Top 5 Stock Picks of Li Ran’s Half Sky Portfolio

In this article, we discuss the top 5 stock picks of Li Ran’s Half Sky portfolio. If you want to read our detailed analysis of Li Ran’s history and hedge fund performance, go directly to Li Ran’s Half Sky Portfolio: Pinterest, Facebook, and More.

5. General Mills, Inc. (NYSE:GIS)

Li Ran’s Stake Value: $35 million

Percentage of Li Ran’s 13F Portfolio: 10.26%

Number of Hedge Fund Holders: 37

General Mills, Inc. (NYSE:GIS) is a multinational company that manufactures and markets branded consumer foods. Li Ran’s Hedge fund’s recent filings show that it owns 574,530 shares of General Mills, Inc. (NYSE:GIS) worth $35 million, comprising 10.26% of the fund’s portfolio.

Nelson Capital Management called General Mills, Inc. (NYSE:GIS) “a core holding within the consumer staples sector” in their fourth quarter of 2020 investor letter. Here is what it said:

“We purchased a position in General Mills (tkr: GIS). General Mills is a manufacturer and marketer of branded consumer foods and pet food products sold mainly through retail stores. It has greatly benefited from the “people eating at home” theme during the pandemic. Although this growth driver is likely to persist through 2021, that is not the main reason to own General Mills. The management team has done an excellent job diversifying product lines, and has successfully identified new trends and brought products forth accordingly. Some notable brands and products include Annie’s, Cheerios, Betty Crocker, Blue Buffalo, EPIC, Pillsbury and Yoplait. General Mills has maintained a healthy balance sheet, consistent with industry practice. It is relatively inexpensive with a P/E ratio of 15x (about half that of Hormel) and pays a 3.4% dividend, making it a great core holding within the consumer staples sector.”