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 ($11.6m this quarter). Holder counts are more reliable. Shares outstanding: 126.1m as of 2023-10-13, 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 ≈ $62.21. Options: 3 managers hold calls ($1.4m notional), 2 hold puts ($603.0k).
Trends to Q3 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 613 |
| Q4 2022 | 577 |
| Q1 2023 | 551 |
| Q2 2023 | 583 |
| Q3 2023 | 565 |
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 |
| Q3 2023 | 221 | 269 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2022 | $4.5m | $2.5m | 0.55 |
| Q1 2023 | $1.9m | $792.1k | 0.43 |
| Q2 2023 | $3.3m | $503.6k | 0.15 |
| Q3 2023 | $1.4m | $603.0k | 0.42 |
Biggest buyers
| Pacer Advisors, Inc. | Added | +910.2k |
| AMERICAN CENTURY COMPANIES INC | Added | +622.3k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Added | +488.0k |
| ROYAL BANK OF CANADA | Added | +409.6k |
| BlackRock Inc. | Added | +362.2k |
| Invesco Ltd. | Added | +350.1k |
| MANGROVE PARTNERS IM, LLC | New | +336.9k |
| Allianz Asset Management GmbH | Added | +317.3k |
| CITADEL ADVISORS LLC | Added | +299.2k |
| MACKENZIE FINANCIAL CORP | Added | +253.4k |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -1.8m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| MILLENNIUM MANAGEMENT LLC | Reduced | -842.6k |
| Balyasny Asset Management L.P. | Sold out | -817.8k |
| Holocene Advisors, LP | Reduced | -397.8k |
| INTRINSIC EDGE CAPITAL MANAGEMENT LLC | Sold out | -318.8k |
| 1832 Asset Management L.P. | Sold out | -250.6k |
| MORGAN STANLEY | Reduced | -218.5k |
| AMERIPRISE FINANCIAL INC | Reduced | -207.6k |
| Brookfield Corp /ON/ | Sold out | -195.6k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.0m16.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $422.7k6.8k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $603.0k9.7k 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 Q3 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q3 2023 | 0 | — | 0 | — | — |
None reported in Q3 2023.
Holders, Q3 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 15.0m $931.5m | Added +362.2k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.4m $771.4m | Added +50.0k |
| Pictet Asset Management Holding SA 0.49% of their portfolio | 6.4m $397.4m | First filing |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 5.4m $334.3m | Reduced -82.9k |
| STATE STREET CORP 0.02% of their portfolio | 5.2m $322.3m | Added +112.3k |
| HARRIS ASSOCIATES L P 0.58% of their portfolio | 4.8m $297.0m | Reduced -101.5k |
| WELLINGTON MANAGEMENT GROUP LLP 0.04% of their portfolio | 3.5m $214.9m | Reduced -1.2m |
| Holocene Advisors, LP 0.64% of their portfolio | 2.3m $142.4m | Reduced -397.8k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.1m $128.9m | Added +174.4k |
| FEDERATED HERMES, INC. 0.34% of their portfolio | 2.0m $127.2m | Added +123.0k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.0m $122.9m | Reduced -5.2k |
| Select Equity Group, L.P. 0.50% of their portfolio | 2.0m $121.2m | Added +150.8k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.05% of their portfolio | 1.7m $103.4m | Added +22.2k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.7m $102.8m | Added +224.8k |
| FMR LLC 0.01% of their portfolio | 1.5m $94.8m | Added +40.8k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.03% of their portfolio | 1.5m $92.3m | Added +62.2k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.5m $91.6m | Reduced -12.3k |
| MORGAN STANLEY 0.01% of their portfolio | 1.4m $89.9m | Reduced -218.5k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 3.09% of their portfolio | 1.3m $83.5m | Added +488.0k |
| EAGLE ASSET MANAGEMENT INC 0.46% of their portfolio | 1.2m $77.2m | Reduced -669 |
| NORGES BANK 0.01% of their portfolio | 1.2m $72.5m | Added +15.6k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 1.1m $68.2m | Added +56.2k |
| Amundi 0.03% of their portfolio | 1.0m $62.1m | Added +182.8k |
| Robeco Schweiz AG 1.06% of their portfolio | 1.0m $62.6m | Reduced -128.6k |
| Pacer Advisors, Inc. 0.22% of their portfolio | 932.4k $58.0m | Added +910.2k |
| Giverny Capital Inc. 3.04% of their portfolio | 900.5k $56.0m | Reduced -1.4k |
| Invesco Ltd. 0.01% of their portfolio | 892.8k $55.5m | Added +350.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 877.1k $54.5m | Added +138.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.07% of their portfolio | 851.3k $53.6m | Reduced -44.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 822.6k $51.1m | Added +5.7k |
| FIL Ltd 0.06% of their portfolio | 791.0k $49.2m | Added +73.7k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 779.2k $48.4m | Added +409.6k |
| Allianz Asset Management GmbH 0.10% of their portfolio | 772.0k $48.0m | Added +317.3k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.34% of their portfolio | 732.2k $45.5m | Reduced -118.1k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 731.5k $45.5m | Added +6.5k |
| Legal & General Group Plc 0.02% of their portfolio | 729.3k $45.3m | Reduced -27.6k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 665.5k $41.4m | Added +622.3k |
| Fenimore Asset Management Inc 1.04% of their portfolio | 641.5k $39.9m | Added +3.1k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 640.7k $39.8m | Reduced -207.6k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 598.9k $37.2m | Reduced -170.5k |
| PZENA INVESTMENT MANAGEMENT LLC 0.15% of their portfolio | 578.7k $36.0m | Reduced -126.8k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 537.0k $33.4m | Added +4.8k |
| APG Asset Management N.V. 0.06% of their portfolio | 505.4k $31.4m | Reduced -31.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 479.3k $29.8m | Reduced -82.8k |
| WATERS PARKERSON & CO., LLC 1.77% of their portfolio | 475.4k $29.5m | Reduced -6.4k |
| Aberdeen Group plc 0.07% of their portfolio | 419.6k $26.1m | Added +27.4k |
| Swiss National Bank 0.02% of their portfolio | 407.6k $25.3m | Reduced -50.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 389.4k $24.2m | Added +5.3k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 386.5k $24.0m | Reduced -5.2k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 361.5k $22.5m | Added +22.5k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 339.2k $21.1m | Added +1.3k |
| MANGROVE PARTNERS IM, LLC 1.60% of their portfolio | 336.9k $20.9m | New |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 323.2k $20.1m | Reduced -4.3k |
| BAMCO INC /NY/ 0.06% of their portfolio | 312.8k $19.4m | Unchanged |
| Curi Capital, LLC 0.65% of their portfolio | 307.3k $19.1m | Added +44.6k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 300.5k $18.7m | Added +299.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.06% of their portfolio | 295.2k $18.4m | Added +3.7k |
| CITIGROUP INC 0.03% of their portfolio | 288.6k $17.9m | Reduced -59.2k |
| PROFESSIONAL ADVISORY SERVICES INC 2.93% of their portfolio | 287.0k $17.8m | Added +16.8k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 275.4k $17.1m | Added +3.6k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 268.2k $16.7m | Added +41.1k |
| BARCLAYS PLC 0.01% of their portfolio | 267.9k $16.7m | Reduced -45.5k |
| MACKENZIE FINANCIAL CORP 0.03% of their portfolio | 261.1k $15.5m | Added +253.4k |
| California Public Employees Retirement System 0.01% of their portfolio | 249.2k $15.5m | Added +16.7k |
| Qube Research & Technologies Ltd 0.05% of their portfolio | 245.8k $15.3m | New |
| GAMCO INVESTORS, INC. ET AL 0.17% of their portfolio | 237.8k $14.8m | Reduced -6.6k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 237.2k $14.7m | Added +139.3k |
| ARVEST TRUST CO N A 0.95% of their portfolio | 234.4k $14.6m | Reduced -1.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.06% of their portfolio | 213.7k $13.3m | Reduced -147.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 209.7k $13.0m | Reduced -842.6k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 207.5k $12.9m | Reduced -1.8m |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 202.9k $12.6m | Added +6.6k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 201.5k $12.5m | Reduced -2.5k |
| GABELLI FUNDS LLC 0.10% of their portfolio | 198.2k $12.3m | Reduced -1.1k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.12% of their portfolio | 197.1k $12.3m | Added +73.2k |
| Ancora Advisors LLC 0.33% of their portfolio | 196.7k $12.2m | Reduced -8.9k |
| AVIVA PLC 0.05% of their portfolio | 193.2k $12.0m | Added +18.3k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 187.0k $11.6m | Reduced -2.0k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 182.2k $11.3m | Added +18.4k |
| Retirement Systems of Alabama 0.05% of their portfolio | 181.4k $11.3m | Reduced -9.6k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.07% of their portfolio | 178.8k $11.1m | Reduced -12.3k |
| Brandywine Global Investment Management, LLC 0.10% of their portfolio | 176.9k $11.0m | Added +10.6k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.26% of their portfolio | 173.2k $10.8m | Reduced -1.8k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 172.8k $10.7m | Added +6.4k |
| Mitsubishi UFJ Trust & Banking Corp 0.02% of their portfolio | 158.8k $9.9m | Added +76.6k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 156.7k $9.7m | Added +190 |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 151.8k $9.4m | Reduced -33.8k |
| MEAG MUNICH ERGO, Kapitalanlagegesellschaft mbH 0.41% of their portfolio | 149.6k $9.3m | Added +77.2k |
| COLONY GROUP LLC 0.14% of their portfolio | 145.4k $9.0m | Reduced -4.2k |
| Swiss Life Asset Management Ltd 0.14% of their portfolio | 144.8k $9.0m | Added +27.3k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 143.0k $8.9m | Reduced -3.4k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 142.5k $8.9m | Added +62.9k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 141.4k $8.8m | Reduced -6.6k |
| FORSTA AP-FONDEN 0.10% of their portfolio | 140.8k $8.8m | Added +54.0k |
| Andra AP-fonden 0.50% of their portfolio | 137.0k $8.5m | Reduced -5.1k |
| KBC Group NV 0.03% of their portfolio | 132.4k $8.2m | Added +124.9k |
| Achmea Investment Management B.V. 0.18% of their portfolio | 130.9k $8.1m | Added +78.1k |
| Man Group plc 0.02% of their portfolio | 123.2k $7.7m | New |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 121.0k $7.5m | Reduced -35.8k |
| North Growth Management Ltd. 1.59% of their portfolio | 115.0k $7.2m | Reduced -3.0k |