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
| $8.02B | +$139M | 15 | 0.35% | Increased |
|
| 2 |
BlackRock
New York
| $6.08B | -$261M | 15 | 0.29% | Reduced |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.39B | -$143M | 13 | 0.52% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.72B | +$5.32M | 13 | 0.3% | Increased |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.87B | -$183M | 11 | 0.47% | Reduced |
|
| 6 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.67B | -$56.6M | 2 | 1.12% | Reduced |
|
| 7 |
Bank of New York Mellon
New York
| $1.9B | -$68.6M | 14 | 0.5% | Reduced |
|
| 8 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.58B | -$74M | 2 | 1.97% | Reduced |
|
| 9 |
Wellington Management Group
Boston,
Massachusetts
| $1.45B | +$55.8M | 9 | 0.32% | Increased |
|
| 10 |
Jennison Associates
New York
| $1.4B | +$403M | 3 | 1.38% | Increased |
|
| 11 |
Northern Trust
Chicago,
Illinois
| $1.26B | +$4.04M | 14 | 0.32% | Increased |
|
| 12 |
Goldman Sachs
New York
| $1.06B | -$11.9M | 13 | 0.25% | Reduced |
|
| 13 |
Norges Bank
Oslo,
Norway
| $1.02B | +$26.1M | 11 | 0.37% | Increased |
|
| 14 |
Geode Capital Management
Boston,
Massachusetts
| $1B | +$20.4M | 13 | 0.34% | Increased |
|
| 15 |
Ameriprise
Minneapolis,
Minnesota
| $969M | +$254M | 14 | 0.44% | Increased |
|
| 16 |
JP Morgan Chase
New York
| $953M | +$96.5M | 14 | 0.2% | Increased |
|
| 17 |
American Century Companies
Kansas City,
Missouri
| $919M | +$132M | 6 | 0.92% | Increased |
|
| 18 |
Franklin Resources
San Mateo,
California
| $814M | +$52.3M | 10 | 0.39% | Increased |
|
| 19 |
Bank of America
Charlotte,
North Carolina
| $794M | -$37.9M | 14 | 0.13% | Reduced |
|
| 20 |
Invesco
Atlanta,
Georgia
| $757M | -$104M | 12 | 0.27% | Reduced |
|
| 21 |
Dimensional Fund Advisors
Austin,
Texas
| $716M | +$46.6M | 12 | 0.3% | Increased |
|
| 22 |
TIAA CREF Investment Management
New York
| $705M | -$49.2M | 11 | 0.46% | Reduced |
|
| 23 |
Wells Fargo
San Francisco,
California
| $684M | +$4.98M | 15 | 0.2% | Increased |
|
| 24 |
Janus Henderson Group
London,
| $673M | +$21.9M | 8 | 0.41% | Increased |
|
| 25 |
Morgan Stanley
New York
| $643M | -$52.8M | 15 | 0.18% | Reduced |
|