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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
151
Federated Hermes
Federated Hermes
Pennsylvania
$93.6M -$4.37M 7 0.26% Reduced
152
Haverford Trust Company
Haverford Trust Company
Pennsylvania
$93.2M -$6.99M 4 1.83% Reduced
153
Tocqueville Asset Management
Tocqueville Asset Management
New York
$90.6M -$5.43M 4 1.03% Reduced
154
AIM
Allen Investment Management
New York
$89M +$23M 3 3.98% Increased
155
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$87.2M -$4.78M 3 0.39% Reduced
156
Amundi Asset Management US
Amundi Asset Management US
Massachusetts
$87.1M +$69M 5 0.13% Increased
157
Beck Mack & Oliver
Beck Mack & Oliver
New York
$85.9M -$1.3M 1 2.82% Reduced
158
State of Wisconsin Investment Board
State of Wisconsin Investment Board
Wisconsin
$85.8M +$6.47M 4 0.24% Increased
159
Capital Research Global Investors
Capital Research Global Investors
California
$83.7M +$11.2K 1 0.02% Increased
160
Baird Financial Group
Baird Financial Group
Wisconsin
$81.9M +$1.39M 6 0.58% Increased
161
Madison Investment Holdings
Madison Investment Holdings
Wisconsin
$78.1M -$10.7M 2 1.33% Reduced
162
SIC
Schwartz Investment Counsel
Michigan
$77M -$23.8K 2 4.56% Reduced
163
SEI Investments
SEI Investments
Pennsylvania
$76.7M -$1.3M 9 0.27% Reduced
164
Artisan Partners
Artisan Partners
Wisconsin
$76.2M -$120M 1 0.14% Reduced
165
ELI
Empire Life Investments
Ontario, Canada
$75.9M +$8.12M 2 5.86% Increased
166
State of New Jersey Common Pension Fund D
State of New Jersey Common Pension Fund D
New Jersey
$75.4M -$812K 2 0.29% Reduced
167
AEGON Asset Management (UK)
AEGON Asset Management (UK)
United Kingdom
$74.7M +$68.5M 1 1.89% Increased
168
JP Morgan Private Wealth Advisors
JP Morgan Private Wealth Advisors
California
$73M +$2.16M 7 0.48% Increased
169
NI
Nuance Investments
Missouri
$72.2M -$8.53M 1 4.83% Reduced
170
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
$71.4M +$18M 5 0.96% Increased
171
USAA
United Services Automobile Association
Texas
$70.8M +$3.39M 4 0.19% Increased
172
Cullen Capital Management
Cullen Capital Management
New York
$69.7M -$10.8M 2 2.39% Reduced
173
Douglas Lane & Associates
Douglas Lane & Associates
New York
$69.3M -$889K 1 1.46% Reduced
174
HL Financial Services
HL Financial Services
Kentucky
$68.6M -$74.4K 5 1.33% Reduced
175
BBP
Banco BTG Pactual
Brazil
$68.4M -$27.8M 2 38.22% Reduced