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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
BP
BBR Partners
New York
$208M +$33.6M 2 30.11% Increased
77
Viking Global Investors
Viking Global Investors
Connecticut
$208M +$200M 1 1.15% New
78
Two Sigma Investments
Two Sigma Investments
New York
$207M +$155M 6 0.57% Increased
79
Alecta Tjanstepension Omsesidigt
Alecta Tjanstepension Omsesidigt
Sweden
$202M $0 1 1.72% Maintained
80
Bank of Montreal
Bank of Montreal
Ontario, Canada
$197M -$26.4M 14 0.15% Reduced
81
Aberdeen Group
Aberdeen Group
United Kingdom
$196M +$43.8M 6 0.36% Increased
82
Causeway Capital Management
Causeway Capital Management
California
$192M -$11.6M 1 1.93% Reduced
83
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$185M +$224K 7 0.39% Increased
84
Stifel Financial
Stifel Financial
Missouri
$179M -$4.75M 10 0.51% Reduced
85
Sustainable Growth Advisers
Sustainable Growth Advisers
Connecticut
$178M +$60M 1 1.98% Increased
86
Russell Investments Group
Russell Investments Group
United Kingdom
$177M -$26.7M 13 0.34% Reduced
87
Axa
Axa
France
$171M -$4.07M 7 0.63% Reduced
88
Ninety One (UK)
Ninety One (UK)
United Kingdom
$170M -$60.9M 3 0.64% Reduced
89
Prudential Financial
Prudential Financial
New Jersey
$169M -$19.7M 10 0.25% Reduced
90
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$169M +$6M 4 0.96% Increased
91
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$168M -$7.99M 11 0.32% Reduced
92
Eaton Vance Management
Eaton Vance Management
Massachusetts
$166M -$65.5M 5 0.37% Reduced
93
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$164M -$30.2M 12 0.17% Reduced
94
UBS Group
UBS Group
Switzerland
$163M +$9.88M 17 0.06% Increased
95
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$160M +$36.4M 6 0.37% Increased
96
Asset Management One
Asset Management One
Japan
$158M +$18M 6 0.32% Increased
97
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$156M -$459K 11 0.3% Reduced
98
Marshall Wace
Marshall Wace
United Kingdom
$152M +$123M 8 1.3% Increased
99
AC
Alatus Capital
Switzerland
$151M -$4.7M 1 58.46% Reduced
100
Antipodes Partners
Antipodes Partners
Australia
$149M +$15.6M 1 6.91% Increased