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 |
|---|---|---|---|---|---|
| Opal Capital LLC | 171,698 | $9.72M | 2.43% | +171,698 | New |
| Bank of Montreal | 169,953 | $9.62M | 0.00% | −138,654−44.9% | Reduced |
| Keystone Financial Planning, Inc. | 167,249 | $9.47M | 2.75% | −3,806−2.2% | Reduced |
| Altrius Capital Management Inc | 166,742 | $9.44M | 2.00% | +6,263+3.9% | Added |
| Night Squared LP | 165,951 | $9.40M | 2.65% | +165,951 | New |
| Pathstone Holdings, LLC | 163,021 | $9.24M | 0.04% | −1,997−1.2% | Reduced |
| Mariner, LLC | 162,893 | $9.22M | 0.01% | +2,091+1.3% | Added |
| Brinker Capital Investments, LLC | 161,736 | $9.16M | 0.07% | +19,921+14.0% | Added |
| Manning & Napier Advisors LLC | 161,234 | $9.13M | 0.12% | −17,554−9.8% | Reduced |
| Philip James Wealth Mangement, LLC | 159,013 | $9.00M | 1.04% | −1,190−0.7% | Reduced |
| Savoir Faire Capital Management, L.P. | 156,783 | $8.88M | 4.21% | −91,899−37.0% | Reduced |
| K2 Principal Fund, L.P. | 155,735 | $8.82M | 0.91% | +90,379+138.3% | Added |
| Moran Wealth Management, LLC | 153,087 | $8.67M | 0.27% | +20.0% | Added |
| First Sabrepoint Capital Management LP | 150,000 | $8.49M | 3.49% | −160,000−51.6% | Reduced |
| Ritholtz Wealth Management | 146,734 | $8.31M | 0.15% | −7,008−4.6% | Reduced |
| Zions Bancorporation, National Association | 144,011 | $8.15M | 0.38% | −28,673−16.6% | Reduced |
| Logan Capital Management Inc | 143,005 | $8.10M | 0.34% | +13,402+10.3% | Added |
| Inlet Private Wealth, LLC | 141,128 | $7.99M | 1.85% | −6,000−4.1% | Reduced |
| Kize Capital LP | 141,000 | $7.98M | 9.42% | −24,000−14.5% | Reduced |
| Kennon-Green & Company, LLC | 140,634 | $7.96M | 6.32% | −14,098−9.1% | Reduced |
| Verition Fund Management LLC | 140,000 | $7.93M | 0.04% | +15,000+12.0% | Added |
| Mercer Global Advisors Inc | 127,846 | $7.24M | 0.01% | +3,457+2.8% | Added |
| Sanctuary Advisors, LLC | 126,690 | $7.17M | 0.04% | +5,444+4.5% | Added |
| Davenport & Co LLC | 124,447 | $7.05M | 0.04% | +5,291+4.4% | Added |
| Cambridge Investment Research Advisors, Inc. | 122,878 | $6.96M | 0.02% | −10,165−7.6% | Reduced |
| Wealth High Governance Asset Management Ltda. | 122,052 | $6.91M | 1.24% | +122,052 | New |
| Jones Financial Companies LLLP | 120,817 | $6.84M | 0.00% | +13,320+12.4% | Added |
| Stansberry Asset Management, LLC | 120,517 | $6.82M | 0.69% | +20,222+20.2% | Added |
| Poehling Capital Management, LLC | 120,156 | $6.80M | 1.39% | −398−0.3% | Reduced |
| Butensky & Cohen Financial Security, Inc | 118,175 | $6.69M | 1.81% | −435−0.4% | Reduced |
| Advisory Research Inc | 117,802 | $6.67M | 0.84% | +66,334+128.9% | Added |
| TD Private Client Wealth LLC | 113,560 | $6.43M | 0.14% | −5,872−4.9% | Reduced |
| Wiley Bros.-Aintree Capital, LLC | 111,027 | $6.29M | 0.03% | +16,556+17.5% | Added |
| Vestmark Advisory Solutions, Inc. | 110,747 | $6.27M | 0.08% | +43,332+64.3% | Added |
| Janney Montgomery Scott LLC | 109,955 | $6.23M | 0.01% | −279−0.3% | Reduced |
| Boston Partners | 109,582 | $6.20M | 0.01% | +8,563+8.5% | Added |
| Atria Investments LLC | 105,514 | $5.97M | 0.07% | +5,779+5.8% | Added |
| The PNC Financial Services Group, Inc. | 101,968 | $5.77M | 0.00% | −3,507−3.3% | Reduced |
| Citigroup Inc | 100,147 | $5.67M | 0.00% | −283,756−73.9% | Reduced |
| Daiwa Securities Group Inc. | 96,343 | $5.46M | 0.02% | +11,427+13.5% | Added |
| SALT Holding Corp. | 95,589 | $5.41M | 4.27% | +95,589 | New |
| Meritage Portfolio Management | 94,693 | $5.36M | 0.36% | −1,351−1.4% | Reduced |
| Wealth Enhancement Advisory Services, LLC | 97,609 | $5.28M | 0.01% | −1,323−1.3% | Reduced |
| Stephens Inc | 89,156 | $5.05M | 0.06% | +403+0.5% | Added |
| US Bancorp | 87,806 | $4.97M | 0.01% | −180.0% | Reduced |
| CenterBook Partners LP | 83,205 | $4.71M | 0.23% | −35,492−29.9% | Reduced |
| First National Bank of Omaha | 80,719 | $4.56M | 0.14% | +80,719 | New |
| PEAK6 LLC | 79,556 | $4.50M | 0.12% | +72,204+982.1% | Added |
| National Bank of Canada | 79,493 | $4.50M | 0.00% | +3,463+4.6% | Added |
| Benjamin Edwards Inc | 79,007 | $4.47M | 0.05% | +9,976+14.5% | Added |
| Skopos Labs, Inc. | 77,588 | $4.42M | 0.20% | +50,257+183.9% | Added |
| Moors & Cabot, Inc. | 78,070 | $4.42M | 0.19% | +1,567+2.0% | Added |
| Fisher Asset Management, LLC | 78,045 | $4.42M | 0.00% | +5,298+7.3% | Added |
| BW Gestao de Investimentos Ltda. | 77,948 | $4.41M | 0.16% | +77,948 | New |
| Wealth High Governance Capital Ltda | 77,948 | $4.41M | 1.29% | +77,948 | New |
| Pekin Hardy Strauss, Inc. | 77,611 | $4.39M | 0.41% | −3,362−4.2% | Reduced |
| Blackstone Group Inc. | 77,314 | $4.38M | 0.02% | +53,951+230.9% | Added |
| Federation des caisses Desjardins du Quebec | 77,199 | $4.37M | 0.02% | +967+1.3% | Added |
| JustInvest LLC | 75,911 | $4.30M | 0.04% | −1,537−2.0% | Reduced |
| Envestnet Portfolio Solutions, Inc. | 75,561 | $4.28M | 0.02% | +3,918+5.5% | Added |
| Vise Technologies, Inc. | 74,936 | $4.24M | 0.08% | +37,175+98.4% | Added |
| Lifetime Wealth Management P.C. | 72,160 | $4.09M | 2.57% | +72,160 | New |
| Kathmere Capital Management, LLC | 71,272 | $4.04M | 0.27% | −2,201−3.0% | Reduced |
| Cerity Partners LLC | 70,826 | $4.01M | 0.01% | +5,527+8.5% | Added |
| First Bank & Trust | 69,732 | $3.95M | 0.64% | +12,733+22.3% | Added |
| Tower Research Capital LLC (TRC) | 69,509 | $3.94M | 0.10% | −151,894−68.6% | Reduced |
| Neuberger Berman Group LLC | 69,453 | $3.93M | 0.00% | +9,154+15.2% | Added |
| GWM Advisors LLC | 69,251 | $3.92M | 0.01% | +10,078+17.0% | Added |
| Trexquant Investment LP | 68,014 | $3.85M | 0.03% | +57,695+559.1% | Added |
| Orca Wealth Management, LLC | 62,212 | $3.83M | 2.74% | +4,892+8.5% | Added |
| CIBC Asset Management Inc | 65,641 | $3.72M | 0.01% | −1,521−2.3% | Reduced |
| Manske Wealth Management | 65,391 | $3.70M | 1.09% | −1,426−2.1% | Reduced |
| Park Avenue Securities LLC | 65,331 | $3.70M | 0.03% | +7,994+13.9% | Added |
| Timelo Investment Management Inc. | 65,000 | $3.68M | 3.91% | −17,000−20.7% | Reduced |
| Cloverfields Capital Group, LP | 64,409 | $3.65M | 1.13% | +696+1.1% | Added |
| China Universal Asset Management Co., Ltd. | 61,857 | $3.54M | 0.27% | −45,101−42.2% | Reduced |
| Scotia Capital Inc. | 62,564 | $3.54M | 0.01% | +9,941+18.9% | Added |
| Kestra Advisory Services, LLC | 62,307 | $3.53M | 0.01% | +5,146+9.0% | Added |
| Ar Asset Management Inc | 61,464 | $3.48M | 0.71% | +1,600+2.7% | Added |
| M&T Bank Corp | 60,885 | $3.45M | 0.01% | +2,068+3.5% | Added |
| Quadrant Capital Group LLC | 59,600 | $3.38M | 0.10% | −526−0.9% | Reduced |
| Meridian Investment Counsel Inc. | 59,262 | $3.36M | 0.81% | −275−0.5% | Reduced |
| WCM Investment Management, LLC | 59,075 | $3.34M | 0.01% | +28,562+93.6% | Added |
| Capital International Sarl | 58,815 | $3.33M | 0.05% | +15,566+36.0% | Added |
| Kassira Wealth Management LLC | 58,703 | $3.32M | 3.15% | −1,374−2.3% | Reduced |
| NewEdge Wealth, LLC | 58,696 | $3.32M | 0.04% | +187+0.3% | Added |
| Ieq Capital, LLC | 58,420 | $3.31M | 0.01% | +2,280+4.1% | Added |
| XTX Topco Ltd | 56,919 | $3.22M | 0.08% | −1,955−3.3% | Reduced |
| Flow Traders U.S. LLC | 55,779 | $3.16M | 0.10% | +55,779 | New |
| Uncommon Cents Investing LLC | 55,715 | $3.15M | 0.76% | −750−1.3% | Reduced |
| Hantz Financial Services, Inc. | 55,359 | $3.13M | 0.05% | +25,954+88.3% | Added |
| Galilei Investment Office LLP | 55,148 | $3.13M | 1.47% | 00.0% | Unchanged |
| Transmarket Holdings LP | 54,724 | $3.10M | 2.26% | +54,724 | New |
| English Capital Management LLC | 54,529 | $3.09M | 1.93% | 00.0% | Unchanged |
| Colony Group, LLC | 53,683 | $3.04M | 0.00% | +20,356+61.1% | Added |
| Callan Family Office, LLC | 53,497 | $3.03M | 0.07% | +25,181+88.9% | Added |
| Cherokee Insurance Co | 53,176 | $3.01M | 1.22% | 00.0% | Unchanged |
| Renaissance Technologies LLC | 53,099 | $3.01M | 0.00% | −274,000−83.8% | Reduced |
| D.A. Davidson & Co. | 52,852 | $2.99M | 0.02% | +7,457+16.4% | Added |
| California First Leasing Corp | 52,500 | $2.97M | 0.97% | 00.0% | Unchanged |