BRITISH AMERN TOB PLC BTI
SPONSORED ADR · ADR · CUSIP 110448107 · ISIN US1104481072
- SectorConsumer staples
- IndustryCigarettes
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($7.1m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $39.98. Options: 22 managers hold calls ($126.7m notional), 17 hold puts ($124.1m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 535 |
| Q4 2022 | 586 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $152.1m | $112.9m | 0.74 |
| Q4 2022 | $126.7m | $124.1m | 0.98 |
Biggest buyers
| Capital International Investors | Added | +8.2m |
| BlackRock Inc. | Added | +4.9m |
| Capital Research Global Investors | Added | +3.8m |
| Invesco Ltd. | New | +3.6m |
| TWO SIGMA INVESTMENTS, LP | Added | +1.5m |
| GQG Partners LLC | Added | +1.4m |
| TWO SIGMA ADVISERS, LP | Added | +1.1m |
| Capital World Investors | Added | +1.0m |
| Qube Research & Technologies Ltd | Added | +774.5k |
| RENAISSANCE TECHNOLOGIES LLC | Added | +333.9k |
Biggest sellers
| JPMORGAN CHASE & CO | Reduced | -1.4m |
| MORGAN STANLEY | Reduced | -897.1k |
| OLD MISSION CAPITAL LLC | Sold out | -623.2k |
| CANTOR FITZGERALD, L. P. | Sold out | -608.9k |
| Connor, Clark & Lunn Investment Management Ltd. | Reduced | -495.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -443.6k |
| JANE STREET GROUP, LLC | Reduced | -294.3k |
| Cullen Capital Management, LLC | Reduced | -251.5k |
| SIMPLEX TRADING, LLC | Reduced | -212.4k |
| Bank of New York Mellon Corp | Reduced | -173.6k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $33.7m842.9k shares |
| Optiver Holding B.V. | Reduced | $32.1m809.8k shares |
| Squarepoint Ops LLC | Added | $12.3m307.6k shares |
| GROUP ONE TRADING LLC | Added | $9.6m239.6k shares |
| Twin Tree Management, LP | Added | $9.0m225.2k shares |
| CITADEL ADVISORS LLC | Reduced | $6.9m172.1k shares |
| JANE STREET GROUP, LLC | Added | $4.6m114.0k shares |
| Quarry LP | First filing | $4.0m100.0k shares |
| PEAK6 Investments LLC | Added | $4.0m99.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $3.4m85.2k shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $32.1m802.5k shares |
| Optiver Holding B.V. | Reduced | $23.9m602.7k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $19.0m475.3k shares |
| Squarepoint Ops LLC | Added | $16.6m414.8k shares |
| SIMPLEX TRADING, LLC | Reduced | $13.2m329.0k shares |
| GROUP ONE TRADING LLC | Reduced | $5.5m138.7k shares |
| PEAK6 Investments LLC | Added | $4.6m114.3k shares |
| Walleye Trading LLC | Reduced | $3.9m97.1k shares |
| D. E. Shaw & Co., Inc. | Added | $2.2m56.0k shares |
| Twin Tree Management, LP | Reduced | $1.4m36.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Insider purchases and sales in Q4 2022
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported in Q4 2022.
Holders, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| GQG Partners LLC 3.75% of their portfolio | 34.7m $1.4bn | Added +1.4m |
| Capital International Investors 0.19% of their portfolio | 17.8m $710.9m | Added +8.2m |
| Orbis Allan Gray Ltd 4.03% of their portfolio | 12.7m $507.9m | Added +4.8k |
| Capital Research Global Investors 0.09% of their portfolio | 7.1m $283.9m | Added +3.8m |
| BANK OF AMERICA CORP /DE/ 0.03% of their portfolio | 6.5m $261.6m | Reduced -75.5k |
| BlackRock Inc. 0.01% of their portfolio | 6.1m $242.1m | Added +4.9m |
| Capital World Investors 0.05% of their portfolio | 5.9m $237.1m | Added +1.0m |
| MORGAN STANLEY 0.02% of their portfolio | 4.4m $175.3m | Reduced -897.1k |
| WELLS FARGO & COMPANY/MN 0.05% of their portfolio | 4.3m $170.0m | Added +100.0k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 3.6m $143.8m | Reduced -1.4m |
| Invesco Ltd. 0.04% of their portfolio | 3.6m $142.2m | New |
| RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio | 3.4m $137.6m | Added +64.9k |
| Newport Trust Company, LLC 0.37% of their portfolio | 3.3m $133.6m | Reduced -112.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 2.8m $111.1m | Added +177.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.15% of their portfolio | 2.7m $109.7m | Reduced -443.6k |
| FEDERATED HERMES, INC. 0.26% of their portfolio | 2.4m $95.2m | Added +21.9k |
| ROYAL BANK OF CANADA 0.03% of their portfolio | 2.2m $86.7m | Added +32.0k |
| TWO SIGMA INVESTMENTS, LP 0.25% of their portfolio | 1.9m $77.7m | Added +1.5m |
| GOLDMAN SACHS GROUP INC 0.02% of their portfolio | 1.9m $76.3m | Added +146.6k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.8m $70.0m | Reduced -173.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.7m $68.8m | Reduced -118.3k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.33% of their portfolio | 1.5m $61.3m | Reduced -50.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 1.5m $60.5m | Added +26.1k |
| LPL Financial LLC 0.05% of their portfolio | 1.4m $57.6m | Added +196.4k |
| NATIXIS ADVISORS, LLC 0.20% of their portfolio | 1.3m $52.4m | Added +265.3k |
| TWO SIGMA ADVISERS, LP 0.15% of their portfolio | 1.3m $52.0m | Added +1.1m |
| STATE STREET CORP 0.00% of their portfolio | 1.3m $51.3m | Added +21.1k |
| FMR LLC 0.00% of their portfolio | 1.3m $50.2m | Added +84.1k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.23% of their portfolio | 1.0m $41.2m | Reduced -28.7k |
| Cullen Capital Management, LLC 0.53% of their portfolio | 1.0m $41.1m | Reduced -251.5k |
| TRUIST FINANCIAL CORP 0.07% of their portfolio | 922.8k $36.9m | Added +12.3k |
| Qube Research & Technologies Ltd 0.19% of their portfolio | 805.4k $32.2m | Added +774.5k |
| Clark Capital Management Group, Inc. 0.29% of their portfolio | 786.0k $31.4m | Added +29.2k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 760.4k $30.4m | Added +333.9k |
| UBS Group AG 0.01% of their portfolio | 725.7k $29.0m | Reduced -55.2k |
| STIFEL FINANCIAL CORP 0.04% of their portfolio | 679.4k $27.2m | Added +22.2k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 611.3k $24.4m | Added +133.4k |
| ASSETMARK, INC 0.10% of their portfolio | 603.6k $24.1m | Added +20.3k |
| TODD ASSET MANAGEMENT LLC 0.58% of their portfolio | 599.9k $24.0m | Added +66.9k |
| OSAIC HOLDINGS, INC. 0.05% of their portfolio | 591.9k $23.7m | Added +83.0k |
| Pacer Advisors, Inc. 0.12% of their portfolio | 584.3k $23.4m | Added +215.0k |
| Euro Pacific Asset Management, LLC 5.02% of their portfolio | 557.8k $22.4m | Reduced -3.4k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio | 418.8k $16.7m | Added +68.0k |
| Capital Group Private Client Services, Inc. 0.19% of their portfolio | 381.0k $15.2m | Added +2.2k |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 5.55% of their portfolio | 331.7k $13.3m | Added +8.6k |
| Epoch Investment Partners, Inc. 0.08% of their portfolio | 327.5k $13.1m | Added +6.0k |
| First Eagle Investment Management, LLC 0.04% of their portfolio | 327.4k $13.1m | Added +70.8k |
| WINMILL & CO. INC 4.37% of their portfolio | 300.0k $12.0m | Unchanged |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 299.1k $12.0m | Added +42.4k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio | 295.5k $11.8m | Reduced -11.0k |
| CIBC WORLD MARKET INC. 0.04% of their portfolio | 281.3k $11.2m | Added +6.3k |
| EPACRIA CAPITAL PARTNERS, LLC 8.17% of their portfolio | 258.5k $10.3m | First filing |
| GROUP ONE TRADING LLC 0.33% of their portfolio | 246.5k $9.9m | Added +47.1k |
| Boston Partners 0.01% of their portfolio | 246.2k $9.8m | Reduced -663 |
| FINANCIAL COUNSELORS INC 0.19% of their portfolio | 214.9k $8.6m | Reduced -4.5k |
| BANK OF MONTREAL /CAN/ 0.00% of their portfolio | 206.8k $8.3m | Reduced -156.9k |
| MML INVESTORS SERVICES, LLC 0.05% of their portfolio | 200.1k $8.0m | Added +23.9k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 200.1k $8.0m | Added +2.3k |
| U.S. Capital Wealth Advisors, LLC 0.37% of their portfolio | 199.7k $8.0m | Reduced -957 |
| Zions Bancorporation, N.A. 0.63% of their portfolio | 198.3k $7.9m | Added +18.4k |
| TD PRIVATE CLIENT WEALTH LLC 0.36% of their portfolio | 188.4k $7.5m | Added +6.1k |
| Kennon-Green & Company, LLC 7.43% of their portfolio | 186.4k $7.5m | First filing |
| CAUSEWAY CAPITAL MANAGEMENT LLC 0.21% of their portfolio | 185.2k $7.4m | Reduced -83.6k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 181.8k $7.3m | Added +528 |
| Keystone Financial Planning, Inc. 2.43% of their portfolio | 180.7k $7.2m | Reduced -1.2k |
| Privium Fund Management (UK) Ltd 5.49% of their portfolio | 180.3k $7.2m | Added +53.0k |
| Employees Retirement System of Texas 0.10% of their portfolio | 178.3k $7.1m | Added +3.4k |
| Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio | 168.7k $6.7m | Reduced -7.9k |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 162.3k $6.5m | Added +3.7k |
| Manning & Napier Group, LLC 0.08% of their portfolio | 155.9k $6.2m | Reduced -4.8k |
| CIBC Asset Management Inc 0.03% of their portfolio | 155.0k $6.2m | Added +44.1k |
| WEXFORD CAPITAL LP 1.24% of their portfolio | 150.9k $6.0m | Added +8.2k |
| J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio | 142.8k $5.7m | Added +9.1k |
| HENNESSY ADVISORS INC 0.37% of their portfolio | 140.9k $5.6m | Reduced -2.6k |
| DRW Securities, LLC 1.14% of their portfolio | 139.8k $5.6m | First filing |
| Cetera Advisor Networks LLC 0.05% of their portfolio | 139.3k $5.6m | Added +60.7k |
| VALICENTI ADVISORY SERVICES INC 2.02% of their portfolio | 138.4k $5.5m | Reduced -95 |
| DAVENPORT & Co LLC 0.05% of their portfolio | 138.2k $5.5m | Added +14.6k |
| Altrius Capital Management Inc 1.72% of their portfolio | 137.5k $5.5m | Added +3.3k |
| CALIFORNIA FIRST LEASING CORP 3.80% of their portfolio | 136.7k $5.5m | Unchanged |
| MILLER HOWARD INVESTMENTS INC /NY 0.20% of their portfolio | 135.0k $5.4m | Unchanged |
| AUXIER ASSET MANAGEMENT LLC 0.92% of their portfolio | 133.8k $5.3m | Added +28.5k |
| MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio | 130.8k $5.2m | Added +2.2k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 125.9k $5.0m | Added +23.9k |
| VIKING FUND MANAGEMENT LLC 0.99% of their portfolio | 125.0k $5.0m | Added +10.0k |
| Schonfeld Strategic Advisors LLC 0.04% of their portfolio | 122.3k $4.9m | New |
| OPPENHEIMER ASSET MANAGEMENT INC. 0.08% of their portfolio | 122.2k $4.9m | Reduced -11.7k |
| COMERICA BANK 0.04% of their portfolio | 120.4k $4.6m | Added +14.7k |
| CWA Asset Management Group, LLC 0.38% of their portfolio | 115.8k $4.6m | Reduced -93.7k |
| SEVEN EIGHT CAPITAL, LP 1.19% of their portfolio | 114.3k $4.6m | Added +22.1k |
| HighTower Advisors, LLC 0.01% of their portfolio | 109.7k $4.4m | Reduced -2.5k |
| Insight Folios Inc 1.98% of their portfolio | 109.6k $4.4m | Added +103.5k |
| Poehling Capital Management, INC. 1.63% of their portfolio | 108.8k $4.3m | Added +4.4k |
| STEPHENS INC /AR/ 0.09% of their portfolio | 107.3k $4.3m | Reduced -91.4k |
| NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio | 106.3k $4.2m | Added +3.6k |
| Atria Investments, Inc 0.09% of their portfolio | 105.3k $4.2m | Added +8.4k |
| Oliver Luxxe Assets LLC 1.17% of their portfolio | 104.6k $4.2m | Added +2.0k |
| SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio | 102.5k $4.1m | Added +8.9k |
| HSBC HOLDINGS PLC 0.00% of their portfolio | 100.0k $4.0m | Added +78.2k |
| Cetera Investment Advisers 0.04% of their portfolio | 96.2k $3.8m | Added +25.9k |