British American Tobacco
BTI
549 hedge funds and large institutions have $4B invested in British American Tobacco in 2023 Q4 according to their latest regulatory filings, with 84 funds opening new positions, 161 increasing their positions, 235 reducing their positions, and 78 closing their positions.
83% more funds holding in top 10
Funds holding in top 10: 6 → 11 (+5)
8% more first-time investments, than exits
New positions opened: 84 | Existing positions closed: 78
0.34% less ownership
Funds ownership: 6.44% → 6.1% (-0.34%)
0% less funds holding
Funds holding: 551 → 549 (-2)
12% less capital invested
Capital invested by funds: $4.53B → $4B (-$528M)
14% less call options, than puts
Call options by funds: $130M | Put options by funds: $150M
31% less repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 235
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Research Global Investors
Los Angeles,
California
|
+$130M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$37.4M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$27.5M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$18.8M |
| 5 |
IPAM
ICICI Prudential Asset Management
Mumbai,
India
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$122M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$71.2M |
| 3 |
Optiver Holding
Amsterdam,
Netherlands
|
-$41.5M |
| 4 |
BlackRock
New York
|
-$39M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$36.2M |
BTI Hedge Fund Activity: Q4 2023 in Review
549 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in British American Tobacco (BTI) for Q4 2023, worth a combined $4B — down 12% from $4.53B a quarter earlier.
Buyers outnumbered sellers: 84 funds opened new BTI positions and 78 closed out — a net gain of 6 holders — while 161 added to existing stakes and 235 trimmed.
The largest buyer was Capital Research Global Investors, adding an estimated $130M. The largest seller was Morgan Stanley, cutting an estimated $122M.
- 549 institutional investors held British American Tobacco (BTI) as of Q4 2023, down from 551 in Q3 2023.
- Funds reported $4B of British American Tobacco stock for Q4 2023, down 12% quarter-over-quarter.
- 84 funds opened new British American Tobacco positions in Q4 2023 and 78 closed out, a net change of +6 holders.
- The largest British American Tobacco buyer in Q4 2023 was Capital Research Global Investors, an estimated $130M added.
- The largest British American Tobacco seller in Q4 2023 was Morgan Stanley, an estimated $122M sold.
Based on aggregated 13F filings for Q4 2023.