Flputnam Invests Heavily in Coca-Cola Amid Market Volatility
Flputnam Investment Management Co., a prominent financial institution, has significantly increased its investment in Coca-Cola Company (NYSE:KO) by purchasing an additional 160,073 shares during the second quarter.
This growth represents a 42.1% increase in Flputnam's position in KO, bringing their total holdings to 540,283 shares valued at $43.91 million as of the end of the reporting period.
Coca-Cola is now one of the firm's largest positions, accounting for approximately 0.5% of its portfolio.
Other institutional investors have also made changes to their KO holdings in recent quarters, with notable increases from Anfield Capital Management LLC and Evolution Wealth Management Inc., among others.