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 |
|---|---|---|---|---|---|
| Bank of New York Mellon Corp | 313,939 | $16.7M | 0.00% | +129,195+69.9% | Added |
| Epacria Capital Partners, LLC | 315,531 | $16.7M | 13.59% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 327,099 | $17.4M | 0.02% | −743,400−69.4% | Reduced |
| CIBC World Markets Inc. | 327,256 | $17.4M | 0.04% | −16,019−4.7% | Reduced |
| BNP Paribas Arbitrage, SA | 335,858 | $17.8M | 0.01% | −261,160−43.7% | Reduced |
| Marshall Wace, LLP | 339,725 | $18.0M | 0.02% | +339,725 | New |
| Adams Asset Advisors, LLC | 346,549 | $18.4M | 2.37% | 00.0% | Unchanged |
| Crawford Investment Counsel Inc | 353,580 | $18.8M | 0.31% | +353,580 | New |
| Cetera Investment Advisers | 357,295 | $19.0M | 0.02% | +67,181+23.2% | Added |
| Cubist Systematic Strategies, LLC | 362,970 | $19.3M | 0.27% | +362,970 | New |
| Citigroup Inc | 383,903 | $20.4M | 0.01% | −1,738,015−81.9% | Reduced |
| Massachusetts Financial Services Co | 393,892 | $20.9M | 0.01% | +215,948+121.4% | Added |
| GW Henssler & Associates Ltd | 395,859 | $21.0M | 1.05% | −960.0% | Reduced |
| Lockheed Martin Investment Management Co | 421,800 | $22.4M | 0.82% | +129,500+44.3% | Added |
| Truist Financial Corp | 427,284 | $22.7M | 0.03% | +24,114+6.0% | Added |
| Causeway Capital Management LLC | 458,703 | $24.3M | 0.32% | −71,896−13.5% | Reduced |
| O'Shaughnessy Asset Management, LLC | 514,456 | $27.3M | 0.16% | +1020.0% | Added |
| Assetmark, Inc | 534,746 | $28.4M | 0.06% | +2,328+0.4% | Added |
| McGowan Group Asset Management, Inc. | 556,867 | $29.6M | 3.67% | −2,184−0.4% | Reduced |
| Susquehanna International Group, LLP | 573,248 | $30.4M | 0.04% | −339,592−37.2% | Reduced |
| Investment Management Associates Inc | 573,592 | $30.4M | 9.06% | −12,185−2.1% | Reduced |
| Invesco Ltd. | 588,717 | $31.2M | 0.00% | −174,913−22.9% | Reduced |
| Teachers Retirement System of the State of Kentucky | 589,730 | $31.3M | 0.24% | −41,500−6.6% | Reduced |
| Stifel Financial Corp | 598,154 | $31.8M | 0.03% | +33,652+6.0% | Added |
| Callodine Capital Management, LP | 607,800 | $32.3M | 2.83% | +80,300+15.2% | Added |
| Advisor Group Holdings, Inc. | 586,370 | $32.6M | 0.05% | +52,460+9.8% | Added |
| Capital Fund Management S.A. | 623,287 | $33.1M | 0.33% | −36,812−5.6% | Reduced |
| Euro Pacific Asset Management, LLC | 660,483 | $33.5M | 4.04% | −3,925−0.6% | Reduced |
| State Street Corp | 747,241 | $39.7M | 0.00% | −13,741−1.8% | Reduced |
| Balyasny Asset Management LLC | 756,536 | $40.2M | 0.08% | +619,846+453.5% | Added |
| Abc Arbitrage SA | 771,023 | $40.9M | 4.03% | −91,229−10.6% | Reduced |
| Dimensional Fund Advisors LP | 782,960 | $41.6M | 0.01% | +1,573+0.2% | Added |
| Todd Asset Management LLC | 803,432 | $42.6M | 0.86% | −46,150−5.4% | Reduced |
| First Trust Advisors LP | 852,764 | $45.3M | 0.03% | −65,867−7.2% | Reduced |
| UBS Asset Management Americas Inc | 901,511 | $47.9M | 0.01% | +901,511 | New |
| Two Sigma Advisers, LP | 1,023,400 | $54.3M | 0.11% | −2,858,300−73.6% | Reduced |
| Capital International Inc | 1,136,066 | $60.3M | 0.48% | +464,071+69.1% | Added |
| Maple Rock Capital Partners Inc. | 1,169,800 | $62.1M | 2.51% | −176,600−13.1% | Reduced |
| Madison Avenue Partners, LP | 1,223,767 | $65.0M | 3.88% | +1,223,767 | New |
| First Eagle Investment Management, LLC | 1,284,550 | $68.2M | 0.12% | +160,048+14.2% | Added |
| Cullen Capital Management LLC | 1,334,800 | $70.9M | 0.78% | −67,122−4.8% | Reduced |
| Citadel Advisors LLC | 1,368,633 | $72.6M | 0.06% | −37,292−2.7% | Reduced |
| Point72 Asset Management, L.P. | 1,419,600 | $75.4M | 0.16% | +1,419,600 | New |
| Millennium Management LLC | 1,543,590 | $81.9M | 0.06% | +787,677+104.2% | Added |
| Grantham, Mayo, Van Otterloo & Co. LLC | 1,683,925 | $89.4M | 0.25% | −798,181−32.2% | Reduced |
| Qube Research & Technologies Ltd | 1,714,530 | $91.0M | 0.13% | +1,139,016+197.9% | Added |
| LPL Financial LLC | 1,982,657 | $105.2M | 0.03% | +193,807+10.8% | Added |
| Arrowstreet Capital, Limited Partnership | 2,035,559 | $108.0M | 0.07% | −1,308,501−39.1% | Reduced |
| Royal Bank of Canada | 2,052,633 | $109.0M | 0.02% | −230,028−10.1% | Reduced |
| Empyrean Capital Partners, LP | 2,200,000 | $116.8M | 4.69% | +1,250,000+131.6% | Added |
| Two Sigma Investments, LP | 2,383,945 | $126.5M | 0.19% | −1,602,926−40.2% | Reduced |
| Northern Trust Corp | 2,521,655 | $133.8M | 0.02% | −2,619−0.1% | Reduced |
| Newport Trust Co | 2,602,153 | $138.1M | 0.31% | −137,239−5.0% | Reduced |
| JPMorgan Chase & Co | 2,724,117 | $144.6M | 0.01% | −24,207−0.9% | Reduced |
| Raymond James Financial Inc | 2,852,780 | $151.4M | 0.05% | +95,221+3.5% | Added |
| Envestnet Asset Management Inc | 3,023,917 | $160.5M | 0.05% | +231,659+8.3% | Added |
| Natixis Advisors, L.P. | 3,101,802 | $164.6M | 0.24% | +76,019+2.5% | Added |
| Goldman Sachs Group Inc | 3,334,054 | $177.0M | 0.03% | −447,913−11.8% | Reduced |
| Wells Fargo & Company | 3,591,337 | $190.6M | 0.04% | +282,312+8.5% | Added |
| Bridgewater Associates, LP | 3,742,720 | $198.7M | 0.78% | +333,638+9.8% | Added |
| Federated Hermes, Inc. | 3,779,137 | $200.6M | 0.35% | +303,136+8.7% | Added |
| Mondrian Investment Partners LTD | 4,185,605 | $222.2M | 3.71% | +4,185,605 | New |
| Morgan Stanley | 5,264,461 | $279.4M | 0.02% | +22,791+0.4% | Added |
| Bank of America Corp | 6,934,792 | $368.1M | 0.03% | +1,578,860+29.5% | Added |
| Capital World Investors | 9,470,709 | $502.7M | 0.07% | +9,397,693+12,870.7% | Added |
| Orbis Allan Gray Ltd | 9,521,130 | $505.4M | 2.17% | −4,982,838−34.4% | Reduced |
| BlackRock, Inc. | 10,893,568 | $578.2M | 0.01% | −976,604−8.2% | Reduced |
| FMR LLC | 20,420,042 | $1.08B | 0.06% | +8,161,502+66.6% | Added |
| Capital Research Global Investors | 22,068,891 | $1.17B | 0.22% | +559,189+2.6% | Added |
| GQG Partners LLC | 28,554,869 | $1.52B | 2.33% | +4,873,026+20.6% | Added |
| Capital International Investors | 64,057,419 | $3.40B | 0.55% | +1,891,042+3.0% | Added |
| TSFG, LLC | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Trivest Advisors Ltd | 0 | $0 | 0.00% | −1,270,000−100.0% | Sold out |
| Yong Rong (HK) Asset Management Ltd | 0 | $0 | 0.00% | −140,000−100.0% | Sold out |
| Valicenti Advisory Services Inc | 0 | $0 | 0.00% | −133,395−100.0% | Sold out |
| Night Squared LP | 0 | $0 | 0.00% | −83,418−100.0% | Sold out |
| UBS Oconnor LLC | 0 | $0 | 0.00% | −82,631−100.0% | Sold out |
| Anthracite Investment Company, Inc. | 0 | $0 | 0.00% | −63,100−100.0% | Sold out |
| Capstone Investment Advisors, LLC | 0 | $0 | 0.00% | −49,497−100.0% | Sold out |
| Empirical Finance, LLC | 0 | $0 | 0.00% | −48,681−100.0% | Sold out |
| Mirabella Financial Services LLP | 0 | $0 | 0.00% | −41,420−100.0% | Sold out |
| Two Sigma Securities, LLC | 0 | $0 | 0.00% | −39,459−100.0% | Sold out |
| Emmett Investment Management, LP | 0 | $0 | 0.00% | −35,800−100.0% | Sold out |
| IMC-Chicago, LLC | 0 | $0 | 0.00% | −33,537−100.0% | Sold out |
| Whittier Trust Co | 0 | $0 | 0.00% | −27,760−100.0% | Sold out |
| Schonfeld Strategic Advisors LLC | 0 | $0 | 0.00% | −27,423−100.0% | Sold out |
| Sterling Investment Management, Inc. | 0 | $0 | 0.00% | −24,619−100.0% | Sold out |
| Commons Capital, LLC | 0 | $0 | 0.00% | −22,504−100.0% | Sold out |
| RMB Capital Management, LLC | 0 | $0 | 0.00% | −20,516−100.0% | Sold out |
| RFP Financial Group LLC | 0 | $0 | 0.00% | −19,376−100.0% | Sold out |
| Bluefin Capital Management, LLC | 0 | $0 | 0.00% | −16,950−100.0% | Sold out |
| Whittier Trust Co of Nevada Inc | 0 | $0 | 0.00% | −16,524−100.0% | Sold out |
| ICONIQ Capital, LLC | 0 | $0 | 0.00% | −12,681−100.0% | Sold out |
| Flow Traders U.S. LLC | 0 | $0 | 0.00% | −8,582−100.0% | Sold out |
| Pinnacle Associates Ltd | 0 | $0 | 0.00% | −6,457−100.0% | Sold out |
| Aspen Grove Capital, LLC | 0 | $0 | 0.00% | −6,003−100.0% | Sold out |
| Blue Capital, Inc. | 0 | $0 | 0.00% | −5,529−100.0% | Sold out |
| Concord Asset Management, LLC | 0 | $0 | 0.00% | −5,436−100.0% | Sold out |
| Providence Wealth Advisors, LLC | 0 | $0 | 0.00% | −4,477−100.0% | Sold out |
| Probity Advisors, Inc. | 0 | $0 | 0.00% | −4,990−100.0% | Sold out |