What smart money is saying about Coca-Cola Co.
2 funds in our archive have pitched Coca-Cola Co., most recently Parnassus Investments Value Equity Fund in June 2026.
The Coca-Cola Company, a beverage company, manufactures and sells various nonalcoholic beverages in the United States and internationally. The company provides Trademark Coca-Cola, sparkling soft drinks and flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and emerging beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers comprising restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, caffeine free Diet Coke, Cherry Coke, Fanta, Sprite, Simply, Fanta Orange, Fanta Zero Orange, Fanta Zero Sugar, Fanta Apple, Sprite Zero Sugar, Simply Orange, Simply Apple, Simply Grapefruit, Fresca, Schweppes, Thums Up, Aquarius, Ayataka, BODYARMOR, Ciel, Costa, Crystal, Dasani, Fuze Tea, Georgia, glacéau smartwater, glacéau vitaminwater, Gold Peak, I LOHAS, Powerade, Topo Chico, Core Power, Del Valle, fairlife, innocent, Maaza, Minute Maid, Minute Maid Pulpy, Santa Clara, and dogadan brands. It operates through a network of independent bottling partners, distributors, wholesalers, and retailers, as well as through bottling and distribution operators. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.
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Position history
Between Q1 2025 and Q3 2026, 6 fund letters reported a position in Coca-Cola Co., with 2 buys (opened or added).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 2 | 0 | 0 | 0 |
| Q2 2026 | 3 | 2 | 0 | 1 |
| Q1 2026 | 0 | 0 | 0 | 1 |
| Q1 2025 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 6 positions · 2 moves
- August 2026
Listed in Guinness Global Equity Income Fund’s reported holdings.
Coca-Cola Co. - July 2026
Listed in WS Lindsell Train North American Equity Fund’s reported holdings.
Coca-Cola Co. - June 2026
Listed in Guinness Global Equity Income Fund’s reported holdings.
Coca-Cola Co. - New positionParnassus Investments Value Equity FundJune 2026
“Defensive sectors such as Consumer Staples and Utilities did not participate in the market rally. This created selective opportunities to increase quality defensive exposure, including a new position in Coca-Cola.”
Coca-Cola Co. - New positionParnassus Value Select ETFJune 2026
“Defensive sectors such as Consumer Staples and Utilities did not participate in the market rally. This created selective opportunities to increase quality defensive exposure, including new positions in Coca-Cola and CMS Energy.”
Coca-Cola Co. - March 2025
Listed in Macquarie Large Cap Growth Fund’s reported holdings.
Coca-Cola Co.
Also mentioned · 7
These funds discuss Coca-Cola Co. as a competitor, benchmark or comparable, without disclosing a position in it.
- MentionedHennessy Japan FundOctober 2026
“In the beverages industry, Coca-Cola is a prime example of a global brand.”
Coca-Cola Co. - MentionedTroy Multi-Asset StrategyOctober 2026
“The price is not always right Some of the best equity investment opportunities lie in good businesses that have suffered from long de-ratings of their valuations. Investors simply re-appraise the value of the earnings. This can happen suddenly if the profit outlook changes, as profit warnings are rarely greeted with enthusiasm. But what of companies with stable and consistent returns where earnings are reliable and growing over time? The best example of a de-rating was the peak valuations of the Nifty 50 stocks in the early 1970s. These so-called ‘one decision’ stocks de-rated from extreme valuations in an era of inflation and rising interest rates. Market darlings, like McDonald’s and Walt Disney, fell from ~80x earnings to mid- teens valuation multiples over two years, which led to share price falls of over 70%. Over the same period, Coca-Cola shares halved as its earnings multiple fell from 46x to 15x, despite good earnings growth. While valuations can always go higher, they are likely to, ultimately, revert to the mean. Some of our best ideas, such as buying Microsoft in 2010 or Coca-Cola itself in 2009, came after long periods of de-rating.”
Coca-Cola Co. - September 2026
“Buffett’s 1993 letter was the first time he applied the castle-and-moat image to his two flagship consumer franchises, Coca-Cola and Gillette.”
Coca-Cola Co. - MentionedManole Capital Management FINTECH StrategySeptember 2026
“In 1985, Coca-Cola replaced its original formula with “New Coke.” The backlash was so intense that Coca-Cola reversed course just 79 days later and brought back the original formula as “Coca-Cola Classic.” Despite becoming one of the most famous marketing blunders in history, Coca-Cola’s stock performed quite well that year, up over 40%.”
Coca-Cola Co. - June 2026
“The arguments go something like this. Commercial insurance buyers will use AI agents (or a cheaper AI-native broker) to go directly to the universe of property and casualty (P&C) underwriters, eliminating the need for traditional brokers such as Marsh. Coca-Cola, for example, will input its insurance requirements into its AI agent.”
Coca-Cola Co. - MentionedAttitude Sherpa, FIJune 2026
“I have seen people buy the best companies in the world – Coca-Cola, Gillette, Disney – at 50, 60, 70 times earnings because they were convinced that their growth would never end.”
Coca-Cola Co. - MentionedBonsai partnersJune 2025
“As a result, the current geographic ownership of Schweppes is as follows: 1) Keurig Dr Pepper: United States and Canada 2) Coca-Cola: U.K., South America, and Eastern Europe”
Coca-Cola Co.
Fund coverage · 2 theses
Coca-Cola benefits from global brands, pricing power, emerging-market exposure and durable earnings growth at a reasonable valuation.
Read the full thesis- Bronte CapitalMarch 2026
Coca-Cola is a stunning consumer staples business with high returns on capital, strong cash generation, and powerful brand and distribution advantages.
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