Warren Buffett’s Top 5 Stock Picks

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

Number of Hedge Fund Holders: 70

Berkshire Hathaway owns 400 million shares of Coca-Cola as of the end of the fourth quarter of 2021. These shares had a worth of $23.7 billion. Cocoa Cola is a dividend aristocrat, having increased its dividend consistently for the last 50 years. That’s why hedge funds love it. The stock also features on our list of the best dividend stock picks of billionaire Paul Tudor Jones.

Our data of 924 hedge funds show that hedge funds started loading up on Coca-Cola as inflationary pressures increased. 70 funds in our database had stakes in the company at the end of the fourth quarter, compared to 61 funds a quarter earlier.