British American Tobacco
BTI
483 hedge funds and large institutions have $3.8B invested in British American Tobacco in 2021 Q3 according to their latest regulatory filings, with 62 funds opening new positions, 212 increasing their positions, 120 reducing their positions, and 52 closing their positions.
77% more repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 120
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
19% more first-time investments, than exits
New positions opened: 62 | Existing positions closed: 52
1% more funds holding
Funds holding: 478 → 483 (+5)
0% more call options, than puts
Call options by funds: $83M | Put options by funds: $82.9M
0.45% less ownership
Funds ownership: 5.13% → 4.68% (-0.45%)
18% less capital invested
Capital invested by funds: $4.63B → $3.8B (-$830M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGM
Skye Global Management
West Palm Beach,
Florida
|
+$75.1M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$17.4M |
| 3 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$16.5M |
| 4 |
Capital International Investors
Los Angeles,
California
|
+$13.4M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$8.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$197M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$115M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$52.7M |
| 4 |
D.E. Shaw & Co
New York
|
-$46.4M |
| 5 |
MWNA
Marshall Wace North America
New York
|
-$41.4M |
BTI Hedge Fund Activity: Q3 2021 in Review
483 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2021, worth a combined $3.8B — down 18% from $4.63B a quarter earlier.
Buyers outnumbered sellers: 62 funds opened new BTI positions and 52 closed out — a net gain of 10 holders — while 212 added to existing stakes and 120 trimmed.
The largest buyer was Skye Global Management, opening a new position worth an estimated $75.1M. The largest seller was Fidelity Investments, cutting an estimated $197M.
- 483 institutional investors held British American Tobacco (BTI) as of Q3 2021, up from 478 in Q2 2021.
- Funds reported $3.8B of British American Tobacco stock for Q3 2021, down 18% quarter-over-quarter.
- 62 funds opened new British American Tobacco positions in Q3 2021 and 52 closed out, a net change of +10 holders.
- The largest British American Tobacco buyer in Q3 2021 was Skye Global Management, an estimated $75.1M added.
- The largest British American Tobacco seller in Q3 2021 was Fidelity Investments, an estimated $197M sold.
Based on aggregated 13F filings for Q3 2021.