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.
| 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, Q4 2025
Shares, value and share of portfolio for each institution holding British American Tobacco p.l.c.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Royal Bank of Canada | 2,043,558 | $115.7M | 0.02% | −9,075−0.4% | Reduced |
| LPL Financial LLC | 2,092,770 | $118.5M | 0.03% | +110,113+5.6% | Added |
| Citadel Advisors LLC | 2,167,126 | $122.7M | 0.08% | +798,493+58.3% | Added |
| Empyrean Capital Partners, LP | 2,200,000 | $124.6M | 4.34% | 00.0% | Unchanged |
| Two Sigma Investments, LP | 2,366,970 | $134.0M | 0.20% | −16,975−0.7% | Reduced |
| Northern Trust Corp | 2,478,557 | $140.3M | 0.02% | −43,098−1.7% | Reduced |
| Goldman Sachs Group Inc | 2,602,504 | $147.4M | 0.02% | −731,550−21.9% | Reduced |
| Newport Trust Co | 2,611,105 | $147.8M | 0.35% | +8,952+0.3% | Added |
| JPMorgan Chase & Co | 2,641,287 | $149.5M | 0.01% | −82,830−3.0% | Reduced |
| Bridgewater Associates, LP | 2,952,078 | $167.1M | 0.61% | −790,642−21.1% | Reduced |
| Raymond James Financial Inc | 2,957,745 | $167.5M | 0.05% | +104,965+3.7% | Added |
| Envestnet Asset Management Inc | 2,980,787 | $168.8M | 0.05% | −43,130−1.4% | Reduced |
| Natixis Advisors, L.P. | 3,266,600 | $185.0M | 0.26% | +164,798+5.3% | Added |
| Mondrian Investment Partners LTD | 3,745,088 | $212.0M | 3.50% | −440,517−10.5% | Reduced |
| Federated Hermes, Inc. | 3,777,292 | $213.9M | 0.36% | −1,8450.0% | Reduced |
| Wells Fargo & Company | 3,847,891 | $217.9M | 0.04% | +256,554+7.1% | Added |
| Morgan Stanley | 4,812,348 | $272.5M | 0.02% | −452,113−8.6% | Reduced |
| Bank of America Corp | 7,242,267 | $410.1M | 0.03% | +307,475+4.4% | Added |
| Orbis Allan Gray Ltd | 9,300,901 | $526.6M | 2.21% | −220,229−2.3% | Reduced |
| Capital World Investors | 9,518,567 | $538.9M | 0.07% | +47,858+0.5% | Added |
| BlackRock, Inc. | 10,627,783 | $601.7M | 0.01% | −265,785−2.4% | Reduced |
| Capital Research Global Investors | 22,333,402 | $1.26B | 0.23% | +264,511+1.2% | Added |
| GQG Partners LLC | 28,062,747 | $1.59B | 2.62% | −492,122−1.7% | Reduced |
| FMR LLC | 31,095,442 | $1.76B | 0.09% | +10,675,400+52.3% | Added |
| Capital International Investors | 64,389,481 | $3.65B | 0.57% | +332,062+0.5% | Added |
| Arrowstreet Capital, Limited Partnership | 0 | $0 | 0.00% | −2,035,559−100.0% | Sold out |
| Point72 Asset Management, L.P. | 0 | $0 | 0.00% | −1,419,600−100.0% | Sold out |
| Jane Street Group, LLC | 0 | $0 | 0.00% | −216,939−100.0% | Sold out |
| Walleye Trading LLC | 0 | $0 | 0.00% | −185,140−100.0% | Sold out |
| Arlington Partners LLC | 0 | $0 | 0.00% | −93,479−100.0% | Sold out |
| Y-Intercept (Hong Kong) Ltd | 0 | $0 | 0.00% | −92,253−100.0% | Sold out |
| Brevan Howard Capital Management LP | 0 | $0 | 0.00% | −77,910−100.0% | Sold out |
| Capricorn Fund Managers Ltd | 0 | $0 | 0.00% | −65,000−100.0% | Sold out |
| MYDA Advisors LLC | 0 | $0 | 0.00% | −60,000−100.0% | Sold out |
| 683 Capital Management, LLC | 0 | $0 | 0.00% | −56,000−100.0% | Sold out |
| TT Capital Management LLC | 0 | $0 | 0.00% | −54,218−100.0% | Sold out |
| Caption Management, LLC | 0 | $0 | 0.00% | −52,204−100.0% | Sold out |
| Quantitative Investment Management, LLC | 0 | $0 | 0.00% | −48,494−100.0% | Sold out |
| Virtu Financial LLC | 0 | $0 | 0.00% | −47,488−100.0% | Sold out |
| WT Asset Management Ltd | 0 | $0 | 0.00% | −45,000−100.0% | Sold out |
| Squarepoint Ops LLC | 0 | $0 | 0.00% | −44,318−100.0% | Sold out |
| Morningstar Investment Management LLC | 0 | $0 | 0.00% | −39,967−100.0% | Sold out |
| FORA Capital, LLC | 0 | $0 | 0.00% | −27,448−100.0% | Sold out |
| Pitcairn Co | 0 | $0 | 0.00% | −23,606−100.0% | Sold out |
| Cantor Fitzgerald, L. P. | 0 | $0 | 0.00% | −21,414−100.0% | Sold out |
| Engineers Gate Manager LP | 0 | $0 | 0.00% | −20,224−100.0% | Sold out |
| Wealthcare Advisory Partners LLC | 0 | $0 | 0.00% | −18,601−100.0% | Sold out |
| Highland Capital Management, LLC | 0 | $0 | 0.00% | −17,000−100.0% | Sold out |
| Legacy Financial Advisors, Inc. | 0 | $0 | 0.00% | −16,050−100.0% | Sold out |
| Mangrove Partners | 0 | $0 | 0.00% | −14,563−100.0% | Sold out |
| Walleye Capital LLC | 0 | $0 | 0.00% | −13,165−100.0% | Sold out |
| Kovitz Investment Group Partners, LLC | 0 | $0 | 0.00% | −12,388−100.0% | Sold out |
| Centiva Capital, LP | 0 | $0 | 0.00% | −10,602−100.0% | Sold out |
| Consolidated Portfolio Review Corp | 0 | $0 | 0.00% | −9,710−100.0% | Sold out |
| Entropy Technologies, LP | 0 | $0 | 0.00% | −8,499−100.0% | Sold out |
| Mesirow Financial Investment Management, Inc. | 0 | $0 | 0.00% | −8,277−100.0% | Sold out |
| MQS Management LLC | 0 | $0 | 0.00% | −7,335−100.0% | Sold out |
| Arete Wealth Advisors, LLC | 0 | $0 | 0.00% | −5,640−100.0% | Sold out |
| Aigen Investment Management, LP | 0 | $0 | 0.00% | −5,289−100.0% | Sold out |
| one8zero8, LLC | 0 | $0 | 0.00% | −5,232−100.0% | Sold out |
| Penn Mutual Asset Management, LLC | 0 | $0 | 0.00% | −5,200−100.0% | Sold out |
| GDS Wealth Management | 0 | $0 | 0.00% | −5,052−100.0% | Sold out |
| Prelude Capital Management, LLC | 0 | $0 | 0.00% | −4,883−100.0% | Sold out |
| Empowered Funds, LLC | 0 | $0 | 0.00% | −4,398−100.0% | Sold out |
| Wrapmanager Inc | 0 | $0 | 0.00% | −4,373−100.0% | Sold out |
| Nomura Holdings Inc | 0 | $0 | 0.00% | −4,339−100.0% | Sold out |
| GF Fund Management Co. Ltd. | 0 | $0 | 0.00% | −4,179−100.0% | Sold out |
| Sage Investment Counsel LLC | 0 | $0 | 0.00% | −4,000−100.0% | Sold out |
| Summit Trail Advisors, LLC | 0 | $0 | 0.00% | −3,951−100.0% | Sold out |
| Polymer Capital Management (HK) LTD | 0 | $0 | 0.00% | −3,893−100.0% | Sold out |
| Scientech Research LLC | 0 | $0 | 0.00% | −3,792−100.0% | Sold out |
| Group One Trading, L.P. | 0 | $0 | 0.00% | −3,065−100.0% | Sold out |
| Icon Wealth Advisors, LLC | 0 | $0 | 0.00% | −2,339−100.0% | Sold out |
| Pathway Financial Advisers, LLC | 0 | $0 | 0.00% | −1,647−100.0% | Sold out |
| Main Street Group, LTD | 0 | $0 | 0.00% | −1,400−100.0% | Sold out |
| Mather Group, LLC. | 0 | $0 | 0.00% | −855−100.0% | Sold out |
| City Holding Co | 0 | $0 | 0.00% | −800−100.0% | Sold out |
| Salem Investment Counselors Inc | 0 | $0 | 0.00% | −633−100.0% | Sold out |
| Dakota Community Bank & Trust NA | 0 | $0 | 0.00% | −322−100.0% | Sold out |
| North Capital, Inc. | 0 | $0 | 0.00% | −280−100.0% | Sold out |
| Old Second National Bank of Aurora | 0 | $0 | 0.00% | −150−100.0% | Sold out |
| Tidemark, LLC | 0 | $0 | 0.00% | −143−100.0% | Sold out |
| Steigerwald, Gordon & Koch Inc. | 0 | $0 | 0.00% | −128−100.0% | Sold out |
| YANKCOM Partnership | 0 | $0 | 0.00% | −85−100.0% | Sold out |
| JPL Wealth Management, LLC | 0 | $0 | 0.00% | −84−100.0% | Sold out |
| Hanson & Doremus Investment Management | 0 | $0 | 0.00% | −58−100.0% | Sold out |
| Montag A & Associates Inc | 0 | $0 | 0.00% | −55−100.0% | Sold out |
| Kings Path Partners LLC | 0 | $0 | 0.00% | −50−100.0% | Sold out |
| Atlantic Private Wealth, LLC | 0 | $0 | 0.00% | −48−100.0% | Sold out |
| ESL Trust Services, LLC | 0 | $0 | 0.00% | −42−100.0% | Sold out |
| St Germain D J Co Inc | 0 | $0 | 0.00% | −29−100.0% | Sold out |
| Luminist Capital LLC | 0 | $0 | 0.00% | −25−100.0% | Sold out |
| Bare Financial Services, Inc | 0 | $0 | 0.00% | −19−100.0% | Sold out |
| Palisade Asset Management, LLC | 0 | $0 | 0.00% | −15−100.0% | Sold out |
| Imprint Wealth LLC | 0 | $0 | 0.00% | −4−100.0% | Sold out |
| Cubist Systematic Strategies, LLC | – | – | – | – | Not filed |
| Bard Financial Services, Inc. | – | – | – | – | Not filed |
| Country Club Bank | – | – | – | – | Not filed |
| Wolverine Trading, LLC | – | – | – | – | Not filed |
| Point72 Hong Kong Ltd | – | – | – | – | Not filed |