Unilever Emerges as Key Defensive Bet in Ken Fisher’s $193 Billion Portfolio
Global FMCG leader Unilever PLC (NYSE: UL) has caught the attention of billionaire investor Ken Fisher, emerging as a key defensive holding within his $193 billion portfolio. Recent data shows Fisher Asset Management has increased its stake in Unilever to 11.47 million American Depositary Receipts (ADRs), valued at approximately $568.4 million as of Q1 2024.
This move underscores investor confidence in the resilience and stability of FMCG stocks amid ongoing macroeconomic uncertainty. Known for its extensive portfolio of household brands such as Dove, Knorr, Hellmann’s, and Ben & Jerry’s, Unilever has long been considered a safe-haven stock due to its consistent global demand and strong pricing power.
Unilever currently boasts a forward dividend yield of 3.55%, which further enhances its appeal to investors seeking steady returns in volatile markets. Notably, the company’s broad geographic footprint and brand diversification make it well-positioned to weather economic fluctuations.
Fisher’s focus on Unilever is part of a broader tilt toward defensive sectors, with other major investments including consumer staples and healthcare. According to Insider Monkey’s proprietary database, Unilever ranks as the 10th most popular stock among hedge funds, with 23 elite funds holding positions in the company.
Industry professionals note that this renewed institutional interest could signal a pivot toward consumer staples as a strategic hedge against inflationary pressures and slowing global growth. With FMCG firms like Unilever balancing cost inflation through pricing strategies and supply chain optimization, investors remain optimistic about the sector’s long-term profitability.
For FMCG stakeholders, the endorsement by high-profile investors like Ken Fisher reinforces the importance of brand strength, category leadership, and operational efficiency. As consumer behavior shifts and input costs remain volatile, those companies maintaining consistent demand and investor trust are likely to outperform in both stable and uncertain climates.