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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
Vontobel Asset Management
Vontobel Asset Management
New York
$97.8M +$92.9M 1 0.71% New
152
Ensign Peak Advisors
Ensign Peak Advisors
Utah
$97.7M +$6.32M 10 0.23% Increased
153
Baird Financial Group
Baird Financial Group
Wisconsin
$96.4M -$527K 4 0.27% Reduced
154
Federated Hermes
Federated Hermes
Pennsylvania
$95.4M -$17.8M 9 0.26% Reduced
155
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$95.2M +$2.57M 10 0.21% Increased
156
Artisan Partners
Artisan Partners
Wisconsin
$94.9M -$36.3M 1 0.16% Reduced
157
Man Group
Man Group
United Kingdom
$92.6M -$90.7M 0 – Closed
158
Swedbank
Swedbank
Sweden
$92.2M +$1.95M 4 0.21% Increased
159
Dragoneer Investment Group
Dragoneer Investment Group
California
$92.1M +$23.1M 1 2.36% Increased
160
Fuller & Thaler Asset Management
Fuller & Thaler Asset Management
California
$92M +$20.3M 3 0.63% Increased
161
Lazard Frères Gestion
Lazard Frères Gestion
France
$91.8M +$4.31M 1 3.3% Increased
162
Kayne Anderson Rudnick Investment Management
Kayne Anderson Rudnick Investment Management
California
$90.9M +$10.8M 2 0.29% Increased
163
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$90.9M +$14.1M 3 0.81% Increased
164
Markel Group
Markel Group
Virginia
$90.3M $0 2 1.29% Maintained
165
Silvercrest Asset Management
Silvercrest Asset Management
New York
$90.3M -$4.06M 8 0.69% Reduced
166
Zurich Insurance Group
Zurich Insurance Group
Switzerland
$88.5M +$12.3M 3 1.31% Increased
167
NONA
Ninety One North America
New York
$88.1M +$8.99M 1 3.9% Increased
168
Aviva
Aviva
United Kingdom
$86.2M +$24.7M 5 0.46% Increased
169
Natixis Advisors
Natixis Advisors
Massachusetts
$85.5M +$14.1M 6 0.38% Increased
170
Flossbach Von Storch
Flossbach Von Storch
Germany
$83.9M +$915K 2 0.28% Increased
171
1832 Asset Management
1832 Asset Management
Ontario, Canada
$81.5M +$26.2M 3 0.14% Increased
172
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$80.5M -$281M 2 0.3% Reduced
173
CCM
Candlestick Capital Management
Connecticut
$80.2M +$22.2M 1 2.04% Increased
174
Adage Capital Partners
Adage Capital Partners
Massachusetts
$78.9M +$66.6M 4 0.18% Increased
175
ESCM
Echo Street Capital Management
New York
$78.9M -$7.49M 3 0.72% Reduced