← 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	$4.53B	+$33.3M	11	0.25%	Increased
2	Berkshire Hathaway Omaha, Nebraska	$2.48B	$0	1	1.67%	Maintained
3	State Street Boston, Massachusetts	$1.98B	-$82.2M	12	0.19%	Reduced
4	BlackRock Fund Advisors San Francisco, California	$1.38B	+$58.6M	11	0.25%	Increased
5	BlackRock Institutional Trust San Francisco, California	$1.37B	+$28.7M	11	0.2%	Increased
6	Fidelity Investments Boston, Massachusetts	$1.12B	-$144M	8	0.15%	Reduced
7	Capital Research Global Investors Los Angeles, California	$1.09B	-$60.4M	3	0.35%	Reduced
8	Icahn Carl Sunny Isles Beach, Florida	$1.08B	+$158M	1	4.84%	Increased
9	Bank of New York Mellon New York	$822M	+$49.5M	12	0.24%	Increased
10	JP Jana Partners New York	$774M	-$126M	2	13.57%	Reduced
11	Capital World Investors Los Angeles, California	$741M	+$183M	2	0.19%	Increased
12	Morgan Stanley New York	$670M	+$15.1M	13	0.22%	Increased
13	T. Rowe Price Associates Baltimore, Maryland	$631M	+$124M	9	0.13%	Increased
14	Northern Trust Chicago, Illinois	$602M	+$5.53M	12	0.18%	Increased
15	Norges Bank Oslo, Norway	$566M	+$28.8M	8	0.25%	Increased
16	DVI Deccan Value Investors Greenwich, Connecticut	$474M	+$299M	2	34.51%	Increased
17	Neuberger Berman Group New York	$474M	+$3.05M	5	0.64%	Increased
18	Goldman Sachs New York	$467M	+$33.3M	12	0.13%	Increased
19	Boston Partners Boston, Massachusetts	$450M	+$256M	4	0.59%	Increased
20	Bank of America Charlotte, North Carolina	$425M	+$17.9M	12	0.09%	Increased
21	BlackRock Group London, United Kingdom	$424M	-$25.6M	9	0.2%	Reduced
22	Geode Capital Management Boston, Massachusetts	$412M	+$13.3M	12	0.19%	Increased
23	Wells Fargo San Francisco, California	$376M	+$31.6M	12	0.13%	Increased
24	TIAA CREF Investment Management New York	$362M	-$57.2M	10	0.27%	Reduced
25	Dimensional Fund Advisors Austin, Texas	$341M	+$4.35M	11	0.17%	Increased