Mondelez Rises as a Top Food Stock Among Billionaire Investors
Mondelez International (NASDAQ: MDLZ) is gaining significant traction among high-profile investors, emerging as one of the most favored food stocks in recent hedge fund portfolios. In an analysis by Insider Monkey tracking Q4 2023 filings, Mondelez ranked fifth among the 30 most popular food stocks held by billionaires, with 55 hedge funds disclosing positions in the company.
The global snacking giant, behind brands like Oreo, Cadbury, and Toblerone, continues to demonstrate resilience and growth potential, making it an attractive pick for long-term investors within the fast-moving consumer goods (FMCG) space. Among the prominent investors bullish on Mondelez is billionaire Nelson Peltz’s Trian Partners, which held over 7.2 million shares valued at approximately $526 million at the end of last year.
Warren Buffett’s Berkshire Hathaway also maintained a sizable stake in Mondelez until recently, underscoring the company’s long-standing appeal as a stable and profitable enterprise in the packaged food sector.
Mondelez’s strategic emphasis on leading global brands, geographic expansion in emerging markets, and consistent innovation in snacking formats has fueled steady earnings and revenue growth. In its latest financials, the company reported Q1 net revenues of $9.29 billion, up 1.4% year-over-year, with organic growth of 4.2%, supported by both volume/mix and pricing power.
This investor interest reflects a broader trend where hedge funds are favoring consumer staples firms with strong pricing resilience, global scale, and brand equity capable of navigating inflationary pressures and shifting consumption patterns. Mondelez’s ability to maintain gross margins while expanding its snack portfolio has positioned it as a standout within the food and beverage segment.
As market volatility and economic uncertainty continue to shape investor sentiment, the increasing attention from billionaire-led funds signals confidence in Mondelez’s long-term fundamentals. For FMCG professionals, the stock’s momentum reflects the value of brand-centric strategies and operational scale in defending market share and driving shareholder returns across global consumer markets.