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British American Tobacco

455 hedge funds and large institutions have $4.86B invested in British American Tobacco in 2019 Q4 according to their latest regulatory filings, with 88 funds opening new positions, 127 increasing their positions, 161 reducing their positions, and 46 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

91% more first-time investments, than exits

New positions opened: 88 | Existing positions closed: 46

17% more capital invested

Capital invested by funds: $4.17B → $4.86B (+$690M)

9% more funds holding

Funds holding: 419455 (+36)

0.06% more ownership

Funds ownership: 4.93%4.99% (+0.06%)

21% less repeat investments, than reductions

Existing positions increased: 127 | Existing positions reduced: 161

60% less call options, than puts

Call options by funds: $23.1M | Put options by funds: $57.3M

Holders
455
Holders Change
+36
Holders Change %
+8.59%
% of All Funds
8.96%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.08%
New
88
Increased
127
Reduced
161
Closed
46
Calls
$23.1M
Puts
$57.3M
Net Calls
-$34.2M
Net Calls Change
-$12.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Capital Research Global Investors
1
Capital Research Global Investors
California
$1.01B +$63.2M +1,675,722 +8%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$488M -$41.4M -1,098,669 -9%
OAG
3
Orbis Allan Gray
Bermuda
$458M +$135M +3,594,213 +50%
Franklin Resources
4
Franklin Resources
California
$184M -$9.47M -251,201 -5%
Newport Trust Company
5
Newport Trust Company
District of Columbia
$175M -$9.23M -244,746 -6%
Bank of America
6
Bank of America
North Carolina
$149M +$7.77M +206,049 +6%
JP Morgan Chase
7
JP Morgan Chase
New York
$131M +$1.6M +42,354 +1%
Northern Trust
8
Northern Trust
Illinois
$130M +$3.58M +94,977 +3%
Bank of New York Mellon
9
Bank of New York Mellon
New York
$126M +$2.73M +72,473 +3%
State Street
10
State Street
Massachusetts
$111M -$15.4M -408,687 -14%
MC
11
Maverick Capital
Texas
$104M +$231K +6,125 +0.3%
Wells Fargo
12
Wells Fargo
California
$102M +$19.2M +510,061 +27%
Grantham, Mayo, Van Otterloo & Co (GMO)
13
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$99.1M +$29.8M +789,300 +51%
PPA
14
Parametric Portfolio Associates
Washington
$88.9M +$3.52M +93,320 +5%
BlackRock
15
BlackRock
New York
$78.8M -$1.47M -38,926 -2%
Dimensional Fund Advisors
16
Dimensional Fund Advisors
Texas
$76.5M -$580K -15,400 -0.8%
EIP
17
Epoch Investment Partners
New York
$73M -$294K -7,792 -0.5%
Federated Hermes
18
Federated Hermes
Pennsylvania
$69.4M +$683K +18,131 +1%
RJA
19
Raymond James & Associates
Florida
$68.1M -$1.27M -33,684 -2%
Goldman Sachs
20
Goldman Sachs
New York
$54.5M +$6.69M +177,493 +16%
Vanguard Group
21
Vanguard Group
Pennsylvania
$50M -$4.81M -127,560 -10%
Jane Street
22
Jane Street
New York
$42.2M -$40.7M -1,079,465 -52%
Capital World Investors
23
Capital World Investors
California
$42.1M +$78.1K +2,071 +0.2%
AG
24
Aperio Group
California
$40.2M -$3.02M -80,132 -8%
CCM
25
Causeway Capital Management
California
$35.8M -$350K -9,286 -1%

BTI Hedge Fund Activity: Q4 2019 in Review

455 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q4 2019, worth a combined $4.86B — up 17% from $4.17B a quarter earlier.

Buyers outnumbered sellers: 88 funds opened new BTI positions and 46 closed out — a net gain of 42 holders — while 127 added to existing stakes and 161 trimmed.

The largest buyer was Orbis Allan Gray, adding an estimated $135M. The largest seller was First Trust Advisors, cutting an estimated $43.1M.

  • 455 institutional investors held British American Tobacco (BTI) as of Q4 2019, up from 419 in Q3 2019.
  • Funds reported $4.86B of British American Tobacco stock for Q4 2019, up 17% quarter-over-quarter.
  • 88 funds opened new British American Tobacco positions in Q4 2019 and 46 closed out, a net change of +42 holders.
  • The largest British American Tobacco buyer in Q4 2019 was Orbis Allan Gray, an estimated $135M added.
  • The largest British American Tobacco seller in Q4 2019 was First Trust Advisors, an estimated $43.1M sold.

Based on aggregated 13F filings for Q4 2019.