Asahi Life Adds COKE Holdings Amid Growing Institutional Interest

Asahi Life Asset Management CO. LTD., a financial institution, acquired new holdings in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) during the second quarter of this year, according to a recent disclosure with the Securities and Exchange Commission.

The purchased shares valued at approximately $1,162,000, making it a notable addition to the company's portfolio. This move is among several similar investments made by various hedge funds and institutional investors in COKE.

Bessemer Group Inc., for instance, grew its stake in Coca-Cola Consolidated by 19.1% during the first quarter, while Beacon Pointe Advisors LLC increased its holdings by 2.6% in the same period.