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 | |
|---|---|---|---|---|---|---|---|
| 1 |
Vanguard Group
Malvern,
Pennsylvania
| $3.34B | +$219M | 11 | 0.33% | Increased |
|
| 2 |
Fidelity Investments
Boston,
Massachusetts
| $3.28B | +$143M | 9 | 0.5% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $2.71B | +$119M | 11 | 0.33% | Increased |
|
| 4 |
Jennison Associates
New York
| $2.4B | +$76.9M | 4 | 2.51% | Increased |
|
| 5 |
BlackRock Institutional Trust
San Francisco,
California
| $2.09B | +$113M | 10 | 0.4% | Increased |
|
| 6 |
Bank of New York Mellon
New York
| $1.16B | +$34.4M | 12 | 0.34% | Increased |
|
| 7 |
JP Morgan Chase
New York
| $1.09B | +$42.7M | 9 | 0.32% | Increased |
|
| 8 |
Lone Pine Capital
Greenwich,
Connecticut
| $1.07B | -$377M | 2 | 4.77% | Reduced |
|
| 9 |
Winslow Capital Management
Minneapolis,
Minnesota
| $992M | +$284M | 3 | 3.22% | Increased |
|
| 10 |
Ameriprise
Minneapolis,
Minnesota
| $940M | -$54.9M | 10 | 0.62% | Reduced |
|
| 11 |
Northern Trust
Chicago,
Illinois
| $938M | +$24.1M | 11 | 0.33% | Increased |
|
| 12 |
BlackRock Fund Advisors
San Francisco,
California
| $929M | +$31.8M | 12 | 0.31% | Increased |
|
| 13 |
UBS AM
Chicago,
Illinois
| $919M | -$120M | 9 | 1.14% | Reduced |
|
| 14 |
American Century Companies
Kansas City,
Missouri
| $827M | -$12.3M | 7 | 1.04% | Reduced |
|
| 15 |
Wells Fargo
San Francisco,
California
| $734M | -$75.7M | 12 | 0.35% | Reduced |
|
| 16 |
Viking Global Investors
Stamford,
Connecticut
| $700M | -$487M | 1 | 3.86% | Reduced |
|
| 17 |
OppenheimerFunds
New York
| $661M | +$287M | 5 | 0.44% | Increased |
|
| 18 |
Morgan Stanley
New York
| $643M | -$12.5M | 12 | 0.3% | Reduced |
|
| 19 |
BlackRock Group
London,
United Kingdom
| $614M | +$72.7M | 10 | 0.41% | Increased |
|
| 20 |
Capital World Investors
Los Angeles,
California
| $606M | +$132M | 2 | 0.18% | Increased |
|
| 21 |
T. Rowe Price Associates
Baltimore,
Maryland
| $581M | -$372M | 7 | 0.15% | Reduced |
|
| 22 |
Dodge & Cox
San Francisco,
California
| $563M | +$198M | 1 | 0.64% | Increased |
|
| 23 |
Norges Bank
Oslo,
Norway
| $557M | +$1.25M | 7 | 0.33% | Increased |
|
| 24 |
Brown Advisory
Baltimore,
Maryland
| $533M | +$17.6M | 5 | 1.9% | Increased |
|
| 25 |
Artisan Partners
Milwaukee,
Wisconsin
| $518M | +$9.41M | 3 | 1% | Increased |
|