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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
1901	Park National Corp Newark, Ohio	$0	-$251K	–	Closed
1902	PI Parkside Investments Deerfield, Illinois	$0	-$25K	–	Closed
1903	Penserra Capital Management Orinda, California	$0	-$2.5M	–	Closed
1904	PWPS Pinnacle Wealth Planning Services Mansfield, Ohio	$0	-$330K	–	Closed
1905	PIM Platinum Investment Management Sydney Australia 2000, Australia	$0	-$8.54M	–	Closed
1906	PWAG Polaris Wealth Advisory Group San Rafael, California	$0	-$202K	–	Closed
1907	PCM Price Capital Management Lafayette, Louisiana	$0	-$126K	–	Closed
1908	PG Proffitt & Goodson Knoxville, Tennessee	$0	-$2K	–	Closed
1909	PCA Providence Capital Advisors Charlotte, North Carolina	$0	-$9K	–	Closed
1910	RCYC Richard C. Young & Co Newport, Rhode Island	$0	-$6.07M	–	Closed
1911	RFO RiverGlades Family Offices Naples, Florida	$0	-$473K	–	Closed
1912	RGI River Global Investors London, United Kingdom	$0	-$1.4M	–	Closed
1913	RGC Roberts, Glore & Co Deerfield, Illinois	$0	-$263K	–	Closed
1914	RAG Roof Advisory Group Harrisburg, Pennsylvania	$0	-$4.58M	–	Closed
1915	RIL Rothschild Investment LLC Chicago, Illinois	$0	-$208K	–	Closed
1916	RTS Round Table Services Westfield, New Jersey	$0	-$259K	–	Closed
1917	RAM RWC Asset Management London, United Kingdom	$0	-$7.12M	–	Closed
1918	Salem Investment Counselors Winston Salem, North Carolina	$0	-$55K	–	Closed
1919	SC Scholtz & Company Stamford, Connecticut	$0	-$2.34M	–	Closed
1920	SAM Scopus Asset Management New York	$0	-$82.3M	–	Closed
1921	SSI Scott & Selber Inc Houston, Texas	$0	-$2.39M	–	Closed
1922	Select Equity Group New York	$0	-$4.04M	–	Closed
1923	SKK Shepherd Kaplan Krochuk Boston, Massachusetts	$0	-$400K	–	Closed
1924	SFM Signature Financial Management Norfolk, Virginia	$0	-$227K	–	Closed
1925	SFM Signet Financial Management Parsippany, New Jersey	$0	-$115K	–	Closed