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British American Tobacco

419 hedge funds and large institutions have $4.17B invested in British American Tobacco in 2019 Q3 according to their latest regulatory filings, with 33 funds opening new positions, 108 increasing their positions, 191 reducing their positions, and 52 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

0% more capital invested

Capital invested by funds: $4.16B → $4.17B (+$4.9M)

0.27% less ownership

Funds ownership: 5.21%4.93% (-0.27%)

5% less funds holding

Funds holding: 441419 (-22)

37% less first-time investments, than exits

New positions opened: 33 | Existing positions closed: 52

43% less repeat investments, than reductions

Existing positions increased: 108 | Existing positions reduced: 191

44% less call options, than puts

Call options by funds: $27.4M | Put options by funds: $49M

Holders
419
Holders Change
-22
Holders Change %
-4.99%
% of All Funds
9.19%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.04%
New
33
Increased
108
Reduced
191
Closed
52
Calls
$27.4M
Puts
$49M
Net Calls
-$21.6M
Net Calls Change
-$14.7M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$816M -$22.3M -609,398 -3%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$465M -$27.6M -755,429 -6%
OAG
3
Orbis Allan Gray
Bermuda
$266M +$119M +3,247,941 +82%
Franklin Resources
4
Franklin Resources
California
$170M +$2.33M +63,726 +1%
Newport Trust Company
5
Newport Trust Company
District of Columbia
$161M -$2.81M -76,875 -2%
Bank of America
6
Bank of America
North Carolina
$122M -$35.3M -964,958 -23%
JP Morgan Chase
7
JP Morgan Chase
New York
$112M +$15.8M +432,415 +17%
State Street
8
State Street
Massachusetts
$110M +$2M +54,763 +2%
Northern Trust
9
Northern Trust
Illinois
$109M -$6.78M -185,240 -6%
Bank of New York Mellon
10
Bank of New York Mellon
New York
$107M -$2.2M -60,135 -2%
MC
11
Maverick Capital
Texas
$90M +$8.63M +235,928 +11%
Jane Street
12
Jane Street
New York
$76.5M +$31.7M +866,544 +72%
PPA
13
Parametric Portfolio Associates
Washington
$73.9M +$2.65M +72,456 +4%
BlackRock
14
BlackRock
New York
$69.9M -$691K -18,888 -1%
Wells Fargo
15
Wells Fargo
California
$69.8M -$25.5M -697,472 -27%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$67.1M +$11.4M +310,448 +21%
EIP
17
Epoch Investment Partners
New York
$63.7M -$1.9M -52,036 -3%
RJA
18
Raymond James & Associates
Florida
$60.4M -$29.8M -814,154 -33%
Federated Hermes
19
Federated Hermes
Pennsylvania
$59.7M -$48.5M -1,324,900 -45%
Grantham, Mayo, Van Otterloo & Co (GMO)
20
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$57M +$26.6M +728,300 +89%
AllianceBernstein
21
AllianceBernstein
Tennessee
$51M -$430K -11,762 -0.8%
Vanguard Group
22
Vanguard Group
Pennsylvania
$48.1M -$1.7M -46,532 -3%
First Trust Advisors
23
First Trust Advisors
Illinois
$45.2M +$6.33M +173,047 +16%
Goldman Sachs
24
Goldman Sachs
New York
$40.8M +$5.22M +142,598 +15%
AG
25
Aperio Group
California
$37.9M -$1.21M -33,182 -3%

BTI Hedge Fund Activity: Q3 2019 in Review

419 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2019, worth a combined $4.17B — up 0.12% from $4.16B a quarter earlier.

Sellers outnumbered buyers: 52 funds closed out of BTI and 33 opened new positions — a net loss of 19 holders — while 191 trimmed existing stakes and 108 added.

The largest buyer was Orbis Allan Gray, adding an estimated $119M. The largest seller was Federated Hermes, cutting an estimated $48.5M.

  • 419 institutional investors held British American Tobacco (BTI) as of Q3 2019, down from 441 in Q2 2019.
  • Funds reported $4.17B of British American Tobacco stock for Q3 2019, up 0.12% quarter-over-quarter.
  • 33 funds opened new British American Tobacco positions in Q3 2019 and 52 closed out, a net change of -19 holders.
  • The largest British American Tobacco buyer in Q3 2019 was Orbis Allan Gray, an estimated $119M added.
  • The largest British American Tobacco seller in Q3 2019 was Federated Hermes, an estimated $48.5M sold.

Based on aggregated 13F filings for Q3 2019.