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British American Tobacco

596 hedge funds and large institutions have $12.5B invested in British American Tobacco in 2017 Q3 according to their latest regulatory filings, with 303 funds opening new positions, 230 increasing their positions, 38 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

847% more first-time investments, than exits

New positions opened: 303 | Existing positions closed: 32

505% more repeat investments, than reductions

Existing positions increased: 230 | Existing positions reduced: 38

200% more funds holding in top 10

Funds holding in top 10: 412 (+8)

129% more call options, than puts

Call options by funds: $145M | Put options by funds: $63.1M

80% more funds holding

Funds holding: 332596 (+264)

67% more capital invested

Capital invested by funds: $7.52B → $12.5B (+$5.02B)

2.86% more ownership

Funds ownership: 5.9%8.76% (+2.9%)

Holders
596
Holders Change
+264
Holders Change %
+79.52%
% of All Funds
14.86%
Holding in Top 10
12
Holding in Top 10 Change
+8
Holding in Top 10 Change %
+200%
% of All Funds
0.3%
New
303
Increased
230
Reduced
38
Closed
32
Calls
$145M
Puts
$63.1M
Net Calls
+$81.7M
Net Calls Change
-$36.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$2.45B +$746M +11,560,132 +42%
Capital Research Global Investors
2
Capital Research Global Investors
California
$971M +$1B +15,546,114 New
Goldman Sachs
3
Goldman Sachs
New York
$841M -$133M -2,063,370 -13%
Capital World Investors
4
Capital World Investors
California
$636M +$657M +10,177,344 +63,608,400%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$502M +$486M +7,533,669 +1,509%
Morgan Stanley
6
Morgan Stanley
New York
$501M +$438M +6,783,955 +551%
Bank of America
7
Bank of America
North Carolina
$382M -$292M -4,527,101 -43%
UBS Group
8
UBS Group
Switzerland
$349M -$51.6M -800,653 -13%
ETC
9
Evercore Trust Company
New York
$331M +$342M +5,300,837 New
Franklin Resources
10
Franklin Resources
California
$298M +$308M +4,770,485 New
State Street
11
State Street
Massachusetts
$265M +$273M +4,226,336 +37,031%
TIM
12
Thornburg Investment Management
New Mexico
$183M +$190M +2,938,311 New
Legal & General Group
13
Legal & General Group
United Kingdom
$180M +$186M +2,887,448 New
Wells Fargo
14
Wells Fargo
California
$179M +$81.1M +1,256,572 +78%
Lazard Asset Management
15
Lazard Asset Management
New York
$175M +$2.88M +44,631 +2%
Northern Trust
16
Northern Trust
Illinois
$151M +$21.3M +330,192 +16%
Wellington Management Group
17
Wellington Management Group
Massachusetts
$149M +$22.3M +346,133 +17%
Millennium Management
18
Millennium Management
New York
$146M +$150M +2,324,809 +19,141%
EIP
19
Epoch Investment Partners
New York
$144M +$148M +2,299,249 +18,280%
D.E. Shaw & Co
20
D.E. Shaw & Co
New York
$142M +$144M +2,230,658 +4,624%
BlackRock
21
BlackRock
New York
$110M +$21.2M +328,088 +23%
Vanguard Group
22
Vanguard Group
Pennsylvania
$110M +$113M +1,757,384 New
Invesco
23
Invesco
Georgia
$95.3M +$16.6M +257,103 +20%
PPA
24
Parametric Portfolio Associates
Washington
$94.1M +$29.5M +456,692 +43%
Barclays
25
Barclays
United Kingdom
$89.2M +$59.3M +918,975 +180%

BTI Hedge Fund Activity: Q3 2017 in Review

596 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2017, worth a combined $12.5B — up 67% from $7.52B a quarter earlier.

Buyers outnumbered sellers: 303 funds opened new BTI positions and 32 closed out — a net gain of 271 holders — while 230 added to existing stakes and 38 trimmed.

The largest buyer was Capital Research Global Investors, opening a new position worth an estimated $1B. The largest seller was Credit Suisse, cutting an estimated $535M.

  • 596 institutional investors held British American Tobacco (BTI) as of Q3 2017, up from 332 in Q2 2017.
  • Funds reported $12.5B of British American Tobacco stock for Q3 2017, up 67% quarter-over-quarter.
  • 303 funds opened new British American Tobacco positions in Q3 2017 and 32 closed out, a net change of +271 holders.
  • The largest British American Tobacco buyer in Q3 2017 was Capital Research Global Investors, an estimated $1B added.
  • The largest British American Tobacco seller in Q3 2017 was Credit Suisse, an estimated $535M sold.

Based on aggregated 13F filings for Q3 2017.