Is Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (KOF) A Good Stock To Buy?

Legendary investors such as Leon Cooperman and Seth Klarman earn enormous amounts of money for themselves and their investors by doing in-depth research on small-cap stocks that big brokerage houses don’t publish. Small cap stocks -especially when they are screened well- can generate substantial outperformance versus a boring index fund. That’s why we analyze the activity of those elite funds in these small-cap stocks. In the following paragraphs, we analyze Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) from the perspective of those elite funds.

Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF) shareholders have witnessed an increase in activity from the world’s largest hedge funds lately. At the end of this article we will also compare KOF to other stocks including Hess Corp. (NYSE:HES), Mead Johnson Nutrition CO (NYSE:MJN), and Tenaris S.A. (ADR) (NYSE:TS) to get a better sense of its popularity.

Keeping this in mind, we’re going to take a gander at the fresh action encompassing Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF).

How have hedgies been trading Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF)?

At Q3’s end, a total of 11 of the hedge funds tracked by Insider Monkey were bullish in this stock, a change of 38% from the previous quarter. With the smart money’s capital changing hands, there exists a few notable hedge fund managers who were increasing their holdings substantially (or already accumulated large positions).

According to Insider Monkey’s hedge fund database, Bill & Melinda Gates Foundation Trust, managed by Michael Larson, holds the biggest position in Coca-Cola FEMSA, S.A.B. de C.V. (ADR) (NYSE:KOF). Bill & Melinda Gates Foundation Trust has a $431.2 million position in the stock, comprising 2.5% of its 13F portfolio. Sitting at the No. 2 spot is Jim Simons of Renaissance Technologies, with a $45.7 million position; the fund has 0.1% of its 13F portfolio invested in the stock. Some other peers that are bullish comprise Cliff Asness’s AQR Capital Management, Matthew Hulsizer’s PEAK6 Capital Management and Joel Greenblatt’s Gotham Asset Management.