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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
USAA
United Services Automobile Association
Texas
$36.6M +$280K 8 0.13% Increased
202
Suntrust Banks
Suntrust Banks
Georgia
$36.3M +$102K 9 0.22% Increased
203
Citigroup
Citigroup
New York
$36M -$59.9M 12 0.04% Reduced
204
CC
Carlson Capital
Texas
$35.2M -$4.96M 1 0.39% Reduced
205
GP
GLG Partners
United Kingdom
$35.2M +$25.8M 3 1.12% Increased
206
CCMH
Cornerstone Capital Management Holdings
New York
$35M +$6.44M 8 0.29% Increased
207
NIMC
NWQ Investment Management Company
California
$34.9M -$198K 1 0.54% Reduced
208
Aviva
Aviva
United Kingdom
$34.6M -$297K 6 0.26% Reduced
209
AMF Tjänstepension
AMF Tjänstepension
Sweden
$34.5M +$3.92M 1 0.49% Increased
210
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$34.4M -$1.2M 8 0.21% Reduced
211
SGAM
Smith Group Asset Management
Texas
$34.1M +$4.21M 3 1.01% Increased
212
Castleark Management
Castleark Management
Illinois
$34.1M +$19.4M 2 1.02% Increased
213
Nordea Investment Management
Nordea Investment Management
Sweden
$34M +$5.75M 6 0.12% Increased
214
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$33.9M -$5.55M 9 0.2% Reduced
215
HL Financial Services
HL Financial Services
Kentucky
$33.7M +$1.2M 3 0.86% Increased
216
Canada Life
Canada Life
Manitoba, Canada
$33.6M +$75.7K 9 0.13% Increased
217
Baillie Gifford & Co
Baillie Gifford & Co
United Kingdom
$33.4M +$8.72M 2 0.06% Increased
218
Commerzbank Aktiengesellschaft
Commerzbank Aktiengesellschaft
Germany
$33M -$2.5M 7 0.25% Reduced
219
ING Group
ING Group
Netherlands
$32.9M -$4.52M 3 0.2% Reduced
220
British Columbia Investment Management
British Columbia Investment Management
British Columbia, Canada
$32.5M +$5.74M 6 0.31% Increased
221
Epoch Investment Partners
Epoch Investment Partners
New York
$32.4M +$2.51M 2 0.13% Increased
222
PGGM Investments
PGGM Investments
Netherlands
$32.1M -$105K 2 0.17% Reduced
223
Douglass Winthrop Advisors
Douglass Winthrop Advisors
New York
$32M -$240K 3 2.37% Reduced
224
CCP
Clough Capital Partners
Massachusetts
$32M -$4.57M 1 1.5% Reduced
225
SG Americas Securities
SG Americas Securities
New York
$32M -$22.9M 6 0.23% Reduced