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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
Chevy Chase Trust
Chevy Chase Trust
Maryland
$156M +$8.27M 8 0.59% Increased
102
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$155M +$9.23M 5 0.38% Increased
103
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$155M +$7.51M 13 0.26% Increased
104
Citigroup
Citigroup
New York
$153M +$5.23M 16 0.11% Increased
105
Eaton Vance Management
Eaton Vance Management
Massachusetts
$151M +$6.97M 6 0.3% Increased
106
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$150M -$17.3M 9 0.36% Reduced
107
Two Sigma Advisers
Two Sigma Advisers
New York
$149M -$38.8M 7 0.35% Reduced
108
Primecap Management
Primecap Management
California
$145M +$4.89M 1 0.1% Increased
109
Ninety One (UK)
Ninety One (UK)
United Kingdom
$145M +$24.5M 2 0.48% Increased
110
Jupiter Asset Management
Jupiter Asset Management
United Kingdom
$144M -$30.1M 4 4.46% Reduced
111
Putnam Investments
Putnam Investments
Massachusetts
$142M -$511K 2 0.29% Reduced
112
ProShare Advisors
ProShare Advisors
Maryland
$141M -$2.17M 9 0.65% Reduced
113
HMP
HS Management Partners
New York
$138M +$124M 1 4.41% New
114
Point72 Asset Management
Point72 Asset Management
Connecticut
$134M +$4.86M 4 0.71% Increased
115
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$134M +$126M 2 0.23% Increased
116
ARGA Investment Management
ARGA Investment Management
Connecticut
$132M -$13.8M 2 14.98% Reduced
117
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$128M +$7.73M 10 0.3% Increased
118
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$127M -$995K 1 5.54% Reduced
119
IVM
InterWest Venture Management
California
$126M $0 1 54.48% Maintained
120
Los Angeles Capital Management
Los Angeles Capital Management
California
$124M +$8.88M 6 0.62% Increased
121
Fred Alger Management
Fred Alger Management
New York
$124M -$9.18M 5 0.46% Reduced
122
ACM
Atlanta Capital Management
Georgia
$123M +$4.78M 2 0.51% Increased
123
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$122M -$805K 11 0.3% Reduced
124
Gabelli Funds
Gabelli Funds
New York
$121M -$28.1M 5 0.79% Reduced
125
Sustainable Growth Advisers
Sustainable Growth Advisers
Connecticut
$120M -$44.6M 1 1.13% Reduced