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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
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$345M -$53.1M 10 0.52% Reduced
52
GRQ
Gardner Russo & Quinn
Pennsylvania
$345M -$8.89M 3 2.69% Reduced
53
Wellington Management Group
Wellington Management Group
Massachusetts
$345M -$214M 10 0.08% Reduced
54
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$344M +$256K 5 0.3% Increased
55
Winslow Capital Management
Winslow Capital Management
Minnesota
$335M -$6.46M 1 1.83% Reduced
56
Barclays
Barclays
United Kingdom
$331M +$8.17M 17 0.21% Increased
57
Credit Suisse
Credit Suisse
Switzerland
$321M +$45.5M 14 0.27% Increased
58
California Public Employees Retirement System
California Public Employees Retirement System
California
$313M +$39.1M 14 0.31% Increased
59
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$308M -$9.62M 16 0.39% Reduced
60
Principal Financial Group
Principal Financial Group
Iowa
$299M +$12.6M 11 0.26% Increased
61
D.E. Shaw & Co
D.E. Shaw & Co
New York
$292M +$58.9M 11 0.36% Increased
62
Acadian Asset Management
Acadian Asset Management
Massachusetts
$288M -$24.8M 8 1.23% Reduced
63
Bank of Montreal
Bank of Montreal
Ontario, Canada
$287M -$1.45M 15 0.25% Reduced
64
Allianz Asset Management
Allianz Asset Management
Germany
$283M -$31.7M 10 0.28% Reduced
65
P
Pitcairn
Pennsylvania
$276M -$700K 4 27.22% Reduced
66
Aberdeen Group
Aberdeen Group
United Kingdom
$266M -$65.9M 6 0.66% Reduced
67
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$261M -$14.8M 4 1.35% Reduced
68
Artisan Partners
Artisan Partners
Wisconsin
$250M +$645K 2 0.47% Increased
69
DCP
Darsana Capital Partners
New York
$247M -$63.8M 1 9.14% Reduced
70
IVAV
Index Venture Associates V
Jersey
$245M $0 1 97.41% Maintained
71
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$245M -$85.3M 3 0.63% Reduced
72
Stifel Financial
Stifel Financial
Missouri
$230M -$7M 9 0.59% Reduced
73
BP
BBR Partners
New York
$229M -$1.08M 2 34.83% Reduced
74
Citadel Advisors
Citadel Advisors
Florida
$227M -$30.5M 14 0.11% Reduced
75
Select Equity Group
Select Equity Group
New York
$221M +$180M 2 1.5% Increased