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
1,937
Funds Holding Change
-176
Funds Holding Growth
-8%
Value
$137B
Holding in Top 10
80
Top 10 Change
+7
Top 10 Growth
+10%
Value Growth
-17%
New
85
Increased
690
Reduced
965
Closed
229
Capital Inflow
$9.08B
Capital Outflow
$7.31B
Net Capital Flow
+$1.77B
Capital Flow Change
+$277M
Calls
$850M
Puts
$971M
Net Calls
-$121M
Put/Call Ratio
1.14