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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
Alecta Tjanstepension Omsesidigt
Alecta Tjanstepension Omsesidigt
Sweden
$222M -$6.8M 1 1.62% Reduced
77
Aberdeen Group
Aberdeen Group
United Kingdom
$219M -$54.3M 6 0.53% Reduced
78
D.E. Shaw & Co
D.E. Shaw & Co
New York
$214M -$101M 10 0.24% Reduced
79
HSBC Holdings
HSBC Holdings
United Kingdom
$213M +$14.9M 12 0.37% Increased
80
Capital International Investors
Capital International Investors
California
$200M +$50.4M 2 0.07% Increased
81
Select Equity Group
Select Equity Group
New York
$199M +$1.39M 2 1.26% Increased
82
Prudential Financial
Prudential Financial
New Jersey
$199M +$12M 10 0.29% Increased
83
VP
Vitruvian Partners
United Kingdom
$197M $0 1 81.24% Maintained
84
Pictet Asset Management (UK)
Pictet Asset Management (UK)
United Kingdom
$194M +$79.9M 8 0.34% Increased
85
Waddell & Reed Financial
Waddell & Reed Financial
Kansas
$193M -$61.4M 2 0.48% Reduced
86
GHP
Great Hill Partners
Massachusetts
$188M +$191M 1 100% New
87
TCM
Tybourne Capital Management
Hong Kong
$187M +$23.2M 1 7.17% Increased
88
Artisan Partners
Artisan Partners
Wisconsin
$185M -$33.1M 2 0.32% Reduced
89
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$181M -$298M 8 0.36% Reduced
90
LT
Lindsell Train
United Kingdom
$175M +$9.88M 2 2.81% Increased
91
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$173M -$47.9M 9 0.28% Reduced
92
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$172M -$12.4M 15 0.17% Reduced
93
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$170M -$25.7M 6 0.54% Reduced
94
Victory Capital Management
Victory Capital Management
Texas
$169M +$1.37M 12 0.2% Increased
95
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$166M -$365K 10 0.94% Reduced
96
CPI
Canaan Partners IX
California
$166M +$169M 1 47.37% New
97
Marshall Wace
Marshall Wace
United Kingdom
$166M +$83M 10 1.14% Increased
98
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$165M +$3.73M 12 0.28% Increased
99
Millennium Management
Millennium Management
New York
$162M -$19.4M 13 0.2% Reduced
100
Raymond James & Associates
Raymond James & Associates
Florida
$158M +$8.24M 11 0.2% Increased