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British American Tobacco p.l.c.

BTI
Exchange
NYSE
Industry
Cigarettes
SEC CIK
0001303523

No open-market purchases or sales by British American Tobacco p.l.c. insiders were filed in the last 90 days; 910 institutions reported holding it in 13F filings for Q2 2026, worth $20.2B in total; Maverick Capital is the only superinvestor holding it.

Other share classesBTAFF

13F holders, Q1 2025

Institutional positions in British American Tobacco p.l.c. as of Mar 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
646
+39 vs. Q4 2024
Shares held
212.3M
+22.8M (+12.0%) vs. Q4 2024
Total value
$8.78B
+$1.88B (+27.3%) vs. Q4 2024
New holders
90
243 more added
Sold out
51
209 more reduced

13 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BTI on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2025: 646 institutions
Q1 2021: 473 institutionsQ2 2021: 480 institutionsQ3 2021: 487 institutionsQ4 2021: 532 institutionsQ1 2022: 552 institutionsQ2 2022: 573 institutionsQ3 2022: 533 institutionsQ4 2022: 585 institutionsQ1 2023: 573 institutionsQ2 2023: 572 institutionsQ3 2023: 551 institutionsQ4 2023: 551 institutionsQ1 2024: 573 institutionsQ2 2024: 564 institutionsQ3 2024: 610 institutionsQ4 2024: 620 institutionsQ1 2025: 646 institutionsQ2 2025: 718 institutionsQ3 2025: 771 institutionsQ4 2025: 825 institutionsQ1 2026: 870 institutionsQ2 2026: 910 institutions
Value heldQ1 2025: $8.78B
Q1 2021: $4.47BQ2 2021: $4.63BQ3 2021: $3.80BQ4 2021: $4.58BQ1 2022: $6.22BQ2 2022: $6.47BQ3 2022: $5.18BQ4 2022: $6.76BQ1 2023: $6.05BQ2 2023: $5.07BQ3 2023: $4.53BQ4 2023: $4.00BQ1 2024: $4.43BQ2 2024: $4.88BQ3 2024: $6.77BQ4 2024: $6.90BQ1 2025: $8.78BQ2 2025: $12.3BQ3 2025: $14.8BQ4 2025: $16.4BQ1 2026: $18.7BQ2 2026: $20.2B
Institutions holding BTI and their total value by quarter
QuarterHoldersValue
Q2 2026910$20.2B
Q1 2026870$18.7B
Q4 2025825$16.4B
Q3 2025771$14.8B
Q2 2025718$12.3B
Q1 2025646$8.78B
Q4 2024620$6.90B
Q3 2024610$6.77B
Q2 2024564$4.88B
Q1 2024573$4.43B
Q4 2023551$4.00B
Q3 2023551$4.53B
Q2 2023572$5.07B
Q1 2023573$6.05B
Q4 2022585$6.76B
Q3 2022533$5.18B
Q2 2022573$6.47B
Q1 2022552$6.22B
Q4 2021532$4.58B
Q3 2021487$3.80B
Q2 2021480$4.63B
Q1 2021473$4.47B

Institutions, Q1 2025

Shares, value and share of portfolio for each institution holding British American Tobacco p.l.c.; share changes are against Q4 2024.

Institutions holding BTI in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors61,350,483$2.54B0.50%+22,477,477+57.8%Added
Capital Research Global Investors18,309,352$757.4M0.16%+2,714,991+17.4%Added
BlackRock, Inc.12,777,521$528.6M0.01%−842,875−6.2%Reduced
Orbis Allan Gray Ltd12,021,231$497.3M2.84%+2,040,011+20.4%Added
GQG Partners LLC9,598,465$397.1M0.63%+3,590,916+59.8%Added
FMR LLC9,091,370$376.1M0.02%−1,141,032−11.2%Reduced
Mondrian Investment Partners LTD5,461,619$225.9M3.86%+774,954+16.5%Added
Citadel Advisors LLC4,865,622$201.3M0.20%−489,521−9.1%Reduced
Morgan Stanley4,755,520$196.7M0.01%−829,394−14.9%Reduced
Bank of America Corp3,963,133$164.0M0.01%+434,142+12.3%Added
Goldman Sachs Group Inc3,759,779$155.5M0.03%+792,941+26.7%Added
Arrowstreet Capital, Limited Partnership3,619,901$149.8M0.12%−2,474,343−40.6%Reduced
Bridgewater Associates, LP3,234,156$133.8M0.62%+552,777+20.6%Added
Natixis Advisors, L.P.2,994,303$123.9M0.23%−16,384−0.5%Reduced
Newport Trust Co2,774,460$114.8M0.29%+31,205+1.1%Added
Northern Trust Corp2,473,942$102.3M0.02%+35,926+1.5%Added
Grantham, Mayo, Van Otterloo & Co. LLC2,446,034$101.2M0.32%+1,076,283+78.6%Added
Pacer Advisors, Inc.1,651,017$68.3M0.16%−4,623−0.3%Reduced
Raymond James Financial Inc1,490,134$61.6M0.02%−41,246−2.7%Reduced
Wells Fargo & Company1,462,941$60.5M0.01%+173,915+13.5%Added
Envestnet Asset Management Inc1,447,083$59.9M0.02%+42,531+3.0%Added
Royal Bank of Canada1,437,985$59.5M0.01%+141,985+11.0%Added
Cullen Capital Management LLC1,199,582$49.6M0.57%+18,923+1.6%Added
First Trust Advisors LP1,145,831$47.4M0.04%−147,951−11.4%Reduced
Two Sigma Advisers, LP1,065,200$44.1M0.10%+188,200+21.5%Added
First Eagle Investment Management, LLC1,010,815$41.8M0.09%+42,839+4.4%Added
JPMorgan Chase & Co911,218$37.7M0.00%−2,264,397−71.3%Reduced
Optiver Holding B.V.891,042$36.9M1.42%−785,852−46.9%Reduced
Two Sigma Investments, LP869,950$36.0M0.08%+46,197+5.6%Added
Invesco Ltd.851,220$35.2M0.01%−52,081−5.8%Reduced
LPL Financial LLC830,658$34.4M0.01%+91,247+12.3%Added
State Street Corp787,002$33.1M0.00%−8,679−1.1%Reduced
UBS Group AG743,052$30.7M0.01%−174,802−19.0%Reduced
Todd Asset Management LLC741,893$30.7M0.72%+157,251+26.9%Added
Dimensional Fund Advisors LP698,759$28.9M0.01%+20,761+3.1%Added
Euro Pacific Asset Management, LLC665,519$27.5M4.99%+570.0%Added
Causeway Capital Management LLC608,927$25.2M0.53%−20,985−3.3%Reduced
CIBC World Markets Inc.601,899$24.9M0.06%−13,508−2.2%Reduced
Investment Management Associates Inc590,935$24.4M10.00%−21,582−3.5%Reduced
Advisor Group Holdings, Inc.581,006$24.0M0.05%−67,522−10.4%Reduced
Public Employees Retirement System of Ohio566,224$23.4M0.09%00.0%Unchanged
Teachers Retirement System of the State of Kentucky555,030$23.0M0.21%+121,100+27.9%Added
McGowan Group Asset Management, Inc.546,454$22.6M2.99%+546,454New
Qube Research & Technologies Ltd543,952$22.5M0.03%−98,804−15.4%Reduced
Susquehanna International Group, LLP524,430$21.7M0.04%+508,267+3,144.6%Added
O'Shaughnessy Asset Management, LLC497,975$20.6M0.17%+4,524+0.9%Added
Ameriprise Financial Inc474,327$19.7M0.01%+2160.0%Added
Abc Arbitrage SA459,137$19.0M3.53%−407,592−47.0%Reduced
Capital International Inc452,208$18.7M0.23%+146,530+47.9%Added
Capital Fund Management S.A.450,028$18.6M0.24%−230,712−33.9%Reduced
Kize Capital LP420,000$17.4M15.81%−45,000−9.7%Reduced
Verition Fund Management LLC405,543$16.8M0.10%+405,543New
Point72 Asset Management, L.P.399,476$16.5M0.05%+399,476New
Dupree Financial Group, LLC393,460$16.3M6.61%+4,134+1.1%Added
GW Henssler & Associates Ltd392,889$16.3M0.93%+24,803+6.7%Added
Adams Asset Advisors, LLC385,516$15.9M2.19%−25,000−6.1%Reduced
Commonwealth Equity Services, LLC327,732$13.6M0.02%+8,129+2.5%Added
SBI Securities Co., Ltd.322,294$13.3M0.44%−3,146−1.0%Reduced
Epacria Capital Partners, LLC314,531$13.0M10.59%00.0%Unchanged
U.S. Capital Wealth Advisors, LLC301,614$12.5M0.38%−9,114−2.9%Reduced
TrueMark Investments, LLC285,343$11.8M3.09%+99,086+53.2%Added
HRT Financial LP263,594$10.9M0.07%−111,992−29.8%Reduced
Millennium Management LLC262,322$10.9M0.01%+251,471+2,317.5%Added
Stifel Financial Corp256,947$10.6M0.01%−142,189−35.6%Reduced
Oppenheimer Asset Management Inc.233,271$9.65M0.12%+24,962+12.0%Added
Altrius Capital Management Inc230,257$9.53M2.32%−2,056−0.9%Reduced
Gateway Investment Advisers LLC229,768$9.51M0.11%−82,935−26.5%Reduced
Citigroup Inc227,301$9.40M0.01%−372−0.2%Reduced
Prescott General Partners LLC220,100$9.11M0.69%00.0%Unchanged
Auxier Asset Management219,326$9.07M1.35%+1,387+0.6%Added
SEI Investments Co216,783$8.97M0.01%+15,799+7.9%Added
BNP Paribas Arbitrage, SA209,725$8.68M0.01%+127,696+155.7%Added
Cetera Investment Advisers200,589$8.30M0.02%+25,208+14.4%Added
Quantinno Capital Management LP196,920$8.15M0.05%+44,658+29.3%Added
Pathstone Holdings, LLC195,736$8.10M0.04%+212+0.1%Added
QRG Capital Management, Inc.194,886$8.06M0.08%−1,187−0.6%Reduced
Bank of New York Mellon Corp193,292$8.00M0.00%+57,084+41.9%Added
HighTower Advisors, LLC188,837$7.81M0.01%−1,124−0.6%Reduced
Manning & Napier Advisors LLC187,168$7.74M0.10%−5,283−2.7%Reduced
Charles Schwab Investment Management Inc186,084$7.70M0.00%+26,721+16.8%Added
First Sabrepoint Capital Management LP185,000$7.65M3.20%+185,000New
Creative Planning179,821$7.44M0.01%+10,994+6.5%Added
Valicenti Advisory Services Inc176,320$7.29M1.88%−2,227−1.2%Reduced
Truist Financial Corp176,263$7.29M0.01%+24,321+16.0%Added
Financial Counselors Inc174,298$7.21M0.11%−8,173−4.5%Reduced
Keystone Financial Planning, Inc.172,744$7.15M2.13%−98−0.1%Reduced
Renaissance Technologies LLC171,499$7.09M0.01%+171,499New
Massachusetts Financial Services Co168,505$6.97M0.00%+31,920+23.4%Added
Philip James Wealth Mangement, LLC167,368$6.92M0.84%+1,525+0.9%Added
Ritholtz Wealth Management160,527$6.64M0.20%−13,704−7.9%Reduced
Federated Hermes, Inc.160,412$6.64M0.01%+8,541+5.6%Added
Moran Wealth Management, LLC159,215$6.59M0.22%−6,328−3.8%Reduced
Kennon-Green & Company, LLC157,703$6.52M5.32%−782−0.5%Reduced
Viking Fund Management LLC157,500$6.52M0.94%00.0%Unchanged
PEAK6 LLC152,903$6.33M0.25%+51,649+51.0%Added
Inlet Private Wealth, LLC147,128$6.09M1.58%−350−0.2%Reduced
Capricorn Fund Managers Ltd145,000$6.00M3.21%+145,000New
Assetmark, Inc143,499$5.94M0.02%−10,735−7.0%Reduced
Cambridge Investment Research Advisors, Inc.141,906$5.87M0.02%−3,179−2.2%Reduced
Lockheed Martin Investment Management Co141,000$5.83M0.24%+30,600+27.7%Added