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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
SAM
Scopus Asset Management
New York
$211M +$134M 3 3.2% Increased
52
California Public Employees Retirement System
California Public Employees Retirement System
California
$207M -$5.51M 13 0.34% Reduced
53
Causeway Capital Management
Causeway Capital Management
California
$194M +$69.3M 1 2.63% Increased
54
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$189M +$5.49M 14 0.24% Increased
55
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$188M +$24.5M 9 0.49% Increased
56
Balyasny Asset Management
Balyasny Asset Management
Illinois
$187M +$111M 8 0.87% Increased
57
DIGDR
Dynamo Internacional Gestao de Recursos
Brazil
$180M +$17.2M 2 24.5% Increased
58
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$177M -$2.57M 1 0.99% Reduced
59
Principal Financial Group
Principal Financial Group
Iowa
$174M +$7.91M 11 0.21% Increased
60
P
Pitcairn
Pennsylvania
$172M -$1.26M 4 20.82% Reduced
61
Jennison Associates
Jennison Associates
New York
$169M -$146M 1 0.18% Reduced
62
Teachers Advisors
Teachers Advisors
New York
$168M -$10.6M 13 0.24% Reduced
63
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$166M -$3.91M 7 0.33% Reduced
64
Ninety One (UK)
Ninety One (UK)
United Kingdom
$162M -$56.3M 3 0.8% Reduced
65
VFA
Virtus Fund Advisers
Connecticut
$157M +$60.1M 4 1.48% Increased
66
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$151M -$5.34M 5 0.23% Reduced
67
Allianz Asset Management
Allianz Asset Management
Germany
$150M -$41.3M 4 0.15% Reduced
68
Millennium Management
Millennium Management
New York
$150M +$97.2M 11 0.28% Increased
69
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$150M -$10.7M 3 0.82% Reduced
70
Capital World Investors
Capital World Investors
California
$150M -$271M 3 0.04% Reduced
71
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$149M -$24.7M 13 0.23% Reduced
72
Adage Capital Partners
Adage Capital Partners
Massachusetts
$147M +$18.3M 8 0.37% Increased
73
BP
BBR Partners
New York
$141M -$111M 2 30.47% Reduced
74
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$134M -$6.02M 12 0.27% Reduced
75
Credit Agricole
Credit Agricole
France
$134M -$3.44M 9 0.41% Reduced