Coca-Cola Consolidated
COKE
148 hedge funds and large institutions have $608M invested in Coca-Cola Consolidated in 2018 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 44 increasing their positions, 39 reducing their positions, and 23 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 39
0% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 23
2% less funds holding
Funds holding: 151 → 148 (-3)
16% less ownership
Funds ownership: 512.42% → 496.42% (-16%)
23% less capital invested
Capital invested by funds: $787M → $608M (-$179M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCP
KDI Capital Partners
Raleigh,
North Carolina
|
+$4.42M |
| 2 |
MSL
Mackay Shields LLC
New York
|
+$3.91M |
| 3 |
BlackRock
New York
|
+$2.96M |
| 4 |
Millennium Management
New York
|
+$1.96M |
| 5 |
Morgan Stanley
New York
|
+$1.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$11M |
| 2 |
MCM
Matarin Capital Management
New York
|
-$10.1M |
| 3 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$6.88M |
| 4 |
OAM
Oxford Asset Management
Oxford,
United Kingdom
|
-$5.73M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$2.01M |
COKE Hedge Fund Activity: Q1 2018 in Review
148 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Coca-Cola Consolidated (COKE) for Q1 2018, worth a combined $608M — down 23% from $787M a quarter earlier.
Fund positioning in COKE was balanced in Q1 2018: 23 funds opened new positions, 23 closed out, 44 added to existing stakes and 39 trimmed.
The largest buyer was KDI Capital Partners, opening a new position worth an estimated $4.42M. The largest seller was Fidelity Investments, cutting an estimated $11M.
- 148 institutional investors held Coca-Cola Consolidated (COKE) as of Q1 2018, down from 151 in Q4 2017.
- Funds reported $608M of Coca-Cola Consolidated stock for Q1 2018, down 23% quarter-over-quarter.
- 23 funds opened new Coca-Cola Consolidated positions in Q1 2018 and 23 closed out, a net change of 0 holders.
- The largest Coca-Cola Consolidated buyer in Q1 2018 was KDI Capital Partners, an estimated $4.42M added.
- The largest Coca-Cola Consolidated seller in Q1 2018 was Fidelity Investments, an estimated $11M sold.
Based on aggregated 13F filings for Q1 2018.