Top 5 Stock Picks of Fang Zheng’s Keywise Capital

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Below is the list of the top 5 stock picks of Fang Zheng’s Keywise Capital. For a comprehensive list and detailed discussion about Fang Zheng’s investment strategy, please see the Top 10 Stock Picks of Fang Zheng’s Keywise Capital.

5. The Estée Lauder Companies Inc. (NYSE:EL)

Keywise Capital’s Stake Value: $35.7 million 

Percentage of Keywise Capital’s 13F Portfolio: 8.75%

Number of Hedge Fund Holders: 50

The Estée Lauder Companies Inc. (NYSE:EL) is one of the best performers among the top 10 stock picks of Fang Zheng’s Keywise Capital. The share price of the consumer staple company surged 31% since the beginning of this year. In addition to share price gains, the company also offers a dividend yield of around 0.70%. The Estée Lauder recently raised its dividend by 13% to $0.60 per share. 

The Estee Lauder Companies was in 50 hedge funds’ portfolios as of June. Ako Capital was the leading stakeholder in the company with shares worth $336 million. Kevin Parker’s Sustainable Insight Capital Management, the second leading stakeholder in the company, lifted its position by 520% to $7.1 million worth of shares. 

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