British American Tobacco
BTI
444 hedge funds and large institutions have $4.3B invested in British American Tobacco in 2018 Q4 according to their latest regulatory filings, with 69 funds opening new positions, 104 increasing their positions, 202 reducing their positions, and 137 closing their positions.
1.06% less ownership
Funds ownership: 6.94% → 5.88% (-1.1%)
14% less funds holding
Funds holding: 518 → 444 (-74)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
42% less capital invested
Capital invested by funds: $7.45B → $4.3B (-$3.15B)
49% less repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 202
50% less first-time investments, than exits
New positions opened: 69 | Existing positions closed: 137
75% less call options, than puts
Call options by funds: $12.1M | Put options by funds: $49.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$56.5M |
| 2 |
Renaissance Technologies
New York
|
+$43.3M |
| 3 |
Jane Street
New York
|
+$40.1M |
| 4 |
Two Sigma Investments
New York
|
+$40M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$34.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$253M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$163M |
| 3 |
Lazard Asset Management
New York
|
-$117M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$94.5M |
| 5 |
Bank of New York Mellon
New York
|
-$84.1M |
BTI Hedge Fund Activity: Q4 2018 in Review
444 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q4 2018, worth a combined $4.3B — down 42% from $7.45B a quarter earlier.
Sellers outnumbered buyers: 137 funds closed out of BTI and 69 opened new positions — a net loss of 68 holders — while 202 trimmed existing stakes and 104 added.
The largest buyer was Deutsche Bank, adding an estimated $56.5M. The largest seller was UBS Group, cutting an estimated $253M.
- 444 institutional investors held British American Tobacco (BTI) as of Q4 2018, down from 518 in Q3 2018.
- Funds reported $4.3B of British American Tobacco stock for Q4 2018, down 42% quarter-over-quarter.
- 69 funds opened new British American Tobacco positions in Q4 2018 and 137 closed out, a net change of -68 holders.
- The largest British American Tobacco buyer in Q4 2018 was Deutsche Bank, an estimated $56.5M added.
- The largest British American Tobacco seller in Q4 2018 was UBS Group, an estimated $253M sold.
Based on aggregated 13F filings for Q4 2018.