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
| $11.1B | +$91.4M | 22 | 0.26% | Increased |
|
| 2 |
BlackRock
New York
| $9.59B | -$81.1M | 22 | 0.26% | Reduced |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $5.74B | -$705M | 20 | 0.46% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $4.65B | +$22.6M | 22 | 0.23% | Increased |
|
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $3.44B | -$68.3M | 4 | 2.41% | Reduced |
|
| 6 |
T. Rowe Price Associates
Baltimore,
Maryland
| $3.16B | -$546M | 17 | 0.32% | Reduced |
|
| 7 |
Morgan Stanley
New York
| $2.86B | +$326M | 26 | 0.39% | Increased |
|
| 8 |
JP Morgan Chase
New York
| $2.69B | -$188M | 20 | 0.32% | Reduced |
|
| 9 |
Fundsmith LLP
London,
United Kingdom
| $2.37B | -$657M | 2 | 8.13% | Reduced |
|
| 10 |
Geode Capital Management
Boston,
Massachusetts
| $1.91B | +$65.7M | 22 | 0.24% | Increased |
|
| 11 |
Edgewood Management
Greenwich,
Connecticut
| $1.84B | -$7.86M | 1 | 3.7% | Reduced |
|
| 12 |
Jennison Associates
New York
| $1.83B | -$121M | 4 | 1.35% | Reduced |
|
| 13 |
Northern Trust
Chicago,
Illinois
| $1.44B | -$31.6M | 20 | 0.25% | Reduced |
|
| 14 |
Norges Bank
Oslo,
Norway
| $1.4B | +$12.5M | 14 | 0.3% | Increased |
|
| 15 |
TCP
TSG Consumer Partners
Larkspur,
California
| $1.35B | $0 | 1 | 27.48% | Maintained |
|
| 16 |
Bank of New York Mellon
New York
| $1.32B | +$622K | 17 | 0.26% | Increased |
|
| 17 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.2B | -$136M | 22 | 0.3% | Reduced |
|
| 18 |
Invesco
Atlanta,
Georgia
| $1.12B | -$147M | 18 | 0.29% | Reduced |
|
| 19 |
Dimensional Fund Advisors
Austin,
Texas
| $1.07B | +$18.7M | 17 | 0.33% | Increased |
|
| 20 |
Bank of America
Charlotte,
North Carolina
| $1.02B | +$42.4M | 24 | 0.1% | Increased |
|
| 21 |
Brown Advisory
Baltimore,
Maryland
| $995M | -$286M | 4 | 1.48% | Reduced |
|
| 22 |
Goldman Sachs
New York
| $965M | -$137M | 18 | 0.2% | Reduced |
|
| 23 |
Massachusetts Financial Services
Boston,
Massachusetts
| $964M | -$110M | 3 | 0.29% | Reduced |
|
| 24 |
Ameriprise
Minneapolis,
Minnesota
| $939M | -$148M | 15 | 0.28% | Reduced |
|
| 25 |
Amundi
Paris,
France
| $876M | +$135M | 12 | 0.59% | Increased |
|