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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
Teachers Advisors
Teachers Advisors
New York
$253M +$15.9M 12 0.47% Increased
52
Balyasny Asset Management
Balyasny Asset Management
Illinois
$246M +$193M 5 1.71% Increased
53
Legal & General Group
Legal & General Group
United Kingdom
$243M +$10.7M 11 0.27% Increased
54
Jennison Associates
Jennison Associates
New York
$241M +$32.1M 3 0.24% Increased
55
Capital Research Global Investors
Capital Research Global Investors
California
$240M +$77.2M 1 0.08% Increased
56
Credit Suisse
Credit Suisse
Switzerland
$234M +$422K 12 0.27% Increased
57
Allianz Asset Management
Allianz Asset Management
Germany
$233M -$31.4M 5 0.26% Reduced
58
Guggenheim Capital
Guggenheim Capital
Illinois
$226M -$3.31M 8 0.66% Reduced
59
Fred Alger Management
Fred Alger Management
New York
$211M +$78.9M 4 1.03% Increased
60
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$210M -$5.06M 13 0.32% Reduced
61
HSBC Holdings
HSBC Holdings
United Kingdom
$207M -$127M 8 0.5% Reduced
62
P
Pitcairn
Pennsylvania
$203M +$502K 4 22.58% Increased
63
California Public Employees Retirement System
California Public Employees Retirement System
California
$201M +$2.49M 13 0.32% Increased
64
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$200M +$147K 12 0.34% Increased
65
Farallon Capital Management
Farallon Capital Management
California
$197M -$5.08M 1 1.75% Reduced
66
PCM
Pennant Capital Management
New Jersey
$196M -$70.4M 1 5% Reduced
67
Charles Schwab
Charles Schwab
California
$194M +$7.94M 12 0.26% Increased
68
Eaton Vance Management
Eaton Vance Management
Massachusetts
$192M +$36.4M 6 0.57% Increased
69
BlackRock
BlackRock
New York
$183M +$18.6M 13 0.27% Increased
70
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$180M -$1.85M 3 1.04% Reduced
71
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$180M +$31M 13 0.12% Increased
72
BlackRock Investment Management
BlackRock Investment Management
Delaware
$175M -$1.8M 13 0.22% Reduced
73
Prudential Financial
Prudential Financial
New Jersey
$174M -$57.3M 9 0.31% Reduced
74
Brandywine Global Investment Management
Brandywine Global Investment Management
Pennsylvania
$173M +$1.16M 4 1.1% Increased
75
Alecta Tjanstepension Omsesidigt
Alecta Tjanstepension Omsesidigt
Sweden
$167M +$61.8M 1 1.73% Increased