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
| $9.56B | +$87.1M | 22 | 0.18% | Increased |
|
| 2 |
BlackRock
New York
| $6.14B | -$82.6M | 22 | 0.14% | Reduced |
|
| 3 |
State Street
Boston,
Massachusetts
| $2.73B | -$29.8M | 20 | 0.12% | Reduced |
|
| 4 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $2.47B | -$39.7M | 3 | 1.92% | Reduced |
|
| 5 |
Fidelity Investments
Boston,
Massachusetts
| $2.41B | -$42.9M | 18 | 0.15% | Reduced |
|
| 6 |
Morgan Stanley
New York
| $1.85B | +$158M | 24 | 0.14% | Increased |
|
| 7 |
Norges Bank
Oslo,
Norway
| $1.61B | +$33.8M | 13 | 0.24% | Increased |
|
| 8 |
Bank of America
Charlotte,
North Carolina
| $1.58B | -$43.1M | 24 | 0.14% | Reduced |
|
| 9 |
JP Morgan Chase
New York
| $1.56B | -$209M | 21 | 0.13% | Reduced |
|
| 10 |
Goldman Sachs
New York
| $1.49B | -$1.01M | 19 | 0.25% | Reduced |
|
| 11 |
Geode Capital Management
Boston,
Massachusetts
| $1.41B | +$32.8M | 21 | 0.12% | Increased |
|
| 12 |
Bank of New York Mellon
New York
| $1.26B | +$19M | 16 | 0.24% | Increased |
|
| 13 |
Wellington Management Group
Boston,
Massachusetts
| $1.2B | +$813M | 8 | 0.21% | Increased |
|
| 14 |
Amundi
Paris,
France
| $1.2B | +$21.1M | 14 | 0.46% | Increased |
|
| 15 |
Invesco
Atlanta,
Georgia
| $1.09B | +$25.5M | 18 | 0.23% | Increased |
|
| 16 |
AllianceBernstein
Nashville,
Tennessee
| $1.04B | -$28.4M | 15 | 0.36% | Reduced |
|
| 17 |
Dimensional Fund Advisors
Austin,
Texas
| $997M | +$44M | 16 | 0.26% | Increased |
|
| 18 |
BOI
Bank of Italy
Rome,
Italy
| $928M | $0 | 1 | 35.17% | Maintained |
|
| 19 |
Charles Schwab
San Francisco,
California
| $918M | +$120M | 14 | 0.18% | Increased |
|
| 20 |
Ameriprise
Minneapolis,
Minnesota
| $876M | +$82.8M | 15 | 0.24% | Increased |
|
| 21 |
T. Rowe Price Associates
Baltimore,
Maryland
| $873M | -$292M | 15 | 0.1% | Reduced |
|
| 22 |
Capital Research Global Investors
Los Angeles,
California
| $868M | +$13.4M | 3 | 0.19% | Increased |
|
| 23 |
Northern Trust
Chicago,
Illinois
| $844M | -$22.2M | 19 | 0.14% | Reduced |
|
| 24 |
Edgewood Management
Greenwich,
Connecticut
| $843M | -$10.1M | 1 | 2.29% | Reduced |
|
| 25 |
Marshall Wace
London,
United Kingdom
| $729M | +$378M | 13 | 0.97% | Increased |
|