← All themes

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
51	Franklin Resources San Mateo, California	$398M	+$17.4M	13	0.09%	Increased
52	Millennium Management New York	$397M	+$108M	17	0.14%	Increased
53	Independent Franchise Partners London, United Kingdom	$390M	-$136M	1	2.56%	Reduced
54	Citadel Advisors Miami, Florida	$378M	-$48M	22	0.04%	Reduced
55	BNP Paribas Financial Markets Paris, France	$377M	+$94.4M	20	0.13%	Increased
56	D.E. Shaw & Co New York	$372M	-$34.3M	14	0.18%	Reduced
57	Citigroup New York	$362M	+$68.1M	18	0.12%	Increased
58	VOYA Investment Management Atlanta, Georgia	$362M	+$136M	11	0.31%	Increased
59	Temasek Holdings Singapore	$355M	$0	1	0.95%	Maintained
60	Swiss National Bank Zurich, Switzerland	$353M	-$15.6M	13	0.18%	Reduced
61	Capital International Investors Los Angeles, California	$350M	-$15.9M	1	0.07%	Reduced
62	Quantinno Capital Management New York	$334M	+$61.6M	12	0.4%	Increased
63	Envestnet Asset Management Chicago, Illinois	$331M	+$3.99M	12	0.08%	Increased
64	AKO Capital London, United Kingdom	$329M	-$14M	1	7.66%	Reduced
65	Ninety One (UK) London, United Kingdom	$311M	-$92.4M	2	0.7%	Reduced
66	Robeco Institutional Asset Management Rotterdam, Netherlands	$304M	+$25.9M	3	0.37%	Increased
67	Vanguard Asset Management London, Ec4n 8af,	$296M	+$10.8M	13	0.2%	Increased
68	Victory Capital Management San Antonio, Texas	$289M	-$259M	10	0.16%	Reduced
69	Truist Financial Charlotte, North Carolina	$286M	+$21.4M	7	0.34%	Increased
70	Raymond James Financial St Petersburg, Florida	$270M	+$61.7M	13	0.07%	Increased
71	Massachusetts Financial Services Boston, Massachusetts	$264M	-$43.5M	2	0.08%	Reduced
72	Credit Agricole Montrouge Cedex, France	$263M	-$35.2M	6	0.53%	Reduced
73	Capital World Investors Los Angeles, California	$255M	-$69.2M	2	0.03%	Reduced
74	Gotham Asset Management New York	$254M	+$57.7M	8	0.59%	Increased
75	Jane Street New York	$253M	-$38.9M	14	0.02%	Reduced