Banco Bilbao Vizcaya Argentaria Boosts Mondelez International Stake

Spanish bank increases holding in snack food giant by 19.2% in Q3

Mar. 16, 2026 at 8:19am

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Banco Bilbao Vizcaya Argentaria S.A., a major Spanish bank, increased its stake in Mondelez International, Inc. by 19.2% during the third quarter of 2026, according to a disclosure filed with the SEC. The bank now owns 211,588 shares of the snack food company's stock, valued at $13.2 million.

Why it matters

Mondelez is one of the world's largest snack food companies, owning popular brands like Oreo, Chips Ahoy, and Ritz. The increase in Banco Bilbao Vizcaya Argentaria's stake suggests the bank sees long-term growth potential in Mondelez's business, even as the company faces headwinds from inflation and changing consumer preferences.

The details

According to the SEC filing, Banco Bilbao Vizcaya Argentaria purchased an additional 34,100 shares of Mondelez during the third quarter, bringing its total position to 211,588 shares. The bank cited Mondelez's strong brand portfolio and global reach as reasons for the increased investment.

  • Banco Bilbao Vizcaya Argentaria increased its Mondelez stake during the 3rd quarter of 2026.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish bank that has increased its investment in Mondelez International.

Mondelez International, Inc.

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

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The takeaway

Banco Bilbao Vizcaya Argentaria's increased stake in Mondelez International suggests the bank sees long-term growth potential in the snack food company, despite near-term challenges facing the industry.