British American Tobacco
BTI
459 hedge funds and large institutions have $4.35B invested in British American Tobacco in 2020 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 139 increasing their positions, 165 reducing their positions, and 42 closing their positions.
100% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 42
8% more funds holding
Funds holding: 425 → 459 (+34)
0.27% less ownership
Funds ownership: 5.33% → 5.05% (-0.27%)
1% less capital invested
Capital invested by funds: $4.41B → $4.35B (-$64.5M)
16% less repeat investments, than reductions
Existing positions increased: 139 | Existing positions reduced: 165
38% less call options, than puts
Call options by funds: $21.9M | Put options by funds: $35.6M
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$61.7M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$40.1M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$39.6M |
| 4 |
AR
Advisory Research
Chicago,
Illinois
|
+$15.3M |
| 5 |
Goldman Sachs
New York
|
+$8.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital International Investors
Los Angeles,
California
|
-$135M |
| 2 |
Franklin Resources
San Mateo,
California
|
-$52.8M |
| 3 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$23.7M |
| 4 |
Bank of New York Mellon
New York
|
-$23.7M |
| 5 |
Jane Street
New York
|
-$20.2M |
BTI Hedge Fund Activity: Q4 2020 in Review
459 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q4 2020, worth a combined $4.35B — down 1.5% from $4.41B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new BTI positions and 42 closed out — a net gain of 42 holders — while 139 added to existing stakes and 165 trimmed.
The largest buyer was Arrowstreet Capital, opening a new position worth an estimated $61.7M. The largest seller was Capital International Investors, cutting an estimated $135M.
- 459 institutional investors held British American Tobacco (BTI) as of Q4 2020, up from 425 in Q3 2020.
- Funds reported $4.35B of British American Tobacco stock for Q4 2020, down 1.5% quarter-over-quarter.
- 84 funds opened new British American Tobacco positions in Q4 2020 and 42 closed out, a net change of +42 holders.
- The largest British American Tobacco buyer in Q4 2020 was Arrowstreet Capital, an estimated $61.7M added.
- The largest British American Tobacco seller in Q4 2020 was Capital International Investors, an estimated $135M sold.
Based on aggregated 13F filings for Q4 2020.