Fortune Brands Innovations
FBIN
542 hedge funds and large institutions have $6.62B invested in Fortune Brands Innovations in 2018 Q2 according to their latest regulatory filings, with 73 funds opening new positions, 169 increasing their positions, 180 reducing their positions, and 68 closing their positions.
418% more call options, than puts
Call options by funds: $93.4M | Put options by funds: $18M
7% more first-time investments, than exits
New positions opened: 73 | Existing positions closed: 68
0% more funds holding
Funds holding: 540 → 542 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less repeat investments, than reductions
Existing positions increased: 169 | Existing positions reduced: 180
1.63% less ownership
Funds ownership: 100.51% → 98.88% (-1.6%)
12% less capital invested
Capital invested by funds: $7.48B → $6.62B (-$863M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCM
Glenview Capital Management
New York
|
+$92.3M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$80.4M |
| 3 |
Adage Capital Partners
Boston,
Massachusetts
|
+$60.8M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$56.7M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$55.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$323M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
-$165M |
| 3 |
PI
Putnam Investments
Boston,
Massachusetts
|
-$70.9M |
| 4 |
JP Morgan Chase
New York
|
-$55.5M |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$44.8M |
FBIN Hedge Fund Activity: Q2 2018 in Review
542 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q2 2018, worth a combined $6.62B — down 12% from $7.48B a quarter earlier.
Buyers outnumbered sellers: 73 funds opened new FBIN positions and 68 closed out — a net gain of 5 holders — while 169 added to existing stakes and 180 trimmed.
The largest buyer was Glenview Capital Management, opening a new position worth an estimated $92.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $323M.
- 542 institutional investors held Fortune Brands Innovations (FBIN) as of Q2 2018, up from 540 in Q1 2018.
- Funds reported $6.62B of Fortune Brands Innovations stock for Q2 2018, down 12% quarter-over-quarter.
- 73 funds opened new Fortune Brands Innovations positions in Q2 2018 and 68 closed out, a net change of +5 holders.
- The largest Fortune Brands Innovations buyer in Q2 2018 was Glenview Capital Management, an estimated $92.3M added.
- The largest Fortune Brands Innovations seller in Q2 2018 was T. Rowe Price Associates, an estimated $323M sold.
Based on aggregated 13F filings for Q2 2018.