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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 2,353
Funds Holding Change -47
Funds Holding Growth -2%
Value $170B
Holding in Top 10 89
Top 10 Change +9
Top 10 Growth +11%
Value Growth -3%
New 128
Increased 1,039
Reduced 890
Closed 142
Capital Inflow $9.79B
Capital Outflow $8.2B
Net Capital Flow +$1.59B
Capital Flow Change -$512M
Calls $1.61B
Puts $1.36B
Net Calls +$255M
Put/Call Ratio 0.84