Michels Family Financial, LLC BTI — BRITISH AMERN TOB PLC

Ownership history in Michels Family Financial, LLC  ·  7 quarters on record

AI Ownership Summary

Michels Family Financial, LLC reported BRITISH AMERN TOB PLC (BTI) in 7 quarterly 13F filings from 2024 Q4 through 2026 Q2. Peak portfolio weight reached 0.77% in 2025 Q2. The latest visible filing shows BTI at 0.69% of the fund.

This page tracks quarterly shares, estimated market value, portfolio weight, filing dates, and disclosure-aligned stock prices directly from SEC EDGAR 13F filings.

What this BTI ownership page tells you

This page is designed to answer the real investor question behind a 13F filing: how meaningful was Michels Family Financial, LLC's position in BRITISH AMERN TOB PLC, and how did that conviction change over time? You can read the holding window, peak weight, latest reported size, disclosure timing, and quarter-by-quarter changes without piecing the story together from raw SEC rows.

Freshest filing
Latest Reported Filing
2026 Q2

BTI was reported at 0.69% of portfolio in the most recent visible filing.

High-water mark
Peak Conviction
0.77% in 2025 Q2

Peak weight helps separate a token disclosure from a real conviction holding the fund genuinely cared about.

Time in book
Holding Window
2024 Q4 to 2026 Q2

Longer holding windows often tell a very different story from short-lived tactical trades or one-quarter experiments.

Decision context
Why It Matters
Position size beats headlines

Knowing that a fund owned a stock is useful. Knowing whether it was a 0.20% placeholder or a true high-conviction position is where the signal actually starts.

BTI stock page Michels Family Financial, LLC fund profile Michels Family Financial, LLC full holdings
How Michels Family Financial, LLC held BTI — position size vs. price
% of Fund (quarterly)    BTI price (quarter-end, indexed to 100)    SPY (indexed to 100)    QQQ (indexed to 100)
📋 Quarterly Holdings History 7 quarters  ▾
Quarter Action Sold % After 3M Timing Shares Change Chg % % of Fund Mkt Value Filed Price (Filed)
2026 Q2 ADDED — — — 17,387 +289 +1.7% 0.69% $1.1M 2026-08-14 $57.06
2026 Q1 ADDED — — — 17,098 +189 +1.1% 0.72% $1000K 2026-04-24 $57.29
2025 Q4 ADDED — — — 16,909 +244 +1.5% 0.70% $957K 2026-02-19 $59.29
2025 Q3 REDUCED 12.2% +9.0% ❌ 16,665 -2,318 -12.2% 0.69% $885K 2025-11-10 $53.17
2025 Q2 ADDED — — — 18,983 +249 +1.3% 0.77% $898K 2025-07-17 $48.54
2025 Q1 ADDED — — — 18,734 +422 +2.3% 0.70% $775K 2025-05-15 $38.51
2024 Q4 INITIATED — — — 18,312 — — 0.61% $665K 2025-02-20 $35.23

🏢 Other funds also holding BTI

As of 2026 Q2 — sorted by position size

EPACRIA CAPITAL PARTNERS, LLC 3Y 13.84% KIZE CAPITAL LP 3Y 10.01% SMITH THOMAS W 3Y 7Y 9.93% Kennon-Green & Company, LLC 3Y 6.62% Savoir Faire Capital Management, L.P. 6.24% ABC ARBITRAGE SA 4.88% Euro Pacific Asset Management, LLC 3Y 4.51% McGowan Group Asset Management, Inc. 3Y 7Y 4.17% Callodine Capital Management, LP 3Y 7Y 4.07% Empyrean Capital Partners, LP 3Y 7Y 3.93%

FAQ About Michels Family Financial, LLC and BTI

These are the practical questions this page is built to answer before you even open the full history table.

How long has Michels Family Financial, LLC reported owning BTI?

Michels Family Financial, LLC reported BTI across 7 quarterly 13F filings, from 2024 Q4 through 2026 Q2.

What was the largest reported BTI position in Michels Family Financial, LLC's portfolio?

The largest reported portfolio weight for BTI was 0.77% in 2025 Q2.

What is the latest reported BTI position on this page?

The most recent filing on this page is 2026 Q2, when Michels Family Financial, LLC reported 17,387 shares, equal to 0.69% of portfolio, with an estimated market value of $1.1M.

What does the chart on this BTI ownership page compare?

The chart compares Michels Family Financial, LLC's quarterly BTI portfolio weight with the stock's indexed share price, so you can see whether the fund was building, trimming, or holding the position as price moved.

How well did Michels Family Financial, LLC time their BTI position?

Based on 13F filing dates vs. subsequent BTI price moves, Michels Family Financial, LLC correctly timed 3 out of 6 reported position changes (50%). The annualised alpha on BTI relative to SPY over the holding period was +16.4%.

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