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
| $8.16B | +$8.68M | 15 | 0.32% | Increased |
|
| 2 |
BlackRock
New York
| $6.16B | +$103M | 17 | 0.28% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.76B | +$513M | 15 | 0.57% | Increased |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.74B | +$180M | 12 | 0.29% | Increased |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.98B | +$163M | 14 | 0.44% | Increased |
|
| 6 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.93B | -$19M | 2 | 2.11% | Reduced |
|
| 7 |
Bank of New York Mellon
New York
| $1.39B | -$23.2M | 14 | 0.39% | Reduced |
|
| 8 |
Jennison Associates
New York
| $1.33B | -$47.1M | 4 | 1.32% | Reduced |
|
| 9 |
Northern Trust
Chicago,
Illinois
| $1.29B | +$39.7M | 15 | 0.32% | Increased |
|
| 10 |
AQR Capital Management
Greenwich,
Connecticut
| $1.21B | -$54.7M | 10 | 1.28% | Reduced |
|
| 11 |
Geode Capital Management
Boston,
Massachusetts
| $1.19B | +$76.7M | 14 | 0.31% | Increased |
|
| 12 |
Edgewood Management
Greenwich,
Connecticut
| $1.13B | +$444M | 1 | 3.95% | Increased |
|
| 13 |
Fundsmith LLP
London,
United Kingdom
| $1.1B | +$51.3M | 1 | 6.24% | Increased |
|
| 14 |
Norges Bank
Oslo,
Norway
| $1.08B | +$86.5M | 12 | 0.35% | Increased |
|
| 15 |
JP Morgan Chase
New York
| $1.05B | -$78.2M | 14 | 0.21% | Reduced |
|
| 16 |
Janus Henderson Group
London,
| $974M | -$312M | 8 | 0.54% | Reduced |
|
| 17 |
Morgan Stanley
New York
| $950M | -$52.7M | 17 | 0.27% | Reduced |
|
| 18 |
Bank of America
Charlotte,
North Carolina
| $943M | +$181M | 17 | 0.15% | Increased |
|
| 19 |
Renaissance Technologies
New York
| $927M | -$145M | 10 | 0.84% | Reduced |
|
| 20 |
Ameriprise
Minneapolis,
Minnesota
| $894M | +$74.2M | 14 | 0.41% | Increased |
|
| 21 |
Dimensional Fund Advisors
Austin,
Texas
| $847M | +$36.9M | 14 | 0.34% | Increased |
|
| 22 |
Millennium Management
New York
| $835M | +$418M | 13 | 1.25% | Increased |
|
| 23 |
Wellington Management Group
Boston,
Massachusetts
| $823M | -$12.6M | 11 | 0.19% | Reduced |
|
| 24 |
American Century Companies
Kansas City,
Missouri
| $801M | -$32.1M | 7 | 0.81% | Reduced |
|
| 25 |
Massachusetts Financial Services
Boston,
Massachusetts
| $784M | -$137M | 3 | 0.33% | Reduced |
|