Fortune Brands Innovations
FBIN
622 hedge funds and large institutions have $9.49B invested in Fortune Brands Innovations in 2024 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 183 increasing their positions, 207 reducing their positions, and 57 closing their positions.
38% more call options, than puts
Call options by funds: $7.79M | Put options by funds: $5.66M
28% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 57
11% more capital invested
Capital invested by funds: $8.52B → $9.49B (+$967M)
2% more funds holding
Funds holding: 612 → 622 (+10)
0.2% more ownership
Funds ownership: 88.79% → 89% (+0.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
12% less repeat investments, than reductions
Existing positions increased: 183 | Existing positions reduced: 207
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$186M |
| 2 |
Select Equity Group
New York
|
+$124M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$54.9M |
| 4 |
Holocene Advisors
New York
|
+$45.6M |
| 5 |
Schroder Investment Management Group
London,
United Kingdom
|
+$27.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$114M |
| 2 |
Pictet Asset Management
Carouge,
Switzerland
|
-$55M |
| 3 |
FWIA
Fort Washington Investment Advisors
Cincinnati,
Ohio
|
-$53.7M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$41.3M |
| 5 |
Harris Associates
Chicago,
Illinois
|
-$38.5M |
FBIN Hedge Fund Activity: Q1 2024 in Review
622 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q1 2024, worth a combined $9.49B — up 11% from $8.52B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new FBIN positions and 57 closed out — a net gain of 16 holders — while 183 added to existing stakes and 207 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $186M. The largest seller was Morgan Stanley, cutting an estimated $114M.
- 622 institutional investors held Fortune Brands Innovations (FBIN) as of Q1 2024, up from 612 in Q4 2023.
- Funds reported $9.49B of Fortune Brands Innovations stock for Q1 2024, up 11% quarter-over-quarter.
- 73 funds opened new Fortune Brands Innovations positions in Q1 2024 and 57 closed out, a net change of +16 holders.
- The largest Fortune Brands Innovations buyer in Q1 2024 was Fidelity Investments, an estimated $186M added.
- The largest Fortune Brands Innovations seller in Q1 2024 was Morgan Stanley, an estimated $114M sold.
Based on aggregated 13F filings for Q1 2024.