Hedge Funds’ Favorite Consumer Goods Stocks: Mondelez, Coca-Cola, and More

Hedge fund ownership of Nike, Inc. (NYSE:NKE) ticked up a bit to a total of 38 filers. Billionaire Steve Cohen’s SAC Capital Advisors moved heavily into the stock during Q4 and closed December with 2.6 million shares (find more stocks SAC owned).

Mondelez was the top consumer pick but Kraft Foods Group Inc (NASDAQ:KRFT) also made our list of the most popular consumer goods stock as 37 filers reported a position. Citadel Investment Group was one of the largest holders of the stock in our database; that fund is managed by billionaire Ken Griffin (check out Griffin’s favorite stocks).

Hillshire Brands Co (NYSE:HSH) was owned by 33 different hedge funds at the end of December, up from 23 at the beginning of October. Among the funds buying Hillshire during the fourth quarter was billionaire John Paulson’s Paulson & Co. Research more stocks Paulson owned.

33 hedge funds and other investors in our database were also counted as owning shares of Constellation Brands, Inc. (NYSE:STZ). While billionaire and well-known activist investor Dan Loeb’s Third Point was selling shares, it still owned 1.9 million shares at the beginning of 2013 (see more of Loeb’s stock picks).

The tenth most popular consumer stock among hedge funds, per our methodology, was Mohawk Industries, Inc. (NYSE:MHK), a $7.2 billion market cap company which provides carpets, tiles, and other floor coverings. Theleme Partners was one fund taking a new position in Mohawk.

Disclosure: I own no shares of any stocks mentioned in this article.

Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

The 10 Best Disney Characters Ever Created

The 8 Best Foods for Gaining Weight

The 10 Most Expensive Colleges in the World

The 7 Most Memorable Ad Campaigns of All Time

The 7 Most Expensive High Schools in the World

The 10 Electric Vehicles with the Longest Range

The 10 Cities with the Worst Drivers in the World

The 10 Most Expensive Dresses Ever Created

10 Islands to Visit Before You Die

10 Famous Celebrities Who Needed Rehab

The 15 Countries with the Largest Oil Reserves

The 10 Most Overused Excuses in the World

The 5 Best iOS Apps You Can’t Get on Android

5 Companies Damaged By Social Media Blunders

The 10 Most Legendary Blues Songs

The 10 Most Lawless Places in the World

4 Reasons China is a Threat to the US

The 17 Most Sugary Drinks in the World

The 10 Most Ruthless Rulers in History

The 10 Greatest Generals in History

Top 8 Travel Destinations for 2015

The 10 Safest Dog Breeds for Children

The 10 Most Stolen Vehicles in the US

The 7 Most Expensive Celebrity Weddings

The 10 Best LoL Teams in the World

Top 10 Worst Marketing Campaigns Ever Produced

Top 5 Diets that Help You Lose Weight

The 10 Best Ways to Stay Awake

7 Artists That Switched Musical Genres

The 10 Most Expensive Cities to Live in New Jersey

The 10 Best High Schools in New York

The 10 Countries With the Least Gender Inequality

The 6 Biggest Musician-Manager Feuds

The 10 Countries with the Cheapest Gas Prices

The 7 Most Theatrical Bands of All Time

The 8 Worst Band Breakups of All Time

The 10 Most Important South American Leaders

The 7 Most Successful Casting Show Winners

The 10 Most Peaceful Countries in the World

5 Big Reasons Communism Failed

The 15 Most Famous Carl Icahn Quotes

10 Scary Animals that are Actually Harmless

The 8 Most Famous Singer-Actors in Entertainment

The 10 Longest Wars of All Time

The 13 Worst Looking Foods that Taste Great

The 6 Most Gruesome Injuries Suffered During a Sports Match

The 20 Biggest Contracts in MLB History

The 7 Worst Blown Calls in Sports History

7 Free Ways to Advertise Your Business Online

The 18 Best R&B Songs of the 90’s

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!