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
New
Increased
Maintained
Reduced
Closed
Funds Holding
1,738
Funds Holding Change
+72
Funds Holding Growth
+4%
Value
$172B
Holding in Top 10
150
Top 10 Change
+3
Top 10 Growth
+2%
Value Growth
+9%
New
157
Increased
634
Reduced
729
Closed
60
Capital Inflow
$5.49B
Capital Outflow
$4.71B
Net Capital Flow
+$776M
Capital Flow Change
-$2.8B
Calls
$1.1B
Puts
$962M
Net Calls
+$139M
Put/Call Ratio
0.87