Herndon Capital Management’s British American Tobacco BTI Stock Holding History

Herndon Capital Management’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
2014 Q3	–	Sell	-3,530	Closed	-$210K	–	165
2014 Q2	$210K	Buy	+3,530	New	+$207K	﹤0.01%	155
2013 Q4	–	Sell	-5,082	Closed	-$267K	–	175
2013 Q3	$267K	Sell	5,082 -538	-10%	-$28.5K	﹤0.01%	163
2013 Q2	$289K	Buy	+5,620	New	+$309K	﹤0.01%	157

Other funds holding BTI

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

UBS Zurich, Switzerland $136B AUM 16.36% 1-Year Est. Return

WHV Investments San Francisco, California $187M AUM 14.29% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

SCCM

Schafer Cullen Capital Management New York $491M AUM 41.48% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

MAA

Managed Account Advisors Jersey City, New Jersey $121B AUM 7.32% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Herndon Capital Management's BTI Position: Q3 2014 in Review

Herndon Capital Management sold out of British American Tobacco (BTI) in Q3 2014, closing a stake of 3,530 shares — an estimated $210K sold.

Herndon Capital Management first reported a position in BTI in Q2 2013 and held it in 3 quarters. The position peaked at $289K in Q2 2013. 241 funds tracked by Wall St. Rank hold BTI as of Q3 2014.

Herndon Capital Management reported no remaining British American Tobacco position as of Q3 2014 after selling out during the quarter.
Herndon Capital Management sold 3,530 British American Tobacco shares in Q3 2014, an estimated $210K.
Herndon Capital Management first reported a position in British American Tobacco in Q2 2013 and held it in 3 quarters.
Herndon Capital Management's British American Tobacco position peaked at $289K in Q2 2013.
241 funds tracked by Wall St. Rank held British American Tobacco as of Q3 2014.

Based on Herndon Capital Management's 13F filing for Q3 2014, filed 13 Nov 2014.