Conglomerates
Stocks Ranked by
Market Capitalization
Conglomerates Stocks at a Glance
Conglomerates operate several unrelated business lines with no dominant revenue source. The case turns on capital allocation — management's record of buying, fixing, and exiting businesses — and whether a holding discount persists against the sum of the parts.
There are 23 Conglomerates industry stocks tracked by Wall St. Rank, worth a combined $205B.
The largest by market cap are 3M (MMM) at $91.8B, Honeywell (HON) at $76.4B and Valmont Industries (VMI) at $8.86B.
Among institutional investors, Honeywell (HON) drew the most net new fund positions in Q1 2026: 298 funds opened new positions, taking total fund holders up 111 (4.1%) quarter-over-quarter.
- Combined market cap: $205B across 23 stocks.
- Largest constituent: 3M (MMM), $91.8B market cap.
- Most net new fund positions in Q1 2026: Honeywell (HON), +111 holders.
Market caps and prices updated daily; fund activity based on aggregated SEC 13F filings for Q1 2026.