K2 Principal Fund’s British American Tobacco BTI Stock Holding History

K2 Principal Fund’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	$2.35M	Sell	38,000 -21,626	-36%	-$1.31M	0.17%	154
2026 Q1	$3.49M	Sell	59,626 -96,109	-62%	-$5.69M	0.24%	118
2025 Q4	$8.82M	Buy	155,735 +90,379	+138%	+$4.93M	0.71%	38
2025 Q3	$3.47M	Buy	65,356 +27,156	+71%	+$1.47M	0.28%	108
2025 Q2	$1.81M	Buy	+38,200	New	+$1.69M	0.25%	115
2017 Q4	–	Sell	-20,000	Closed	-$1.25M	–	297
2017 Q3	$1.25M	Buy	+20,000	New	+$1.29M	0.08%	194

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

GQG Partners Ft. Lauderdale, Florida $53.8B AUM 19.23% 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

K2 Principal Fund's BTI Position: Q2 2026 in Review

K2 Principal Fund reduced its British American Tobacco (BTI) stake by 36% in Q2 2026, selling an estimated $1.31M and leaving 38,000 shares worth $2.35M. The position accounts for 0.17% of the portfolio, ranked #154.

K2 Principal Fund first reported a position in BTI in Q3 2017 and has held it in 6 quarters since. The position peaked at $8.82M in Q4 2025. 904 funds tracked by Wall St. Rank hold BTI as of Q2 2026.

K2 Principal Fund held 38,000 shares of British American Tobacco worth $2.35M as of Q2 2026.
K2 Principal Fund sold 21,626 British American Tobacco shares in Q2 2026, an estimated $1.31M.
British American Tobacco made up 0.17% of K2 Principal Fund's portfolio in Q2 2026, its #154 holding.
K2 Principal Fund first reported a position in British American Tobacco in Q3 2017 and has held it in 6 quarters since.
K2 Principal Fund's British American Tobacco position peaked at $8.82M in Q4 2025.
904 funds tracked by Wall St. Rank held British American Tobacco as of Q2 2026.

Based on K2 Principal Fund's 13F filing for Q2 2026, filed 7 Aug 2026.