← All themes GLP-1 & Obesity

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
26	JPM JANA Partners Management New York	$375M	-$40.3M	1	18.83%	Reduced
27	Deutsche Bank Frankfurt Am Main Ge, Germany	$364M	-$16.9M	17	0.13%	Reduced
28	D.E. Shaw & Co New York	$351M	+$100M	16	0.25%	Increased
29	Franklin Resources San Mateo, California	$338M	-$16.4M	14	0.09%	Reduced
30	LSV Asset Management Chicago, Illinois	$326M	-$25.1M	6	0.76%	Reduced
31	Barclays London, United Kingdom	$317M	+$5.11M	18	0.07%	Increased
32	Millennium Management New York	$312M	+$86.8M	17	0.15%	Increased
33	Squarepoint New York	$312M	+$175M	12	0.32%	Increased
34	Dragoneer Investment Group San Francisco, California	$306M	+$153M	1	6.24%	Increased
35	American Century Companies Kansas City, Missouri	$302M	+$7.97M	15	0.16%	Increased
36	Amundi Paris, France	$301M	-$48.1M	8	0.1%	Reduced
37	Royal Bank of Canada Toronto, Ontario, Canada	$292M	+$123M	19	0.05%	Increased
38	Wellington Management Group Boston, Massachusetts	$254M	-$18.4M	6	0.05%	Reduced
39	Macquarie Group Sydney, NSW 2000, Australia	$245M	-$105M	6	0.3%	Reduced
40	William Blair Investment Management Chicago, Illinois	$244M	+$155M	3	0.65%	Increased
41	Holocene Advisors New York	$243M	+$28.7M	4	0.59%	Increased
42	BNP Paribas Financial Markets Paris, France	$237M	+$22.3M	19	0.14%	Increased
43	Gates Capital Management New York	$233M	+$24.1M	2	4.01%	Increased
44	Renaissance Technologies New York	$224M	-$30.8M	12	0.3%	Reduced
45	W.K. Kellogg Foundation Trust Battle Creek, Michigan	$215M	$0	1	5.56%	Maintained
46	AllianceBernstein Nashville, Tennessee	$211M	-$33.8M	17	0.07%	Reduced
47	Swiss National Bank Zurich, Switzerland	$209M	+$9.66M	14	0.13%	Increased
48	Janus Henderson Group London,	$208M	-$1.12M	14	0.1%	Reduced
49	Nuveen Charlotte, North Carolina	$203M	-$36.8M	18	0.06%	Reduced
50	AQR Capital Management Greenwich, Connecticut	$202M	-$95M	18	0.17%	Reduced