Wellington Management Boosts KO Holdings by 9.2%

Wellington Management Group LLP recently increased its holdings in shares of The Coca-Cola Company (KO) by 9.2% during the second quarter, according to a recent Form 13F filing with the Securities & Exchange Commission.

The fund now owns approximately 29 million shares of KO's stock, valued at $2.36 billion, which represents about 0.68% of the company's outstanding shares.

This is not an isolated instance of increased investment in KO; several other hedge funds and institutional investors have also made significant changes to their positions in the company during the latest quarter.