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LGT Fund Management Boosts Mondelez International Stake
Investment firm increases holdings in snack food giant by over 50% in Q3
Published on Mar. 9, 2026
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LGT Fund Management Co Ltd. increased its stake in Mondelez International, Inc. (NASDAQ:MDLZ) by 53.7% during the third quarter, according to a recent 13F filing with the Securities & Exchange Commission. The firm now owns 53,159 shares of the snack food company's stock, valued at $3.36 million.
Why it matters
Mondelez International is a major global snack food company, known for brands like Oreo, Ritz, and Trident. The increase in LGT Fund Management's stake suggests the investment firm sees potential in Mondelez's business and growth prospects.
The details
According to the 13F filing, LGT Fund Management purchased an additional 18,580 shares of Mondelez during the third quarter, bringing its total holdings to 53,159 shares. The firm cited Mondelez's strong brand portfolio and market position as reasons for the increased investment.
- LGT Fund Management increased its Mondelez stake during the third quarter of 2026.
The players
LGT Fund Management Co Ltd.
An investment management firm that increased its holdings in Mondelez International by over 50% in Q3 2026.
Mondelez International, Inc.
A global snack food company known for brands like Oreo, Ritz, and Trident.
The takeaway
The increase in LGT Fund Management's stake in Mondelez International suggests the investment firm sees strong potential in the snack food company's business and growth prospects, underscoring the continued appeal of Mondelez's portfolio of iconic brands.
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