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British American Tobacco

518 hedge funds and large institutions have $7.45B invested in British American Tobacco in 2018 Q3 according to their latest regulatory filings, with 66 funds opening new positions, 155 increasing their positions, 195 reducing their positions, and 65 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more first-time investments, than exits

New positions opened: 66 | Existing positions closed: 65

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.29% less ownership

Funds ownership: 7.23%6.94% (-0.29%)

0% less funds holding

Funds holding: 520518 (-2)

10% less capital invested

Capital invested by funds: $8.27B → $7.45B (-$819M)

18% less call options, than puts

Call options by funds: $16.4M | Put options by funds: $20M

21% less repeat investments, than reductions

Existing positions increased: 155 | Existing positions reduced: 195

Holders
518
Holders Change
-2
Holders Change %
-0.38%
% of All Funds
11.84%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
66
Increased
155
Reduced
195
Closed
65
Calls
$16.4M
Puts
$20M
Net Calls
-$3.59M
Net Calls Change
-$16M
Name Holding Trade Value Shares
Change
Change in
Stake
Fidelity Investments
1
Fidelity Investments
Massachusetts
$1.5B -$34.1M -671,488 -2%
Capital Research Global Investors
2
Capital Research Global Investors
California
$921M -$61.4M -1,208,145 -6%
UBS Group
3
UBS Group
Switzerland
$355M +$2.2M +43,272 +0.6%
Bank of America
4
Bank of America
North Carolina
$282M +$15.2M +298,778 +5%
Bank of New York Mellon
5
Bank of New York Mellon
New York
$248M -$35.5M -699,587 -12%
Franklin Resources
6
Franklin Resources
California
$224M +$2.31M +45,384 +1%
Newport Trust Company
7
Newport Trust Company
District of Columbia
$211M -$6.52M -128,316 -3%
Capital World Investors
8
Capital World Investors
California
$182M -$52M -1,024,440 -21%
Wellington Management Group
9
Wellington Management Group
Massachusetts
$182M +$4.42M +87,067 +2%
CI
10
Cambiar Investors
Colorado
$165M +$2.99M +58,775 +2%
Northern Trust
11
Northern Trust
Illinois
$152M +$2.51M +49,452 +2%
State Street
12
State Street
Massachusetts
$150M -$8.07M -158,792 -5%
Lazard Asset Management
13
Lazard Asset Management
New York
$141M +$8.97M +176,534 +6%
Goldman Sachs
14
Goldman Sachs
New York
$133M -$21.7M -426,358 -13%
Wells Fargo
15
Wells Fargo
California
$132M +$7.93M +156,133 +6%
Morgan Stanley
16
Morgan Stanley
New York
$128M -$4.65M -91,589 -3%
RJA
17
Raymond James & Associates
Florida
$100M +$17.3M +341,241 +19%
EIP
18
Epoch Investment Partners
New York
$90.3M -$7.42M -146,004 -7%
BlackRock
19
BlackRock
New York
$89.2M -$5.87M -115,528 -6%
Vanguard Group
20
Vanguard Group
Pennsylvania
$81.9M
Jane Street
21
Jane Street
New York
$77.3M -$12M -237,010 -13%
Federated Hermes
22
Federated Hermes
Pennsylvania
$76.9M +$3.96M +77,972 +5%
Deutsche Bank
23
Deutsche Bank
Germany
$68.1M -$45.7M -900,393 -38%
MC
24
Maverick Capital
Texas
$67.6M +$8.28M +163,023 +13%
PPA
25
Parametric Portfolio Associates
Washington
$63.4M -$1.53M -30,097 -2%

BTI Hedge Fund Activity: Q3 2018 in Review

518 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2018, worth a combined $7.45B — down 9.9% from $8.27B a quarter earlier.

Buyers outnumbered sellers: 66 funds opened new BTI positions and 65 closed out — a net gain of 1 holder — while 155 added to existing stakes and 195 trimmed.

The largest buyer was Dimensional Fund Advisors, adding an estimated $21.9M. The largest seller was Thornburg Investment Management, cutting an estimated $120M.

  • 518 institutional investors held British American Tobacco (BTI) as of Q3 2018, down from 520 in Q2 2018.
  • Funds reported $7.45B of British American Tobacco stock for Q3 2018, down 9.9% quarter-over-quarter.
  • 66 funds opened new British American Tobacco positions in Q3 2018 and 65 closed out, a net change of +1 holder.
  • The largest British American Tobacco buyer in Q3 2018 was Dimensional Fund Advisors, an estimated $21.9M added.
  • The largest British American Tobacco seller in Q3 2018 was Thornburg Investment Management, an estimated $120M sold.

Based on aggregated 13F filings for Q3 2018.