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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, Q4 2025

Institutional positions in British American Tobacco p.l.c. as of Dec 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
825
+72 vs. Q3 2025
Shares held
289.7M
+11.6M (+4.2%) vs. Q3 2025
Total value
$16.4B
+$1.64B (+11.1%) vs. Q3 2025
New holders
142
322 more added
Sold out
70
241 more reduced

18 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 825 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 heldQ4 2025: $16.4B
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, Q4 2025

Shares, value and share of portfolio for each institution holding British American Tobacco p.l.c.; share changes are against Q3 2025.

Institutions holding BTI in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Asset Dedication, LLC315$17.8K0.00%00.0%Unchanged
Signature Equity Partners, LLC324$18.3K0.01%+324New
True Wealth Design, LLC340$19.3K0.01%−200−37.0%Reduced
Cary Street Partners Financial LLC346$19.6K0.00%00.0%Unchanged
Highline Wealth Partners LLC376$21.3K0.01%00.0%Unchanged
Riverview Trust Co400$22.6K0.03%00.0%Unchanged
Byrne Asset Management LLC400$22.6K0.01%00.0%Unchanged
Atlantic Edge Private Wealth Management, LLC400$22.6K0.01%00.0%Unchanged
Vision Financial Markets LLC404$22.9K0.02%00.0%Unchanged
Kennebec Savings Bank410$23.2K0.02%−268−39.5%Reduced
Rosenberg Matthew Hamilton416$23.6K0.00%−186−30.9%Reduced
Vision Retirement, LLC417$23.6K0.01%+417New
WPG Advisers, LLC430$24.3K0.02%+22+5.4%Added
First Command Advisory Services, Inc.446$25.3K0.00%+416+1,386.7%Added
Glen Eagle Advisors, LLC455$25.8K0.00%+455New
Coston, McIsaac & Partners465$26.0K0.01%−37−7.4%Reduced
Richard W. Paul & Associates, LLC468$26.5K0.01%00.0%Unchanged
Quest 10 Wealth Builders, Inc.486$27.5K0.02%−66−12.0%Reduced
JFS Wealth Advisors, LLC493$27.9K0.00%−100−16.9%Reduced
Root Financial Partners, LLC498$28.2K0.00%+107+27.4%Added
ORG Partners LLC505$28.6K0.01%00.0%Unchanged
Ancora Advisors, LLC507$28.7K0.00%+507New
Clearstead Advisors, LLC514$29.1K0.00%−16−3.0%Reduced
Smithfield Trust Co574$32.0K0.00%+74+14.8%Added
Retirement Wealth Solutions LLC571$32.3K0.02%−3−0.5%Reduced
Avion Wealth598$33.0K0.01%+9+1.5%Added
Boyd Watterson Asset Management LLC600$34.0K0.01%00.0%Unchanged
Monetary Management Group Inc600$34.0K0.01%00.0%Unchanged
Hollencrest Capital Management609$34.5K0.00%+9+1.5%Added
SHP Wealth Management617$34.9K0.00%+617New
CX Institutional621$35.0K0.00%+83+15.4%Added
Colonial Trust Co622$35.2K0.00%+20+3.3%Added
Cornerstone Planning Group LLC591$35.6K0.01%+346+141.2%Added
Financial Management Professionals, Inc.650$37.3K0.00%00.0%Unchanged
Covestor Ltd666$38.0K0.02%00.0%Unchanged
CoreCap Advisors, LLC672$38.0K0.00%+64+10.5%Added
Kohmann Bosshard Financial Services, LLC750$42.5K0.00%+750New
Pandora Wealth, Inc.774$43.8K0.03%00.0%Unchanged
Westside Investment Management, Inc.782$44.2K0.01%00.0%Unchanged
FIL Ltd792$44.8K0.00%+603+319.0%Added
Wellington-Altus USA Inc.831$47.1K0.03%+831New
Cape Investment Advisory, Inc.854$48.4K0.01%+629+279.6%Added
Annis Gardner Whiting Capital Advisors, LLC998$56.5K0.01%+998New
Heritage Wealth Advisors1,000$56.6K0.00%00.0%Unchanged
Triumph Capital Management1,033$58.5K0.01%+1,033New
Salomon & Ludwin, LLC1,131$62.7K0.01%+72+6.8%Added
CoreFirst Bank & Trust1,110$62.8K0.03%00.0%Unchanged
Investors Research Corp1,225$69.4K0.01%00.0%Unchanged
Flagship Harbor Advisors, LLC1,233$69.8K0.00%+1,233New
Duncker Streett & Co Inc1,242$70.3K0.01%00.0%Unchanged
Centerpoint Advisors, LLC1,281$73.0K0.02%−49−3.7%Reduced
Rothschild Investment LLC1,305$73.9K0.00%+17+1.3%Added
Aventura Private Wealth, LLC1,325$75.0K0.03%−35−2.6%Reduced
Medallion Wealth Advisors, LLC1,440$81.5K0.03%+20+1.4%Added
CNB Bank1,467$83.1K0.03%−323−18.0%Reduced
Truvestments Capital LLC1,524$86.3K0.02%00.0%Unchanged
Wall Street Access Asset Management, LLC1,566$88.7K0.02%00.0%Unchanged
Parkside Financial Bank & Trust1,990$112.6K0.01%+6+0.3%Added
Addison Advisors LLC2,057$116.5K0.03%−9−0.4%Reduced
Basecamp Wealth Advisors LLC2,072$117.3K0.02%+2,072New
Garton & Associates Financial Advisors LLC2,105$119.2K0.07%+2,105New
City State Bank2,105$119.2K0.03%00.0%Unchanged
Bayforest Capital Ltd2,117$119.9K0.09%−1,377−39.4%Reduced
Manchester Capital Management LLC2,152$121.8K0.02%+1,147+114.1%Added
HHM Wealth Advisors, LLC2,188$123.9K0.01%−843−27.8%Reduced
Cullen/Frost Bankers, Inc.2,226$126.0K0.00%+280+14.4%Added
SageView Advisory Group, LLC2,359$133.5K0.00%+2,359New
Bruce G. Allen Investments, LLC2,362$133.7K0.09%−139−5.6%Reduced
Bessemer Group Inc2,380$135.0K0.00%+387+19.4%Added
State of Wyoming2,415$136.7K0.01%−180−6.9%Reduced
Harbour Investments, Inc.2,435$137.9K0.00%+32+1.3%Added
Hilltop National Bank2,447$138.5K0.03%−221−8.3%Reduced
NBC Securities, Inc.2,543$144.0K0.01%−21−0.8%Reduced
Umb Bank N A2,578$146.0K0.00%+16+0.6%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP2,475$149.3K0.00%00.0%Unchanged
Grove Bank & Trust2,750$155.7K0.02%00.0%Unchanged
Bryn Mawr Trust Co2,775$157.1K0.00%+164+6.3%Added
Paradigm Asset Management Co LLC2,908$164.7K0.04%00.0%Unchanged
Motco3,138$177.7K0.02%00.0%Unchanged
Asset Planning,Inc3,228$182.8K0.13%00.0%Unchanged
Legacy Capital Wealth Partners, LLC3,553$201.1K0.04%+3,553New
TCG Advisory Services, LLC3,557$201.4K0.01%+3,557New
Penney Financial, LLC3,603$204.0K0.08%+3,603New
Choate Investment Advisors3,608$204.3K0.00%+3,608New
Abacus Planning Group, Inc.3,611$204.5K0.03%+3,611New
SIH Partners, LLLP3,644$206.3K0.01%+3,644New
Sym Financial Corp3,648$206.6K0.02%+3,648New
VestGen Advisors, LLC3,700$209.5K0.01%+3,700New
Capital Performance Advisors LLP3,734$211.4K0.01%+3,734New
Lloyd Advisory Services, LLC.3,736$211.5K0.08%+3,736New
MAI Capital Management3,738$211.7K0.00%+43+1.2%Added
Resources Investment Advisors, LLC.3,752$212.4K0.00%+3,752New
Requisite Capital Management, LLC3,725$213.7K0.04%−300−7.5%Reduced
a16z Perennial Management, L.P.3,786$214.4K0.02%00.0%Unchanged
EntryPoint Capital, LLC3,810$215.7K0.08%+3,810New
Canopy Partners, LLC3,827$216.7K0.07%+3,827New
Centaurus Financial, Inc.3,824$217.0K0.01%+441+13.0%Added
Kavar Capital Partners Group, LLC3,840$217.4K0.03%+35+0.9%Added
J.M. Arbour, LLC3,843$217.6K0.22%+3,843New
Close Asset Management Ltd3,855$218.0K0.00%−200−4.9%Reduced