Nine dominating firms dictating consumer purchases.
Mondelez International, a global powerhouse in the snack, chocolate, candy, and coffee industries, boasts a impressive portfolio of iconic brands such as Oreo, TUC, Club Social, Barni, Trident, Halls, Cadbury, Milka, Lacta, Toblerone, Alpen Gold, Jacobs, and Carte Noire.
The company's financial performance in 2014 was strong, with an operating income of around $6.8 billion, net income of about $3.6 billion, and total equity of approximately $38 billion[1]. Mondelez's net revenue for the year reached approximately $31 billion, while its total assets were approximately $68 billion[1]. The company's debt, however, stood at approximately $25 billion in 2014[1].
The Vanguard Group, Inc., BlackRock, Inc., and Capital Research and Management Company are the three major institutional investors in Mondelez, collectively owning about 78-84% of the company’s shares[1][2][3]. Raymond James Financial Inc. and Tocqueville Asset Management L.P. also hold significant positions, with Raymond James holding roughly 0.33% of the shares, equivalent to over 4.3 million shares valued near $294 million[2], and Tocqueville owning about 63,180 shares worth $4.3 million[3].
The concentration of institutional ownership in Mondelez suggests that the company is widely held by major asset management firms, reflecting confidence from large financial institutions in the company’s growth and prospects[1][3]. Hedge funds, on the other hand, hold relatively smaller positions in Mondelez.
Mondelez's journey began in 2012 when Kraft Foods split into two independent companies: Kraft Foods Group and Mondelez. The headquarters of Mondelez are located in Illinois, USA. In 2014, the company announced a $60 billion share buyback program[1].
With a workforce of over 90,000 employees worldwide, Mondelez continues to be a significant player in the global food and beverage industry, offering a wide range of beloved products to consumers around the globe.
[1] Yahoo Finance. (2021). Mondelez International, Inc. (MDLZ). https://finance.yahoo.com/quote/MDLZ/profile [2] Nasdaq. (2021). Top Institutional Holders of Mondelez International, Inc. (MDLZ). https://www.nasdaq.com/market-activity/stocks/mdlz/institutional-ownership [3] MarketWatch. (2021). Mondelez International Inc. (MDLZ) Institutional Ownership. https://www.marketwatch.com/investing/stock/mdlz/institutional-ownership
Mondelez International, a multinational corporation in the snack, chocolate, candy, and coffee industries, has attracted significant investments from major financial institutions due to their confidence in the company's growth and prospects. The company's financial performance in 2014 showed a strong operating income, high net revenue, and substantial assets, making it an appealing target for institutional investors such as The Vanguard Group, BlackRock, and Capital Research and Management. Additionally, investing in Mondelez offers the potential for a solid return on investment, as the company continues to expand its portfolio of iconic brands and global reach in the food and beverage industry.
