Coca-Cola Consolidated
COKE
150 hedge funds and large institutions have $772M invested in Coca-Cola Consolidated in 2017 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 42 reducing their positions, and 17 closing their positions.
39% more capital inflows, than outflows
Capital inflows: $64.6M | Capital outflows: $46.3M
35% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 17
3% more funds holding
Funds holding: 146 → 150 (+4)
1.17% more ownership
Funds ownership: 48.94% → 50.1% (+1.2%)
5% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 42
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$11.4M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$10.7M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$5.73M |
| 4 |
CRM
Cramer Rosenthal McGlynn
Stamford,
Connecticut
|
+$5.55M |
| 5 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
+$5.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$8.25M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$6.13M |
| 3 |
BIM
Bogle Investment Management
Newton Lower Falls,
Massachusetts
|
-$5.13M |
| 4 |
Renaissance Technologies
New York
|
-$5.03M |
| 5 |
AL
AJO LP
Philadelphia,
Pennsylvania
|
-$2.04M |
COKE Hedge Fund Activity: Q3 2017 in Review
150 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in Coca-Cola Consolidated (COKE) for Q3 2017, worth a combined $772M — down 3.5% from $800M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new COKE positions and 17 closed out — a net gain of 6 holders — while 44 added to existing stakes and 42 trimmed.
The largest buyer was Norges Bank, adding an estimated $11.4M. The largest seller was Fidelity Investments, cutting an estimated $8.25M.
- 150 institutional investors held Coca-Cola Consolidated (COKE) as of Q3 2017, up from 146 in Q2 2017.
- Funds reported $772M of Coca-Cola Consolidated stock for Q3 2017, down 3.5% quarter-over-quarter.
- 23 funds opened new Coca-Cola Consolidated positions in Q3 2017 and 17 closed out, a net change of +6 holders.
- The largest Coca-Cola Consolidated buyer in Q3 2017 was Norges Bank, an estimated $11.4M added.
- The largest Coca-Cola Consolidated seller in Q3 2017 was Fidelity Investments, an estimated $8.25M sold.
Based on aggregated 13F filings for Q3 2017.