Coca-Cola Consolidated
COKE
367 hedge funds and large institutions have $3.28B invested in Coca-Cola Consolidated in 2024 Q1 according to their latest regulatory filings, with 54 funds opening new positions, 119 increasing their positions, 109 reducing their positions, and 29 closing their positions.
86% more first-time investments, than exits
New positions opened: 54 | Existing positions closed: 29
5% more funds holding
Funds holding: 348 → 367 (+19)
4.11% more ownership
Funds ownership: 463.21% → 467.32% (+4.1%)
9% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 109
8% less capital invested
Capital invested by funds: $3.57B → $3.28B (-$282M)
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Norges Bank
Oslo,
Norway
|
+$31.6M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$29.2M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$26.2M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$16.6M |
| 5 |
ECM
Estuary Capital Management
Wayzata,
Minnesota
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Investment Management
Baltimore,
Maryland
|
-$44.5M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$37.4M |
| 3 |
Acadian Asset Management
Boston,
Massachusetts
|
-$21.6M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
-$21.5M |
| 5 |
TCM
Tributary Capital Management
Omaha,
Nebraska
|
-$14.5M |
COKE Hedge Fund Activity: Q1 2024 in Review
367 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Coca-Cola Consolidated (COKE) for Q1 2024, worth a combined $3.28B — down 7.9% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 54 funds opened new COKE positions and 29 closed out — a net gain of 25 holders — while 119 added to existing stakes and 109 trimmed.
The largest buyer was Norges Bank, adding an estimated $31.6M. The largest seller was T. Rowe Price Investment Management, cutting an estimated $44.5M.
- 367 institutional investors held Coca-Cola Consolidated (COKE) as of Q1 2024, up from 348 in Q4 2023.
- Funds reported $3.28B of Coca-Cola Consolidated stock for Q1 2024, down 7.9% quarter-over-quarter.
- 54 funds opened new Coca-Cola Consolidated positions in Q1 2024 and 29 closed out, a net change of +25 holders.
- The largest Coca-Cola Consolidated buyer in Q1 2024 was Norges Bank, an estimated $31.6M added.
- The largest Coca-Cola Consolidated seller in Q1 2024 was T. Rowe Price Investment Management, an estimated $44.5M sold.
Based on aggregated 13F filings for Q1 2024.