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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
201
OppenheimerFunds
OppenheimerFunds
New York
$42.9M -$22.5M 2 0.05% Reduced
202
GW&K Investment Management
GW&K Investment Management
Massachusetts
$41.9M -$1.07M 1 0.95% Reduced
203
RIM
Rainier Investment Management
Washington
$41.8M -$36.8M 2 1.33% Reduced
204
MAMU
Marathon Asset Management (UK)
United Kingdom
$41M -$6.73M 1 0.94% Reduced
205
PEAK6 Group
PEAK6 Group
Illinois
$40.5M +$24.7M 7 0.24% Increased
206
T
TOBAM
France
$40.2M -$14.2M 2 1.47% Reduced
207
Segall Bryant & Hamill
Segall Bryant & Hamill
Illinois
$39.8M -$115K 3 0.89% Reduced
208
SCM
SOL Capital Management
Maryland
$39.4M $0 2 14.4% Maintained
209
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$39.2M -$676K 8 0.23% Reduced
210
M&T Bank
M&T Bank
New York
$39.2M -$2.6M 7 0.24% Reduced
211
GC
GMT Capital
Georgia
$39.1M -$18.4M 1 1.02% Reduced
212
Federated Hermes
Federated Hermes
Pennsylvania
$39.1M -$3.8M 9 0.12% Reduced
213
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$39M +$35.8M 10 0.29% Increased
214
AL
AJO LP
Pennsylvania
$38.6M +$31.5M 2 0.16% Increased
215
Aviva
Aviva
United Kingdom
$37M -$11.5M 6 0.26% Reduced
216
Ariel Investments
Ariel Investments
Illinois
$36.5M +$1.57M 1 0.41% Increased
217
RCM
Riverhead Capital Management
Delaware
$36.3M +$9.9M 4 0.55% Increased
218
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$36M +$4.67M 6 0.43% Increased
219
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$36M +$12.3M 9 0.2% Increased
220
RS Investment Management
RS Investment Management
California
$35.9M -$8.86M 2 0.31% Reduced
221
CCP
Clough Capital Partners
Massachusetts
$35.8M -$26.7M 1 1.37% Reduced
222
AMF Tjänstepension
AMF Tjänstepension
Sweden
$35.4M -$4.12M 1 0.49% Reduced
223
CPM
Chesapeake Partners Management
Maryland
$35.3M -$4.23M 1 1.35% Reduced
224
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$34.6M +$4.38M 3 0.17% Increased
225
Parallax Volatility Advisers
Parallax Volatility Advisers
California
$33.3M +$28.4M 8 0.07% Increased