British American Tobacco
BTI
425 hedge funds and large institutions have $4.41B invested in British American Tobacco in 2020 Q3 according to their latest regulatory filings, with 56 funds opening new positions, 182 increasing their positions, 112 reducing their positions, and 48 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
63% more repeat investments, than reductions
Existing positions increased: 182 | Existing positions reduced: 112
17% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 48
0% more funds holding
Funds holding: 423 → 425 (+2)
0.21% less ownership
Funds ownership: 5.54% → 5.33% (-0.21%)
10% less capital invested
Capital invested by funds: $4.91B → $4.41B (-$496M)
36% less call options, than puts
Call options by funds: $22.6M | Put options by funds: $35.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
+$86.8M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$60.3M |
| 3 |
Jane Street
New York
|
+$20.1M |
| 4 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$19.2M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$15.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
-$297M |
| 2 |
MC
Maverick Capital
Dallas,
Texas
|
-$66M |
| 3 |
Renaissance Technologies
New York
|
-$33.9M |
| 4 |
Millennium Management
New York
|
-$25.5M |
| 5 |
State Street
Boston,
Massachusetts
|
-$22.5M |
BTI Hedge Fund Activity: Q3 2020 in Review
425 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2020, worth a combined $4.41B — down 10% from $4.91B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new BTI positions and 48 closed out — a net gain of 8 holders — while 182 added to existing stakes and 112 trimmed.
The largest buyer was Capital International Investors, adding an estimated $86.8M. The largest seller was Capital Research Global Investors, cutting an estimated $297M.
- 425 institutional investors held British American Tobacco (BTI) as of Q3 2020, up from 423 in Q2 2020.
- Funds reported $4.41B of British American Tobacco stock for Q3 2020, down 10% quarter-over-quarter.
- 56 funds opened new British American Tobacco positions in Q3 2020 and 48 closed out, a net change of +8 holders.
- The largest British American Tobacco buyer in Q3 2020 was Capital International Investors, an estimated $86.8M added.
- The largest British American Tobacco seller in Q3 2020 was Capital Research Global Investors, an estimated $297M sold.
Based on aggregated 13F filings for Q3 2020.