British American Tobacco
BTI
571 hedge funds and large institutions have $6.05B invested in British American Tobacco in 2023 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 260 increasing their positions, 158 reducing their positions, and 69 closing their positions.
65% more repeat investments, than reductions
Existing positions increased: 260 | Existing positions reduced: 158
3% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 69
0.33% more ownership
Funds ownership: 7.5% → 7.83% (+0.33%)
2% less funds holding
Funds holding: 583 → 571 (-12)
10% less capital invested
Capital invested by funds: $6.7B → $6.05B (-$651M)
38% less call options, than puts
Call options by funds: $89.6M | Put options by funds: $144M
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$207M |
| 2 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
+$171M |
| 3 |
Capital International Investors
Los Angeles,
California
|
+$129M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$107M |
| 5 |
Capital Research Global Investors
Los Angeles,
California
|
+$102M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GQG Partners
Ft. Lauderdale,
Florida
|
-$360M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$213M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$45.9M |
| 4 |
CCMG
Clark Capital Management Group
Philadelphia,
Pennsylvania
|
-$31.4M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$26.3M |
BTI Hedge Fund Activity: Q1 2023 in Review
571 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q1 2023, worth a combined $6.05B — down 9.7% from $6.7B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new BTI positions and 69 closed out — a net gain of 2 holders — while 260 added to existing stakes and 158 trimmed.
The largest buyer was BlackRock, adding an estimated $207M. The largest seller was GQG Partners, cutting an estimated $360M.
- 571 institutional investors held British American Tobacco (BTI) as of Q1 2023, down from 583 in Q4 2022.
- Funds reported $6.05B of British American Tobacco stock for Q1 2023, down 9.7% quarter-over-quarter.
- 71 funds opened new British American Tobacco positions in Q1 2023 and 69 closed out, a net change of +2 holders.
- The largest British American Tobacco buyer in Q1 2023 was BlackRock, an estimated $207M added.
- The largest British American Tobacco seller in Q1 2023 was GQG Partners, an estimated $360M sold.
Based on aggregated 13F filings for Q1 2023.