Coca-Cola Consolidated
COKE
282 hedge funds and large institutions have $1.93B invested in Coca-Cola Consolidated in 2023 Q1 according to their latest regulatory filings, with 35 funds opening new positions, 78 increasing their positions, 96 reducing their positions, and 23 closing their positions.
52% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 23
13% more capital invested
Capital invested by funds: $1.7B → $1.93B (+$226M)
9.88% more ownership
Funds ownership: 420.81% → 430.69% (+9.9%)
2% more funds holding
Funds holding: 277 → 282 (+5)
19% less repeat investments, than reductions
Existing positions increased: 78 | Existing positions reduced: 96
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| 1 |
Truist Financial
Charlotte,
North Carolina
|
+$31M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$24.6M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$17.5M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$11.6M |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
+$6.56M |
Top Sellers
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$12.9M |
| 2 |
Lazard Asset Management
New York
|
-$11.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$8.49M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.84M |
| 5 |
Man Group
London,
United Kingdom
|
-$7.34M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
301
Comerica Securities
Detroit,
Michigan
| – | -$12.8K | -250 | Closed |
|
302
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10.8K | -210 | Closed |
|
303
Rockefeller Capital Management
New York
| – | -$8K | -170 | Closed |
|
|
RA
304
Rise Advisors
Rochester,
New York
| – | -$5.18K | -100 | Closed |
|
|
FA
305
Fiduciary Alliance
Greenville,
South Carolina
| – | -$512 | -10 | Closed |
|
|
WPA
306
West Paces Advisors
Atlanta,
Georgia
| – | -$512 | -10 | Closed |
|
COKE Hedge Fund Activity: Q1 2023 in Review
282 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Coca-Cola Consolidated (COKE) for Q1 2023, worth a combined $1.93B — up 13% from $1.7B a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new COKE positions and 23 closed out — a net gain of 12 holders — while 78 added to existing stakes and 96 trimmed.
The largest buyer was Truist Financial, opening a new position worth an estimated $31M. The largest seller was T. Rowe Price Associates, cutting an estimated $12.9M.
- 282 institutional investors held Coca-Cola Consolidated (COKE) as of Q1 2023, up from 277 in Q4 2022.
- Funds reported $1.93B of Coca-Cola Consolidated stock for Q1 2023, up 13% quarter-over-quarter.
- 35 funds opened new Coca-Cola Consolidated positions in Q1 2023 and 23 closed out, a net change of +12 holders.
- The largest Coca-Cola Consolidated buyer in Q1 2023 was Truist Financial, an estimated $31M added.
- The largest Coca-Cola Consolidated seller in Q1 2023 was T. Rowe Price Associates, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2023.