Praetorian Wealth Invests Heavily in Coca-Cola
Praetorian Wealth Management Inc. has taken a significant position in The Coca-Cola Company (KO), investing $2.08 million in shares of the company's stock.
The institutional investor acquired 25,630 shares of KO's stock in the second quarter, according to its most recent 13F filing with the SEC.
This is not an isolated instance; several other hedge funds have also added to or reduced their stakes in KO. Brighton Jones LLC raised its stake by 13.3% in the fourth quarter, while Revolve Wealth Partners LLC boosted its position by 3.4% during the same period.
Jump Financial LLC grew its holdings in KO by an impressive 450.5% in the second quarter, and Osterweis Capital Management Inc. raised its position by 548.2% during the same time frame.
Institutional investors and hedge funds own a significant portion of KO's stock, comprising approximately 70.26% of the company's shares.