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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
1
Capital Research Global Investors
Capital Research Global Investors
California
$14.7B -$18.4M 2 5.07% Reduced
2
Vanguard Group
Vanguard Group
Pennsylvania
$11.9B +$356M 4 0.93% Increased
3
State Street
State Street
Massachusetts
$8.4B +$71.5M 5 0.9% Increased
4
Capital World Investors
Capital World Investors
California
$5.8B -$2.96M 2 1.63% Reduced
5
BlackRock Institutional Trust
BlackRock Institutional Trust
California
$5.75B +$6.68M 4 0.96% Increased
6
Fidelity Investments
Fidelity Investments
Massachusetts
$4.95B -$196M 5 0.67% Reduced
7
Bank of New York Mellon
Bank of New York Mellon
New York
$3.77B -$229M 5 1.02% Reduced
8
BlackRock Fund Advisors
BlackRock Fund Advisors
California
$3.15B -$24.8M 4 0.89% Reduced
9
Northern Trust
Northern Trust
Illinois
$3B -$75.4M 5 0.94% Reduced
10
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$2.99B +$40.4M 2 4.07% Increased
11
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$2.98B -$39.5M 2 1.58% Reduced
12
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$2.47B -$22.9M 3 11.55% Reduced
13
Wellington Management Group
Wellington Management Group
Massachusetts
$2.27B +$44.4M 4 0.62% Increased
14
Ameriprise
Ameriprise
Minnesota
$2.12B -$51.4M 5 1.28% Reduced
15
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.98B +$320M 2 5.25% Increased
16
Morgan Stanley
Morgan Stanley
New York
$1.94B -$18M 5 0.75% Reduced
17
Bank of America
Bank of America
North Carolina
$1.86B -$100M 5 0.6% Reduced
18
JP Morgan Chase
JP Morgan Chase
New York
$1.85B +$184M 5 0.44% Increased
19
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$1.74B -$37.9M 4 0.38% Reduced
20
Geode Capital Management
Geode Capital Management
Massachusetts
$1.64B -$21.6M 5 1.06% Reduced
21
BlackRock Group
BlackRock Group
United Kingdom
$1.52B +$8.59M 4 0.88% Increased
22
Deutsche Bank
Deutsche Bank
Germany
$1.46B +$142M 5 0.91% Increased
23
Federated Hermes
Federated Hermes
Pennsylvania
$1.41B +$69.8M 5 4.53% Increased
24
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$1.32B -$70.8M 4 0.94% Reduced
25
Managed Account Advisors
Managed Account Advisors
New Jersey
$1.32B +$86.1M 4 1.47% Increased