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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
101
KBC Group
KBC Group
Belgium
$166M +$2.08M 9 0.36% Increased
102
ProShare Advisors
ProShare Advisors
Maryland
$163M -$8.59M 9 0.24% Reduced
103
Korea Investment Corp
Korea Investment Corp
South Korea
$159M +$5.26M 3 0.3% Increased
104
Jennison Associates
Jennison Associates
New York
$159M -$124M 2 0.1% Reduced
105
Holocene Advisors
Holocene Advisors
New York
$158M -$23.3M 5 0.36% Reduced
106
Bank of Montreal
Bank of Montreal
Ontario, Canada
$154M +$7.15M 11 0.05% Increased
107
CAM
Contour Asset Management
New York
$151M +$141M 1 3.56% New
108
Vinva Investment Management
Vinva Investment Management
Australia
$150M +$67M 3 1% Increased
109
HSBC Holdings
HSBC Holdings
United Kingdom
$149M +$7.13M 10 0.06% Increased
110
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$146M +$95.3M 5 0.18% Increased
111
Nomura Asset Management International
Nomura Asset Management International
Pennsylvania
$139M -$65.5M 5 0.21% Reduced
112
Zurich Insurance Group
Zurich Insurance Group
Switzerland
$138M +$55.6M 3 0.96% Increased
113
Pacer Advisors
Pacer Advisors
Pennsylvania
$138M -$3.23M 6 0.35% Reduced
114
LSV Asset Management
LSV Asset Management
Illinois
$137M +$14.4M 4 0.25% Increased
115
Groupe la Francaise
Groupe la Francaise
France
$135M -$28M 4 1.63% Reduced
116
FI
Fosun International
China
$132M $0 1 29.56% Maintained
117
Principal Financial Group
Principal Financial Group
Iowa
$130M -$11.3M 8 0.06% Reduced
118
BCC
Biglari Capital Corp
Texas
$129M +$19.1M 1 10.81% Increased
119
Stifel Financial
Stifel Financial
Missouri
$129M +$81.4M 8 0.11% Increased
120
Vontobel Holding
Vontobel Holding
Switzerland
$126M -$65.9M 7 0.4% Reduced
121
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$125M +$69.6K 5 0.21% Increased
122
O'Shaughnessy Asset Management
O'Shaughnessy Asset Management
Connecticut
$121M -$22M 9 0.56% Reduced
123
California Public Employees Retirement System
California Public Employees Retirement System
California
$119M -$48.8M 3 0.07% Reduced
124
Hood River Capital Management
Hood River Capital Management
Florida
$118M +$26.6M 4 0.86% Increased
125
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$117M -$24.9M 7 0.19% Reduced