With the Russell Index reconstitution happening at the close of the market on June 27, there will be a massive amount of stock movement, and millions of shares traded by index funds and traders trying to game the event. Some stocks are bought within the Russell 1000 or 2000 to increase their index weighting and some are sold to decrease their weighting. In some cases, stocks move between the two indexes.

The Jefferies Quantitative team expects that $1.3 billion in information technology stocks will be bought, and more than $900 million in consumer staples stocks that will be sold.

We wanted to focus on the top eight new stocks that are being added to the index. Investors that get a jump on adding these top names may see a lift as we get closer to the end of the month and the actual additions, assuming that market conditions comply.

Here are the eight new stocks that will be added to the Russell 1000 Index. Many had recent initial public offerings.

Ally Financial Inc. (NYSE: ALLY) is the old financing arm of GM that was known before the great recession as GMAC. The company has been rebuilt into a stronger and more solvent Internet-focused bank with no brick-and-mortar locations. Its customers do their banking solely through the bank’s website, its mobile application and automatic teller machines.

Jefferies expects more than 6.2 million shares of Ally to trade the day of inclusion. The Thomson/First Call price target for the stock is $27.85. The stock closed trading Monday at $24.73 a share.

CBS Outdoor Americas Inc. (NYSE: CBSO) is the outdoor advertising division of broadcast giant CBS, which recently went public when shares began trading in March. The company is one of the largest lessors of advertising space on out-of-home advertising structures and sites across the United States, Canada and Latin America.

CBS Outdoor’s portfolio primarily consists of billboard displays, which are predominantly located in densely populated major metropolitan areas and along high-traffic expressways and major commuting routes. Jefferies estimates 519,608 shares will trade. Investors receive an outstanding 4.6% dividend. The consensus price target is $34.43. CBS Outdoors closed Monday at $32.80.