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 | +$238M | 13 | 0.33% | Increased |
|
| 2 |
Fidelity Investments
Boston,
Massachusetts
| $3.19B | -$208M | 9 | 0.41% | Reduced |
|
| 3 |
State Street
Boston,
Massachusetts
| $2.91B | -$116M | 12 | 0.31% | Reduced |
|
| 4 |
BlackRock Institutional Trust
San Francisco,
California
| $1.97B | -$61.5M | 12 | 0.32% | Reduced |
|
| 5 |
Bank of New York Mellon
New York
| $1.4B | -$142M | 13 | 0.39% | Reduced |
|
| 6 |
Wellington Management Group
Boston,
Massachusetts
| $1.39B | -$182M | 9 | 0.36% | Reduced |
|
| 7 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.35B | +$17.5M | 7 | 0.28% | Increased |
|
| 8 |
BlackRock Fund Advisors
San Francisco,
California
| $1.3B | +$25M | 13 | 0.31% | Increased |
|
| 9 |
American Century Companies
Kansas City,
Missouri
| $1.09B | +$1.94M | 8 | 1.23% | Increased |
|
| 10 |
Northern Trust
Chicago,
Illinois
| $929M | +$10.8M | 13 | 0.28% | Increased |
|
| 11 |
Morgan Stanley
New York
| $822M | +$2M | 13 | 0.28% | Increased |
|
| 12 |
Capital World Investors
Los Angeles,
California
| $711M | $0 | 2 | 0.19% | Maintained |
|
| 13 |
Goldman Sachs
New York
| $687M | +$347M | 13 | 0.21% | Increased |
|
| 14 |
Norges Bank
Oslo,
Norway
| $672M | +$17.2M | 9 | 0.34% | Increased |
|
| 15 |
Brown Advisory
Baltimore,
Maryland
| $658M | -$26.2M | 5 | 2.14% | Reduced |
|
| 16 |
JP Morgan Chase
New York
| $658M | -$310M | 9 | 0.16% | Reduced |
|
| 17 |
Corvex Management
New York
| $657M | -$83.6M | 1 | 7.18% | Reduced |
|
| 18 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $655M | +$148M | 12 | 0.42% | Increased |
|
| 19 |
TIAA CREF Investment Management
New York
| $611M | +$31.7M | 12 | 0.43% | Increased |
|
| 20 |
Dodge & Cox
San Francisco,
California
| $599M | +$2.21M | 1 | 0.54% | Increased |
|
| 21 |
Artisan Partners
Milwaukee,
Wisconsin
| $590M | +$32.5M | 2 | 1.09% | Increased |
|
| 22 |
Wells Fargo
San Francisco,
California
| $582M | +$105M | 13 | 0.22% | Increased |
|
| 23 |
Geode Capital Management
Boston,
Massachusetts
| $563M | +$16.6M | 13 | 0.32% | Increased |
|
| 24 |
AllianceBernstein
Nashville,
Tennessee
| $554M | +$32.4M | 11 | 0.46% | Increased |
|
| 25 |
UBS AM
Chicago,
Illinois
| $550M | -$133M | 11 | 0.53% | Reduced |
|