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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	% of Portfolio	Status
1601	Soros Fund Management New York	$0	-$2.62M	–	Closed
1602	SIMC Stillwater Investment Management (California) Palo Alto, California	$0	-$20.9M	–	Closed
1603	SS Sunbelt Securities Houston, Texas	$0	-$333K	–	Closed
1604	SFM Systematic Financial Management Teaneck, New Jersey	$0	-$3.35M	–	Closed
1605	TCTC Holdings Dallas, Texas	$0	-$7.47M	–	Closed
1606	TPI Tesco Pension Investment London, United Kingdom	$0	-$35.8M	–	Closed
1607	TCM Teza Capital Management Chicago, Illinois	$0	-$2.54M	–	Closed
1608	TC TFS Capital West Chester, Pennsylvania	$0	-$457K	–	Closed
1609	TH Timber Hill Greenwich, Connecticut	$0	-$4.26M	–	Closed
1610	TG TLP Group Evanston, Illinois	$0	-$370K	–	Closed
1611	T TOBAM Paris, France	$0	-$691K	–	Closed
1612	TPG Group Holdings (SBS) Advisors Fort Worth, Texas	$0	-$34M	–	Closed
1613	TC Trust Company Manhattan, Kansas	$0	-$5K	–	Closed
1614	VanEck Associates New York	$0	-$187K	–	Closed
1615	VWM Venturi Wealth Management Austin, Texas	$0	-$223K	–	Closed
1616	Waldron Private Wealth Bridgeville, Pennsylvania	$0	-$267K	–	Closed
1617	Weiss Multi-Strategy Advisers New York	$0	-$2.32M	–	Closed