British American Tobacco
BTI
250 hedge funds and large institutions have $3.55B invested in British American Tobacco in 2014 Q4 according to their latest regulatory filings, with 30 funds opening new positions, 102 increasing their positions, 63 reducing their positions, and 19 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 63
58% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 19
4% more funds holding
Funds holding: 241 → 250 (+9)
0.03% more ownership
Funds ownership: 3.5% → 3.53% (+0.03%)
4% less capital invested
Capital invested by funds: $3.69B → $3.55B (-$143M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
78% less call options, than puts
Call options by funds: $1.65M | Put options by funds: $7.46M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$93.8M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$18.9M |
| 3 |
Renaissance Technologies
New York
|
+$13.6M |
| 4 |
Citigroup
New York
|
+$11.4M |
| 5 |
Two Sigma Investments
New York
|
+$6.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$98.9M |
| 2 |
SCCM
Schafer Cullen Capital Management
New York
|
-$55.7M |
| 3 |
WI
WHV Investments
San Francisco,
California
|
-$15.2M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.32M |
| 5 |
JP Morgan Chase
New York
|
-$7.39M |
BTI Hedge Fund Activity: Q4 2014 in Review
250 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q4 2014, worth a combined $3.55B — down 3.9% from $3.69B a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new BTI positions and 19 closed out — a net gain of 11 holders — while 102 added to existing stakes and 63 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $93.8M. The largest seller was Fidelity Investments, cutting an estimated $98.9M.
- 250 institutional investors held British American Tobacco (BTI) as of Q4 2014, up from 241 in Q3 2014.
- Funds reported $3.55B of British American Tobacco stock for Q4 2014, down 3.9% quarter-over-quarter.
- 30 funds opened new British American Tobacco positions in Q4 2014 and 19 closed out, a net change of +11 holders.
- The largest British American Tobacco buyer in Q4 2014 was Bank of New York Mellon, an estimated $93.8M added.
- The largest British American Tobacco seller in Q4 2014 was Fidelity Investments, an estimated $98.9M sold.
Based on aggregated 13F filings for Q4 2014.