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
| $6.3B | +$122M | 14 | 0.31% | Increased |
|
| 2 |
BlackRock
New York
| $4.96B | +$267M | 15 | 0.26% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $3.93B | -$247M | 12 | 0.49% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.11B | -$47.9M | 12 | 0.28% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $3.11B | -$213M | 10 | 0.56% | Reduced |
|
| 6 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.46B | +$52.4M | 2 | 1.09% | Increased |
|
| 7 |
Wellington Management Group
Boston,
Massachusetts
| $1.45B | -$420M | 8 | 0.34% | Reduced |
|
| 8 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.36B | -$162M | 3 | 1.84% | Reduced |
|
| 9 |
Bank of New York Mellon
New York
| $1.21B | +$313M | 14 | 0.34% | Increased |
|
| 10 |
Northern Trust
Chicago,
Illinois
| $956M | +$94.6M | 15 | 0.27% | Increased |
|
| 11 |
Goldman Sachs
New York
| $787M | -$69.1M | 15 | 0.2% | Reduced |
|
| 12 |
Norges Bank
Oslo,
Norway
| $763M | +$29.9M | 11 | 0.3% | Increased |
|
| 13 |
Geode Capital Management
Boston,
Massachusetts
| $748M | +$21M | 14 | 0.29% | Increased |
|
| 14 |
JP Morgan Chase
New York
| $737M | -$35.6M | 14 | 0.17% | Reduced |
|
| 15 |
Select Equity Group
New York
| $728M | +$67.1M | 1 | 5.19% | Increased |
|
| 16 |
Dodge & Cox
San Francisco,
California
| $711M | -$3.95M | 1 | 0.6% | Reduced |
|
| 17 |
Invesco
Atlanta,
Georgia
| $674M | -$94.7M | 12 | 0.21% | Reduced |
|
| 18 |
Morgan Stanley
New York
| $616M | +$86.5M | 14 | 0.19% | Increased |
|
| 19 |
American Century Companies
Kansas City,
Missouri
| $597M | -$28.4M | 6 | 0.62% | Reduced |
|
| 20 |
TIAA CREF Investment Management
New York
| $594M | -$28.1M | 11 | 0.42% | Reduced |
|
| 21 |
Wells Fargo
San Francisco,
California
| $572M | -$50.9M | 15 | 0.18% | Reduced |
|
| 22 |
Bank of America
Charlotte,
North Carolina
| $536M | +$5.8M | 14 | 0.11% | Increased |
|
| 23 |
Ameriprise
Minneapolis,
Minnesota
| $533M | -$26.8M | 12 | 0.27% | Reduced |
|
| 24 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $522M | -$68.3M | 15 | 0.37% | Reduced |
|
| 25 |
Dimensional Fund Advisors
Austin,
Texas
| $500M | +$58.1M | 14 | 0.23% | Increased |
|