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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
1
Vanguard Group
Vanguard Group
Pennsylvania
$5.71B +$96.1M 10 0.21% Increased
2
BlackRock
BlackRock
New York
$5.17B -$1.02M 13 0.22% Reduced
3
State Street
State Street
Massachusetts
$3.04B +$65.8M 11 0.23% Increased
4
Bank of America
Bank of America
North Carolina
$2.14B -$85.7M 12 0.32% Reduced
5
JP Morgan Chase
JP Morgan Chase
New York
$2.11B +$215M 11 0.42% Increased
6
Capital Research Global Investors
Capital Research Global Investors
California
$1.88B +$55.3M 1 0.62% Increased
7
Wells Fargo
Wells Fargo
California
$1.77B -$2.4M 12 0.5% Reduced
8
Morgan Stanley
Morgan Stanley
New York
$1.41B -$33.5M 14 0.37% Reduced
9
ClearBridge Investments
ClearBridge Investments
New York
$1.38B +$101M 5 1.2% Increased
10
Invesco
Invesco
Georgia
$1.25B +$99.4M 9 0.33% Increased
11
Northern Trust
Northern Trust
Illinois
$1.03B -$30M 10 0.25% Reduced
12
Harris Associates
Harris Associates
Illinois
$985M -$36.7M 2 1.91% Reduced
13
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$982M -$17.5M 5 0.39% Reduced
14
Vontobel Asset Management
Vontobel Asset Management
New York
$974M +$72.4M 3 6.55% Increased
15
Capital World Investors
Capital World Investors
California
$974M -$66.9M 2 0.23% Reduced
16
Geode Capital Management
Geode Capital Management
Massachusetts
$917M +$44.9M 11 0.21% Increased
17
Fisher Asset Management
Fisher Asset Management
Washington
$915M +$4.89M 4 1% Increased
18
UBS Group
UBS Group
Switzerland
$907M -$59.6M 13 0.35% Reduced
19
KCM
Kensico Capital Management
Connecticut
$873M $0 1 16.69% Maintained
20
Dodge & Cox
Dodge & Cox
California
$868M +$63.3M 2 0.71% Increased
21
Manulife (Manufacturers Life Insurance)
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$846M -$35.3M 7 0.95% Reduced
22
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$841M +$167M 8 0.12% Increased
23
Harding Loevner
Harding Loevner
New Jersey
$832M +$53.4M 2 3.92% Increased
24
Brown Brothers Harriman & Co
Brown Brothers Harriman & Co
New York
$775M +$29.7M 6 5.18% Increased
25
Dimensional Fund Advisors
Dimensional Fund Advisors
Texas
$760M -$192K 13 0.3% Reduced