British American Tobacco
BTI
304 hedge funds and large institutions have $3.82B invested in British American Tobacco in 2016 Q4 according to their latest regulatory filings, with 48 funds opening new positions, 107 increasing their positions, 93 reducing their positions, and 31 closing their positions.
414% more call options, than puts
Call options by funds: $40.9M | Put options by funds: $7.96M
55% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 31
15% more repeat investments, than reductions
Existing positions increased: 107 | Existing positions reduced: 93
8% more capital invested
Capital invested by funds: $3.55B → $3.82B (+$273M)
4% more funds holding
Funds holding: 291 → 304 (+13)
0.65% more ownership
Funds ownership: 2.99% → 3.64% (+0.65%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$285M |
| 2 |
Goldman Sachs
New York
|
+$201M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$105M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$76.2M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$31.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$200M |
| 2 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
-$15.8M |
| 3 |
SCCM
Schafer Cullen Capital Management
New York
|
-$10.4M |
| 4 |
Morgan Stanley
New York
|
-$10.3M |
| 5 |
Lazard Asset Management
New York
|
-$8.31M |
BTI Hedge Fund Activity: Q4 2016 in Review
304 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q4 2016, worth a combined $3.82B — up 7.7% from $3.55B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new BTI positions and 31 closed out — a net gain of 17 holders — while 107 added to existing stakes and 93 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $285M. The largest seller was Arrowstreet Capital, exiting entirely with an estimated $200M sold.
- 304 institutional investors held British American Tobacco (BTI) as of Q4 2016, up from 291 in Q3 2016.
- Funds reported $3.82B of British American Tobacco stock for Q4 2016, up 7.7% quarter-over-quarter.
- 48 funds opened new British American Tobacco positions in Q4 2016 and 31 closed out, a net change of +17 holders.
- The largest British American Tobacco buyer in Q4 2016 was Fidelity Investments, an estimated $285M added.
- The largest British American Tobacco seller in Q4 2016 was Arrowstreet Capital, an estimated $200M sold.
Based on aggregated 13F filings for Q4 2016.