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
| $8.7B | -$92M | 15 | 0.38% | Reduced |
|
| 2 |
BlackRock
New York
| $6.75B | +$40.9M | 15 | 0.32% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.41B | -$359M | 12 | 0.52% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.79B | -$322M | 12 | 0.32% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.84B | -$457M | 12 | 0.45% | Reduced |
|
| 6 |
Massachusetts Financial Services
Boston,
Massachusetts
| $2.39B | -$216M | 2 | 1.03% | Reduced |
|
| 7 |
Bank of New York Mellon
New York
| $1.84B | -$175M | 14 | 0.51% | Reduced |
|
| 8 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.79B | -$22.1M | 2 | 2.09% | Reduced |
|
| 9 |
Wellington Management Group
Boston,
Massachusetts
| $1.77B | +$311M | 10 | 0.4% | Increased |
|
| 10 |
Jennison Associates
New York
| $1.64B | -$2.5M | 3 | 1.63% | Reduced |
|
| 11 |
JP Morgan Chase
New York
| $1.4B | +$371M | 15 | 0.3% | Increased |
|
| 12 |
Northern Trust
Chicago,
Illinois
| $1.37B | -$31.9M | 14 | 0.36% | Reduced |
|
| 13 |
Goldman Sachs
New York
| $1.34B | +$174M | 14 | 0.34% | Increased |
|
| 14 |
Geode Capital Management
Boston,
Massachusetts
| $1.15B | +$41.4M | 13 | 0.37% | Increased |
|
| 15 |
Ameriprise
Minneapolis,
Minnesota
| $1.11B | +$20.9M | 14 | 0.5% | Increased |
|
| 16 |
Norges Bank
Oslo,
Norway
| $1.07B | -$34.5M | 11 | 0.39% | Reduced |
|
| 17 |
AQR Capital Management
Greenwich,
Connecticut
| $1.01B | +$365M | 10 | 1.09% | Increased |
|
| 18 |
American Century Companies
Kansas City,
Missouri
| $942M | -$111M | 6 | 0.96% | Reduced |
|
| 19 |
Franklin Resources
San Mateo,
California
| $916M | +$111M | 10 | 0.46% | Increased |
|
| 20 |
Janus Henderson Group
London,
| $888M | +$101M | 9 | 0.52% | Increased |
|
| 21 |
TIAA CREF Investment Management
New York
| $880M | +$73.6M | 11 | 0.6% | Increased |
|
| 22 |
Wells Fargo
San Francisco,
California
| $759M | -$28M | 15 | 0.22% | Reduced |
|
| 23 |
Dimensional Fund Advisors
Austin,
Texas
| $759M | +$39.6M | 12 | 0.32% | Increased |
|
| 24 |
Bank of America
Charlotte,
North Carolina
| $750M | -$138M | 15 | 0.13% | Reduced |
|
| 25 |
AIG
American International Group
New York
| $672M | -$3.21M | 11 | 2.34% | Reduced |
|