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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
2051	AIA Arcadia Investment Advisors Eagle, Idaho	$0	-$936	–	Closed
2052	Artisan Partners Milwaukee, Wisconsin	$0	-$84.8M	–	Closed
2053	ABTD Arvest Bank Trust Division Dewey, Oklahoma	$0	-$220K	–	Closed
2054	Atreides Management Boston, Massachusetts	$0	-$117M	–	Closed
2055	AWM Avitas Wealth Management Los Angeles, California	$0	-$1.59M	–	Closed
2056	AIM Axiom Investment Management New York	$0	-$220K	–	Closed
2057	BCPEMI Bain Capital Public Equity Management II Boston, Massachusetts	$0	-$91M	–	Closed
2058	BHWM Bar Harbor Wealth Management Concord, New Hampshire	$0	-$259K	–	Closed
2059	BCM Beddow Capital Management Jackson, Wyoming	$0	-$976K	–	Closed
2060	BMC Benin Management Corp Wilton, Connecticut	$0	-$201K	–	Closed
2061	BA Bluesphere Advisors East Norriton, Pennsylvania	$0	-$206K	–	Closed
2062	Boothbay Fund Management New York	$0	-$654K	–	Closed
2063	Boston Partners Boston, Massachusetts	$0	-$31M	–	Closed
2064	Bowie Capital Management Richardson, Texas	$0	-$7.19M	–	Closed
2065	B BP London, United Kingdom	$0	-$1.56M	–	Closed
2066	BFA Brendel Financial Advisors Hanover, New Hampshire	$0	-$175K	–	Closed
2067	BC Bridgefront Capital Austin, Texas	$0	-$950K	–	Closed
2068	BAS Brown Advisory Securities Baltimore, Maryland	$0	-$970K	–	Closed
2069	BAM Bruderman Asset Management Locust Valley, New York	$0	-$291K	–	Closed
2070	BCM BTC Capital Management Des Moines, Iowa	$0	-$324K	–	Closed
2071	Burgundy Asset Management Toronto, Ontario, Canada	$0	-$908K	–	Closed
2072	CCM Callodine Capital Management Boston, Massachusetts	$0	-$2.82M	–	Closed
2073	CAAS Capital Asset Advisory Services Williamston, Michigan	$0	-$293K	–	Closed
2074	CBT Capital Bank & Trust Irvine, California	$0	-$29.4M	–	Closed
2075	CFA Capstone Financial Advisors Downers Grove, Illinois	$0	-$16K	–	Closed