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
Increased
Reduced
Net increased
Funds Holding
1,784
Funds Holding Change
-23
Funds Holding Growth
-1%
Value
$189B
Holding in Top 10
139
Top 10 Change
-55
Top 10 Growth
-28%
Value Growth
-6%
New
57
Increased
691
Reduced
789
Closed
61
Capital Inflow
$6.59B
Capital Outflow
$7.05B
Net Capital Flow
-$456M
Capital Flow Change
-$1.79B
Calls
$1.31B
Puts
$1.55B
Net Calls
-$242M
Put/Call Ratio
1.18