← 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
1	Vanguard Group Malvern, Pennsylvania	$2.54B	+$2.56B	10	0.27%	New
2	Berkshire Hathaway Omaha, Nebraska	$1.81B	+$1.87B	1	1.97%	New
3	State Street Boston, Massachusetts	$1.67B	+$1.69B	9	0.22%	New
4	Fidelity Investments Boston, Massachusetts	$1.52B	+$1.5B	6	0.25%	New
5	AG Artal Group Luxembourg	$1.32B	+$1.25B	1	41.61%	New
6	Capital Research Global Investors Los Angeles, California	$1.12B	+$1.12B	3	0.48%	New
7	BlackRock Institutional Trust San Francisco, California	$1.09B	+$1.09B	9	0.22%	New
8	Icahn Carl Sunny Isles Beach, Florida	$766M	+$722M	1	3.56%	New
9	Bank of New York Mellon New York	$764M	+$769M	10	0.24%	New
10	Morgan Stanley New York	$697M	+$674M	10	0.35%	New
11	BlackRock Fund Advisors San Francisco, California	$642M	+$650M	10	0.24%	New
12	Bank of America Charlotte, North Carolina	$633M	+$633M	11	0.27%	New
13	JP Morgan Chase New York	$572M	+$586M	10	0.18%	New
14	Northern Trust Chicago, Illinois	$544M	+$546M	10	0.2%	New
15	Janus Henderson Investors US Denver, Colorado	$538M	+$554M	3	0.56%	New
16	Brown Advisory Baltimore, Maryland	$417M	+$431M	2	1.67%	New
17	Ameriprise Minneapolis, Minnesota	$326M	+$366M	10	0.23%	New
18	PCM Pennant Capital Management Summit, New Jersey	$323M	+$334M	1	6.02%	New
19	D.E. Shaw & Co New York	$311M	+$312M	7	0.59%	New
20	TimesSquare Capital Management New York	$308M	+$319M	1	1.9%	New
21	AllianceBernstein Nashville, Tennessee	$307M	+$306M	10	0.33%	New
22	Norges Bank Oslo, Norway	$306M	+$306M	7	0.19%	New
23	TIAA CREF Investment Management New York	$285M	+$285M	9	0.23%	New
24	Jennison Associates New York	$273M	+$273M	2	0.31%	New
25	Invesco Atlanta, Georgia	$271M	+$272M	10	0.13%	New