Is Mondelez International Inc. (MDLZ) A Good Stock To Buy?

Page 3 of 3

Let’s now review hedge fund activity in other stocks – not necessarily in the same industry as Mondelez International Inc (NASDAQ:MDLZ) but similarly valued. We will take a look at Costco Wholesale Corporation (NASDAQ:COST), China Petroleum & Chemical Corp (ADR) (NYSE:SNP), Ambev SA (ADR) (NYSE:ABEV), and Banco Santander, S.A. (ADR) (NYSE:SAN). This group of stocks’ market values match MDLZ’s market value.

Ticker No of HFs with positions Total Value of HF Positions (x1000) Change in HF Position
COST 42 1883931 4
SNP 8 15691 1
ABEV 21 569531 3
SAN 17 169600 1

As you can see these stocks had an average of 22 hedge funds with bullish positions and the average amount invested in these stocks was $660 million. That figure was $6.66 billion in MDLZ’s case. Costco Wholesale Corporation (NASDAQ:COST) is the most popular stock in this table. On the other hand China Petroleum & Chemical Corp (ADR) (NYSE:SNP) is the least popular one with only eight bullish hedge fund positions. Compared to these stocks Mondelez International Inc (NASDAQ:MDLZ) is more popular among hedge funds. Considering that hedge funds are fond of this stock in relation to its market cap peers, it may be a good idea to analyze it in detail and potentially include it in your portfolio.

Disclosure: None

Page 3 of 3