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British American Tobacco

251 hedge funds and large institutions have $3.38B invested in British American Tobacco in 2015 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 102 increasing their positions, 69 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

48% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 69

24% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 21

0% more funds holding

Funds holding: 250251 (+1)

0.06% less ownership

Funds ownership: 3.53%3.47% (-0.06%)

8% less call options, than puts

Call options by funds: $916K | Put options by funds: $996K

18% less capital invested

Capital invested by funds: $4.11B → $3.38B (-$729M)

Holders
251
Holders Change
+1
Holders Change %
+0.4%
% of All Funds
6.69%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.05%
New
26
Increased
102
Reduced
69
Closed
21
Calls
$916K
Puts
$996K
Net Calls
-$80K
Net Calls Change
+$5.72M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.47B -$95.6M -1,724,030 -6%
UBS Group
2
UBS Group
Switzerland
$271M +$37.2M +670,018 +15%
WI
3
WHV Investments
California
$158M -$16.1M -290,432 -9%
Invesco
4
Invesco
Georgia
$117M -$3.91M -70,434 -3%
SCCM
5
Schafer Cullen Capital Management
New York
$108M +$48.7M +877,972 +73%
Lazard Asset Management
6
Lazard Asset Management
New York
$99.6M +$5.41M +97,606 +5%
Wells Fargo
7
Wells Fargo
California
$93.6M +$1.81M +32,710 +2%
MAA
8
Managed Account Advisors
New Jersey
$92.1M +$9.53M +171,862 +11%
JP Morgan Chase
9
JP Morgan Chase
New York
$82.5M -$643K -11,588 -0.7%
Northern Trust
10
Northern Trust
Illinois
$76.9M +$653K +11,784 +0.8%
Bank of America
11
Bank of America
North Carolina
$45.7M +$7.63M +137,536 +19%
CS
12
Credit Suisse
Switzerland
$37.6M -$1.11M -20,062 -3%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$33.9M +$2.3M +41,416 +7%
BIM
14
BlackRock Investment Management
Delaware
$33.2M +$4.18M +75,296 +13%
Dimensional Fund Advisors
15
Dimensional Fund Advisors
Texas
$32.5M +$5.26M +94,908 +18%
PPA
16
Parametric Portfolio Associates
Washington
$32.4M +$2.42M +43,714 +8%
Renaissance Technologies
17
Renaissance Technologies
New York
$26.4M +$3.91M +70,600 +16%
Morgan Stanley
18
Morgan Stanley
New York
$26.3M -$7.47M -134,770 -21%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$23.4M -$92M -1,659,716 -79%
RJA
20
Raymond James & Associates
Florida
$23.3M +$4.99M +89,988 +25%
CCM
21
Causeway Capital Management
California
$22.8M -$2.86M -51,572 -11%
BTS
22
BB&T Securities
Virginia
$22.3M +$379K +6,828 +19%
Goldman Sachs
23
Goldman Sachs
New York
$21.4M -$2.04M -36,784 -8%
AG
24
Aperio Group
California
$18.8M +$1.53M +27,680 +8%
Wellington Management Group
25
Wellington Management Group
Massachusetts
$18.8M -$677K -12,200 -3%

BTI Hedge Fund Activity: Q1 2015 in Review

251 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q1 2015, worth a combined $3.38B — down 18% from $4.11B a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new BTI positions and 21 closed out — a net gain of 5 holders — while 102 added to existing stakes and 69 trimmed.

The largest buyer was Schafer Cullen Capital Management, adding an estimated $48.7M. The largest seller was Fidelity Investments, cutting an estimated $95.6M.

  • 251 institutional investors held British American Tobacco (BTI) as of Q1 2015, up from 250 in Q4 2014.
  • Funds reported $3.38B of British American Tobacco stock for Q1 2015, down 18% quarter-over-quarter.
  • 26 funds opened new British American Tobacco positions in Q1 2015 and 21 closed out, a net change of +5 holders.
  • The largest British American Tobacco buyer in Q1 2015 was Schafer Cullen Capital Management, an estimated $48.7M added.
  • The largest British American Tobacco seller in Q1 2015 was Fidelity Investments, an estimated $95.6M sold.

Based on aggregated 13F filings for Q1 2015.