Vault-13

BRITISH AMERN TOB PLC BTI

SPONSORED ADR · ADR · CUSIP 110448107 · ISIN US1104481072

586 institutional holders +51 vs Q3 2022
168,998,069169.0m shares reported held*
$6.8bnreported value*
76 new 231 added 171 reduced 49 sold out net bought ≈ $911.1m (+22.8m shares)

* 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

0200400600Q3 22: 535Q4 22: 586586Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022535
Q4 2022586

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $152.1mQ3 22 puts: $112.9mQ3 22P/C 0.74Q4 22 calls: $126.7mQ4 22 puts: $124.1mQ4 22P/C 0.98
Numbers
QuarterCallsPutsP/C
Q3 2022$152.1m$112.9m0.74
Q4 2022$126.7m$124.1m0.98

Biggest buyers

Capital International Investors Added +8,244,667+8.2m
BlackRock Inc. Added +4,924,446+4.9m
Capital Research Global Investors Added +3,785,568+3.8m
Invesco Ltd. New +3,556,143+3.6m
TWO SIGMA INVESTMENTS, LP Added +1,537,627+1.5m
GQG Partners LLC Added +1,415,868+1.4m
TWO SIGMA ADVISERS, LP Added +1,062,700+1.1m
Capital World Investors Added +1,006,419+1.0m
Qube Research & Technologies Ltd Added +774,522+774.5k
RENAISSANCE TECHNOLOGIES LLC Added +333,887+333.9k

Biggest sellers

JPMORGAN CHASE & CO Reduced -1,447,194-1.4m
MORGAN STANLEY Reduced -897,051-897.1k
OLD MISSION CAPITAL LLC Sold out -623,188-623.2k
CANTOR FITZGERALD, L. P. Sold out -608,884-608.9k
Connor, Clark & Lunn Investment Management Ltd. Reduced -495,835-495.8k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Reduced -443,573-443.6k
JANE STREET GROUP, LLC Reduced -294,256-294.3k
Cullen Capital Management, LLC Reduced -251,493-251.5k
SIMPLEX TRADING, LLC Reduced -212,410-212.4k
Bank of New York Mellon Corp Reduced -173,554-173.6k

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

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GQG Partners LLC 3.75% of their portfolio FT. LAUDERDALE, FL 34,667,65934.7m $1.4bn $1.4bn 3.75% Added +1.4m +1,415,868
2 Capital International Investors 0.19% of their portfolio Los Angeles, CA 17,781,65917.8m $710.9m $710.9m 0.19% Added +8.2m +8,244,667
3 Orbis Allan Gray Ltd 4.03% of their portfolio HamiltoN, D0 12,704,61112.7m $507.9m $507.9m 4.03% Added +4.8k +4,780
4 Capital Research Global Investors 0.09% of their portfolio Los Angeles, CA 7,101,1267.1m $283.9m $283.9m 0.09% Added +3.8m +3,785,568
5 BANK OF AMERICA CORP /DE/ 0.03% of their portfolio CHARLOTTE, NC 6,543,1396.5m $261.6m $261.6m 0.03% Reduced -75.5k -75,470
6 BlackRock Inc. 0.01% of their portfolio New York, NY 6,056,6836.1m $242.1m $242.1m 0.01% Added +4.9m +4,924,446
7 Capital World Investors 0.05% of their portfolio LOS ANGELES, CA 5,930,6895.9m $237.1m $237.1m 0.05% Added +1.0m +1,006,419
8 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 4,384,0074.4m $175.3m $175.3m 0.02% Reduced -897.1k -897,051
9 WELLS FARGO & COMPANY/MN 0.05% of their portfolio SAN FRANCISCO, CA 4,252,8504.3m $170.0m $170.0m 0.05% Added +100.0k +100,049
10 JPMORGAN CHASE & CO 0.02% of their portfolio NEW YORK, NY 3,596,5743.6m $143.8m $143.8m 0.02% Reduced -1.4m -1,447,194
11 Invesco Ltd. 0.04% of their portfolio ATLANTA, GA 3,556,1433.6m $142.2m $142.2m 0.04% New
12 RAYMOND JAMES & ASSOCIATES 0.13% of their portfolio ST PETERSBURG, FL 3,442,5943.4m $137.6m $137.6m 0.13% Added +64.9k +64,925
13 Newport Trust Company, LLC 0.37% of their portfolio Washington, DC 3,340,5233.3m $133.6m $133.6m 0.37% Reduced -112.0k -112,041
14 ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio Berwyn, PA 2,777,9392.8m $111.1m $111.1m 0.06% Added +177.2k +177,237
15 ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.15% of their portfolio BOSTON, MA 2,744,3372.7m $109.7m $109.7m 0.15% Reduced -443.6k -443,573
16 FEDERATED HERMES, INC. 0.26% of their portfolio PITTSBURGH, PA 2,380,9002.4m $95.2m $95.2m 0.26% Added +21.9k +21,878
17 ROYAL BANK OF CANADA 0.03% of their portfolio TORONTO, A6 2,168,0732.2m $86.7m $86.7m 0.03% Added +32.0k +32,000
18 TWO SIGMA INVESTMENTS, LP 0.25% of their portfolio NEW YORK, NY 1,942,9911.9m $77.7m $77.7m 0.25% Added +1.5m +1,537,627
19 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,908,4391.9m $76.3m $76.3m 0.02% Added +146.6k +146,582
20 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 1,751,7461.8m $70.0m $70.0m 0.02% Reduced -173.6k -173,554
21 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,721,2601.7m $68.8m $68.8m 0.01% Reduced -118.3k -118,258
22 Grantham, Mayo, Van Otterloo & Co. LLC 0.33% of their portfolio Boston, MA 1,533,4001.5m $61.3m $61.3m 0.33% Reduced -50.1k -50,058
23 DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio AUSTIN, TX 1,512,5901.5m $60.5m $60.5m 0.02% Added +26.1k +26,145
24 LPL Financial LLC 0.05% of their portfolio FORT MILL, SC 1,440,4321.4m $57.6m $57.6m 0.05% Added +196.4k +196,409
25 NATIXIS ADVISORS, LLC 0.20% of their portfolio Boston, MA 1,311,3111.3m $52.4m $52.4m 0.20% Added +265.3k +265,292
26 TWO SIGMA ADVISERS, LP 0.15% of their portfolio NEW YORK, NY 1,299,9001.3m $52.0m $52.0m 0.15% Added +1.1m +1,062,700
27 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 1,263,0641.3m $51.3m $51.3m 0.00% Added +21.1k +21,135
28 FMR LLC 0.00% of their portfolio BOSTON, MA 1,254,5771.3m $50.2m $50.2m 0.00% Added +84.1k +84,057
29 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.23% of their portfolio JUPITER, FL 1,030,6201.0m $41.2m $41.2m 0.23% Reduced -28.7k -28,673
30 Cullen Capital Management, LLC 0.53% of their portfolio New York, NY 1,026,9081.0m $41.1m $41.1m 0.53% Reduced -251.5k -251,493
31 TRUIST FINANCIAL CORP 0.07% of their portfolio CHARLOTTE, NC 922,762922.8k $36.9m $36.9m 0.07% Added +12.3k +12,322
32 Qube Research & Technologies Ltd 0.19% of their portfolio LONDON, X0 805,423805.4k $32.2m $32.2m 0.19% Added +774.5k +774,522
33 Clark Capital Management Group, Inc. 0.29% of their portfolio PHILADELPHIA, PA 786,039786.0k $31.4m $31.4m 0.29% Added +29.2k +29,159
34 RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio NEW YORK, NY 760,386760.4k $30.4m $30.4m 0.04% Added +333.9k +333,887
35 UBS Group AG 0.01% of their portfolio ZURICH, V8 725,665725.7k $29.0m $29.0m 0.01% Reduced -55.2k -55,199
36 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 679,435679.4k $27.2m $27.2m 0.04% Added +22.2k +22,232
37 CITADEL ADVISORS LLC 0.03% of their portfolio MIAMI, FL 611,254611.3k $24.4m $24.4m 0.03% Added +133.4k +133,407
38 ASSETMARK, INC 0.10% of their portfolio CONCORD, CA 603,572603.6k $24.1m $24.1m 0.10% Added +20.3k +20,302
39 TODD ASSET MANAGEMENT LLC 0.58% of their portfolio Louisville, KY 599,912599.9k $24.0m $24.0m 0.58% Added +66.9k +66,900
40 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 591,862591.9k $23.7m $23.7m 0.05% Added +83.0k +83,008
41 Pacer Advisors, Inc. 0.12% of their portfolio Malvern, PA 584,331584.3k $23.4m $23.4m 0.12% Added +215.0k +215,025
42 Euro Pacific Asset Management, LLC 5.02% of their portfolio DORADO, PR 557,848557.8k $22.4m $22.4m 5.02% Reduced -3.4k -3,416
43 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.18% of their portfolio FRANKFORT, KY 418,820418.8k $16.7m $16.7m 0.18% Added +68.0k +68,000
44 Capital Group Private Client Services, Inc. 0.19% of their portfolio Los Angeles, CA 380,991381.0k $15.2m $15.2m 0.19% Added +2.2k +2,152
45 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 5.55% of their portfolio GREENWOOD VILLAGE, CO 331,669331.7k $13.3m $13.3m 5.55% Added +8.6k +8,588
46 Epoch Investment Partners, Inc. 0.08% of their portfolio New York, NY 327,503327.5k $13.1m $13.1m 0.08% Added +6.0k +5,961
47 First Eagle Investment Management, LLC 0.04% of their portfolio NEW YORK, NY 327,373327.4k $13.1m $13.1m 0.04% Added +70.8k +70,799
48 WINMILL & CO. INC 4.37% of their portfolio WALPOLE, NH 300,000300.0k $12.0m $12.0m 4.37% Unchanged
49 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 299,138299.1k $12.0m $12.0m 0.00% Added +42.4k +42,441
50 COMMONWEALTH EQUITY SERVICES, LLC 0.03% of their portfolio WALTHAM, MA 295,518295.5k $11.8m $11.8m 0.03% Reduced -11.0k -10,962
51 CIBC WORLD MARKET INC. 0.04% of their portfolio TORONTO, A6 281,297281.3k $11.2m $11.2m 0.04% Added +6.3k +6,262
52 EPACRIA CAPITAL PARTNERS, LLC 8.17% of their portfolio BOULDER, CO 258,529258.5k $10.3m $10.3m 8.17% First filing
53 GROUP ONE TRADING LLC 0.33% of their portfolio CHICAGO, IL 246,476246.5k $9.9m $9.9m 0.33% Added +47.1k +47,055
54 Boston Partners 0.01% of their portfolio BOSTON, MA 246,243246.2k $9.8m $9.8m 0.01% Reduced -663 -663
55 FINANCIAL COUNSELORS INC 0.19% of their portfolio Overland Park, KS 214,866214.9k $8.6m $8.6m 0.19% Reduced -4.5k -4,454
56 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 206,777206.8k $8.3m $8.3m 0.00% Reduced -156.9k -156,929
57 MML INVESTORS SERVICES, LLC 0.05% of their portfolio SPRINGFIELD, MA 200,096200.1k $8.0m $8.0m 0.05% Added +23.9k +23,917
58 Russell Investments Group, Ltd. 0.02% of their portfolio Seattle, WA 200,088200.1k $8.0m $8.0m 0.02% Added +2.3k +2,313
59 U.S. Capital Wealth Advisors, LLC 0.37% of their portfolio AUSTIN, TX 199,672199.7k $8.0m $8.0m 0.37% Reduced -957 -957
60 Zions Bancorporation, N.A. 0.63% of their portfolio SALT LAKE CITY, UT 198,272198.3k $7.9m $7.9m 0.63% Added +18.4k +18,400
61 TD PRIVATE CLIENT WEALTH LLC 0.36% of their portfolio NEW YORK, NY 188,428188.4k $7.5m $7.5m 0.36% Added +6.1k +6,067
62 Kennon-Green & Company, LLC 7.43% of their portfolio NEW ALBANY, OH 186,426186.4k $7.5m $7.5m 7.43% First filing
63 CAUSEWAY CAPITAL MANAGEMENT LLC 0.21% of their portfolio LOS ANGELES, CA 185,204185.2k $7.4m $7.4m 0.21% Reduced -83.6k -83,624
64 PNC Financial Services Group, Inc. 0.01% of their portfolio Pittsburgh, PA 181,789181.8k $7.3m $7.3m 0.01% Added +528 +528
65 Keystone Financial Planning, Inc. 2.43% of their portfolio CLEVELAND, OH 180,710180.7k $7.2m $7.2m 2.43% Reduced -1.2k -1,196
66 Privium Fund Management (UK) Ltd 5.49% of their portfolio LONDON, X0 180,278180.3k $7.2m $7.2m 5.49% Added +53.0k +52,995
67 Employees Retirement System of Texas 0.10% of their portfolio AUSTIN, TX 178,330178.3k $7.1m $7.1m 0.10% Added +3.4k +3,383
68 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 168,669168.7k $6.7m $6.7m 0.01% Reduced -7.9k -7,889
69 Janney Montgomery Scott LLC 0.03% of their portfolio PHILADELPHIA, PA 162,338162.3k $6.5m $6.5m 0.03% Added +3.7k +3,694
70 Manning & Napier Group, LLC 0.08% of their portfolio Fairport, NY 155,885155.9k $6.2m $6.2m 0.08% Reduced -4.8k -4,782
71 CIBC Asset Management Inc 0.03% of their portfolio TORONTO, Z4 155,013155.0k $6.2m $6.2m 0.03% Added +44.1k +44,139
72 WEXFORD CAPITAL LP 1.24% of their portfolio WEST PALM BEACH, FL 150,856150.9k $6.0m $6.0m 1.24% Added +8.2k +8,157
73 J.P. Morgan Private Wealth Advisors LLC 0.01% of their portfolio SAN FRANCISCO, CA 142,771142.8k $5.7m $5.7m 0.01% Added +9.1k +9,125
74 HENNESSY ADVISORS INC 0.37% of their portfolio NOVATO, CA 140,900140.9k $5.6m $5.6m 0.37% Reduced -2.6k -2,600
75 DRW Securities, LLC 1.14% of their portfolio CHICAGO, IL 139,798139.8k $5.6m $5.6m 1.14% First filing
76 Cetera Advisor Networks LLC 0.05% of their portfolio EL SEGUNDO, CA 139,327139.3k $5.6m $5.6m 0.05% Added +60.7k +60,719
77 VALICENTI ADVISORY SERVICES INC 2.02% of their portfolio ELMIRA, NY 138,372138.4k $5.5m $5.5m 2.02% Reduced -95 -95
78 DAVENPORT & Co LLC 0.05% of their portfolio RICHMOND, VA 138,246138.2k $5.5m $5.5m 0.05% Added +14.6k +14,638
79 Altrius Capital Management Inc 1.72% of their portfolio NEW BERN, NC 137,489137.5k $5.5m $5.5m 1.72% Added +3.3k +3,344
80 CALIFORNIA FIRST LEASING CORP 3.80% of their portfolio NEWPORT BEACH, CA 136,700136.7k $5.5m $5.5m 3.80% Unchanged
81 MILLER HOWARD INVESTMENTS INC /NY 0.20% of their portfolio KINGSTON, NY 135,000135.0k $5.4m $5.4m 0.20% Unchanged
82 AUXIER ASSET MANAGEMENT LLC 0.92% of their portfolio AURORA, OR 133,760133.8k $5.3m $5.3m 0.92% Added +28.5k +28,500
83 MERCER GLOBAL ADVISORS INC /ADV 0.03% of their portfolio DENVER, CO 130,785130.8k $5.2m $5.2m 0.03% Added +2.2k +2,173
84 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 125,896125.9k $5.0m $5.0m 0.01% Added +23.9k +23,943
85 VIKING FUND MANAGEMENT LLC 0.99% of their portfolio MINOT, ND 125,000125.0k $5.0m $5.0m 0.99% Added +10.0k +10,000
86 Schonfeld Strategic Advisors LLC 0.04% of their portfolio NEW YORK, NY 122,300122.3k $4.9m $4.9m 0.04% New
87 OPPENHEIMER ASSET MANAGEMENT INC. 0.08% of their portfolio NEW YORK, NY 122,173122.2k $4.9m $4.9m 0.08% Reduced -11.7k -11,662
88 COMERICA BANK 0.04% of their portfolio DALLAS, TX 120,386120.4k $4.6m $4.6m 0.04% Added +14.7k +14,687
89 CWA Asset Management Group, LLC 0.38% of their portfolio NAPLES, FL 115,789115.8k $4.6m $4.6m 0.38% Reduced -93.7k -93,743
90 SEVEN EIGHT CAPITAL, LP 1.19% of their portfolio New York, NY 114,267114.3k $4.6m $4.6m 1.19% Added +22.1k +22,107
91 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 109,746109.7k $4.4m $4.4m 0.01% Reduced -2.5k -2,478
92 Insight Folios Inc 1.98% of their portfolio Charlotte, NC 109,644109.6k $4.4m $4.4m 1.98% Added +103.5k +103,456
93 Poehling Capital Management, INC. 1.63% of their portfolio MADISON, WI 108,804108.8k $4.3m $4.3m 1.63% Added +4.4k +4,435
94 STEPHENS INC /AR/ 0.09% of their portfolio LITTLE ROCK, AR 107,349107.3k $4.3m $4.3m 0.09% Reduced -91.4k -91,374
95 NATIONAL BANK OF CANADA /FI/ 0.01% of their portfolio MONTREAL, A8 106,290106.3k $4.2m $4.2m 0.01% Added +3.6k +3,559
96 Atria Investments, Inc 0.09% of their portfolio Charlotte, NC 105,292105.3k $4.2m $4.2m 0.09% Added +8.4k +8,356
97 Oliver Luxxe Assets LLC 1.17% of their portfolio GLADSTONE, NJ 104,557104.6k $4.2m $4.2m 1.17% Added +2.0k +1,959
98 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio NEW YORK, NY 102,522102.5k $4.1m $4.1m 0.03% Added +8.9k +8,910
99 HSBC HOLDINGS PLC 0.00% of their portfolio LONDON, X0 100,049100.0k $4.0m $4.0m 0.00% Added +78.2k +78,242
100 Cetera Investment Advisers 0.04% of their portfolio SCHAUMBURG, IL 96,15896.2k $3.8m $3.8m 0.04% Added +25.9k +25,902