Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
857 institutional managers reported holding BTI for the quarter ended Mar 31, 2026. Together they hold about 14% of shares outstanding; the top 10 hold 9%. 114 opened new positions; 76 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Capital International Investors | 48.82M | 2.23% | $2.86B | trimmed -24.2% | 2017 Q2 |
| FMR (Fidelity) | 36.69M | 1.68% | $2.15B | added +18% | ≤2013 |
| Capital Research Global Investors | 30.96M | 1.42% | $1.81B | added +38.6% | 2017 Q3 |
| GQG Partners | 27.68M | 1.27% | $1.62B | trimmed -1.4% | 2024 Q3 |
| BlackRock | 19.15M | 0.88% | $1.12B | added +80.2% | ≤2013 |
| Bank OF America CORP /DE/ | 9.74M | 0.45% | $569.5M | added +34.4% | ≤2013 |
| Capital Group (American Funds) | 9.69M | 0.44% | $566.7M | added +1.8% | 2017 Q2 |
| Orbis Allan Gray LTD | 7.71M | 0.35% | $450.7M | trimmed -17.1% | 2019 Q1 |
| Morgan Stanley | 5.20M | 0.24% | $304.1M | added +8% | ≤2013 |
| Wells Fargo & COMPANY/MN | 4.65M | 0.21% | $271.9M | added +20.8% | ≤2013 |
| Two Sigma | 4.22M | 0.19% | $247.1M | added +78.5% | 2021 Q1 |
| Natixis Advisors, LLC | 4.15M | 0.19% | $242.5M | added +26.9% | ≤2013 |
| Envestnet Asset Management INC | 4.13M | 0.19% | $241.7M | added +38.6% | ≤2013 |
| Jones Financial Companies Lllp | 3.89M | 0.18% | $227.3M | added +3117.1% | 2020 Q4 |
| Northern Trust | 3.84M | 0.17% | $224.4M | added +54.8% | ≤2013 |
| Raymond James Financial INC | 3.79M | 0.17% | $221.8M | added +28.2% | ≤2013 |
| Mondrian Investment Partners LTD | 3.71M | 0.17% | $216.9M | trimmed -1% | 2024 Q2 |
| Federated Hermes, INC. | 3.70M | 0.17% | $216.3M | trimmed -2.1% | ≤2013 |
| Marshall Wace | 3.31M | 0.15% | $193.5M | added +165.4% | 2025 Q3 |
| Citadel Advisors | 3.14M | 0.14% | $183.6M | added +44.8% | 2013 Q4 |
| Goldman Sachs | 2.85M | 0.13% | $166.9M | added +9.7% | ≤2013 |
| Contrarius Group Holdings LTD (focused) | 2.82M | 0.13% | $165.1M | opened | 2026 Q1 |
| Newport Trust Company, LLC | 2.53M | 0.12% | $148.2M | trimmed -3% | 2017 Q4 |
| Royal Bank OF Canada | 2.41M | 0.11% | $141.2M | added +18.1% | ≤2013 |
| LPL Financial LLC | 2.39M | 0.11% | $139.8M | added +14.2% | ≤2013 |
| WCM Investment Management | 2.36M | 0.11% | $138.2M | added +3899.7% | 2025 Q3 |
| Empyrean Capital Partners, LP | 1.93M | 0.09% | $112.6M | trimmed -12.5% | 2025 Q2 |
| Connor, Clark & Lunn Investment Management LTD. | 1.79M | 0.08% | $104.9M | added +772% | 2023 Q4 |
| First Eagle Investment Management | 1.67M | 0.08% | $97.6M | added +18.5% | 2020 Q4 |
| Capital International, INC./CA/ | 1.61M | 0.07% | $93.9M | added +28.1% | 2022 Q4 |
| Maple Rock Capital Partners INC. (focused) | 1.59M | 0.07% | $92.9M | trimmed -4% | 2025 Q2 |
| Cullen Capital Management, LLC | 1.34M | 0.06% | $78.6M | added +0.7% | ≤2013 |
| SEI Investments CO | 1.30M | 0.06% | $76.3M | added +75.3% | 2014 Q4 |
| UBS | 1.21M | 0.06% | $70.6M | added +229.9% | ≤2013 |
| Madison Avenue Partners, LP (focused) | 1.12M | 0.05% | $65.7M | trimmed -8.2% | 2025 Q3 |
| Callodine Capital Management, LP | 1.08M | 0.05% | $63.0M | added +58.4% | 2025 Q2 |
| Prescott General Partners LLC (focused) | 920.1k | 0.04% | $53.8M | added +318% | 2024 Q2 |
| Stifel Financial CORP | 882.8k | 0.04% | $51.6M | added +38% | 2014 Q3 |
| Qube Research & Technologies LTD | 839.6k | 0.04% | $49.1M | trimmed -45.7% | 2022 Q1 |
| Todd Asset Management LLC | 804.7k | 0.04% | $47.1M | added +0.6% | ≤2013 |
| First Trust Advisors LP | 783.2k | 0.04% | $45.8M | trimmed -2.9% | 2024 Q2 |
| Grantham, Mayo, Van Otterloo & CO. LLC | 766.7k | 0.04% | $44.8M | trimmed -49.6% | ≤2013 |
| Bridgewater Associates | 765.8k | 0.04% | $44.8M | trimmed -74.1% | 2024 Q3 |
| Dimensional Fund Advisors | 762.8k | 0.04% | $44.6M | added +0.7% | ≤2013 |
| State Street | 740.7k | 0.03% | $43.3M | trimmed -2% | 2014 Q1 |
| Capital Fund Management S.a. | 727.2k | 0.03% | $42.5M | trimmed -13.4% | 2023 Q1 |
| MFS Investment Management | 684.9k | 0.03% | $40.1M | added +21.1% | 2018 Q2 |
| Bahl & Gaynor INC | 663.5k | 0.03% | $38.8M | added +8142.9% | 2025 Q2 |
| Euro Pacific Asset Management, LLC | 653.4k | 0.03% | $38.2M | trimmed -0.7% | 2019 Q4 |
| Assetmark, INC | 640.1k | 0.03% | $37.4M | added +14.7% | 2015 Q2 |
Largest 50 of 857 shown; the full ranked, searchable register is at boothcheck.com/holders/BTI. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.