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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
$14B -$974M 2 4.76% Reduced
2
Vanguard Group
Vanguard Group
Pennsylvania
$12.5B +$404M 4 0.9% Increased
3
State Street
State Street
Massachusetts
$8.96B +$430M 5 0.89% Increased
4
Capital World Investors
Capital World Investors
California
$6.17B +$435M 2 1.67% Increased
5
BlackRock Institutional Trust
BlackRock Institutional Trust
California
$5.85B +$12.7M 4 0.93% Increased
6
Fidelity Investments
Fidelity Investments
Massachusetts
$4.57B -$366M 4 0.59% Reduced
7
Bank of New York Mellon
Bank of New York Mellon
New York
$3.85B +$37.7M 5 1.01% Increased
8
BlackRock Fund Advisors
BlackRock Fund Advisors
California
$3.47B +$282M 4 0.86% Increased
9
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.05B +$31.8M 2 4.08% Increased
10
Northern Trust
Northern Trust
Illinois
$3.04B -$2.82M 5 0.92% Reduced
11
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$2.84B -$108M 2 1.44% Reduced
12
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$2.44B -$60.4M 3 11.57% Reduced
13
Ameriprise
Ameriprise
Minnesota
$2.1B -$70.5M 5 1.23% Reduced
14
Morgan Stanley
Morgan Stanley
New York
$2.03B +$112M 5 0.74% Increased
15
Grantham, Mayo, Van Otterloo & Co (GMO)
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$1.91B -$20.5M 2 5.15% Reduced
16
Wellington Management Group
Wellington Management Group
Massachusetts
$1.85B -$438M 4 0.49% Reduced
17
Geode Capital Management
Geode Capital Management
Massachusetts
$1.72B +$53.2M 5 1.02% Increased
18
JP Morgan Chase
JP Morgan Chase
New York
$1.69B -$183M 4 0.39% Reduced
19
BlackRock Group
BlackRock Group
United Kingdom
$1.62B +$70.2M 4 0.87% Increased
20
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$1.58B -$148M 4 0.34% Reduced
21
Federated Hermes
Federated Hermes
Pennsylvania
$1.4B -$40.1M 4 4.34% Reduced
22
Bank of America
Bank of America
North Carolina
$1.4B -$495M 5 0.5% Reduced
23
Deutsche Bank
Deutsche Bank
Germany
$1.38B -$110M 5 0.85% Reduced
24
Managed Account Advisors
Managed Account Advisors
New Jersey
$1.36B +$17.6M 4 1.35% Increased
25
Invesco
Invesco
Georgia
$1.26B +$417M 5 0.49% Increased