L3VLUP
Quarter end
30 Jun 2026
the date the book describes
Filed
27 Oct 2026
latest of these filings; the earliest 3 Aug 2026
Managers listing it
29
at least, of 95 tracked, among listed positions
Comparable managers
91
filed both Q1 2026 and Q2 2026; 11 listed it in both
Shares listed
98,911,304
combined, among listed positions
Reported value
$6.1bn
combined, at the quarter end

AllianceBernstein LP. Values in this filing are at the previous quarter end's prices; its share count is the quarter end's.

Among the 91 comparable managers: 18 buyers (opened or added shares) and 15 sellers (trimmed or exited), at least, among listed positions. Their net change in shares was +3,674,468.

Managers listing BTI in Q2 2026

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2026, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

29 of 29 holders

ActionFiling
Fidelity (FMR LLC)44,158,315$2.7bn0.12%Added+7,470,09613 Aug 2026 (the filing on sec.gov)
Capital Research Global Investors30,330,845$1.9bn0.26%Trimmed-632,05612 Aug 2026 (the filing on sec.gov)
Capital World Investors9,737,992$602m0.07%Added+49,68712 Aug 2026 (the filing on sec.gov)
Marshall Wace LLP3,270,886$202m0.16%Trimmed-37,11013 Aug 2026 (the filing on sec.gov)
Citadel Advisors LLC3,069,691$190munder 0.1%Trimmed-69,3412 Sep 2026 (the filing on sec.gov)
First Eagle Investment Management LLC1,718,852$106m0.17%Added+50,3305 Aug 2026 (the filing on sec.gov)
Two Sigma Investments LP1,199,554$74m0.05%Trimmed-3,024,61414 Aug 2026 (the filing on sec.gov)
D. E. Shaw & Co.1,075,285$66munder 0.1%Added+635,90214 Aug 2026 (the filing on sec.gov)
MFS Investment Management772,733$48munder 0.1%Added+87,8753 Aug 2026 (the filing on sec.gov)
Neuberger Berman Group LLC523,032$32munder 0.1%Added+113,42627 Oct 2026 (the filing on sec.gov)
Bridgewater Associates LP506,686$31m0.13%Trimmed-259,16214 Aug 2026 (the filing on sec.gov)
Invesco Ltd501,006$31munder 0.1%Added+2,28014 Aug 2026 (the filing on sec.gov)
Freestone Grove Partners LP458,286$28m0.18%Added+458,28214 Aug 2026 (the filing on sec.gov)
Millennium Management LLC329,156$20munder 0.1%Trimmed-65,77714 Aug 2026 (the filing on sec.gov)
Wellington Management Group LLP307,311$19munder 0.1%Added+79,08414 Aug 2026 (the filing on sec.gov)
AQR Capital Management LLC256,655$16munder 0.1%Trimmed-2,51214 Aug 2026 (the filing on sec.gov)
Verition Fund Management LLC180,000$11m0.06%Added+40,00014 Aug 2026 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC132,462$8.2munder 0.1%Added+126,00714 Aug 2026 (the filing on sec.gov)
Arrowstreet Capital LP103,004$6.4munder 0.1%Newnew13 Aug 2026 (the filing on sec.gov)
Susquehanna International Group LLP86,861$5.4munder 0.1%Added+76,48614 Aug 2026 (the filing on sec.gov)
AllianceBernstein LP49,221$2.9munder 0.1%Added+31,24314 Aug 2026 (the filing on sec.gov)
Balyasny Asset Management LLC46,074$2.8munder 0.1%Trimmed-20,96614 Aug 2026 (the filing on sec.gov)
Maverick Capital Ltd36,682$2.3munder 0.1%Added+1,62914 Aug 2026 (the filing on sec.gov)
Quantbot Technologies LP23,385$1.4m0.06%Added+18,89512 Aug 2026 (the filing on sec.gov)
Acadian Asset Management LLC18,398$1.1munder 0.1%Trimmed-31513 Aug 2026 (the filing on sec.gov)
Page 1 of 2

Largest increases and reductions, by shares

Q1 2026 to Q2 2026, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
10 in Q3 2024 to 13 in Q2 2026

Tracked managers listing it, at least.

0510152014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
BTI by quarter
QuarterHoldersReported valueBuyersSellers
Q2 20134$1.7bnn.a.n.a.
Q3 20134$1.7bnn.a.n.a.
Q4 20134$2.0bnn.a.n.a.
Q1 20145$2.1bnn.a.n.a.
Q2 20144$2.0bnn.a.n.a.
Q3 20143$1.9bnn.a.n.a.
Q4 20145$1.8bnn.a.n.a.
Q1 20156$1.6bnn.a.n.a.
Q2 20156$1.6bnn.a.n.a.
Q3 20157$1.4bnn.a.n.a.
Q4 20157$1.5bnn.a.n.a.
Q1 20165$1.3bnn.a.n.a.
Q2 20164$1.3bnn.a.n.a.
Q3 20163$1.1bnn.a.n.a.
Q4 20164$1.3bnn.a.n.a.
Q1 20176$2.3bnn.a.n.a.
Q2 20177$2.6bnn.a.n.a.
Q3 201712$4.8bnn.a.n.a.
Q4 201714$4.7bnn.a.n.a.
Q1 201812$4.1bnn.a.n.a.
Q2 201812$3.4bnn.a.n.a.
Q3 201811$3.0bnn.a.n.a.
Q4 201812$2.1bnn.a.n.a.
Q1 201911$2.3bnn.a.n.a.
Q2 20197$1.4bnn.a.n.a.
Q3 20197$1.5bnn.a.n.a.
Q4 20198$1.7bnn.a.n.a.
Q1 20208$1.3bnn.a.n.a.
Q2 20206$1.4bnn.a.n.a.
Q3 20205$920mn.a.n.a.
Q4 20207$1.0bnn.a.n.a.
Q1 20216$629mn.a.n.a.
Q2 20218$527mn.a.n.a.
Q3 20217$375mn.a.n.a.
Q4 20218$535mn.a.n.a.
Q1 20226$592mn.a.n.a.
Q2 20226$622mn.a.n.a.
Q3 20226$467mn.a.n.a.
Q4 202210$824mn.a.n.a.
Q1 20239$820mn.a.n.a.
Q2 20239$762mn.a.n.a.
Q3 20235$616mn.a.n.a.
Q4 20237$707m43
Q1 20246$660m33
Q2 20245$637m32
Q3 202410$1.1bn73
Q4 20247$1.2bn61
Q1 20258$1.4bn62
Q2 20259$2.4bn81
Q3 202512$3.4bn93
Q4 202511$4.2bn1914
Q1 202612$5.4bn227
Q2 202613$5.7bn1815

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

BTI and PM →BTI and KO →BTI and COST →Choose a stock to compare with BTI →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own BTI, latest filings →Back to the 13F Explorer →