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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
126
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$107M -$1.94M 6 0.9% Reduced
127
GTP
Global Thematic Partners
New York
$106M +$9.86M 3 3.87% Increased
128
Adage Capital Partners
Adage Capital Partners
Massachusetts
$104M -$20M 6 0.24% Reduced
129
Raymond James & Associates
Raymond James & Associates
Florida
$104M +$637K 10 0.17% Increased
130
TD Asset Management
TD Asset Management
Ontario, Canada
$103M -$10.1M 10 0.16% Reduced
131
MSL
Mackay Shields LLC
New York
$103M +$35M 5 0.71% Increased
132
Gabelli Funds
Gabelli Funds
New York
$102M -$5.28M 6 0.61% Reduced
133
Glenmede Trust
Glenmede Trust
Pennsylvania
$101M -$30.8M 11 0.45% Reduced
134
Melvin Capital Management
Melvin Capital Management
New York
$101M +$98.6M 1 0.92% New
135
AAM
Ardevora Asset Management
United Kingdom
$99.9M -$33.2M 3 2.8% Reduced
136
Citigroup
Citigroup
New York
$99.3M +$28.1M 13 0.09% Increased
137
HL Financial Services
HL Financial Services
Kentucky
$98.9M +$59.2M 4 1.71% Increased
138
Vaughan Nelson Investment Management
Vaughan Nelson Investment Management
Texas
$95.4M +$20.6M 2 1.14% Increased
139
MP
MSD Partners
New York
$94.2M -$5.41M 1 4.04% Reduced
140
Korea Investment Corp
Korea Investment Corp
South Korea
$92.3M +$4.54M 5 0.42% Increased
141
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$91.6M +$37.4M 9 0.26% Increased
142
First Trust Advisors
First Trust Advisors
Illinois
$91.1M +$31.4M 10 0.19% Increased
143
ACI
AMP Capital Investors
Australia
$89.2M +$10.2M 8 0.49% Increased
144
Aperio Group
Aperio Group
California
$88.5M +$1.97M 12 0.42% Increased
145
Nordea Investment Management
Nordea Investment Management
Sweden
$87.8M +$3.24M 6 0.21% Increased
146
LT
Lindsell Train
United Kingdom
$86.7M -$9.44M 2 2.15% Reduced
147
Marshall Wace Asia
Marshall Wace Asia
Hong Kong
$86.4M -$33.1M 1 2.85% Reduced
148
Commerzbank Aktiengesellschaft
Commerzbank Aktiengesellschaft
Germany
$84.6M +$149K 9 0.8% Increased
149
Maverick Capital
Maverick Capital
Texas
$83.1M +$16.2M 4 0.97% Increased
150
Victory Capital Management
Victory Capital Management
Texas
$82.8M +$47.8M 10 0.18% Increased