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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
Vanguard Group
Vanguard Group
Pennsylvania
$17.4B +$606M 4 1.13% Increased
2
Capital Research Global Investors
Capital Research Global Investors
California
$13.3B -$266M 2 4.57% Reduced
3
State Street
State Street
Massachusetts
$10.3B +$244M 5 1.11% Increased
4
Capital World Investors
Capital World Investors
California
$9.63B +$118M 2 2.66% Increased
5
BlackRock Institutional Trust
BlackRock Institutional Trust
California
$7.21B +$105M 5 1.19% Increased
6
Bank of America
Bank of America
North Carolina
$4.46B -$4.76M 5 1.09% Reduced
7
BlackRock Fund Advisors
BlackRock Fund Advisors
California
$4.45B -$96.3M 4 1.03% Reduced
8
Fidelity Investments
Fidelity Investments
Massachusetts
$4.42B -$121M 5 0.61% Reduced
9
T. Rowe Price Associates
T. Rowe Price Associates
Maryland
$4.42B +$1.26B 4 0.94% Increased
10
Bank of New York Mellon
Bank of New York Mellon
New York
$4B -$255M 5 1.21% Reduced
11
Northern Trust
Northern Trust
Illinois
$3.45B +$58.4M 5 1.14% Increased
12
Barrow, Hanley, Mewhinney & Strauss
Barrow, Hanley, Mewhinney & Strauss
Texas
$3.31B -$282M 3 5.05% Reduced
13
Massachusetts Financial Services
Massachusetts Financial Services
Massachusetts
$3.26B -$96.8M 2 1.69% Reduced
14
Ameriprise
Ameriprise
Minnesota
$3.17B -$109M 5 1.89% Reduced
15
Fayez Sarofim & Co
Fayez Sarofim & Co
Texas
$2.7B -$25.6M 3 15.49% Reduced
16
Morgan Stanley
Morgan Stanley
New York
$2.59B -$73.3M 5 1% Reduced
17
Wellington Management Group
Wellington Management Group
Massachusetts
$2.42B +$182M 4 0.64% Increased
18
Geode Capital Management
Geode Capital Management
Massachusetts
$2.27B +$45.3M 5 1.21% Increased
19
BlackRock Group
BlackRock Group
United Kingdom
$2.14B -$13.9M 4 1.15% Reduced
20
JP Morgan Chase
JP Morgan Chase
New York
$2.03B -$164M 5 0.52% Reduced
21
Capital International Investors
Capital International Investors
California
$1.93B +$54.7M 2 2.95% Increased
22
Invesco
Invesco
Georgia
$1.91B -$113M 5 0.78% Reduced
23
Federated Hermes
Federated Hermes
Pennsylvania
$1.86B +$51.3M 4 5.78% Increased
24
Deutsche Bank
Deutsche Bank
Germany
$1.8B -$99.1M 5 1.36% Reduced
25
TIAA CREF Investment Management
TIAA CREF Investment Management
New York
$1.51B +$189M 4 1.15% Increased