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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
76
Deutsche Bank
Deutsche Bank
Germany
$215M -$12.8M 11 0.1% Reduced
77
AGF Investments Inc
AGF Investments Inc
Ontario, Canada
$202M +$24.3M 1 1.45% Increased
78
ClearBridge Investments
ClearBridge Investments
New York
$200M -$500M 3 0.14% Reduced
79
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$197M -$33M 5 0.12% Reduced
80
Confluence Investment Management
Confluence Investment Management
Missouri
$192M +$50.9K 1 2.55% Increased
81
Ameriprise
Ameriprise
Minnesota
$188M +$34.5M 10 0.05% Increased
82
D.E. Shaw & Co
D.E. Shaw & Co
New York
$183M -$140M 10 0.15% Reduced
83
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$180M -$4.27M 5 0.84% Reduced
84
Davenport & Co
Davenport & Co
Virginia
$180M -$59.1M 6 1.18% Reduced
85
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$176M +$3.68M 6 0.34% Increased
86
Principal Financial Group
Principal Financial Group
Iowa
$173M -$22.9M 6 0.1% Reduced
87
ProShare Advisors
ProShare Advisors
Maryland
$168M +$13M 5 0.33% Increased
88
Bridgewater Associates
Bridgewater Associates
Connecticut
$166M -$4.87M 6 0.96% Reduced
89
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$165M +$2.56M 3 0.5% Increased
90
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$165M +$1.91M 11 0.14% Increased
91
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$160M -$2.19M 1 0.72% Reduced
92
Credit Suisse
Credit Suisse
Switzerland
$157M -$24.8M 10 0.08% Reduced
93
Stifel Financial
Stifel Financial
Missouri
$155M -$4.75M 8 0.2% Reduced
94
Durable Capital Partners
Durable Capital Partners
Maryland
$149M -$84.6M 1 1.16% Reduced
95
Pictet Asset Management (Switzerland)
Pictet Asset Management (Switzerland)
Switzerland
$146M +$15.8M 5 0.15% Increased
96
Select Equity Group
Select Equity Group
New York
$146M +$45.5M 1 0.4% Increased
97
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$145M +$4.26M 5 0.5% Increased
98
Barclays
Barclays
United Kingdom
$142M -$13.5M 9 0.05% Reduced
99
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$142M +$5.01M 8 0.17% Increased
100
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$141M -$18.7M 8 0.14% Reduced