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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
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$272M -$14.5M 12 0.35% Reduced
52
Millennium Management
Millennium Management
New York
$260M +$21.7M 12 0.4% Increased
53
Ninety One (UK)
Ninety One (UK)
United Kingdom
$259M +$85.6M 3 1.14% Increased
54
Teachers Advisors
Teachers Advisors
New York
$249M +$24.6M 11 0.34% Increased
55
Credit Agricole
Credit Agricole
France
$234M +$52.6M 8 0.8% Increased
56
Principal Financial Group
Principal Financial Group
Iowa
$231M +$11.5M 11 0.22% Increased
57
AllianceBernstein
AllianceBernstein
Tennessee
$229M -$110M 12 0.17% Reduced
58
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$225M +$34.7M 9 0.46% Increased
59
California Public Employees Retirement System
California Public Employees Retirement System
California
$224M +$5.03M 13 0.33% Increased
60
Two Sigma Advisers
Two Sigma Advisers
New York
$220M +$126M 10 0.62% Increased
61
Capital World Investors
Capital World Investors
California
$216M +$823K 3 0.05% Increased
62
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$216M +$20.4M 12 0.23% Increased
63
P
Pitcairn
Pennsylvania
$203M +$222K 4 23.01% Increased
64
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$201M +$13.6M 7 0.37% Increased
65
SRS Investment Management
SRS Investment Management
New York
$189M -$11.1M 1 3.9% Reduced
66
Winslow Capital Management
Winslow Capital Management
Minnesota
$186M +$179M 1 1% New
67
Citadel Advisors
Citadel Advisors
Florida
$184M -$64.5M 14 0.14% Reduced
68
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$184M -$1.16M 4 0.97% Reduced
69
Acadian Asset Management
Acadian Asset Management
Massachusetts
$184M +$107M 7 0.81% Increased
70
Causeway Capital Management
Causeway Capital Management
California
$183M -$11.4M 1 2.05% Reduced
71
Eaton Vance Management
Eaton Vance Management
Massachusetts
$181M -$93.8M 5 0.47% Reduced
72
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$172M +$1.19M 5 0.24% Increased
73
Diamond Hill Capital Management
Diamond Hill Capital Management
Ohio
$172M +$4.21M 1 0.91% Increased
74
Prudential Financial
Prudential Financial
New Jersey
$153M +$28.2M 10 0.22% Increased
75
BP
BBR Partners
New York
$151M -$47.5K 2 32.13% Reduced