Fortune Brands Innovations
FBIN
613 hedge funds and large institutions have $8.42B invested in Fortune Brands Innovations in 2023 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 175 increasing their positions, 206 reducing their positions, and 47 closing their positions.
123% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 47
20% more capital invested
Capital invested by funds: $7.04B → $8.42B (+$1.38B)
9% more funds holding
Funds holding: 562 → 613 (+51)
1% less call options, than puts
Call options by funds: $7.9M | Put options by funds: $7.95M
1.42% less ownership
Funds ownership: 89.17% → 87.76% (-1.4%)
15% less repeat investments, than reductions
Existing positions increased: 175 | Existing positions reduced: 206
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
American Century Companies
Kansas City,
Missouri
|
+$61.2M |
| 2 |
Select Equity Group
New York
|
+$48.5M |
| 3 |
Nordea Investment Management
Stockholm,
Sweden
|
+$35.2M |
| 4 |
FMI
Fiduciary Management Inc
Milwaukee,
Wisconsin
|
+$21.2M |
| 5 |
Diamond Hill Capital Management
Columbus,
Ohio
|
+$17.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$79.7M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$78.4M |
| 3 |
Fidelity Investments
Boston,
Massachusetts
|
-$70.8M |
| 4 |
SAM
Southeastern Asset Management
Memphis,
Tennessee
|
-$58.6M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
-$49.9M |
FBIN Hedge Fund Activity: Q4 2023 in Review
613 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q4 2023, worth a combined $8.42B — up 20% from $7.04B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new FBIN positions and 47 closed out — a net gain of 58 holders — while 175 added to existing stakes and 206 trimmed.
The largest buyer was American Century Companies, adding an estimated $61.2M. The largest seller was Massachusetts Financial Services, cutting an estimated $79.7M.
- 613 institutional investors held Fortune Brands Innovations (FBIN) as of Q4 2023, up from 562 in Q3 2023.
- Funds reported $8.42B of Fortune Brands Innovations stock for Q4 2023, up 20% quarter-over-quarter.
- 105 funds opened new Fortune Brands Innovations positions in Q4 2023 and 47 closed out, a net change of +58 holders.
- The largest Fortune Brands Innovations buyer in Q4 2023 was American Century Companies, an estimated $61.2M added.
- The largest Fortune Brands Innovations seller in Q4 2023 was Massachusetts Financial Services, an estimated $79.7M sold.
Based on aggregated 13F filings for Q4 2023.