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
| $10.4B | +$130M | 22 | 0.23% | Increased |
|
| 2 |
BlackRock
New York
| $7.13B | -$128M | 22 | 0.18% | Reduced |
|
| 3 |
State Street
Boston,
Massachusetts
| $3.38B | +$15.5M | 21 | 0.16% | Increased |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $2.55B | +$280M | 19 | 0.2% | Increased |
|
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $2.54B | -$236M | 3 | 2.01% | Reduced |
|
| 6 |
Morgan Stanley
New York
| $1.89B | -$160M | 25 | 0.17% | Reduced |
|
| 7 |
JP Morgan Chase
New York
| $1.83B | +$23.6M | 25 | 0.18% | Increased |
|
| 8 |
Norges Bank
Oslo,
Norway
| $1.61B | +$77.8M | 12 | 0.28% | Increased |
|
| 9 |
Geode Capital Management
Boston,
Massachusetts
| $1.59B | +$30.6M | 21 | 0.17% | Increased |
|
| 10 |
Goldman Sachs
New York
| $1.39B | +$364M | 19 | 0.26% | Increased |
|
| 11 |
Bank of America
Charlotte,
North Carolina
| $1.34B | +$528M | 25 | 0.13% | Increased |
|
| 12 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.32B | -$638M | 15 | 0.18% | Reduced |
|
| 13 |
Bank of New York Mellon
New York
| $1.31B | -$112M | 17 | 0.27% | Reduced |
|
| 14 |
Edgewood Management
Greenwich,
Connecticut
| $1.21B | -$35.1M | 1 | 3.48% | Reduced |
|
| 15 |
Invesco
Atlanta,
Georgia
| $1.17B | -$40M | 17 | 0.28% | Reduced |
|
| 16 |
Dimensional Fund Advisors
Austin,
Texas
| $1.08B | -$51.4M | 17 | 0.32% | Reduced |
|
| 17 |
Northern Trust
Chicago,
Illinois
| $1.05B | -$43.7M | 19 | 0.19% | Reduced |
|
| 18 |
Amundi
Paris,
France
| $978M | -$322M | 14 | 0.44% | Reduced |
|
| 19 |
AllianceBernstein
Nashville,
Tennessee
| $926M | -$16.3M | 13 | 0.36% | Reduced |
|
| 20 |
Select Equity Group
New York
| $881M | -$88.4M | 2 | 3.14% | Reduced |
|
| 21 |
Legal & General Group
London,
United Kingdom
| $776M | +$4.04M | 15 | 0.24% | Increased |
|
| 22 |
BOI
Bank of Italy
Rome,
Italy
| $768M | -$6.66M | 1 | 25.07% | Reduced |
|
| 23 |
Capital International Investors
Los Angeles,
California
| $763M | -$73.7M | 2 | 0.17% | Reduced |
|
| 24 |
Massachusetts Financial Services
Boston,
Massachusetts
| $686M | +$71.6M | 3 | 0.22% | Increased |
|
| 25 |
Nuveen
Charlotte,
North Carolina
| $683M | +$196M | 15 | 0.22% | Increased |
|