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British American Tobacco

223 hedge funds and large institutions have $3.51B invested in British American Tobacco in 2013 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 98 increasing their positions, 59 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

581% more call options, than puts

Call options by funds: $6.52M | Put options by funds: $957K

66% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 59

29% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 17

1% more funds holding

Funds holding: 221223 (+2)

0.14% less ownership

Funds ownership: 3.64%3.5% (-0.14%)

0% less capital invested

Capital invested by funds: $3.52B → $3.51B (-$14.1M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
223
Holders Change
+2
Holders Change %
+0.9%
% of All Funds
7.23%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
22
Increased
98
Reduced
59
Closed
17
Calls
$6.52M
Puts
$957K
Net Calls
+$5.56M
Net Calls Change
+$2.32M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.61B +$8.81M +166,610 +0.5%
WI
2
WHV Investments
California
$261M -$13.7M -258,294 -5%
U
3
UBS
Switzerland
$171M +$23.8M +450,438 +16%
Invesco
4
Invesco
Georgia
$98.6M +$6.01M +113,638 +6%
SCCM
5
Schafer Cullen Capital Management
New York
$83M +$13.4M +252,840 +19%
Bank of America
6
Bank of America
North Carolina
$80.7M +$7.29M +137,764 +10%
Wells Fargo
7
Wells Fargo
California
$72M +$690K +13,038 +1%
Lazard Asset Management
8
Lazard Asset Management
New York
$70.4M +$880K +16,628 +1%
Thrivent Financial for Lutherans
9
Thrivent Financial for Lutherans
Minnesota
$68.2M +$4.42M +83,600 +7%
Fisher Asset Management
10
Fisher Asset Management
Washington
$64.2M -$298M -5,630,606 -82%
MAA
11
Managed Account Advisors
New Jersey
$56.1M +$2.55M +48,194 +5%
JP Morgan Chase
12
JP Morgan Chase
New York
$54.4M +$7.36M +139,106 +16%
SI
13
Scout Investments
Missouri
$45.1M -$4.23K -80 -0%
Citigroup
14
Citigroup
New York
$44.7M +$43.6M +823,806 +3,106%
Northern Trust
15
Northern Trust
Illinois
$44.1M +$4.62M +87,414 +12%
CS
16
Credit Suisse
Switzerland
$42M +$12M +226,908 +40%
Morgan Stanley
17
Morgan Stanley
New York
$35M +$89K +1,682 +0.3%
Arrowstreet Capital
18
Arrowstreet Capital
Massachusetts
$32.5M -$13.6M -256,846 -29%
PPA
19
Parametric Portfolio Associates
Washington
$28.1M +$1.42M +26,906 +5%
Bank of New York Mellon
20
Bank of New York Mellon
New York
$24.8M -$1.69M -31,944 -6%
BIM
21
BlackRock Investment Management
Delaware
$21.7M +$5.24M +98,980 +31%
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$19.3M +$1.39M +26,284 +8%
JCM
23
Janney Capital Management
Pennsylvania
$19.3M +$1.44M +27,130 +8%
Two Sigma Investments
24
Two Sigma Investments
New York
$16.6M +$1.66M +31,398 +11%
AG
25
Aperio Group
California
$14.4M +$1.83M +34,536 +14%

BTI Hedge Fund Activity: Q3 2013 in Review

223 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2013, worth a combined $3.51B — down 0.4% from $3.52B a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new BTI positions and 17 closed out — a net gain of 5 holders — while 98 added to existing stakes and 59 trimmed.

The largest buyer was Citigroup, adding an estimated $43.6M. The largest seller was Fisher Asset Management, cutting an estimated $298M.

  • 223 institutional investors held British American Tobacco (BTI) as of Q3 2013, up from 221 in Q2 2013.
  • Funds reported $3.51B of British American Tobacco stock for Q3 2013, down 0.4% quarter-over-quarter.
  • 22 funds opened new British American Tobacco positions in Q3 2013 and 17 closed out, a net change of +5 holders.
  • The largest British American Tobacco buyer in Q3 2013 was Citigroup, an estimated $43.6M added.
  • The largest British American Tobacco seller in Q3 2013 was Fisher Asset Management, an estimated $298M sold.

Based on aggregated 13F filings for Q3 2013.