Houston-The Woodlands
$68.658 Crown Castle International
$49.837 Waste Management
$42.762 Enterprise Products
$42.709 ConocoPhillips
$37.824 Sysco
$30.942 Kinder Morgan
$30.549 Phillips 66
$29.093 EOG Resources
$24.332 Williams Companies

Indianapolis-Carmel-Muncie
$161.509 Eli Lilly
$79.756 Anthem
$33.612 Cummins
$27.983 Simon Property Group

Jacksonville-St Marys-Palatka
$87.777 FIdelity National Information Services
$69.403 CSX

Kalamazoo-Portage
$92.083 Stryker
$21.389 Kellogg

Las Vegas-Henderson
$45.524 Las Vegas Sands

Los Angeles-Long Beach
$328.023 Walt Disney
$133.852 Amgen Inc
$74.603 Snap Inc.
$71.759 Activation Blizzard
$56.858 Edwards Lifesciences
$48.821 Monster Beverage
$40.371 Public Storage
$38.800 Chipotle Mexican Grill
$25.390 Skyworks Solutions
$24.049 Alexandria Real Estate Equities
$23.778 Edison International
$21.039 CBRE Group

Louisville/Jefferson County-Elizabethtown-Bardstown
$54.295 Humana
$32.749 Yum! Brands

Memphis-Forrest City
$68.817 FedEx
$26.797 AutoZone

Miami-Port St Lucie-Fort Lauderdale
$151.142 NextEra Energy
$31.328 SBA Communications
$23.912 Carnival
$23.839 Lennar

Milwaukee-Racine-Waukesha
$76.129 Fiserv
$29.136 Rockwell Automation
$29.029 WEC Energy Group

Minneapolis-St Paul
$332.732 UnitedHealth
$157.672 Medtronic
$100.822 3M
$88.401 Target
$61.758 Ecolab
$35.952 General Mills
$35.821 Xcel Energy
$25.480 Best Buy
$22.926 Ameriprise Financial

Nashville-Davidson-Murfreesboro
$55.649 HCA Healthcare
$51.523 Dollar General

New York-Newark
$414.309 Johnson & Johnson
$387.355 JP Morgan Chase
$355.842 Mastercard
$243.113 Verizon
$206.956 Merck
$204.944 PepsiCo
$204.604 Pfizer
$140.172 Bristol-Myers Squibb
$135.551 Charter Communications
$128.930 Philip Morris

$128.373 Citigroup
$123.984 Morgan Stanley
$112.166 IBM
$110.043 BlackRock
$97.356 American Express
$96.255 Estee Lauder
$91.217 Booking Holdings
$90.734 Goldman Sachs
$79.092 S&P Global
$78.656 Zoetis

$75.557 ADP
$73.296 Colgate-Palmolive
$72.776 Becton Dickinson & Co.
$59.341 Marsh & McLennan
$54.507 Moody's Corporation
$51.550 Regeneron
$44.976 The Blackstone Group
$44.383 Peloton
$43.813 Cognizant
$42.252 Met-Life

$39.120 Amphenol
$37.607 Bank of New York Mellon
$37.108 MSCI
$35.821 Travelers Companies
$33.752 Verisk Analytics
$32.617 AIG
$31.293 Royalty Pharma
$30.915 Prudential
$29.978 Datadog
$29.490 PSEG

$28.986 Teladoc Health
$27.069 Sirius XM
$26.100 Interactive Brokers
$24.204 Consolidated Edison
$23.918 Take-Two Interactive
$23.046 KKR & Co.
$22.998 ViacomCBS Inc
$22.432 Etsy
$21.774 Nasdaq Inc
$21.672 Church & Dwight

$21.660 MarketAxess
$21.638 MongoDB
$21.146 Altice USA
$20.263 Synchrony Financial

Omaha-Council Bluffs-Fremont
$543.12 Berkshire Hathaway
$140.312 Union Pacific

Palm Bay-Melbourne-Titusville
$39.715 L3Harris Technologies

Philadelphia-Reading-Camden
$239.917 Comcast
$27.824 AMETEK
$27.819 American Water Works
$20.944 West Pharmaceutical Services
$20.063 EPAM Systems

Phoenix-Mesa
$50.342 Southern Copper
$41.147 Carvana
$37.803 Freeport McMoRan
$37.015 Microchip Technology
$30.693 Republic Services

Pittsburgh-New Castle-Weirton
$63.131 PNC Financial
$34.064 PPG Industries
$31.244 ANSYS
$22.529 Viatris

Portland-Lewiston-South Portland
$42.638 IDEXX Laboratories

Portland-Vancouver-Salem
$222.083 Nike

Raleigh-Durham-Cary
$34.351 IQVIA

Richmond
$76.195 Altria
$61.349 Dominion Energy

Rochester-Austin
$25.165 Hormel Foods

Rochester-Batavia-Seneca Falls
$42.451 Constellation Brands
$33.603 Paychex

St Louis-St Charles-Farmington
$48.179 Emerson Electric
$34.805 Centene

San Antonio-New Braunfels
$23.068 Valero Energy

San Diego-Chula Vista-Carlsbad
$172.296 Qualcomm
$54.020 Illumina
$36.753 Sempra Energy
$35.503 DexCom
$30.803 ResMed
$21.821 Realty Income

San Jose-San Francisco-Oakland
$2,300.491 Apple
$1,185.531 Alphabet
$778.039 Facebook
$668.905 Tesla
$511.230 Visa
$323.241 NVIDIA
$274.410 PayPal
$239.917 Adobe
$238.891 Netflix
$204.223 Salesforce.com

$204.162 Intel
$189.091 Cisco Systems
$178.089 Broadcom
$162.567 Chevron
$124.778 Wells Fargo
$110.425 ADM
$107.388 ServiceNow
$104.388 Intuit
$98.141 Square Inc.
$96.475 Zoom Video

$96.172 Intuitive Surgical
$94.250 Uber
$87.551 Airbnb
$79.664 Snowflake Inc
$78.907 Applied Materials
$73.760 Prologis
$73.030 Gilead Sciences
$68.011 Lam Research
$67.141 Autodesk
$63.634 Equinix

$58.878 Vmware
$57.506 Workday Inc
$54.323 Twilio
$46.868 CrowdStrike
$43.777 Ross Stores
$42.143 Roku
$42.136 Align Technology
$41.623 Electronic Arts
$41.556 Unity Software
$41.471 DocuSign

$39.991 KLA
$39.672 Synopsis
$39.085 Digital Realty Trust
$38.054 Cadence Design Systems
$36.358 Aligent Technologies
$34.750 Xilinx
$34.639 eBay
$34.410 Palo Alto Networks
$32.918 Okta Inc
$31.712 Hewlett Packard

$30.652 QuantumScape
$27.474 Splunk
$26.799 Zscaler Inc.
$25.402 Clorox
$25.302 First Republic Bank
$24.727 PG&E
$24.581 Keysight Technologies
$24.461 Coupa Software
$24.111 Fortinet
$23.696 Maxim Integrated Products

$23.351 Cloudfare
$22.167 Enphase Energy
$20.491 Zebra Technologies
$20.088 SVB Financial

Seattle-Tacoma
$1,681.605 Microsoft
$1,634.605 Amazon
$167.374 T-Mobile US
$166.896 Costco
$125.562 Starbucks
$31.349 Seagen
$30.200 Zillow
$29.890 Paccar
$25.027 Wayerhaeuser

South Bend-Elkhart-Mishawaka
$31.393 Zimmer Biomet

Springfield, MO
$32.787 O'Reilly Automotive

Toledo-Findlay-Tiffin
$26.966 Welltower
$26.910 Marathon Petroleum
$22.519 MPLX LP

Virginia Beach-Norfolk
$25.410 Dollar Tree

Washington-Baltimore-Arlington
$157.803 Danaher
$99.317 Lockheed Martin
$50.801 Northrop Grumman
$45.213 Capital One Financial
$42.785 Marriott
$42.707 General Dynamics
$36.433 CoStar Group
$34.279 T Rowe Price
$27.747 Discover Financial
$25.508 McCormick & Co
$24.693 VeriSign Inc
$22.397 AvalonBay Communities

Winona, MN Micropolitan Area
$28.031 Fastenal

Total Market Cap, Companies $20B+
San Jose-San Francisco-Oakland....................$9.565 Trillion
New York-Newark.........................................$4.450 Trillion
Seattle-Tacoma............................................$3.891 Trillion
Chicago-Naperville........................................$1.228 Trillion
Boston-Worcester-Providence.........................$1.062 Trillion
Atlanta-Athens-Sandy Springs...........................$993 Billion
Dallas-Fort Worth............................................$894 Billion
Los Angeles-Long Beach...................................$887 Billion
Minneapolis-St Paul..........................................$861 Billion
Charlotte-Concord...........................................$664 Billion
Washington-Baltimore-Arlington........................$609 Billion
Cincinnati-Wilmington-Maysville........................$373 Billion
Houston-The Woodlands...................................$356 Billion
San Diego-Chula Vista-Carslbad........................$351 Billion
Philadelphia-Reading-Camden...........................$336 Billion
Indianapolis-Carmel-Muncie..............................$302 Billion
Austin-Round Rock-Georgetown........................$245 Billion
Portland-Vancouver-Salem................................$222 Billion

iheartthed · #14 Posted **Jan 2, 2021, 4:22 PM**

Quote:

Originally Posted by dc_denizen

Market cap is meaningless

It's not meaningless, but there is a tendency to overstate the importance of market cap as a metric.

Crawford · #15 Posted **Jan 2, 2021, 4:31 PM**

Market cap is obviously important from the company perspective, but I'm unclear how it's important relative to where the HQ flag is officially planted.

For example, Detroit doesn't derive value from GM's relative market cap, it doesn't even derive value from GM's decision to label Detroit its HQ.

Rather, it derives value from relative degree of local investment, which isn't related to market cap or HQ label. A rise in market cap is good for Berkshire Hathaway, Vanguard and the like (i.e. largest shareholders), and doesn't really factor into relative local value.

The real reason GM is important to Detroit is because the R&D functions are all there, as well as many of the largest plants and suppliers. This is true whether GM is private or public, and whether share price is crap or stratospheric. And this is why GM is far more important to Detroit Metro than Tesla is to Bay Area, regardless of relative valuation. If Tesla leaves Bay Area, it will mean nothing; if GM left Detroit it would be catastrophe.

iheartthed · #16 Posted **Jan 2, 2021, 4:41 PM**

Quote:

Originally Posted by Crawford

Market cap is obviously important from the company perspective, but I'm unclear how it's important relative to where the HQ flag is officially planted.

It matters for the Bay Area because a substantial amount of employee compensation for companies based there comes in the form of equity in the company. These supercharged market caps means that there is a tidal wave of money flowing through that region right now.

SIGSEGV · #17 Posted **Jan 2, 2021, 5:26 PM**

The fact that DocuSign (maker of a web app a high school student can write) has a higher market cap than xilinx (world leader in FPGAs, one of the most important technologies, though soon to be acquired by AMD) is insane. But I guess it's.well known many SV companies are hugely overvalued.

JManc · #18 Posted **Jan 2, 2021, 6:52 PM**

Quote:

Originally Posted by SIGSEGV

The fact that DocuSign (maker of a web app a high school student can write) has a higher market cap than xilinx (world leader in FPGAs, one of the most important technologies, though soon to be acquired by AMD) is insane. But I guess it's.well known many SV companies are hugely overvalued.

Tesla which barely makes a profit is worth more than all other car companies combined. It's all about hype. GM, Toyota, etc are all seen as legacy companies with no real path upwards thus their stock remains relatively stable. Everyone is hedging on future growth/ innovation from Tesla. Plus, Tesla is largely seen as a tech company that makes cars.

iheartthed · #19 Posted **Jan 2, 2021, 7:07 PM**

Quote:

Originally Posted by JManc

Tesla which barely makes a profit is worth more than all other car companies combined. It's all about hype. GM, Toyota, etc are all seen as legacy companies with no real path upwards thus their stock remains relatively stable. Everyone is hedging on future growth/ innovation from Tesla. Plus, Tesla is largely seen as a tech company that makes cars.

Yeah, Tesla is valued like a software company for some reason. Their situation feels similar to WeWork, which also tried to bill itself as a tech company despite it actually being a real estate company.

CVG · #20 Posted **Jan 2, 2021, 7:16 PM**

Quote:

Originally Posted by dimondpark

Louisville/Jefferson County-Elizabethtown-Bardstown
$54.295 Humana
$32.749 Yum! Brands

Brown-Forman $37.05B