FORTUNE BRANDS INNOVATIONS I FBIN
COM · Common Stock · CUSIP 34964C106 · ISIN US34964C1062
American industrial company
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($9.7m this quarter). Holder counts are more reliable. Shares outstanding: 126.7m as of 2023-04-14, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $58.70. Options: 4 managers hold calls ($1.9m notional), 4 hold puts ($792.1k).
Trends to Q1 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 613 |
| Q4 2022 | 577 |
| Q1 2023 | 551 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 251 | 305 |
| Q1 2023 | 217 | 272 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $5.0m | $1.7m | 0.33 |
| Q4 2022 | $4.5m | $2.5m | 0.55 |
| Q1 2023 | $1.9m | $792.1k | 0.43 |
Biggest buyers
| FMR LLC | Added | +2.0m |
| Holocene Advisors, LP | Added | +1.7m |
| PRICE T ROWE ASSOCIATES INC /MD/ | Added | +863.9k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | New | +854.8k |
| BlackRock Inc. | Added | +782.7k |
| MILLENNIUM MANAGEMENT LLC | Added | +722.3k |
| FIDUCIARY MANAGEMENT INC /WI/ | Added | +517.4k |
| AVIVA PLC | Added | +316.9k |
| Aberdeen Group plc | Added | +283.6k |
| HARRIS ASSOCIATES L P | Added | +239.8k |
Biggest sellers
| Point72 Asset Management, L.P. | Sold out | -1.0m |
| Amundi | Reduced | -519.6k |
| AQR CAPITAL MANAGEMENT LLC | Reduced | -471.5k |
| GOLDMAN SACHS GROUP INC | Reduced | -411.8k |
| ALTA CAPITAL MANAGEMENT LLC/ | Reduced | -316.9k |
| D. E. Shaw & Co., Inc. | Reduced | -302.3k |
| MANGROVE PARTNERS IM, LLC | Sold out | -283.8k |
| TWO SIGMA ADVISERS, LP | Reduced | -262.6k |
| INTECH INVESTMENT MANAGEMENT LLC | Reduced | -254.7k |
| Schonfeld Strategic Advisors LLC | Sold out | -230.0k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $986.7k16.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $792.9k13.5k shares |
| SIMPLEX TRADING, LLC | Reduced | $82.0k1.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $393.5k6.7k shares |
| CITADEL ADVISORS LLC | Reduced | $387.6k6.6k shares |
| SIMPLEX TRADING, LLC | Reduced | $11.0k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| BlackRock, Inc. 13G · institution filed 2025-07-17 | 9.1% |
| HARRIS ASSOCIATES L P 13G · institution +1.2 pts · filed 2025-08-14 | 6.3% |
| BlackRock Portfolio Management LLC 13G · institution new · filed 2026-01-21 | 5.7% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.3% |
Fell to 5% or below in the last year: PICTET ASSET MANAGEMENT SA (4.9%, 2026-08-19), ORBIS INVESTMENT MANAGEMENT LTD (0.6%, 2026-05-15), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2023
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 1 | $2.4m | — |
| Q1 2022 | 0 | — | 1 | $380.5k | — |
| Q2 2022 | 0 | — | 0 | — | — |
| Q3 2022 | 0 | — | 1 | $120.0k | — |
| Q4 2022 | 0 | — | 0 | — | — |
| Q1 2023 | 0 | — | 0 | — | — |
None reported in Q1 2023.
Holders, Q1 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 15.0m $882.1m | Added +782.7k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.6m $740.6m | Added +35.7k |
| WELLINGTON MANAGEMENT GROUP LLP 0.09% of their portfolio | 7.6m $444.5m | Reduced -76.5k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.3m $310.0m | Reduced -70.3k |
| STATE STREET CORP 0.02% of their portfolio | 5.1m $299.9m | Added +151.6k |
| HARRIS ASSOCIATES L P 0.51% of their portfolio | 4.5m $263.0m | Added +239.8k |
| PICTET ASSET MANAGEMENT SA 0.29% of their portfolio | 3.9m $227.3m | Added +183.0k |
| FMR LLC 0.01% of their portfolio | 3.0m $178.8m | Added +2.0m |
| Select Equity Group, L.P. 0.48% of their portfolio | 2.2m $127.7m | Added +19.8k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.1m $122.5m | Reduced -1.5k |
| Holocene Advisors, LP 0.55% of their portfolio | 1.9m $109.2m | Added +1.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $107.7m | Added +55.4k |
| FEDERATED HERMES, INC. 0.27% of their portfolio | 1.8m $107.8m | Reduced -185.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 1.8m $103.1m | Added +863.9k |
| MORGAN STANLEY 0.01% of their portfolio | 1.7m $97.0m | Reduced -212.6k |
| FIDUCIARY MANAGEMENT INC /WI/ 0.91% of their portfolio | 1.5m $90.5m | Added +517.4k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $87.7m | Reduced -32.4k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.4m $82.2m | Added +12.0k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.3m $77.8m | Added +13.6k |
| NORGES BANK 0.02% of their portfolio | 1.2m $71.6m | Reduced -198.8k |
| Amundi 0.03% of their portfolio | 1.0m $59.7m | Reduced -519.6k |
| Robeco Schweiz AG 0.97% of their portfolio | 1.0m $59.9m | Added +46.0k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 913.6k $53.7m | Reduced -91.0k |
| Giverny Capital Inc. 3.18% of their portfolio | 897.6k $52.7m | Added +633 |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 889.2k $51.5m | Added +193.9k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.39% of their portfolio | 885.0k $52.0m | Added +152.5k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 1.70% of their portfolio | 854.8k $50.2m | New |
| EAGLE ASSET MANAGEMENT INC 0.29% of their portfolio | 829.0k $48.7m | Reduced -46.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 828.3k $48.6m | Added +5.0k |
| PZENA INVESTMENT MANAGEMENT LLC 0.20% of their portfolio | 774.8k $45.5m | Reduced -7.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio | 757.3k $44.5m | Reduced -69.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 739.2k $43.4m | Reduced -124.6k |
| MILLENNIUM MANAGEMENT LLC 0.05% of their portfolio | 736.4k $43.2m | Added +722.3k |
| Legal & General Group Plc 0.01% of their portfolio | 677.2k $39.8m | Reduced -84.3k |
| Fenimore Asset Management Inc 0.97% of their portfolio | 635.5k $37.3m | Added +72.1k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 611.7k $35.9m | Added +78.5k |
| CITADEL ADVISORS LLC 0.04% of their portfolio | 552.1k $32.4m | Reduced -177.6k |
| APG Asset Management N.V. 0.06% of their portfolio | 549.3k $29.7m | Added +113.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 549.0k $32.2m | Reduced -56.8k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 518.8k $30.5m | Added +3.4k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.15% of their portfolio | 516.4k $30.3m | Added +62.9k |
| MARSHALL WACE, LLP 0.07% of their portfolio | 509.7k $29.9m | Added +189.2k |
| Swiss National Bank 0.02% of their portfolio | 508.9k $29.9m | Reduced -16.6k |
| WATERS PARKERSON & CO., LLC 1.68% of their portfolio | 485.2k $28.5m | Added +10.0k |
| RENAISSANCE TECHNOLOGIES LLC 0.03% of their portfolio | 445.2k $26.1m | Added +94.5k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 415.0k $24.4m | Reduced -665 |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 392.5k $23.0m | Added +2.2k |
| Curi Capital, LLC 0.80% of their portfolio | 391.7k $23.0m | Reduced -9.5k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 386.2k $22.7m | Reduced -174.5k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 381.0k $22.4m | Reduced -411.8k |
| FIRST TRUST ADVISORS LP 0.03% of their portfolio | 368.6k $21.7m | Reduced -11.5k |
| Aberdeen Group plc 0.05% of their portfolio | 354.5k $20.8m | Added +283.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 348.1k $20.4m | Reduced -181.8k |
| AVIVA PLC 0.09% of their portfolio | 334.5k $19.6m | Added +316.9k |
| BAMCO INC /NY/ 0.06% of their portfolio | 326.8k $19.2m | Reduced -51.6k |
| CITIGROUP INC 0.02% of their portfolio | 313.3k $18.4m | Reduced -28.9k |
| Invesco Ltd. 0.00% of their portfolio | 297.3k $17.5m | Reduced -113.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 279.7k $16.4m | Added +14.4k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 271.8k $16.0m | Added +45.1k |
| PROFESSIONAL ADVISORY SERVICES INC 2.44% of their portfolio | 266.1k $15.6m | Added +2.7k |
| TWO SIGMA ADVISERS, LP 0.04% of their portfolio | 262.7k $15.4m | Reduced -262.6k |
| GAMCO INVESTORS, INC. ET AL 0.16% of their portfolio | 247.5k $14.5m | Reduced -4.7k |
| Brandywine Global Investment Management, LLC 0.06% of their portfolio | 245.7k $14.4m | Added +120.1k |
| California Public Employees Retirement System 0.01% of their portfolio | 244.7k $14.4m | Reduced -30.5k |
| ARVEST TRUST CO N A 0.89% of their portfolio | 242.7k $14.3m | Reduced -11.7k |
| J. Goldman & Co LP 0.80% of their portfolio | 235.6k $13.8m | New |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 228.5k $13.4m | Reduced -6.4k |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 221.4k $13.0m | Reduced -2.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 209.2k $12.3m | Reduced -4.0k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 200.4k $11.6m | Reduced -471.5k |
| GABELLI FUNDS LLC 0.09% of their portfolio | 199.3k $11.7m | Unchanged |
| AMERICAN INTERNATIONAL GROUP, INC. 0.08% of their portfolio | 198.1k $11.6m | Reduced -1.9k |
| Allianz Asset Management GmbH 0.02% of their portfolio | 194.7k $11.4m | Added +20.0k |
| Woodline Partners LP 0.16% of their portfolio | 192.7k $11.3m | Added +22.8k |
| Balyasny Asset Management L.P. 0.04% of their portfolio | 189.3k $11.1m | Reduced -109.3k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 177.6k $10.4m | Reduced -9.1k |
| Ancora Advisors LLC 0.30% of their portfolio | 177.3k $10.4m | Added +11.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 176.2k $10.4m | Added +95.5k |
| D. E. Shaw & Co., Inc. 0.02% of their portfolio | 174.2k $10.2m | Reduced -302.3k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 173.6k $10.2m | Reduced -109.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 172.9k $10.2m | Reduced -4.3k |
| Retirement Systems of Alabama 0.04% of their portfolio | 167.6k $9.8m | Reduced -1.5k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 162.2k $9.5m | Unchanged |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 159.6k $9.4m | Added +8.9k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 155.9k $9.2m | Reduced -1.6k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 155.8k $9.2m | Added +10.2k |
| COLONY GROUP LLC 0.13% of their portfolio | 150.8k $8.9m | Added +91.7k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 148.2k $8.7m | Added +10.8k |
| Andra AP-fonden 0.22% of their portfolio | 146.4k $8.6m | Added +24.2k |
| BARCLAYS PLC 0.01% of their portfolio | 137.3k $8.1m | Reduced -11.8k |
| FORSTA AP-FONDEN 0.09% of their portfolio | 129.8k $7.6m | Added +80.5k |
| Vident Investment Advisory, LLC 0.24% of their portfolio | 125.5k $7.4m | Added +12.9k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 122.6k $7.2m | Added +64.0k |
| TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY 0.07% of their portfolio | 117.5k $6.9m | Added +1.0k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.07% of their portfolio | 115.0k $6.8m | Added +28.8k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 112.4k $6.6m | Reduced -1.3k |
| VeriStar Capital Management LP 6.00% of their portfolio | 112.1k $6.6m | Unchanged |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 109.9k $6.5m | Reduced -315 |
| UBS Group AG 0.00% of their portfolio | 109.6k $6.4m | Reduced -124.0k |
| EMINENCE CAPITAL, LP 0.10% of their portfolio | 104.8k $6.2m | New |