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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
26
Maverick Capital
Maverick Capital
Texas
$655M -$82.6M 3 8.31% Reduced
27
Deutsche Bank
Deutsche Bank
Germany
$646M +$115M 11 0.44% Increased
28
ClearBridge Investments
ClearBridge Investments
New York
$637M +$15.7M 4 0.61% Increased
29
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
$636M +$186M 13 0.31% Increased
30
Geode Capital Management
Geode Capital Management
Massachusetts
$622M +$23.3M 9 0.23% Increased
31
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$620M +$101M 8 0.11% Increased
32
Egerton Capital (UK)
Egerton Capital (UK)
United Kingdom
$613M +$70M 1 5.48% Increased
33
Fidelity International
Fidelity International
Bermuda
$581M -$48.7M 4 1.67% Reduced
34
Brown Brothers Harriman & Co
Brown Brothers Harriman & Co
New York
$526M -$10.6M 5 2.8% Reduced
35
Independent Franchise Partners
Independent Franchise Partners
United Kingdom
$503M +$89.5M 1 4.51% Increased
36
Third Point
Third Point
New York
$499M $0 1 4.19% Maintained
37
Invesco
Invesco
Georgia
$497M -$82M 9 0.18% Reduced
38
SIG
Senator Investment Group
New York
$468M -$124M 2 6.23% Reduced
39
Millennium Management
Millennium Management
New York
$439M +$192M 8 0.67% Increased
40
American Century Companies
American Century Companies
Missouri
$434M -$27.6M 5 0.44% Reduced
41
GRQ
Gardner Russo & Quinn
Pennsylvania
$392M -$302K 4 2.77% Reduced
42
Norges Bank
Norges Bank
Norway
$376M -$64.5M 4 0.14% Reduced
43
AllianceBernstein
AllianceBernstein
Tennessee
$374M -$14.8M 6 0.28% Reduced
44
SCM
Suvretta Capital Management
New York
$355M +$20.1M 1 10.01% Increased
45
Manning & Napier Advisors
Manning & Napier Advisors
New York
$350M -$62.8M 2 3% Reduced
46
Janus Henderson Group
Janus Henderson Group
$348M +$6.54M 5 0.22% Increased
47
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$337M -$68.7M 6 0.13% Reduced
48
Parametric Portfolio Associates
Parametric Portfolio Associates
Washington
$333M +$30.5M 10 0.36% Increased
49
AB
Atlas Brown
Kentucky
$330M +$310M 3 70.14% Increased
50
Raymond James Financial Services Advisors
Raymond James Financial Services Advisors
Florida
$301M +$7.79M 8 1.93% Increased