Bank of Nova Scotia Buys Significant Stake in Coca-Cola Consolidated

Bank of Nova Scotia acquired a new position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 821,108 shares of the company's stock, valued at approximately $66,778,000.

This represents a new stake in Coca-Cola Consolidated for Bank of Nova Scotia, which now owns 1.23% of the company's outstanding shares. Several other hedge funds have also made changes to their positions in the business during this period.