Fortune Brands Innovations
FBIN
613 hedge funds and large institutions have $7.3B invested in Fortune Brands Innovations in 2024 Q2 according to their latest regulatory filings, with 77 funds opening new positions, 188 increasing their positions, 211 reducing their positions, and 74 closing their positions.
4% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 74
0.94% more ownership
Funds ownership: 89% → 89.94% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 622 → 613 (-9)
11% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 211
23% less capital invested
Capital invested by funds: $9.49B → $7.3B (-$2.19B)
44% less call options, than puts
Call options by funds: $3.97M | Put options by funds: $7.14M
Top Buyers
| 1 |
Select Equity Group
New York
|
+$150M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$93.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$34.8M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$32.1M |
| 5 |
Amundi
Paris,
France
|
+$28.1M |
Top Sellers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$99.5M |
| 2 |
State Street
Boston,
Massachusetts
|
-$73.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$62M |
| 4 |
BlackRock
New York
|
-$42.6M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$39.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
UM
676
UniSuper Management
Melbourne, Victoria,
Australia
| – | -$152K | -1,800 | Closed |
|
|
GC
677
Globeflex Capital
San Diego,
California
| – | -$144K | -1,700 | Closed |
|
|
ECM
678
Estabrook Capital Management
New York
| – | -$109K | -1,292 | Closed |
|
679
Simplex Trading
Chicago,
Illinois
| – | -$85.6K | -1,186 | Closed |
|
|
T
680
TOBAM
Paris,
France
| – | -$26K | -307 | Closed |
|
|
LF
681
LifeSteps Financial
Claremont,
California
| – | -$22.4K | -264 | Closed |
|
|
FSWA
682
Financial Synergies Wealth Advisors
Houston,
Texas
| – | -$21.7K | -256 | Closed |
|
|
AWM
683
Avior Wealth Management
Omaha,
Nebraska
| – | -$15K | -177 | Closed |
|
|
AAG
684
Armstrong Advisory Group
Needham,
Massachusetts
| – | -$12.2K | -160 | Closed |
|
|
HCP
685
Hexagon Capital Partners
Rogers,
Arkansas
| – | -$2.03K | -24 | Closed |
|
|
SWS
686
SYSTM Wealth Solutions
Chicago,
Illinois
| – | -$847 | -10 | Closed |
|
|
AWM
687
Abound Wealth Management
Franklin,
Tennessee
| – | -$773 | -9 | Closed |
|
FBIN Hedge Fund Activity: Q2 2024 in Review
613 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q2 2024, worth a combined $7.3B — down 23% from $9.49B a quarter earlier.
Buyers outnumbered sellers: 77 funds opened new FBIN positions and 74 closed out — a net gain of 3 holders — while 188 added to existing stakes and 211 trimmed.
The largest buyer was Select Equity Group, adding an estimated $150M. The largest seller was Pacer Advisors, cutting an estimated $99.5M.
- 613 institutional investors held Fortune Brands Innovations (FBIN) as of Q2 2024, down from 622 in Q1 2024.
- Funds reported $7.3B of Fortune Brands Innovations stock for Q2 2024, down 23% quarter-over-quarter.
- 77 funds opened new Fortune Brands Innovations positions in Q2 2024 and 74 closed out, a net change of +3 holders.
- The largest Fortune Brands Innovations buyer in Q2 2024 was Select Equity Group, an estimated $150M added.
- The largest Fortune Brands Innovations seller in Q2 2024 was Pacer Advisors, an estimated $99.5M sold.
Based on aggregated 13F filings for Q2 2024.