British American Tobacco
BTI
535 hedge funds and large institutions have $5.16B invested in British American Tobacco in 2022 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 241 increasing their positions, 151 reducing their positions, and 85 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 241 | Existing positions reduced: 151
35% more call options, than puts
Call options by funds: $152M | Put options by funds: $113M
14% more funds holding in top 10
Funds holding in top 10: 7 → 8 (+1)
0.19% less ownership
Funds ownership: 6.68% → 6.49% (-0.19%)
7% less funds holding
Funds holding: 573 → 535 (-38)
20% less capital invested
Capital invested by funds: $6.44B → $5.16B (-$1.28B)
32% less first-time investments, than exits
New positions opened: 58 | Existing positions closed: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$45M |
| 2 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
+$30.3M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$25M |
| 4 |
Morgan Stanley
New York
|
+$22.5M |
| 5 |
Connor, Clark & Lunn Investment Management (CC&L)
Vancouver,
British Columbia, Canada
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$139M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$52.9M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$50.2M |
| 4 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$39.1M |
| 5 |
Bank of New York Mellon
New York
|
-$39M |
BTI Hedge Fund Activity: Q3 2022 in Review
535 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2022, worth a combined $5.16B — down 20% from $6.44B a quarter earlier.
Sellers outnumbered buyers: 85 funds closed out of BTI and 58 opened new positions — a net loss of 27 holders — while 151 trimmed existing stakes and 241 added.
The largest buyer was JP Morgan Chase, adding an estimated $45M. The largest seller was BlackRock, cutting an estimated $139M.
- 535 institutional investors held British American Tobacco (BTI) as of Q3 2022, down from 573 in Q2 2022.
- Funds reported $5.16B of British American Tobacco stock for Q3 2022, down 20% quarter-over-quarter.
- 58 funds opened new British American Tobacco positions in Q3 2022 and 85 closed out, a net change of -27 holders.
- The largest British American Tobacco buyer in Q3 2022 was JP Morgan Chase, an estimated $45M added.
- The largest British American Tobacco seller in Q3 2022 was BlackRock, an estimated $139M sold.
Based on aggregated 13F filings for Q3 2022.