Fortune Brands Innovations
FBIN
612 hedge funds and large institutions have $8.52B invested in Fortune Brands Innovations in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 174 increasing their positions, 208 reducing their positions, and 47 closing their positions.
123% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 47
21% more capital invested
Capital invested by funds: $7.04B → $8.52B (+$1.48B)
9% more funds holding
Funds holding: 561 → 612 (+51)
0.38% less ownership
Funds ownership: 89.17% → 88.79% (-0.38%)
1% less call options, than puts
Call options by funds: $7.9M | Put options by funds: $7.95M
16% less repeat investments, than reductions
Existing positions increased: 174 | Existing positions reduced: 208
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$98.9M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$61.2M |
| 3 |
Select Equity Group
New York
|
+$48.5M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$35.2M |
| 5 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$21.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$79.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$78.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.8M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$58.6M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
-$49.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FSWA
651
Financial Synergies Wealth Advisors
Houston,
Texas
| – | -$15.9K | -256 | Closed |
|
652
EARNEST Partners
Atlanta,
Georgia
| – | -$4.54K | -73 | Closed |
|
|
RL
653
Rogco LP
Claremore,
Oklahoma
| – | -$4.54K | -73 | Closed |
|
|
HH
654
HWG Holdings
Houston,
Texas
| – | -$3.36K | -54 | Closed |
|
|
TC
655
Truvestments Capital
Sarasota,
Florida
| – | -$2.49K | -40 | Closed |
|
|
TWP
656
TFO Wealth Partners
Maumee,
Ohio
| – | -$791 | -11 | Closed |
|
|
HCP
657
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$373 | -6 | Closed |
|
|
FMP
658
Financial Management Professionals
Austin,
Texas
| – | +$66 | +1 | New |
|
FBIN Hedge Fund Activity: Q4 2023 in Review
612 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q4 2023, worth a combined $8.52B — up 21% from $7.04B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new FBIN positions and 47 closed out — a net gain of 58 holders — while 174 added to existing stakes and 208 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $98.9M. The largest seller was Massachusetts Financial Services, cutting an estimated $79.7M.
- 612 institutional investors held Fortune Brands Innovations (FBIN) as of Q4 2023, up from 561 in Q3 2023.
- Funds reported $8.52B of Fortune Brands Innovations stock for Q4 2023, up 21% quarter-over-quarter.
- 105 funds opened new Fortune Brands Innovations positions in Q4 2023 and 47 closed out, a net change of +58 holders.
- The largest Fortune Brands Innovations buyer in Q4 2023 was Morgan Stanley, an estimated $98.9M added.
- The largest Fortune Brands Innovations seller in Q4 2023 was Massachusetts Financial Services, an estimated $79.7M sold.
Based on aggregated 13F filings for Q4 2023.