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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
NFA
Nationwide Fund Advisors
Ohio
$64.8M -$6.51M 11 0.29% Reduced
152
Jupiter Asset Management
Jupiter Asset Management
United Kingdom
$64.6M +$7.82M 1 2.52% Increased
153
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$63.8M -$12.9M 4 0.39% Reduced
154
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$63.6M +$14.5M 6 0.27% Increased
155
First Pacific Advisors
First Pacific Advisors
California
$63.2M -$27.2M 2 0.54% Reduced
156
RCM
Ratan Capital Management
Florida
$62.8M -$4.49M 1 13.72% Reduced
157
Winton Group
Winton Group
United Kingdom
$61.9M -$29.4M 3 0.49% Reduced
158
TD Asset Management
TD Asset Management
Ontario, Canada
$60.8M -$5.77M 5 0.12% Reduced
159
Stonehage Fleming Financial Services
Stonehage Fleming Financial Services
Jersey
$60.6M +$10.4M 3 6.47% Increased
160
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$60.5M -$34M 5 0.21% Reduced
161
Frontier Capital Management
Frontier Capital Management
Massachusetts
$58.4M +$269K 2 0.49% Increased
162
TGA
Trilogy Global Advisors
Florida
$58.1M -$24.7M 2 1.57% Reduced
163
ARC
Absolute Return Capital
Massachusetts
$58.1M -$34.1M 6 3.71% Reduced
164
Balyasny Asset Management
Balyasny Asset Management
Illinois
$57.6M -$14.6M 4 0.43% Reduced
165
US Bancorp
US Bancorp
Minnesota
$57.3M -$4.9M 13 0.24% Reduced
166
Markel Group
Markel Group
Virginia
$56.9M +$155K 3 1.5% Increased
167
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$56.6M +$20.2M 10 0.45% Increased
168
John W. Bristol & Co
John W. Bristol & Co
New York
$54.9M -$7.8M 1 1.47% Reduced
169
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$54.8M +$9.66M 8 0.29% Increased
170
Apex Capital Management
Apex Capital Management
Ohio
$54.6M +$2.07M 1 1.24% Increased
171
AC
Apex Capital
California
$53.1M -$660K 1 5.05% Reduced
172
Lazard Asset Management
Lazard Asset Management
New York
$52.4M +$5.27M 5 0.13% Increased
173
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$52.2M +$12.2M 12 0.13% Increased
174
ARGA Investment Management
ARGA Investment Management
Connecticut
$51.7M +$43.9M 3 14.82% Increased
175
Saturna Capital
Saturna Capital
Washington
$51.6M $0 1 1.62% Maintained