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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, Q2 2025

Institutional positions in British American Tobacco p.l.c. as of Jun 30, 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
718
+81 vs. Q1 2025
Shares held
259.1M
+52.4M (+25.4%) vs. Q1 2025
Total value
$12.3B
+$3.72B (+43.5%) vs. Q1 2025
New holders
135
308 more added
Sold out
54
159 more reduced

9 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 718 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 heldQ2 2025: $12.3B
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, Q2 2025

Shares, value and share of portfolio for each institution holding British American Tobacco p.l.c.; share changes are against Q1 2025.

Institutions holding BTI in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Capital International Investors62,166,377$2.94B0.51%+815,894+1.3%Added
GQG Partners LLC23,681,843$1.12B1.59%+14,083,378+146.7%Added
Capital Research Global Investors21,509,702$1.02B0.20%+3,200,350+17.5%Added
Orbis Allan Gray Ltd14,503,968$686.5M3.34%+2,482,737+20.7%Added
FMR LLC12,258,540$580.2M0.03%+3,167,170+34.8%Added
BlackRock, Inc.11,870,172$561.8M0.01%−907,349−7.1%Reduced
Bank of America Corp5,355,932$253.5M0.02%+1,392,799+35.1%Added
Morgan Stanley5,241,670$248.1M0.02%+486,150+10.2%Added
Two Sigma Investments, LP3,986,871$188.7M0.34%+3,116,921+358.3%Added
Two Sigma Advisers, LP3,881,700$183.7M0.38%+2,816,500+264.4%Added
Goldman Sachs Group Inc3,781,967$179.0M0.03%+22,188+0.6%Added
Federated Hermes, Inc.3,476,001$164.5M0.31%+3,315,589+2,066.9%Added
Bridgewater Associates, LP3,409,082$161.4M0.65%+174,926+5.4%Added
Arrowstreet Capital, Limited Partnership3,344,060$158.3M0.11%−275,841−7.6%Reduced
Wells Fargo & Company3,309,025$156.6M0.03%+1,846,084+126.2%Added
Natixis Advisors, L.P.3,025,783$143.2M0.23%+31,480+1.1%Added
Envestnet Asset Management Inc2,792,258$132.2M0.04%+1,345,175+93.0%Added
Raymond James Financial Inc2,757,559$130.5M0.04%+1,267,425+85.1%Added
JPMorgan Chase & Co2,748,324$130.1M0.01%+1,837,106+201.6%Added
Newport Trust Co2,739,392$129.7M0.31%−35,068−1.3%Reduced
Northern Trust Corp2,524,274$119.5M0.02%+50,332+2.0%Added
Grantham, Mayo, Van Otterloo & Co. LLC2,482,106$117.5M0.36%+36,072+1.5%Added
Royal Bank of Canada2,282,661$108.0M0.02%+844,676+58.7%Added
Citigroup Inc2,121,918$100.4M0.07%+1,894,617+833.5%Added
LPL Financial LLC1,788,850$84.7M0.03%+958,192+115.4%Added
Citadel Advisors LLC1,405,925$66.5M0.06%−3,459,697−71.1%Reduced
Cullen Capital Management LLC1,401,922$66.4M0.76%+202,340+16.9%Added
Maple Rock Capital Partners Inc.1,346,400$63.7M3.18%+1,346,400New
Trivest Advisors Ltd1,270,000$60.1M2.34%+1,270,000New
First Eagle Investment Management, LLC1,124,502$53.2M0.11%+113,687+11.2%Added
Renaissance Technologies LLC1,070,499$50.7M0.07%+899,000+524.2%Added
Empyrean Capital Partners, LP950,000$45.0M2.08%+950,000New
First Trust Advisors LP918,631$43.5M0.03%−227,200−19.8%Reduced
Susquehanna International Group, LLP912,840$43.2M0.07%+388,410+74.1%Added
Optiver Holding B.V.884,887$41.9M1.13%−6,155−0.7%Reduced
Abc Arbitrage SA862,252$40.8M4.66%+403,115+87.8%Added
Todd Asset Management LLC849,582$40.2M0.87%+107,689+14.5%Added
WT Asset Management Ltd799,700$37.8M2.65%+799,700New
Dimensional Fund Advisors LP781,387$37.0M0.01%+82,628+11.8%Added
State Street Corp760,982$36.6M0.00%−26,020−3.3%Reduced
Invesco Ltd.763,630$36.1M0.01%−87,590−10.3%Reduced
Millennium Management LLC755,913$35.8M0.03%+493,591+188.2%Added
Jane Street Group, LLC681,762$32.3M0.05%+604,062+777.4%Added
Capital International Inc671,995$31.8M0.31%+219,787+48.6%Added
GF Fund Management Co. Ltd.671,506$31.8M0.64%+660,205+5,842.0%Added
Euro Pacific Asset Management, LLC664,408$31.5M5.08%−1,111−0.2%Reduced
Capital Fund Management S.A.660,099$31.2M0.34%+210,071+46.7%Added
Teachers Retirement System of the State of Kentucky631,230$29.9M0.24%+76,200+13.7%Added
BNP Paribas Arbitrage, SA597,018$28.3M0.02%+387,293+184.7%Added
Investment Management Associates Inc585,777$27.7M9.34%−5,158−0.9%Reduced
Qube Research & Technologies Ltd575,514$27.2M0.04%+31,562+5.8%Added
Stifel Financial Corp564,502$26.7M0.03%+307,555+119.7%Added
McGowan Group Asset Management, Inc.559,051$26.5M3.33%+12,597+2.3%Added
Advisor Group Holdings, Inc.533,910$25.2M0.04%−47,096−8.1%Reduced
Assetmark, Inc532,418$25.2M0.06%+388,919+271.0%Added
Causeway Capital Management LLC530,599$25.1M0.40%−78,328−12.9%Reduced
Callodine Capital Management, LP527,500$25.0M2.59%+527,500New
O'Shaughnessy Asset Management, LLC514,354$24.3M0.17%+16,379+3.3%Added
Bank of Montreal513,465$24.3M0.01%+454,899+776.7%Added
Verition Fund Management LLC490,861$23.2M0.13%+85,318+21.0%Added
Ameriprise Financial Inc415,063$19.7M0.00%−59,264−12.5%Reduced
Truist Financial Corp403,170$19.1M0.03%+226,907+128.7%Added
GW Henssler & Associates Ltd395,955$18.7M1.00%+3,066+0.8%Added
UBS Group AG362,268$17.1M0.00%−380,784−51.2%Reduced
First Sabrepoint Capital Management LP350,000$16.6M7.09%+165,000+89.2%Added
Adams Asset Advisors, LLC346,549$16.4M2.31%−38,967−10.1%Reduced
CIBC World Markets Inc.343,275$16.2M0.04%−258,624−43.0%Reduced
Epacria Capital Partners, LLC315,531$14.9M12.47%+1,000+0.3%Added
Dupree Financial Group, LLC314,969$14.9M5.87%−78,491−19.9%Reduced
Commonwealth Equity Services, LLC309,744$14.7M0.02%−17,988−5.5%Reduced
SBI Securities Co., Ltd.307,684$14.6M0.42%−14,610−4.5%Reduced
TrueMark Investments, LLC304,473$14.4M3.11%+19,130+6.7%Added
U.S. Capital Wealth Advisors, LLC293,969$13.9M0.41%−7,645−2.5%Reduced
Lockheed Martin Investment Management Co292,300$13.8M0.51%+151,300+107.3%Added
Cetera Investment Advisers290,114$13.7M0.02%+89,525+44.6%Added
Squarepoint Ops LLC280,829$13.3M0.03%+192,391+217.5%Added
Barclays PLC269,710$12.8M0.01%+232,332+621.6%Added
Quantinno Capital Management LP257,864$12.2M0.05%+60,944+30.9%Added
Tower Research Capital LLC (TRC)248,215$11.7M0.32%+122,552+97.5%Added
Oppenheimer Asset Management Inc.243,367$11.5M0.13%+10,096+4.3%Added
QRG Capital Management, Inc.240,548$11.4M0.10%+45,662+23.4%Added
SEI Investments Co234,427$11.1M0.01%+17,644+8.1%Added
Prescott General Partners LLC220,100$10.7M0.75%00.0%Unchanged
Auxier Asset Management223,918$10.6M1.56%+4,592+2.1%Added
Russell Investments Group, Ltd.216,585$10.3M0.01%+193,472+837.1%Added
Charles Schwab Investment Management Inc216,072$10.2M0.00%+29,988+16.1%Added
MML Investors Services, LLC213,684$10.1M0.03%+122,317+133.9%Added
Gateway Investment Advisers LLC213,577$10.1M0.11%−16,191−7.0%Reduced
Savoir Faire Capital Management, L.P.208,345$9.86M4.77%+71,183+51.9%Added
Creative Planning206,866$9.79M0.01%+27,045+15.0%Added
Trexquant Investment LP197,554$9.35M0.11%+185,490+1,537.5%Added
Altrius Capital Management Inc197,309$9.34M2.18%−32,948−14.3%Reduced
Kize Capital LP195,000$9.23M8.30%−225,000−53.6%Reduced
Manning & Napier Advisors LLC189,183$8.95M0.11%+2,015+1.1%Added
HighTower Advisors, LLC185,178$8.76M0.01%−3,659−1.9%Reduced
Bank of New York Mellon Corp184,744$8.74M0.00%−8,548−4.4%Reduced
Massachusetts Financial Services Co177,944$8.42M0.00%+9,439+5.6%Added
Pathstone Holdings, LLC176,327$8.35M0.03%−19,409−9.9%Reduced
Midwest Trust Co174,033$8.24M0.11%+174,033New
Walleye Trading LLC173,651$8.22M0.20%+66,656+62.3%Added