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 ($10.1m this quarter). Holder counts are more reliable. Shares outstanding: 126.9m as of 2023-07-21, 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 ≈ $71.73. Options: 7 managers hold calls ($3.3m notional), 2 hold puts ($503.6k).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 613 |
| Q4 2022 | 577 |
| Q1 2023 | 551 |
| Q2 2023 | 583 |
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 |
| Q2 2023 | 254 | 240 |
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 |
| Q2 2023 | $3.3m | $503.6k | 0.15 |
Biggest buyers
| Holocene Advisors, LP | Added | +830.1k |
| FIL Ltd | New | +717.3k |
| PICTET ASSET MANAGEMENT SA | Added | +706.9k |
| Balyasny Asset Management L.P. | Added | +628.5k |
| MARSHALL WACE, LLP | Added | +530.6k |
| EAGLE ASSET MANAGEMENT INC | Added | +413.5k |
| HARRIS ASSOCIATES L P | Added | +401.5k |
| ROYAL BANK OF CANADA | Added | +328.5k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | New | +318.8k |
| MILLENNIUM MANAGEMENT LLC | Added | +315.9k |
Biggest sellers
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -2.9m |
| FMR LLC | Reduced | -1.6m |
| CITADEL ADVISORS LLC | Reduced | -550.8k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -413.3k |
| BlackRock Inc. | Reduced | -397.2k |
| Select Equity Group, L.P. | Reduced | -374.7k |
| FIRST TRUST ADVISORS LP | Reduced | -307.3k |
| VANGUARD GROUP INC | Reduced | -249.8k |
| J. Goldman & Co LP | Sold out | -235.6k |
| Amundi | Reduced | -200.7k |
Biggest calls
| CITADEL ADVISORS LLC | Added | $1.3m17.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.1m15.6k shares |
| WOLVERINE TRADING, LLC | New | $366.4k5.1k shares |
| JANE STREET GROUP, LLC | New | $338.2k4.7k shares |
| SIMPLEX TRADING, LLC | Added | $172.0k2.4k shares |
| GROUP ONE TRADING LLC | New | $14.4k200 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $503.6k7.0k 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 Q2 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q2 2023 | 0 | — | 1 | $318.1k | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-09 | HACKETT ANN F Director | Sold | $318.1k4.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 14.6m $1.1bn | Reduced -397.2k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.4m $889.3m | Reduced -249.8k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.5m $392.9m | Added +183.1k |
| STATE STREET CORP 0.02% of their portfolio | 5.1m $365.0m | Reduced -33.0k |
| HARRIS ASSOCIATES L P 0.66% of their portfolio | 4.9m $351.1m | Added +401.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.06% of their portfolio | 4.6m $332.6m | Reduced -2.9m |
| PICTET ASSET MANAGEMENT SA 0.39% of their portfolio | 4.6m $329.3m | Added +706.9k |
| Holocene Advisors, LP 0.85% of their portfolio | 2.7m $193.5m | Added +830.1k |
| DIMENSIONAL FUND ADVISORS LP 0.05% of their portfolio | 2.0m $142.7m | Reduced -102.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.0m $142.4m | Added +223.3k |
| FEDERATED HERMES, INC. 0.34% of their portfolio | 1.9m $138.3m | Added +87.1k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 1.9m $136.6m | Added +63.9k |
| Select Equity Group, L.P. 0.49% of their portfolio | 1.8m $129.5m | Reduced -374.7k |
| MORGAN STANLEY 0.01% of their portfolio | 1.7m $119.7m | Added +12.6k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.19% of their portfolio | 1.6m $118.1m | Added +100.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $106.9m | Reduced -7.2k |
| FMR LLC 0.01% of their portfolio | 1.5m $106.8m | Reduced -1.6m |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.4m $102.9m | Added +104.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.4m $102.4m | Added +22.9k |
| EAGLE ASSET MANAGEMENT INC 0.50% of their portfolio | 1.2m $89.4m | Added +413.5k |
| NORGES BANK 0.02% of their portfolio | 1.2m $82.8m | Reduced -69.1k |
| Robeco Schweiz AG 1.22% of their portfolio | 1.1m $81.8m | Added +116.3k |
| MILLENNIUM MANAGEMENT LLC 0.08% of their portfolio | 1.1m $75.7m | Added +315.9k |
| MARSHALL WACE, LLP 0.16% of their portfolio | 1.0m $74.8m | Added +530.6k |
| Giverny Capital Inc. 3.41% of their portfolio | 901.8k $64.9m | Added +4.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.09% of their portfolio | 896.0k $64.8m | Added +6.8k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 2.17% of their portfolio | 854.8k $61.5m | Unchanged |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.44% of their portfolio | 850.3k $61.2m | Reduced -34.7k |
| AMERIPRISE FINANCIAL INC 0.02% of their portfolio | 848.3k $61.0m | Reduced -65.3k |
| Amundi 0.03% of their portfolio | 847.0k $60.4m | Reduced -200.7k |
| Balyasny Asset Management L.P. 0.16% of their portfolio | 817.8k $58.8m | Added +628.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 816.9k $58.8m | Reduced -11.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.08% of their portfolio | 769.4k $55.4m | Added +12.1k |
| Legal & General Group Plc 0.02% of their portfolio | 756.9k $54.5m | Added +79.7k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 739.2k $43.4m | Unchanged |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 725.0k $52.2m | Added +113.3k |
| FIL Ltd 0.06% of their portfolio | 717.3k $51.6m | New |
| PZENA INVESTMENT MANAGEMENT LLC 0.22% of their portfolio | 705.5k $50.8m | Reduced -69.3k |
| Fenimore Asset Management Inc 1.15% of their portfolio | 638.4k $45.9m | Added +2.9k |
| PRINCIPAL FINANCIAL GROUP INC 0.03% of their portfolio | 562.1k $40.4m | Added +43.4k |
| Invesco Ltd. 0.01% of their portfolio | 542.7k $39.0m | Added +245.4k |
| APG Asset Management N.V. 0.07% of their portfolio | 536.9k $35.4m | Reduced -12.4k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 532.2k $38.3m | Reduced -16.8k |
| WATERS PARKERSON & CO., LLC 1.96% of their portfolio | 481.8k $34.7m | Reduced -3.4k |
| Swiss National Bank 0.02% of their portfolio | 458.5k $33.0m | Reduced -50.4k |
| Allianz Asset Management GmbH 0.07% of their portfolio | 454.8k $32.7m | Added +260.1k |
| Aberdeen Group plc 0.07% of their portfolio | 392.2k $28.2m | Added +37.7k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 391.7k $28.2m | Reduced -795 |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 384.1k $27.6m | Added +3.2k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 369.6k $26.6m | Added +328.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.12% of their portfolio | 361.2k $26.0m | Reduced -155.2k |
| CITIGROUP INC 0.03% of their portfolio | 347.8k $25.0m | Added +34.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 339.0k $24.4m | Reduced -76.0k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 337.8k $24.3m | Reduced -10.2k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 327.5k $23.6m | Reduced -58.7k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC 1.79% of their portfolio | 318.8k $22.9m | New |
| BARCLAYS PLC 0.01% of their portfolio | 313.4k $22.5m | Added +176.1k |
| BAMCO INC /NY/ 0.06% of their portfolio | 312.8k $22.5m | Reduced -14.0k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 291.5k $21.0m | Added +11.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 271.8k $19.6m | Added +37 |
| PROFESSIONAL ADVISORY SERVICES INC 2.95% of their portfolio | 270.2k $19.4m | Added +4.1k |
| Walleye Capital LLC 0.33% of their portfolio | 263.8k $19.0m | New |
| Curi Capital, LLC 0.62% of their portfolio | 262.8k $18.9m | Reduced -129.0k |
| 1832 Asset Management L.P. 0.04% of their portfolio | 250.6k $18.0m | New |
| GAMCO INVESTORS, INC. ET AL 0.18% of their portfolio | 244.4k $17.6m | Reduced -3.0k |
| ARVEST TRUST CO N A 1.00% of their portfolio | 236.2k $16.8m | Reduced -6.5k |
| California Public Employees Retirement System 0.01% of their portfolio | 232.5k $16.7m | Reduced -12.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 227.1k $16.3m | Reduced -1.4k |
| Ancora Advisors LLC 0.39% of their portfolio | 205.5k $14.8m | Added +28.2k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 203.9k $14.7m | Reduced -5.3k |
| GABELLI FUNDS LLC 0.11% of their portfolio | 199.3k $14.3m | Unchanged |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 196.3k $14.1m | Reduced -25.1k |
| Brookfield Corp /ON/ 0.06% of their portfolio | 195.6k $14.1m | New |
| AMERICAN INTERNATIONAL GROUP, INC. 0.08% of their portfolio | 191.1k $13.8m | Reduced -7.0k |
| Retirement Systems of Alabama 0.06% of their portfolio | 191.1k $13.7m | Added +23.5k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 189.0k $13.6m | Added +11.4k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 185.6k $13.4m | Added +9.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.29% of their portfolio | 175.0k $12.6m | Added +73.2k |
| AVIVA PLC 0.05% of their portfolio | 175.0k $12.6m | Reduced -159.6k |
| TWO SIGMA ADVISERS, LP 0.03% of their portfolio | 173.5k $12.5m | Reduced -89.2k |
| Woodline Partners LP 0.15% of their portfolio | 170.7k $12.3m | Reduced -22.0k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 166.4k $12.0m | Reduced -6.5k |
| Brandywine Global Investment Management, LLC 0.10% of their portfolio | 166.2k $12.0m | Reduced -79.5k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 163.8k $11.8m | Added +15.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 156.8k $11.3m | Reduced -2.9k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 156.6k $11.3m | Reduced -5.6k |
| COMERICA BANK 0.00% of their portfolio | 152.5k $5 | First filing |
| COLONY GROUP LLC 0.15% of their portfolio | 149.5k $10.8m | Reduced -1.3k |
| CANADA LIFE ASSURANCE Co 0.03% of their portfolio | 148.0k $10.7m | Reduced -25.5k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.03% of their portfolio | 147.1k $10.6m | Reduced -8.7k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 146.4k $10.5m | Reduced -9.5k |
| Andra AP-fonden 0.26% of their portfolio | 142.1k $10.2m | Reduced -4.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.09% of their portfolio | 123.9k $8.9m | New |
| North Growth Management Ltd. 1.74% of their portfolio | 118.0k $8.5m | Added +21.0k |
| Swiss Life Asset Management Ltd 0.13% of their portfolio | 117.6k $8.5m | Added +54.2k |
| VeriStar Capital Management LP 6.97% of their portfolio | 116.0k $8.3m | Added +3.9k |
| Ensign Peak Advisors, Inc 0.02% of their portfolio | 114.2k $8.2m | Reduced -8.4k |
| TEXAS PERMANENT SCHOOL FUND CORP 0.07% of their portfolio | 111.6k $8.0m | Reduced -3.4k |
| PNC Financial Services Group, Inc. 0.01% of their portfolio | 108.5k $7.8m | Reduced -3.8k |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 105.2k $7.6m | Reduced -4.7k |