Primecap Management Invests $2.86 Million in Coca-Cola Consolidated

Primecap Management Co. CA has made a significant investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE), purchasing 35,200 shares valued at approximately $2,861,000 during the second quarter.

This new position is in addition to other institutional investors who have also modified their holdings of COKE, including Bessemer Group Inc., Beacon Pointe Advisors LLC, Wealthfront Advisers LLC, UMB Bank n.a., and Private Advisor Group LLC.

Coca-Cola Consolidated's operations span 14 states and the District of Columbia across the Southeastern, South Central, and Mid-Atlantic regions, manufacturing and distributing a broad portfolio of sparkling and still beverages under exclusive agreements with The Coca-Cola Company.