Highfields Capital: 3 Food Stocks We Own

Wall St. Watchdog reveals information about Highfields Capital Management’s top holdings in the Consumer Non-Cyclical sector:

  • Sara Lee Corp. (NYSE:SLE): On 3/31/11 Highfields Capital Management reported holding 3,892,391 shares with a market value of $68,778,549. This comprised 0.92% of the total portfolio. On 6/30/11, Highfields Capital Management held 3,892,391 shares with a market value of $73,916,504. This comprised 0.87% of the total portfolio. The net change in shares for this position over the two quarters is 0,000. About the company: Sara Lee Corporation manufactures and markets brand-name products for consumers throughout the world.  The Company is focused primarily on the meats, baking, beverage and household products categories.
  • Ralcorp Holdings, Inc. (NYSE:RAH): On 3/31/11 Highfields Capital Management reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Highfields Capital Management held 500,000 shares with a market value of $43,290,001. This comprised 0.51% of the total portfolio. The net change in shares for this position over the two quarters is 500,000. About the company: Ralcorp Holdings, Inc. produces a variety of store brand foods that are sold under the individual labels of various grocery, mass merchandise, and drug store retailers.  The Company’s products include cereals, crackers and cookies, snack nuts, chocolate candy, salad dressings, mayonnaise, peanut butter, jams, syrups, and sauces.  Ralcorop also holds a partial interest in Vail Resorts, Inc.
  • Sanderson Farms, Inc. (NASDAQ:SAFM): On 3/31/11 Highfields Capital Management reported holding 0,000 shares with a market value of $0. This comprised 0.00% of the total portfolio. On 6/30/11, Highfields Capital Management held 211,206 shares with a market value of $10,091,422. This comprised 0.12% of the total portfolio. The net change in shares for this position over the two quarters is 211,206. About the company: Sanderson Farms, Inc. produces, processes, markets, and distributes fresh and frozen chicken products  The Company also processes, markets, and distributes processed and prepared food items.  Sanderson Farms sells its chicken, primarily under the Sanderson Farms brand name, to retailers, distributors, and fast food operators in the southeastern, southwestern, and western United States.

(Note: Data about Highfields Capital Management’s stock holdings are sourced from whalewisdom.com.  All data are assumed to be accurate.)

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