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
| $8.72B | -$135M | 15 | 0.34% | Reduced |
|
| 2 |
BlackRock
New York
| $6.98B | -$144M | 16 | 0.3% | Reduced |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.43B | +$99.4M | 14 | 0.5% | Increased |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.8B | +$18M | 12 | 0.29% | Increased |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $3.19B | +$182M | 14 | 0.47% | Increased |
|
| 6 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.99B | -$27.7M | 2 | 2.15% | Reduced |
|
| 7 |
JP Morgan Chase
New York
| $1.96B | +$473M | 15 | 0.38% | Increased |
|
| 8 |
Bank of New York Mellon
New York
| $1.82B | -$45.5M | 14 | 0.47% | Reduced |
|
| 9 |
Wellington Management Group
Boston,
Massachusetts
| $1.54B | +$27.2M | 11 | 0.33% | Increased |
|
| 10 |
AQR Capital Management
Greenwich,
Connecticut
| $1.53B | +$221M | 11 | 1.46% | Increased |
|
| 11 |
Massachusetts Financial Services
Boston,
Massachusetts
| $1.47B | -$253M | 4 | 0.61% | Reduced |
|
| 12 |
Jennison Associates
New York
| $1.46B | +$4.8M | 5 | 1.34% | Increased |
|
| 13 |
Janus Henderson Group
London,
| $1.35B | +$207M | 8 | 0.72% | Increased |
|
| 14 |
Northern Trust
Chicago,
Illinois
| $1.34B | -$88.7M | 16 | 0.33% | Reduced |
|
| 15 |
Goldman Sachs
New York
| $1.29B | -$246M | 15 | 0.33% | Reduced |
|
| 16 |
Norges Bank
Oslo,
Norway
| $1.18B | +$247M | 12 | 0.38% | Increased |
|
| 17 |
Geode Capital Management
Boston,
Massachusetts
| $1.15B | -$75.7M | 13 | 0.32% | Reduced |
|
| 18 |
Franklin Resources
San Mateo,
California
| $986M | +$124M | 10 | 0.49% | Increased |
|
| 19 |
Dimensional Fund Advisors
Austin,
Texas
| $958M | +$26.1M | 13 | 0.36% | Increased |
|
| 20 |
Ameriprise
Minneapolis,
Minnesota
| $895M | -$258M | 15 | 0.31% | Reduced |
|
| 21 |
American Century Companies
Kansas City,
Missouri
| $887M | +$24.7M | 9 | 0.86% | Increased |
|
| 22 |
Renaissance Technologies
New York
| $858M | +$21.6M | 13 | 0.88% | Increased |
|
| 23 |
Fundsmith LLP
London,
United Kingdom
| $855M | +$134M | 1 | 5.73% | Increased |
|
| 24 |
Wells Fargo
San Francisco,
California
| $788M | -$119M | 17 | 0.22% | Reduced |
|
| 25 |
IVAV
Index Venture Associates V
St. Helier, Channel Islands,
Jersey
| $772M | +$803M | 1 | 95.26% | New |
|