British American Tobacco
BTI
292 hedge funds and large institutions have $3.55B invested in British American Tobacco in 2016 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 89 increasing their positions, 114 reducing their positions, and 19 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
61% more call options, than puts
Call options by funds: $13.5M | Put options by funds: $8.42M
53% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 19
2% more funds holding
Funds holding: 286 → 292 (+6)
0.14% less ownership
Funds ownership: 3.12% → 2.99% (-0.14%)
6% less capital invested
Capital invested by funds: $3.77B → $3.55B (-$222M)
22% less repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 114
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DCM
Driehaus Capital Management
Chicago,
Illinois
|
+$15.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$15.7M |
| 3 |
BIM
BlackRock Investment Management
Wilmington,
Delaware
|
+$9.06M |
| 4 |
Lazard Asset Management
New York
|
+$7.24M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$6.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$83.1M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$57M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$15.1M |
| 4 |
SCCM
Schafer Cullen Capital Management
New York
|
-$13.1M |
| 5 |
Two Sigma Investments
New York
|
-$10.6M |
BTI Hedge Fund Activity: Q3 2016 in Review
292 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2016, worth a combined $3.55B — down 5.9% from $3.77B a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new BTI positions and 19 closed out — a net gain of 10 holders — while 89 added to existing stakes and 114 trimmed.
The largest buyer was Driehaus Capital Management, opening a new position worth an estimated $15.7M. The largest seller was JP Morgan Chase, cutting an estimated $83.1M.
- 292 institutional investors held British American Tobacco (BTI) as of Q3 2016, up from 286 in Q2 2016.
- Funds reported $3.55B of British American Tobacco stock for Q3 2016, down 5.9% quarter-over-quarter.
- 29 funds opened new British American Tobacco positions in Q3 2016 and 19 closed out, a net change of +10 holders.
- The largest British American Tobacco buyer in Q3 2016 was Driehaus Capital Management, an estimated $15.7M added.
- The largest British American Tobacco seller in Q3 2016 was JP Morgan Chase, an estimated $83.1M sold.
Based on aggregated 13F filings for Q3 2016.