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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
DCP
Darsana Capital Partners
New York
$276M -$4.94M 1 8.41% Reduced
52
Pacer Advisors
Pacer Advisors
Pennsylvania
$263M -$45.7M 7 0.57% Reduced
53
Canoe Financial
Canoe Financial
Alberta, Canada
$258M +$1.03B 1 4.2% Increased
54
Citadel Advisors
Citadel Advisors
Florida
$235M -$30.2M 13 0.04% Reduced
55
Markel Group
Markel Group
Virginia
$224M $0 4 1.98% Maintained
56
Sculptor Capital
Sculptor Capital
New York
$213M +$356K 2 2.84% Increased
57
First Trust Advisors
First Trust Advisors
Illinois
$200M +$71.1M 8 0.18% Increased
58
Amundi
Amundi
France
$199M -$1.63M 7 0.07% Reduced
59
London Company of Virginia
London Company of Virginia
Virginia
$198M -$17.2M 2 1.08% Reduced
60
Confluence Investment Management
Confluence Investment Management
Missouri
$196M -$6.62M 3 2.72% Reduced
61
Westwood Global Investments
Westwood Global Investments
Massachusetts
$190M +$1.03M 1 9.64% Increased
62
Natixis Advisors
Natixis Advisors
Massachusetts
$187M -$13.5M 6 0.35% Reduced
63
D.E. Shaw & Co
D.E. Shaw & Co
New York
$186M +$89.8M 9 0.14% Increased
64
California Public Employees Retirement System
California Public Employees Retirement System
California
$182M -$513K 2 0.12% Reduced
65
Nuveen
Nuveen
North Carolina
$175M -$15.2M 8 0.05% Reduced
66
CIP
Champlain Investment Partners
Vermont
$173M -$91.3M 2 1.1% Reduced
67
Renaissance Technologies
Renaissance Technologies
New York
$168M +$1.4M 8 0.25% Increased
68
LT
Lindsell Train
United Kingdom
$167M -$3.6M 2 4.19% Reduced
69
Kovitz Investment Group Partners
Kovitz Investment Group Partners
Illinois
$166M +$60.1M 5 0.81% Increased
70
Harding Loevner
Harding Loevner
New Jersey
$162M -$106M 1 1.1% Reduced
71
Swiss National Bank
Swiss National Bank
Switzerland
$160M -$9.87M 6 0.11% Reduced
72
Millennium Management
Millennium Management
New York
$156M -$76.6M 11 0.08% Reduced
73
Squarepoint
Squarepoint
New York
$156M +$90.4M 8 0.15% Increased
74
ProShare Advisors
ProShare Advisors
Maryland
$154M -$9.18M 3 0.35% Reduced
75
Lazard Asset Management
Lazard Asset Management
New York
$149M -$22.5M 5 0.22% Reduced