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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
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$37.1M -$17.7M 4 0.18% Reduced
227
BNP Paribas Asset Management
BNP Paribas Asset Management
France
$37M -$8.36M 5 0.28% Reduced
228
Menora Mivtachim Holdings
Menora Mivtachim Holdings
Israel
$36.9M +$17.1M 1 1% Increased
229
ACM
Academy Capital Management
Texas
$36.8M +$9.92M 2 9.18% Increased
230
TBC
Tweedy, Browne Co
Connecticut
$36.6M -$2.71M 1 1.1% Reduced
231
Cambiar Investors
Cambiar Investors
Colorado
$36.2M -$77.1M 1 0.66% Reduced
232
VOYA Investment Management
VOYA Investment Management
Georgia
$36M -$2.4M 6 0.07% Reduced
233
Alberta Investment Management Corp (AIMCo)
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$36M +$11.3M 2 0.31% Increased
234
Bartlett & Co Wealth Management
Bartlett & Co Wealth Management
Ohio
$35.6M -$642K 5 1.34% Reduced
235
Becker Capital Management
Becker Capital Management
Oregon
$35.6M +$38.3M 1 1.13% New
236
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$35.5M -$1.12M 5 0.18% Reduced
237
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$35.5M +$2.84M 2 0.27% Increased
238
Prudential plc
Prudential plc
United Kingdom
$35.4M +$5.47M 2 0.11% Increased
239
Bartlett & Co
Bartlett & Co
Ohio
$35.3M -$641K 5 1.32% Reduced
240
Natixis Advisors
Natixis Advisors
Massachusetts
$35.3M -$6.63M 5 0.31% Reduced
241
Balyasny Asset Management
Balyasny Asset Management
Illinois
$35M +$22M 3 0.16% Increased
242
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$34.7M +$10.3M 6 0.08% Increased
243
Treasurer of the State of North Carolina
Treasurer of the State of North Carolina
North Carolina
$34.3M +$13.3M 4 0.22% Increased
244
DZ Bank
DZ Bank
Germany
$34.2M -$15.1M 3 0.12% Reduced
245
Arizona State Retirement System
Arizona State Retirement System
Arizona
$33.7M -$1.06M 5 0.32% Reduced
246
AL
AJO LP
Pennsylvania
$33.4M -$6.3M 3 0.16% Reduced
247
CC
Carlson Capital
Texas
$33.4M +$33.7M 2 0.41% New
248
NEAM
New England Asset Management
Connecticut
$33.3M $0 2 0.57% Maintained
249
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$33M +$3.91M 4 0.06% Increased
250
Axa
Axa
France
$32.9M -$16.4M 4 0.12% Reduced