← 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	$10.4B	+$48.8M	19	0.24%	Increased
2	BlackRock New York	$8.13B	+$12.3M	20	0.21%	Increased
3	Berkshire Hathaway Omaha, Nebraska	$4.11B	$0	1	1.24%	Maintained
4	State Street Boston, Massachusetts	$3.69B	+$15.3M	20	0.17%	Increased
5	Fidelity Investments Boston, Massachusetts	$2.61B	+$80.1M	16	0.19%	Increased
6	Capital World Investors Los Angeles, California	$2.61B	-$366M	3	0.41%	Reduced
7	WCM Investment Management Laguna Beach, California	$2.37B	-$5.92M	2	5.33%	Reduced
8	Geode Capital Management Boston, Massachusetts	$1.76B	-$7.57M	20	0.21%	Reduced
9	Invesco Atlanta, Georgia	$1.32B	-$11.9M	16	0.32%	Reduced
10	Macquarie Group Sydney, NSW 2000, Australia	$1.3B	+$99.5M	13	1.09%	Increased
11	Northern Trust Chicago, Illinois	$1.23B	-$27M	20	0.2%	Reduced
12	T. Rowe Price Associates Baltimore, Maryland	$1.06B	-$15M	14	0.1%	Reduced
13	Dimensional Fund Advisors Austin, Texas	$1.01B	-$36.4M	13	0.31%	Reduced
14	Wellington Management Group Boston, Massachusetts	$836M	-$83.2M	12	0.13%	Reduced
15	Bank of New York Mellon New York	$830M	+$6.48M	19	0.15%	Increased
16	SPM Sycamore Partners Management New York	$814M	+$1.22B	1	100%	New
17	Norges Bank Oslo, Norway	$771M	-$48.3M	14	0.16%	Reduced
18	Renaissance Technologies New York	$737M	-$22.8M	14	0.92%	Reduced
19	Janus Henderson Group London,	$684M	-$114M	14	0.29%	Reduced
20	JP Morgan Chase New York	$666M	+$51M	19	0.08%	Increased
21	Charles Schwab San Francisco, California	$640M	+$6.29M	19	0.19%	Increased
22	LSV Asset Management Chicago, Illinois	$600M	+$540K	5	1.06%	Increased
23	CIP Champlain Investment Partners Burlington, Vermont	$579M	-$5.27M	4	2.62%	Reduced
24	APG Asset Management Amsterdam, Netherlands	$567M	+$70.2M	5	0.96%	Increased
25	Allspring Global Investments Charlotte, North Carolina	$553M	+$523M	15	0.62%	New