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
| $9.99B | -$1.31M | 23 | 0.28% | Reduced |
|
| 2 |
BlackRock
New York
| $8.67B | +$39.4M | 23 | 0.28% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.44B | -$555M | 20 | 0.44% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $4.22B | -$46.8M | 23 | 0.25% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $3.06B | +$466M | 17 | 0.39% | Increased |
|
| 6 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $2.77B | +$15.5M | 4 | 2.84% | Increased |
|
| 7 |
Morgan Stanley
New York
| $2.72B | +$444M | 26 | 0.35% | Increased |
|
| 8 |
Fundsmith LLP
London,
United Kingdom
| $2.37B | +$68.4M | 2 | 10.47% | Increased |
|
| 9 |
Edgewood Management
Greenwich,
Connecticut
| $1.9B | +$180M | 1 | 5.62% | Increased |
|
| 10 |
Geode Capital Management
Boston,
Massachusetts
| $1.78B | +$33.9M | 23 | 0.26% | Increased |
|
| 11 |
Jennison Associates
New York
| $1.76B | +$53.5M | 4 | 1.75% | Increased |
|
| 12 |
JP Morgan Chase
New York
| $1.72B | -$636M | 20 | 0.24% | Reduced |
|
| 13 |
TCP
TSG Consumer Partners
Larkspur,
California
| $1.56B | $0 | 1 | 42.86% | Maintained |
|
| 14 |
Northern Trust
Chicago,
Illinois
| $1.29B | -$1.58M | 21 | 0.28% | Reduced |
|
| 15 |
Bank of New York Mellon
New York
| $1.28B | +$115M | 19 | 0.29% | Increased |
|
| 16 |
Norges Bank
Oslo,
Norway
| $1.22B | -$7.46M | 13 | 0.32% | Reduced |
|
| 17 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.2B | +$80.5M | 23 | 0.35% | Increased |
|
| 18 |
Invesco
Atlanta,
Georgia
| $1.07B | +$182M | 18 | 0.32% | Increased |
|
| 19 |
Goldman Sachs
New York
| $948M | +$158M | 19 | 0.24% | Increased |
|
| 20 |
Dimensional Fund Advisors
Austin,
Texas
| $933M | +$15.7M | 17 | 0.33% | Increased |
|
| 21 |
Brown Advisory
Baltimore,
Maryland
| $932M | -$28.4M | 3 | 1.75% | Reduced |
|
| 22 |
Massachusetts Financial Services
Boston,
Massachusetts
| $919M | +$11.2M | 3 | 0.32% | Increased |
|
| 23 |
Ninety One (UK)
London,
United Kingdom
| $849M | +$61.2M | 1 | 2.53% | Increased |
|
| 24 |
Ameriprise
Minneapolis,
Minnesota
| $821M | +$14.3M | 17 | 0.29% | Increased |
|
| 25 |
Amundi
Paris,
France
| $796M | +$15.9M | 12 | 0.64% | Increased |
|