Bill Gates’ Cascade Investment Reports Big Position in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (KOF)

Bill Gates’ Cascade Investment has disclosed a significant position in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF). According to a newly amended filing with the SEC, Cascade Investment holds a total of some 25.79 million series L shares of the company, equal to 5.3% of the outstanding stock. Mr. Gates, via Cascade and Bill & Melinda Gates Foundation Trust is deemed to own around 88.01 million shares, or 17.7% of the class. In an earlier filing, Mr. Gates’ position in Coca-Cola FEMSA amassed 87.84 million shares, or 19.2% of the outstanding stock.

An Interesting Microsoft Corporation (MSFT), Google Inc (GOOG) Showdown

Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) operates as one of the largest franchise bottlers of The Coca-Cola Company (NYSE:KO) products. For the previous year, the company reported EPS worth $4.22, down from $5.16 posted a year earlier, while its revenue appreciated to $11.7 billion, from $11.5 billion. For the current year, the company is expected to report revenues worth $12.7 billion, and net income of $5.19 per share.

The stock of Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) has been declining and lost over 10% since the beginning of the year, and almost 40% over the past 52 weeks. It trails a Price/Earnings ratio of 24.xx, slightly above the industry average of 21.xx and has a Price/Earnings-to-Growth Ratio of around 4.xx.

Among the hedge funds from our database, several disclosed holding shares of Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) in the previous round of 13F filings. Jim Simons‘ Renaissance Technologies held around 738,100 shares, with a reported value of $89.88 million, followed by Aqr Capital Management, led by Cliff Asness, with a much smaller stake with some 98,900 shares.

A couple of weeks ago, Cascade Investment disclosed holding 772,000 shares of Thai Fund Inc. (NYSE:TTF). The aggregate stake owned by Mr. Gates amasses over 1.0 million shares of the company, equal to 8.2%.

Disclosure: none

Recommended Reading:

Bill Gates’ Investment Arm Reports Stake in Arcos Dorados Holding Inc (ARCO)

Bill & Melinda Gates Foundation Trust Discloses Selling Some Berkshire Hathaway Inc. (BRK.B); Plans To Sell 65 Mln More

Bill Gates’ Cascade Investment Buys Some Deere & Company (DE) Shares

Biotech Insider Alert - $6 Stock To Hit $40

$200 Million Dollar Healthcare Hedge Fund's #1 Best Idea Right Now

The best healthcare hedge fund out there right now is one of the largest shareholders in this biotech stock. The fund returned more than 20% in each of the last 2 years with a virtually fully hedged portfolio, and it's sending out a BUY signal on this biotech stock. Get your FREE REPORT today (retail value of $300)

This is a FREE report from Insider Monkey. Credit Card is NOT required.
Click here to Read Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 74 percentage points in 2.5 years. Our beta is only 1.2 (download a FREE newsletter and see the details inside)

Lists

Best Selling Magazines in the World

Shortest People in History

The Most Celebrated Holidays in the World

Most Expensive Handbag Brands in the World

Top Selling Comic Book Issues of this Century

The Most Powerful Women in Politics

Best Paid DJs

Most Rebellious Female Artists

Best Paid TV Actresses of 2014

Best Paid Actors of 2014

Most Expensive Horses in the World

Tallest People Ever

Most Encouraging Feminist Celebrities

Best Paid Supermodels of 2014

Top 10 Suburbs for Retirement in 2015

10 Wealthiest Cities in America

Top 10 TED Talks for Entrepreneurs

Best TED Talks on Education

25 Most Dangerous Places to Live in America

Top 10 Ski Resorts in the United States – 2014 List

Top 10 Most Remote Places in the World

Most Visited Museums in the United States

Wealthiest Photographers in the World

Most Famous Gay Athletes

The World’s Most Famous Circuses

Best Hair Stylists

Most Popular NASCAR Drivers

The Best Romance Movies of all Time

The Most Wanted Drug Lords

The Oldest Money Managers

The Greatest Directors in the World

Largest Animals in the World

World’s Most Expensive Desserts

Best Selling Comic Books of All Time

A-list Actors who Sabotaged Their Career

Rappers With a College Degree

The Best Jazz Albums of all Time

The Most Influential Jazz Musicians

The World’s Most Famous Photographers

The Best Oscar-Winning Songs

Most Influential Choreographers Ever

Most Expensive Department Stores in the World

The Most Expensive Stolen Paintings in the World

The World’s Most Expensive Teas

Top Oscar Record Holders

The Most Expensive Flowers in the World

Countries With a Booming Film Industry

Most Expensive Cupcakes in the World

Uncommon European Escapes

The Most Stolen Artists in History

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 129% in 2.5 years!! Wondering How?

Download a complete edition of our newsletter for free!