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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
Select Equity Group
Select Equity Group
New York
$151M -$219M 1 1.65% Reduced
102
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$151M +$22.6M 5 0.45% Increased
103
Fidelity International
Fidelity International
Bermuda
$146M -$110M 4 0.53% Reduced
104
Guggenheim Capital
Guggenheim Capital
Illinois
$141M +$12.7M 9 0.4% Increased
105
Samlyn Capital
Samlyn Capital
New York
$140M +$95.6M 2 3.27% Increased
106
ClearBridge Investments
ClearBridge Investments
New York
$140M -$404K 6 0.17% Reduced
107
HMP
HS Management Partners
New York
$138M -$15.6M 1 6.21% Reduced
108
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$137M -$5.92M 4 0.29% Reduced
109
Principal Financial Group
Principal Financial Group
Iowa
$133M +$1.69M 9 0.24% Increased
110
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$133M -$16.9M 10 0.31% Reduced
111
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$132M -$904K 11 0.39% Reduced
112
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$131M -$12M 2 0.5% Reduced
113
Credit Agricole
Credit Agricole
France
$127M +$17.5M 6 0.51% Increased
114
Fred Alger Management
Fred Alger Management
New York
$127M -$6.41M 3 0.63% Reduced
115
HCM
Herndon Capital Management
Georgia
$126M +$1.25M 2 1.6% Increased
116
Kornitzer Capital Management
Kornitzer Capital Management
Kansas
$124M +$8.76M 3 1.31% Increased
117
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$122M -$13.1M 9 0.4% Reduced
118
Winton Capital Management
Winton Capital Management
United Kingdom
$122M -$5.84M 5 0.84% Reduced
119
Axiom Investors
Axiom Investors
Connecticut
$121M -$41.2M 2 2.88% Reduced
120
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$119M +$26M 7 0.06% Increased
121
CLM
ClearBridge LLC (Maryland)
Maryland
$119M +$29.8M 4 2.26% Increased
122
Gabelli Funds
Gabelli Funds
New York
$118M +$1.04M 6 0.61% Increased
123
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$118M +$25.5M 4 0.9% Increased
124
Congress Asset Management
Congress Asset Management
Massachusetts
$118M +$57.1M 3 2.95% Increased
125
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$114M -$20.2M 12 0.18% Reduced