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
| $4.44B | +$196M | 12 | 0.35% | Increased |
|
| 2 |
State Street
Boston,
Massachusetts
| $3.13B | +$21.2M | 12 | 0.34% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $2.76B | -$114M | 9 | 0.37% | Reduced |
|
| 4 |
BlackRock Institutional Trust
San Francisco,
California
| $2.16B | -$25.8M | 12 | 0.36% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.72B | +$430M | 7 | 0.37% | Increased |
|
| 6 |
Norges Bank
Oslo,
Norway
| $1.22B | +$634M | 9 | 0.33% | Increased |
|
| 7 |
Bank of New York Mellon
New York
| $1.19B | +$24.8M | 13 | 0.32% | Increased |
|
| 8 |
BlackRock Fund Advisors
San Francisco,
California
| $1.16B | +$22.8M | 13 | 0.33% | Increased |
|
| 9 |
Wellington Management Group
Boston,
Massachusetts
| $1.08B | +$450M | 8 | 0.29% | Increased |
|
| 10 |
Lone Pine Capital
Greenwich,
Connecticut
| $1.02B | +$150M | 1 | 4.13% | Increased |
|
| 11 |
Northern Trust
Chicago,
Illinois
| $1.01B | -$59M | 12 | 0.31% | Reduced |
|
| 12 |
Jennison Associates
New York
| $1B | -$379M | 2 | 0.92% | Reduced |
|
| 13 |
Ameriprise
Minneapolis,
Minnesota
| $969M | +$989K | 12 | 0.57% | Increased |
|
| 14 |
American Century Companies
Kansas City,
Missouri
| $962M | +$117M | 6 | 1.1% | Increased |
|
| 15 |
Morgan Stanley
New York
| $771M | +$260M | 13 | 0.3% | Increased |
|
| 16 |
Citadel Advisors
Miami,
Florida
| $715M | -$157M | 10 | 0.82% | Reduced |
|
| 17 |
UBS AM
Chicago,
Illinois
| $711M | -$76.3M | 10 | 0.72% | Reduced |
|
| 18 |
Brown Advisory
Baltimore,
Maryland
| $676M | +$75M | 5 | 2.13% | Increased |
|
| 19 |
TIAA CREF Investment Management
New York
| $669M | +$44.1M | 11 | 0.47% | Increased |
|
| 20 |
JP Morgan Chase
New York
| $650M | +$147M | 10 | 0.17% | Increased |
|
| 21 |
Corvex Management
New York
| $623M | +$14.8M | 1 | 7.39% | Increased |
|
| 22 |
Wells Fargo
San Francisco,
California
| $614M | -$86.1M | 13 | 0.25% | Reduced |
|
| 23 |
Dodge & Cox
San Francisco,
California
| $599M | +$62.5M | 1 | 0.57% | Increased |
|
| 24 |
Goldman Sachs
New York
| $598M | -$66.4M | 12 | 0.19% | Reduced |
|
| 25 |
AllianceBernstein
Nashville,
Tennessee
| $587M | +$111M | 11 | 0.49% | Increased |
|