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
| $11.8B | +$26.8M | 20 | 0.17% | Increased |
|
| 2 |
BlackRock
New York
| $7.32B | -$338M | 21 | 0.12% | Reduced |
|
| 3 |
Fidelity Investments
Boston,
Massachusetts
| $4.77B | -$24.4M | 18 | 0.24% | Reduced |
|
| 4 |
State Street
Boston,
Massachusetts
| $3.67B | +$76.4M | 20 | 0.12% | Increased |
|
| 5 |
Morgan Stanley
New York
| $2.39B | +$147M | 24 | 0.14% | Increased |
|
| 6 |
Bank of America
Charlotte,
North Carolina
| $2.3B | -$31.5M | 22 | 0.17% | Reduced |
|
| 7 |
Geode Capital Management
Boston,
Massachusetts
| $2.22B | +$72.1M | 21 | 0.14% | Increased |
|
| 8 |
Bank of New York Mellon
New York
| $2.21B | +$4.72M | 15 | 0.39% | Increased |
|
| 9 |
Schroder Investment Management Group
London,
United Kingdom
| $2.11B | +$1.02B | 5 | 1.6% | Increased |
|
| 10 |
Invesco
Atlanta,
Georgia
| $1.8B | -$128M | 15 | 0.17% | Reduced |
|
| 11 |
Goldman Sachs
New York
| $1.71B | +$102M | 20 | 0.21% | Increased |
|
| 12 |
Norges Bank
Oslo,
Norway
| $1.67B | +$1.67B | 10 | 0.18% | New |
|
| 13 |
Amundi
Paris,
France
| $1.56B | +$44.9M | 9 | 0.42% | Increased |
|
| 14 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
| $1.46B | -$20.7M | 1 | 1.21% | Reduced |
|
| 15 |
Dimensional Fund Advisors
Austin,
Texas
| $1.11B | +$11.6M | 16 | 0.23% | Increased |
|
| 16 |
UBS Group
Zurich,
Switzerland
| $1.04B | -$123M | 27 | 0.17% | Reduced |
|
| 17 |
Ameriprise
Minneapolis,
Minnesota
| $1.04B | +$59M | 13 | 0.23% | Increased |
|
| 18 |
Northern Trust
Chicago,
Illinois
| $1.01B | -$41.6M | 18 | 0.13% | Reduced |
|
| 19 |
JP Morgan Chase
New York
| $1.01B | -$315M | 18 | 0.06% | Reduced |
|
| 20 |
AllianceBernstein
Nashville,
Tennessee
| $999M | +$9.12M | 14 | 0.32% | Increased |
|
| 21 |
Charles Schwab
San Francisco,
California
| $998M | +$17.2M | 17 | 0.15% | Increased |
|
| 22 |
T. Rowe Price Associates
Baltimore,
Maryland
| $981M | -$571M | 14 | 0.11% | Reduced |
|
| 23 |
Eagle Capital Management (New York)
New York
| $914M | -$23.2M | 1 | 2.85% | Reduced |
|
| 24 |
BOI
Bank of Italy
Rome,
Italy
| $907M | -$15.8M | 1 | 39.42% | Reduced |
|
| 25 |
AQR Capital Management
Greenwich,
Connecticut
| $848M | +$22.1M | 14 | 0.45% | Increased |
|