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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
Millennium Management
Millennium Management
New York
$223M +$64.2M 9 0.4% Increased
52
Jennison Associates
Jennison Associates
New York
$220M +$24.3M 1 0.23% Increased
53
Allianz Asset Management
Allianz Asset Management
Germany
$219M +$47.7M 5 0.21% Increased
54
Teachers Advisors
Teachers Advisors
New York
$213M +$28.8M 11 0.3% Increased
55
California Public Employees Retirement System
California Public Employees Retirement System
California
$211M -$6.86M 13 0.34% Reduced
56
Adage Capital Partners
Adage Capital Partners
Massachusetts
$209M +$44M 8 0.51% Increased
57
Corvex Management
Corvex Management
New York
$203M +$86.8M 1 6.6% Increased
58
Principal Financial Group
Principal Financial Group
Iowa
$201M +$17.9M 11 0.2% Increased
59
SRS Investment Management
SRS Investment Management
New York
$191M +$73.6M 1 4.61% Increased
60
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$191M +$7.86M 1 1.03% Increased
61
Capital World Investors
Capital World Investors
California
$190M +$18.8M 3 0.04% Increased
62
First Eagle Investment Management
First Eagle Investment Management
New York
$187M +$179M 2 0.45% New
63
Causeway Capital Management
Causeway Capital Management
California
$186M +$30.4M 1 2.3% Increased
64
P
Pitcairn
Pennsylvania
$180M -$357K 3 21.62% Reduced
65
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$180M +$19.4M 12 0.22% Increased
66
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$177M -$9.8M 9 0.41% Reduced
67
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$175M -$2.48M 7 0.34% Reduced
68
Ninety One (UK)
Ninety One (UK)
United Kingdom
$166M +$8.29M 3 0.79% Increased
69
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$166M +$2.63M 5 0.24% Increased
70
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$164M -$3.2M 3 0.88% Reduced
71
Credit Agricole
Credit Agricole
France
$161M +$14.4M 8 0.53% Increased
72
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$155M +$45M 7 0.38% Increased
73
Stifel Financial
Stifel Financial
Missouri
$144M -$1.06M 8 0.53% Reduced
74
Balyasny Asset Management
Balyasny Asset Management
Illinois
$137M -$64.1M 7 0.57% Reduced
75
ABI
Abrams Bison Investments
Maryland
$134M -$117M 1 23.36% Reduced