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
2,378
Funds Holding Change
+197
Funds Holding Growth
+9%
Value
$170B
Holding in Top 10
71
Top 10 Change
-5
Top 10 Growth
-7%
Value Growth
+1%
New
335
Increased
895
Reduced
902
Closed
106
Capital Inflow
$6B
Capital Outflow
$6.81B
Net Capital Flow
-$814M
Capital Flow Change
-$567M
Calls
$1.25B
Puts
$1.33B
Net Calls
-$85.5M
Put/Call Ratio
1.07