GQG Partners’s British American Tobacco BTI Stock Holding History

GQG Partners’s Portfolio BTI Stock Details BTI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q2	$1.52B	Sell	24,566,708 -3,116,626	-11%	-$188M	2.82%	10
2026 Q1	$1.62B	Sell	27,683,334 -379,413	-1%	-$22.5M	2.57%	12
2025 Q4	$1.59B	Sell	28,062,747 -492,122	-2%	-$26.9M	2.62%	14
2025 Q3	$1.52B	Buy	28,554,869 +4,873,026	+21%	+$265M	2.33%	13
2025 Q2	$1.12B	Buy	23,681,843 +14,083,378	+147%	+$624M	1.59%	25
2025 Q1	$397M	Buy	9,598,465 +3,590,916	+60%	+$141M	0.63%	38
2024 Q4	$218M	Sell	6,007,549 -7,697,013	-56%	-$278M	0.32%	47
2024 Q3	$501M	Buy	+13,704,562	New	+$490M	0.79%	35
2023 Q3	–	Sell	-149,507	Closed	-$4.96M	–	76
2023 Q2	$4.96M	Sell	149,507 -24,972,213	-99%	-$854M	0.01%	52
2023 Q1	$882M	Sell	25,121,720 -9,545,939	-28%	-$360M	2.31%	18
2022 Q4	$1.39B	Buy	34,667,659 +1,415,868	+4%	+$55.6M	3.75%	10
2022 Q3	$1.18B	Sell	33,251,791 -877,400	-3%	-$35.2M	3.41%	10
2022 Q2	$1.46B	Buy	34,129,191 +5,093,321	+18%	+$219M	3.59%	9
2022 Q1	$1.22B	Buy	29,035,870 +13,859,376	+91%	+$591M	2.84%	11
2021 Q4	$568M	Buy	+15,176,494	New	+$539M	1.41%	26
2018 Q1	–	Sell	-3,006	Closed	-$201K	–	54
2017 Q4	$201K	Buy	+3,006	New	+$196K	0.01%	53

Other funds holding BTI

Capital International Investors Los Angeles, California $484B AUM 34.9% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $717B AUM 35.42% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Capital World Investors Los Angeles, California $846B AUM 46.74% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

GQG Partners's BTI Position: Q2 2026 in Review

GQG Partners reduced its British American Tobacco (BTI) stake by 11% in Q2 2026, selling an estimated $188M and leaving 24,566,708 shares worth $1.52B. The position accounts for 2.82% of the portfolio, ranked #10.

GQG Partners first reported a position in BTI in Q4 2017 and has held it in 16 quarters since. The position peaked at $1.62B in Q1 2026. 904 funds tracked by Wall St. Rank hold BTI as of Q2 2026.

GQG Partners held 24,566,708 shares of British American Tobacco worth $1.52B as of Q2 2026.
GQG Partners sold 3,116,626 British American Tobacco shares in Q2 2026, an estimated $188M.
British American Tobacco made up 2.82% of GQG Partners's portfolio in Q2 2026, its #10 holding.
GQG Partners first reported a position in British American Tobacco in Q4 2017 and has held it in 16 quarters since.
GQG Partners's British American Tobacco position peaked at $1.62B in Q1 2026.
904 funds tracked by Wall St. Rank held British American Tobacco as of Q2 2026.

Based on GQG Partners's 13F filing for Q2 2026, filed 12 Aug 2026.