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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
Bank of Montreal
Bank of Montreal
Ontario, Canada
$174M +$9.68M 14 0.08% Increased
102
Putnam Investments
Putnam Investments
Massachusetts
$173M +$29.6M 5 0.31% Increased
103
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$170M +$854K 15 0.17% Increased
104
Royce & Associates
Royce & Associates
New York
$169M +$25.5M 5 1.74% Increased
105
Public Employees Retirement Association of Colorado
Public Employees Retirement Association of Colorado
Colorado
$168M -$154K 10 0.92% Reduced
106
AQR Capital Management
AQR Capital Management
Connecticut
$165M -$7.33M 10 0.37% Reduced
107
Bessemer Group
Bessemer Group
New Jersey
$163M +$24.4M 12 0.41% Increased
108
Chevy Chase Trust
Chevy Chase Trust
Maryland
$161M -$4.91M 4 0.67% Reduced
109
Balyasny Asset Management
Balyasny Asset Management
Illinois
$158M +$66.1M 11 0.52% Increased
110
ClearBridge Investments
ClearBridge Investments
New York
$157M -$13.7M 2 0.15% Reduced
111
Russell Investments Group
Russell Investments Group
United Kingdom
$155M -$58.3M 15 0.32% Reduced
112
California Public Employees Retirement System
California Public Employees Retirement System
California
$154M -$8.81M 6 0.14% Reduced
113
Robeco Institutional Asset Management
Robeco Institutional Asset Management
Netherlands
$151M -$1.63M 6 0.47% Reduced
114
SCM
Suvretta Capital Management
New York
$143M -$22.5M 2 5.45% Reduced
115
Citigroup
Citigroup
New York
$143M -$20.6M 22 0.11% Reduced
116
Jupiter Asset Management
Jupiter Asset Management
United Kingdom
$137M +$6.1M 5 1.93% Increased
117
Renaissance Technologies
Renaissance Technologies
New York
$135M +$11.8M 19 0.16% Increased
118
Canada Pension Plan Investment Board
Canada Pension Plan Investment Board
Ontario, Canada
$135M +$21.2M 9 0.22% Increased
119
D.E. Shaw & Co
D.E. Shaw & Co
New York
$133M -$25.9M 15 0.16% Reduced
120
Envestnet Asset Management
Envestnet Asset Management
Illinois
$131M +$472K 16 0.07% Increased
121
BCF
BLS Capital Fondsmaeglerselskab
Denmark
$131M +$131M 1 4.68% New
122
National Pension Service
National Pension Service
South Korea
$131M +$9.93M 2 0.27% Increased
123
Lord, Abbett & Co
Lord, Abbett & Co
New Jersey
$129M -$62.1M 6 0.45% Reduced
124
Luther King Capital Management (LKCM)
Luther King Capital Management (LKCM)
Texas
$128M +$5.07M 3 0.72% Increased
125
Prudential Financial
Prudential Financial
New Jersey
$128M -$88.7M 11 0.2% Reduced