Wasatch Advisors LP Reduces Stake in Vita Coco Co Inc to 3.9%

Wasatch Advisors LP filed a Schedule 13G/A on July 17, 2026, disclosing a significant reduction in its stake in The Vita Coco Company, Inc. (COCO). As of the event date of June 30, 2026, the investment adviser reported beneficial ownership of 2,255,360 shares, representing 3.9% of the company's outstanding common stock. This reflects a substantial decrease from its previous position of 3,675,489 shares, which accounted for a 6.4% ownership stake. The filing indicates that Wasatch Advisors LP holds sole dispositive power over all 2,255,360 shares but maintains sole voting power over only 1,542,909 shares. Notably, by falling below the 5% ownership threshold, the filer has signaled a shift in its investment position. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing was signed by Mike Yeates, CEO of Wasatch Advisors LP.