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 ($11.7m this quarter). Holder counts are more reliable. Shares outstanding: 126.1m as of 2024-02-09, 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 ≈ $76.11. Options: 6 managers hold calls ($7.9m notional), 3 hold puts ($7.9m).
Trends to Q4 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 |
| Q4 2023 | 614 |
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 |
| Q4 2023 | 252 | 255 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2023 | $1.9m | $792.1k | 0.43 |
| Q2 2023 | $3.3m | $503.6k | 0.15 |
| Q3 2023 | $1.4m | $603.0k | 0.42 |
| Q4 2023 | $7.9m | $7.9m | 1.01 |
Biggest buyers
| JPMORGAN CHASE & CO | Added | +5.5m |
| MORGAN STANLEY | Added | +1.5m |
| AMERICAN CENTURY COMPANIES INC | Added | +929.1k |
| Select Equity Group, L.P. | Added | +737.2k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +534.9k |
| FIDUCIARY MANAGEMENT INC /WI/ | Added | +322.5k |
| Diamond Hill Capital Management, LLC (Investment Advisor) | New | +269.6k |
| Pacer Advisors, Inc. | Added | +262.9k |
| Man Group plc | New | +196.4k |
| TUDOR INVESTMENT CORP ET AL | Added | +192.0k |
Biggest sellers
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.2m |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -1.2m |
| FMR LLC | Reduced | -1.1m |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Reduced | -890.7k |
| Pictet Asset Management Holding SA | Reduced | -758.6k |
| FIL Ltd | Reduced | -339.3k |
| AMERIPRISE FINANCIAL INC | Reduced | -291.0k |
| MACKENZIE FINANCIAL CORP | Sold out | -261.1k |
| PZENA INVESTMENT MANAGEMENT LLC | Reduced | -243.0k |
| Robeco Schweiz AG | Reduced | -236.3k |
Biggest calls
| Twin Tree Management, LP | New | $4.9m63.7k shares |
| CITADEL ADVISORS LLC | Added | $1.3m17.3k shares |
| SIMPLEX TRADING, LLC | New | $982.0k12.9k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $738.6k9.7k shares |
| Walleye Trading LLC | New | $7.6k100 shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Twin Tree Management, LP | New | $7.1m93.0k shares |
| CITADEL ADVISORS LLC | Added | $868.0k11.4k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
None reported in Q4 2023.
Holders, Q4 2023
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 15.1m $1.2bn | Added +158.6k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.4m $943.2m | Reduced -21.9k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 10.9m $828.1m | Added +5.5m |
| Pictet Asset Management Holding SA 0.47% of their portfolio | 5.6m $429.0m | Reduced -758.6k |
| STATE STREET CORP 0.02% of their portfolio | 5.2m $396.2m | Added +18.0k |
| HARRIS ASSOCIATES L P 0.64% of their portfolio | 4.9m $370.9m | Added +93.5k |
| MORGAN STANLEY 0.01% of their portfolio | 2.9m $224.5m | Added +1.5m |
| Select Equity Group, L.P. 0.75% of their portfolio | 2.7m $204.6m | Added +737.2k |
| Holocene Advisors, LP 0.69% of their portfolio | 2.3m $175.2m | Added +9.6k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 2.3m $172.5m | Reduced -1.2m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.2m $168.0m | Added +134.3k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.41% of their portfolio | 2.0m $151.2m | Added +322.5k |
| FEDERATED HERMES, INC. 0.37% of their portfolio | 1.9m $147.1m | Reduced -113.8k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.8m $134.5m | Reduced -211.8k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 1.6m $121.4m | Added +929.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.5m $110.7m | Reduced -200.7k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.4m $107.5m | Reduced -62.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.13% of their portfolio | 1.4m $105.9m | Added +534.9k |
| MARSHALL WACE, LLP 0.19% of their portfolio | 1.3m $96.9m | Added +176.5k |
| EAGLE ASSET MANAGEMENT INC 0.51% of their portfolio | 1.2m $94.7m | Added +1.5k |
| Amundi 0.04% of their portfolio | 1.2m $92.6m | Added +177.6k |
| NORGES BANK 0.02% of their portfolio | 1.2m $91.5m | Added +35.5k |
| Pacer Advisors, Inc. 0.26% of their portfolio | 1.2m $91.0m | Added +262.9k |
| Invesco Ltd. 0.02% of their portfolio | 1.0m $77.2m | Added +121.1k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 906.6k $69.0m | Added +29.4k |
| Giverny Capital Inc. 3.23% of their portfolio | 901.9k $68.7m | Added +1.4k |
| Allianz Asset Management GmbH 0.12% of their portfolio | 841.5k $64.1m | Added +69.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 835.9k $63.6m | Added +13.3k |
| Robeco Schweiz AG 0.99% of their portfolio | 771.5k $58.7m | Reduced -236.3k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 767.2k $58.4m | Reduced -12.0k |
| Legal & General Group Plc 0.02% of their portfolio | 756.4k $57.6m | Added +27.1k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 692.8k $52.7m | Reduced -38.7k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ 0.36% of their portfolio | 684.4k $52.1m | Reduced -47.8k |
| Fenimore Asset Management Inc 1.13% of their portfolio | 636.6k $48.5m | Reduced -4.9k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.06% of their portfolio | 620.4k $47.2m | Added +21.5k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 539.0k $41.0m | Added +2.0k |
| APG Asset Management N.V. 0.07% of their portfolio | 518.3k $35.7m | Added +12.9k |
| Aberdeen Group plc 0.08% of their portfolio | 475.2k $36.2m | Added +55.6k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 463.0k $35.3m | Reduced -16.4k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ 1.32% of their portfolio | 452.1k $34.4m | Reduced -890.7k |
| FIL Ltd 0.04% of their portfolio | 451.7k $34.4m | Reduced -339.3k |
| FMR LLC 0.00% of their portfolio | 450.7k $34.3m | Reduced -1.1m |
| WATERS PARKERSON & CO., LLC 1.82% of their portfolio | 431.4k $32.9m | Reduced -43.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 403.2k $30.7m | Added +13.8k |
| Swiss National Bank 0.02% of their portfolio | 396.8k $30.2m | Reduced -10.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 370.4k $28.2m | Added +8.9k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 368.7k $28.1m | Reduced -17.8k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 349.7k $26.6m | Reduced -291.0k |
| PZENA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 335.7k $25.6m | Reduced -243.0k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 331.9k $25.3m | Added +31.3k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 319.3k $24.3m | Reduced -3.9k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 307.6k $23.4m | Added +32.1k |
| BARCLAYS PLC 0.01% of their portfolio | 304.9k $23.2m | Added +37.0k |
| TUDOR INVESTMENT CORP ET AL 0.32% of their portfolio | 304.5k $23.2m | Added +192.0k |
| Curi Capital, LLC 0.70% of their portfolio | 302.2k $23.0m | Reduced -5.2k |
| CITIGROUP INC 0.03% of their portfolio | 296.5k $22.6m | Added +8.0k |
| BAMCO INC /NY/ 0.06% of their portfolio | 292.1k $22.2m | Reduced -20.6k |
| Walleye Capital LLC 0.30% of their portfolio | 278.8k $21.2m | Added +188.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 275.3k $21.0m | Reduced -1.2m |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.09% of their portfolio | 269.6k $20.5m | New |
| PROFESSIONAL ADVISORY SERVICES INC 2.85% of their portfolio | 262.1k $20.0m | Reduced -24.8k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.05% of their portfolio | 252.6k $19.2m | Reduced -42.6k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 249.9k $19.0m | Reduced -89.2k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 248.5k $18.9m | Added +45.6k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 243.3k $18.5m | Added +6.0k |
| California Public Employees Retirement System 0.01% of their portfolio | 239.1k $18.2m | Reduced -10.1k |
| ARVEST TRUST CO N A 1.05% of their portfolio | 229.8k $17.5m | Reduced -4.6k |
| AVIVA PLC 0.06% of their portfolio | 221.5k $16.9m | Added +28.2k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 218.3k $16.6m | Reduced -49.9k |
| GAMCO INVESTORS, INC. ET AL 0.18% of their portfolio | 218.1k $16.6m | Reduced -19.7k |
| Qube Research & Technologies Ltd 0.04% of their portfolio | 215.8k $16.4m | Reduced -30.1k |
| Brandywine Global Investment Management, LLC 0.13% of their portfolio | 215.3k $16.4m | Added +38.4k |
| KBC Group NV 0.06% of their portfolio | 212.3k $16.2m | Added +79.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 207.3k $15.8m | Reduced -156 |
| MANGROVE PARTNERS IM, LLC 1.08% of their portfolio | 201.1k $15.3m | Reduced -135.8k |
| Ancora Advisors LLC 0.36% of their portfolio | 199.8k $15.2m | Added +3.1k |
| Man Group plc 0.04% of their portfolio | 196.4k $15.0m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 188.7k $14.4m | Reduced -12.8k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 184.9k $14.1m | Reduced -2.1k |
| GABELLI FUNDS LLC 0.11% of their portfolio | 184.7k $14.1m | Reduced -13.5k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.30% of their portfolio | 182.7k $13.9m | Added +9.5k |
| Squarepoint Ops LLC 0.06% of their portfolio | 181.5k $13.8m | Added +133.4k |
| Retirement Systems of Alabama 0.06% of their portfolio | 180.9k $13.8m | Reduced -510 |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 174.8k $13.3m | Reduced -7.4k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 170.3k $13.0m | Reduced -8.4k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 166.5k $12.7m | Reduced -6.3k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 159.0k $12.1m | Added +7.2k |
| Alyeska Investment Group, L.P. 0.08% of their portfolio | 156.8k $11.9m | New |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 156.8k $11.9m | Added +14 |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 153.5k $11.7m | Added +99.0k |
| VeriStar Capital Management LP 7.69% of their portfolio | 153.2k $11.7m | Added +52.6k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 148.8k $11.3m | Reduced -10.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 147.9k $11.3m | Added +5.4k |
| Focus Partners Wealth 0.14% of their portfolio | 144.7k $11.0m | First filing |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 136.9k $10.4m | Reduced -6.0k |
| Achmea Investment Management B.V. 0.21% of their portfolio | 132.0k $10.1m | Added +1.1k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 130.7k $9.9m | Reduced -10.7k |
| Gotham Asset Management, LLC 0.18% of their portfolio | 126.2k $9.6m | Added +16.2k |
| Korea Investment CORP 0.03% of their portfolio | 125.8k $9.6m | Added +80.5k |
| AQR CAPITAL MANAGEMENT LLC 0.02% of their portfolio | 125.5k $9.6m | Added +34.3k |