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
| $5.03B | +$19.6M | 14 | 0.3% | Increased |
|
| 2 |
Fidelity Investments
Boston,
Massachusetts
| $4.17B | +$316M | 11 | 0.56% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $2.71B | +$105M | 12 | 0.27% | Increased |
|
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.27B | +$828M | 9 | 0.46% | Increased |
|
| 5 |
BlackRock Institutional Trust
San Francisco,
California
| $1.69B | +$27.5M | 13 | 0.26% | Increased |
|
| 6 |
Wellington Management Group
Boston,
Massachusetts
| $1.53B | -$223M | 8 | 0.38% | Reduced |
|
| 7 |
Millennium Management
New York
| $1.39B | +$1.49B | 10 | 2.32% | Increased |
|
| 8 |
BlackRock Fund Advisors
San Francisco,
California
| $1.16B | +$107M | 13 | 0.24% | Increased |
|
| 9 |
Bank of New York Mellon
New York
| $1.13B | -$8.33M | 14 | 0.34% | Reduced |
|
| 10 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $894M | +$167M | 3 | 1.4% | Increased |
|
| 11 |
Massachusetts Financial Services
Boston,
Massachusetts
| $853M | +$453M | 3 | 0.42% | Increased |
|
| 12 |
Norges Bank
Oslo,
Norway
| $847M | +$120M | 10 | 0.4% | Increased |
|
| 13 |
Morgan Stanley
New York
| $815M | -$55.3M | 14 | 0.28% | Reduced |
|
| 14 |
Northern Trust
Chicago,
Illinois
| $801M | +$19M | 14 | 0.25% | Increased |
|
| 15 |
Goldman Sachs
New York
| $712M | +$166M | 14 | 0.22% | Increased |
|
| 16 |
American Century Companies
Kansas City,
Missouri
| $684M | -$63M | 5 | 0.75% | Reduced |
|
| 17 |
Wells Fargo
San Francisco,
California
| $666M | +$64.1M | 14 | 0.25% | Increased |
|
| 18 |
Geode Capital Management
Boston,
Massachusetts
| $575M | +$34.6M | 13 | 0.29% | Increased |
|
| 19 |
BlackRock Group
London,
United Kingdom
| $571M | +$9.82M | 12 | 0.29% | Increased |
|
| 20 |
Dodge & Cox
San Francisco,
California
| $564M | -$51.5M | 1 | 0.53% | Reduced |
|
| 21 |
Select Equity Group
New York
| $542M | +$4.68M | 1 | 4.69% | Increased |
|
| 22 |
Brown Advisory
Baltimore,
Maryland
| $542M | -$4.73M | 6 | 1.86% | Reduced |
|
| 23 |
Corvex Management
New York
| $516M | +$8.05M | 1 | 9.66% | Increased |
|
| 24 |
Bank of America
Charlotte,
North Carolina
| $494M | +$15.3M | 14 | 0.11% | Increased |
|
| 25 |
AIG
American International Group
New York
| $489M | +$22.3M | 12 | 1.94% | Increased |
|