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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
201
WorldQuant Millennium Advisors
WorldQuant Millennium Advisors
New York
$44.5M -$12.7M 2 0.62% Reduced
202
Assenagon Asset Management
Assenagon Asset Management
Luxembourg
$44M +$3.89M 5 0.12% Increased
203
NONA
Ninety One North America
New York
$44M -$2.43M 1 2.15% Reduced
204
DZ Bank
DZ Bank
Germany
$43.7M +$6.1M 5 0.05% Increased
205
Caisse de Depot et Placement du Quebec (CDPQ)
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$43.3M +$21.1M 2 0.11% Increased
206
CCM
Candlestick Capital Management
Connecticut
$43.2M -$49.2M 1 0.93% Reduced
207
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$43.1M +$5.62M 7 0.17% Increased
208
SRIM
Saratoga Research & Investment Management
California
$42.2M +$42.8M 1 1.95% New
209
Rockefeller Capital Management
Rockefeller Capital Management
New York
$41.6M -$8.61M 3 0.14% Reduced
210
Scotia Capital
Scotia Capital
Ontario, Canada
$41.5M +$6.63M 7 0.27% Increased
211
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$41.2M +$6.53M 11 0.06% Increased
212
Alberta Investment Management Corp (AIMCo)
Alberta Investment Management Corp (AIMCo)
Alberta, Canada
$41M -$7.13M 6 0.39% Reduced
213
AAM
AMI Asset Management
California
$41M -$246K 1 2.24% Reduced
214
Mitsubishi UFJ Trust & Banking
Mitsubishi UFJ Trust & Banking
Japan
$40.4M -$4.37M 4 0.1% Reduced
215
FCM
Freshford Capital Management
New York
$40.1M $0 1 6.52% Maintained
216
Pzena Investment Management
Pzena Investment Management
New York
$39.8M -$284K 1 0.15% Reduced
217
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$39.6M -$2.83M 5 0.16% Reduced
218
United Capital Financial Advisors
United Capital Financial Advisors
Texas
$39.5M +$17M 6 0.33% Increased
219
Mackenzie Financial
Mackenzie Financial
Ontario, Canada
$39.1M -$4.37M 5 0.06% Reduced
220
NI
Nuance Investments
Missouri
$38.4M +$24.7M 1 0.88% Increased
221
Calamos Advisors
Calamos Advisors
Illinois
$38.2M +$126K 1 0.19% Increased
222
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$37.8M -$16.3M 11 0.04% Reduced
223
Mirae Asset Global Investments
Mirae Asset Global Investments
South Korea
$37.6M -$30.2K 7 0.08% Reduced
224
Smith Salley Wealth Management
Smith Salley Wealth Management
North Carolina
$37.2M +$695K 2 2.41% Increased
225
Mariner
Mariner
Kansas
$37.2M -$78.5K 11 0.09% Reduced