What smart money is saying about Mondelez International, Inc. Class A
3 funds in our archive have pitched Mondelez International, Inc. Class A — most recently Brown Advisory Large-Cap Sustainable Value in March 2026.
Mondelez International, Inc. operates as a prominent global entity in the snack and beverage sector, focusing on the production, promotion, and distribution of a wide array of food items. Its extensive reach spans multiple continents, including North America, Latin America, Asia, the Middle East, Africa, and Europe. The company's diverse product portfolio encompasses biscuits (such as cookies, crackers, and various savory snacks), chocolates, chewing gums, candies, as well as selection of cheese and general grocery products, and powdered beverage mixes. Among its well-recognized brands are Cadbury, Milka, and Toblerone chocolates; Oreo, belVita, and LU biscuits; Halls candies; Trident chewing gum; and Tang powdered beverages. Mondelez distributes its offerings through a comprehensive network of retail outlets, catering to a broad spectrum of clients including large supermarket chains, wholesalers, supercenters, club stores, mass merchandisers, convenience stores, petrol stations, pharmacies, discount stores, and other food retailers. This complex distribution system leverages direct store delivery, proprietary and external warehousing solutions, third-party distributors, independent sales agents, and digital e-commerce platforms. Established in 2000, the company was initially known as Kraft Foods Inc. before officially changing its name to Mondelez International, Inc. in October 2012. Its corporate headquarters are situated in Chicago, Illinois.
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Position history
Between Q4 2025 and Q1 2026, 3 fund letters reported a position in Mondelez International, Inc. Class A — 3 opened or added to the position.
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q1 2026 | 3 | 3 | 0 | 2 |
| Q4 2025 | 0 | 0 | 0 | 1 |
Fund activity · 3 positions · 3 moves
- AddedFlexible Equity FundMarch 2026
“ Consumer Staples performed strongly in the period, increasing the weighting, and we added to U.S. Foods (USFD) and Mondelez International (MDLZ).”
Mondelez International, Inc. Class A - New positionBrown Advisory Large-Cap Sustainable ValueMarch 2026
“Finally, we established a new position in Mondelez International (MDLZ), one of the global snacking leaders, after the company witnessed over a 700 basis points (bps) decline in its gross margin and 300 bps decline in its earnings before interest tax (EBIT) last year from cocoa inflation.”
Mondelez International, Inc. Class A - New positionBrown Advisory U.S. Value FundMarch 2026
“Finally, we established a new position in Mondelez International (MDLZ), one of the global snacking leaders, after the company witnessed over a 700 basis points (bps) decline in its gross margin and 300 bps decline in its earnings before interest tax (EBIT) last year from cocoa inflation.”
Mondelez International, Inc. Class A
Also mentioned · 1
These funds discuss Mondelez International, Inc. Class A — as a competitor, benchmark or comparable — without disclosing a position in it.
- MentionedGuinness Global Innovators FundAugust 2026
“Theme 2: Emerging markets outperforming developed markets amid K-shaped consumer bifurcation Distinct geographic and demographic divergence has materialised across consumer markets over Q2. Developed markets are underperforming as inflation-weary consumers reduce non-essential spending or trade down to extreme value and discount channels, particularly outside of higher-income brackets. This has created a ‘K-shaped’ environment, in which the demand within developed markets has moved in opposite directions, with higher-income demand remaining robust while the middle market is squeezed. This has left premium goods and private-label value offerings resilient. Emerging markets – particularly India, Brazil, and Mexico – have been showing robust growth. Mondelez CEO, Dirk Van de Put: “In North America… Growth remains K-shaped, with consumers gravitating toward both value formats and premium, better-for-you options.” Unilever CFO, Srinivas Phatak: “Emerging markets continued to be a strong growth engine with strong volume-led growth in the first half. In North America, we continued our volume outperformance while Europe was subdued.””
Mondelez International, Inc. Class A
Fund coverage · 3 theses
Mondelez combines leading snacking market share, resilient cash flow, and a potential earnings acceleration from lower cocoa costs.
Read the full thesis- Brown Advisory U.S. Value FundMarch 2026
Mondelez International, Inc. has leading snacking market share, resilient cash flow, and potential earnings acceleration as cocoa prices ease.
Read the full thesis - Oakmark Global FundDecember 2025
Mondelēz International is a global snacking leader with strong brands, pricing power, and margin upside as commodity inflation eases, acquired at a discounted valuation.
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