What World-Class Hedge Funds Think About 5 Morgan Stanley’s Top Growth Stocks Through 2019

Constellation Brands, Inc. (NYSE:STZ)

Nr. of Shares (as of December 31): 1,370,865

Value of Holding (as of December 31): $195 million

At the end of December 2015, roughly 19% of Constellation Brands, Inc. (NYSE:STZ) common stock was held by 67 funds from our database, up from 64 reported at the end of September. Kensico Capital, managed by Michael Lowenstein, held the largest position among the funds tracked by Insider Monkey, having reported ownership of 6.36 million shares, down by 5% for the quarter. Stephen Mandel‘s Lone Pine Capital has, on the other hand, indicated a 15% increase in its stake to 5.35 million shares for the fourth quarter. Constellation Brands, Inc. (NYSE:STZ) released its fiscal fourth quarter results on April 6 and managed to beat analysts’ estimates. Revenues came in at $1.54 billion, up by 14% year over year, while earnings amount to $1.19 per share. For the full year, the company reported revenues of $6.55 billion and earnings of $5.18 per share.

WhiteWave Foods Co (NYSE:WWAV)

Nr. of Shares (as of December 31): 2,846,457

Value of Holding (as of December 31): $110 million

Morgan Stanley has rated WhiteWave Foods Co (NYSE:WWAV) as ‘Overweight’ and has placed a price target of $45 per share. A consumer packaged food and beverage company, WhiteWave shares are currently trading at a trailing P/E ratio of 42.64, which is in line with the industry average of 41.30. By mid February, the stock has reversed a recent downtrend and managed to recover the ground lost since the start of the year, currently up by 2.8%. The number of investors from our database that held a long position in WhiteWave fell to 26 at the end of the 2015 fourth quarter, down from 33 long positions reported a quarter before. Ken Griffin’s Citadel Investment Group holds the largest stake in WhiteWave Foods Co (NYSE:WWAV) among the funds we follow, having reported ownership of approximately 3.49 million shares, up by 780% over the quarter. J Kevin Kenny Jr’s Emerging Sovereign Group is not far behind with a position that amounts to 2.28 million shares.