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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
51
PCM
Pennant Capital Management
New Jersey
$264M -$13.8M 1 5.24% Reduced
52
VFA
Virtus Fund Advisers
Connecticut
$255M +$72.9M 5 1.9% Increased
53
Allianz Asset Management
Allianz Asset Management
Germany
$247M +$6.39M 8 0.26% Increased
54
Managed Account Advisors
Managed Account Advisors
New Jersey
$247M -$101M 9 0.2% Reduced
55
Point72 Asset Management
Point72 Asset Management
Connecticut
$239M +$258M 6 1.66% Increased
56
Teachers Advisors
Teachers Advisors
New York
$238M +$22.7M 12 0.44% Increased
57
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$235M +$128M 11 0.1% Increased
58
Janus Henderson Investors US
Janus Henderson Investors US
Colorado
$233M -$5.37M 6 0.19% Reduced
59
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$226M -$28.8M 12 0.33% Reduced
60
MC
Montag & Caldwell
Georgia
$221M -$36.3M 1 3.14% Reduced
61
AQR Capital Management
AQR Capital Management
Connecticut
$217M +$103M 10 0.43% Increased
62
Guggenheim Capital
Guggenheim Capital
Illinois
$213M +$9.88M 8 0.53% Increased
63
California Public Employees Retirement System
California Public Employees Retirement System
California
$212M -$20.3M 13 0.32% Reduced
64
Jennison Associates
Jennison Associates
New York
$205M +$65.2M 3 0.19% Increased
65
P
Pitcairn
Pennsylvania
$205M -$26.2K 4 23.68% Reduced
66
Prudential Financial
Prudential Financial
New Jersey
$202M +$32.8M 10 0.36% Increased
67
Renaissance Technologies
Renaissance Technologies
New York
$200M +$49.4M 11 0.46% Increased
68
Legal & General Group
Legal & General Group
United Kingdom
$199M +$981K 9 0.23% Increased
69
Charles Schwab
Charles Schwab
California
$195M +$4.08M 11 0.27% Increased
70
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$195M -$10.7M 3 0.99% Reduced
71
Gotham Asset Management
Gotham Asset Management
New York
$194M +$158M 10 1.62% Increased
72
EC
Eminence Capital
New York
$191M +$181M 1 2.72% Increased
73
BlackRock Investment Management
BlackRock Investment Management
Delaware
$191M -$3.6M 13 0.24% Reduced
74
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$189M +$2.51M 3 0.1% Increased
75
Two Sigma Advisers
Two Sigma Advisers
New York
$188M +$54.8M 7 1.4% Increased