There has been a powerful trend towards indexed investing in recent years. This video highlights the impact of that indexing on the largest mutual funds as well as the FAAMG stocks.
*Edit* I just realized this video was cut off towards the end during the discussion of the Fidelity Contra Fund. If you pause the video just before it ends, you will see the highlighted FAAMG stocks in the top holding of this fund which historical relied investing in stocks that were out of favor. The American Funds Growth Fund of America mentioned in the video also has 4 of the 5 FAAMG stocks within its top 6 holdings.