Mondelez International Trims Stake in Q3

Burgundy Asset Management Ltd. reduces its position in the snack food giant

Published on Mar. 5, 2026

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Burgundy Asset Management Ltd. has trimmed its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 1.7% in the third quarter, according to a recent SEC filing. The institutional investor now owns 2,898,948 shares of the company's stock, making it Mondelez's 20th largest shareholder and accounting for 1.7% of Burgundy's portfolio.

Why it matters

Mondelez is one of the world's largest snack food companies, owning popular brands like Oreo, Ritz, and Trident. Institutional investors closely monitor changes in major shareholders' positions, as this can signal shifts in market sentiment or confidence in the company's future performance.

The details

Burgundy Asset Management sold 49,319 shares of Mondelez in the third quarter, reducing its total stake to 2,898,948 shares. The firm now owns about 0.22% of Mondelez's outstanding shares. Other institutional investors have also recently added to or reduced their positions in the snack food giant.

  • Burgundy Asset Management trimmed its Mondelez stake in the third quarter of 2026.

The players

Burgundy Asset Management Ltd.

A Canadian investment management firm that owns a 1.7% stake in Mondelez International.

Mondelez International, Inc.

A global snack food company that owns popular brands like Oreo, Ritz, and Trident.

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The takeaway

Institutional investors' portfolio changes can provide insights into market sentiment around a company. Mondelez's large shareholder base and diverse product portfolio make it an important bellwether for the broader snack food industry.