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Alcohol

Brewers, distillers, and winemakers sell brands with very long lives and steady pricing power. Volumes are flat in mature markets, so growth has to come from premium products and from newer ones.

24 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
226
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$37.6M -$8.86M 6 0.13% Reduced
227
TBC
Tweedy, Browne Co
Connecticut
$37.5M -$832K 1 0.96% Reduced
228
London Company of Virginia
London Company of Virginia
Virginia
$37M +$250K 1 0.39% Increased
229
Sumitomo Mitsui DS Asset Management
Sumitomo Mitsui DS Asset Management
Japan
$36.8M +$4.19M 4 1.13% Increased
230
Analytic Investors
Analytic Investors
California
$36.7M -$18.9M 1 0.52% Reduced
231
NFA
Nationwide Fund Advisors
Ohio
$36.7M -$12.6M 7 0.16% Reduced
232
Aberdeen Asset Management
Aberdeen Asset Management
United Kingdom
$36.7M +$1.97M 4 0.09% Increased
233
Sit Investment Associates
Sit Investment Associates
Minnesota
$36.3M +$1.71M 3 0.6% Increased
234
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$36M -$21.7M 4 0.19% Reduced
235
Cooke & Bieler
Cooke & Bieler
Pennsylvania
$36M +$1.78M 1 0.8% Increased
236
MSA
Mason Street Advisors
Wisconsin
$35.3M +$13M 7 0.25% Increased
237
Douglas C. Lane & Associates
Douglas C. Lane & Associates
New York
$35.2M +$4.77M 1 0.95% Increased
238
US Bancorp
US Bancorp
Minnesota
$34.8M -$3.1M 9 0.13% Reduced
239
TCW Group
TCW Group
California
$34.7M +$2.91M 3 0.15% Increased
240
CIP
Champlain Investment Partners
Vermont
$34.4M +$2.45M 2 0.55% Increased
241
M&T Bank
M&T Bank
New York
$34.4M +$1.31M 7 0.22% Increased
242
HL Financial Services
HL Financial Services
Kentucky
$34.3M +$426K 5 0.94% Increased
243
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$34M +$6.27M 3 0.2% Increased
244
ACI
AMP Capital Investors
Australia
$33.8M -$99.1K 4 0.21% Reduced
245
HM Payson & Co
HM Payson & Co
Maine
$33.6M +$10.3M 3 1.66% Increased
246
Fifth Third Bancorp
Fifth Third Bancorp
Ohio
$33.6M +$2.21M 8 0.29% Increased
247
Korea Investment Corp
Korea Investment Corp
South Korea
$33.5M +$3.54M 2 0.28% Increased
248
USS Investment Management
USS Investment Management
United Kingdom
$33.3M +$1.68M 1 0.55% Increased
249
ING Group
ING Group
Netherlands
$33.2M +$5.09M 5 0.16% Increased
250
CCM
Cornerstone Capital Management
Minnesota
$33.1M -$1.17M 1 1.07% Reduced