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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
Principal Financial Group
Principal Financial Group
Iowa
$106M -$24.8M 10 0.15% Reduced
102
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$106M +$110M 1 0.16% New
103
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$106M +$609K 3 6.95% Increased
104
Artisan Partners
Artisan Partners
Wisconsin
$105M -$212M 1 0.22% Reduced
105
OppenheimerFunds
OppenheimerFunds
New York
$102M +$69.5M 10 0.13% Increased
106
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$102M +$18.4M 10 0.32% Increased
107
Analytic Investors
Analytic Investors
California
$101M -$4.94M 3 1.2% Reduced
108
Jupiter Asset Management
Jupiter Asset Management
United Kingdom
$99.6M +$418K 1 3.8% Increased
109
VFA
Virtus Fund Advisers
Connecticut
$99.4M +$14.8M 3 0.89% Increased
110
MTB
Mizuho Trust & Banking
Japan
$95.7M +$9.71M 5 0.29% Increased
111
Two Sigma Advisers
Two Sigma Advisers
New York
$94M +$39.2M 7 0.48% Increased
112
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$93.7M +$12.5M 4 0.71% Increased
113
WestEnd Advisors
WestEnd Advisors
North Carolina
$93.2M -$5.38M 1 4.94% Reduced
114
Chilton Investment Company
Chilton Investment Company
Connecticut
$93.1M +$1.05M 1 3.3% Increased
115
Miller Howard Investments
Miller Howard Investments
New York
$91.6M -$7.35M 1 1.64% Reduced
116
GH
GAM Holding
Switzerland
$90.5M +$10.1M 5 1.4% Increased
117
Nicholas Company
Nicholas Company
Wisconsin
$89.2M +$98.9M 1 1.8% Increased
118
GAMCO Investors
GAMCO Investors
Connecticut
$88.3M -$3.82M 5 0.58% Reduced
119
UBS Group
UBS Group
Switzerland
$88.2M -$1.21M 14 0.06% Reduced
120
Adage Capital Partners
Adage Capital Partners
Massachusetts
$87.7M -$4.36M 6 0.24% Reduced
121
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$87.4M +$5.03M 6 0.74% Increased
122
BlackRock Japan
BlackRock Japan
Japan
$87.4M -$4.18M 7 0.31% Reduced
123
Jupiter Investment Management
Jupiter Investment Management
United Kingdom
$86.6M +$4.98M 2 1.62% Increased
124
South Texas Money Management
South Texas Money Management
Texas
$85M -$16.4M 3 4.77% Reduced
125
HSBC Holdings
HSBC Holdings
United Kingdom
$84.6M -$103M 8 0.23% Reduced