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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
SAM
Scopus Asset Management
New York
$253M +$58.2M 4 3.29% Increased
102
Harding Loevner
Harding Loevner
New Jersey
$249M -$870K 1 0.94% Reduced
103
Marshall Wace
Marshall Wace
United Kingdom
$249M +$16.6M 13 1.12% Increased
104
MC
Martin Currie
United Kingdom
$248M +$114M 3 8.55% Increased
105
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$243M +$35.4M 4 0.54% Increased
106
Prudential Financial
Prudential Financial
New Jersey
$242M +$33.8M 11 0.33% Increased
107
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$240M -$6.1M 14 0.32% Reduced
108
SM
Senvest Management
New York
$238M +$20.9M 2 6.94% Increased
109
Two Sigma Investments
Two Sigma Investments
New York
$234M +$125M 11 0.53% Increased
110
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$232M -$5.48M 14 0.29% Reduced
111
Chevy Chase Trust
Chevy Chase Trust
Maryland
$231M +$2.36M 4 0.79% Increased
112
Raymond James & Associates
Raymond James & Associates
Florida
$230M -$741K 15 0.21% Reduced
113
Putnam Investments
Putnam Investments
Massachusetts
$229M -$16.7M 2 0.36% Reduced
114
First Trust Advisors
First Trust Advisors
Illinois
$229M +$165M 10 0.25% Increased
115
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$226M -$766K 10 0.98% Reduced
116
LT
Lindsell Train
United Kingdom
$225M $0 3 2.91% Maintained
117
William Blair Investment Management
William Blair Investment Management
Illinois
$224M +$751K 4 0.7% Increased
118
Rathbones Group
Rathbones Group
United Kingdom
$220M +$3.77M 2 2.45% Increased
119
LCP
LGT Capital Partners
Switzerland
$220M +$15.3M 1 6.23% Increased
120
Fidelity International
Fidelity International
Bermuda
$215M -$36.4M 9 0.23% Reduced
121
NN Investment Partners Holdings
NN Investment Partners Holdings
Netherlands
$213M -$27.1M 2 1.14% Reduced
122
Russell Investments Group
Russell Investments Group
United Kingdom
$212M +$31.1M 14 0.35% Increased
123
ACM
Atlanta Capital Management
Georgia
$212M -$6.1M 2 0.73% Reduced
124
Primecap Management
Primecap Management
California
$209M -$4.61M 1 0.14% Reduced
125
Citigroup
Citigroup
New York
$209M -$90.6M 19 0.13% Reduced