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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
Legal & General Group
Legal & General Group
United Kingdom
$253M -$240K 11 0.28% Reduced
52
Teachers Advisors
Teachers Advisors
New York
$251M -$25.3M 12 0.46% Reduced
53
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$249M +$15.6M 12 0.38% Increased
54
Allianz Asset Management
Allianz Asset Management
Germany
$244M +$10.8M 6 0.28% Increased
55
APG Asset Management
APG Asset Management
Netherlands
$242M +$67.4M 6 0.5% Increased
56
Farallon Capital Management
Farallon Capital Management
California
$237M +$36.7M 1 2.27% Increased
57
1832 Asset Management
1832 Asset Management
Ontario, Canada
$235M -$19.7M 2 0.57% Reduced
58
PCM
Pennant Capital Management
New Jersey
$232M +$31.8M 1 6.61% Increased
59
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$229M +$1.34M 13 0.37% Increased
60
Guggenheim Capital
Guggenheim Capital
Illinois
$228M -$13.2M 10 0.72% Reduced
61
Brandywine Global Investment Management
Brandywine Global Investment Management
Pennsylvania
$226M -$10.3M 6 1.48% Reduced
62
SAM
Scopus Asset Management
New York
$225M +$64.5M 3 3.8% Increased
63
Neuberger Berman Group
Neuberger Berman Group
New York
$223M -$33.8M 5 0.31% Reduced
64
California Public Employees Retirement System
California Public Employees Retirement System
California
$215M -$1.77M 13 0.35% Reduced
65
Charles Schwab
Charles Schwab
California
$214M +$2.37M 12 0.28% Increased
66
Swiss National Bank
Swiss National Bank
Switzerland
$214M +$82.6M 10 0.39% Increased
67
HSBC Holdings
HSBC Holdings
United Kingdom
$213M -$9.03M 9 0.6% Reduced
68
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$208M +$9.97M 12 0.13% Increased
69
Capital Research Global Investors
Capital Research Global Investors
California
$207M $0 1 0.07% Maintained
70
Marshall Wace
Marshall Wace
United Kingdom
$206M +$76.1M 4 1.98% Increased
71
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$202M -$64.7M 5 0.38% Reduced
72
P
Pitcairn
Pennsylvania
$199M +$452K 5 25.07% Increased
73
Prudential Financial
Prudential Financial
New Jersey
$190M -$16.3M 9 0.34% Reduced
74
Point72 Asset Management
Point72 Asset Management
Connecticut
$187M -$233M 5 1.43% Reduced
75
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$184M -$8.62M 3 1.06% Reduced