Michigan Pension Fund Cuts Stake in Coca-Cola Amid Market Uncertainty
The State of Michigan Retirement System reduced its stake in Coca-Cola Company (The) by 1.6% during the second quarter, according to its most recent 13F filing with the SEC.
The institutional investor owned 1,021,448 shares of the company's stock after selling 16,700 shares during the period. The value of State of Michigan Retirement System's holdings in Coca-Cola was $83,013,000 at the end of the most recent reporting period.
Anfield Capital Management LLC boosted its holdings in shares of Coca-Cola by 438.8% in the fourth quarter and now owns 361 shares of the company's stock valued at $25,000 after buying an additional 294 shares last quarter.