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
| $6.79B | +$172M | 14 | 0.32% | Increased |
|
| 2 |
BlackRock
New York
| $5.41B | +$87.5M | 15 | 0.27% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $3.82B | -$217M | 13 | 0.46% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.15B | -$136M | 13 | 0.27% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.91B | -$325M | 11 | 0.5% | Reduced |
|
| 6 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.29B | -$4.96M | 2 | 0.99% | Reduced |
|
| 7 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.73B | -$20.5M | 3 | 2.19% | Reduced |
|
| 8 |
Bank of New York Mellon
New York
| $1.69B | +$354M | 14 | 0.46% | Increased |
|
| 9 |
Wellington Management Group
Boston,
Massachusetts
| $1.18B | -$235M | 10 | 0.27% | Reduced |
|
| 10 |
Northern Trust
Chicago,
Illinois
| $1.08B | +$53.8M | 15 | 0.28% | Increased |
|
| 11 |
Goldman Sachs
New York
| $922M | +$109M | 15 | 0.23% | Increased |
|
| 12 |
Norges Bank
Oslo,
Norway
| $880M | +$36.1M | 11 | 0.33% | Increased |
|
| 13 |
Jennison Associates
New York
| $834M | +$613M | 2 | 0.85% | Increased |
|
| 14 |
Geode Capital Management
Boston,
Massachusetts
| $828M | +$26.4M | 14 | 0.31% | Increased |
|
| 15 |
Select Equity Group
New York
| $756M | -$10.2M | 1 | 5.73% | Reduced |
|
| 16 |
Bank of America
Charlotte,
North Carolina
| $733M | +$146M | 14 | 0.12% | Increased |
|
| 17 |
Invesco
Atlanta,
Georgia
| $731M | +$9.86M | 12 | 0.27% | Increased |
|
| 18 |
JP Morgan Chase
New York
| $729M | -$41M | 14 | 0.16% | Reduced |
|
| 19 |
American Century Companies
Kansas City,
Missouri
| $665M | +$42.2M | 6 | 0.67% | Increased |
|
| 20 |
TIAA CREF Investment Management
New York
| $642M | -$8.6M | 11 | 0.44% | Reduced |
|
| 21 |
Franklin Resources
San Mateo,
California
| $627M | +$377M | 8 | 0.31% | Increased |
|
| 22 |
Morgan Stanley
New York
| $623M | -$67.9M | 16 | 0.19% | Reduced |
|
| 23 |
Ameriprise
Minneapolis,
Minnesota
| $608M | +$111M | 14 | 0.29% | Increased |
|
| 24 |
Flossbach Von Storch
Cologne,
Germany
| $607M | -$30.1M | 3 | 6.33% | Reduced |
|
| 25 |
Dimensional Fund Advisors
Austin,
Texas
| $596M | +$63.5M | 12 | 0.26% | Increased |
|