Fortune Brands Innovations
FBIN
561 hedge funds and large institutions have $7.04B invested in Fortune Brands Innovations in 2023 Q3 according to their latest regulatory filings, with 64 funds opening new positions, 165 increasing their positions, 191 reducing their positions, and 77 closing their positions.
140% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $603K
0.5% more ownership
Funds ownership: 88.68% → 89.17% (+0.5%)
3% less funds holding
Funds holding: 581 → 561 (-20)
12% less capital invested
Capital invested by funds: $8.03B → $7.04B (-$988M)
14% less repeat investments, than reductions
Existing positions increased: 165 | Existing positions reduced: 191
17% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 77
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$62.6M |
| 2 |
American Century Companies
Kansas City,
Missouri
|
+$42.8M |
| 3 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
+$33.5M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$28.1M |
| 5 |
BlackRock
New York
|
+$24.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$122M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$80.2M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$58.8M |
| 4 |
Millennium Management
New York
|
-$57.9M |
| 5 |
Holocene Advisors
New York
|
-$27.3M |
FBIN Hedge Fund Activity: Q3 2023 in Review
561 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q3 2023, worth a combined $7.04B — down 12% from $8.03B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of FBIN and 64 opened new positions — a net loss of 13 holders — while 191 trimmed existing stakes and 165 added.
The largest buyer was Pacer Advisors, adding an estimated $62.6M. The largest seller was T. Rowe Price Associates, cutting an estimated $122M.
- 561 institutional investors held Fortune Brands Innovations (FBIN) as of Q3 2023, down from 581 in Q2 2023.
- Funds reported $7.04B of Fortune Brands Innovations stock for Q3 2023, down 12% quarter-over-quarter.
- 64 funds opened new Fortune Brands Innovations positions in Q3 2023 and 77 closed out, a net change of -13 holders.
- The largest Fortune Brands Innovations buyer in Q3 2023 was Pacer Advisors, an estimated $62.6M added.
- The largest Fortune Brands Innovations seller in Q3 2023 was T. Rowe Price Associates, an estimated $122M sold.
Based on aggregated 13F filings for Q3 2023.