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 Q1	$2.92M	Sell	50,000 -60,000	-55%	-$3.55M	0.2%	136
2025 Q4	$6.23M	Sell	110,000 -160,000	-59%	-$8.73M	0.5%	58
2025 Q3	$14.3M	Sell	270,000 -120,000	-31%	-$6.51M	1.16%	15
2025 Q2	$18.5M	Buy	+390,000	New	+$17.3M	2.55%	2

Other funds holding BTI

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

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

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

GQG Partners Ft. Lauderdale, Florida $63.1B AUM 23.07% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $23.7B AUM 65.43% 1-Year Est. Return

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

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

K2 Principal Fund's BTI Position: Q1 2026 in Review

K2 Principal Fund reduced its British American Tobacco (BTI) stake by 62% in Q1 2026, selling an estimated $5.69M and leaving 59,626 shares worth $3.49M. The position accounts for 0.24% of the portfolio, ranked #118.

K2 Principal Fund first reported a position in BTI in Q3 2017 and has held it in 5 quarters since. The position peaked at $8.82M in Q4 2025. 866 funds tracked by Wall St. Rank hold BTI as of Q1 2026.

K2 Principal Fund held 59,626 shares of British American Tobacco worth $3.49M as of Q1 2026.
K2 Principal Fund sold 96,109 British American Tobacco shares in Q1 2026, an estimated $5.69M.
British American Tobacco made up 0.24% of K2 Principal Fund's portfolio in Q1 2026, its #118 holding.
K2 Principal Fund first reported a position in British American Tobacco in Q3 2017 and has held it in 5 quarters since.
K2 Principal Fund's British American Tobacco position peaked at $8.82M in Q4 2025.
866 funds tracked by Wall St. Rank held British American Tobacco as of Q1 2026.

Based on K2 Principal Fund's 13F filing for Q1 2026, filed 14 May 2026.