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 |
Banco Santander
Madrid,
Spain
| $419M | +$64.6M | 5 | 5.5% | Increased |
|
| 52 |
AKO Capital
London,
United Kingdom
| $419M | -$8.06M | 2 | 6.33% | Reduced |
|
| 53 |
BCF
BLS Capital Fondsmaeglerselskab
Klampenborg,
Denmark
| $415M | +$224M | 1 | 9.59% | Increased |
|
| 54 |
UBS Group
Zurich,
Switzerland
| $413M | +$52.9M | 24 | 0.14% | Increased |
|
| 55 |
FI
Fosun International
Hong Kong,
China
| $410M | $0 | 1 | 57.47% | Maintained |
|
| 56 |
Macquarie Group
Sydney, NSW 2000,
Australia
| $410M | +$25.5M | 9 | 0.47% | Increased |
|
| 57 |
Wells Fargo
San Francisco,
California
| $401M | +$16.5M | 26 | 0.11% | Increased |
|
| 58 |
Barclays
London,
United Kingdom
| $364M | +$67.8M | 18 | 0.23% | Increased |
|
| 59 |
Credit Agricole
Montrouge Cedex,
France
| $347M | +$321M | 9 | 6.28% | Increased |
|
| 60 |
Millennium Management
New York
| $331M | -$7.2M | 17 | 0.16% | Reduced |
|
| 61 |
Capital World Investors
Los Angeles,
California
| $331M | +$163M | 4 | 0.06% | Increased |
|
| 62 |
Banque Pictet & Cie
Geneva 73,
Switzerland
| $315M | +$156M | 4 | 2.76% | Increased |
|
| 63 |
Axa
Paris,
France
| $309M | -$9.6M | 7 | 1.03% | Reduced |
|
| 64 |
Credit Suisse
Zurich,
Switzerland
| $304M | -$58.9M | 16 | 0.3% | Reduced |
|
| 65 |
MC
Martin Currie
Edinburgh,
United Kingdom
| $277M | +$66.9M | 2 | 9.33% | Increased |
|
| 66 |
AustralianSuper
Melbourne,
Australia
| $273M | -$1.6M | 2 | 1.73% | Reduced |
|
| 67 |
Fayez Sarofim & Co
Houston,
Texas
| $260M | -$17.1M | 4 | 0.91% | Reduced |
|
| 68 |
New York State Common Retirement Fund
Albany,
New York
| $254M | -$3.41M | 19 | 0.32% | Reduced |
|
| 69 |
Fidelity International
Hamilton,
Bermuda
| $238M | +$71.7M | 11 | 0.27% | Increased |
|
| 70 |
VOYA Investment Management
Atlanta,
Georgia
| $237M | -$47.5M | 13 | 0.25% | Reduced |
|
| 71 |
Citigroup
New York
| $232M | +$31.5M | 22 | 0.15% | Increased |
|
| 72 |
GRQ
Gardner Russo & Quinn
Lancaster,
Pennsylvania
| $228M | -$4.76M | 2 | 2.25% | Reduced |
|
| 73 |
Bank of Montreal
Toronto,
Ontario, Canada
| $226M | +$8.31M | 14 | 0.08% | Increased |
|
| 74 |
LT
Lindsell Train
London,
United Kingdom
| $221M | +$624K | 3 | 3.94% | Increased |
|
| 75 |
Stifel Financial
St. Louis,
Missouri
| $216M | -$10.2M | 11 | 0.3% | Reduced |
|