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
| $4.91B | +$163M | 12 | 0.35% | Increased |
|
| 2 |
Fidelity Investments
Boston,
Massachusetts
| $3.76B | +$608M | 9 | 0.49% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $3.44B | +$189M | 12 | 0.34% | Increased |
|
| 4 |
BlackRock Institutional Trust
San Francisco,
California
| $2.17B | +$20.5M | 12 | 0.35% | Increased |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.66B | -$402M | 7 | 0.35% | Reduced |
|
| 6 |
Bank of New York Mellon
New York
| $1.59B | +$346M | 13 | 0.41% | Increased |
|
| 7 |
JP Morgan Chase
New York
| $1.55B | +$35.3M | 9 | 0.35% | Increased |
|
| 8 |
BlackRock Fund Advisors
San Francisco,
California
| $1.31B | +$95.4M | 12 | 0.32% | Increased |
|
| 9 |
Wellington Management Group
Boston,
Massachusetts
| $1.25B | -$145M | 8 | 0.33% | Reduced |
|
| 10 |
American Century Companies
Kansas City,
Missouri
| $1.17B | +$83.2M | 7 | 1.32% | Increased |
|
| 11 |
Morgan Stanley
New York
| $1.16B | +$10.6M | 13 | 0.42% | Increased |
|
| 12 |
Northern Trust
Chicago,
Illinois
| $1.01B | +$1.82M | 13 | 0.3% | Increased |
|
| 13 |
Capital World Investors
Los Angeles,
California
| $873M | +$99.2M | 2 | 0.24% | Increased |
|
| 14 |
UBS AM
Chicago,
Illinois
| $871M | +$78.3M | 10 | 0.83% | Increased |
|
| 15 |
Lone Pine Capital
Greenwich,
Connecticut
| $832M | -$364M | 1 | 3.49% | Reduced |
|
| 16 |
Ameriprise
Minneapolis,
Minnesota
| $831M | -$50.3M | 10 | 0.48% | Reduced |
|
| 17 |
Corvex Management
New York
| $725M | $0 | 1 | 8.9% | Maintained |
|
| 18 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $701M | +$111M | 12 | 0.43% | Increased |
|
| 19 |
Harris Associates
Chicago,
Illinois
| $668M | +$4.08M | 1 | 1.04% | Increased |
|
| 20 |
Dodge & Cox
San Francisco,
California
| $657M | +$63.6K | 1 | 0.61% | Increased |
|
| 21 |
TIAA CREF Investment Management
New York
| $655M | +$85.2M | 11 | 0.46% | Increased |
|
| 22 |
Norges Bank
Oslo,
Norway
| $652M | +$22.1M | 9 | 0.33% | Increased |
|
| 23 |
BlackRock Group
London,
United Kingdom
| $644M | +$55.6M | 11 | 0.34% | Increased |
|
| 24 |
Brown Advisory
Baltimore,
Maryland
| $641M | -$28.2M | 6 | 2.02% | Reduced |
|
| 25 |
Artisan Partners
Milwaukee,
Wisconsin
| $600M | +$49.8M | 3 | 1.04% | Increased |
|