- Quarter end
- 31 Dec 2024
- the date the book describes
- Filed
- 14 Feb 2025
- latest of these filings; the earliest 10 Feb 2025
- Managers listing it
- 7
- at least, of 95 tracked, among listed positions
- Comparable managers
- 94
- filed both Q3 2024 and Q4 2024; 7 listed it in both
- Shares listed
- 32,393,856
- combined, among listed positions
- Reported value
- $1.2bn
- combined, at the quarter end
Among the 94 comparable managers: 6 buyers (opened or added shares) and 1 seller (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.
Managers listing BTI in Q4 2024
7 of 7 holders
| Action | Filing | |||||
|---|---|---|---|---|---|---|
| Capital Research Global Investors | 15,594,361 | $566m | 0.12% | Added | +47,439 | 13 Feb 2025 (the filing on sec.gov) |
| Arrowstreet Capital LP | 6,094,244 | $221m | 0.18% | Added | +1,196,020 | 12 Feb 2025 (the filing on sec.gov) |
| Citadel Advisors LLC | 5,355,143 | $194m | under 0.1% | Added | +1,255,836 | 14 Feb 2025 (the filing on sec.gov) |
| Bridgewater Associates LP | 2,681,379 | $97m | 0.45% | Added | +1,940,035 | 13 Feb 2025 (the filing on sec.gov) |
| First Eagle Investment Management LLC | 967,976 | $35m | 0.08% | Added | +111,033 | 10 Feb 2025 (the filing on sec.gov) |
| Two Sigma Advisers LP | 877,000 | $32m | 0.07% | Added | +248,700 | 14 Feb 2025 (the filing on sec.gov) |
| Two Sigma Investments LP | 823,753 | $30m | 0.07% | Trimmed | -297,048 | 14 Feb 2025 (the filing on sec.gov) |
Largest increases and reductions, by shares
Increases
- Bridgewater Associates LPexisting position · 2,681,379 shares now+1,940,035
- Citadel Advisors LLCexisting position · 5,355,143 shares now+1,255,836
- Arrowstreet Capital LPexisting position · 6,094,244 shares now+1,196,020
- Two Sigma Advisers LPexisting position · 877,000 shares now+248,700
- First Eagle Investment Management LLCexisting position · 967,976 shares now+111,033
Reductions
- Two Sigma Investments LPexisting position · 823,753 shares now-297,048
New positions and exits
New (0)
No new position among listed positions.
Exited (0)
No exit shown by a manager’s own filing.
Ownership over time
Tracked managers listing it, at least.
| Quarter | Holders | Reported value | Buyers | Sellers |
|---|---|---|---|---|
| Q2 2013 | 4 | $1.7bn | n.a. | n.a. |
| Q3 2013 | 4 | $1.7bn | n.a. | n.a. |
| Q4 2013 | 4 | $2.0bn | n.a. | n.a. |
| Q1 2014 | 5 | $2.1bn | n.a. | n.a. |
| Q2 2014 | 4 | $2.0bn | n.a. | n.a. |
| Q3 2014 | 3 | $1.9bn | n.a. | n.a. |
| Q4 2014 | 5 | $1.8bn | n.a. | n.a. |
| Q1 2015 | 6 | $1.6bn | n.a. | n.a. |
| Q2 2015 | 6 | $1.6bn | n.a. | n.a. |
| Q3 2015 | 7 | $1.4bn | n.a. | n.a. |
| Q4 2015 | 7 | $1.5bn | n.a. | n.a. |
| Q1 2016 | 5 | $1.3bn | n.a. | n.a. |
| Q2 2016 | 4 | $1.3bn | n.a. | n.a. |
| Q3 2016 | 3 | $1.1bn | n.a. | n.a. |
| Q4 2016 | 4 | $1.3bn | n.a. | n.a. |
| Q1 2017 | 6 | $2.3bn | n.a. | n.a. |
| Q2 2017 | 7 | $2.6bn | n.a. | n.a. |
| Q3 2017 | 12 | $4.8bn | n.a. | n.a. |
| Q4 2017 | 14 | $4.7bn | n.a. | n.a. |
| Q1 2018 | 12 | $4.1bn | n.a. | n.a. |
| Q2 2018 | 12 | $3.4bn | n.a. | n.a. |
| Q3 2018 | 11 | $3.0bn | n.a. | n.a. |
| Q4 2018 | 12 | $2.1bn | n.a. | n.a. |
| Q1 2019 | 11 | $2.3bn | n.a. | n.a. |
| Q2 2019 | 7 | $1.4bn | n.a. | n.a. |
| Q3 2019 | 7 | $1.5bn | n.a. | n.a. |
| Q4 2019 | 8 | $1.7bn | n.a. | n.a. |
| Q1 2020 | 8 | $1.3bn | n.a. | n.a. |
| Q2 2020 | 6 | $1.4bn | n.a. | n.a. |
| Q3 2020 | 5 | $920m | n.a. | n.a. |
| Q4 2020 | 7 | $1.0bn | n.a. | n.a. |
| Q1 2021 | 6 | $629m | n.a. | n.a. |
| Q2 2021 | 8 | $527m | n.a. | n.a. |
| Q3 2021 | 7 | $375m | n.a. | n.a. |
| Q4 2021 | 8 | $535m | n.a. | n.a. |
| Q1 2022 | 6 | $592m | n.a. | n.a. |
| Q2 2022 | 6 | $622m | n.a. | n.a. |
| Q3 2022 | 6 | $467m | n.a. | n.a. |
| Q4 2022 | 10 | $824m | n.a. | n.a. |
| Q1 2023 | 9 | $820m | n.a. | n.a. |
| Q2 2023 | 9 | $762m | n.a. | n.a. |
| Q3 2023 | 5 | $616m | n.a. | n.a. |
| Q4 2023 | 7 | $707m | 4 | 3 |
| Q1 2024 | 6 | $660m | 3 | 3 |
| Q2 2024 | 5 | $637m | 3 | 2 |
| Q3 2024 | 10 | $1.1bn | 7 | 3 |
| Q4 2024 | 7 | $1.2bn | 6 | 1 |
| Q1 2025 | 8 | $1.4bn | 6 | 2 |
| Q2 2025 | 9 | $2.4bn | 8 | 1 |
| Q3 2025 | 12 | $3.4bn | 9 | 3 |
| Q4 2025 | 11 | $4.2bn | 19 | 14 |
| Q1 2026 | 12 | $5.4bn | 22 | 7 |
| Q2 2026 | 13 | $5.7bn | 18 | 15 |
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 →