5 Best Stocks to Buy According to Warren Buffett

4. The Coca-Cola Company (NYSE:KO)

Number of Hedge Fund Holders: 61

The Coca-Cola Company (NYSE:KO) is a Georgia-based beverage firm. It is one of the long-term holdings of Berkshire. The fund first purchased a stake in the company in the fourth quarter of 2010. It has featured in the portfolio constantly since then. At the end of December 2021, the fund owned 400 million shares of The Coca-Cola Company (NYSE:KO) worth $23.6 billion, representing 7.15% of the portfolio. 

Other top hedge funds are also bullish on The Coca-Cola Company (NYSE:KO) stock. Among the hedge funds being tracked by Insider Monkey, Chicago-based firm Citadel Investment Group is a leading shareholder in The Coca-Cola Company (NYSE:KO) with 10.6 million shares worth more than $632 million.