Monster Beverage Corporation

The full register, from 13F filings

The Register tab above is hand research: a dozen holders, each traced to the filing it came from. This asks the same question of the whole market for the quarter ended 31-mar-2026, where 1,212 managers reported a position. Broad where the research is deep, and shallow in the ways a 13F always is.

Built from 13F filings, which report US listed, long, US custodied positions only. A register from this source is a floor rather than a level: a holder's true position can be far larger, as BlackRock's ASML stake shows at 1.28m shares in a 13F against 26.3m in its 13G/A. Holdings held through derivatives, outside US custody, or below a manager's reporting obligation do not appear. Where a holder is marked as a family, its total sums several separate filing entities and describes something no single filing describes; the constituent entities and their share counts are listed so the total can be checked. That roll-up can legitimately exceed the family's own Schedule 13G, because a 13G is filed by one legal entity: Vanguard reports Alphabet through ten advisory entities, and The Vanguard Group Inc itself reported zero after its January 2026 disaggregation.

What a reader needs to know to read these numbers

• STOCK SPLIT, restated to one basis. Monster's Board declared a 2-for-1 stock split effected as a 100% stock dividend distributed after close of trading 10 Aug 2026, with split-adjusted trading beginning 11 Aug 2026 (Q2 2026 10-Q, Note 18, Subsequent Event). Today's research date, 18 Aug 2026, is after that split. All register share counts sourced from filings dated before 10 Aug 2026 (every 13F for the quarter ended 30 Jun 2026, and the DEF 14A's 17 Mar 2026 beneficial ownership table) are PRE-split and have been doubled in this file so every row sits on the same post-split basis as company.shares_outstanding. Percentages are unchanged by this doubling (a split moves numerator and denominator together) and generally match each source's own stated percentage. The as-filed pre-split share counts are preserved in each row's method_note. Note this is Monster's second split in recent years: the Coca-Cola 13D/A separately states its 204,243,204 figure already reflects an EARLIER 2-for-1 split effected 27 Mar 2023, so that count needed only the single Aug 2026 doubling applied here, not two.
• CORROBORATION WITH coca-cola.json: this file's Coca-Cola row, sourced independently from Coca-Cola's own Schedule 13D/A (Amendment No. 2, filed 28 Jan 2025) and repeated in Monster's own 27 Mar 2026 DEF 14A, gives a share count of 204,243,204 pre-split (408,486,408 post-split), which is 20.85% of Monster's 1,959,051,764 post-split shares outstanding. coca-cola.json separately records, from Coca-Cola's FY2025 10-K equity-method-investee note, that Coca-Cola holds 21.0% of Monster with a fair value of $15,659,000,000 and carrying value of $5,593,000,000 as of 31 Dec 2025, and that its shares field is null because the 10-K never states a share count. These two numbers were derived from completely different filings (a Monster-side 13D/A and proxy versus a Coca-Cola-side 10-K) and neither is copied from the other, yet they agree closely: 20.85% here versus 21.0% there, a gap of about 0.15 percentage points. The most likely explanation is the date difference the two files carry: Coca-Cola's 21.0% is measured against Monster's 31 Dec 2025 share count, while this file's 20.85% is measured against Monster's 31 Jul 2026 pre-split share count (979,525,882, versus 978,113,000 issued at 31 Dec 2025 per the 10-Q balance sheet); Coca-Cola's own share count has been static at 204,243,204 since at least Aug 2024 per its own 13D/A text, so as Monster's share count grows modestly from option exercises and vesting, Coca-Cola's percentage of the company mechanically drifts down even with no change in its holding. This is treated as a genuine, explained reconciliation rather than a discrepancy to fix.
• Coca-Cola is classified 'strategic', not 'active' or 'index', because the stake originates from Coca-Cola's 2015 investment agreement and functions as a long-standing commercial and distribution relationship: Monster's 10-K states 'TCCC has a substantial equity investment in the Company' and describes TCCC and its bottler network as Monster's primary global distribution partner, with Monster now dependent on TCCC's domestic and international distribution platforms. This is a strategic industrial partnership sized like a passive financial stake, not a portfolio position taken by an asset manager.
• Founder-linked insiders. Rodney C. Sacks (Chairman) and Hilton H. Schlosberg (Vice Chairman) co-founded the modern Monster Beverage business and have led the company for decades; both are general partners of the SAME two family investment vehicles, Brandon Limited Partnership No. 1 (11,291,136 pre-split shares) and Brandon Limited Partnership No. 2 (58,773,888 pre-split shares). Because both partnerships are attributed in full to EACH man's individual beneficial-ownership row in the proxy, summing Sacks's and Schlosberg's disclosed totals would double-count the Brandon LP shares. Unlike the Walmart case the brief warns about, where founder vehicles sit OUTSIDE the officers-and-directors group entirely, here the Brandon LPs sit INSIDE the group (the proxy's own 14-member group total of 79,753,759 pre-split shares is already netted for this overlap). Following the brief's Marriott precedent (a stake inside two containers gets reduced on one row, noted in method_note), the Brandon LP shares are kept at full value on Sacks's row and subtracted from Schlosberg's row; the self-gate below produces exactly the proxy's own 79,753,759 pre-split group total when the container is reduced by both members, confirming the treatment is internally consistent.
• Holdings side is empty by design, a sourced finding rather than a gap. Monster's FY2025 10-K (filed 27 Feb 2026) and Q2 2026 10-Q (filed 7 Aug 2026) were both searched for 'equity method', 'unconsolidated', 'joint venture', 'investment in', 'non-marketable equity', 'equity securities', 'affiliate', 'cost method', 'minority interest' and 'noncontrolling'. The only 'equity method' hits in either filing describe TCCC's OWN bottlers and distributors being accounted for under the equity method BY TCCC, i.e. Coca-Cola's accounting for its distribution network, not any equity-method investment held BY Monster. No joint venture, unconsolidated entity, non-marketable equity security or noncontrolling interest naming an investee was found in either filing. Monster does not appear to hold a strategic equity stake in any other company.
• Monster has a single class of common stock ($0.005 par value, one vote per share, 'being the only class of common stock of the registrant' per the 10-K cover page); there is no dual-class structure.
• 5%-holder table read in full. Monster's 27 Mar 2026 DEF 14A beneficial ownership table lists exactly these 5%+ holders: The Coca-Cola Company (20.9%), The Vanguard Group (6.5%, sourced to a stale Feb 2024 13G/A), BlackRock, Inc. (5.2%, sourced to a stale Nov 2024 13G/A), Brandon Limited Partnership No. 1 (1.2%) and No. 2 (6.0%), and individually Rodney Sacks (7.5%) and Hilton Schlosberg (7.7%). No other institutional holder (no Dodge & Cox, Berkshire, Wellington or similar concentrated position) appears in the 5% table; Berkshire Hathaway's Q2 2026 13F-HR was checked directly and holds zero MNST shares. The register above supersedes the proxy's stale Vanguard and BlackRock 13G/A figures with each manager's current 30 Jun 2026 Form 13F-HR data, consistent with the approach used elsewhere in this project (see ameriprise.json).
• Self-gate, computed exactly as the chart computes it (members counted at full value, the aggregate container reduced only by its own members' sum, everything else added in full): 15 register rows, summing to 1,093,062,510 shares against 1,959,051,764 shares outstanding, or 55.80%. This sits above the brief's general 25 to 45 percent expectation but is explicitly anticipated for a company with a 20-plus percent strategic holder: excluding Coca-Cola's 408,486,408 shares (20.85 points), the remaining rows sum to 684,576,102 shares (34.95%), squarely inside the normal range. The founder/insider block (Sacks, Schlosberg reduced, and the group's residual) contributes a further 159,507,518 shares (8.14%).