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
| $11.4B | -$44.5M | 20 | 0.17% | Reduced |
|
| 2 |
BlackRock
New York
| $7.17B | +$47M | 21 | 0.13% | Increased |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.59B | -$14.7M | 17 | 0.24% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.23B | +$143M | 20 | 0.11% | Increased |
|
| 5 |
Bank of America
Charlotte,
North Carolina
| $2.6B | +$24.5M | 22 | 0.18% | Increased |
|
| 6 |
Bank of New York Mellon
New York
| $2.37B | +$672M | 16 | 0.43% | Increased |
|
| 7 |
Morgan Stanley
New York
| $2.36B | +$26.4M | 25 | 0.14% | Increased |
|
| 8 |
Geode Capital Management
Boston,
Massachusetts
| $1.92B | +$24.7M | 20 | 0.12% | Increased |
|
| 9 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.91B | -$151M | 1 | 1.41% | Reduced |
|
| 10 |
Amundi
Paris,
France
| $1.85B | +$163M | 9 | 0.6% | Increased |
|
| 11 |
Invesco
Atlanta,
Georgia
| $1.77B | -$20.8M | 15 | 0.28% | Reduced |
|
| 12 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.67B | +$295M | 14 | 0.18% | Increased |
|
| 13 |
Capital World Investors
Los Angeles,
California
| $1.64B | -$898K | 3 | 0.22% | Reduced |
|
| 14 |
Goldman Sachs
New York
| $1.62B | +$82.3M | 19 | 0.2% | Increased |
|
| 15 |
JP Morgan Chase
New York
| $1.37B | -$33.6M | 18 | 0.08% | Reduced |
|
| 16 |
UBS Group
Zurich,
Switzerland
| $1.28B | -$112M | 28 | 0.2% | Reduced |
|
| 17 |
AllianceBernstein
Nashville,
Tennessee
| $1.25B | +$225M | 14 | 0.39% | Increased |
|
| 18 |
BOI
Bank of Italy
Rome,
Italy
| $1.19B | +$26.6M | 1 | 57.32% | Increased |
|
| 19 |
Dimensional Fund Advisors
Austin,
Texas
| $1.1B | -$6.14M | 15 | 0.24% | Reduced |
|
| 20 |
Northern Trust
Chicago,
Illinois
| $990M | +$15.3M | 18 | 0.13% | Increased |
|
| 21 |
Ameriprise
Minneapolis,
Minnesota
| $968M | -$69M | 14 | 0.22% | Reduced |
|
| 22 |
Charles Schwab
San Francisco,
California
| $949M | -$8.91M | 16 | 0.15% | Reduced |
|
| 23 |
Schroder Investment Management Group
London,
United Kingdom
| $859M | +$145M | 5 | 0.67% | Increased |
|
| 24 |
Capital International Investors
Los Angeles,
California
| $819M | +$86.3M | 2 | 0.13% | Increased |
|
| 25 |
American Century Companies
Kansas City,
Missouri
| $795M | +$30.7M | 14 | 0.4% | Increased |
|