Ray Dalio's BTI Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 2.95 M shares of British American Tobacco p.l.c. (BTI) worth $167.15 M, representing 0.61% of the portfolio. First purchased in 2024-Q3, this short-term holding has been held for 6 quarters.
Based on 13F filings, Ray Dalio has maintained this position in BTI for several quarters, showing initial confidence in the investment. Largest addition occurred in Q4 2024, adding 1.94 M shares. Largest reduction occurred in Q4 2025, reducing 790,642 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's British American Tobacco plc (BTI) Holding Value Over Time
Track share changes against reported price movement
Quarterly British American Tobacco plc (BTI) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -790,642 | Reduce 21.12% | 2.95 M | $56.62 |
| Q3 2025 | +333,638 | Add 9.79% | 3.74 M | $53.08 |
| Q2 2025 | +174,926 | Add 5.41% | 3.41 M | $47.33 |
| Q1 2025 | +552,777 | Add 20.62% | 3.23 M | $41.37 |
| Q4 2024 | +1.94 M | Add 261.69% | 2.68 M | $36.32 |
| Q3 2024 | +741,344 | New Buy | 741,344 | $36.58 |
Ray Dalio's British American Tobacco plc Investment FAQs
Ray Dalio first purchased British American Tobacco p.l.c. (BTI) in Q3 2024, acquiring 741,344 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held British American Tobacco p.l.c. (BTI) for 6 quarters since Q3 2024.
Ray Dalio's largest addition to British American Tobacco p.l.c. (BTI) was in Q4 2024, adding 2,681,379 shares worth $97.39 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 2,952,078 shares of British American Tobacco p.l.c. (BTI), valued at approximately $167.15 M.
As of the Q4 2025 filing, British American Tobacco p.l.c. (BTI) represents approximately 0.61% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in British American Tobacco p.l.c. (BTI) was 3,742,720 shares, as reported at the end of Q3 2025.