Fortune Brands Innovations
FBIN
487 hedge funds and large institutions have $9B invested in Fortune Brands Innovations in 2017 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 148 increasing their positions, 171 reducing their positions, and 39 closing their positions.
5% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 39
1% more capital invested
Capital invested by funds: $8.94B → $9B (+$63.4M)
0% less funds holding
Funds holding: 489 → 487 (-2)
8% less call options, than puts
Call options by funds: $1.22M | Put options by funds: $1.32M
2.55% less ownership
Funds ownership: 104.27% → 101.72% (-2.5%)
13% less repeat investments, than reductions
Existing positions increased: 148 | Existing positions reduced: 171
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EIP
Epoch Investment Partners
New York
|
+$81M |
| 2 |
PI
PGGM Investments
Zeist,
Netherlands
|
+$20.5M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$13.1M |
| 4 |
TD Asset Management
Toronto,
Ontario, Canada
|
+$10.4M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$9.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$33.4M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
-$26.1M |
| 3 |
SO
STRS Ohio
Columbus,
Ohio
|
-$25.4M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$19.8M |
| 5 |
State Street
Boston,
Massachusetts
|
-$19.3M |
FBIN Hedge Fund Activity: Q3 2017 in Review
487 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q3 2017, worth a combined $9B — up 0.71% from $8.94B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new FBIN positions and 39 closed out — a net gain of 2 holders — while 148 added to existing stakes and 171 trimmed.
The largest buyer was Epoch Investment Partners, opening a new position worth an estimated $81M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $33.4M.
- 487 institutional investors held Fortune Brands Innovations (FBIN) as of Q3 2017, down from 489 in Q2 2017.
- Funds reported $9B of Fortune Brands Innovations stock for Q3 2017, up 0.71% quarter-over-quarter.
- 41 funds opened new Fortune Brands Innovations positions in Q3 2017 and 39 closed out, a net change of +2 holders.
- The largest Fortune Brands Innovations buyer in Q3 2017 was Epoch Investment Partners, an estimated $81M added.
- The largest Fortune Brands Innovations seller in Q3 2017 was Manulife (Manufacturers Life Insurance), an estimated $33.4M sold.
Based on aggregated 13F filings for Q3 2017.