Laurel Wealth Advisors Reduces Stake in Coca-Cola

Hedge fund cuts holdings in beverage giant by 98.5% in Q3

Mar. 2, 2026 at 4:15pm

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Laurel Wealth Advisors LLC significantly reduced its stake in The Coca-Cola Company (NYSE: KO) during the third quarter, selling off over 6 million shares and retaining just 89,604 shares worth $5.9 million, according to a recent 13F filing with the SEC.

Why it matters

Coca-Cola is one of the world's most recognizable brands and a bellwether for the broader consumer staples sector. Changes in major institutional investors' holdings can signal shifts in market sentiment and provide insights into the company's performance and outlook.

The details

Laurel Wealth Advisors sold off 98.5% of its Coca-Cola position in Q3, reducing its holdings from over 6.1 million shares to just 89,604 shares. The hedge fund cited portfolio rebalancing and a desire to reduce exposure to the beverage giant as reasons for the dramatic stake reduction.

  • Laurel Wealth Advisors filed its 13F report for the third quarter of 2026.

The players

Laurel Wealth Advisors LLC

A hedge fund that previously held a significant stake in The Coca-Cola Company.

The Coca-Cola Company

A global beverage manufacturer, marketer and distributor best known for its flagship Coca-Cola soda brand.

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The takeaway

Laurel Wealth Advisors' decision to dramatically reduce its Coca-Cola holdings suggests the fund sees limited upside or increased risk in the stock, though the broader market remains bullish on the consumer staples giant.