Obesity Second-Order Effects
Weight-loss medicines change demand well outside healthcare — in snacks, alcohol, apparel sizing, dialysis, and bariatric surgery. Some companies gain from the shift and others lose, which is exactly why the linkage is worth tagging.
26 stocks
| # | Name | Holding | Trade Value |
Theme Stocks |
% of Portfolio | Status | |
|---|---|---|---|---|---|---|---|
| 1 |
Berkshire Hathaway
Omaha,
Nebraska
| $6.43B | -$222M | 1 | 2.15% | Reduced |
|
| 2 |
BlackRock
New York
| $5.62B | +$377M | 20 | 0.08% | Increased |
|
| 3 |
Vanguard Capital Management
Malvern,
Pennsylvania
| $3.43B | -$171M | 19 | 0.07% | Reduced |
|
| 4 |
Vanguard Portfolio Management
Malvern,
Pennsylvania
| $3.01B | +$85.3M | 16 | 0.14% | Increased |
|
| 5 |
State Street
Boston,
Massachusetts
| $2.26B | -$108M | 18 | 0.07% | Reduced |
|
| 6 |
Geode Capital Management
Boston,
Massachusetts
| $1.45B | -$49.2M | 19 | 0.08% | Reduced |
|
| 7 |
Morgan Stanley
New York
| $1.2B | -$180M | 20 | 0.06% | Reduced |
|
| 8 |
T. Rowe Price Associates
Baltimore,
Maryland
| $1.08B | +$165M | 16 | 0.11% | Increased |
|
| 9 |
Bank of New York Mellon
New York
| $1.07B | -$147M | 18 | 0.18% | Reduced |
|
| 10 |
Dimensional Fund Advisors
Austin,
Texas
| $1.06B | +$3.92M | 19 | 0.19% | Increased |
|
| 11 |
AQR Capital Management
Greenwich,
Connecticut
| $991M | +$511M | 18 | 0.35% | Increased |
|
| 12 |
Goldman Sachs
New York
| $805M | +$145M | 18 | 0.07% | Increased |
|
| 13 |
Invesco
Atlanta,
Georgia
| $788M | -$297M | 18 | 0.06% | Reduced |
|
| 14 |
Fidelity Investments
Boston,
Massachusetts
| $754M | +$96.2M | 19 | 0.03% | Increased |
|
| 15 |
UBS Group
Zurich,
Switzerland
| $622M | +$803K | 20 | 0.08% | Increased |
|
| 16 |
JP Morgan Chase
New York
| $604M | -$5.38M | 20 | 0.03% | Reduced |
|
| 17 |
Northern Trust
Chicago,
Illinois
| $600M | -$10.2M | 20 | 0.07% | Reduced |
|
| 18 |
First Trust Advisors
Wheaton,
Illinois
| $600M | +$208M | 11 | 0.35% | Increased |
|
| 19 |
Charles Schwab
San Francisco,
California
| $548M | -$3.19M | 19 | 0.07% | Reduced |
|
| 20 |
Pzena Investment Management
New York
| $540M | +$94.6M | 2 | 1.59% | Increased |
|
| 21 |
Arrowstreet Capital
Boston,
Massachusetts
| $535M | +$10.6M | 12 | 0.24% | Increased |
|
| 22 |
Norges Bank
Oslo,
Norway
| $520M | +$498M | 7 | 0.05% | New |
|
| 23 |
Bank of America
Charlotte,
North Carolina
| $486M | +$37.8M | 18 | 0.03% | Increased |
|
| 24 |
Two Sigma Investments
New York
| $411M | -$35.1M | 16 | 0.3% | Reduced |
|
| 25 |
First Eagle Investment Management
New York
| $411M | +$6.27M | 2 | 0.68% | Increased |
|