In the most recent quarter, Coca-Cola reported 10% net revenue growth and $2.8 billion in net income, both upgrades over Q2. Coca-Cola has also been a top long-term holding of fellow billionaire and Berkshire Hathaway Inc. ( BRK.A, BRK.B ) CEO Warren Buffett, putting Dalio in good company. Bridgewater holds roughly 11.47 million shares of KO stock, worth about $642 million. iShares Core MSCI Emerging Markets ETF ( IEMG ) Dalio has slashed Bridgewater's stake in IEMG in the third quarter, selling 408,000 shares. That move continues the trend of Bridgewater backing away from some of its Chinese investments — a trend that had intensified in the second quarter.