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 ($428.7m this quarter). Holder counts are more reliable. Shares outstanding: 4.3bn as of 2024-10-22, 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 ≈ $71.74. Options: 56 managers hold calls ($2.2bn notional), 63 hold puts ($1.8bn).
Trends to Q3 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 |
| Q3 2024 | 3,145 |
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 |
| Q3 2024 | 1,427 | 1,391 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2023 | $1.8bn | $1.6bn | 0.92 |
| Q1 2024 | $1.8bn | $1.5bn | 0.86 |
| Q2 2024 | $1.6bn | $1.1bn | 0.73 |
| Q3 2024 | $2.2bn | $1.8bn | 0.81 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +39.0m |
| Capital International Investors | New | +12.7m |
| FMR LLC | Added | +11.2m |
| GQG Partners LLC | Added | +11.0m |
| Alphinity Investment Management Pty Ltd | New | +9.7m |
| VANGUARD GROUP INC | Added | +5.3m |
| WELLINGTON MANAGEMENT GROUP LLP | Added | +4.0m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +3.0m |
| Pathway Financial Advisers, LLC | Added | +2.4m |
| BANK OF AMERICA CORP /DE/ | Added | +2.1m |
Biggest sellers
| MILLENNIUM MANAGEMENT LLC | Reduced | -7.0m |
| CITADEL ADVISORS LLC | Reduced | -5.1m |
| STATE STREET CORP | Reduced | -4.7m |
| APG Asset Management N.V. | Sold out | -4.3m |
| BLS Capital Fondsmaeglerselskab A/S | Sold out | -4.1m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -3.5m |
| Balyasny Asset Management L.P. | Reduced | -3.4m |
| Bridgewater Associates, LP | Reduced | -2.9m |
| BARCLAYS PLC | Reduced | -2.8m |
| Holocene Advisors, LP | Reduced | -2.5m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $514.5m7.2m shares |
| CITADEL ADVISORS LLC | Reduced | $252.9m3.5m shares |
| JANE STREET GROUP, LLC | Added | $150.9m2.1m shares |
| UBS Group AG | Added | $143.7m2.0m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $88.2m1.2m shares |
| SIMPLEX TRADING, LLC | Added | $88.2m1.2m shares |
| Squarepoint Ops LLC | Added | $82.7m1.2m shares |
| CITIGROUP INC | Added | $81.0m1.1m shares |
| Parallax Volatility Advisers, L.P. | Added | $79.9m1.1m shares |
| GROUP ONE TRADING LLC | Added | $62.1m863.9k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $286.6m4.0m shares |
| UBS Group AG | Added | $200.2m2.8m shares |
| CITADEL ADVISORS LLC | Reduced | $180.7m2.5m shares |
| CITIGROUP INC | Added | $122.5m1.7m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $107.6m1.5m shares |
| Eisler Capital (UK) Ltd. | Added | $101.3m1.4m shares |
| GROUP ONE TRADING LLC | Added | $52.4m729.3k shares |
| Squarepoint Ops LLC | Added | $51.8m721.1k shares |
| SIMPLEX TRADING, LLC | Added | $49.8m791.6k shares |
| IMC-Chicago, LLC | Added | $49.7m691.6k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2024 | 0 | — | 6 | $36.6m | $25.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-08-27 | QUAN NANCY Executive Vice President | Sold plan | $1.3m18.5k shares |
| 2024-08-26 | Quincey James Chairman and CEO, director | Sold plan | $3.0m42.4k shares |
| 2024-08-22 | MANN JENNIFER K Executive Vice President | Sold plan | $2.0m29.3k shares |
| 2024-08-21 | Quincey James Chairman and CEO, director | Sold plan | $7.2m102.5k shares |
| 2024-08-21 | MANN JENNIFER K Executive Vice President | Sold plan | $7.0m100.0k shares |
| 2024-08-21 | CHANG LISA Executive Vice President | Sold | $2.8m40.3k shares |
| 2024-08-08 | Perez Beatriz R Executive Vice President | Sold | $2.4m35.4k shares |
| 2024-08-07 | ARROYO MANUEL Executive Vice President | Sold | $1.9m27.5k shares |
| 2024-08-06 | CHANG LISA Executive Vice President | Sold | $4.0m58.1k shares |
| 2024-08-02 | Pietracci Bruno President, Latin America OU | Sold plan | $2.7m38.7k shares |
| 2024-08-02 | QUAN NANCY Executive Vice President | Sold plan | $1.3m18.5k shares |
| 2024-07-26 | QUAN NANCY Executive Vice President | Sold plan | $2.5m37.8k shares |
| 2024-07-17 | QUAN NANCY Executive Vice President | Sold plan | $1.3m19.3k 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, Q3 2024
| Manager | Shares | Change |
|---|---|---|
| Berkshire Hathaway Inc 10.79% of their portfolio | 400.0m $28.7bn | Unchanged |
| VANGUARD GROUP INC 0.48% of their portfolio | 376.0m $27.0bn | Added +5.3m |
| BlackRock, Inc. 0.48% of their portfolio | 317.5m $22.8bn | First filing |
| JPMORGAN CHASE & CO 0.50% of their portfolio | 173.9m $12.5bn | Added +39.0m |
| STATE STREET CORP 0.49% of their portfolio | 164.8m $11.9bn | Reduced -4.7m |
| FMR LLC 0.41% of their portfolio | 93.0m $6.7bn | Added +11.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.54% of their portfolio | 93.0m $6.7bn | Added +3.0m |
| MORGAN STANLEY 0.41% of their portfolio | 79.3m $5.7bn | Reduced -817.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.86% of their portfolio | 62.6m $4.5bn | Reduced -575.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.45% of their portfolio | 54.3m $3.9bn | Added +409.9k |
| NORGES BANK 0.53% of their portfolio | 53.0m $3.8bn | Added +1.0m |
| NORTHERN TRUST CORP 0.47% of their portfolio | 40.0m $2.9bn | Reduced -1.4m |
| GQG Partners LLC 4.26% of their portfolio | 37.8m $2.7bn | Added +11.0m |
| BANK OF AMERICA CORP /DE/ 0.21% of their portfolio | 33.8m $2.4bn | Added +2.1m |
| Bank of New York Mellon Corp 0.43% of their portfolio | 32.1m $2.3bn | Reduced -679.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.40% of their portfolio | 31.6m $2.3bn | Added +4.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.54% of their portfolio | 29.4m $2.1bn | Reduced -823.5k |
| Legal & General Group Plc 0.54% of their portfolio | 28.6m $2.1bn | Reduced -1.0m |
| ROYAL BANK OF CANADA 0.45% of their portfolio | 28.2m $2.0bn | Added +889.4k |
| FRANKLIN RESOURCES INC 0.56% of their portfolio | 28.0m $2.0bn | Added +1.6m |
| UBS Group AG 0.49% of their portfolio | 24.5m $1.8bn | Added +208.4k |
| Invesco Ltd. 0.29% of their portfolio | 20.8m $1.5bn | Reduced -226.4k |
| AMERIPRISE FINANCIAL INC 0.37% of their portfolio | 19.9m $1.4bn | Reduced -376.7k |
| GOLDMAN SACHS GROUP INC 0.26% of their portfolio | 19.2m $1.4bn | Reduced -1.5m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.14% of their portfolio | 18.2m $1.3bn | Unchanged |
| Nuveen Asset Management, LLC 0.36% of their portfolio | 18.0m $1.3bn | Reduced -277.3k |
| Amundi 0.45% of their portfolio | 17.8m $1.2bn | Reduced -1.2m |
| Fayez Sarofim & Co 3.15% of their portfolio | 17.3m $1.2bn | Reduced -198.5k |
| ALLIANCEBERNSTEIN L.P. 0.41% of their portfolio | 17.0m $1.2bn | Reduced -3.5m |
| TRUIST FINANCIAL CORP 1.83% of their portfolio | 16.2m $1.2bn | Reduced -211.9k |
| Vontobel Holding Ltd. 3.64% of their portfolio | 15.7m $1.1bn | Reduced -1.7m |
| DIMENSIONAL FUND ADVISORS LP 0.27% of their portfolio | 15.5m $1.1bn | Added +314.1k |
| Aristotle Capital Management, LLC 2.01% of their portfolio | 15.4m $1.1bn | Reduced -246.3k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.03% of their portfolio | 13.5m $968.2m | Reduced -7.5k |
| Capital International Investors 0.18% of their portfolio | 12.7m $914.5m | New |
| HSBC HOLDINGS PLC 0.55% of their portfolio | 12.4m $888.0m | Added +1.2m |
| Swiss National Bank 0.57% of their portfolio | 12.1m $872.9m | Added +21.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.59% of their portfolio | 11.8m $847.5m | Added +222.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 2.61% of their portfolio | 11.6m $831.7m | Reduced -197.6k |
| California Public Employees Retirement System 0.57% of their portfolio | 11.4m $817.8m | Reduced -258.9k |
| CITADEL ADVISORS LLC 0.82% of their portfolio | 11.0m $787.1m | Reduced -5.1m |
| WELLS FARGO & COMPANY/MN 0.19% of their portfolio | 10.7m $770.5m | Added +126.0k |
| BARCLAYS PLC 0.34% of their portfolio | 10.6m $760.3m | Reduced -2.8m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.77% of their portfolio | 10.5m $754.9m | Added +617.7k |
| LAZARD ASSET MANAGEMENT LLC 0.99% of their portfolio | 10.3m $738.1m | Reduced -274.1k |
| DEUTSCHE BANK AG\ 0.29% of their portfolio | 10.0m $720.5m | Added +1.0m |
| Alphinity Investment Management Pty Ltd 4.12% of their portfolio | 9.7m $697.1m | New |
| CANADA PENSION PLAN INVESTMENT BOARD 0.63% of their portfolio | 9.3m $666.9m | Reduced -557.5k |
| Clearbridge Investments, LLC 0.50% of their portfolio | 8.8m $630.9m | Reduced -167.0k |
| STIFEL FINANCIAL CORP 0.64% of their portfolio | 8.5m $611.5m | Added +156.1k |
| Capital World Investors 0.09% of their portfolio | 8.3m $598.9m | Reduced -1 |
| SYNOVUS FINANCIAL CORP 6.93% of their portfolio | 8.3m $598.1m | Reduced -1.2m |
| BANK OF MONTREAL /CAN/ 0.27% of their portfolio | 8.1m $578.3m | Added +289.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.64% of their portfolio | 7.8m $562.6m | Reduced -1.5m |
| RHUMBLINE ADVISERS 0.50% of their portfolio | 7.7m $555.2m | Reduced -40.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.30% of their portfolio | 7.6m $547.7m | Reduced -418.3k |
| National Pension Service 0.53% of their portfolio | 7.6m $547.4m | Added +1.0m |
| DekaBank Deutsche Girozentrale 1.01% of their portfolio | 7.6m $546.6m | Reduced -694.0k |
| Aberdeen Group plc 0.95% of their portfolio | 7.2m $518.4m | Reduced -502.8k |
| Fisher Asset Management, LLC 0.20% of their portfolio | 6.8m $486.2m | Added +1.9m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.57% of their portfolio | 6.8m $485.4m | Reduced -1.5k |
| RAYMOND JAMES & ASSOCIATES 0.29% of their portfolio | 6.5m $467.8m | Added +265.2k |
| PNC Financial Services Group, Inc. 0.28% of their portfolio | 6.1m $438.2m | Reduced -12.6k |
| ALLEN HOLDING INC /NY 46.50% of their portfolio | 6.0m $431.2m | Unchanged |
| Rathbones Group PLC 1.97% of their portfolio | 5.4m $391.0m | Added +100.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.52% of their portfolio | 5.4m $387.6m | Reduced -319.3k |
| BNP PARIBAS FINANCIAL MARKETS 0.35% of their portfolio | 5.0m $360.9m | Added +248.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 4.9m $354.7m | Added +88.4k |
| CANADA LIFE ASSURANCE Co 0.57% of their portfolio | 4.6m $329.1m | Added +134.8k |
| MACQUARIE GROUP LTD 0.35% of their portfolio | 4.5m $326.5m | Reduced -37.2k |
| PRUDENTIAL FINANCIAL INC 0.45% of their portfolio | 4.5m $322.1m | Reduced -617.2k |
| US BANCORP \DE\ 0.41% of their portfolio | 4.4m $317.3m | Reduced -57.3k |
| Capital Research Global Investors 0.06% of their portfolio | 4.3m $310.4m | Added +191.6k |
| CITIGROUP INC 0.28% of their portfolio | 4.3m $307.1m | Reduced -520.4k |
| LPL Financial LLC 0.13% of their portfolio | 4.1m $298.1m | Added +275.0k |
| MACKENZIE FINANCIAL CORP 0.40% of their portfolio | 4.0m $290.6m | Added +193.5k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.51% of their portfolio | 4.0m $290.3m | Added +7.2k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.22% of their portfolio | 3.9m $283.5m | Reduced -1.3k |
| 1832 Asset Management L.P. 0.47% of their portfolio | 3.9m $280.6m | Reduced -380.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.53% of their portfolio | 3.9m $279.6m | Reduced -99.2k |
| B. Metzler seel. Sohn & Co. Holding AG 2.68% of their portfolio | 3.7m $269.4m | First filing |
| B. Metzler seel. Sohn & Co. AG 2.68% of their portfolio | 3.7m $269.4m | Reduced -471.2k |
| FEDERATED HERMES, INC. 0.59% of their portfolio | 3.7m $269.0m | Reduced -38.2k |
| FIRST TRUST ADVISORS LP 0.25% of their portfolio | 3.7m $267.1m | Reduced -162.4k |
| AQR CAPITAL MANAGEMENT LLC 0.36% of their portfolio | 3.6m $258.4m | Added +261.1k |
| Korea Investment CORP 0.58% of their portfolio | 3.4m $245.5m | Added +282.7k |
| NATIONAL BANK OF CANADA /FI/ 0.33% of their portfolio | 3.4m $245.5m | Added +1.0m |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.49% of their portfolio | 3.3m $239.1m | Reduced -220.3k |
| Russell Investments Group, Ltd. 0.35% of their portfolio | 3.3m $238.9m | Added +429.0k |
| ProShare Advisors LLC 0.58% of their portfolio | 3.3m $235.9m | Reduced -276.2k |
| Pathstone Holdings, LLC 1.05% of their portfolio | 3.3m $234.6m | Added +236 |
| Alyeska Investment Group, L.P. 1.15% of their portfolio | 3.1m $225.2m | Reduced -1.2m |
| Caisse de depot et placement du Quebec 0.44% of their portfolio | 3.1m $221.9m | Added +846.7k |
| Guinness Asset Management LTD 4.17% of their portfolio | 3.1m $220.0m | Added +134.0k |
| STOREBRAND ASSET MANAGEMENT AS 0.68% of their portfolio | 3.0m $215.7m | Added +44.6k |
| Bank Julius Baer & Co. Ltd, Zurich 0.81% of their portfolio | 2.9m $239.8m | Reduced -117.5k |
| AVIVA PLC 0.54% of their portfolio | 2.9m $210.1m | Added +45.8k |
| Pictet Asset Management Holding SA 0.23% of their portfolio | 2.9m $208.6m | Reduced -21.9k |
| DANSKE BANK A/S 0.69% of their portfolio | 2.9m $207.3m | Added +539.0k |
| Holocene Advisors, LP 0.84% of their portfolio | 2.9m $207.1m | Reduced -2.5m |