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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
Saturna Capital
Saturna Capital
Washington
$55.5M $0 1 1.56% Maintained
177
Korea Investment Corp
Korea Investment Corp
South Korea
$55.1M +$175K 6 0.47% Increased
178
KBC Group
KBC Group
Belgium
$54.7M +$18.3M 7 0.7% Increased
179
AC
Apex Capital
California
$53.6M +$15M 1 4.65% Increased
180
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$53.3M -$24.9M 5 0.2% Reduced
181
Thrivent Financial for Lutherans
Thrivent Financial for Lutherans
Minnesota
$53M +$9.49M 8 0.29% Increased
182
PGGM Investments
PGGM Investments
Netherlands
$52.1M +$6.68M 2 0.27% Increased
183
DePrince Race & Zollo Inc (DRZ)
DePrince Race & Zollo Inc (DRZ)
Florida
$51.6M -$7.67M 1 0.76% Reduced
184
Marsico Capital Management
Marsico Capital Management
Colorado
$51M +$51.8M 1 0.45% Increased
185
Apex Capital Management
Apex Capital Management
Ohio
$49.4M +$2.65M 1 1.06% Increased
186
Nuveen
Nuveen
North Carolina
$49.2M -$10.3M 6 0.26% Reduced
187
HCM
Highline Capital Management
New York
$48.1M +$4.57M 1 1.68% Increased
188
Analytic Investors
Analytic Investors
California
$48M +$4.11M 2 0.67% Increased
189
SCM
SAB Capital Management
New York
$48M +$64.3M 1 4.82% New
190
ACI
AMP Capital Investors
Australia
$47.9M +$7.04M 6 0.31% Increased
191
Canada Life
Canada Life
Manitoba, Canada
$47.5M -$118K 11 0.16% Reduced
192
NIMC
NWQ Investment Management Company
California
$47.4M -$2.78M 1 0.66% Reduced
193
STRS Ohio
STRS Ohio
Ohio
$45.9M +$27.9M 9 0.2% Increased
194
UBS O'Connor
UBS O'Connor
Illinois
$45.2M +$22M 1 0.37% Increased
195
Lazard Asset Management
Lazard Asset Management
New York
$44.8M -$8.61M 5 0.09% Reduced
196
Adage Capital Partners
Adage Capital Partners
Massachusetts
$44.7M -$105M 4 0.11% Reduced
197
Commerzbank Aktiengesellschaft
Commerzbank Aktiengesellschaft
Germany
$44.2M +$32.8M 6 0.23% Increased
198
Melvin Capital Management
Melvin Capital Management
New York
$43.3M -$3.95M 1 2.34% Reduced
199
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$43.3M +$14.8M 12 0.12% Increased
200
USAA
United Services Automobile Association
Texas
$43.2M -$6.74M 8 0.15% Reduced