TCM Advisors LLC Invests in Coca-Cola Consolidated with $1.3 Million Stake

TCM Advisors LLC made a significant investment in Coca-Cola Consolidated, Inc. (NASDAQ:COKE) by purchasing 16,283 shares of the company's stock during the second quarter.

The shares were valued at approximately $1,323,000 and account for about 0.1% of TCM Advisors LLC's investment portfolio, making it the company's 12th largest holding.

Several other hedge funds also made changes to their positions in COKE during the second quarter, including Quarry LP, Advisory Services Network LLC, J.Safra Asset Management Corp, Newbridge Financial Services Group Inc., and Geneos Wealth Management Inc. These investors acquired new stakes or increased their existing holdings in the company.

Coca-Cola Consolidated operates in 14 states and the District of Columbia across the Southeastern, South Central, and Mid-Atlantic regions and has a market capitalization of $12.59 billion.