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 | +$78.5M | 20 | 0.17% | Increased |
|
| 2 |
BlackRock
New York
| $6.35B | +$507M | 21 | 0.12% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.09B | +$583M | 17 | 0.23% | Increased |
|
| 4 |
State Street
Boston,
Massachusetts
| $2.71B | -$9.27M | 19 | 0.1% | Reduced |
|
| 5 |
Bank of America
Charlotte,
North Carolina
| $2.41B | -$567M | 22 | 0.18% | Reduced |
|
| 6 |
Morgan Stanley
New York
| $2.19B | -$33.4M | 26 | 0.14% | Reduced |
|
| 7 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $2.08B | -$171M | 1 | 1.55% | Reduced |
|
| 8 |
Geode Capital Management
Boston,
Massachusetts
| $1.66B | +$100M | 20 | 0.12% | Increased |
|
| 9 |
Amundi
Paris,
France
| $1.64B | +$29.3M | 8 | 0.57% | Increased |
|
| 10 |
Invesco
Atlanta,
Georgia
| $1.62B | -$65.7M | 16 | 0.28% | Reduced |
|
| 11 |
Bank of New York Mellon
New York
| $1.61B | +$39M | 15 | 0.3% | Increased |
|
| 12 |
Capital World Investors
Los Angeles,
California
| $1.56B | +$417M | 3 | 0.23% | Increased |
|
| 13 |
Norges Bank
Oslo,
Norway
| $1.5B | -$115M | 10 | 0.19% | Reduced |
|
| 14 |
Goldman Sachs
New York
| $1.43B | -$342M | 19 | 0.19% | Reduced |
|
| 15 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.33B | +$43.8M | 14 | 0.15% | Increased |
|
| 16 |
JP Morgan Chase
New York
| $1.32B | -$651M | 17 | 0.09% | Reduced |
|
| 17 |
UBS Group
Zurich,
Switzerland
| $1.31B | -$28.7M | 27 | 0.23% | Reduced |
|
| 18 |
BOI
Bank of Italy
Rome,
Italy
| $1.17B | $0 | 1 | 56.68% | Maintained |
|
| 19 |
Jennison Associates
New York
| $1.05B | +$45.9M | 2 | 0.62% | Increased |
|
| 20 |
AllianceBernstein
Nashville,
Tennessee
| $1.02B | -$87.4M | 14 | 0.33% | Reduced |
|
| 21 |
Dimensional Fund Advisors
Austin,
Texas
| $1B | +$21.9M | 15 | 0.23% | Increased |
|
| 22 |
Ameriprise
Minneapolis,
Minnesota
| $932M | -$52.7M | 15 | 0.23% | Reduced |
|
| 23 |
Qube Research & Technologies (QRT)
London,
United Kingdom
| $892M | +$29.4M | 9 | 0.91% | Increased |
|
| 24 |
Charles Schwab
San Francisco,
California
| $870M | +$22.8M | 17 | 0.15% | Increased |
|
| 25 |
Northern Trust
Chicago,
Illinois
| $869M | -$64.8M | 18 | 0.12% | Reduced |
|