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British American Tobacco

520 hedge funds and large institutions have $8.27B invested in British American Tobacco in 2018 Q2 according to their latest regulatory filings, with 56 funds opening new positions, 135 increasing their positions, 225 reducing their positions, and 106 closing their positions.

New
Increased
Maintained
Reduced
Closed

73% more call options, than puts

Call options by funds: $29.4M | Put options by funds: $17M

0.87% less ownership

Funds ownership: 8.1%7.23% (-0.87%)

10% less funds holding

Funds holding: 577520 (-57)

23% less capital invested

Capital invested by funds: $10.7B → $8.27B (-$2.45B)

40% less repeat investments, than reductions

Existing positions increased: 135 | Existing positions reduced: 225

44% less funds holding in top 10

Funds holding in top 10: 95 (-4)

47% less first-time investments, than exits

New positions opened: 56 | Existing positions closed: 106

Holders
520
Holders Change
-57
Holders Change %
-9.88%
% of All Funds
11.9%
Holding in Top 10
5
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-44.44%
% of All Funds
0.11%
New
56
Increased
135
Reduced
225
Closed
106
Calls
$29.4M
Puts
$17M
Net Calls
+$12.4M
Net Calls Change
+$373K
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.65B -$136M -2,585,000 -7%
Capital Research Global Investors
2
Capital Research Global Investors
California
$1.06B +$232M +4,404,924 +27%
UBS Group
3
UBS Group
Switzerland
$382M +$14.5M +274,815 +4%
Bank of New York Mellon
4
Bank of New York Mellon
New York
$304M -$26.9M -511,698 -8%
Bank of America
5
Bank of America
North Carolina
$290M -$50.8M -964,658 -14%
Capital World Investors
6
Capital World Investors
California
$249M -$236M -4,489,437 -48%
Franklin Resources
7
Franklin Resources
California
$240M
Newport Trust Company
8
Newport Trust Company
District of Columbia
$234M -$5.3M -100,550 -2%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$192M +$24.8M +471,326 +14%
CI
10
Cambiar Investors
Colorado
$175M -$49.7M -942,722 -21%
State Street
11
State Street
Massachusetts
$171M -$11.9M -225,194 -6%
Goldman Sachs
12
Goldman Sachs
New York
$166M -$10.5M -200,276 -6%
Northern Trust
13
Northern Trust
Illinois
$162M +$243K +4,622 +0.1%
Lazard Asset Management
14
Lazard Asset Management
New York
$144M -$3.56M -67,539 -2%
Morgan Stanley
15
Morgan Stanley
New York
$143M -$289M -5,488,628 -66%
Wells Fargo
16
Wells Fargo
California
$135M -$27.7M -525,110 -16%
TIM
17
Thornburg Investment Management
New Mexico
$129M -$27.6M -524,673 -17%
Deutsche Bank
18
Deutsche Bank
Germany
$119M +$53M +1,006,529 +74%
BlackRock
19
BlackRock
New York
$102M -$73M -1,385,335 -41%
Jane Street
20
Jane Street
New York
$95.6M +$83.1M +1,577,899 +497%
RJA
21
Raymond James & Associates
Florida
$91.3M +$6.72M +127,580 +8%
Vanguard Group
22
Vanguard Group
Pennsylvania
$88.7M -$53 -1 -0%
Federated Hermes
23
Federated Hermes
Pennsylvania
$79.2M -$5.4M -102,611 -6%
PPA
24
Parametric Portfolio Associates
Washington
$70.1M +$2.5M +47,494 +4%
Invesco
25
Invesco
Georgia
$67.4M -$35.1M -666,872 -33%

BTI Hedge Fund Activity: Q2 2018 in Review

520 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q2 2018, worth a combined $8.27B — down 23% from $10.7B a quarter earlier.

Sellers outnumbered buyers: 106 funds closed out of BTI and 56 opened new positions — a net loss of 50 holders — while 225 trimmed existing stakes and 135 added.

The largest buyer was Capital Research Global Investors, adding an estimated $232M. The largest seller was Morgan Stanley, cutting an estimated $289M.

  • 520 institutional investors held British American Tobacco (BTI) as of Q2 2018, down from 577 in Q1 2018.
  • Funds reported $8.27B of British American Tobacco stock for Q2 2018, down 23% quarter-over-quarter.
  • 56 funds opened new British American Tobacco positions in Q2 2018 and 106 closed out, a net change of -50 holders.
  • The largest British American Tobacco buyer in Q2 2018 was Capital Research Global Investors, an estimated $232M added.
  • The largest British American Tobacco seller in Q2 2018 was Morgan Stanley, an estimated $289M sold.

Based on aggregated 13F filings for Q2 2018.