British American Tobacco
BTI
413 hedge funds and large institutions have $4.07B invested in British American Tobacco in 2020 Q1 according to their latest regulatory filings, with 57 funds opening new positions, 153 increasing their positions, 122 reducing their positions, and 93 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 122
20% more call options, than puts
Call options by funds: $20.9M | Put options by funds: $17.4M
0.2% more ownership
Funds ownership: 4.99% → 5.19% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
9% less funds holding
Funds holding: 455 → 413 (-42)
16% less capital invested
Capital invested by funds: $4.86B → $4.07B (-$787M)
39% less first-time investments, than exits
New positions opened: 57 | Existing positions closed: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$170M |
| 2 |
Capital International Investors
Los Angeles,
California
|
+$82.5M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$51.5M |
| 4 |
Renaissance Technologies
New York
|
+$45.9M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$38.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$181M |
| 2 |
JP Morgan Chase
New York
|
-$118M |
| 3 |
Jane Street
New York
|
-$38.5M |
| 4 |
MC
Maverick Capital
Dallas,
Texas
|
-$27.1M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$22.3M |
BTI Hedge Fund Activity: Q1 2020 in Review
413 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q1 2020, worth a combined $4.07B — down 16% from $4.86B a quarter earlier.
Sellers outnumbered buyers: 93 funds closed out of BTI and 57 opened new positions — a net loss of 36 holders — while 122 trimmed existing stakes and 153 added.
The largest buyer was Orbis Allan Gray, adding an estimated $170M. The largest seller was Capital Research Global Investors, cutting an estimated $181M.
- 413 institutional investors held British American Tobacco (BTI) as of Q1 2020, down from 455 in Q4 2019.
- Funds reported $4.07B of British American Tobacco stock for Q1 2020, down 16% quarter-over-quarter.
- 57 funds opened new British American Tobacco positions in Q1 2020 and 93 closed out, a net change of -36 holders.
- The largest British American Tobacco buyer in Q1 2020 was Orbis Allan Gray, an estimated $170M added.
- The largest British American Tobacco seller in Q1 2020 was Capital Research Global Investors, an estimated $181M sold.
Based on aggregated 13F filings for Q1 2020.