Stocks
Sapient Capital Cuts Coca-Cola Stake After Second Quarter Sale
Coca-Cola's $21.6 million stake in The Coca-Cola Company (The) was reduced by Sapient Capital LLC due to the sale of 17,289 shares in the second quarter.
The institutional investor owned 264,369 shares after trimming its holdings by 6.1% during the period.
Other hedge funds have also modified their positions in Coca-Cola, with Norges Bank acquiring a new stake worth $3.9 billion and Cardano Risk Management B.V. lifting its holdings by 867.2% in the fourth quarter.