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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
ProShare Advisors
ProShare Advisors
Maryland
$174M +$20.4M 4 0.61% Increased
77
CIP
Champlain Investment Partners
Vermont
$169M -$10.6M 2 1.08% Reduced
78
AQR Capital Management
AQR Capital Management
Connecticut
$164M +$24.6M 9 0.37% Increased
79
Bridgewater Associates
Bridgewater Associates
Connecticut
$163M -$33.7M 5 0.89% Reduced
80
Confluence Investment Management
Confluence Investment Management
Missouri
$162M +$218K 2 2.42% Increased
81
AGF Management
AGF Management
Ontario, Canada
$156M +$161M 2 1.13% New
82
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$153M +$3.53M 11 0.15% Increased
83
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$151M -$13.4M 6 0.99% Reduced
84
National Bank of Canada
National Bank of Canada
Quebec, Canada
$148M +$113M 12 0.38% Increased
85
Stifel Financial
Stifel Financial
Missouri
$147M +$3.12M 8 0.22% Increased
86
Victory Capital Management
Victory Capital Management
Texas
$142M -$14.1M 7 0.16% Reduced
87
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$141M +$3.23M 1 0.79% Increased
88
Davenport & Co
Davenport & Co
Virginia
$140M -$115K 6 1.14% Reduced
89
Citigroup
Citigroup
New York
$136M +$7.24M 13 0.11% Increased
90
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$135M +$5.65M 9 0.18% Increased
91
Driehaus Capital Management
Driehaus Capital Management
Illinois
$135M -$29.3M 3 2.01% Reduced
92
JP Morgan Private Wealth Advisors
JP Morgan Private Wealth Advisors
California
$132M +$5.97M 7 0.3% Increased
93
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$129M -$6.14M 3 0.48% Reduced
94
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$128M -$15M 9 0.18% Reduced
95
Natixis Advisors
Natixis Advisors
Massachusetts
$125M +$11.7M 6 0.47% Increased
96
HSBC Holdings
HSBC Holdings
United Kingdom
$120M +$41M 12 0.14% Increased
97
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$119M +$1.39M 9 0.19% Increased
98
Ruffer LLP
Ruffer LLP
United Kingdom
$118M -$11.2M 2 7.89% Reduced
99
Principal Financial Group
Principal Financial Group
Iowa
$115M -$1.21M 6 0.09% Reduced
100
Credit Suisse
Credit Suisse
Switzerland
$113M -$7.93M 11 0.12% Reduced