Oakmark Funds, advised by Harris Associates, released its “Oakmark Global Fund” fourth-quarter 2025 investor letter. The fund aims for long-term capital appreciation by investing in a diverse group of U.S. and non-U.S. companies with an all-cap mandate. In Q4, the fund outperformed the benchmark MSCI World Index with a return of 5.23%.

In the fourth quarter, Oakmark Global Fund highlighted Mondelez International, Inc. (MDLZ) as a top stock pick. Mondelez International, Inc. (MDLZ) is a multinational snack food and beverage company, with a stock price of $55.94 on January 13, 2026. It has a market capitalization of $72.383 billion and a one-month return of 3.94%.

In its investor letter, Oakmark Global Fund praised Mondelez International, Inc. (MDLZ) for its strong market position in snacking categories like crackers, cookies, and chocolate. The company owns popular brands like Cadbury, Milka, Toblerone, Oreo, and Ritz. Oakmark sees the company’s pricing power and global footprint as key factors for sustained growth despite short-term challenges.

Mondelez International, Inc. (MDLZ) is not among the 30 Most Popular Stocks Among Hedge Funds, but 50 hedge fund portfolios held the stock at the end of Q3. While acknowledging Mondelez’s potential, some investors see greater upside in certain AI stocks. For those seeking an undervalued AI stock with growth potential, a free report on the best short-term AI stock is available.

Read more at Yahoo Finance: Here’s What Supports Mondelez International’s (MDLZ) Dominant Growth in the Industry