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British American Tobacco

441 hedge funds and large institutions have $4.16B invested in British American Tobacco in 2019 Q2 according to their latest regulatory filings, with 47 funds opening new positions, 165 increasing their positions, 145 reducing their positions, and 85 closing their positions.

New
Increased
Maintained
Reduced
Closed

14% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 145

0.47% less ownership

Funds ownership: 5.67%5.21% (-0.47%)

9% less funds holding

Funds holding: 485441 (-44)

20% less call options, than puts

Call options by funds: $27M | Put options by funds: $34M

23% less capital invested

Capital invested by funds: $5.44B → $4.16B (-$1.27B)

45% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 85

83% less funds holding in top 10

Funds holding in top 10: 61 (-5)

Holders
441
Holders Change
-44
Holders Change %
-9.07%
% of All Funds
9.58%
Holding in Top 10
1
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-83.33%
% of All Funds
0.02%
New
47
Increased
165
Reduced
145
Closed
85
Calls
$27M
Puts
$34M
Net Calls
-$6.92M
Net Calls Change
+$3.02M
Name Holding Trade Value Shares
Change
Change in
Stake
AG
26
Aperio Group
California
$37M -$6.67M -176,062 -14%
First Trust Advisors
27
First Trust Advisors
Illinois
$36.7M +$8.69M +229,297 +28%
Boston Partners
28
Boston Partners
Massachusetts
$36.1M +$8.97M +236,838 +30%
Capital World Investors
29
Capital World Investors
California
$34.5M -$217K -5,717 -0.6%
CCM
30
Causeway Capital Management
California
$34.1M +$1.14M +30,116 +3%
UBS Group
31
UBS Group
Switzerland
$33.8M -$751K -19,822 -2%
Goldman Sachs
32
Goldman Sachs
New York
$33.6M -$11.1M -292,772 -23%
SCCM
33
Schafer Cullen Capital Management
New York
$32.4M +$3.5M +92,425 +12%
Envestnet Asset Management
34
Envestnet Asset Management
Illinois
$30.3M +$1.86M +49,063 +6%
Grantham, Mayo, Van Otterloo & Co (GMO)
35
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$28.5M +$24.3M +640,800 +365%
MNG
36
Manning & Napier Group
New York
$21.8M +$1.81M +47,830 +8%
CS
37
Credit Suisse
Switzerland
$19.1M +$19.1M +503,821 +1,117%
Natixis Advisors
38
Natixis Advisors
Massachusetts
$17M -$1.5M -39,583 -7%
Verition Fund Management
39
Verition Fund Management
Connecticut
$15.7M -$12.3M -323,405 -42%
Ameriprise
40
Ameriprise
Minnesota
$14.7M -$561K -14,819 -3%
CA
41
Commerzbank Aktiengesellschaft
Germany
$14.6M +$114 +3 +0%
WIM
42
Waverton Investment Management
United Kingdom
$13.7M -$528K -13,936 -3%
Renaissance Technologies
43
Renaissance Technologies
New York
$13.4M +$7.43M +196,100 +104%
USAA
44
United Services Automobile Association
Texas
$12.9M +$144K +3,808 +1%
LPL Financial
45
LPL Financial
California
$12.8M +$615K +16,222 +5%
Citadel Advisors
46
Citadel Advisors
Florida
$11.6M -$10.7M -282,582 -46%
SB
47
Suntrust Banks
Georgia
$10.7M -$115K -3,040 -1%
Janus Henderson Group
48
Janus Henderson Group
United Kingdom
$10.6M
Legal & General Group
49
Legal & General Group
United Kingdom
$10.5M -$1.08M -28,405 -9%
Stifel Financial
50
Stifel Financial
Missouri
$9.74M +$2.49M +65,680 +31%

BTI Hedge Fund Activity: Q2 2019 in Review

441 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q2 2019, worth a combined $4.16B — down 23% from $5.44B a quarter earlier.

Sellers outnumbered buyers: 85 funds closed out of BTI and 47 opened new positions — a net loss of 38 holders — while 145 trimmed existing stakes and 165 added.

The largest buyer was Orbis Allan Gray, adding an estimated $134M. The largest seller was Fidelity Investments, cutting an estimated $337M.

  • 441 institutional investors held British American Tobacco (BTI) as of Q2 2019, down from 485 in Q1 2019.
  • Funds reported $4.16B of British American Tobacco stock for Q2 2019, down 23% quarter-over-quarter.
  • 47 funds opened new British American Tobacco positions in Q2 2019 and 85 closed out, a net change of -38 holders.
  • The largest British American Tobacco buyer in Q2 2019 was Orbis Allan Gray, an estimated $134M added.
  • The largest British American Tobacco seller in Q2 2019 was Fidelity Investments, an estimated $337M sold.

Based on aggregated 13F filings for Q2 2019.