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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
Retirement Wealth Solutions LLC571$32.3K0.02%−3−0.5%Reduced
Smithfield Trust Co574$32.0K0.00%+74+14.8%Added
Clearstead Advisors, LLC514$29.1K0.00%−16−3.0%Reduced
Ancora Advisors, LLC507$28.7K0.00%+507New
ORG Partners LLC505$28.6K0.01%00.0%Unchanged
Root Financial Partners, LLC498$28.2K0.00%+107+27.4%Added
JFS Wealth Advisors, LLC493$27.9K0.00%−100−16.9%Reduced
Quest 10 Wealth Builders, Inc.486$27.5K0.02%−66−12.0%Reduced
Richard W. Paul & Associates, LLC468$26.5K0.01%00.0%Unchanged
Coston, McIsaac & Partners465$26.0K0.01%−37−7.4%Reduced
Glen Eagle Advisors, LLC455$25.8K0.00%+455New
First Command Advisory Services, Inc.446$25.3K0.00%+416+1,386.7%Added
WPG Advisers, LLC430$24.3K0.02%+22+5.4%Added
Vision Retirement, LLC417$23.6K0.01%+417New
Rosenberg Matthew Hamilton416$23.6K0.00%−186−30.9%Reduced
Kennebec Savings Bank410$23.2K0.02%−268−39.5%Reduced
Vision Financial Markets LLC404$22.9K0.02%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
Highline Wealth Partners LLC376$21.3K0.01%00.0%Unchanged
Cary Street Partners Financial LLC346$19.6K0.00%00.0%Unchanged
True Wealth Design, LLC340$19.3K0.01%−200−37.0%Reduced
Signature Equity Partners, LLC324$18.3K0.01%+324New
Asset Dedication, LLC315$17.8K0.00%00.0%Unchanged
Independence Bank of Kentucky313$17.7K0.00%+89+39.7%Added
Jessup Wealth Management, Inc308$17.4K0.01%+308New
McIlrath & Eck, LLC304$17.2K0.00%00.0%Unchanged
Elyxium Wealth, LLC304$17.2K0.00%+304New
Centennial Bank300$17.0K0.01%00.0%Unchanged
Advocate Investing Services LLC300$17.0K0.02%+300New
American National Bank288$16.3K0.00%+288New
Arlington Trust Co LLC279$15.8K0.00%+279New
GW&K Investment Management, LLC267$15.0K0.00%00.0%Unchanged
Winch Advisory Services, LLC262$14.8K0.00%+4+1.6%Added
Nisa Investment Advisors, LLC257$14.7K0.00%+257New
Pension & Wealth Management Advisors, Inc.250$14.2K0.00%00.0%Unchanged
Golden State Wealth Management, LLC248$14.0K0.00%00.0%Unchanged
Bell Investment Advisors, Inc246$13.9K0.00%+159+182.8%Added
UMA Financial Services, Inc.231$13.1K0.00%+49+26.9%Added
Financial Consulate, Inc227$12.9K0.00%+77+51.3%Added
N.E.W. Advisory Services LLC226$12.8K0.00%+200+769.2%Added
Westfuller Advisors, LLC221$12.7K0.01%+3+1.4%Added
Key Financial Inc224$12.7K0.00%00.0%Unchanged
TD Capital Management LLC221$12.5K0.00%+18+8.9%Added
JNBA Financial Advisors217$12.3K0.00%+67+44.7%Added
William B. Walkup & Associates, Inc.212$12.0K0.01%00.0%Unchanged
SIMA Wealth Partners, LLC210$11.9K0.01%00.0%Unchanged
Country Trust Bank205$11.6K0.00%00.0%Unchanged
Wilkerson Advisory Group LLC205$11.6K0.00%+205New
Kentucky Trust Co200$11.3K0.01%00.0%Unchanged
Fourth Dimension Wealth, LLC193$10.9K0.00%00.0%Unchanged
BankPlus Trust Department186$10.5K0.00%00.0%Unchanged
Thurston, Springer, Miller, Herd & Titak, Inc.181$10.2K0.00%+160+761.9%Added
SJS Investment Consulting Inc.170$9.63K0.00%+170New
Bravera Wealth158$8.95K0.00%+158New
Basepoint Wealth LLC154$8.72K0.01%+154New
Eastern Bank150$8.49K0.00%00.0%Unchanged
Edmond de Rothschild Holding S.A.150$8.49K0.00%00.0%Unchanged
IMG Wealth Management, Inc.141$7.98K0.01%00.0%Unchanged
Jackson, Grant Investment Advisers, Inc.138$7.81K0.00%+138New
Benson Wealth Management INC123$6.96K0.01%+123New
IMA Wealth, Inc.119$6.83K0.00%+119New
Paladin Partners, LLC120$6.79K0.01%+120New
Proffitt & Goodson Inc115$6.51K0.00%−16−12.2%Reduced
Caldwell Sutter Capital, Inc.114$6.46K0.00%00.0%Unchanged
Principia Wealth Advisory, LLC112$6.34K0.00%+5+4.7%Added
Trust Co110$6.23K0.00%+110New
Central Trust Co109$6.17K0.00%+7+6.9%Added
Commonwealth Retirement Investments LLC106$6.00K0.00%+106New
Whipplewood Advisors, LLC103$5.83K0.00%+103New
Boreal Capital Management LLC100$5.74K0.00%00.0%Unchanged
Tompkins Financial Corp100$5.66K0.00%00.0%Unchanged
Princeton Global Asset Management LLC100$5.66K0.00%00.0%Unchanged
North Star Investment Management Corp.96$5.44K0.00%+86+860.0%Added
GPS Wealth Strategies Group, LLC94$5.32K0.00%−130−58.0%Reduced
Financial Network Wealth Advisors LLC91$5.15K0.01%+91New
ORG Wealth Partners, LLC89$5.04K0.00%−1,638−94.8%Reduced
Proathlete Wealth Management LLC86$4.87K0.00%+86New
Archer Investment Corp80$4.53K0.00%00.0%Unchanged
DecisionPoint Financial, LLC79$4.47K0.00%+23+41.1%Added
Nemes Rush Group LLC76$4.30K0.00%+76New
Strategic Wealth Partners, Ltd.74$4.19K0.00%+74New
MPWM Advisory Solutions, LLC72$4.08K0.00%00.0%Unchanged
Bank of Jackson Hole Trust71$4.02K0.00%00.0%Unchanged
Wealth Watch Advisors, INC70$3.96K0.00%−100−58.8%Reduced
Essential Partners LLC65$3.68K0.00%−227−77.7%Reduced
Financial Perspectives, Inc61$3.45K0.00%00.0%Unchanged
Tacita Capital Inc60$3.40K0.00%00.0%Unchanged
Wealth Preservation Advisors, LLC60$3.40K0.00%00.0%Unchanged
Sunrise Financial Services, LLC59$3.34K0.00%+59New
Johnson Financial Group, Inc.55$3.12K0.00%−187−77.3%Reduced
Olistico Wealth, LLC55$3.11K0.00%+55New
Trust Co of Vermont54$3.06K0.00%00.0%Unchanged
Beaird Harris Wealth Management, LLC54$3.06K0.00%00.0%Unchanged
Reyes Financial Architecture, Inc.51$2.89K0.00%+51New
Cornerstone Financial Management LLC49$2.77K0.00%+49New
Stone House Investment Management, LLC46$2.60K0.00%00.0%Unchanged
Kilter Group LLC38$2.14K0.00%+14+58.3%Added
Private Wealth Asset Management, LLC37$2.10K0.00%00.0%Unchanged