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 ($605.3m this quarter). Holder counts are more reliable. Shares outstanding: 4.3bn as of 2025-07-22, 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 ≈ $70.68. Options: 56 managers hold calls ($2.3bn notional), 57 hold puts ($1.7bn).
Trends to Q2 2025
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 |
| Q1 2025 | 3,374 |
| Q2 2025 | 3,368 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q1 2025 | 1,483 | 1,526 |
| Q2 2025 | 1,539 | 1,509 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $2.2bn | $1.8bn | 0.81 |
| Q4 2024 | $2.0bn | $1.7bn | 0.86 |
| Q1 2025 | $2.7bn | $1.7bn | 0.63 |
| Q2 2025 | $2.3bn | $1.7bn | 0.76 |
Biggest buyers
| ROYAL BANK OF CANADA | Added | +26.6m |
| GQG Partners LLC | Added | +20.0m |
| FMR LLC | Added | +12.2m |
| CITADEL ADVISORS LLC | Added | +9.2m |
| VANGUARD GROUP INC | Added | +6.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +5.9m |
| GOLDMAN SACHS GROUP INC | Added | +4.8m |
| MORGAN STANLEY | Added | +4.5m |
| BROADWATER CAPITAL MANAGEMENT LLC | Added | +3.9m |
| Capital Wealth Planning, LLC | Added | +3.5m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -12.8m |
| GEODE CAPITAL MANAGEMENT, LLC | Reduced | -7.0m |
| Capital International Investors | Reduced | -7.0m |
| Alphinity Investment Management Pty Ltd | Reduced | -5.3m |
| FRANKLIN RESOURCES INC | Reduced | -4.1m |
| Assenagon Asset Management S.A. | Reduced | -3.5m |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -3.5m |
| Amundi | Reduced | -3.4m |
| BNP PARIBAS FINANCIAL MARKETS | Reduced | -2.6m |
| D. E. Shaw & Co., Inc. | Reduced | -2.4m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $574.9m8.1m shares |
| CITADEL ADVISORS LLC | Reduced | $290.8m4.1m shares |
| JANE STREET GROUP, LLC | Reduced | $204.7m2.9m shares |
| Squarepoint Ops LLC | Added | $173.0m2.4m shares |
| ROYAL BANK OF CANADA | Added | $103.3m1.5m shares |
| UBS Group AG | Reduced | $76.8m1.1m shares |
| IMC-Chicago, LLC | Reduced | $70.7m999.8k shares |
| WOLVERINE TRADING, LLC | Reduced | $70.5m1.0m shares |
| SIMPLEX TRADING, LLC | Reduced | $64.2m907.1k shares |
| Qube Research & Technologies Ltd | Added | $62.8m887.4k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $381.3m5.4m shares |
| CITADEL ADVISORS LLC | Reduced | $259.2m3.7m shares |
| CITIGROUP INC | Added | $141.0m2.0m shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $94.7m1.3m shares |
| Qube Research & Technologies Ltd | Reduced | $93.4m1.3m shares |
| BANK OF AMERICA CORP /DE/ | Added | $92.6m1.3m shares |
| SIMPLEX TRADING, LLC | Reduced | $78.6m1.1m shares |
| UBS Group AG | Reduced | $75.2m1.1m shares |
| JANE STREET GROUP, LLC | Added | $46.3m654.7k shares |
| IMC-Chicago, LLC | Added | $41.7m589.7k 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 2025
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 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 | — |
| Q1 2025 | 0 | — | 5 | $17.4m | — |
| Q2 2025 | 0 | — | 4 | $31.9m | $19.2m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-05-30 | Quincey James Chairman and CEO, director | Sold plan | $19.2m266.4k shares |
| 2025-05-09 | QUAN NANCY Executive Vice President | Sold | $2.0m28.5k shares |
| 2025-05-08 | Perez Beatriz R Executive Vice President | Sold | $4.3m60.3k shares |
| 2025-05-07 | MURPHY JOHN President and CFO | Sold | $6.4m88.7k 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 2025
| Manager | Shares | Change |
|---|---|---|
| Berkshire Hathaway Inc 10.99% of their portfolio | 400.0m $28.3bn | Unchanged |
| VANGUARD GROUP INC 0.42% of their portfolio | 367.4m $26.0bn | Added +6.2m |
| BlackRock, Inc. 0.42% of their portfolio | 313.3m $22.2bn | Added +727.7k |
| STATE STREET CORP 0.44% of their portfolio | 164.9m $11.8bn | Added +336.0k |
| FMR LLC 0.40% of their portfolio | 100.3m $7.1bn | Added +12.2m |
| MORGAN STANLEY 0.42% of their portfolio | 90.6m $6.4bn | Added +4.5m |
| GEODE CAPITAL MANAGEMENT, LLC 0.44% of their portfolio | 88.9m $6.3bn | Reduced -7.0m |
| JPMORGAN CHASE & CO 0.39% of their portfolio | 80.3m $5.7bn | Reduced -12.8m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.84% of their portfolio | 68.5m $4.8bn | Reduced -1.7m |
| NORGES BANK 0.48% of their portfolio | 54.4m $3.8bn | Reduced -751.2k |
| ROYAL BANK OF CANADA 0.37% of their portfolio | 53.6m $3.8bn | Added +26.6m |
| WELLINGTON MANAGEMENT GROUP LLP 0.58% of their portfolio | 45.5m $3.2bn | Reduced -1.9m |
| NORTHERN TRUST CORP 0.40% of their portfolio | 41.3m $2.9bn | Reduced -638.5k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.53% of their portfolio | 36.8m $2.6bn | Added +5.9m |
| FRANKLIN RESOURCES INC 0.64% of their portfolio | 34.0m $2.4bn | Reduced -4.1m |
| BANK OF AMERICA CORP /DE/ 0.19% of their portfolio | 33.1m $2.3bn | Reduced -2.4m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.26% of their portfolio | 32.2m $2.3bn | Reduced -1.9m |
| Legal & General Group Plc 0.48% of their portfolio | 27.3m $1.9bn | Added +285.8k |
| UBS Group AG 0.39% of their portfolio | 26.6m $1.9bn | Reduced -706.1k |
| Invesco Ltd. 0.30% of their portfolio | 25.3m $1.8bn | Added +2.5m |
| GQG Partners LLC 2.50% of their portfolio | 24.8m $1.8bn | Added +20.0m |
| GOLDMAN SACHS GROUP INC 0.27% of their portfolio | 23.6m $1.7bn | Added +4.8m |
| Bank of New York Mellon Corp 0.31% of their portfolio | 23.5m $1.7bn | Reduced -1.5m |
| Nuveen, LLC 0.41% of their portfolio | 20.8m $1.5bn | Reduced -245.1k |
| Capital International Investors 0.25% of their portfolio | 20.4m $1.4bn | Reduced -7.0m |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.05% of their portfolio | 18.6m $1.3bn | Added +2.4m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.14% of their portfolio | 18.2m $1.3bn | Unchanged |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.31% of their portfolio | 18.0m $1.3bn | Reduced -1.5m |
| Amundi 0.44% of their portfolio | 17.8m $1.3bn | Reduced -3.4m |
| Capital Research Global Investors 0.25% of their portfolio | 17.6m $1.2bn | Added +2.4m |
| DIMENSIONAL FUND ADVISORS LP 0.28% of their portfolio | 17.3m $1.2bn | Reduced -266.4k |
| AMERIPRISE FINANCIAL INC 0.30% of their portfolio | 17.2m $1.2bn | Reduced -2.0m |
| Fayez Sarofim & Co 2.87% of their portfolio | 16.9m $1.2bn | Reduced -740.0k |
| Vontobel Holding Ltd. 3.77% of their portfolio | 16.2m $1.1bn | Added +885.1k |
| TRUIST FINANCIAL CORP 1.60% of their portfolio | 15.4m $1.1bn | Reduced -158.7k |
| ALLIANCEBERNSTEIN L.P. 0.34% of their portfolio | 14.9m $1.1bn | Added +548.8k |
| Aristotle Capital Management, LLC 1.95% of their portfolio | 14.3m $1.0bn | Reduced -343.7k |
| DEUTSCHE BANK AG\ 0.35% of their portfolio | 13.4m $948.8m | Added +34.7k |
| Swiss National Bank 0.52% of their portfolio | 12.4m $875.6m | Added +833.9k |
| RAYMOND JAMES FINANCIAL INC 0.30% of their portfolio | 12.4m $874.1m | Added +509.7k |
| HSBC HOLDINGS PLC 0.54% of their portfolio | 11.9m $842.4m | Reduced -242.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.70% of their portfolio | 11.7m $828.8m | Added +2.6m |
| California Public Employees Retirement System 0.50% of their portfolio | 11.1m $785.1m | Reduced -898.7k |
| WELLS FARGO & COMPANY/MN 0.16% of their portfolio | 10.4m $738.4m | Reduced -1.4m |
| Sumitomo Mitsui Trust Group, Inc. 0.45% of their portfolio | 10.2m $722.4m | Added +63.6k |
| CITADEL ADVISORS LLC 0.59% of their portfolio | 9.7m $682.9m | Added +9.2m |
| BARCLAYS PLC 0.26% of their portfolio | 9.4m $664.5m | Added +628.0k |
| Alphinity Investment Management Pty Ltd 5.46% of their portfolio | 9.0m $638.4m | Reduced -5.3m |
| Boston Partners 0.71% of their portfolio | 9.0m $634.9m | Added +33.6k |
| Clearbridge Investments, LLC 0.51% of their portfolio | 8.9m $628.7m | Reduced -632.7k |
| National Pension Service 0.53% of their portfolio | 8.7m $613.1m | Reduced -485.4k |
| STIFEL FINANCIAL CORP 0.59% of their portfolio | 8.6m $608.0m | Reduced -114.2k |
| LAZARD ASSET MANAGEMENT LLC 0.83% of their portfolio | 8.5m $602.3m | Reduced -444.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.31% of their portfolio | 8.3m $590.2m | Added +911.6k |
| SYNOVUS FINANCIAL CORP 6.62% of their portfolio | 7.6m $540.6m | Reduced -246.6k |
| DekaBank Deutsche Girozentrale 0.96% of their portfolio | 7.6m $537.0m | Reduced -53.6k |
| RHUMBLINE ADVISERS 0.44% of their portfolio | 7.2m $510.1m | Reduced -207.0k |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.50% of their portfolio | 7.0m $497.5m | Reduced -625.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.52% of their portfolio | 6.7m $470.7m | Added +35.6k |
| NORDEA INVESTMENT MANAGEMENT AB 0.43% of their portfolio | 6.5m $459.8m | Reduced -45.8k |
| Fisher Asset Management, LLC 0.18% of their portfolio | 6.4m $453.3m | Reduced -52.5k |
| Capital World Investors 0.07% of their portfolio | 6.3m $447.6m | Reduced -1.6m |
| CITIGROUP INC 0.30% of their portfolio | 6.1m $432.4m | Reduced -381.6k |
| ALLEN HOLDING INC /NY 41.74% of their portfolio | 6.0m $424.5m | Unchanged |
| PNC Financial Services Group, Inc. 0.27% of their portfolio | 5.8m $412.5m | Reduced -36.9k |
| Rathbones Group PLC 1.74% of their portfolio | 5.7m $403.6m | Reduced -50.6k |
| ENVESTNET ASSET MANAGEMENT INC 0.12% of their portfolio | 5.7m $400.5m | Reduced -11.2k |
| BANK OF MONTREAL /CAN/ 0.19% of their portfolio | 5.3m $375.1m | Reduced -1.1m |
| LPL Financial LLC 0.12% of their portfolio | 5.1m $364.1m | Added +229.8k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.47% of their portfolio | 5.0m $356.4m | Reduced -89.3k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.30% of their portfolio | 4.9m $350.0m | Added +2.1m |
| CANADA LIFE ASSURANCE Co 0.52% of their portfolio | 4.7m $330.9m | Reduced -66.4k |
| Aberdeen Group plc 0.55% of their portfolio | 4.6m $322.5m | Added +216.8k |
| PRUDENTIAL FINANCIAL INC 0.40% of their portfolio | 4.4m $310.4m | Reduced -639.0k |
| US BANCORP \DE\ 0.38% of their portfolio | 4.3m $302.3m | Reduced -50.1k |
| Rockefeller Capital Management L.P. 0.34% of their portfolio | 4.1m $293.6m | Added +2.1m |
| B. Metzler seel. Sohn & Co. AG 2.67% of their portfolio | 4.0m $279.6m | Added +21.9k |
| BROADWATER CAPITAL MANAGEMENT LLC 3.06% of their portfolio | 3.9m $3.9m | Added +3.9m |
| MACQUARIE GROUP LTD 0.34% of their portfolio | 3.9m $274.1m | Reduced -854.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.18% of their portfolio | 3.8m $271.6m | Reduced -68.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.48% of their portfolio | 3.8m $271.2m | Reduced -7.3k |
| MILLENNIUM MANAGEMENT LLC 0.24% of their portfolio | 3.8m $271.0m | Added +2.0m |
| Bank Julius Baer & Co. Ltd, Zurich 0.80% of their portfolio | 3.8m $267.9m | Added +37.8k |
| 1832 Asset Management L.P. 0.45% of their portfolio | 3.7m $260.0m | Reduced -111.1k |
| DANSKE BANK A/S 0.64% of their portfolio | 3.6m $257.8m | Added +1.8m |
| FIRST TRUST ADVISORS LP 0.21% of their portfolio | 3.6m $256.5m | Reduced -1.1m |
| NATIONAL BANK OF CANADA /FI/ 0.28% of their portfolio | 3.6m $255.9m | Reduced -265.1k |
| AVIVA PLC 0.52% of their portfolio | 3.6m $253.2m | Added +219.0k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.42% of their portfolio | 3.5m $251.0m | Added +462.6k |
| Capital Wealth Planning, LLC 1.97% of their portfolio | 3.5m $249.6m | Added +3.5m |
| NATIXIS ADVISORS, LLC 0.39% of their portfolio | 3.5m $248.6m | Added +156.0k |
| Point72 Asset Management, L.P. 0.58% of their portfolio | 3.4m $243.9m | Added +1.5m |
| VOYA INVESTMENT MANAGEMENT LLC 0.24% of their portfolio | 3.4m $241.4m | Reduced -3.5m |
| Korea Investment CORP 0.53% of their portfolio | 3.4m $239.2m | Added +246.3k |
| Public Sector Pension Investment Board 1.02% of their portfolio | 3.4m $238.8m | Added +375.2k |
| Pictet Asset Management Holding SA 0.24% of their portfolio | 3.3m $234.1m | Added +257.0k |
| Pathstone Holdings, LLC 0.91% of their portfolio | 3.2m $229.8m | Reduced -8.7k |
| Guinness Asset Management LTD 4.03% of their portfolio | 3.2m $225.3m | Added +46.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.16% of their portfolio | 3.2m $224.8m | Reduced -471.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.40% of their portfolio | 3.2m $223.1m | Reduced -71.3k |