Jane Street Nearly Doubles its Stake in General Mills
According to a recent Form 13F filing submitted to the SEC, Jane Street Group, LLC disclosed a noteworthy and bullish position in GIS stock. Here’s what you need to know about General Mills, Inc., as well as Jane Street Group’s position in shares of GIS stock:
About General Mills, Inc. (NYSE: GIS)
General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company operates in five segments: North America Retail; Convenience Stores & Foodservice; Europe & Australia; Asia & Latin America; and Pet. It offers ready-to-eat cereals, refrigerated yogurt, soup, meal kits, refrigerated and frozen dough products, dessert and baking mixes, bakery flour, frozen pizza and pizza snacks, snack bars, fruit and salty snacks, ice cream, nutrition bars, wellness beverages, and savory and grain snacks, as well as various organic products, including frozen and shelf-stable vegetables. It also supplies branded and unbranded food products to the North American foodservice and commercial baking industries; and manufactures and markets pet food products, including dog and cat food. The company markets its products under the Annie’s, Betty Crocker, Bisquick, Blue Buffalo, Blue Basics, Blue Freedom, Bugles, Cascadian Farm, Cheerios, Chex, Cinnamon Toast Crunch, Cocoa Puffs, Cookie Crisp, EPIC, Fiber One, Food Should Taste Good, Fruit by the Foot, Fruit Gushers, Fruit Roll-Ups, Gardetto’s, Go-Gurt, Gold Medal, Golden Grahams, Häagen-Dazs, Helpers, Jus-Rol, Kitano, Kix, Lärabar, Latina, Liberté, Lucky Charms, Muir Glen, Nature Valley, Oatmeal Crisp, Old El Paso, Oui, Pillsbury, Progresso, Raisin Nut Bran, Total, Totino’s, Trix, Wanchai Ferry, Wheaties, Wilderness, Yoki, and Yoplait trademarks. It sells its products directly, as well as through broker and distribution arrangements to grocery stores, mass merchandisers, membership stores, natural food chains, e-commerce retailers, commercial and noncommercial foodservice distributors and operators, restaurants, convenience stores, and pet specialty stores, as well as drug, dollar, and discount chains. The company operates 466 leased and 392 franchise ice cream parlors. General Mills, Inc. was founded in 1866 and is headquartered in Minneapolis, Minnesota. Learn more about General Mills, Inc. on their website here
Jane Street Group Position in GIS
According to the most recent 13F filed by Jane Street Group, the firm added 133,103 shares of GIS stock to it holdings in the recent quarter. That brings their total long position in General Mills, Inc. to 354,104 shares, representing approximately 0.0597% of the entire 593,535,997 GIS shares outstanding. Based on the most recent closing price of $76.97 per share of GIS, the entire Jane Street stock position in General Mills, Inc. is worth roughly $27,255,384.88.
Be sure to check out more recent 13F filings here to stay up to date on the latest disclosures from institutional investment managers like Jane Street Group, Llc. Also be sure to check out more recent 13F filing analysis news here.