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
| $4.39B | +$115M | 12 | 0.37% | Increased |
|
| 2 |
State Street
Boston,
Massachusetts
| $3.22B | -$172M | 12 | 0.37% | Reduced |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $2.78B | -$623M | 9 | 0.39% | Reduced |
|
| 4 |
BlackRock Institutional Trust
San Francisco,
California
| $2.24B | -$10.1M | 12 | 0.39% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.44B | +$686M | 8 | 0.32% | Increased |
|
| 6 |
Jennison Associates
New York
| $1.43B | -$984M | 2 | 1.37% | Reduced |
|
| 7 |
Bank of New York Mellon
New York
| $1.23B | -$82.8M | 13 | 0.33% | Reduced |
|
| 8 |
BlackRock Fund Advisors
San Francisco,
California
| $1.19B | -$6.9M | 13 | 0.35% | Reduced |
|
| 9 |
Northern Trust
Chicago,
Illinois
| $1.11B | +$22.3M | 12 | 0.35% | Increased |
|
| 10 |
Ameriprise
Minneapolis,
Minnesota
| $966M | -$172M | 12 | 0.58% | Reduced |
|
| 11 |
Lone Pine Capital
Greenwich,
Connecticut
| $921M | +$20.4M | 2 | 4.01% | Increased |
|
| 12 |
Citadel Advisors
Miami,
Florida
| $862M | +$193M | 12 | 1.01% | Increased |
|
| 13 |
American Century Companies
Kansas City,
Missouri
| $832M | +$85.1M | 6 | 0.98% | Increased |
|
| 14 |
Dodge & Cox
San Francisco,
California
| $798M | +$47.8M | 1 | 0.82% | Increased |
|
| 15 |
UBS AM
Chicago,
Illinois
| $790M | +$14.8M | 10 | 0.84% | Increased |
|
| 16 |
Wells Fargo
San Francisco,
California
| $721M | -$225M | 13 | 0.31% | Reduced |
|
| 17 |
Goldman Sachs
New York
| $680M | +$123M | 12 | 0.22% | Increased |
|
| 18 |
TIAA CREF Investment Management
New York
| $629M | +$97.2M | 11 | 0.45% | Increased |
|
| 19 |
BlackRock Group
London,
United Kingdom
| $627M | +$5.37M | 10 | 0.39% | Increased |
|
| 20 |
Viking Global Investors
Stamford,
Connecticut
| $622M | -$251M | 1 | 2.61% | Reduced |
|
| 21 |
Norges Bank
Oslo,
Norway
| $611M | +$38.8M | 9 | 0.34% | Increased |
|
| 22 |
Corvex Management
New York
| $581M | +$404M | 1 | 8.16% | Increased |
|
| 23 |
Geode Capital Management
Boston,
Massachusetts
| $579M | +$4.32M | 12 | 0.39% | Increased |
|
| 24 |
Artisan Partners
Milwaukee,
Wisconsin
| $576M | +$32.7M | 3 | 1.01% | Increased |
|
| 25 |
MC
Montag & Caldwell
Atlanta,
Georgia
| $572M | -$114M | 3 | 5.01% | Reduced |
|