Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

British Amern Tob plc (BTI)

862 + Investors. Track Smart Money conviction in BTI. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +50
Streak
9Q ▲
Buyers last Q
62%

Smart Money Signals — BTI

Based on 870 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 9 quarters in a row

last 6Q
For 9 consecutive quarters, more hedge funds added BTI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
870 hedge funds hold BTI right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +37% more funds vs a year ago

fund count last 6Q
+237 new funds entered over the past year (+37% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 62% buying

512 buying308 selling
Last quarter: 512 funds were net buyers (123 opened a brand new position + 389 added to an existing one). Only 308 were sellers (235 trimmed + 73 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-9 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 141 → 131 → 132 → 123. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 25% medium ■ 20% new
473 out of 870 hedge funds have held BTI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~123 new funds/quarter

93 → 141 → 131 → 132 → 123 new funds/Q
New funds entering each quarter: 141 → 131 → 132 → 123. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 63% of holders stayed 2+ years

■ 63% veterans ■ 12% 1-2yr ■ 26% new
Of 903 current holders: 565 (63%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
🏆

Elite ownership — 58% AUM from top-100 funds

58% from top-100 AUM funds
51 of 870 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in BTI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BTI

In 2026 Q1, 512 hedge funds were net buyers of BTI (123 opened a new position, 389 added to an existing one), while 308 reduced or exited (235 trimmed, 73 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 58% of total institutional value in BTI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +50 funds (more new holders than closures). Total institutional holders: 870.

Hedge Fund Ownership: BTI

How many hedge funds hold BTI — quarterly history vs. share price
Quarterly hedge fund ownership of BTI vs. share price

Market Analysis: BTI

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BTI

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy British Amern Tob plc (BTI) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much BTI has moved relative to its sector benchmark (XLP) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 76d ago
BTI
+6.6%
XLP
+4.7%

BTI outperformed XLP by +1.9% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 31d ago
BTI
-4.3%
XLP
+1.4%

Since the filing became public, BTI outperformed XLP by -5.7% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

36 top-rated funds 19 high-conviction
Consensus
6.8
/ 10
breadth
×
Elite
5.4
/ 10
conviction
Hedge Fund Positioning: BTI
862 + Investors

Track Smart Money conviction in BTI. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 862 820 5.12%
13F Shares 320M 299M 7.04%
Total Value $18.34B $16.90B 8.48%
New Positions 120 132 -12
Increased Positions 379 310 +69
Closed Positions 78 75 +3
Reduced Positions 223 256 -33
Total Calls 21 21 -
Total Puts 18 19 -5.26%
PUT/CALL Ratio 0.86 0.9 Neutral

Statistics: BTI

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Enterprise Value/EBITDA --
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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

862 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BTI. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BTI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Smith Thomas W 22.97% 397,500 $23.2M
2 Epacria Capital Partners, LLC 13.15% 290,381 $17.0M
3 Kize Capital LP 10.35% 141,000 $8.2M
4 Contrarius Group Holdings Ltd 9.35% 2,823,441 $165.1M
5 Kennon-Green & Company, LLC 6.63% 138,312 $8.1M
6 Investment Management Associates Inc /Adv 6.27% 450,133 $26.3M
7 Callodine Capital Management, LP 4.41% 1,077,491 $63.0M
8 Savoir Faire Capital Management, L.P. 4.40% 124,498 $7.3M
9 McGowan Group Asset Management, Inc. 4.18% 561,466 $32.8M
10 Prescott General Partners LLC 3.94% 920,100 $53.8M
11 Dupree Financial Group, LLC 3.86% 163,976 $9.6M
12 Empyrean Capital Partners, LP 3.67% 1,925,000 $112.6M
13 SALT Holding Corp. 3.38% 95,589 $5.6M
14 Mondrian Investment Partners LTD 3.24% 3,708,963 $216.9M
15 First Sabrepoint Capital Management LP 3.18% 150,000 $8.8M
16 Abc Arbitrage SA 3.03% 390,728 $22.8M
17 Maple Rock Capital Partners Inc. 3.02% 1,589,100 $92.9M
18 Madison Avenue Partners, LP 2.86% 1,123,767 $65.7M
19 Orca Wealth Management, LLC 2.78% 66,810 $3.9M
20 Keystone Financial Planning, Inc. 2.61% 167,249 $9.8M
21 GQG Partners LLC 2.57% 27,683,334 $1.62B
22 TrueMark Investments, LLC 2.56% 224,796 $13.1M
23 Lifetime Wealth Management P.C. 2.44% 73,287 $4.3M
24 Opal Capital LLC 2.33% 224,796 $13.1M
25 Transmarket Holdings LP 2.26% 54,724 $3.1M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — British Amern Tob plc (BTI)

What does the Smart Money Trend signal show for BTI?

Buying streak — 9 quarters in a row: For 9 consecutive quarters, more hedge funds added BTI than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BTI?

More buyers than sellers — 62% buying: Last quarter: 512 funds were net buyers (123 opened a brand new position + 389 added to an existing one). Only 308 were sellers (235 trimmed + 73 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BTI holders?

Elite ownership — 58% AUM from top-100 funds: 51 of 870 holders are among the 100 largest funds by AUM, controlling 58% of total institutional value in BTI. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held BTI?

54% of holders stayed for 2+ years: 473 out of 870 hedge funds have held BTI for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy British Amern Tob plc (BTI) following the 2026 Q1 hedge fund 13F filings?

As of today, BTI has moved -4.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.4% for the XLP sector ETF — an outperformance of -5.7%. Since the quarter end (March 31, 2026), BTI has gained +6.6% vs +4.7% for XLP. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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