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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
Orbis Allan Gray
Orbis Allan Gray
Bermuda
$148M +$138M 1 0.85% New
102
SAM
Scopus Asset Management
New York
$148M -$638K 2 1.97% Reduced
103
HSBC Holdings
HSBC Holdings
United Kingdom
$145M +$23.1M 12 0.23% Increased
104
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$140M -$5.95M 10 0.33% Reduced
105
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$137M -$111M 7 0.49% Reduced
106
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$134M -$27.1M 7 0.94% Reduced
107
Capital World Investors
Capital World Investors
California
$134M -$62M 2 0.03% Reduced
108
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$132M -$86.8M 5 0.37% Reduced
109
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$132M +$14.1M 13 0.19% Increased
110
BOI
Bank of Italy
Italy
$130M $0 1 6.66% Maintained
111
Holocene Advisors
Holocene Advisors
New York
$128M +$90.1M 5 2.07% Increased
112
Canada Life
Canada Life
Manitoba, Canada
$128M -$6.34M 12 0.3% Reduced
113
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$125M -$2.02M 11 0.32% Reduced
114
Pendal Group
Pendal Group
Australia
$123M +$95.1M 6 1.67% Increased
115
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$123M +$8.46M 7 0.58% Increased
116
OppenheimerFunds
OppenheimerFunds
New York
$123M +$43.7M 14 0.14% Increased
117
Citigroup
Citigroup
New York
$122M +$18.9M 14 0.11% Increased
118
Temasek Holdings
Temasek Holdings
Singapore
$122M +$127M 1 0.71% New
119
TCW Group
TCW Group
California
$121M -$4.73M 1 0.99% Reduced
120
Los Angeles Capital Management
Los Angeles Capital Management
California
$119M -$86.9M 7 0.62% Reduced
121
ACM
Atlanta Capital Management
Georgia
$117M -$6.28M 2 0.55% Reduced
122
Squarepoint
Squarepoint
New York
$116M +$41M 7 1.39% Increased
123
Victory Capital Management
Victory Capital Management
Texas
$116M +$27.5M 12 0.24% Increased
124
Adage Capital Partners
Adage Capital Partners
Massachusetts
$115M +$8.74M 7 0.26% Increased
125
TD Asset Management
TD Asset Management
Ontario, Canada
$114M +$4.83M 11 0.17% Increased