Biglari Sardar Takes Big Bet on Coca-Cola Consolidated
Biglari Sardar's investment firm has taken a significant position in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), purchasing 110,248 shares worth approximately $8,959,855,000 during the second quarter.
This represents about 14.4% of Biglari Sardar's holdings, making Coca-Cola Consolidated its second-largest position.
Other institutional investors have also increased their stakes in COKE, including BlackRock Inc., Legal & General Group Plc, Mitsubishi UFJ Asset Management Co. Ltd., GQG Partners LLC, and Deutsche Bank AG.