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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
Allianz Asset Management
Allianz Asset Management
Germany
$257M +$22.7M 6 0.31% Increased
52
Prudential Financial
Prudential Financial
New Jersey
$236M +$44.1M 9 0.47% Increased
53
Guggenheim Capital
Guggenheim Capital
Illinois
$228M +$26M 8 0.7% Increased
54
Teachers Advisors
Teachers Advisors
New York
$227M +$4.2M 12 0.45% Increased
55
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$226M +$49.4M 3 0.13% Increased
56
Legal & General Group
Legal & General Group
United Kingdom
$225M +$41.4M 11 0.27% Increased
57
Credit Suisse
Credit Suisse
Switzerland
$223M -$87.7M 12 0.27% Reduced
58
Farallon Capital Management
Farallon Capital Management
California
$222M +$51.4M 1 2.93% Increased
59
Jennison Associates
Jennison Associates
New York
$214M +$11.4M 2 0.22% Increased
60
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$211M -$359K 12 0.33% Reduced
61
VFA
Virtus Fund Advisers
Connecticut
$205M -$25.8M 4 1.79% Reduced
62
P
Pitcairn
Pennsylvania
$197M +$15.8K 3 26.14% Increased
63
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$196M +$38M 12 0.38% Increased
64
California Public Employees Retirement System
California Public Employees Retirement System
California
$196M -$3.57M 13 0.33% Reduced
65
First Trust Advisors
First Trust Advisors
Illinois
$194M +$54.8M 8 0.56% Increased
66
Neuberger Berman Group
Neuberger Berman Group
New York
$192M -$89.6M 5 0.25% Reduced
67
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$189M -$29.7M 11 0.08% Reduced
68
Charles Schwab
Charles Schwab
California
$184M +$378K 12 0.27% Increased
69
D.E. Shaw & Co
D.E. Shaw & Co
New York
$182M +$54.5M 8 0.27% Increased
70
MC
Montag & Caldwell
Georgia
$182M -$24.4M 1 3.03% Reduced
71
Brandywine Global Investment Management
Brandywine Global Investment Management
Pennsylvania
$180M +$36.6M 3 1.18% Increased
72
Capital Research Global Investors
Capital Research Global Investors
California
$177M -$306M 1 0.06% Reduced
73
EC
Eminence Capital
New York
$176M -$15.6M 1 2.71% Reduced
74
BCPEM
Bain Capital Public Equity Management
Massachusetts
$176M -$102M 1 5.25% Reduced
75
BlackRock Investment Management
BlackRock Investment Management
Delaware
$173M -$5.99M 13 0.23% Reduced