Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Is British American Tobacco PLC (ADR) (BTI) Going to Burn These Hedge Funds?

Page 1 of 2

Does British American Tobacco PLC (ADR) (NYSEMKT:BTI) represent a good buying opportunity at the moment? Let’s briefly check the hedge fund sentiment towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on research activities, so it is no wonder why they tend to generate millions in profits each year. It is also true that some hedge fund players fail inconceivably on some occasions, but their stock picks have been generating superior risk-adjusted returns on average over the years.

British American Tobacco PLC (ADR) (NYSEMKT:BTI) shareholders have witnessed an increase in enthusiasm from smart money lately. At the end of this article we will also compare BTI to other stocks including TOTAL S.A. (ADR) (NYSE:TOT), BP plc (ADR) (NYSE:BP), and Mastercard Inc (NYSE:MA) to get a better sense of its popularity.

Follow British American Tobacco Plc (NYSEMKT:BTI)
Trade (NYSEMKT:BTI) Now!

According to most stock holders, hedge funds are seen as slow, old financial vehicles of yesteryear. While there are greater than 8000 funds with their doors open at the moment, We look at the top tier of this group, approximately 700 funds. These money managers administer the lion’s share of the smart money’s total capital, and by observing their finest stock picks, Insider Monkey has unearthed a few investment strategies that have historically outstripped the broader indices. Insider Monkey’s small-cap hedge fund strategy surpassed the S&P 500 index by 12 percentage points annually for a decade in their back tests.

Now, let’s take a gander at the recent action surrounding British American Tobacco PLC (ADR) (NYSEMKT:BTI).

What have hedge funds been doing with British American Tobacco PLC (ADR) (NYSEMKT:BTI)?

At the end of the third quarter, a total of 15 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of 7% from one quarter earlier. With the smart money’s sentiment swirling, there exists a select group of key hedge fund managers who were boosting their stakes meaningfully (or already accumulated large positions).

Of the funds tracked by Insider Monkey, Gardner Russo & Gardner, managed by Tom Russo, holds the largest position in British American Tobacco PLC (ADR) (NYSEMKT:BTI). Gardner Russo & Gardner has an $274.3 million position in the stock, comprising 2.5% of its 13F portfolio. The second largest stake is held by Peter Rathjens, Bruce Clarke and John Campbell of Arrowstreet Capital, with a $53.3 million position; 0.3% of its 13F portfolio is allocated to the company. Remaining hedge funds and institutional investors with similar optimism consist of Jim Simons’s Renaissance Technologies, William B. Gray’s Orbis Investment Management and Joel Greenblatt’s Gotham Asset Management.

Page 1 of 2

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!