Fortune Brands Innovations
FBIN
487 hedge funds and large institutions have $8.02B invested in Fortune Brands Innovations in 2017 Q1 according to their latest regulatory filings, with 65 funds opening new positions, 154 increasing their positions, 169 reducing their positions, and 62 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
12% more capital invested
Capital invested by funds: $7.19B → $8.02B (+$833M)
5% more first-time investments, than exits
New positions opened: 65 | Existing positions closed: 62
3% less call options, than puts
Call options by funds: $3.07M | Put options by funds: $3.17M
9% less repeat investments, than reductions
Existing positions increased: 154 | Existing positions reduced: 169
1% less funds holding
Funds holding: 494 → 487 (-7)
1.64% less ownership
Funds ownership: 102.09% → 100.45% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$675M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
+$109M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$39.9M |
| 4 |
D.E. Shaw & Co
New York
|
+$36.3M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$27.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$103M |
| 2 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$83.9M |
| 3 |
JHIU
Janus Henderson Investors US
Denver,
Colorado
|
-$74.5M |
| 4 |
Morgan Stanley
New York
|
-$35.6M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$33.2M |
FBIN Hedge Fund Activity: Q1 2017 in Review
487 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q1 2017, worth a combined $8.02B — up 12% from $7.19B a quarter earlier.
Buyers outnumbered sellers: 65 funds opened new FBIN positions and 62 closed out — a net gain of 3 holders — while 154 added to existing stakes and 169 trimmed.
The largest buyer was BlackRock, adding an estimated $675M. The largest seller was Fidelity Investments, cutting an estimated $103M.
- 487 institutional investors held Fortune Brands Innovations (FBIN) as of Q1 2017, down from 494 in Q4 2016.
- Funds reported $8.02B of Fortune Brands Innovations stock for Q1 2017, up 12% quarter-over-quarter.
- 65 funds opened new Fortune Brands Innovations positions in Q1 2017 and 62 closed out, a net change of +3 holders.
- The largest Fortune Brands Innovations buyer in Q1 2017 was BlackRock, an estimated $675M added.
- The largest Fortune Brands Innovations seller in Q1 2017 was Fidelity Investments, an estimated $103M sold.
Based on aggregated 13F filings for Q1 2017.