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Luxury & Affluent Consumer

Luxury sells scarcity and heritage rather than utility, which lets prices rise faster than costs. Demand concentrates in a narrow band of very wealthy customers and in a few travelling nationalities.

40 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
26
Citadel Advisors
Citadel Advisors
Florida
$586M -$136M 11 0.58% Reduced
27
Geode Capital Management
Geode Capital Management
Massachusetts
$572M +$16.3M 12 0.34% Increased
28
Invesco
Invesco
Georgia
$569M +$86.1M 11 0.22% Increased
29
AllianceBernstein
AllianceBernstein
Tennessee
$535M -$88.1M 11 0.44% Reduced
30
Capital Research Global Investors
Capital Research Global Investors
California
$500M +$51.8M 2 0.17% Increased
31
Putnam Investments
Putnam Investments
Massachusetts
$466M +$41.7M 7 0.96% Increased
32
Wells Fargo
Wells Fargo
California
$461M -$38.3M 13 0.18% Reduced
33
MC
Montag & Caldwell
Georgia
$440M -$107M 3 4.81% Reduced
34
BCPEM
Bain Capital Public Equity Management
Massachusetts
$429M +$4.25M 3 10.75% Increased
35
Goldman Sachs
Goldman Sachs
New York
$410M -$81.9M 12 0.13% Reduced
36
abrdn Investment Management
abrdn Investment Management
United Kingdom
$409M -$79.2M 5 1.61% Reduced
37
Jennison Associates
Jennison Associates
New York
$408M -$347M 2 0.38% Reduced
38
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$393M +$132M 6 0.55% Increased
39
Managed Account Advisors
Managed Account Advisors
New Jersey
$390M -$48.2M 9 0.39% Reduced
40
BP
BBR Partners
New York
$387M +$68.6K 2 51.85% Increased
41
Credit Suisse
Credit Suisse
Switzerland
$384M -$12.6M 11 0.34% Reduced
42
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$381M +$118K 12 0.42% Increased
43
WP
Wedgewood Partners
Missouri
$374M +$50.3M 1 5.04% Increased
44
Neuberger Berman Group
Neuberger Berman Group
New York
$373M +$9.64M 5 0.39% Increased
45
AIG
American International Group
New York
$363M +$111M 12 1.57% Increased
46
Flossbach Von Storch
Flossbach Von Storch
Germany
$352M +$84.3M 2 8.26% Increased
47
Adage Capital Partners
Adage Capital Partners
Massachusetts
$340M +$70M 6 0.83% Increased
48
Allianz Asset Management
Allianz Asset Management
Germany
$340M -$3.45M 7 0.38% Reduced
49
Bank of America
Bank of America
North Carolina
$333M +$1.65M 12 0.12% Increased
50
BlackRock Advisors
BlackRock Advisors
Delaware
$330M +$95.6M 11 0.33% Increased