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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
101
HRT Financial
HRT Financial
New York
$63.4M +$4.83M 8 0.2% Increased
102
FFH
Fairfax Financial Holdings
Ontario, Canada
$62.5M +$2.23M 1 3% Increased
103
GRQ
Gardner Russo & Quinn
Pennsylvania
$62.3M -$3.02M 2 0.67% Reduced
104
Loomis, Sayles & Company
Loomis, Sayles & Company
Massachusetts
$60.4M -$847K 2 0.07% Reduced
105
Fidelity International
Fidelity International
Bermuda
$59.8M -$843K 2 0.04% Reduced
106
Connor, Clark & Lunn Investment Management (CC&L)
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$59.1M -$5.25M 4 0.16% Reduced
107
SEI Investments
SEI Investments
Pennsylvania
$58.8M -$25.1M 8 0.06% Reduced
108
Marshall Wace
Marshall Wace
United Kingdom
$58.3M -$104M 5 0.05% Reduced
109
Sumitomo Mitsui Trust Group
Sumitomo Mitsui Trust Group
Japan
$57.3M -$21.2M 4 0.03% Reduced
110
Cullen Capital Management
Cullen Capital Management
New York
$56.1M -$60.7M 1 0.61% Reduced
111
Fort Washington Investment Advisors
Fort Washington Investment Advisors
Ohio
$55.9M +$714K 2 0.3% Increased
112
Two Sigma Advisers
Two Sigma Advisers
New York
$55.5M +$36.9M 5 0.11% Increased
113
AA
ABC Arbitrage
France
$55.3M +$13.4M 4 5.18% Increased
114
National Bank of Canada
National Bank of Canada
Quebec, Canada
$54.8M +$28.8M 10 0.05% Increased
115
ClearBridge Investments
ClearBridge Investments
New York
$54.6M -$18M 2 0.04% Reduced
116
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$53.4M -$3M 7 0.05% Reduced
117
KFAS
Keating Financial Advisory Services
Kansas
$53.3M +$53.5M 7 7.23% New
118
PFA Pension Forsikringsaktieselskab
PFA Pension Forsikringsaktieselskab
$52.3M +$51.9M 2 0.15% New
119
Tidal Investments
Tidal Investments
Wisconsin
$52.2M -$7.89M 8 0.12% Reduced
120
Franklin Resources
Franklin Resources
California
$51.9M +$3.08M 9 0.01% Increased
121
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$51.1M -$9.59M 7 0.01% Reduced
122
ORIO
Old Republic International (ORI)
Illinois
$50.3M +$15.2M 2 2.03% Increased
123
Brandywine Global Investment Management
Brandywine Global Investment Management
Pennsylvania
$47.5M +$2.21M 2 0.32% Increased
124
Voloridge Investment Management
Voloridge Investment Management
Florida
$47.4M +$22.9M 5 0.17% Increased
125
Alberta Investment Management Corp (AIMCo)
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$47.3M -$3.22M 3 0.28% Reduced