British American Tobacco
BTI
222 hedge funds and large institutions have $3.75B invested in British American Tobacco in 2014 Q1 according to their latest regulatory filings, with 27 funds opening new positions, 89 increasing their positions, 70 reducing their positions, and 26 closing their positions.
377% more call options, than puts
Call options by funds: $8.5M | Put options by funds: $1.78M
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
27% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 70
5% more capital invested
Capital invested by funds: $3.56B → $3.75B (+$193M)
4% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 26
0.08% more ownership
Funds ownership: 3.49% → 3.57% (+0.08%)
0% more funds holding
Funds holding: 222 → 222 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$34.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$29.7M |
| 3 |
Lazard Asset Management
New York
|
+$22.6M |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$21.7M |
| 5 |
AG
Aperio Group
Sausalito,
California
|
+$15.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Scout Investments
Kansas City,
Missouri
|
-$46.1M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
-$21.7M |
| 3 |
WI
WHV Investments
San Francisco,
California
|
-$21.3M |
| 4 |
Renaissance Technologies
New York
|
-$15.1M |
| 5 |
Two Sigma Investments
New York
|
-$14.7M |
BTI Hedge Fund Activity: Q1 2014 in Review
222 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q1 2014, worth a combined $3.75B — up 5.4% from $3.56B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new BTI positions and 26 closed out — a net gain of 1 holder — while 89 added to existing stakes and 70 trimmed.
The largest buyer was Virtu KCG Holdings, adding an estimated $34.6M. The largest seller was Scout Investments, exiting entirely with an estimated $46.1M sold.
- 222 institutional investors held British American Tobacco (BTI) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $3.75B of British American Tobacco stock for Q1 2014, up 5.4% quarter-over-quarter.
- 27 funds opened new British American Tobacco positions in Q1 2014 and 26 closed out, a net change of +1 holder.
- The largest British American Tobacco buyer in Q1 2014 was Virtu KCG Holdings, an estimated $34.6M added.
- The largest British American Tobacco seller in Q1 2014 was Scout Investments, an estimated $46.1M sold.
Based on aggregated 13F filings for Q1 2014.