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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
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$149M +$20.4M 2 0.33% Increased
77
Jupiter Asset Management
Jupiter Asset Management
United Kingdom
$147M +$35.3M 2 5.01% Increased
78
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$146M +$75.7M 13 0.15% Increased
79
Stifel Financial
Stifel Financial
Missouri
$146M -$8.5M 9 0.51% Reduced
80
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$141M +$1.55M 13 0.17% Increased
81
ABI
Abrams Bison Investments
Maryland
$141M $0 1 23.48% Maintained
82
USS Investment Management
USS Investment Management
United Kingdom
$140M $0 2 1.09% Maintained
83
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$136M +$777K 7 0.31% Increased
84
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$136M +$7.55M 3 6.64% Increased
85
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$133M -$3.78M 11 0.29% Reduced
86
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$132M +$136M 4 1.22% Increased
87
Marshall Wace North America
Marshall Wace North America
New York
$131M +$78.4M 8 0.83% Increased
88
DCP
Darsana Capital Partners
New York
$130M +$125M 1 5.47% New
89
Barclays
Barclays
United Kingdom
$128M +$7.61M 13 0.13% Increased
90
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$127M +$10.1M 8 0.79% Increased
91
Russell Investments Group
Russell Investments Group
United Kingdom
$123M +$3.22M 13 0.21% Increased
92
UBS Group
UBS Group
Switzerland
$122M -$4.87M 16 0.06% Reduced
93
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$121M +$9.93M 7 0.34% Increased
94
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$118M +$3.34M 10 0.29% Increased
95
Arrowstreet Capital
Arrowstreet Capital
Massachusetts
$118M +$109M 5 0.32% Increased
96
Fidelity International
Fidelity International
Bermuda
$117M +$17.7M 5 0.34% Increased
97
D.E. Shaw & Co
D.E. Shaw & Co
New York
$117M +$77.2M 10 0.18% Increased
98
TCW Group
TCW Group
California
$113M +$13.4M 2 0.9% Increased
99
Aberdeen Group
Aberdeen Group
United Kingdom
$113M +$108M 7 0.21% New
100
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$113M +$27.9M 6 0.33% Increased