Billionaire Nelson Peltz’s Top 5 Stock Picks

4. Mondelez International, Inc. (NASDAQ: MDLZ)

Value: $715,764,000
Percent of Nelson Peltz’s 13F Portfolio: 10.59%
Number of Hedge Fund Holders: 50

As of the end of the fourth quarter, 50 hedge funds in Insider Monkey’s database of 887 funds held stakes in Mondelez International. Nelson Peltz’s Trian Partners is the company’s biggest stakeholder, with 12.2 million shares worth $715.8 million.

In one of their investor letter, Diamond Hill Capital highlighted a few stocks and Mondelez International Inc. (NASDAQ:MDLZ) is one of them. Here is what Diamond Hill Capital stated:

“Food and beverage products manufacturer Mondelez International, Inc. (Cl A) outperformed, likely due to strong weekly scanner data that showed continued improving trends in its business as consumers stocked up their pantries during quarantine.”