Clark Capital Management Group Inc. Reduces Stake in Coca-Cola Company

Investment firm cuts position in beverage giant by 3.8% in Q3

Mar. 15, 2026 at 9:51am

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Clark Capital Management Group Inc. has reduced its stake in The Coca-Cola Company (NYSE: KO) by 3.8% during the third quarter, according to a recent SEC filing. The investment firm now owns 1,583,329 shares of the company's stock, valued at $105,006,000.

Why it matters

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

The details

According to the SEC filing, Clark Capital Management Group sold 61,948 shares of Coca-Cola stock during the third quarter. The firm now holds a $105.01 million position in the beverage company, down from $109.05 million at the end of the prior quarter.

  • Clark Capital Management Group filed the 13F report for the third quarter of 2026 on March 15, 2026.

The players

Clark Capital Management Group Inc.

An investment management firm based in Philadelphia that oversees over $20 billion in client assets.

The Coca-Cola Company

A global beverage company headquartered in Atlanta, Georgia that manufactures and markets non-alcoholic beverage brands including Coca-Cola, Sprite, Fanta, and Dasani.

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The takeaway

The reduction in Clark Capital's Coca-Cola position, while relatively small, could signal a broader shift in investor sentiment around the consumer staples sector as economic conditions evolve. However, Coca-Cola remains a core holding for many institutional investors given its strong brand recognition and market position.