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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
British Columbia Investment Management
British Columbia Investment Management
British Columbia, Canada
$76.2M -$5.71M 6 0.58% Reduced
152
GAMCO Investors
GAMCO Investors
Connecticut
$75.5M -$12.3M 3 0.51% Reduced
153
Congress Asset Management
Congress Asset Management
Massachusetts
$75.2M +$893K 3 1.06% Increased
154
PFC
Poplar Forest Capital
California
$73.6M -$18.6M 2 6.27% Reduced
155
CCI
Columbus Circle Investors
$73.4M -$16.2M 2 1.49% Reduced
156
Vaughan Nelson Investment Management
Vaughan Nelson Investment Management
Texas
$72.9M -$10.2M 2 0.89% Reduced
157
D.E. Shaw & Co
D.E. Shaw & Co
New York
$72.4M -$29.3M 9 0.1% Reduced
158
Markel Group
Markel Group
Virginia
$70.8M -$4.39M 2 1.35% Reduced
159
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$70.5M +$36.4M 7 0.43% Increased
160
Saturna Capital
Saturna Capital
Washington
$68.7M +$11.5K 1 2.19% Increased
161
MSL
Mackay Shields LLC
New York
$68.6M +$64.6M 5 0.43% New
162
AMF Tjänstepension
AMF Tjänstepension
Sweden
$67.2M -$5.7M 1 0.7% Reduced
163
MC
Montag & Caldwell
Georgia
$67.1M -$43.8M 1 2.44% Reduced
164
Citigroup
Citigroup
New York
$67M -$10.1M 13 0.06% Reduced
165
Federated Hermes
Federated Hermes
Pennsylvania
$66.6M +$8.9M 11 0.19% Increased
166
National Pension Service
National Pension Service
South Korea
$66.1M -$5.57M 3 0.33% Reduced
167
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$65.2M +$60.3M 1 0.71% New
168
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$64.7M +$9.16M 12 0.59% Increased
169
Maverick Capital
Maverick Capital
Texas
$64.4M +$39.1M 5 0.83% Increased
170
MAMU
Marathon Asset Management (UK)
United Kingdom
$63.8M -$34.2M 1 0.99% Reduced
171
SFM
Systematic Financial Management
New Jersey
$61.7M +$12.5M 6 1.37% Increased
172
Jane Street
Jane Street
New York
$61.3M +$48.9M 11 0.16% Increased
173
SC
Shellback Capital
Massachusetts
$61.2M -$9.81M 4 4.46% Reduced
174
Miller Howard Investments
Miller Howard Investments
New York
$59.9M -$30.9M 1 1.42% Reduced
175
YCMGA
York Capital Management Global Advisors
New York
$59.9M +$520K 1 1.35% Increased