British American Tobacco
BTI
577 hedge funds and large institutions have $10.7B invested in British American Tobacco in 2018 Q1 according to their latest regulatory filings, with 58 funds opening new positions, 173 increasing their positions, 241 reducing their positions, and 83 closing their positions.
72% more call options, than puts
Call options by funds: $28.6M | Put options by funds: $16.6M
0.13% less ownership
Funds ownership: 8.24% → 8.1% (-0.13%)
5% less funds holding
Funds holding: 607 → 577 (-30)
15% less capital invested
Capital invested by funds: $12.6B → $10.7B (-$1.93B)
28% less repeat investments, than reductions
Existing positions increased: 173 | Existing positions reduced: 241
30% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 83
31% less funds holding in top 10
Funds holding in top 10: 13 → 9 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$167M |
| 2 |
BlackRock
New York
|
+$93.8M |
| 3 |
HCM
Hamlin Capital Management
New York
|
+$59.1M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$50.5M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$36.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$154M |
| 2 |
Bank of New York Mellon
New York
|
-$69.1M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$55.5M |
| 4 |
Millennium Management
New York
|
-$51.6M |
| 5 |
SCM
Suvretta Capital Management
New York
|
-$47.4M |
BTI Hedge Fund Activity: Q1 2018 in Review
577 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q1 2018, worth a combined $10.7B — down 15% from $12.6B a quarter earlier.
Sellers outnumbered buyers: 83 funds closed out of BTI and 58 opened new positions — a net loss of 25 holders — while 241 trimmed existing stakes and 173 added.
The largest buyer was Fidelity Investments, adding an estimated $167M. The largest seller was Goldman Sachs, cutting an estimated $154M.
- 577 institutional investors held British American Tobacco (BTI) as of Q1 2018, down from 607 in Q4 2017.
- Funds reported $10.7B of British American Tobacco stock for Q1 2018, down 15% quarter-over-quarter.
- 58 funds opened new British American Tobacco positions in Q1 2018 and 83 closed out, a net change of -25 holders.
- The largest British American Tobacco buyer in Q1 2018 was Fidelity Investments, an estimated $167M added.
- The largest British American Tobacco seller in Q1 2018 was Goldman Sachs, an estimated $154M sold.
Based on aggregated 13F filings for Q1 2018.