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
↑ +54
Streak
9Q ▲
Buyers last Q
63%

Smart Money Signals — BTI

Based on 875 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
875 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 — +38% more funds vs a year ago

fund count last 6Q
+241 new funds entered over the past year (+38% 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 — 63% buying

516 buying308 selling
Last quarter: 516 funds were net buyers (126 opened a brand new position + 390 added to an existing one). Only 308 were sellers (236 trimmed + 72 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 142 → 132 → 132 → 126. 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 ■ 21% new
473 out of 875 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 — ~126 new funds/quarter

93 → 142 → 132 → 132 → 126 new funds/Q
New funds entering each quarter: 142 → 132 → 132 → 126. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 62% veterans vs 26% newcomers

■ 62% veterans ■ 12% 1-2yr ■ 26% new
Entry-cohort mix of 908 holders: 565 (62%) are 2+ year veterans, 105 entered 1–2 years ago, and 238 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 64% AUM from top-100 funds

64% from top-100 AUM funds
52 of 869 holders are among the 100 largest funds by AUM, controlling 64% 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, 516 hedge funds were net buyers of BTI (126 opened a new position, 390 added to an existing one), while 308 reduced or exited (236 trimmed, 72 sold completely) — a 63% buyer ratio, indicating clear institutional accumulation. This marks 9 consecutive quarters of net institutional buying — a persistent conviction signal. 64% of total institutional value in BTI is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +54 funds (more new holders than closures). Total institutional holders: 875.

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.

Loading signal freshness…
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
2026 Q2 Stats Unlock in 3 days 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

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

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:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 BTI holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Epacria Capital Partners, LLC 13.84% 290,381 $17.9M
2 Kize Capital LP 10.01% 126,000 $7.8M
3 Smith Thomas W 9.93% 181,000 $11.2M
4 Kennon-Green & Company, LLC 6.62% 137,568 $8.5M
5 Savoir Faire Capital Management, L.P. 6.24% 162,691 $10.0M
6 Abc Arbitrage SA 4.88% 731,156 $45.2M
7 McGowan Group Asset Management, Inc. 4.17% 555,566 $34.3M
8 Callodine Capital Management, LP 4.07% 1,008,609 $62.3M
9 Empyrean Capital Partners, LP 3.93% 1,925,000 $118.9M
10 Dupree Financial Group, LLC 3.91% 168,816 $10.4M
11 Mondrian Investment Partners LTD 3.51% 3,682,956 $227.5M
12 Investment Management Associates Inc /Adv 3.45% 272,457 $16.8M
13 First Sabrepoint Capital Management LP 3.25% 160,000 $9.9M
14 SALT Holding Corp. 3.13% 95,589 $5.9M
15 Prescott General Partners LLC 2.90% 920,100 $56.8M
16 Opal Capital LLC 2.85% 258,128 $15.9M
17 GQG Partners LLC 2.82% 24,566,708 $1.52B
18 Madison Avenue Partners, LP 2.77% 1,043,302 $64.4M
19 Keystone Financial Planning, Inc. 2.63% 165,273 $10.2M
20 Maple Rock Capital Partners Inc. 2.62% 2,166,000 $133.8M
21 Orca Wealth Management, LLC 2.59% 69,776 $4.3M
22 Adams Asset Advisors, LLC 2.40% 343,016 $21.2M
23 Capricorn Fund Managers Ltd 2.12% 435,252 $26.9M
24 Altrius Capital Management Inc 2.05% 174,404 $10.8M
25 TrueMark Investments, LLC 2.00% 258,128 $15.9M
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 — 63% buying: Last quarter: 516 funds were net buyers (126 opened a brand new position + 390 added to an existing one). Only 308 were sellers (236 trimmed + 72 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BTI holders?

Elite ownership — 64% AUM from top-100 funds: 52 of 869 holders are among the 100 largest funds by AUM, controlling 64% 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 875 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.

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.

Full history →