Coca-Cola Shareholder Sells Stake Amid Ongoing Institutional Activity

Coca-Cola Company's (KO) shares have been sold by Cardano Risk Management B.V., reducing its stake in the company by 2.0% in the second quarter, according to its most recent 13F filing with the SEC.

The fund owned 1,505,504 shares of KO's stock after selling 31,020 shares during the period. Coca-Cola comprises about 0.9% of Cardano Risk Management B.V.'s portfolio, making it the company's 28th largest holding.

Coca-Cola's holdings in the company were worth $122,352,000 as of its most recent filing with the SEC.