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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
Williams Jones Wealth Management
Williams Jones Wealth Management
New York
$128M +$5.64M 4 2.06% Increased
127
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$126M -$24.4M 7 0.54% Reduced
128
HSBC Holdings
HSBC Holdings
United Kingdom
$125M -$1.21M 14 0.18% Reduced
129
SEI Investments
SEI Investments
Pennsylvania
$124M +$13.6M 15 0.27% Increased
130
Wasatch Advisors
Wasatch Advisors
Utah
$124M +$13.7M 2 0.78% Increased
131
Two Sigma Advisers
Two Sigma Advisers
New York
$121M +$29.3M 13 0.34% Increased
132
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$119M -$1.73M 10 0.29% Reduced
133
PCM
Palestra Capital Management
New York
$118M +$25.2M 1 5.58% Increased
134
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$118M +$10.8M 12 0.31% Increased
135
Saturna Capital
Saturna Capital
Washington
$118M +$184K 1 2.78% Increased
136
Credit Agricole
Credit Agricole
France
$118M +$103M 7 2.87% Increased
137
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$116M -$972K 3 4.63% Reduced
138
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$115M -$5.59M 11 0.28% Reduced
139
Axiom Investors
Axiom Investors
Connecticut
$115M +$23.4M 1 3.46% Increased
140
Fred Alger Management
Fred Alger Management
New York
$115M -$128M 10 0.54% Reduced
141
Primecap Management
Primecap Management
California
$113M -$12.5M 1 0.1% Reduced
142
Pendal Group
Pendal Group
Australia
$112M +$14.7M 1 1.1% Increased
143
Allspring Global Investments
Allspring Global Investments
North Carolina
$109M -$14.3M 15 0.18% Reduced
144
Gabelli Funds
Gabelli Funds
New York
$108M +$616K 5 0.83% Increased
145
Two Sigma Investments
Two Sigma Investments
New York
$105M -$17M 12 0.35% Reduced
146
London Company of Virginia
London Company of Virginia
Virginia
$105M -$1.31M 1 0.64% Reduced
147
Korea Investment Corp
Korea Investment Corp
South Korea
$102M -$20.8M 3 0.31% Reduced
148
Canada Life
Canada Life
Manitoba, Canada
$99.6M +$14.9M 13 0.26% Increased
149
Westfield Capital Management
Westfield Capital Management
Massachusetts
$99.2M -$32M 1 0.78% Reduced
150
Mirova US
Mirova US
Massachusetts
$98.9M +$5.82M 1 2.13% Increased