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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
2026	HI Hendershot Investments Centreville, Virginia	$0	-$187K	–	Closed
2027	HC Henshaw Capital Woburn, Massachusetts	$0	-$1.04M	–	Closed
2028	Iconiq Capital San Francisco, California	$0	-$817K	–	Closed
2029	IP Ignite Planners San Clemente, California	$0	-$202K	–	Closed
2030	IPW Impact Partnership Wealth Marietta, Georgia	$0	-$263K	–	Closed
2031	IA Integrity Alliance Urbandale, Iowa	$0	-$204K	–	Closed
2032	IFS Intelligent Financial Strategies Excelsior, Minnesota	$0	-$21.7K	–	Closed
2033	IMC Investment Management Corporation Roanoke, Virginia	$0	-$3.25K	–	Closed
2034	JGC J. Goldman & Co New York	$0	-$3.99M	–	Closed
2035	KIA KCM Investment Advisors Greenbrae, California	$0	-$675K	–	Closed
2036	KGC Kennon-Green & Company New Albany, Ohio	$0	-$668K	–	Closed
2037	KA Kercheville Advisors San Antonio, Texas	$0	-$95K	–	Closed
2038	KLCM KG&L Capital Management Saint Francisville, Louisiana	$0	-$351K	–	Closed
2039	KWM Kiker Wealth Management Jasper, Georgia	$0	-$507K	–	Closed
2040	Klingenstein Fields & Co New York	$0	-$18.3M	–	Closed
2041	KHC Koesten Hirschmann & Crabtree Overland Park, Kansas	$0	-$15.2K	–	Closed
2042	Koshinski Asset Management Decatur, Illinois	$0	-$279K	–	Closed
2043	LPFG Landing Point Financial Group Avon, Ohio	$0	-$215K	–	Closed
2044	LWA Lantern Wealth Advisors Melville, New York	$0	-$222K	–	Closed
2045	Laurion Capital Management New York	$0	-$214K	–	Closed
2046	LFA Legend Financial Advisors Pittsburgh, Pennsylvania	$0	-$7K	–	Closed
2047	LGT Group Foundation Vaduz, Liechtenstein	$0	-$203K	–	Closed
2048	Lighthouse Investment Partners Palm Beach Gardens, Florida	$0	-$1.51M	–	Closed
2049	Liontrust Investment Partners London, United Kingdom	$0	-$480K	–	Closed
2050	LIM Loudon Investment Management West Lebanon, New Hampshire	$0	-$534K	–	Closed