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, Q3 2025
Institutional positions in British American Tobacco p.l.c. as of Sep 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
- 771
- +64 vs. Q2 2025
- Shares held
- 278.8M
- +19.8M (+7.7%) vs. Q2 2025
- Total value
- $14.8B
- +$2.54B (+20.7%) vs. Q2 2025
- New holders
- 127
- 285 more added
- Sold out
- 63
- 245 more reduced
11 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 910 | $20.2B |
| Q1 2026 | 870 | $18.7B |
| Q4 2025 | 825 | $16.4B |
| Q3 2025 | 771 | $14.8B |
| Q2 2025 | 718 | $12.3B |
| Q1 2025 | 646 | $8.78B |
| Q4 2024 | 620 | $6.90B |
| Q3 2024 | 610 | $6.77B |
| Q2 2024 | 564 | $4.88B |
| Q1 2024 | 573 | $4.43B |
| Q4 2023 | 551 | $4.00B |
| Q3 2023 | 551 | $4.53B |
| Q2 2023 | 572 | $5.07B |
| Q1 2023 | 573 | $6.05B |
| Q4 2022 | 585 | $6.76B |
| Q3 2022 | 533 | $5.18B |
| Q2 2022 | 573 | $6.47B |
| Q1 2022 | 552 | $6.22B |
| Q4 2021 | 532 | $4.58B |
| Q3 2021 | 487 | $3.80B |
| Q2 2021 | 480 | $4.63B |
| Q1 2021 | 473 | $4.47B |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding British American Tobacco p.l.c.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Capital International Investors | 64,057,419 | $3.40B | 0.55% | +1,891,042+3.0% | Added |
| GQG Partners LLC | 28,554,869 | $1.52B | 2.33% | +4,873,026+20.6% | Added |
| Capital Research Global Investors | 22,068,891 | $1.17B | 0.22% | +559,189+2.6% | Added |
| FMR LLC | 20,420,042 | $1.08B | 0.06% | +8,161,502+66.6% | Added |
| BlackRock, Inc. | 10,893,568 | $578.2M | 0.01% | −976,604−8.2% | Reduced |
| Orbis Allan Gray Ltd | 9,521,130 | $505.4M | 2.17% | −4,982,838−34.4% | Reduced |
| Capital World Investors | 9,470,709 | $502.7M | 0.07% | +9,397,693+12,870.7% | Added |
| Bank of America Corp | 6,934,792 | $368.1M | 0.03% | +1,578,860+29.5% | Added |
| Morgan Stanley | 5,264,461 | $279.4M | 0.02% | +22,791+0.4% | Added |
| Mondrian Investment Partners LTD | 4,185,605 | $222.2M | 3.71% | +4,185,605 | New |
| Federated Hermes, Inc. | 3,779,137 | $200.6M | 0.35% | +303,136+8.7% | Added |
| Bridgewater Associates, LP | 3,742,720 | $198.7M | 0.78% | +333,638+9.8% | Added |
| Wells Fargo & Company | 3,591,337 | $190.6M | 0.04% | +282,312+8.5% | Added |
| Goldman Sachs Group Inc | 3,334,054 | $177.0M | 0.03% | −447,913−11.8% | Reduced |
| Natixis Advisors, L.P. | 3,101,802 | $164.6M | 0.24% | +76,019+2.5% | Added |
| Envestnet Asset Management Inc | 3,023,917 | $160.5M | 0.05% | +231,659+8.3% | Added |
| Raymond James Financial Inc | 2,852,780 | $151.4M | 0.05% | +95,221+3.5% | Added |
| JPMorgan Chase & Co | 2,724,117 | $144.6M | 0.01% | −24,207−0.9% | Reduced |
| Newport Trust Co | 2,602,153 | $138.1M | 0.31% | −137,239−5.0% | Reduced |
| Northern Trust Corp | 2,521,655 | $133.8M | 0.02% | −2,619−0.1% | Reduced |
| Two Sigma Investments, LP | 2,383,945 | $126.5M | 0.19% | −1,602,926−40.2% | Reduced |
| Empyrean Capital Partners, LP | 2,200,000 | $116.8M | 4.69% | +1,250,000+131.6% | Added |
| Royal Bank of Canada | 2,052,633 | $109.0M | 0.02% | −230,028−10.1% | Reduced |
| Arrowstreet Capital, Limited Partnership | 2,035,559 | $108.0M | 0.07% | −1,308,501−39.1% | Reduced |
| LPL Financial LLC | 1,982,657 | $105.2M | 0.03% | +193,807+10.8% | Added |
| Qube Research & Technologies Ltd | 1,714,530 | $91.0M | 0.13% | +1,139,016+197.9% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 1,683,925 | $89.4M | 0.25% | −798,181−32.2% | Reduced |
| Millennium Management LLC | 1,543,590 | $81.9M | 0.06% | +787,677+104.2% | Added |
| Point72 Asset Management, L.P. | 1,419,600 | $75.4M | 0.16% | +1,419,600 | New |
| Citadel Advisors LLC | 1,368,633 | $72.6M | 0.06% | −37,292−2.7% | Reduced |
| Cullen Capital Management LLC | 1,334,800 | $70.9M | 0.78% | −67,122−4.8% | Reduced |
| First Eagle Investment Management, LLC | 1,284,550 | $68.2M | 0.12% | +160,048+14.2% | Added |
| Madison Avenue Partners, LP | 1,223,767 | $65.0M | 3.88% | +1,223,767 | New |
| Maple Rock Capital Partners Inc. | 1,169,800 | $62.1M | 2.51% | −176,600−13.1% | Reduced |
| Capital International Inc | 1,136,066 | $60.3M | 0.48% | +464,071+69.1% | Added |
| Two Sigma Advisers, LP | 1,023,400 | $54.3M | 0.11% | −2,858,300−73.6% | Reduced |
| UBS Asset Management Americas Inc | 901,511 | $47.9M | 0.01% | +901,511 | New |
| First Trust Advisors LP | 852,764 | $45.3M | 0.03% | −65,867−7.2% | Reduced |
| Todd Asset Management LLC | 803,432 | $42.6M | 0.86% | −46,150−5.4% | Reduced |
| Dimensional Fund Advisors LP | 782,960 | $41.6M | 0.01% | +1,573+0.2% | Added |
| Abc Arbitrage SA | 771,023 | $40.9M | 4.03% | −91,229−10.6% | Reduced |
| Balyasny Asset Management LLC | 756,536 | $40.2M | 0.08% | +619,846+453.5% | Added |
| State Street Corp | 747,241 | $39.7M | 0.00% | −13,741−1.8% | Reduced |
| Euro Pacific Asset Management, LLC | 660,483 | $33.5M | 4.04% | −3,925−0.6% | Reduced |
| Capital Fund Management S.A. | 623,287 | $33.1M | 0.33% | −36,812−5.6% | Reduced |
| Advisor Group Holdings, Inc. | 586,370 | $32.6M | 0.05% | +52,460+9.8% | Added |
| Callodine Capital Management, LP | 607,800 | $32.3M | 2.83% | +80,300+15.2% | Added |
| Stifel Financial Corp | 598,154 | $31.8M | 0.03% | +33,652+6.0% | Added |
| Teachers Retirement System of the State of Kentucky | 589,730 | $31.3M | 0.24% | −41,500−6.6% | Reduced |
| Invesco Ltd. | 588,717 | $31.2M | 0.00% | −174,913−22.9% | Reduced |
| Investment Management Associates Inc | 573,592 | $30.4M | 9.06% | −12,185−2.1% | Reduced |
| Susquehanna International Group, LLP | 573,248 | $30.4M | 0.04% | −339,592−37.2% | Reduced |
| McGowan Group Asset Management, Inc. | 556,867 | $29.6M | 3.67% | −2,184−0.4% | Reduced |
| Assetmark, Inc | 534,746 | $28.4M | 0.06% | +2,328+0.4% | Added |
| O'Shaughnessy Asset Management, LLC | 514,456 | $27.3M | 0.16% | +1020.0% | Added |
| Causeway Capital Management LLC | 458,703 | $24.3M | 0.32% | −71,896−13.5% | Reduced |
| Truist Financial Corp | 427,284 | $22.7M | 0.03% | +24,114+6.0% | Added |
| Lockheed Martin Investment Management Co | 421,800 | $22.4M | 0.82% | +129,500+44.3% | Added |
| GW Henssler & Associates Ltd | 395,859 | $21.0M | 1.05% | −960.0% | Reduced |
| Massachusetts Financial Services Co | 393,892 | $20.9M | 0.01% | +215,948+121.4% | Added |
| Citigroup Inc | 383,903 | $20.4M | 0.01% | −1,738,015−81.9% | Reduced |
| Cubist Systematic Strategies, LLC | 362,970 | $19.3M | 0.27% | +362,970 | New |
| Cetera Investment Advisers | 357,295 | $19.0M | 0.02% | +67,181+23.2% | Added |
| Crawford Investment Counsel Inc | 353,580 | $18.8M | 0.31% | +353,580 | New |
| Adams Asset Advisors, LLC | 346,549 | $18.4M | 2.37% | 00.0% | Unchanged |
| Marshall Wace, LLP | 339,725 | $18.0M | 0.02% | +339,725 | New |
| BNP Paribas Arbitrage, SA | 335,858 | $17.8M | 0.01% | −261,160−43.7% | Reduced |
| CIBC World Markets Inc. | 327,256 | $17.4M | 0.04% | −16,019−4.7% | Reduced |
| Renaissance Technologies LLC | 327,099 | $17.4M | 0.02% | −743,400−69.4% | Reduced |
| Epacria Capital Partners, LLC | 315,531 | $16.7M | 13.59% | 00.0% | Unchanged |
| Bank of New York Mellon Corp | 313,939 | $16.7M | 0.00% | +129,195+69.9% | Added |
| UBS Group AG | 313,739 | $16.7M | 0.00% | −48,529−13.4% | Reduced |
| First Sabrepoint Capital Management LP | 310,000 | $16.5M | 6.64% | −40,000−11.4% | Reduced |
| Quantinno Capital Management LP | 309,391 | $16.4M | 0.04% | +51,527+20.0% | Added |
| Bank of Montreal | 308,607 | $16.4M | 0.01% | −204,858−39.9% | Reduced |
| Commonwealth Equity Services, LLC | 305,129 | $16.2M | 0.02% | −4,615−1.5% | Reduced |
| Dupree Financial Group, LLC | 290,491 | $15.4M | 5.86% | −24,478−7.8% | Reduced |
| SBI Securities Co., Ltd. | 285,332 | $15.1M | 0.39% | −22,352−7.3% | Reduced |
| U.S. Capital Wealth Advisors, LLC | 284,939 | $15.1M | 0.41% | −9,030−3.1% | Reduced |
| Modern Wealth Management, LLC | 278,285 | $14.8M | 0.29% | +278,285 | New |
| Charles Schwab Investment Management Inc | 261,235 | $13.9M | 0.00% | +45,163+20.9% | Added |
| Savoir Faire Capital Management, L.P. | 248,682 | $13.2M | 4.74% | +40,337+19.4% | Added |
| Barclays PLC | 247,768 | $13.2M | 0.00% | −21,942−8.1% | Reduced |
| SEI Investments Co | 243,417 | $12.9M | 0.01% | +8,990+3.8% | Added |
| Creative Planning | 232,149 | $12.3M | 0.01% | +25,283+12.2% | Added |
| MML Investors Services, LLC | 225,247 | $12.0M | 0.03% | +11,563+5.4% | Added |
| Auxier Asset Management | 223,538 | $11.9M | 1.66% | −380−0.2% | Reduced |
| Russell Investments Group, Ltd. | 221,951 | $11.8M | 0.01% | +5,366+2.5% | Added |
| Tower Research Capital LLC (TRC) | 221,403 | $11.8M | 0.32% | −26,812−10.8% | Reduced |
| Prescott General Partners LLC | 220,100 | $11.7M | 0.82% | 00.0% | Unchanged |
| Oppenheimer Asset Management Inc. | 218,750 | $11.6M | 0.13% | −24,617−10.1% | Reduced |
| Jane Street Group, LLC | 216,939 | $11.5M | 0.01% | −464,823−68.2% | Reduced |
| Gateway Investment Advisers LLC | 213,577 | $11.3M | 0.11% | 00.0% | Unchanged |
| Wellington Management Group LLP | 207,049 | $11.0M | 0.00% | +88,503+74.7% | Added |
| Ameriprise Financial Inc | 203,291 | $10.8M | 0.00% | −211,772−51.0% | Reduced |
| HighTower Advisors, LLC | 197,437 | $10.5M | 0.01% | +12,259+6.6% | Added |
| Viking Fund Management LLC | 188,000 | $9.98M | 1.21% | +30,500+19.4% | Added |
| Walleye Trading LLC | 185,140 | $9.83M | 0.16% | +11,489+6.6% | Added |
| Manning & Napier Advisors LLC | 178,788 | $9.49M | 0.12% | −10,395−5.5% | Reduced |
| Capital Wealth Planning, LLC | 175,224 | $9.30M | 0.07% | +175,224 | New |