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 ($569.9m 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 ≈ $62.25. Options: 51 managers hold calls ($2.0bn notional), 60 hold puts ($1.7bn).
Trends to Q4 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 |
| Q4 2024 | 3,286 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2024 | 1,428 | 1,432 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2024 | $1.8bn | $1.5bn | 0.86 |
| Q2 2024 | $1.6bn | $1.1bn | 0.73 |
| Q3 2024 | $2.2bn | $1.8bn | 0.81 |
| Q4 2024 | $2.0bn | $1.7bn | 0.86 |
Biggest buyers
| Capital International Investors | Added | +12.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | Added | +11.6m |
| FRANKLIN RESOURCES INC | Added | +6.1m |
| Qube Research & Technologies Ltd | Added | +5.7m |
| Balyasny Asset Management L.P. | Added | +5.6m |
| Capital Research Global Investors | Added | +5.1m |
| Point72 Asset Management, L.P. | Added | +4.7m |
| MACKENZIE FINANCIAL CORP | Added | +4.6m |
| NORTHERN TRUST CORP | Added | +3.8m |
| Invesco Ltd. | Added | +3.8m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -80.3m |
| GQG Partners LLC | Reduced | -30.8m |
| VANGUARD GROUP INC | Reduced | -15.9m |
| BlackRock, Inc. | Reduced | -11.7m |
| FMR LLC | Reduced | -10.0m |
| Bank of New York Mellon Corp | Reduced | -6.6m |
| BANK OF AMERICA CORP /DE/ | Reduced | -4.3m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -3.9m |
| Holocene Advisors, LP | Sold out | -2.9m |
| Alyeska Investment Group, L.P. | Reduced | -2.9m |
Biggest calls
| CITADEL ADVISORS LLC | Added | $385.8m6.2m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $359.5m5.8m shares |
| JANE STREET GROUP, LLC | Added | $157.8m2.5m shares |
| UBS Group AG | Reduced | $117.4m1.9m shares |
| GOLDMAN SACHS GROUP INC | Added | $106.6m1.7m shares |
| Squarepoint Ops LLC | Added | $77.0m1.2m shares |
| SIMPLEX TRADING, LLC | Reduced | $65.0m1.0m shares |
| CITIGROUP INC | Reduced | $64.2m1.0m shares |
| PUBLIC INVESTMENT FUND | New | $52.5m842.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $49.0m786.6k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $235.8m3.8m shares |
| CITADEL ADVISORS LLC | Added | $160.8m2.6m shares |
| UBS Group AG | Reduced | $137.9m2.2m shares |
| Hudson Bay Capital Management LP | New | $115.2m1.9m shares |
| CITIGROUP INC | Added | $110.6m1.8m shares |
| BANK OF AMERICA CORP /DE/ | Added | $86.6m1.4m shares |
| Qube Research & Technologies Ltd | Added | $74.8m1.2m shares |
| Eisler Capital Management Ltd. | First filing | $72.8m1.2m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $67.5m1.1m shares |
| RK Capital Management, LLC/FL | New | $62.3m1.0m 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q4 2024 | 0 | — | 2 | $7.1m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-11-22 | Douglas Monica Howard Executive Vice President | Sold | $697.6k10.9k shares |
| 2024-11-08 | Quincey James Chairman and CEO, director | Sold | $6.4m100.0k 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, Q4 2024
| Manager | Shares | Change |
|---|---|---|
| Berkshire Hathaway Inc 9.32% of their portfolio | 400.0m $24.9bn | Unchanged |
| VANGUARD GROUP INC 0.39% of their portfolio | 360.1m $22.4bn | Reduced -15.9m |
| BlackRock, Inc. 0.39% of their portfolio | 305.8m $19.0bn | Reduced -11.7m |
| STATE STREET CORP 0.40% of their portfolio | 164.8m $10.3bn | Reduced -7.3k |
| JPMORGAN CHASE & CO 0.46% of their portfolio | 93.6m $5.8bn | Reduced -80.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.44% of their portfolio | 91.1m $5.7bn | Reduced -1.8m |
| FMR LLC 0.31% of their portfolio | 83.0m $5.2bn | Reduced -10.0m |
| MORGAN STANLEY 0.36% of their portfolio | 82.5m $5.1bn | Added +3.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.85% of their portfolio | 74.2m $4.6bn | Added +11.6m |
| NORGES BANK 0.45% of their portfolio | 54.6m $3.4bn | Added +1.6m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.36% of their portfolio | 50.4m $3.1bn | Reduced -3.9m |
| NORTHERN TRUST CORP 0.39% of their portfolio | 43.8m $2.7bn | Added +3.8m |
| FRANKLIN RESOURCES INC 0.59% of their portfolio | 34.1m $2.1bn | Added +6.1m |
| WELLINGTON MANAGEMENT GROUP LLP 0.35% of their portfolio | 31.1m $1.9bn | Reduced -551.9k |
| BANK OF AMERICA CORP /DE/ 0.17% of their portfolio | 29.6m $1.8bn | Reduced -4.3m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.42% of their portfolio | 29.1m $1.8bn | Reduced -258.2k |
| ROYAL BANK OF CANADA 0.37% of their portfolio | 27.8m $1.7bn | Reduced -469.3k |
| Legal & General Group Plc 0.44% of their portfolio | 26.9m $1.7bn | Reduced -1.7m |
| UBS Group AG 0.36% of their portfolio | 25.8m $1.6bn | Added +1.4m |
| Bank of New York Mellon Corp 0.29% of their portfolio | 25.5m $1.6bn | Reduced -6.6m |
| Capital International Investors 0.29% of their portfolio | 24.9m $1.6bn | Added +12.2m |
| Invesco Ltd. 0.28% of their portfolio | 24.6m $1.5bn | Added +3.8m |
| GOLDMAN SACHS GROUP INC 0.25% of their portfolio | 20.8m $1.3bn | Added +1.6m |
| AMERIPRISE FINANCIAL INC 0.31% of their portfolio | 19.5m $1.2bn | Reduced -346.2k |
| Fayez Sarofim & Co 2.79% of their portfolio | 18.4m $1.1bn | Added +1.2m |
| Amundi 0.39% of their portfolio | 18.3m $1.1bn | Added +550.6k |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.03% of their portfolio | 18.2m $1.1bn | Unchanged |
| DIMENSIONAL FUND ADVISORS LP 0.27% of their portfolio | 17.8m $1.1bn | Added +2.3m |
| Nuveen Asset Management, LLC 0.30% of their portfolio | 17.1m $1.1bn | Reduced -886.9k |
| ALLIANCEBERNSTEIN L.P. 0.35% of their portfolio | 16.8m $1.0bn | Reduced -275.8k |
| Vontobel Holding Ltd. 3.41% of their portfolio | 16.0m $997.5m | Added +351.5k |
| TRUIST FINANCIAL CORP 1.54% of their portfolio | 15.7m $978.5m | Reduced -434.8k |
| Aristotle Capital Management, LLC 1.83% of their portfolio | 15.3m $952.4m | Reduced -71.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.91% of their portfolio | 15.3m $942.7m | Added +1.8m |
| HSBC HOLDINGS PLC 0.51% of their portfolio | 13.3m $824.1m | Added +894.5k |
| DEUTSCHE BANK AG\ 0.30% of their portfolio | 12.4m $771.3m | Added +2.4m |
| Sumitomo Mitsui Trust Group, Inc. 0.50% of their portfolio | 12.0m $744.6m | Added +166.2k |
| California Public Employees Retirement System 0.49% of their portfolio | 11.7m $728.6m | Added +321.3k |
| Swiss National Bank 0.48% of their portfolio | 11.6m $720.1m | Reduced -581.2k |
| Alphinity Investment Management Pty Ltd 3.55% of their portfolio | 10.5m $652.8m | Added +783.2k |
| WELLS FARGO & COMPANY/MN 0.16% of their portfolio | 10.4m $647.8m | Reduced -318.4k |
| CITADEL ADVISORS LLC 0.58% of their portfolio | 10.0m $623.8m | Reduced -935.1k |
| BARCLAYS PLC 0.30% of their portfolio | 9.7m $605.2m | Reduced -859.2k |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.92% of their portfolio | 9.5m $589.0m | Reduced -2.1m |
| Capital Research Global Investors 0.12% of their portfolio | 9.5m $588.9m | Added +5.1m |
| LAZARD ASSET MANAGEMENT LLC 0.81% of their portfolio | 8.9m $553.1m | Reduced -1.4m |
| National Pension Service 0.51% of their portfolio | 8.6m $538.2m | Added +1.0m |
| MACKENZIE FINANCIAL CORP 0.24% of their portfolio | 8.6m $537.9m | Added +4.6m |
| STIFEL FINANCIAL CORP 0.55% of their portfolio | 8.6m $532.3m | Added +41.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.50% of their portfolio | 8.4m $523.7m | Reduced -2.1m |
| Capital World Investors 0.08% of their portfolio | 8.3m $518.9m | Unchanged |
| SYNOVUS FINANCIAL CORP 6.47% of their portfolio | 8.2m $508.2m | Reduced -160.2k |
| RAYMOND JAMES FINANCIAL INC 0.18% of their portfolio | 8.0m $500.2m | First filing |
| Clearbridge Investments, LLC 0.40% of their portfolio | 8.0m $494.0m | Reduced -789.1k |
| DekaBank Deutsche Girozentrale 0.87% of their portfolio | 7.6m $472.9m | Unchanged |
| RHUMBLINE ADVISERS 0.42% of their portfolio | 7.6m $473.8m | Reduced -115.7k |
| PRINCIPAL FINANCIAL GROUP INC 0.26% of their portfolio | 7.5m $468.0m | Reduced -105.1k |
| Qube Research & Technologies Ltd 0.76% of their portfolio | 7.5m $466.7m | Added +5.7m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.44% of their portfolio | 7.4m $462.3m | Reduced -1.9m |
| NORDEA INVESTMENT MANAGEMENT AB 0.47% of their portfolio | 7.3m $451.0m | Reduced -538.4k |
| Aberdeen Group plc 0.84% of their portfolio | 7.2m $448.0m | Added +22.9k |
| BANK OF MONTREAL /CAN/ 0.22% of their portfolio | 7.1m $442.5m | Reduced -947.8k |
| GQG Partners LLC 0.65% of their portfolio | 7.0m $435.6m | Reduced -30.8m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.48% of their portfolio | 6.7m $414.1m | Reduced -104.6k |
| Fisher Asset Management, LLC 0.16% of their portfolio | 6.6m $412.1m | Reduced -146.1k |
| ALLEN HOLDING INC /NY 40.97% of their portfolio | 6.0m $373.6m | Unchanged |
| Balyasny Asset Management L.P. 0.87% of their portfolio | 6.0m $371.9m | Added +5.6m |
| PNC Financial Services Group, Inc. 0.24% of their portfolio | 5.8m $360.6m | Reduced -306.0k |
| Point72 Asset Management, L.P. 0.99% of their portfolio | 5.8m $360.6m | Added +4.7m |
| Rathbones Group PLC 1.69% of their portfolio | 5.6m $349.0m | Added +164.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.26% of their portfolio | 5.4m $337.5m | Added +398.5k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.45% of their portfolio | 5.4m $335.3m | Reduced -8.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.10% of their portfolio | 5.0m $313.2m | Added +94.1k |
| NATIONAL BANK OF CANADA /FI/ 0.38% of their portfolio | 4.7m $290.0m | Added +1.2m |
| MACQUARIE GROUP LTD 0.33% of their portfolio | 4.6m $277.5m | Added +64.4k |
| CANADA LIFE ASSURANCE Co 0.49% of their portfolio | 4.6m $284.4m | Reduced -6.5k |
| FEDERATED HERMES, INC. 0.60% of their portfolio | 4.4m $275.1m | Added +675.1k |
| US BANCORP \DE\ 0.36% of their portfolio | 4.4m $274.2m | Reduced -11.3k |
| LPL Financial LLC 0.11% of their portfolio | 4.3m $270.2m | Added +191.7k |
| PRUDENTIAL FINANCIAL INC 0.36% of their portfolio | 4.2m $261.8m | Reduced -278.0k |
| CITIGROUP INC 0.25% of their portfolio | 4.2m $259.6m | Reduced -103.4k |
| FIRST TRUST ADVISORS LP 0.22% of their portfolio | 4.1m $252.3m | Added +335.4k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.07% of their portfolio | 4.0m $246.5m | Added +14.8k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.43% of their portfolio | 3.9m $245.8m | Reduced -91.0k |
| 1832 Asset Management L.P. 0.44% of their portfolio | 3.9m $244.0m | Added +13.8k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.46% of their portfolio | 3.9m $241.6m | Reduced -9.3k |
| B. Metzler seel. Sohn & Co. AG 2.40% of their portfolio | 3.8m $233.3m | Added +2.1k |
| D. E. Shaw & Co., Inc. 0.25% of their portfolio | 3.6m $224.5m | Added +2.3m |
| Squarepoint Ops LLC 0.57% of their portfolio | 3.6m $221.0m | Added +3.4m |
| Korea Investment CORP 0.52% of their portfolio | 3.5m $220.7m | Added +128.9k |
| ProShare Advisors LLC 0.50% of their portfolio | 3.5m $217.6m | Added +212.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.18% of their portfolio | 3.4m $209.2m | Added +549.2k |
| Bank Julius Baer & Co. Ltd, Zurich 0.68% of their portfolio | 3.3m $220.5m | Added +357.0k |
| Caisse de depot et placement du Quebec 0.42% of their portfolio | 3.3m $203.1m | Added +174.2k |
| Pathstone Holdings, LLC 0.89% of their portfolio | 3.3m $202.1m | Reduced -9.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.40% of their portfolio | 3.2m $202.0m | First filing |
| Guinness Asset Management LTD 3.77% of their portfolio | 3.2m $200.6m | Added +160.3k |
| Pictet Asset Management Holding SA 0.21% of their portfolio | 3.2m $197.5m | Added +269.5k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.41% of their portfolio | 3.2m $196.9m | Reduced -163.8k |
| M&G PLC 1.17% of their portfolio | 3.1m $190.0m | Added +792.7k |