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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
51
Deutsche Bank
Deutsche Bank
Germany
$277M -$5.07M 10 0.18% Reduced
52
Westwood Global Investments
Westwood Global Investments
Massachusetts
$277M +$9.34M 1 14.56% Increased
53
Raymond James & Associates
Raymond James & Associates
Florida
$256M -$5.66M 9 0.22% Reduced
54
Swiss National Bank
Swiss National Bank
Switzerland
$246M -$30.8M 7 0.19% Reduced
55
CIP
Champlain Investment Partners
Vermont
$242M +$1.83M 2 1.57% Increased
56
Envestnet Asset Management
Envestnet Asset Management
Illinois
$233M +$67.7M 10 0.11% Increased
57
Fundsmith Investment Services
Fundsmith Investment Services
Mauritius
$232M $0 1 3.61% Maintained
58
Balyasny Asset Management
Balyasny Asset Management
Illinois
$223M +$39.5M 7 0.45% Increased
59
DCP
Darsana Capital Partners
New York
$220M +$170M 1 10.78% Increased
60
Nuveen
Nuveen
North Carolina
$220M +$1.07M 8 0.08% Increased
61
Douglas Lane & Associates
Douglas Lane & Associates
New York
$217M +$358K 3 3.63% Increased
62
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$215M -$840K 5 1.01% Reduced
63
VOYA Investment Management
VOYA Investment Management
Georgia
$212M -$33.9M 7 0.23% Reduced
64
California Public Employees Retirement System
California Public Employees Retirement System
California
$203M +$11.6M 2 0.17% Increased
65
SIM
Sprucegrove Investment Management
Ontario, Canada
$197M -$10.5M 1 12.39% Reduced
66
Macquarie Group
Macquarie Group
Australia
$195M +$26.9M 7 0.24% Increased
67
GRQ
Gardner Russo & Quinn
Pennsylvania
$192M -$3.46M 2 2.1% Reduced
68
LT
Lindsell Train
United Kingdom
$188M $0 2 3.76% Maintained
69
Gabelli Funds
Gabelli Funds
New York
$179M -$2.19M 8 1.45% Reduced
70
Point72 Asset Management
Point72 Asset Management
Connecticut
$173M +$44.7M 7 0.5% Increased
71
Brown Brothers Harriman & Co
Brown Brothers Harriman & Co
New York
$170M -$4.28M 6 1.5% Reduced
72
Holocene Advisors
Holocene Advisors
New York
$167M -$38.4M 2 0.73% Reduced
73
Bank of Montreal
Bank of Montreal
Ontario, Canada
$167M +$5.27M 12 0.06% Increased
74
Baird Financial Group
Baird Financial Group
Wisconsin
$166M -$10.5M 7 0.45% Reduced
75
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$164M -$1.42M 4 0.14% Reduced