COCA COLA CO KO
COM · Common Stock · CUSIP 191216100 · ISIN US1912161007
American multinational beverage corporation
- SectorConsumer staples
- IndustryBeverages
- HeadquartersAtlanta, GA
- Founded1886
- Websitecoca-colacompany.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($496.1m this quarter). Holder counts are more reliable. Shares outstanding: 4.3bn as of 2024-07-25, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $63.66. Options: 53 managers hold calls ($1.6bn notional), 59 hold puts ($1.1bn).
Trends to Q2 2024
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,743 |
| Q4 2022 | 2,883 |
| Q1 2023 | 2,881 |
| Q2 2023 | 2,890 |
| Q3 2023 | 2,839 |
| Q4 2023 | 2,999 |
| Q1 2024 | 2,988 |
| Q2 2024 | 3,041 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 1,333 | 1,159 |
| Q1 2023 | 1,249 | 1,229 |
| Q2 2023 | 1,315 | 1,288 |
| Q3 2023 | 1,327 | 1,279 |
| Q4 2023 | 1,279 | 1,353 |
| Q1 2024 | 1,327 | 1,340 |
| Q2 2024 | 1,369 | 1,384 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.8bn | $1.8bn | 1.04 |
| Q4 2023 | $1.8bn | $1.6bn | 0.92 |
| Q1 2024 | $1.8bn | $1.5bn | 0.86 |
| Q2 2024 | $1.6bn | $1.1bn | 0.73 |
Biggest buyers
| GQG Partners LLC | New | +26.8m |
| Vontobel Holding Ltd. | Added | +16.4m |
| JPMORGAN CHASE & CO | Added | +11.8m |
| CITADEL ADVISORS LLC | Added | +7.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +6.1m |
| MILLENNIUM MANAGEMENT LLC | Added | +5.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +4.6m |
| GOLDMAN SACHS GROUP INC | Added | +2.9m |
| FMR LLC | Added | +2.7m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +2.6m |
Biggest sellers
| MORGAN STANLEY | Reduced | -162.7m |
| NORDEA INVESTMENT MANAGEMENT AB | Reduced | -3.5m |
| Point72 Asset Management, L.P. | Reduced | -3.3m |
| Capital Wealth Planning, LLC | Reduced | -3.1m |
| Invesco Ltd. | Reduced | -2.8m |
| BANK OF AMERICA CORP /DE/ | Reduced | -2.8m |
| MARSHALL WACE, LLP | Reduced | -2.4m |
| California Public Employees Retirement System | Reduced | -2.2m |
| BARCLAYS PLC | Reduced | -1.8m |
| Qube Research & Technologies Ltd | Reduced | -1.7m |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $406.3m6.4m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $318.1m5.0m shares |
| JANE STREET GROUP, LLC | Added | $99.4m1.6m shares |
| UBS Group AG | Reduced | $85.1m1.3m shares |
| SIMPLEX TRADING, LLC | Added | $76.1m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $70.8m1.1m shares |
| CITIGROUP INC | Added | $59.3m932.2k shares |
| IMC-Chicago, LLC | Added | $43.2m679.2k shares |
| BARCLAYS PLC | Added | $42.2m662.3k shares |
| HSBC HOLDINGS PLC | Added | $32.1m502.7k shares |
Biggest puts
| CITADEL ADVISORS LLC | Reduced | $182.3m2.9m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $144.4m2.3m shares |
| UBS Group AG | Reduced | $100.1m1.6m shares |
| CITIGROUP INC | Added | $86.7m1.4m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $78.2m1.2m shares |
| Eisler Capital (UK) Ltd. | Added | $67.2m1.1m shares |
| SIMPLEX TRADING, LLC | Reduced | $43.6m684.4k shares |
| JANE STREET GROUP, LLC | Reduced | $38.5m605.0k shares |
| IMC-Chicago, LLC | Added | $35.2m553.0k shares |
| BANK OF AMERICA CORP /DE/ | Added | $28.2m443.6k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 6.4% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q2 2024
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2022 | 1 | $61.2k | 2 | $2.2m | — |
| Q4 2022 | 1 | $2.0m | 2 | $3.4m | — |
| Q1 2023 | 0 | — | 2 | $9.3m | — |
| Q2 2023 | 0 | — | 2 | $15.1m | — |
| Q3 2023 | 0 | — | 4 | $19.5m | — |
| Q4 2023 | 0 | — | 3 | $19.8m | — |
| Q1 2024 | 0 | — | 3 | $23.1m | — |
| Q2 2024 | 0 | — | 6 | $16.2m | $1.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-06-14 | KOUMETTIS NIKOLAOS Europe OU President | Sold plan | $5.0m80.9k shares |
| 2024-06-11 | QUAN NANCY Executive Vice President | Sold plan | $1.2m19.3k shares |
| 2024-05-15 | Braun Henrique Executive Vice President | Sold | $3.6m57.3k shares |
| 2024-05-10 | Douglas Monica Howard Executive Vice President | Sold | $561.8k8.9k shares |
| 2024-05-09 | MURPHY JOHN President and CFO | Sold | $3.6m57.3k shares |
| 2024-05-07 | QUAN NANCY Executive Vice President | Sold | $2.3m37.4k shares |
| 2024-05-07 | RANDAZZA MARK Senior Vice President | Sold | $1.3m20.6k shares |
| 2024-05-06 | Perez Beatriz R Executive Vice President | Sold | $3.6m57.3k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| Berkshire Hathaway Inc 9.09% of their portfolio | 400.0m $25.5bn | Unchanged |
| VANGUARD GROUP INC 0.45% of their portfolio | 370.7m $23.6bn | Added +1.3m |
| BlackRock Inc. 0.45% of their portfolio | 309.9m $19.7bn | Added +1.1m |
| STATE STREET CORP 0.47% of their portfolio | 169.5m $10.9bn | Reduced -180.4k |
| JPMORGAN CHASE & CO 0.37% of their portfolio | 135.0m $8.6bn | Added +11.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.50% of their portfolio | 90.0m $5.7bn | Added +2.6m |
| FMR LLC 0.33% of their portfolio | 81.8m $5.2bn | Added +2.7m |
| MORGAN STANLEY 0.39% of their portfolio | 80.1m $5.1bn | Reduced -162.7m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.77% of their portfolio | 63.2m $4.0bn | Reduced -1.1m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.41% of their portfolio | 53.9m $3.4bn | Added +4.6m |
| NORGES BANK 0.49% of their portfolio | 52.0m $3.3bn | Added +1.5m |
| NORTHERN TRUST CORP 0.44% of their portfolio | 41.4m $2.6bn | Reduced -32.1k |
| Bank of New York Mellon Corp 0.40% of their portfolio | 32.8m $2.1bn | Reduced -918.2k |
| BANK OF AMERICA CORP /DE/ 0.19% of their portfolio | 31.8m $2.0bn | Reduced -2.8m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.55% of their portfolio | 30.2m $1.9bn | Added +6.1m |
| Legal & General Group Plc 0.53% of their portfolio | 29.6m $1.9bn | Reduced -451.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.31% of their portfolio | 27.6m $1.8bn | Added +2.6m |
| ROYAL BANK OF CANADA 0.42% of their portfolio | 27.4m $1.7bn | Reduced -1.3m |
| GQG Partners LLC 2.58% of their portfolio | 26.8m $1.7bn | New |
| FRANKLIN RESOURCES INC 0.52% of their portfolio | 26.4m $1.7bn | Added +1.7m |
| UBS Group AG 0.47% of their portfolio | 24.3m $1.5bn | Added +606.2k |
| Invesco Ltd. 0.28% of their portfolio | 21.0m $1.3bn | Reduced -2.8m |
| GOLDMAN SACHS GROUP INC 0.26% of their portfolio | 20.7m $1.3bn | Added +2.9m |
| ALLIANCEBERNSTEIN L.P. 0.46% of their portfolio | 20.5m $1.3bn | Reduced -1.4m |
| AMERIPRISE FINANCIAL INC 0.35% of their portfolio | 20.2m $1.3bn | Reduced -1.4m |
| Amundi 0.46% of their portfolio | 19.0m $1.2bn | Reduced -682.8k |
| Nuveen Asset Management, LLC 0.34% of their portfolio | 18.2m $1.2bn | Added +135.7k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.05% of their portfolio | 18.2m $1.2bn | Unchanged |
| Fayez Sarofim & Co 3.00% of their portfolio | 17.5m $1.1bn | Added +939.9k |
| Vontobel Holding Ltd. 3.60% of their portfolio | 17.4m $1.1bn | Added +16.4m |
| TRUIST FINANCIAL CORP 1.59% of their portfolio | 16.4m $1.0bn | Added +177.2k |
| CITADEL ADVISORS LLC 1.01% of their portfolio | 16.1m $1.0bn | Added +7.3m |
| Aristotle Capital Management, LLC 1.92% of their portfolio | 15.6m $993.9m | Reduced -546.6k |
| DIMENSIONAL FUND ADVISORS LP 0.25% of their portfolio | 15.2m $965.7m | Reduced -253.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.05% of their portfolio | 13.5m $858.1m | Added +782.6k |
| BARCLAYS PLC 0.39% of their portfolio | 13.4m $853.6m | Reduced -1.8m |
| Swiss National Bank 0.53% of their portfolio | 12.1m $771.8m | Reduced -174.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 2.53% of their portfolio | 11.8m $749.3m | Added +697.2k |
| California Public Employees Retirement System 0.54% of their portfolio | 11.6m $740.9m | Reduced -2.2m |
| Sumitomo Mitsui Trust Group, Inc. 0.54% of their portfolio | 11.6m $736.5m | Reduced -752.5k |
| HSBC HOLDINGS PLC 0.46% of their portfolio | 11.2m $713.1m | Reduced -1.1m |
| WELLS FARGO & COMPANY/MN 0.17% of their portfolio | 10.6m $674.5m | Added +61.4k |
| LAZARD ASSET MANAGEMENT LLC 0.84% of their portfolio | 10.5m $671.3m | Reduced -306.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.69% of their portfolio | 9.9m $629.3m | Added +224.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.62% of their portfolio | 9.8m $626.2m | Reduced -596.4k |
| SYNOVUS FINANCIAL CORP 7.97% of their portfolio | 9.5m $603.3m | Reduced -403.1k |
| NORDEA INVESTMENT MANAGEMENT AB 0.70% of their portfolio | 9.3m $594.4m | Reduced -3.5m |
| DEUTSCHE BANK AG\ 0.26% of their portfolio | 9.0m $572.9m | Reduced -313.7k |
| Clearbridge Investments, LLC 0.46% of their portfolio | 8.9m $569.5m | Reduced -64.6k |
| STIFEL FINANCIAL CORP 0.60% of their portfolio | 8.4m $531.7m | Added +60.2k |
| Capital World Investors 0.09% of their portfolio | 8.3m $530.5m | Added +2 |
| DekaBank Deutsche Girozentrale 0.96% of their portfolio | 8.3m $532.6m | Added +640.4k |
| PRINCIPAL FINANCIAL GROUP INC 0.30% of their portfolio | 8.0m $511.8m | Reduced -131.6k |
| RHUMBLINE ADVISERS 0.46% of their portfolio | 7.8m $494.4m | Added +1.9k |
| BANK OF MONTREAL /CAN/ 0.15% of their portfolio | 7.8m $496.2m | Added +622.5k |
| Aberdeen Group plc 0.94% of their portfolio | 7.7m $491.3m | Added +734.5k |
| MILLENNIUM MANAGEMENT LLC 0.37% of their portfolio | 7.0m $446.1m | Added +5.4m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.53% of their portfolio | 6.8m $430.1m | Added +32.2k |
| National Pension Service 0.48% of their portfolio | 6.6m $420.9m | Added +216.1k |
| RAYMOND JAMES & ASSOCIATES 0.26% of their portfolio | 6.2m $397.5m | Added +1.9m |
| PNC Financial Services Group, Inc. 0.26% of their portfolio | 6.1m $388.9m | Reduced -101.4k |
| ALLEN HOLDING INC /NY 47.72% of their portfolio | 6.0m $381.9m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.48% of their portfolio | 5.7m $363.7m | Reduced -55.8k |
| Rathbones Group PLC 1.85% of their portfolio | 5.3m $339.9m | Reduced -66.5k |
| Holocene Advisors, LP 1.42% of their portfolio | 5.3m $339.7m | Added +1.3m |
| Bridgewater Associates, LP 1.71% of their portfolio | 5.1m $327.6m | Reduced -1.1m |
| PRUDENTIAL FINANCIAL INC 0.49% of their portfolio | 5.1m $324.6m | Reduced -1.1m |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 4.8m $308.6m | Added +130.6k |
| Fisher Asset Management, LLC 0.13% of their portfolio | 4.8m $308.3m | Reduced -61.0k |
| CITIGROUP INC 0.29% of their portfolio | 4.8m $305.1m | Added +23.9k |
| BNP PARIBAS FINANCIAL MARKETS 0.33% of their portfolio | 4.8m $303.8m | Added +111.4k |
| MACQUARIE GROUP LTD 0.33% of their portfolio | 4.6m $291.5m | Reduced -229.2k |
| US BANCORP \DE\ 0.39% of their portfolio | 4.5m $284.7m | Reduced -12.3k |
| CANADA LIFE ASSURANCE Co 0.53% of their portfolio | 4.4m $282.7m | Added +596.9k |
| Alyeska Investment Group, L.P. 1.60% of their portfolio | 4.3m $275.9m | Added +1.9m |
| APG Asset Management N.V. 0.45% of their portfolio | 4.3m $254.8m | Reduced -1.1m |
| 1832 Asset Management L.P. 0.49% of their portfolio | 4.3m $272.7m | Reduced -771.2k |
| B. Metzler seel. Sohn & Co. AG 2.59% of their portfolio | 4.2m $268.6m | Added +45.1k |
| Man Group plc 0.70% of their portfolio | 4.2m $264.9m | Reduced -873.0k |
| BLS Capital Fondsmaeglerselskab A/S 7.89% of their portfolio | 4.1m $263.5m | Reduced -499.4k |
| Capital Research Global Investors 0.06% of their portfolio | 4.1m $262.7m | Added +191.3k |
| PANAGORA ASSET MANAGEMENT INC 1.30% of their portfolio | 4.1m $258.4m | Added +135.2k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.48% of their portfolio | 4.0m $256.7m | Reduced -196.1k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.50% of their portfolio | 4.0m $253.9m | Reduced -354.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.13% of their portfolio | 3.9m $251.2m | Reduced -16.9k |
| FIRST TRUST ADVISORS LP 0.25% of their portfolio | 3.9m $246.9m | Reduced -327.9k |
| LPL Financial LLC 0.12% of their portfolio | 3.9m $246.6m | Added +294.5k |
| MACKENZIE FINANCIAL CORP 0.36% of their portfolio | 3.9m $245.1m | Added +272.9k |
| FEDERATED HERMES, INC. 0.57% of their portfolio | 3.8m $240.7m | Reduced -137.4k |
| Balyasny Asset Management L.P. 0.61% of their portfolio | 3.7m $237.6m | Added +939.8k |
| LORD, ABBETT & CO. LLC 0.39% of their portfolio | 3.7m $235.8m | Reduced -438.4k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.60% of their portfolio | 3.6m $227.0m | Reduced -1.3m |
| ProShare Advisors LLC 0.61% of their portfolio | 3.6m $226.5m | Added +75.2k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.48% of their portfolio | 3.5m $225.8m | Reduced -222.0k |
| AQR CAPITAL MANAGEMENT LLC 0.33% of their portfolio | 3.3m $212.2m | Reduced -484.7k |
| Pathstone Holdings, LLC 0.94% of their portfolio | 3.3m $207.8m | Reduced -39.9k |
| MARSHALL WACE, LLP 0.29% of their portfolio | 3.2m $203.2m | Reduced -2.4m |
| Korea Investment CORP 0.50% of their portfolio | 3.1m $199.5m | Reduced -123.1k |
| Bank Julius Baer & Co. Ltd, Zurich 0.81% of their portfolio | 3.0m $210.5m | Reduced -223.9k |
| MANNING & NAPIER ADVISORS LLC 2.13% of their portfolio | 3.0m $188.4m | First filing |