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
2,181
Funds Holding Change
-29
Funds Holding Growth
-1%
Value
$168B
Holding in Top 10
76
Top 10 Change
-5
Top 10 Growth
-6%
Value Growth
-5%
New
128
Increased
925
Reduced
835
Closed
125
Capital Inflow
$5.11B
Capital Outflow
$5.35B
Net Capital Flow
-$246M
Capital Flow Change
+$43.6M
Calls
$1.48B
Puts
$1.51B
Net Calls
-$30M
Put/Call Ratio
1.02