Coca-Cola Europacific PartnersCCEP
About: CCEP is the second-largest bottling partner in the Coca-Cola system by volume, behind Coca-Cola Femsa, and primarily operates in developed Europe, Australasia, and South-East Asia.In 2024, CCEP sold 3.9 billion unit cases of beverages, which we estimate equates to roughly 9% of the global Coke system volume. Coke's largest bottler, Coca-Cola Femsa sold over 4 billion unit cases (12%), and the third-largest, Coca-Cola HBC, serving Eastern Europe and North Africa, sold 2.8 billion unit cases (8%).TCCC owns 19% of the equity of CCEP, Olive Partners, a holding company of bottling operations, owns a further 36%, and the remaining 45% is free float.
Employees: 41,000
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
388% more call options, than puts
Call options by funds: $50.5M | Put options by funds: $10.3M
73% more first-time investments, than exits
New positions opened: 95 | Existing positions closed: 55
17% more capital invested
Capital invested by funds: $11.2B [Q4 2024] → $13.1B (+$1.9B) [Q1 2025]
5% more funds holding
Funds holding: 525 [Q4 2024] → 549 (+24) [Q1 2025]
1.13% more ownership
Funds ownership: 31.69% [Q4 2024] → 32.82% (+1.13%) [Q1 2025]
0% more funds holding in top 10
Funds holding in top 10: 6 [Q4 2024] → 6 (+0) [Q1 2025]
4% less repeat investments, than reductions
Existing positions increased: 186 | Existing positions reduced: 193
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Barclays Lauren Lieberman | 9%upside $101 | Overweight Maintained | 1 May 2025 |
UBS Sanjeet Auija | 8%upside $100 | Buy Maintained | 30 Apr 2025 |
Financial journalist opinion
