Mondelez International Inc (NASDAQ:MDLZ) was in 59 hedge funds’ portfolio at the end of December. MDLZ has seen an increase in enthusiasm from smart money lately. There were 3 hedge funds in our database with MDLZ positions at the end of the previous quarter.
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Consequently, we’re going to take a glance at the latest action surrounding Mondelez International Inc (NASDAQ:MDLZ).
What have hedge funds been doing with Mondelez International Inc (NASDAQ:MDLZ)?
Heading into 2013, a total of 59 of the hedge funds we track were long in this stock, a change of 1867% from one quarter earlier. With the smart money’s capital changing hands, there exists a few noteworthy hedge fund managers who were upping their stakes significantly.
According to our comprehensive database, Mason Hawkins’s Southeastern Asset Management had the most valuable position in Mondelez International Inc (NASDAQ:MDLZ), worth close to $879 million, accounting for 3.9% of its total 13F portfolio. The second largest stake is held by Scout Capital Management, managed by James Crichton and Adam Weiss, which held a $702 million position; 3.9% of its 13F portfolio is allocated to the stock. Other peers with similar optimism include Boykin Curry’s Eagle Capital Management, Warren Buffett’s Berkshire Hathaway and Daniel S. Och’s OZ Management.
As one would reasonably expect, key money managers have jumped into Mondelez International Inc (NASDAQ:MDLZ) headfirst. Southeastern Asset Management, managed by Mason Hawkins, assembled the biggest position in Mondelez International Inc (NASDAQ:MDLZ). Southeastern Asset Management had 879 million invested in the company at the end of the quarter. James Crichton and Adam Weiss’s Scout Capital Management also initiated a $702 million position during the quarter. The other funds with brand new MDLZ positions are Boykin Curry’s Eagle Capital Management, Warren Buffett’s Berkshire Hathaway, and Daniel S. Och’s OZ Management.
How have insiders been trading Mondelez International Inc (NASDAQ:MDLZ)?
Bullish insider trading is most useful when the company in focus has experienced transactions within the past half-year. Over the latest 180-day time frame, Mondelez International Inc (NASDAQ:MDLZ) has seen 1 unique insiders purchasing, and zero insider sales (see the details of insider trades here).
With the returns demonstrated by the aforementioned studies, retail investors should always pay attention to hedge fund and insider trading sentiment, and Mondelez International Inc (NASDAQ:MDLZ) is an important part of this process.
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