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Tobacco & Nicotine

Tobacco combines falling volumes with strong pricing, and is shifting towards vapour and oral products that carry lower regulatory risk. Cash generation is the whole investment case.

13 stocks

# Name Holding Trade Value Theme
Stocks
% of
Portfolio
Status
151
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$173M +$113M 4 0.39% Increased
152
Vontobel Holding
Vontobel Holding
Switzerland
$172M -$56.1M 2 0.55% Reduced
153
Fundsmith Investment Services
Fundsmith Investment Services
Mauritius
$171M -$127M 1 3.78% Reduced
154
Lazard Asset Management
Lazard Asset Management
New York
$170M -$18.8M 3 0.26% Reduced
155
Two Sigma Investments
Two Sigma Investments
New York
$169M -$169M 6 0.12% Reduced
156
Primecap Management
Primecap Management
California
$168M -$9.14M 2 0.1% Reduced
157
Retirement Systems of Alabama
Retirement Systems of Alabama
Alabama
$168M -$8.79M 2 0.51% Reduced
158
Bessemer Group
Bessemer Group
New Jersey
$167M +$2.34M 6 0.23% Increased
159
NewEdge Advisors
NewEdge Advisors
Louisiana
$166M +$47.9M 5 0.5% Increased
160
Teacher Retirement System of Texas
Teacher Retirement System of Texas
Texas
$165M +$9.52M 3 0.44% Increased
161
Advisors Capital Management
Advisors Capital Management
New Jersey
$162M -$14.6M 2 1.71% Reduced
162
US Bancorp
US Bancorp
Minnesota
$161M -$3.28M 6 0.18% Reduced
163
Toronto Dominion Bank
Toronto Dominion Bank
Ontario, Canada
$160M +$38.2M 3 0.19% Increased
164
CIBC Asset Management
CIBC Asset Management
Ontario, Canada
$159M +$5.22M 3 0.35% Increased
165
Bridgewater Associates
Bridgewater Associates
Connecticut
$156M -$14.3M 2 0.64% Reduced
166
Ohio Public Employees Retirement System (OPERS)
Ohio Public Employees Retirement System (OPERS)
Ohio
$155M -$11M 4 0.46% Reduced
167
Davenport & Co
Davenport & Co
Virginia
$151M +$2.31M 4 0.74% Increased
168
Susquehanna International Group
Susquehanna International Group
Pennsylvania
$151M -$60.6M 8 0.01% Reduced
169
Exchange Traded Concepts
Exchange Traded Concepts
Oklahoma
$149M +$26.8M 3 0.68% Increased
170
M&T Bank
M&T Bank
New York
$149M -$1.67M 3 0.44% Reduced
171
Teachers Retirement System of the State of Kentucky
Teachers Retirement System of the State of Kentucky
Kentucky
$148M +$1.8M 5 1.01% Increased
172
State of Tennessee, Department of Treasury
State of Tennessee, Department of Treasury
Tennessee
$146M -$6.49M 3 0.43% Reduced
173
Ilex Capital Partners
Ilex Capital Partners
United Kingdom
$146M +$64.5M 1 2.99% Increased
174
Tidal Investments
Tidal Investments
Wisconsin
$144M +$91.4M 2 0.25% Increased
175
Zurich Cantonal Bank
Zurich Cantonal Bank
Switzerland
$142M +$4.92M 4 0.27% Increased