Fortune Brands Innovations
FBIN
540 hedge funds and large institutions have $7.48B invested in Fortune Brands Innovations in 2018 Q1 according to their latest regulatory filings, with 55 funds opening new positions, 163 increasing their positions, 196 reducing their positions, and 68 closing their positions.
248% more call options, than puts
Call options by funds: $69.9M | Put options by funds: $20.1M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.88% less ownership
Funds ownership: 103.39% → 100.51% (-2.9%)
3% less funds holding
Funds holding: 558 → 540 (-18)
17% less repeat investments, than reductions
Existing positions increased: 163 | Existing positions reduced: 196
18% less capital invested
Capital invested by funds: $9.18B → $7.48B (-$1.69B)
19% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 68
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
+$106M |
| 2 |
BlackRock
New York
|
+$81.4M |
| 3 |
IGM
Incline Global Management
New York
|
+$73.3M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$65.6M |
| 5 |
D.E. Shaw & Co
New York
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Artisan Partners
Milwaukee,
Wisconsin
|
-$260M |
| 2 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$172M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$156M |
| 4 |
WRF
Waddell & Reed Financial
Overland Park,
Kansas
|
-$78.7M |
| 5 |
Millennium Management
New York
|
-$50.8M |
FBIN Hedge Fund Activity: Q1 2018 in Review
540 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q1 2018, worth a combined $7.48B — down 18% from $9.18B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of FBIN and 55 opened new positions — a net loss of 13 holders — while 196 trimmed existing stakes and 163 added.
The largest buyer was Wellington Management Group, adding an estimated $106M. The largest seller was Artisan Partners, exiting entirely with an estimated $260M sold.
- 540 institutional investors held Fortune Brands Innovations (FBIN) as of Q1 2018, down from 558 in Q4 2017.
- Funds reported $7.48B of Fortune Brands Innovations stock for Q1 2018, down 18% quarter-over-quarter.
- 55 funds opened new Fortune Brands Innovations positions in Q1 2018 and 68 closed out, a net change of -13 holders.
- The largest Fortune Brands Innovations buyer in Q1 2018 was Wellington Management Group, an estimated $106M added.
- The largest Fortune Brands Innovations seller in Q1 2018 was Artisan Partners, an estimated $260M sold.
Based on aggregated 13F filings for Q1 2018.