Nordea Investment Management Reduces Mondelez International Stake

Hedge fund sells 131,733 shares of snack food giant in Q4 2025

Mar. 23, 2026 at 9:48am

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Nordea Investment Management AB reduced its holdings in shares of Mondelez International, Inc. (NASDAQ:MDLZ) by 5.8% in the fourth quarter of 2025, according to the company's 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,151,368 shares of the company's stock after selling 131,733 shares during the period, representing a 0.17% stake in Mondelez International worth $116,077,000 at the end of the reporting period.

Why it matters

This filing provides insight into the investment strategy of Nordea Investment Management, one of the largest asset managers in Europe. The reduction in Mondelez International holdings suggests the firm may have a more cautious outlook on the snack food company's prospects compared to previous quarters.

The details

Nordea Investment Management sold 131,733 shares of Mondelez International in Q4 2025, reducing its total stake in the company to 2,151,368 shares. This represented a 5.8% decrease in the firm's holdings of the snack food giant. Mondelez International is a major global player in the biscuits, chocolate, confectionery, and snacks categories, with brands like Oreo, Cadbury, and Trident.

  • Nordea Investment Management filed its 13F report for Q4 2025 on March 23, 2026.

The players

Nordea Investment Management AB

A major European asset management firm headquartered in Stockholm, Sweden.

Mondelez International, Inc.

A multinational confectionery, food, and beverage company that manufactures and markets snack foods and beverages.

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The takeaway

Nordea Investment Management's reduction in its Mondelez International holdings suggests the firm may have a more cautious outlook on the snack food company's prospects compared to previous quarters, providing insight into the investment strategy of one of Europe's largest asset managers.