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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
76
Perkins Investment Management
Perkins Investment Management
Illinois
$184M +$9.72M 2 1.49% Increased
77
P
Pitcairn
Pennsylvania
$181M -$281K 4 20.05% Reduced
78
BlackRock
BlackRock
New York
$179M -$19.1M 12 0.27% Reduced
79
Capital International Investors
Capital International Investors
California
$174M -$68.1M 1 0.45% Reduced
80
PCM
Pennant Capital Management
New Jersey
$174M +$8.54M 1 3.11% Increased
81
Charles Schwab
Charles Schwab
California
$173M +$3.42M 11 0.29% Increased
82
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$168M -$3.17M 5 0.39% Reduced
83
ABI
Abrams Bison Investments
Maryland
$164M -$94.7M 1 13.67% Reduced
84
Guggenheim Capital
Guggenheim Capital
Illinois
$163M +$30.5M 9 0.41% Increased
85
GTP
Global Thematic Partners
New York
$163M -$4.47M 1 2.5% Reduced
86
Discovery Capital Management
Discovery Capital Management
Connecticut
$163M -$73.8M 1 1.56% Reduced
87
HMP
HS Management Partners
New York
$160M +$25.8M 1 6.52% Increased
88
TGA
Trilogy Global Advisors
Florida
$156M +$52.5M 3 2.98% Increased
89
Fred Alger Management
Fred Alger Management
New York
$155M +$28.8M 5 0.77% Increased
90
WestEnd Advisors
WestEnd Advisors
North Carolina
$151M -$1.9M 3 7.4% Reduced
91
Two Sigma Investments
Two Sigma Investments
New York
$149M -$61.6M 6 0.67% Reduced
92
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$149M +$1.07M 11 0.37% Increased
93
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$145M -$3.7M 9 0.38% Reduced
94
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$143M +$372K 11 0.1% Increased
95
Barclays
Barclays
United Kingdom
$143M +$172K 12 0.15% Increased
96
VFA
Virtus Fund Advisers
Connecticut
$138M +$133M 11 0.96% New
97
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$133M +$3.52M 11 0.3% Increased
98
Gabelli Funds
Gabelli Funds
New York
$133M +$8.66M 7 0.66% Increased
99
Principal Financial Group
Principal Financial Group
Iowa
$132M +$3.87M 9 0.22% Increased
100
Bank of Montreal
Bank of Montreal
Ontario, Canada
$132M +$34.3M 11 0.15% Increased