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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
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$651M -$22.8M 15 0.28% Reduced
27
Winslow Capital Management
Winslow Capital Management
Minnesota
$614M -$17.5M 2 2.74% Reduced
28
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$589M +$14.9M 2 0.21% Increased
29
IVAV
Index Venture Associates V
Jersey
$571M $0 1 99.15% Maintained
30
Legal & General Group
Legal & General Group
United Kingdom
$549M -$35.8M 15 0.25% Reduced
31
Credit Suisse
Credit Suisse
Switzerland
$510M +$35.8M 14 0.31% Increased
32
Ninety One (UK)
Ninety One (UK)
United Kingdom
$500M +$111M 2 1.81% Increased
33
UBS Group
UBS Group
Switzerland
$482M +$2.16M 19 0.18% Increased
34
VP
Vitruvian Partners
United Kingdom
$479M $0 1 96% Maintained
35
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$474M +$20.7M 9 0.5% Increased
36
Wellington Management Group
Wellington Management Group
Massachusetts
$464M +$179M 5 0.1% Increased
37
American Century Companies
American Century Companies
Missouri
$446M -$96.8M 7 0.4% Reduced
38
Swiss National Bank
Swiss National Bank
Switzerland
$429M -$3.97M 12 0.34% Reduced
39
Charles Schwab
Charles Schwab
California
$412M +$13.7M 13 0.19% Increased
40
Renaissance Technologies
Renaissance Technologies
New York
$401M -$101M 14 0.4% Reduced
41
APG Asset Management
APG Asset Management
Netherlands
$399M +$56.1M 4 0.69% Increased
42
Capital International Investors
Capital International Investors
California
$388M +$8.37M 1 0.12% Increased
43
Axa
Axa
France
$382M +$22M 5 1.38% Increased
44
Deutsche Bank
Deutsche Bank
Germany
$379M +$49.9M 16 0.26% Increased
45
AllianceBernstein
AllianceBernstein
Tennessee
$369M +$39.5M 14 0.2% Increased
46
AQR Capital Management
AQR Capital Management
Connecticut
$368M -$54.8M 7 0.62% Reduced
47
Citadel Advisors
Citadel Advisors
Florida
$367M +$18.3M 13 0.1% Increased
48
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$358M -$5.25M 14 0.26% Reduced
49
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$352M -$4.78M 4 1.51% Reduced
50
Janus Henderson Group
Janus Henderson Group
$351M -$80.9M 5 0.18% Reduced