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 ($667.5m this quarter). Holder counts are more reliable. Shares outstanding: 4.3bn as of 2025-10-21, 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 ≈ $69.88. Options: 55 managers hold calls ($2.1bn notional), 54 hold puts ($1.7bn).
Trends to Q4 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 |
| Q3 2025 | 3,288 |
| Q4 2025 | 3,476 |
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 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 |
| Q3 2025 | 1,496 | 1,521 |
| Q4 2025 | 1,586 | 1,432 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $2.7bn | $1.7bn | 0.63 |
| Q2 2025 | $2.3bn | $1.7bn | 0.76 |
| Q3 2025 | $2.1bn | $1.7bn | 0.84 |
| Q4 2025 | $2.1bn | $1.7bn | 0.82 |
Biggest buyers
| MARSHALL WACE, LLP | Added | +9.8m |
| BANK OF AMERICA CORP /DE/ | Added | +9.0m |
| HSBC HOLDINGS PLC | Added | +8.9m |
| Capital World Investors | Added | +6.2m |
| Rathbones Group PLC | Added | +6.1m |
| VANGUARD GROUP INC | Added | +5.9m |
| Bank of New York Mellon Corp | Added | +5.5m |
| VOYA INVESTMENT MANAGEMENT LLC | Added | +4.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | Added | +4.2m |
| Corient Private Wealth LP | Added | +4.0m |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -105.6m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -6.7m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -5.2m |
| Vontobel Holding Ltd. | Reduced | -5.1m |
| BARCLAYS PLC | Reduced | -4.4m |
| UBS Group AG | Reduced | -4.4m |
| LAZARD ASSET MANAGEMENT LLC | Reduced | -4.3m |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | Sold out | -3.1m |
| MACQUARIE GROUP LTD | Reduced | -2.5m |
| Qube Research & Technologies Ltd | Sold out | -2.5m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $505.1m7.2m shares |
| JANE STREET GROUP, LLC | Added | $318.0m4.5m shares |
| CITADEL ADVISORS LLC | Added | $236.4m3.4m shares |
| D. E. Shaw & Co., Inc. | Added | $106.3m1.5m shares |
| Point72 Asset Management, L.P. | Added | $86.9m1.2m shares |
| IMC-Chicago, LLC | Added | $85.4m1.2m shares |
| UBS Group AG | Added | $77.3m1.1m shares |
| GOLDMAN SACHS GROUP INC | Added | $62.1m888.2k shares |
| SIMPLEX TRADING, LLC | Reduced | $56.7m811.3k shares |
| Squarepoint Ops LLC | Reduced | $56.6m810.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $387.8m5.5m shares |
| CITADEL ADVISORS LLC | Reduced | $206.8m3.0m shares |
| CITIGROUP INC | Added | $167.4m2.4m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $135.3m1.9m shares |
| UBS Group AG | Added | $98.5m1.4m shares |
| SIMPLEX TRADING, LLC | Added | $74.6m1.1m shares |
| GOLDMAN SACHS GROUP INC | Added | $70.3m1.0m shares |
| JANE STREET GROUP, LLC | Reduced | $66.9m956.9k shares |
| Qube Research & Technologies Ltd | Reduced | $64.2m918.9k shares |
| BNP PARIBAS FINANCIAL MARKETS | Added | $53.0m7.6k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 |
| Q3 2025 | 0 | — | 0 | — | — |
| Q4 2025 | 1 | $998.7k | 4 | $16.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-11-17 | QUAN NANCY Executive Vice President | Sold | $2.3m31.6k shares |
| 2025-11-14 | ARROYO MANUEL Executive Vice President | Sold | $9.9m139.7k shares |
| 2025-11-11 | Braun Henrique EVP & Chief Operating Officer | Sold | $2.9m40.4k shares |
| 2025-10-24 | Douglas Monica Howard Executive Vice President | Sold | $947.4k13.5k shares |
| 2025-10-24 | Levchin Max R Director | Bought | $503.5k7.2k shares |
| 2025-10-23 | Levchin Max R Director | Bought | $495.2k7.1k 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 2025
| Manager | Shares | Change |
|---|---|---|
| Berkshire Hathaway Inc 10.20% of their portfolio | 400.0m $28.0bn | Unchanged |
| VANGUARD GROUP INC 0.38% of their portfolio | 374.8m $26.2bn | Added +5.9m |
| BlackRock, Inc. 0.38% of their portfolio | 318.7m $22.3bn | Added +2.1m |
| STATE STREET CORP 0.39% of their portfolio | 167.9m $11.7bn | Added +2.0m |
| FMR LLC 0.39% of their portfolio | 110.0m $7.7bn | Added +1.7m |
| MORGAN STANLEY 0.39% of their portfolio | 93.2m $6.5bn | Reduced -2.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.39% of their portfolio | 90.0m $6.3bn | Added +433.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.78% of their portfolio | 71.5m $5.0bn | Reduced -643.1k |
| JPMORGAN CHASE & CO 0.33% of their portfolio | 70.0m $4.9bn | Reduced -105.6m |
| NORGES BANK 0.41% of their portfolio | 55.3m $3.9bn | Not comparable |
| NORTHERN TRUST CORP 0.36% of their portfolio | 40.5m $2.8bn | Reduced -648.1k |
| FRANKLIN RESOURCES INC 0.69% of their portfolio | 40.3m $2.8bn | Added +1.2m |
| BANK OF AMERICA CORP /DE/ 0.20% of their portfolio | 40.2m $2.8bn | Added +9.0m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.47% of their portfolio | 31.7m $2.2bn | Added +4.2m |
| Bank of New York Mellon Corp 0.35% of their portfolio | 28.7m $2.0bn | Added +5.5m |
| WELLINGTON MANAGEMENT GROUP LLP 0.35% of their portfolio | 28.7m $2.0bn | Reduced -6.7m |
| Invesco Ltd. 0.19% of their portfolio | 28.5m $2.0bn | Added +1.8m |
| GOLDMAN SACHS GROUP INC 0.28% of their portfolio | 28.4m $2.0bn | Added +2.5m |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.21% of their portfolio | 28.3m $2.0bn | Reduced -1.7m |
| ROYAL BANK OF CANADA 0.33% of their portfolio | 26.9m $1.9bn | Added +2.3m |
| Legal & General Group Plc 0.41% of their portfolio | 26.6m $1.9bn | Reduced -1.5m |
| GQG Partners LLC 3.02% of their portfolio | 26.3m $1.8bn | Added +3.4m |
| UBS Group AG 0.34% of their portfolio | 24.4m $1.7bn | Reduced -4.4m |
| Capital International Investors 0.26% of their portfolio | 23.7m $1.7bn | Added +2.3m |
| Amundi 0.37% of their portfolio | 19.6m $1.4bn | Added +2.3m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.92% of their portfolio | 19.6m $1.4bn | Added +68.3k |
| Nuveen, LLC 0.35% of their portfolio | 19.1m $1.3bn | Reduced -588.5k |
| AMERIPRISE FINANCIAL INC 0.30% of their portfolio | 18.8m $1.3bn | Reduced -130.7k |
| DIMENSIONAL FUND ADVISORS LP 0.27% of their portfolio | 18.6m $1.3bn | Added +283.7k |
| HSBC HOLDINGS PLC 0.37% of their portfolio | 18.5m $1.3bn | Added +8.9m |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO 1.00% of their portfolio | 18.2m $1.3bn | Unchanged |
| DEUTSCHE BANK AG\ 0.37% of their portfolio | 16.3m $1.1bn | Reduced -852.4k |
| Capital Research Global Investors 0.21% of their portfolio | 16.0m $1.1bn | Reduced -1.9m |
| Fayez Sarofim & Co 2.62% of their portfolio | 15.6m $1.1bn | Reduced -981.9k |
| TRUIST FINANCIAL CORP 1.41% of their portfolio | 15.0m $1.1bn | Reduced -178.6k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.88% of their portfolio | 14.3m $1.0bn | Reduced -5.2m |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.69% of their portfolio | 13.1m $914.7m | Added +1.1m |
| Aristotle Capital Management, LLC 1.82% of their portfolio | 13.0m $908.9m | Reduced -738.2k |
| ALLIANCEBERNSTEIN L.P. 0.28% of their portfolio | 12.8m $893.6m | Added +355.0k |
| Capital World Investors 0.12% of their portfolio | 12.6m $879.0m | Added +6.2m |
| RAYMOND JAMES FINANCIAL INC 0.26% of their portfolio | 12.1m $847.8m | Reduced -254.2k |
| Rathbones Group PLC 1.63% of their portfolio | 11.9m $828.5m | Added +6.1m |
| WELLS FARGO & COMPANY/MN 0.15% of their portfolio | 11.2m $785.9m | Added +704.8k |
| Swiss National Bank 0.47% of their portfolio | 11.2m $783.3m | Reduced -583.4k |
| MARSHALL WACE, LLP 0.72% of their portfolio | 10.6m $743.9m | Added +9.8m |
| California Public Employees Retirement System 0.40% of their portfolio | 10.0m $701.9m | Reduced -105.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.41% of their portfolio | 10.0m $700.4m | Reduced -389.8k |
| National Pension Service 0.47% of their portfolio | 9.1m $636.6m | Added +217.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 1.57% of their portfolio | 8.8m $615.8m | Added +1.8m |
| STIFEL FINANCIAL CORP 0.54% of their portfolio | 8.5m $597.3m | Reduced -123.7k |
| Clearbridge Investments, LLC 0.47% of their portfolio | 8.4m $589.2m | Reduced -397.1k |
| Alphinity Investment Management Pty Ltd 5.72% of their portfolio | 8.1m $565.0m | Added +895.0k |
| Vontobel Holding Ltd. 1.86% of their portfolio | 8.1m $564.3m | Reduced -5.1m |
| Pinnacle Financial Partners, Inc. 4.11% of their portfolio | 7.8m $544.5m | First filing |
| PRINCIPAL FINANCIAL GROUP INC 0.27% of their portfolio | 7.6m $533.4m | Added +81.2k |
| DekaBank Deutsche Girozentrale 0.90% of their portfolio | 7.6m $517.9m | Unchanged |
| CANADA PENSION PLAN INVESTMENT BOARD 0.34% of their portfolio | 7.4m $515.4m | Added +259.2k |
| Boston Partners 0.52% of their portfolio | 7.2m $506.1m | Reduced -2.1m |
| RHUMBLINE ADVISERS 0.40% of their portfolio | 7.1m $495.7m | Reduced -114.4k |
| BARCLAYS PLC 0.19% of their portfolio | 6.8m $474.8m | Reduced -4.4m |
| VOYA INVESTMENT MANAGEMENT LLC 0.46% of their portfolio | 6.7m $470.5m | Added +4.2m |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.47% of their portfolio | 6.7m $467.0m | Reduced -69.1k |
| BANK OF MONTREAL /CAN/ 0.18% of their portfolio | 6.4m $447.7m | Added +278.1k |
| Fisher Asset Management, LLC 0.15% of their portfolio | 6.4m $446.1m | Added +100.3k |
| PNC Financial Services Group, Inc. 0.23% of their portfolio | 6.1m $429.3m | Reduced -49.5k |
| ALLEN HOLDING INC /NY 39.98% of their portfolio | 6.0m $419.5m | Unchanged |
| LPL Financial LLC 0.11% of their portfolio | 5.9m $414.6m | Added +160.9k |
| Corient Private Wealth LP 0.26% of their portfolio | 5.8m $380.8m | Added +4.0m |
| NORDEA INVESTMENT MANAGEMENT AB 0.35% of their portfolio | 5.8m $402.5m | Reduced -616.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.11% of their portfolio | 5.1m $356.9m | Reduced -31.6k |
| Assenagon Asset Management S.A. 0.52% of their portfolio | 5.0m $348.4m | Added +498.1k |
| Aberdeen Group plc 0.53% of their portfolio | 4.9m $339.9m | Added +43.3k |
| CITIGROUP INC 0.22% of their portfolio | 4.6m $325.1m | Reduced -1.1m |
| NEW YORK STATE COMMON RETIREMENT FUND 0.43% of their portfolio | 4.6m $321.5m | Reduced -80.7k |
| MACKENZIE FINANCIAL CORP 0.37% of their portfolio | 4.5m $314.6m | Added +1.3m |
| CITADEL ADVISORS LLC 0.20% of their portfolio | 4.3m $299.2m | Reduced -1.1m |
| Capital Wealth Planning, LLC 1.90% of their portfolio | 4.2m $292.9m | Added +1.9m |
| US BANCORP \DE\ 0.34% of their portfolio | 4.2m $290.6m | Reduced -49.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.18% of their portfolio | 4.1m $288.1m | Added +1.7m |
| AVIVA PLC 0.48% of their portfolio | 4.1m $285.6m | Added +215.6k |
| LAZARD ASSET MANAGEMENT LLC 0.48% of their portfolio | 4.1m $285.4m | Reduced -4.3m |
| FIRST TRUST ADVISORS LP 0.20% of their portfolio | 4.0m $281.2m | Added +507.1k |
| B. Metzler seel. Sohn & Co. AG 2.42% of their portfolio | 4.0m $277.1m | Reduced -79.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.32% of their portfolio | 3.9m $276.2m | Added +2.9m |
| NATIXIS ADVISORS, LLC 0.39% of their portfolio | 3.9m $273.9m | Added +400.5k |
| KING LUTHER CAPITAL MANAGEMENT CORP 1.10% of their portfolio | 3.9m $269.3m | Added +31.7k |
| Eurizon Capital SGR S.p.A. 0.81% of their portfolio | 3.7m $260.9m | First filing |
| CANADA LIFE ASSURANCE Co 0.45% of their portfolio | 3.7m $256.1m | Reduced -1.1m |
| DANSKE BANK A/S 0.59% of their portfolio | 3.6m $252.7m | Added +200.7k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.43% of their portfolio | 3.4m $240.9m | Reduced -134.7k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.36% of their portfolio | 3.4m $239.4m | Added +244.9k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 0.38% of their portfolio | 3.4m $235.8m | Reduced -64.0k |
| Bank Julius Baer & Co. Ltd, Zurich 0.64% of their portfolio | 3.3m $233.2m | Reduced -17.2k |
| Pathstone Holdings, LLC 0.88% of their portfolio | 3.3m $228.5m | Added +16.2k |
| Korea Investment CORP 0.45% of their portfolio | 3.2m $227.0m | Added +74.6k |
| Guinness Asset Management LTD 3.51% of their portfolio | 3.1m $216.6m | Reduced -98.1k |
| ProShare Advisors LLC 0.38% of their portfolio | 3.1m $213.9m | Reduced -110.5k |
| SG Americas Securities, LLC 0.28% of their portfolio | 3.0m $211.5m | Added +2.4m |
| RENAISSANCE TECHNOLOGIES LLC 0.33% of their portfolio | 3.0m $210.7m | Reduced -859.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.40% of their portfolio | 3.0m $206.6m | Reduced -65.5k |