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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
Westfield Capital Management
Westfield Capital Management
Massachusetts
$173M +$22.7M 2 1.1% Increased
77
Baird Financial Group
Baird Financial Group
Wisconsin
$173M +$15.9M 7 0.46% Increased
78
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$171M -$29.2M 4 0.13% Reduced
79
Jane Street
Jane Street
New York
$171M +$128M 13 0.06% Increased
80
Mawer Investment Management
Mawer Investment Management
Alberta, Canada
$169M -$3.82M 1 0.88% Reduced
81
Los Angeles Capital Management
Los Angeles Capital Management
California
$164M +$26.2M 4 0.66% Increased
82
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$162M +$14.2M 13 0.18% Increased
83
VanEck Associates
VanEck Associates
New York
$159M +$21.1M 5 0.35% Increased
84
Bank of Montreal
Bank of Montreal
Ontario, Canada
$157M +$50.2M 12 0.05% Increased
85
Davenport & Co
Davenport & Co
Virginia
$157M -$16.8M 5 1.15% Reduced
86
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
$154M -$620K 13 0.13% Reduced
87
Maverick Capital
Maverick Capital
Texas
$154M +$143M 5 3.28% Increased
88
Confluence Investment Management
Confluence Investment Management
Missouri
$153M -$2.74M 2 2.23% Reduced
89
Ruffer LLP
Ruffer LLP
United Kingdom
$144M -$48.2M 2 8.41% Reduced
90
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$139M +$8.05M 8 0.2% Increased
91
Natixis Advisors
Natixis Advisors
Massachusetts
$137M +$4.8M 7 0.42% Increased
92
Stifel Financial
Stifel Financial
Missouri
$136M -$6.33M 8 0.19% Reduced
93
Point72 Asset Management
Point72 Asset Management
Connecticut
$136M +$4.04M 5 0.4% Increased
94
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$135M +$52M 14 0.03% Increased
95
New York State Common Retirement Fund
New York State Common Retirement Fund
New York
$133M +$5.2M 11 0.17% Increased
96
Ninety One (UK)
Ninety One (UK)
United Kingdom
$133M +$5.86M 2 0.39% Increased
97
SEI Investments
SEI Investments
Pennsylvania
$132M -$2.28M 11 0.23% Reduced
98
Jarislowsky, Fraser Ltd
Jarislowsky, Fraser Ltd
Quebec, Canada
$132M +$103K 5 0.78% Increased
99
First Trust Advisors
First Trust Advisors
Illinois
$130M -$197M 8 0.15% Reduced
100
Schroder Investment Management Group
Schroder Investment Management Group
United Kingdom
$130M -$10.1M 3 0.19% Reduced