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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 3,144
Funds Holding Change +182
Funds Holding Growth +6%
Value $274B
Holding in Top 10 164
Top 10 Change +46
Top 10 Growth +39%
Value Growth +29%
New 341
Increased 1,321
Reduced 1,150
Closed 112
Capital Inflow $14.4B
Capital Outflow $9.52B
Net Capital Flow +$4.88B
Capital Flow Change +$3.99B
Calls $3.06B
Puts $2.28B
Net Calls +$776M
Put/Call Ratio 0.75