Swiss National Bank Reduces CocaCola Stake

The institutional investor sold nearly 600,000 shares of the beverage giant in Q3 2025.

Published on Mar. 9, 2026

Swiss National Bank decreased its holdings in shares of CocaCola Company (The) (NYSE:KO) by 4.8% during the third quarter of 2025, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,787,100 shares of the company's stock after selling 588,900 shares.

Why it matters

CocaCola is one of the world's most recognizable brands and a bellwether for the broader beverage industry. Changes in major institutional ownership of the stock can signal shifts in investor sentiment and broader market trends.

The details

Swiss National Bank sold 588,900 shares of CocaCola stock in Q3 2025, reducing its total position to 11,787,100 shares. This represented approximately 0.27% of CocaCola's outstanding shares at the time. The institutional investor cited general portfolio rebalancing as the reason for the sale.

  • Swiss National Bank filed its Q3 2025 Form 13F on March 9, 2026.

The players

Swiss National Bank

The central bank of Switzerland and one of the world's largest sovereign wealth funds, with over $1 trillion in assets under management.

CocaCola Company (The)

A global beverage manufacturer, marketer and distributor best known for its flagship Coca-Cola soda brand. The company is headquartered in Atlanta, Georgia.

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The takeaway

The reduction in Swiss National Bank's CocaCola stake, while relatively small, could signal broader investor caution around the beverage industry amid economic uncertainty. However, CocaCola remains one of the world's most valuable and recognizable brands, with a diversified portfolio of products.