Vault-13

BRITISH AMERN TOB PLC BTI

SPONSORED ADR · ADR · CUSIP 110448107 · ISIN US1104481072

564 institutional holders -9 vs Q1 2024
158,839,547158.8m shares reported held*
$4.9bnreported value*
66 new 246 added 168 reduced 74 sold out net sold ≈ $27.1m (-875.4k 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 ($2.4m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $30.98. Options: 26 managers hold calls ($149.1m notional), 22 hold puts ($184.5m).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

0200400600Q3 22: 535Q4 22: 586Q1 23: 574Q2 23: 573Q3 23: 554Q4 23: 551Q1 24: 573Q2 24: 564564Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022535
Q4 2022586
Q1 2023574
Q2 2023573
Q3 2023554
Q4 2023551
Q1 2024573
Q2 2024564

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
4000400Q4 22: 307 bought or addedQ4 22: 220 cut or sold outQ4 22Q1 23: 323 bought or addedQ1 23: 229 cut or sold outQ2 23: 263 bought or addedQ2 23: 283 cut or sold outQ2 23Q3 23: 271 bought or addedQ3 23: 231 cut or sold outQ4 23: 219 bought or addedQ4 23: 313 cut or sold outQ4 23Q1 24: 314 bought or addedQ1 24: 231 cut or sold outQ2 24: 312 bought or addedQ2 24: 242 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022307220
Q1 2023323229
Q2 2023263283
Q3 2023271231
Q4 2023219313
Q1 2024314231
Q2 2024312242

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 23 calls: $121.4mQ3 23 puts: $166.5mQ3 23P/C 1.37Q4 23 calls: $129.7mQ4 23 puts: $150.4mQ4 23P/C 1.16Q1 24 calls: $137.1mQ1 24 puts: $168.0mQ1 24P/C 1.23Q2 24 calls: $149.1mQ2 24 puts: $184.5mQ2 24P/C 1.24
Numbers
QuarterCallsPutsP/C
Q3 2023$121.4m$166.5m1.37
Q4 2023$129.7m$150.4m1.16
Q1 2024$137.1m$168.0m1.23
Q2 2024$149.1m$184.5m1.24

Biggest buyers

Capital International Investors Added +6,424,205+6.4m
BlackRock Inc. Added +2,315,154+2.3m
FMR LLC Added +1,609,786+1.6m
BARCLAYS PLC Added +1,550,828+1.6m
FIRST TRUST ADVISORS LP New +1,418,964+1.4m
CITADEL ADVISORS LLC Added +711,316+711.3k
NATIXIS ADVISORS, LLC Added +614,634+614.6k
Mondrian Investment Partners LTD New +534,000+534.0k
KIZE CAPITAL LP New +350,000+350.0k
GATEWAY INVESTMENT ADVISERS LLC Added +259,509+259.5k

Biggest sellers

MORGAN STANLEY Reduced -13,897,578-13.9m
Grantham, Mayo, Van Otterloo & Co. LLC Sold out -1,193,238-1.2m
Capital World Investors Reduced -874,505-874.5k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -547,584-547.6k
Cubist Systematic Strategies, LLC Reduced -545,228-545.2k
Qube Research & Technologies Ltd Sold out -504,472-504.5k
TWO SIGMA ADVISERS, LP Reduced -379,300-379.3k
JPMORGAN CHASE & CO Reduced -291,714-291.7k
Orbis Allan Gray Ltd Reduced -251,500-251.5k
WELLS FARGO & COMPANY/MN Reduced -203,810-203.8k

Biggest calls

Optiver Holding B.V. Added $35.0m1.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $28.1m907.3k shares
CITADEL ADVISORS LLC Added $16.7m539.2k shares
UBS Group AG Reduced $13.8m445.0k shares
GROUP ONE TRADING LLC Reduced $8.2m263.6k shares
SIMPLEX TRADING, LLC Added $7.1m228.3k shares
Twin Tree Management, LP Added $6.1m198.1k shares
WOLVERINE TRADING, LLC Added $4.9m159.2k shares
JANE STREET GROUP, LLC New $4.0m130.1k shares
Parallax Volatility Advisers, L.P. New $2.8m91.0k shares

Biggest puts

Optiver Holding B.V. Added $71.4m2.3m shares
CITADEL ADVISORS LLC Added $22.0m711.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $16.9m545.3k shares
SIMPLEX TRADING, LLC Added $14.5m469.5k shares
D. E. Shaw & Co., Inc. Reduced $8.4m272.5k shares
Walleye Capital LLC Added $7.4m237.8k shares
JANE STREET GROUP, LLC Added $6.5m208.9k shares
READYSTATE ASSET MANAGEMENT LP Added $5.5m178.8k shares
MILLENNIUM MANAGEMENT LLC Added $5.3m169.9k shares
GTS SECURITIES LLC Added $3.9m126.8k 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 Q2 2024

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 Q2 2024.

Holders, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Capital International Investors 0.17% of their portfolio Los Angeles, CA 26,392,30826.4m $818.2m $818.2m 0.17% Added +6.4m +6,424,205
2 BlackRock Inc. 0.01% of their portfolio New York, NY 20,048,44620.0m $620.1m $620.1m 0.01% Added +2.3m +2,315,154
3 Capital Research Global Investors 0.10% of their portfolio Los Angeles, CA 15,321,22015.3m $473.9m $473.9m 0.10% Added +8.4k +8,355
4 Orbis Allan Gray Ltd 2.39% of their portfolio HamiltoN, D0 12,384,23912.4m $383.0m $383.0m 2.39% Reduced -251.5k -251,500
5 MORGAN STANLEY 0.01% of their portfolio NEW YORK, NY 5,285,9945.3m $163.5m $163.5m 0.01% Reduced -13.9m -13,897,578
6 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,411,3854.4m $136.4m $136.4m 0.01% Added +184.9k +184,879
7 FMR LLC 0.01% of their portfolio BOSTON, MA 4,236,6814.2m $131.0m $131.0m 0.01% Added +1.6m +1,609,786
8 CITADEL ADVISORS LLC 0.13% of their portfolio MIAMI, FL 4,195,2424.2m $129.8m $129.8m 0.13% Added +711.3k +711,316
9 Newport Trust Company, LLC 0.23% of their portfolio Washington, DC 3,019,9393.0m $93.4m $93.4m 0.23% Reduced -179.4k -179,374
10 Capital World Investors 0.01% of their portfolio LOS ANGELES, CA 2,961,8603.0m $91.7m $91.7m 0.01% Reduced -874.5k -874,505
11 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 2,723,8662.7m $84.2m $84.2m 0.00% Reduced -291.7k -291,714
12 NATIXIS ADVISORS, LLC 0.18% of their portfolio Boston, MA 2,667,3392.7m $82.5m $82.5m 0.18% Added +614.6k +614,634
13 RAYMOND JAMES & ASSOCIATES 0.05% of their portfolio ST PETERSBURG, FL 2,279,7652.3m $70.5m $70.5m 0.05% Added +43.0k +43,006
14 FEDERATED HERMES, INC. 0.17% of their portfolio PITTSBURGH, PA 2,269,7632.3m $70.2m $70.2m 0.17% Reduced -114.5k -114,547
15 Pacer Advisors, Inc. 0.15% of their portfolio Malvern, PA 2,130,2122.1m $65.9m $65.9m 0.15% Added +175.2k +175,166
16 ENVESTNET ASSET MANAGEMENT INC 0.02% of their portfolio Berwyn, PA 2,080,7142.1m $64.4m $64.4m 0.02% Reduced -52.4k -52,420
17 NORTHERN TRUST CORP 0.01% of their portfolio CHICAGO, IL 1,983,3772.0m $61.3m $61.3m 0.01% Added +206.3k +206,321
18 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 1,945,2091.9m $60.2m $60.2m 0.02% Reduced -203.8k -203,810
19 ROYAL BANK OF CANADA 0.01% of their portfolio TORONTO, A6 1,667,6531.7m $51.6m $51.6m 0.01% Reduced -33.5k -33,494
20 BARCLAYS PLC 0.02% of their portfolio LONDON, X0 1,622,7281.6m $50.2m $50.2m 0.02% Added +1.6m +1,550,828
21 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 1,617,9951.6m $50.0m $50.0m 0.01% Reduced -56.2k -56,164
22 FIRST TRUST ADVISORS LP 0.04% of their portfolio Wheaton, IL 1,418,9641.4m $43.9m $43.9m 0.04% New
23 ICICI Prudential Asset Management Co Ltd 4.78% of their portfolio MUMBAI, K7 1,304,5291.3m $40.3m $40.3m 4.78% Reduced -125.3k -125,308
24 Invesco Ltd. 0.01% of their portfolio ATLANTA, GA 1,104,5171.1m $34.2m $34.2m 0.01% Reduced -110.5k -110,457
25 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 1,024,6261.0m $31.7m $31.7m 0.02% Reduced -13.8k -13,827
26 Cullen Capital Management, LLC 0.31% of their portfolio New York, NY 860,167860.2k $26.6m $26.6m 0.31% Added +171.4k +171,374
27 DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio AUSTIN, TX 848,546848.5k $26.3m $26.3m 0.01% Reduced -85.8k -85,768
28 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 822,618822.6k $26.1m $26.1m 0.00% Reduced -3.1k -3,149
29 Prevatt Capital Ltd 7.80% of their portfolio NASSAU, C5 800,000800.0k $24.7m $24.7m 7.80% Unchanged
30 TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio NEW YORK, NY 785,684785.7k $24.3m $24.3m 0.06% Added +170.5k +170,510
31 First Eagle Investment Management, LLC 0.05% of their portfolio NEW YORK, NY 779,478779.5k $24.1m $24.1m 0.05% Added +57.0k +57,016
32 TWO SIGMA ADVISERS, LP 0.05% of their portfolio NEW YORK, NY 747,800747.8k $23.1m $23.1m 0.05% Reduced -379.3k -379,300
33 CAUSEWAY CAPITAL MANAGEMENT LLC 0.62% of their portfolio LOS ANGELES, CA 732,823732.8k $22.7m $22.7m 0.62% Added +36.6k +36,632
34 OSAIC HOLDINGS, INC. 0.05% of their portfolio SCOTTSDALE, AZ 712,541712.5k $22.0m $22.0m 0.05% Added +224.6k +224,558
35 INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 7.19% of their portfolio GREENWOOD VILLAGE, CO 675,435675.4k $20.9m $20.9m 7.19% Added +54.5k +54,505
36 Euro Pacific Asset Management, LLC 4.15% of their portfolio DORADO, PR 672,223672.2k $20.9m $20.9m 4.15% Added +16.0k +15,957
37 CIBC WORLD MARKET INC. 0.05% of their portfolio TORONTO, A6 638,023638.0k $19.7m $19.7m 0.05% Added +97.4k +97,404
38 STIFEL FINANCIAL CORP 0.02% of their portfolio ST. LOUIS, MO 629,919629.9k $19.5m $19.5m 0.02% Added +145.9k +145,937
39 Mondrian Investment Partners LTD 0.29% of their portfolio LONDON, X0 534,000534.0k $19.0m $19.0m 0.29% New
40 UBS Group AG 0.00% of their portfolio ZURICH, V8 505,677505.7k $15.6m $15.6m 0.00% Added +155.3k +155,253
41 CAPITAL FUND MANAGEMENT S.A. 0.15% of their portfolio PARIS, I0 432,115432.1k $13.4m $13.4m 0.15% Reduced -94.2k -94,169
42 Adams Asset Advisors, LLC 1.58% of their portfolio DALLAS, TX 390,767390.8k $12.1m $12.1m 1.58% Added +30.8k +30,772
43 Dupree Financial Group, LLC 5.43% of their portfolio LEXINGTON, KY 386,421386.4k $12.0m $12.0m 5.43% Added +121.6k +121,594
44 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 0.12% of their portfolio Stamford, CT 379,597379.6k $11.7m $11.7m 0.12% Added +145.6k +145,611
45 TRUIST FINANCIAL CORP 0.02% of their portfolio CHARLOTTE, NC 370,453370.5k $11.5m $11.5m 0.02% Reduced -35.7k -35,730
46 GW HENSSLER & ASSOCIATES LTD 0.67% of their portfolio KENNESAW, GA 358,895358.9k $11.1m $11.1m 0.67% Added +14.6k +14,562
47 KIZE CAPITAL LP 10.19% of their portfolio NEW YORK, NY 350,000350.0k $10.8m $10.8m 10.19% New
48 COMMONWEALTH EQUITY SERVICES, LLC 0.02% of their portfolio WALTHAM, MA 346,232346.2k $10.7m $10.7m 0.02% Added +43.8k +43,772
49 GATEWAY INVESTMENT ADVISERS LLC 0.11% of their portfolio CINCINNATI, OH 327,007327.0k $10.1m $10.1m 0.11% Added +259.5k +259,509
50 EPACRIA CAPITAL PARTNERS, LLC 7.13% of their portfolio BOULDER, CO 314,531314.5k $9.7m $9.7m 7.13% Added +2.8k +2,800
51 U.S. Capital Wealth Advisors, LLC 0.37% of their portfolio AUSTIN, TX 314,141314.1k $9.7m $9.7m 0.37% Added +21.3k +21,269
52 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.02% of their portfolio CAUSEWAY BAY, K3 284,375284.4k $8.8m $8.8m 0.02% First filing
53 ASSETMARK, INC 0.03% of their portfolio CONCORD, CA 274,726274.7k $8.5m $8.5m 0.03% Reduced -3.0k -2,963
54 SIMPLEX TRADING, LLC 0.26% of their portfolio CHICAGO, IL 258,941258.9k $8.0m $8.0m 0.26% Added +57.4k +57,402
55 TODD ASSET MANAGEMENT LLC 0.17% of their portfolio Louisville, KY 257,365257.4k $8.0m $8.0m 0.17% Added +4.3k +4,340
56 Walleye Trading LLC 0.16% of their portfolio NEW YORK, NY 255,824255.8k $7.9m $7.9m 0.16% Added +96.2k +96,225
57 Altrius Capital Management Inc 1.98% of their portfolio NEW BERN, NC 243,676243.7k $7.5m $7.5m 1.98% Added +7.1k +7,120
58 Bulltick Wealth Management, LLC 2.03% of their portfolio Miami, FL 229,226229.2k $7.3m $7.3m 2.03% Added +1.9k +1,870
59 Pathstone Holdings, LLC 0.03% of their portfolio ENGLEWOOD, NJ 226,487226.5k $7.0m $7.0m 0.03% Added +21.1k +21,063
60 Cetera Investment Advisers 0.02% of their portfolio SCHAUMBURG, IL 220,403220.4k $6.8m $6.8m 0.02% Added +11.9k +11,938
61 Prescott General Partners LLC 0.38% of their portfolio BOCA RATON, FL 200,000200.0k $6.2m $6.2m 0.38% New
62 MANNING & NAPIER ADVISORS LLC 0.07% of their portfolio Fairport, NY 198,944198.9k $6.2m $6.2m 0.07% First filing
63 FINANCIAL COUNSELORS INC 0.10% of their portfolio Overland Park, KS 194,396194.4k $6.0m $6.0m 0.10% Reduced -6.4k -6,373
64 Rakuten Securities, Inc. 2.57% of their portfolio TOKYO, M0 193,441193.4k $6.0m $6.0m 2.57% Added +4.1k +4,099
65 TrueMark Investments, LLC 2.00% of their portfolio CHICAGO, IL 189,233189.2k $5.9m $5.9m 2.00% Added +93.7k +93,725
66 AUXIER ASSET MANAGEMENT LLC 0.91% of their portfolio AURORA, OR 186,796186.8k $5.8m $5.8m 0.91% Added +25.8k +25,800
67 SEI INVESTMENTS CO 0.01% of their portfolio OAKS, PA 182,526182.5k $5.6m $5.6m 0.01% Added +6.1k +6,139
68 VIKING FUND MANAGEMENT LLC 1.00% of their portfolio MINOT, ND 180,500180.5k $5.6m $5.6m 1.00% Added +1.0k +1,000
69 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 178,973179.0k $5.5m $5.5m 0.00% Reduced -37.6k -37,625
70 VALICENTI ADVISORY SERVICES INC 1.47% of their portfolio ELMIRA, NY 176,438176.4k $5.5m $5.5m 1.47% Added +2.5k +2,475
71 Freestone Capital Holdings, LLC 0.19% of their portfolio Seattle, WA 173,536173.5k $5.4m $5.4m 0.19% Added +162.7k +162,704
72 Keystone Financial Planning, Inc. 1.78% of their portfolio CLEVELAND, OH 173,439173.4k $5.4m $5.4m 1.78% Reduced -297 -297
73 Moran Wealth Management, LLC 0.18% of their portfolio NAPLES, FL 172,826172.8k $5.3m $5.3m 0.18% Added +823 +823
74 HENNESSY ADVISORS INC 0.20% of their portfolio NOVATO, CA 168,800168.8k $5.2m $5.2m 0.20% Reduced -3.5k -3,500
75 Insight Folios Inc 2.14% of their portfolio Charlotte, NC 168,788168.8k $5.2m $5.2m 2.14% Added +6.7k +6,745
76 TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.05% of their portfolio FRANKFORT, KY 167,920167.9k $5.2m $5.2m 0.05% Unchanged
77 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 166,770166.8k $5.2m $5.2m 0.02% Added +27.9k +27,927
78 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 163,556163.6k $5.1m $5.1m 0.00% Reduced -5.2k -5,190
79 Greylin Investment Management, Inc 0.84% of their portfolio ORANGE, VA 161,872161.9k $5.0m $5.0m 0.84% Added +20.3k +20,278
80 Kennon-Green & Company, LLC 4.53% of their portfolio NEW ALBANY, OH 159,393159.4k $4.9m $4.9m 4.53% Added +5.0k +5,046
81 First Heartland Consultants, Inc. 0.48% of their portfolio LAKE ST. LOUIS, MO 157,099157.1k $4.9m $4.9m 0.48% Added +26.9k +26,912
82 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 153,185153.2k $4.7m $4.7m 0.01% Reduced -547.6k -547,584
83 OPPENHEIMER ASSET MANAGEMENT INC. 0.06% of their portfolio NEW YORK, NY 153,169153.2k $4.7m $4.7m 0.06% Added +19.2k +19,185
84 Rheos Capital Works Inc. 0.24% of their portfolio Tokyo, M0 150,000150.0k $4.6m $4.6m 0.24% New
85 QRG CAPITAL MANAGEMENT, INC. 0.05% of their portfolio BERWYN, PA 149,697149.7k $4.6m $4.6m 0.05% Added +41.1k +41,140
86 Inlet Private Wealth, LLC 1.23% of their portfolio Jupiter, FL 145,578145.6k $4.5m $4.5m 1.23% Reduced -200 -200
87 SILVERCREST ASSET MANAGEMENT GROUP LLC 0.03% of their portfolio NEW YORK, NY 144,781144.8k $4.5m $4.5m 0.03% Reduced -3.4k -3,368
88 MILLER HOWARD INVESTMENTS INC /NY 0.14% of their portfolio KINGSTON, NY 135,000135.0k $4.2m $4.2m 0.14% Unchanged
89 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 133,284133.3k $4.1m $4.1m 0.00% Reduced -19.9k -19,872
90 Raymond James Financial Services Advisors, Inc. 0.01% of their portfolio ST. PETERSBURG, FL 130,875130.9k $4.0m $4.0m 0.01% Added +8.0k +8,018
91 Foundations Investment Advisors, LLC 0.10% of their portfolio PHOENIX, AZ 130,426130.4k $4.0m $4.0m 0.10% Added +9.5k +9,526
92 LOGAN CAPITAL MANAGEMENT INC 0.16% of their portfolio Newtown Square, PA 123,284123.3k $3.8m $3.8m 0.16% Reduced -4.9k -4,911
93 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 123,255123.3k $3.8m $3.8m 0.00% Added +929 +929
94 MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.00% of their portfolio Boston, MA 122,900122.9k $3.8m $3.8m 0.00% Added +10.1k +10,138
95 RITHOLTZ WEALTH MANAGEMENT 0.13% of their portfolio NEW YORK, NY 122,665122.7k $3.8m $3.8m 0.13% Added +67.7k +67,730
96 MERCER GLOBAL ADVISORS INC /ADV 0.01% of their portfolio DENVER, CO 120,365120.4k $3.7m $3.7m 0.01% Added +31.1k +31,129
97 Quantinno Capital Management LP 0.07% of their portfolio NEW YORK, NY 119,471119.5k $3.7m $3.7m 0.07% Added +43.8k +43,779
98 Capital International, Inc./CA/ 0.05% of their portfolio Los Angeles, CA 117,428117.4k $3.6m $3.6m 0.05% Added +23.6k +23,650
99 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 116,200116.2k $3.6m $3.6m 0.01% Reduced -1.4k -1,424
100 Anthracite Investment Company, Inc. 1.90% of their portfolio FORT WORTH, TX 115,599115.6k $3.6m $3.6m 1.90% Reduced -12.9k -12,927