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
3,266
Funds Holding Change
+122
Funds Holding Growth
+4%
Value
$306B
Holding in Top 10
142
Top 10 Change
-22
Top 10 Growth
-13%
Value Growth
+11%
New
274
Increased
1,434
Reduced
1,200
Closed
115
Capital Inflow
$15B
Capital Outflow
$12.9B
Net Capital Flow
+$2.09B
Capital Flow Change
-$2.79B
Calls
$3.29B
Puts
$2.71B
Net Calls
+$575M
Put/Call Ratio
0.83