Coca-Cola Consolidated
COKE
348 hedge funds and large institutions have $3.61B invested in Coca-Cola Consolidated in 2023 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 98 increasing their positions, 106 reducing their positions, and 29 closing their positions.
250% more funds holding in top 10
Funds holding in top 10: 2 → 7 (+5)
141% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 29
50% more capital invested
Capital invested by funds: $2.41B → $3.61B (+$1.19B)
16.4% more ownership
Funds ownership: 452.19% → 468.6% (+16%)
12% more funds holding
Funds holding: 311 → 348 (+37)
8% less repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 106
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$97.3M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$81M |
| 3 |
VNIM
Vaughan Nelson Investment Management
Houston,
Texas
|
+$31.5M |
| 4 |
Morgan Stanley
New York
|
+$29.9M |
| 5 |
HAI
Hennessy Advisors Inc
Novato,
California
|
+$23.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$77.5M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$42.6M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$35.9M |
| 4 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
-$17.2M |
| 5 |
QOP
Quinn Opportunity Partners
Charlottesville,
Virginia
|
-$9.22M |
COKE Hedge Fund Activity: Q4 2023 in Review
348 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Coca-Cola Consolidated (COKE) for Q4 2023, worth a combined $3.61B — up 50% from $2.41B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new COKE positions and 29 closed out — a net gain of 41 holders — while 98 added to existing stakes and 106 trimmed.
The largest buyer was Norges Bank, adding an estimated $97.3M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $77.5M.
- 348 institutional investors held Coca-Cola Consolidated (COKE) as of Q4 2023, up from 311 in Q3 2023.
- Funds reported $3.61B of Coca-Cola Consolidated stock for Q4 2023, up 50% quarter-over-quarter.
- 70 funds opened new Coca-Cola Consolidated positions in Q4 2023 and 29 closed out, a net change of +41 holders.
- The largest Coca-Cola Consolidated buyer in Q4 2023 was Norges Bank, an estimated $97.3M added.
- The largest Coca-Cola Consolidated seller in Q4 2023 was T. Rowe Price Investment Management, an estimated $77.5M sold.
Based on aggregated 13F filings for Q4 2023.