Fortune Brands Innovations
FBIN
615 hedge funds and large institutions have $7.3B invested in Fortune Brands Innovations in 2024 Q2 according to their latest regulatory filings, with 78 funds opening new positions, 188 increasing their positions, 211 reducing their positions, and 75 closing their positions.
4% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 75
2% more capital inflows, than outflows
Capital inflows: $835M | Capital outflows: $814M
0.94% more ownership
Funds ownership: 89% → 89.94% (+0.94%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1% less funds holding
Funds holding: 624 → 615 (-9)
11% less repeat investments, than reductions
Existing positions increased: 188 | Existing positions reduced: 211
44% less call options, than puts
Call options by funds: $3.97M | Put options by funds: $7.14M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Select Equity Group
New York
|
+$150M |
| 2 |
Harris Associates
Chicago,
Illinois
|
+$93.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$34.8M |
| 4 |
Nordea Investment Management
Stockholm,
Sweden
|
+$32.1M |
| 5 |
Amundi
Paris,
France
|
+$28.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
-$100M |
| 2 |
State Street
Boston,
Massachusetts
|
-$73.2M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
-$62M |
| 4 |
BlackRock
New York
|
-$42.6M |
| 5 |
Federated Hermes
Pittsburgh,
Pennsylvania
|
-$39.5M |
FBIN Hedge Fund Activity: Q2 2024 in Review
615 of the 6,944 institutional investors tracked by Wall St. Rank reported a position in Fortune Brands Innovations (FBIN) for Q2 2024, worth a combined $7.3B — down 23% from $9.49B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new FBIN positions and 75 closed out — a net gain of 3 holders — while 188 added to existing stakes and 211 trimmed.
The largest buyer was Select Equity Group, adding an estimated $150M. The largest seller was Pacer Advisors, cutting an estimated $100M.
- 615 institutional investors held Fortune Brands Innovations (FBIN) as of Q2 2024, down from 624 in Q1 2024.
- Funds reported $7.3B of Fortune Brands Innovations stock for Q2 2024, down 23% quarter-over-quarter.
- 78 funds opened new Fortune Brands Innovations positions in Q2 2024 and 75 closed out, a net change of +3 holders.
- The largest Fortune Brands Innovations buyer in Q2 2024 was Select Equity Group, an estimated $150M added.
- The largest Fortune Brands Innovations seller in Q2 2024 was Pacer Advisors, an estimated $100M sold.
Based on aggregated 13F filings for Q2 2024.