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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
IVA
International Value Advisers
$40.1M -$46M 1 1.2% Reduced
202
Polar Asset Management Partners
Polar Asset Management Partners
Ontario, Canada
$39.4M +$8.92M 1 0.79% Increased
203
Glenview Trust
Glenview Trust
Kentucky
$39.2M +$1.73M 4 2.87% Increased
204
M&T Bank
M&T Bank
New York
$38.7M +$4.05M 8 0.21% Increased
205
British Columbia Investment Management
British Columbia Investment Management
British Columbia, Canada
$38.6M +$7.66M 7 0.3% Increased
206
Royce & Associates
Royce & Associates
New York
$37.9M -$5.54M 4 0.25% Reduced
207
Candriam SCA
Candriam SCA
Luxembourg
$37M -$8.75M 5 0.65% Reduced
208
SAM
Sentinel Asset Management
Vermont
$36.7M -$19.1M 1 0.88% Reduced
209
US Bancorp
US Bancorp
Minnesota
$36.7M +$1.46M 14 0.12% Increased
210
Oppenheimer Asset Management
Oppenheimer Asset Management
New York
$36.5M -$2.26M 8 0.95% Reduced
211
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$36.5M -$7.57M 11 0.34% Reduced
212
Disciplined Growth Investors
Disciplined Growth Investors
Minnesota
$35.6M -$708K 1 0.75% Reduced
213
CIM
Contrarius Investment Management
Jersey
$35.5M +$18M 2 2.08% Increased
214
DZ Bank
DZ Bank
Germany
$35.5M +$3.12M 5 0.15% Increased
215
DekaBank Deutsche Girozentrale
DekaBank Deutsche Girozentrale
Germany
$35.4M +$248K 7 0.28% Increased
216
State of Michigan Retirement System
State of Michigan Retirement System
Michigan
$35.4M -$1.59M 7 0.29% Reduced
217
GH
GAM Holding
Switzerland
$34.9M -$24.2M 4 1.47% Reduced
218
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$34.5M +$1.32M 10 0.41% Increased
219
Natixis Advisors
Natixis Advisors
Massachusetts
$34.3M +$2.93M 7 0.36% Increased
220
SI
Sapience Investments
California
$33.9M +$5.02M 1 4.74% Increased
221
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$33.8M -$39.7M 3 0.13% Reduced
222
Samlyn Capital
Samlyn Capital
New York
$33.7M +$36.9M 1 0.85% New
223
Eagle Asset Management
Eagle Asset Management
Florida
$33.7M -$1.14M 2 0.19% Reduced
224
AQR Arbitrage
AQR Arbitrage
Connecticut
$33.3M +$7.99M 1 0.36% Increased
225
VFA
Virtus Fund Advisers
Connecticut
$33.1M -$42.4M 2 0.34% Reduced