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British American Tobacco

520 hedge funds and large institutions have $8.27B invested in British American Tobacco in 2018 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 135 increasing their positions, 225 reducing their positions, and 106 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more call options, than puts

Call options by funds: $29.4M | Put options by funds: $17M

0.87% less ownership

Funds ownership: 8.1%7.23% (-0.87%)

10% less funds holding

Funds holding: 577520 (-57)

23% less capital invested

Capital invested by funds: $10.7B → $8.27B (-$2.45B)

40% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 225

44% less funds holding in top 10

Funds holding in top 10: 95 (-4)

47% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 106

Holders
520
Holders Change
-57
Holders Change %
-9.88%
% of All Funds
11.9%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.11%
New
56
Increased
135
Reduced
225
Closed
106
Calls
$29.4M
Puts
$17M
Net Calls
+$12.4M
Net Calls Change
+$373K
Name Holding Trade Value Shares
Change
Change in
Stake
AllianceBernstein
26
AllianceBernstein
Tennessee
$65.4M -$5.21M -98,944 -7%
MC
27
Maverick Capital
Texas
$65M -$2.63M -50,010 -4%
SCCM
28
Schafer Cullen Capital Management
New York
$63.8M -$3.22M -61,103 -5%
HCM
29
Hamlin Capital Management
New York
$54.4M +$7.28M +138,180 +15%
MNG
30
Manning & Napier Group
New York
$53.3M -$2.58M -49,078 -4%
Royal Bank of Canada
31
Royal Bank of Canada
Ontario, Canada
$42.2M -$7.73M -146,754 -15%
First Manhattan
32
First Manhattan
New York
$42.1M -$2.83M -53,672 -6%
CCM
33
Causeway Capital Management
California
$38.3M +$22.3K +424 +0.1%
ClearBridge Investments
34
ClearBridge Investments
New York
$37.8M -$162K -3,082 -0.4%
USAA
35
United Services Automobile Association
Texas
$37.2M +$498K +9,457 +1%
Dimensional Fund Advisors
36
Dimensional Fund Advisors
Texas
$35.7M -$3.68M -69,819 -9%
SW
37
SVB Wealth
Massachusetts
$35.4M +$37M +702,056 New
CGT
38
Capital Guardian Trust
California
$31.8M +$10.8M +204,214 +48%
Natixis Advisors
39
Natixis Advisors
Massachusetts
$31.7M +$11.9M +225,339 +56%
AG
40
Aperio Group
California
$29M +$2.43M +46,233 +9%
APG Asset Management
41
APG Asset Management
Netherlands
$29M
TAM
42
Tocqueville Asset Management
New York
$27.8M +$3.9M +73,991 +15%
Legal & General Group
43
Legal & General Group
United Kingdom
$26.7M -$4.81M -91,387 -15%
Canada Pension Plan Investment Board
44
Canada Pension Plan Investment Board
Ontario, Canada
$26.5M -$7.38M -140,218 -21%
First Trust Advisors
45
First Trust Advisors
Illinois
$25.2M +$2.88M +54,704 +12%
Allianz Asset Management
46
Allianz Asset Management
Germany
$23.7M +$453K +8,609 +2%
CBT
47
Capital Bank & Trust
California
$22.9M +$4.01M +76,056 +20%
WIM
48
Waverton Investment Management
United Kingdom
$22.3M +$397K +7,539 +2%
CA
49
Commerzbank Aktiengesellschaft
Germany
$21.4M
Marshall Wace
50
Marshall Wace
United Kingdom
$20.6M -$5.68M -107,765 -21%

BTI Hedge Fund Activity: Q2 2018 in Review

520 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q2 2018, worth a combined $8.27B — down 23% from $10.7B a quarter earlier.

Sellers outnumbered buyers: 106 funds closed out of BTI and 56 opened new positions — a net loss of 50 holders — while 225 trimmed existing stakes and 135 added.

The largest buyer was Capital Research Global Investors, adding an estimated $232M. The largest seller was Morgan Stanley, cutting an estimated $289M.

  • 520 institutional investors held British American Tobacco (BTI) as of Q2 2018, down from 577 in Q1 2018.
  • Funds reported $8.27B of British American Tobacco stock for Q2 2018, down 23% quarter-over-quarter.
  • 56 funds opened new British American Tobacco positions in Q2 2018 and 106 closed out, a net change of -50 holders.
  • The largest British American Tobacco buyer in Q2 2018 was Capital Research Global Investors, an estimated $232M added.
  • The largest British American Tobacco seller in Q2 2018 was Morgan Stanley, an estimated $289M sold.

Based on aggregated 13F filings for Q2 2018.