British American Tobacco
BTI
518 hedge funds and large institutions have $7.45B invested in British American Tobacco in 2018 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 155 increasing their positions, 195 reducing their positions, and 65 closing their positions.
2% more first-time investments, than exits
New positions opened: 66 | Existing positions closed: 65
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
0.29% less ownership
Funds ownership: 7.23% → 6.94% (-0.29%)
0% less funds holding
Funds holding: 520 → 518 (-2)
10% less capital invested
Capital invested by funds: $8.27B → $7.45B (-$819M)
18% less call options, than puts
Call options by funds: $16.4M | Put options by funds: $20M
21% less repeat investments, than reductions
Existing positions increased: 155 | Existing positions reduced: 195
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Dimensional Fund Advisors
Austin,
Texas
|
+$21.9M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$21.9M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$17.3M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.7M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Thornburg Investment Management
Santa Fe,
New Mexico
|
-$120M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
-$61.4M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$52M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$45.7M |
| 5 |
Bank of New York Mellon
New York
|
-$35.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NCM
576
Nelson Capital Management
Menlo Park,
California
| – | -$2K | -46 | Closed |
|
|
IAS
577
INR Advisory Services
Media,
Pennsylvania
| – | -$1K | -26 | Closed |
|
578
Capital International Investors
Los Angeles,
California
| – | +$102 | +2 | +40% |
|
BTI Hedge Fund Activity: Q3 2018 in Review
518 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2018, worth a combined $7.45B — down 9.9% from $8.27B a quarter earlier.
Buyers outnumbered sellers: 66 funds opened new BTI positions and 65 closed out — a net gain of 1 holder — while 155 added to existing stakes and 195 trimmed.
The largest buyer was Dimensional Fund Advisors, adding an estimated $21.9M. The largest seller was Thornburg Investment Management, cutting an estimated $120M.
- 518 institutional investors held British American Tobacco (BTI) as of Q3 2018, down from 520 in Q2 2018.
- Funds reported $7.45B of British American Tobacco stock for Q3 2018, down 9.9% quarter-over-quarter.
- 66 funds opened new British American Tobacco positions in Q3 2018 and 65 closed out, a net change of +1 holder.
- The largest British American Tobacco buyer in Q3 2018 was Dimensional Fund Advisors, an estimated $21.9M added.
- The largest British American Tobacco seller in Q3 2018 was Thornburg Investment Management, an estimated $120M sold.
Based on aggregated 13F filings for Q3 2018.