5 Largest Beverage Companies in the Word in 2023

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

Latest Market Capitalization: $276.58 billion

The Coca-Cola Company (NYSE:KO) is another iconic carbonated drink brand that runs one of the biggest logistics and distribution networks in the world. There are several separate companies that distribute their products in regions such as South America and Europe.

As of 2022 end, 58 of the 943 hedge funds surveyed by Insider Monkey had bought the firm’s shares. The Coca-Cola Company (NYSE:KO)’s largest hedge fund investor is none other than Warren Buffett’s Berkshire Hathaway with a $25.4 billion stake that comes courtesy of 400 million shares. Berkshire’s stake in Coca-Cola is also one of its longest held investments, with Buffett being on record saying that he will never sell the shares.

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