Fred Alger Management LLC Reduces Stake in Coca-Cola

Institutional investor sells nearly 7,000 shares of the beverage giant in Q3

Mar. 17, 2026 at 10:10am

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Fred Alger Management LLC, a prominent investment management firm, decreased its stake in The Coca-Cola Company (NYSE: KO) by 6.0% during the third quarter. The firm now owns 104,113 shares of the company's stock, valued at $6.96 million as of its most recent SEC filing.

Why it matters

Coca-Cola is one of the world's most recognizable and valuable brands, so changes in institutional ownership can provide insights into investor sentiment around the company's performance and future prospects.

The details

According to the filing, Fred Alger Management sold 6,687 shares of Coca-Cola stock during the third quarter. The firm now holds a total of 104,113 shares, down from 110,800 shares in the prior quarter. Coca-Cola's stock price has risen steadily over the past year, up over 10% as the company has navigated pandemic-related challenges and continued to invest in its portfolio of global beverage brands.

  • The third quarter filing was made on March 17, 2026.

The players

Fred Alger Management LLC

A prominent investment management firm based in New York that oversees over $30 billion in assets.

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

The reduction in Coca-Cola shares by Fred Alger Management suggests the firm may see near-term headwinds for the beverage giant, even as the company's stock has trended upward over the past year. Investors will be watching to see if other major institutional holders make similar moves in the coming quarters.