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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
Los Angeles Capital Management
Los Angeles Capital Management
California
$201M +$80.1M 8 1.11% Increased
77
Alecta Tjanstepension Omsesidigt
Alecta Tjanstepension Omsesidigt
Sweden
$198M -$44.4M 1 1.66% Reduced
78
Russell Investments Group
Russell Investments Group
United Kingdom
$197M -$2.37M 13 0.41% Reduced
79
Capital World Investors
Capital World Investors
California
$192M +$114M 2 0.04% Increased
80
Winslow Capital Management
Winslow Capital Management
Minnesota
$192M -$7.16M 1 1.01% Reduced
81
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$192M -$6.11M 13 0.19% Reduced
82
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$186M +$11.1M 13 0.2% Increased
83
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$181M +$87.6M 7 0.46% Increased
84
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$180M +$14.5M 6 0.43% Increased
85
Prudential Financial
Prudential Financial
New Jersey
$178M -$26.6M 10 0.27% Reduced
86
Stifel Financial
Stifel Financial
Missouri
$177M -$6.84M 8 0.54% Reduced
87
Causeway Capital Management
Causeway Capital Management
California
$173M +$6.34M 1 1.75% Increased
88
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$170M +$8.61M 11 0.34% Increased
89
BP
BBR Partners
New York
$169M +$5.36M 2 28.45% Increased
90
DCP
Darsana Capital Partners
New York
$169M -$32.9M 1 5.28% Reduced
91
Axa
Axa
France
$167M -$1.19M 7 0.64% Reduced
92
WCM Investment Management
WCM Investment Management
California
$161M +$7.46M 1 1.66% Increased
93
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$156M -$415K 8 0.99% Reduced
94
AC
Alatus Capital
Switzerland
$154M -$3.73M 1 62.94% Reduced
95
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$152M +$43.4M 1 6.98% Increased
96
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$151M +$3.09M 11 0.31% Increased
97
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$148M -$49.4M 3 0.34% Reduced
98
UBS Group
UBS Group
Switzerland
$147M -$12.5M 16 0.06% Reduced
99
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$146M +$40.8M 6 0.82% Increased
100
Aberdeen Group
Aberdeen Group
United Kingdom
$145M +$3.78M 6 0.28% Increased