Fortune Brands Innovations
FBIN
343 hedge funds and large institutions have $5.99B invested in Fortune Brands Innovations in 2014 Q1 according to their latest regulatory filings, with 42 funds opening new positions, 97 increasing their positions, 125 reducing their positions, and 49 closing their positions.
1.68% less ownership
Funds ownership: 102.26% → 100.58% (-1.7%)
3% less funds holding
Funds holding: 352 → 343 (-9)
10% less capital invested
Capital invested by funds: $6.64B → $5.99B (-$647M)
14% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 49
22% less repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 125
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
64% less call options, than puts
Call options by funds: $1.13M | Put options by funds: $3.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIM
abrdn Investment Management
Edinburgh,
United Kingdom
|
+$262M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$84M |
| 3 |
William Blair & Company
Chicago,
Illinois
|
+$61.3M |
| 4 |
JP Morgan Chase
New York
|
+$41.5M |
| 5 |
SCM
Sigma Capital Management
Stamford,
Connecticut
|
+$30.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$127M |
| 2 |
SC
Sasco Capital
Fairfield,
Connecticut
|
-$117M |
| 3 |
Schroder Investment Management Group
London,
United Kingdom
|
-$68.6M |
| 4 |
SO
STRS Ohio
Columbus,
Ohio
|
-$41.3M |
| 5 |
Renaissance Technologies
New York
|
-$36.2M |
FBIN Hedge Fund Activity: Q1 2014 in Review
343 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q1 2014, worth a combined $5.99B — down 9.7% from $6.64B a quarter earlier.
Sellers outnumbered buyers: 49 funds closed out of FBIN and 42 opened new positions — a net loss of 7 holders — while 125 trimmed existing stakes and 97 added.
The largest buyer was abrdn Investment Management, adding an estimated $262M. The largest seller was Wells Fargo, cutting an estimated $127M.
- 343 institutional investors held Fortune Brands Innovations (FBIN) as of Q1 2014, down from 352 in Q4 2013.
- Funds reported $5.99B of Fortune Brands Innovations stock for Q1 2014, down 9.7% quarter-over-quarter.
- 42 funds opened new Fortune Brands Innovations positions in Q1 2014 and 49 closed out, a net change of -7 holders.
- The largest Fortune Brands Innovations buyer in Q1 2014 was abrdn Investment Management, an estimated $262M added.
- The largest Fortune Brands Innovations seller in Q1 2014 was Wells Fargo, an estimated $127M sold.
Based on aggregated 13F filings for Q1 2014.