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
| $4.5B | +$216M | 12 | 0.35% | Increased |
|
| 2 |
State Street
Boston,
Massachusetts
| $3.11B | +$110M | 12 | 0.34% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $2.97B | +$285M | 9 | 0.4% | Increased |
|
| 4 |
BlackRock Institutional Trust
San Francisco,
California
| $2.04B | -$25.8M | 12 | 0.34% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.99B | +$396M | 7 | 0.43% | Increased |
|
| 6 |
JP Morgan Chase
New York
| $1.42B | +$838M | 11 | 0.34% | Increased |
|
| 7 |
Wellington Management Group
Boston,
Massachusetts
| $1.27B | +$215M | 8 | 0.35% | Increased |
|
| 8 |
Bank of New York Mellon
New York
| $1.18B | +$50.8M | 13 | 0.32% | Increased |
|
| 9 |
BlackRock Fund Advisors
San Francisco,
California
| $1.15B | +$33.5M | 13 | 0.32% | Increased |
|
| 10 |
Lone Pine Capital
Greenwich,
Connecticut
| $1.14B | +$356M | 1 | 4.45% | Increased |
|
| 11 |
Morgan Stanley
New York
| $1.1B | +$460M | 13 | 0.42% | Increased |
|
| 12 |
American Century Companies
Kansas City,
Missouri
| $1.03B | +$120M | 7 | 1.2% | Increased |
|
| 13 |
Northern Trust
Chicago,
Illinois
| $962M | -$268K | 12 | 0.3% | Reduced |
|
| 14 |
Ameriprise
Minneapolis,
Minnesota
| $835M | -$35.2M | 12 | 0.5% | Reduced |
|
| 15 |
UBS AM
Chicago,
Illinois
| $744M | +$55.9M | 10 | 0.74% | Increased |
|
| 16 |
Jennison Associates
New York
| $710M | -$129M | 2 | 0.66% | Reduced |
|
| 17 |
Capital World Investors
Los Angeles,
California
| $683M | +$116M | 1 | 0.19% | Increased |
|
| 18 |
Brown Advisory
Baltimore,
Maryland
| $656M | -$25.7M | 6 | 2.11% | Reduced |
|
| 19 |
Citadel Advisors
Miami,
Florida
| $655M | -$68.6M | 11 | 0.69% | Reduced |
|
| 20 |
Corvex Management
New York
| $628M | -$13.4M | 1 | 7.57% | Reduced |
|
| 21 |
Dodge & Cox
San Francisco,
California
| $623M | -$1.04M | 1 | 0.6% | Reduced |
|
| 22 |
Norges Bank
Oslo,
Norway
| $597M | -$591M | 9 | 0.32% | Reduced |
|
| 23 |
AllianceBernstein
Nashville,
Tennessee
| $592M | +$19.4M | 11 | 0.5% | Increased |
|
| 24 |
Harris Associates
Chicago,
Illinois
| $591M | +$25.8M | 1 | 0.97% | Increased |
|
| 25 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $568M | +$155M | 13 | 0.35% | Increased |
|