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 ($15.2m this quarter). Holder counts are more reliable. Shares outstanding: 125.1m as of 2024-04-19, 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 ≈ $84.54. Options: 6 managers hold calls ($7.8m notional), 6 hold puts ($5.7m).
Trends to Q1 2024
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 |
| Q1 2024 | 623 |
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 |
| Q1 2024 | 248 | 263 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2023 | $3.3m | $503.6k | 0.15 |
| Q3 2023 | $1.4m | $603.0k | 0.42 |
| Q4 2023 | $7.9m | $7.9m | 1.01 |
| Q1 2024 | $7.8m | $5.7m | 0.73 |
Biggest buyers
| FMR LLC | Added | +2.3m |
| MORGAN STANLEY | Added | +1.6m |
| Select Equity Group, L.P. | Added | +1.6m |
| Invesco Ltd. | Added | +690.3k |
| Holocene Advisors, LP | Added | +573.2k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Added | +347.0k |
| Qube Research & Technologies Ltd | Added | +279.1k |
| TWO SIGMA ADVISERS, LP | Added | +259.5k |
| TWO SIGMA INVESTMENTS, LP | Added | +257.5k |
| Zurcher Kantonalbank (Zurich Cantonalbank) | Added | +222.8k |
Biggest sellers
| Pictet Asset Management Holding SA | Reduced | -691.9k |
| FORT WASHINGTON INVESTMENT ADVISORS INC /OH/ | Reduced | -676.2k |
| ROYAL BANK OF CANADA | Reduced | -519.9k |
| HARRIS ASSOCIATES L P | Reduced | -484.8k |
| SOUTHEASTERN ASSET MANAGEMENT INC/TN/ | Sold out | -452.1k |
| Giverny Capital Inc. | Reduced | -449.0k |
| WELLINGTON MANAGEMENT GROUP LLP | Reduced | -361.9k |
| NORTHERN TRUST CORP | Reduced | -319.2k |
| CITADEL ADVISORS LLC | Reduced | -280.9k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Sold out | -275.3k |
Biggest calls
| Twin Tree Management, LP | Reduced | $3.5m41.1k shares |
| CITADEL ADVISORS LLC | Added | $2.6m30.6k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.0m12.3k shares |
| SIMPLEX TRADING, LLC | Reduced | $584.0k6.9k shares |
| Walleye Trading LLC | Added | $93.1k1.1k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Twin Tree Management, LP | Reduced | $4.8m56.6k shares |
| CITADEL ADVISORS LLC | Reduced | $313.3k3.7k shares |
| Walleye Capital LLC | New | $313.3k3.7k shares |
| Walleye Trading LLC | New | $152.4k1.8k shares |
| SIMPLEX TRADING, LLC | New | $93.0k1.1k 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 2024
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 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 | — | — |
| Q1 2024 | 0 | — | 2 | $1.8m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2024-03-11 | WATERS RONALD V Director | Sold | $162.2k2.0k shares |
| 2024-03-05 | PHYFER CHERI M EVP, Group President | Sold | $1.6m19.5k 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, Q1 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.03% of their portfolio | 15.3m $1.3bn | Added +127.9k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.4m $1.0bn | Reduced -4.0k |
| JPMORGAN CHASE & CO 0.04% of their portfolio | 10.6m $900.3m | Reduced -243.1k |
| STATE STREET CORP 0.02% of their portfolio | 5.4m $458.6m | Added +213.3k |
| Pictet Asset Management Holding SA 0.46% of their portfolio | 4.9m $418.4m | Reduced -691.9k |
| MORGAN STANLEY 0.01% of their portfolio | 4.5m $385.2m | Added +1.6m |
| HARRIS ASSOCIATES L P 0.60% of their portfolio | 4.4m $371.5m | Reduced -484.8k |
| Select Equity Group, L.P. 1.30% of their portfolio | 4.3m $359.9m | Added +1.6m |
| Holocene Advisors, LP 0.90% of their portfolio | 2.9m $243.4m | Added +573.2k |
| FMR LLC 0.02% of their portfolio | 2.8m $236.0m | Added +2.3m |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 2.3m $198.1m | Added +134.0k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.52% of their portfolio | 2.0m $170.1m | Added +23.4k |
| WELLINGTON MANAGEMENT GROUP LLP 0.03% of their portfolio | 1.9m $161.2m | Reduced -361.9k |
| FEDERATED HERMES, INC. 0.35% of their portfolio | 1.8m $152.1m | Reduced -136.0k |
| Invesco Ltd. 0.03% of their portfolio | 1.7m $144.3m | Added +690.3k |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 1.7m $141.6m | Reduced -93.5k |
| AMERICAN CENTURY COMPANIES INC 0.08% of their portfolio | 1.5m $130.1m | Reduced -57.5k |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 1.5m $125.4m | Added +94.0k |
| Pacer Advisors, Inc. 0.27% of their portfolio | 1.4m $118.3m | Added +202.1k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.4m $114.7m | Reduced -57.6k |
| NORGES BANK 0.02% of their portfolio | 1.3m $106.3m | Added +53.4k |
| EAGLE ASSET MANAGEMENT INC 0.51% of their portfolio | 1.2m $100.9m | Reduced -29.1k |
| NORTHERN TRUST CORP 0.02% of their portfolio | 1.1m $96.1m | Reduced -319.2k |
| MARSHALL WACE, LLP 0.15% of their portfolio | 1.1m $93.3m | Reduced -171.4k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 967.4k $81.9m | Added +347.0k |
| Amundi 0.03% of their portfolio | 964.1k $77.5m | Reduced -243.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.03% of their portfolio | 947.3k $80.2m | Added +40.7k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 845.1k $71.6m | Added +9.2k |
| Legal & General Group Plc 0.02% of their portfolio | 751.3k $63.6m | Reduced -5.1k |
| Robeco Schweiz AG 1.06% of their portfolio | 716.9k $60.7m | Reduced -54.6k |
| Allianz Asset Management GmbH 0.09% of their portfolio | 663.8k $56.2m | Reduced -177.8k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 645.6k $54.7m | Reduced -47.2k |
| Fenimore Asset Management Inc 1.11% of their portfolio | 622.8k $52.7m | Reduced -13.9k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 538.9k $45.6m | Reduced -99 |
| APG Asset Management N.V. 0.07% of their portfolio | 530.6k $41.6m | Added +12.3k |
| FIL Ltd 0.04% of their portfolio | 512.1k $43.4m | Added +60.4k |
| Aberdeen Group plc 0.08% of their portfolio | 505.0k $42.8m | Added +29.8k |
| Qube Research & Technologies Ltd 0.08% of their portfolio | 494.9k $41.9m | Added +279.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 478.0k $40.5m | Added +107.5k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 474.9k $40.2m | Added +12.0k |
| Giverny Capital Inc. 1.56% of their portfolio | 452.9k $38.3m | Reduced -449.0k |
| WATERS PARKERSON & CO., LLC 1.87% of their portfolio | 429.3k $36.4m | Reduced -2.1k |
| Swiss National Bank 0.02% of their portfolio | 377.6k $32.0m | Reduced -19.2k |
| RHUMBLINE ADVISERS 0.03% of their portfolio | 369.2k $31.3m | Added +562 |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 346.8k $29.4m | Reduced -2.9k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 344.2k $29.1m | Reduced -59.0k |
| PZENA INVESTMENT MANAGEMENT LLC 0.10% of their portfolio | 335.7k $28.4m | Reduced -6 |
| BARCLAYS PLC 0.01% of their portfolio | 334.8k $28.4m | Added +30.0k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 330.3k $28.0m | Added +22.8k |
| TWO SIGMA ADVISERS, LP 0.06% of their portfolio | 323.6k $27.4m | Added +259.5k |
| Robeco Institutional Asset Management B.V. 0.06% of their portfolio | 323.1k $27.4m | Added +79.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.02% of their portfolio | 318.1k $26.9m | Reduced -1.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.09% of their portfolio | 303.4k $25.7m | Added +222.8k |
| Curi Capital, LLC 0.58% of their portfolio | 297.8k $25.2m | Reduced -4.3k |
| BAMCO INC /NY/ 0.07% of their portfolio | 292.1k $24.7m | Unchanged |
| Alyeska Investment Group, L.P. 0.15% of their portfolio | 280.9k $23.8m | Added +124.1k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.09% of their portfolio | 270.0k $22.9m | Added +447 |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 269.6k $22.8m | Added +257.5k |
| PROFESSIONAL ADVISORY SERVICES INC 3.01% of their portfolio | 261.8k $22.2m | Reduced -313 |
| AVIVA PLC 0.07% of their portfolio | 253.7k $21.5m | Added +32.2k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 250.6k $21.2m | Added +679 |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 247.3k $20.9m | Reduced -519.9k |
| AQR CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 242.8k $20.5m | Added +117.3k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 242.6k $20.5m | Added +24.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 233.3k $19.8m | Reduced -5.7k |
| Walleye Capital LLC 0.21% of their portfolio | 229.8k $19.5m | Reduced -49.0k |
| ARVEST TRUST CO N A 1.07% of their portfolio | 223.5k $18.9m | Reduced -6.3k |
| Brandywine Global Investment Management, LLC 0.13% of their portfolio | 218.4k $18.5m | Added +3.1k |
| TUDOR INVESTMENT CORP ET AL 0.22% of their portfolio | 215.0k $18.2m | Reduced -89.5k |
| GAMCO INVESTORS, INC. ET AL 0.18% of their portfolio | 211.4k $17.9m | Reduced -6.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 203.6k $17.2m | Reduced -3.7k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 200.5k $17.0m | Added +41.5k |
| Ancora Advisors LLC 0.38% of their portfolio | 198.5k $16.8m | Reduced -1.3k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 192.9k $16.3m | Reduced -55.6k |
| Man Group plc 0.04% of their portfolio | 187.6k $15.9m | Reduced -8.8k |
| Retirement Systems of Alabama 0.06% of their portfolio | 187.4k $15.9m | Added +6.5k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 185.1k $15.7m | Added +201 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 184.0k $15.6m | Reduced -4.7k |
| GABELLI FUNDS LLC 0.11% of their portfolio | 183.7k $15.6m | Reduced -1.0k |
| Korea Investment CORP 0.04% of their portfolio | 182.0k $15.4m | Added +56.2k |
| UBS Group AG 0.01% of their portfolio | 180.2k $15.3m | Added +102.9k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 176.7k $15.0m | Added +1.9k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.31% of their portfolio | 175.3k $14.8m | Reduced -7.4k |
| TWINBEECH CAPITAL LP 0.30% of their portfolio | 171.9k $14.6m | Added +96.7k |
| KBC Group NV 0.05% of their portfolio | 171.0k $14.5m | Reduced -41.3k |
| AMERICAN INTERNATIONAL GROUP, INC. 0.05% of their portfolio | 166.9k $14.1m | Reduced -3.4k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 162.5k $13.8m | Reduced -4.0k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 162.2k $9.5m | Added +5.4k |
| Focus Partners Wealth 0.11% of their portfolio | 153.5k $13.0m | Added +8.8k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 152.2k $12.9m | Added +104.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.02% of their portfolio | 150.8k $12.8m | Added +30.2k |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 150.0k $12.6m | Added +1.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 132.4k $11.2m | Reduced -21.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 129.8k $11.0m | Reduced -7.1k |
| Woodline Partners LP 0.10% of their portfolio | 129.5k $11.0m | New |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 129.0k $10.9m | Reduced -18.9k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 120.9k $10.2m | Reduced -9.9k |
| Achmea Investment Management B.V. 0.19% of their portfolio | 117.5k $10.0m | Reduced -14.4k |
| North Growth Management Ltd. 1.85% of their portfolio | 114.0k $9.7m | Reduced -1.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 111.2k $9.4m | Added +5.2k |