Ohio Pension Fund Invests Big in Coca-Cola Europacific Partners

The Public Employees Retirement System of Ohio has made a new investment in Coca-Cola Europacific Partners (NASDAQ:CCEP), acquiring 46,665 shares worth approximately $4.67 million.

This is not an isolated instance, as other institutional investors have also modified their holdings in the company. AQR Capital Management LLC boosted its holdings by 10.5% in the first quarter, while Geneos Wealth Management Inc. raised its position by 23.9% during the same period.

Coca-Cola Europacific Partners is a major independent bottler and distributor of nonalcoholic ready-to-drink beverages, operating under a long-standing franchise relationship with The Coca-Cola Company.