| Filer | Ownership | Change % | Holdings Value | Net Change | Nb Shares | Change % | Reporting Name | Report Period |
|---|---|---|---|---|---|---|---|---|
| Portfolio Services Ltd. | 2.8% | -50% | $3,259,668,597 | -$2,869,712,449 | 61,410,486 | -47% | Portfolio Services Ltd. | 25 Sep 2025 |
As of 31 Dec 2025, 801 institutional investors reported holding 289,421,518 shares of British American Tobacco p.l.c. - Ordinary Shares (BTI). This represents 13% of the company’s total 2,193,231,643 outstanding shares.
The largest institutional shareholders of British American Tobacco p.l.c. - Ordinary Shares (BTI) together control 11% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.
| Institution | Ownership % | Shares Held | Share Change % | Portfolio % | Holdings Value |
|---|---|---|---|---|---|
| Capital International Investors | 2.9% | 64,389,481 | +0.52% | 0.57% | $3,645,500,416 |
| FMR LLC | 1.4% | 31,095,442 | +52% | 0.09% | $1,760,623,917 |
| GQG Partners LLC | 1.3% | 28,062,747 | -1.7% | 2.6% | $1,588,913,012 |
| Capital Research Global Investors | 1% | 22,333,402 | +1.2% | 0.23% | $1,264,512,166 |
| BlackRock, Inc. | 0.48% | 10,627,783 | -2.4% | 0.01% | $601,745,092 |
| Capital World Investors | 0.43% | 9,518,567 | +0.51% | 0.07% | $538,935,434 |
| Orbis Allan Gray Ltd | 0.42% | 9,300,901 | -2.3% | 2.2% | $526,617,014 |
| BANK OF AMERICA CORP /DE/ | 0.33% | 7,242,267 | +4.4% | 0.03% | $410,057,147 |
| MORGAN STANLEY | 0.22% | 4,812,348 | -8.6% | 0.02% | $272,475,258 |
| WELLS FARGO & COMPANY/MN | 0.18% | 3,847,891 | +7.1% | 0.04% | $217,867,554 |
| FEDERATED HERMES, INC. | 0.17% | 3,777,292 | -0.05% | 0.36% | $213,870,273 |
| Mondrian Investment Partners LTD | 0.17% | 3,745,088 | -11% | 3.5% | $212,046,881 |
| NATIXIS ADVISORS, LLC | 0.15% | 3,266,600 | +5.3% | 0.26% | $184,955,000 |
| ENVESTNET ASSET MANAGEMENT INC | 0.14% | 2,980,787 | -1.4% | 0.05% | $168,772,145 |
| RAYMOND JAMES FINANCIAL INC | 0.13% | 2,957,745 | +3.7% | 0.05% | $167,467,424 |
| Bridgewater Associates, LP | 0.13% | 2,952,078 | -21% | 0.61% | $167,146,656 |
| JPMORGAN CHASE & CO | 0.12% | 2,641,287 | -3% | 0.01% | $149,549,718 |
| Newport Trust Company, LLC | 0.12% | 2,611,105 | +0.34% | 0.35% | $147,840,765 |
| GOLDMAN SACHS GROUP INC | 0.12% | 2,601,401 | -22% | 0.02% | $147,291,299 |
| NORTHERN TRUST CORP | 0.11% | 2,478,557 | -1.7% | 0.02% | $140,335,897 |
| TWO SIGMA INVESTMENTS, LP | 0.11% | 2,366,970 | -0.71% | 0.2% | $134,017,841 |
| Empyrean Capital Partners, LP | 0.1% | 2,200,000 | 0% | 4.3% | $124,564,000 |
| CITADEL ADVISORS LLC | 0.1% | 2,167,126 | +58% | 0.08% | $122,702,674 |
| LPL Financial LLC | 0.1% | 2,092,770 | +5.6% | 0.03% | $118,492,655 |
| ROYAL BANK OF CANADA | 0.09% | 2,043,558 | -0.44% | 0.02% | $115,706,000 |
| Period | Reported Shares, Excl. Options | Value, Excl. Options | Value Change | Price (Median) | Investors |
|---|---|---|---|---|---|
| 2025 Q4 | 289,421,518 | $16,384,700,794 | +$605,755,780 | $56.62 | 801 |
| 2025 Q3 | 278,810,622 | $14,797,621,868 | +$784,115,638 | $53.08 | 764 |
| 2025 Q2 | 258,987,459 | $12,258,768,775 | +$2,466,430,761 | $47.33 | 710 |
| 2025 Q1 | 212,172,970 | $8,775,734,541 | +$948,936,843 | $41.37 | 637 |
| 2024 Q4 | 189,585,736 | $6,902,240,879 | +$254,579,899 | $36.32 | 612 |
| 2024 Q3 | 178,353,904 | $6,523,638,681 | +$936,321,925 | $36.58 | 605 |
| 2024 Q2 | 157,519,694 | $4,878,330,402 | +$377,386,366 | $30.93 | 562 |
| 2024 Q1 | 145,145,423 | $4,427,692,527 | +$269,139,057 | $30.50 | 568 |
| 2023 Q4 | 136,422,456 | $3,997,564,262 | -$277,033,013 | $29.29 | 548 |
| 2023 Q3 | 144,050,774 | $4,525,966,277 | -$290,364,523 | $31.41 | 547 |
| 2023 Q2 | 152,847,203 | $5,073,449,242 | -$623,435,365 | $33.20 | 564 |
| 2023 Q1 | 169,431,633 | $5,952,698,252 | +$107,139,804 | $35.12 | 564 |
| 2022 Q4 | 169,070,085 | $6,760,091,912 | +$912,448,694 | $39.98 | 577 |
| 2022 Q3 | 145,728,470 | $5,177,657,152 | -$205,908,412 | $35.50 | 520 |
| 2022 Q2 | 150,717,259 | $6,470,189,196 | +$267,387,506 | $42.91 | 559 |
| 2022 Q1 | 147,309,158 | $6,214,546,258 | +$1,053,352,497 | $42.16 | 542 |
| 2021 Q4 | 122,430,243 | $4,580,692,621 | +$548,270,241 | $37.41 | 521 |
| 2021 Q3 | 107,423,463 | $3,800,075,162 | -$391,261,886 | $35.28 | 477 |
| 2021 Q2 | 117,774,420 | $4,629,947,441 | +$94,291,901 | $39.31 | 472 |
| 2021 Q1 | 115,496,109 | $4,474,454,006 | +$6,583,311 | $38.74 | 463 |
| 2020 Q4 | 115,904,645 | $4,347,216,794 | -$219,106,790 | $37.49 | 447 |
| 2020 Q3 | 122,157,251 | $4,413,734,715 | -$178,796,236 | $36.15 | 417 |
| 2020 Q2 | 127,060,446 | $4,913,701,198 | +$318,979,232 | $38.82 | 416 |
| 2020 Q1 | 118,921,382 | $4,070,456,521 | +$133,540,439 | $34.19 | 404 |
| 2019 Q4 | 114,435,686 | $4,860,658,095 | +$49,169,779 | $42.46 | 446 |
| 2019 Q3 | 113,119,913 | $4,173,592,869 | -$223,316,421 | $36.90 | 410 |
| 2019 Q2 | 119,347,442 | $4,165,524,666 | -$394,548,048 | $34.87 | 425 |
| 2019 Q1 | 129,779,710 | $5,415,904,622 | -$149,384,240 | $41.72 | 469 |
| 2018 Q4 | 134,773,972 | $4,296,209,945 | -$839,229,122 | $31.86 | 424 |
| 2018 Q3 | 159,139,301 | $7,418,675,841 | -$34,589,991 | $46.63 | 502 |
| 2018 Q2 | 159,852,410 | $8,060,283,298 | -$1,346,734,351 | $50.45 | 509 |
| 2018 Q1 | 185,821,347 | $10,712,692,704 | -$202,876,442 | $57.69 | 570 |
| 2017 Q4 | 188,943,582 | $12,647,062,235 | -$1,116,770,239 | $66.99 | 597 |
| 2017 Q3 | 200,823,864 | $12,540,732,274 | +$5,655,395,188 | $62.45 | 587 |
| 2017 Q2 | 109,712,033 | $7,519,036,850 | +$188,202,660 | $68.54 | 323 |
| 2017 Q1 | 106,361,882 | $7,054,254,353 | +$4,831,243,290 | $66.32 | 310 |
| 2016 Q4 | 33,820,512 | $3,810,782,757 | +$847,328,041 | $112.67 | 299 |
| 2016 Q3 | 26,120,076 | $3,333,554,274 | -$177,139,368 | $127.65 | 283 |
| 2016 Q2 | 27,526,510 | $3,563,280,727 | -$46,675,049 | $129.48 | 282 |
| 2016 Q1 | 27,943,095 | $3,267,140,052 | -$156,602,959 | $116.91 | 267 |
| 2015 Q4 | 29,297,626 | $3,235,547,109 | -$169,874,997 | $110.45 | 269 |
| 2015 Q3 | 30,821,275 | $3,395,300,038 | -$1,158,576 | $110.08 | 254 |
| 2015 Q2 | 31,839,901 | $3,447,026,547 | -$43,781,440 | $108.25 | 243 |
| 2015 Q1 | 32,201,291 | $3,341,711,969 | -$57,437,661 | $103.77 | 243 |
| 2014 Q4 | 32,827,744 | $3,540,040,884 | +$4,273,434 | $107.82 | 247 |
| 2014 Q3 | 32,496,037 | $3,674,933,628 | +$7,347,803 | $113.08 | 235 |
| 2014 Q2 | 32,522,684 | $3,872,558,307 | -$101,352,374 | $119.08 | 228 |
| 2014 Q1 | 33,389,525 | $3,720,754,070 | +$43,018,494 | $111.43 | 219 |