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
2,549
Funds Holding Change
+135
Funds Holding Growth
+6%
Value
$163B
Holding in Top 10
88
Top 10 Change
+2
Top 10 Growth
+2%
Value Growth
-0.2%
New
289
Increased
834
Reduced
1,141
Closed
118
Capital Inflow
$6.4B
Capital Outflow
$6.65B
Net Capital Flow
-$250M
Capital Flow Change
+$2.24B
Calls
$1.25B
Puts
$1.3B
Net Calls
-$49.6M
Put/Call Ratio
1.04