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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
UBS AM
UBS AM
Illinois
$370M +$1.76M 12 0.23% Increased
52
Fidelity International
Fidelity International
Bermuda
$370M +$4.36M 11 0.51% Increased
53
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$364M +$337K 5 0.29% Increased
54
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$359M -$79.5M 8 0.84% Reduced
55
GRQ
Gardner Russo & Quinn
Pennsylvania
$351M -$14.1M 3 2.69% Reduced
56
Winslow Capital Management
Winslow Capital Management
Minnesota
$347M -$12.6M 1 1.8% Reduced
57
Franklin Resources
Franklin Resources
California
$331M -$186M 9 0.17% Reduced
58
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$325M +$82M 6 0.8% Increased
59
California Public Employees Retirement System
California Public Employees Retirement System
California
$325M -$8.98M 14 0.29% Reduced
60
Principal Financial Group
Principal Financial Group
Iowa
$319M -$1.52M 11 0.27% Reduced
61
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$296M -$26.7M 15 0.35% Reduced
62
IVAV
Index Venture Associates V
Jersey
$294M $0 1 98.2% Maintained
63
P
Pitcairn
Pennsylvania
$292M -$1.36M 4 26.97% Reduced
64
Wellington Management Group
Wellington Management Group
Massachusetts
$287M -$75.9M 10 0.06% Reduced
65
Citadel Advisors
Citadel Advisors
Florida
$286M +$43.7M 15 0.12% Increased
66
Bank of Montreal
Bank of Montreal
Ontario, Canada
$284M -$17M 16 0.21% Reduced
67
Axa
Axa
France
$270M +$43.2M 6 1.1% Increased
68
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$267M -$4.35M 4 1.29% Reduced
69
DCP
Darsana Capital Partners
New York
$265M $0 1 9.03% Maintained
70
Stifel Financial
Stifel Financial
Missouri
$245M +$3.41M 9 0.51% Increased
71
BP
BBR Partners
New York
$243M -$573K 2 26.57% Reduced
72
Lazard Asset Management
Lazard Asset Management
New York
$242M +$22.7M 3 0.35% Increased
73
Acadian Asset Management
Acadian Asset Management
Massachusetts
$239M -$55.9M 8 1.09% Reduced
74
Nordea Investment Management
Nordea Investment Management
Sweden
$236M +$42.8M 5 0.47% Increased
75
Russell Investments Group
Russell Investments Group
United Kingdom
$229M +$39.6M 14 0.43% Increased