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
| $11.5B | +$170M | 22 | 0.23% | Increased |
|
| 2 |
BlackRock
New York
| $7.63B | +$127M | 22 | 0.18% | Increased |
|
| 3 |
State Street
Boston,
Massachusetts
| $3.5B | -$38.7M | 21 | 0.16% | Reduced |
|
| 4 |
Fidelity Investments
Boston,
Massachusetts
| $2.91B | -$9.18M | 18 | 0.2% | Reduced |
|
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $2.69B | -$483M | 3 | 2.09% | Reduced |
|
| 6 |
Morgan Stanley
New York
| $2.07B | -$7.77M | 26 | 0.17% | Reduced |
|
| 7 |
JP Morgan Chase
New York
| $2.01B | -$175M | 23 | 0.17% | Reduced |
|
| 8 |
Norges Bank
Oslo,
Norway
| $1.88B | +$77.3M | 12 | 0.3% | Increased |
|
| 9 |
Goldman Sachs
New York
| $1.84B | +$245M | 18 | 0.33% | Increased |
|
| 10 |
Bank of America
Charlotte,
North Carolina
| $1.83B | +$195M | 23 | 0.17% | Increased |
|
| 11 |
Geode Capital Management
Boston,
Massachusetts
| $1.74B | +$49.9M | 21 | 0.16% | Increased |
|
| 12 |
Bank of New York Mellon
New York
| $1.44B | -$78.5M | 15 | 0.28% | Reduced |
|
| 13 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.29B | -$311M | 15 | 0.16% | Reduced |
|
| 14 |
Invesco
Atlanta,
Georgia
| $1.25B | -$72.1M | 18 | 0.27% | Reduced |
|
| 15 |
Edgewood Management
Greenwich,
Connecticut
| $1.23B | -$34.9M | 1 | 3.31% | Reduced |
|
| 16 |
Amundi
Paris,
France
| $1.19B | +$44.1M | 14 | 0.51% | Increased |
|
| 17 |
AllianceBernstein
Nashville,
Tennessee
| $1.16B | +$12.9M | 13 | 0.41% | Increased |
|
| 18 |
Dimensional Fund Advisors
Austin,
Texas
| $1.12B | -$4.54M | 17 | 0.3% | Reduced |
|
| 19 |
Northern Trust
Chicago,
Illinois
| $1.06B | -$78.5M | 20 | 0.18% | Reduced |
|
| 20 |
BOI
Bank of Italy
Rome,
Italy
| $994M | $0 | 1 | 27.52% | Maintained |
|
| 21 |
Charles Schwab
San Francisco,
California
| $962M | +$272M | 14 | 0.22% | Increased |
|
| 22 |
Capital Research Global Investors
Los Angeles,
California
| $930M | +$88M | 3 | 0.21% | Increased |
|
| 23 |
Ameriprise
Minneapolis,
Minnesota
| $898M | +$217M | 15 | 0.25% | Increased |
|
| 24 |
ClearBridge Investments
New York
| $894M | +$208M | 5 | 0.71% | Increased |
|
| 25 |
Legal & General Group
London,
United Kingdom
| $871M | -$12.8M | 16 | 0.25% | Reduced |
|