British American Tobacco
BTI
551 hedge funds and large institutions have $4.53B invested in British American Tobacco in 2023 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 232 increasing their positions, 167 reducing their positions, and 62 closing their positions.
39% more repeat investments, than reductions
Existing positions increased: 232 | Existing positions reduced: 167
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
0.39% less ownership
Funds ownership: 6.84% → 6.44% (-0.39%)
3% less funds holding
Funds holding: 570 → 551 (-19)
11% less capital invested
Capital invested by funds: $5.07B → $4.53B (-$547M)
19% less first-time investments, than exits
New positions opened: 50 | Existing positions closed: 62
27% less call options, than puts
Call options by funds: $121M | Put options by funds: $167M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$68.9M |
| 2 |
Capital Research Global Investors
Los Angeles,
California
|
+$40M |
| 3 |
Capital World Investors
Los Angeles,
California
|
+$29.3M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$21.5M |
| 5 |
Grantham, Mayo, Van Otterloo & Co (GMO)
Boston,
Massachusetts
|
+$19.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$82.9M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$39.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$39.1M |
| 4 |
Bank of New York Mellon
New York
|
-$33.3M |
| 5 |
D.E. Shaw & Co
New York
|
-$29.2M |
BTI Hedge Fund Activity: Q3 2023 in Review
551 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q3 2023, worth a combined $4.53B — down 11% from $5.07B a quarter earlier.
Sellers outnumbered buyers: 62 funds closed out of BTI and 50 opened new positions — a net loss of 12 holders — while 167 trimmed existing stakes and 232 added.
The largest buyer was BlackRock, adding an estimated $68.9M. The largest seller was Jane Street, cutting an estimated $82.9M.
- 551 institutional investors held British American Tobacco (BTI) as of Q3 2023, down from 570 in Q2 2023.
- Funds reported $4.53B of British American Tobacco stock for Q3 2023, down 11% quarter-over-quarter.
- 50 funds opened new British American Tobacco positions in Q3 2023 and 62 closed out, a net change of -12 holders.
- The largest British American Tobacco buyer in Q3 2023 was BlackRock, an estimated $68.9M added.
- The largest British American Tobacco seller in Q3 2023 was Jane Street, an estimated $82.9M sold.
Based on aggregated 13F filings for Q3 2023.