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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
126
Prudential Financial
Prudential Financial
New Jersey
$130M +$13.1M 4 0.19% Increased
127
Two Sigma Advisers
Two Sigma Advisers
New York
$129M -$17.7M 5 0.37% Reduced
128
Confluence Investment Management
Confluence Investment Management
Missouri
$129M +$1.21M 2 2.47% Increased
129
Raymond James & Associates
Raymond James & Associates
Florida
$120M -$6.78M 9 0.24% Reduced
130
AGA
Altrinsic Global Advisors
Connecticut
$120M +$1.51M 2 4.53% Increased
131
First Trust Advisors
First Trust Advisors
Illinois
$118M +$27.1M 7 0.3% Increased
132
Stifel Financial
Stifel Financial
Missouri
$117M +$2.39M 7 0.41% Increased
133
RhumbLine Advisers
RhumbLine Advisers
Massachusetts
$117M -$980K 6 0.25% Reduced
134
CIP
Champlain Investment Partners
Vermont
$116M +$8.08M 3 1.37% Increased
135
NCA
Newbrook Capital Advisors
New York
$113M -$15.8M 1 8.2% Reduced
136
Ninety One (UK)
Ninety One (UK)
United Kingdom
$113M -$1.34M 2 0.5% Reduced
137
Discovery Capital Management
Discovery Capital Management
Connecticut
$112M -$4.95M 1 2.68% Reduced
138
Jennison Associates
Jennison Associates
New York
$110M -$249M 3 0.11% Reduced
139
Douglass Winthrop Advisors
Douglass Winthrop Advisors
New York
$107M -$908K 5 6.2% Reduced
140
Haverford Trust Company
Haverford Trust Company
Pennsylvania
$106M +$1.4M 4 2.22% Increased
141
New York State Teachers Retirement System (NYSTRS)
New York State Teachers Retirement System (NYSTRS)
New York
$105M -$843K 4 0.26% Reduced
142
California State Teachers Retirement System (CalSTRS)
California State Teachers Retirement System (CalSTRS)
California
$105M -$9.87M 6 0.23% Reduced
143
Credit Agricole
Credit Agricole
France
$104M -$5.21M 5 0.35% Reduced
144
BBP
Banco BTG Pactual
Brazil
$101M +$17.6M 2 41.42% Increased
145
Asset Management One
Asset Management One
Japan
$100M -$1.43M 4 0.23% Reduced
146
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
$93.8M +$73M 5 0.55% Increased
147
Beck Mack & Oliver
Beck Mack & Oliver
New York
$93.2M +$108K 1 3.07% Increased
148
State Board of Administration of Florida Retirement System
State Board of Administration of Florida Retirement System
Florida
$92.9M +$436K 6 0.25% Increased
149
Aberdeen Group
Aberdeen Group
United Kingdom
$92.5M +$93.1M 5 0.17% New
150
Tocqueville Asset Management
Tocqueville Asset Management
New York
$90.4M +$4.38M 4 1.04% Increased