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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
176
Apex Capital Management
Apex Capital Management
Ohio
$66.7M -$8.25M 1 2.05% Reduced
177
Bessemer Group
Bessemer Group
New Jersey
$66.7M +$22.2M 8 0.41% Increased
178
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$66.5M -$58.2M 5 0.18% Reduced
179
Citigroup
Citigroup
New York
$66.4M +$16.7M 11 0.06% Increased
180
ACP
Ashfield Capital Partners
California
$66.3M -$13.6M 3 3.12% Reduced
181
Victory Capital Management
Victory Capital Management
Texas
$65.2M -$8.53M 3 0.44% Reduced
182
DePrince Race & Zollo Inc (DRZ)
DePrince Race & Zollo Inc (DRZ)
Florida
$64.2M +$8.28M 2 0.75% Increased
183
Ariel Investments
Ariel Investments
Illinois
$64.1M +$12.8M 1 0.78% Increased
184
ING Group
ING Group
Netherlands
$63.6M +$1.51M 5 0.32% Increased
185
TD Asset Management
TD Asset Management
Ontario, Canada
$63.5M +$1.82M 5 0.11% Increased
186
Lazard Asset Management
Lazard Asset Management
New York
$63.3M -$12M 4 0.13% Reduced
187
UBS O'Connor
UBS O'Connor
Illinois
$63.2M -$27.5M 2 0.4% Reduced
188
Thornburg Investment Management
Thornburg Investment Management
New Mexico
$62.8M -$1.22M 1 0.25% Reduced
189
PGGM Investments
PGGM Investments
Netherlands
$62.1M +$6.47M 3 0.3% Increased
190
Royce & Associates
Royce & Associates
New York
$62M +$12.9M 3 0.18% Increased
191
Nuveen
Nuveen
North Carolina
$61.8M +$32.1M 7 0.38% Increased
192
SEI Trust Company
SEI Trust Company
Pennsylvania
$61.6M -$4.93M 8 0.59% Reduced
193
Chevy Chase Trust
Chevy Chase Trust
Maryland
$60.8M +$6.49M 6 0.42% Increased
194
Two Sigma Advisers
Two Sigma Advisers
New York
$60.5M -$41.8M 7 0.47% Reduced
195
SG Americas Securities
SG Americas Securities
New York
$59.4M -$27.5M 7 0.34% Reduced
196
London Company of Virginia
London Company of Virginia
Virginia
$58.1M -$9.01M 1 0.63% Reduced
197
Suntrust Banks
Suntrust Banks
Georgia
$58M -$132M 8 0.4% Reduced
198
Frontier Capital Management
Frontier Capital Management
Massachusetts
$58M -$2.39M 1 0.43% Reduced
199
HCM
Highline Capital Management
New York
$57.1M +$6.09M 1 2.9% Increased
200
I.G. Investment Management
I.G. Investment Management
Manitoba, Canada
$55.4M +$4.35M 4 0.19% Increased