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
| $10.9B | +$314M | 22 | 0.26% | Increased |
|
| 2 |
BlackRock
New York
| $7.93B | -$322M | 23 | 0.22% | Reduced |
|
| 3 |
State Street
Boston,
Massachusetts
| $3.89B | +$40.1M | 21 | 0.2% | Increased |
|
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $2.98B | -$164M | 3 | 2.53% | Reduced |
|
| 5 |
T. Rowe Price Associates
Baltimore,
Maryland
| $2.75B | -$974M | 15 | 0.38% | Reduced |
|
| 6 |
Fidelity Investments
Boston,
Massachusetts
| $2.62B | -$89.5M | 20 | 0.22% | Reduced |
|
| 7 |
JP Morgan Chase
New York
| $2.47B | +$25.8M | 23 | 0.27% | Increased |
|
| 8 |
Morgan Stanley
New York
| $2.26B | -$56.5M | 26 | 0.22% | Reduced |
|
| 9 |
Fundsmith LLP
London,
United Kingdom
| $1.88B | -$4.29M | 2 | 7.88% | Reduced |
|
| 10 |
Geode Capital Management
Boston,
Massachusetts
| $1.73B | +$9.62M | 20 | 0.2% | Increased |
|
| 11 |
Norges Bank
Oslo,
Norway
| $1.52B | -$57.3M | 12 | 0.3% | Reduced |
|
| 12 |
Bank of New York Mellon
New York
| $1.5B | +$9.84M | 18 | 0.31% | Increased |
|
| 13 |
Edgewood Management
Greenwich,
Connecticut
| $1.47B | +$301M | 1 | 4.46% | Increased |
|
| 14 |
Invesco
Atlanta,
Georgia
| $1.23B | -$4.22M | 18 | 0.32% | Reduced |
|
| 15 |
Bank of America
Charlotte,
North Carolina
| $1.2B | +$75.9M | 24 | 0.13% | Increased |
|
| 16 |
Goldman Sachs
New York
| $1.19B | +$65.3M | 20 | 0.26% | Increased |
|
| 17 |
Northern Trust
Chicago,
Illinois
| $1.18B | -$79.9M | 19 | 0.23% | Reduced |
|
| 18 |
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.16B | +$43.1M | 24 | 0.3% | Increased |
|
| 19 |
Dimensional Fund Advisors
Austin,
Texas
| $1.13B | +$7.73M | 17 | 0.36% | Increased |
|
| 20 |
Amundi
Paris,
France
| $1.05B | -$214M | 14 | 0.53% | Reduced |
|
| 21 |
Wellington Management Group
Boston,
Massachusetts
| $960M | +$267M | 8 | 0.18% | Increased |
|
| 22 |
Capital International Investors
Los Angeles,
California
| $923M | +$513M | 2 | 0.22% | Increased |
|
| 23 |
Massachusetts Financial Services
Boston,
Massachusetts
| $892M | +$121M | 3 | 0.29% | Increased |
|
| 24 |
AllianceBernstein
Nashville,
Tennessee
| $891M | +$37.2M | 13 | 0.36% | Increased |
|
| 25 |
Victory Capital Management
San Antonio,
Texas
| $888M | +$94.2M | 11 | 0.98% | Increased |
|