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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
151
Citigroup
Citigroup
New York
$85.6M -$10.1M 11 0.08% Reduced
152
MSA
Mason Street Advisors
Wisconsin
$82.9M +$36.8M 11 0.58% Increased
153
AQR Capital Management
AQR Capital Management
Connecticut
$80.3M +$48.6M 8 0.17% Increased
154
AC
Apex Capital
California
$80.3M +$14M 2 5.62% Increased
155
Swiss National Bank
Swiss National Bank
Switzerland
$79M -$3.96M 10 0.3% Reduced
156
Disciplined Growth Investors
Disciplined Growth Investors
Minnesota
$78.1M -$388K 1 1.86% Reduced
157
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$78.1M +$3.9M 11 0.89% Increased
158
Comerica Bank
Comerica Bank
Texas
$77.1M +$37.7M 9 0.33% Increased
159
Kornitzer Capital Management
Kornitzer Capital Management
Kansas
$76.7M -$3.73M 3 0.89% Reduced
160
PGGM Investments
PGGM Investments
Netherlands
$73.6M -$190K 3 0.33% Reduced
161
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$73.6M -$2.67M 6 0.28% Reduced
162
Royce & Associates
Royce & Associates
New York
$72.6M +$10.1M 3 0.25% Increased
163
US Bancorp
US Bancorp
Minnesota
$72.5M -$430K 13 0.28% Reduced
164
TD Asset Management
TD Asset Management
Ontario, Canada
$71.4M +$4.51M 5 0.12% Increased
165
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$71M +$5.16M 5 0.19% Increased
166
Canada Life
Canada Life
Manitoba, Canada
$71M +$241K 10 0.23% Increased
167
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$70.9M +$6.37M 2 0.76% Increased
168
HCM
Highfields Capital Management
Massachusetts
$70.8M -$33.2M 1 0.6% Reduced
169
CCM
Cornerstone Capital Management
Minnesota
$68.9M +$36.7M 1 2.24% Increased
170
Victory Capital Management
Victory Capital Management
Texas
$67.5M +$14.8M 2 0.25% Increased
171
Chevy Chase Trust
Chevy Chase Trust
Maryland
$65.7M -$1.64M 6 0.41% Reduced
172
Eaton Vance Management
Eaton Vance Management
Massachusetts
$65.1M +$32.9M 5 0.19% Increased
173
DePrince Race & Zollo Inc (DRZ)
DePrince Race & Zollo Inc (DRZ)
Florida
$64.1M -$2.26M 1 0.87% Reduced
174
Winton Group
Winton Group
United Kingdom
$64.1M -$27.5M 4 0.79% Reduced
175
Capital International Investors
Capital International Investors
California
$62.6M -$44.8M 1 0.13% Reduced