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 ($10.4m this quarter). Holder counts are more reliable. Shares outstanding: 124.1m as of 2024-07-19, 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 ≈ $64.92. Options: 6 managers hold calls ($4.0m notional), 5 hold puts ($7.1m).
Trends to Q2 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 |
| Q2 2024 | 615 |
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 |
| Q2 2024 | 258 | 283 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2023 | $1.4m | $603.0k | 0.42 |
| Q4 2023 | $7.9m | $7.9m | 1.01 |
| Q1 2024 | $7.8m | $5.7m | 0.73 |
| Q2 2024 | $4.0m | $7.1m | 1.80 |
Biggest buyers
| Select Equity Group, L.P. | Added | +2.1m |
| HARRIS ASSOCIATES L P | Added | +1.3m |
| Invesco Ltd. | Added | +482.3k |
| NORDEA INVESTMENT MANAGEMENT AB | Added | +444.3k |
| Amundi | Added | +389.8k |
| CITADEL ADVISORS LLC | Added | +382.3k |
| JANE STREET GROUP, LLC | Added | +360.1k |
| D. E. Shaw & Co., Inc. | Added | +334.9k |
| RENAISSANCE TECHNOLOGIES LLC | New | +321.2k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC | New | +254.2k |
Biggest sellers
| MORGAN STANLEY | Reduced | -3.2m |
| Pacer Advisors, Inc. | Reduced | -1.4m |
| STATE STREET CORP | Reduced | -1.0m |
| AMERICAN CENTURY COMPANIES INC | Reduced | -858.9k |
| BlackRock Inc. | Reduced | -589.6k |
| FEDERATED HERMES, INC. | Reduced | -547.7k |
| Allianz Asset Management GmbH | Reduced | -491.0k |
| MARSHALL WACE, LLP | Reduced | -450.8k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -429.9k |
| PZENA INVESTMENT MANAGEMENT LLC | Sold out | -335.7k |
Biggest calls
| CITADEL ADVISORS LLC | Reduced | $1.7m26.9k shares |
| Twin Tree Management, LP | Reduced | $1.3m19.4k shares |
| Walleye Trading LLC | Added | $454.6k7.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $389.6k6.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $123.0k1.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Twin Tree Management, LP | Added | $6.6m101.7k shares |
| CITADEL ADVISORS LLC | Added | $526.0k8.1k shares |
| GROUP ONE TRADING LLC | New | $6.5k100 shares |
| SIMPLEX TRADING, LLC | Reduced | $6.0k100 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 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 |
|---|---|---|---|---|---|
| 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 | — |
| Q2 2024 | 0 | — | 0 | — | — |
None reported in Q2 2024.
Holders, Q2 2024
| Manager | Shares | Change |
|---|---|---|
| BlackRock Inc. 0.02% of their portfolio | 14.7m $953.4m | Reduced -589.6k |
| VANGUARD GROUP INC 0.02% of their portfolio | 12.2m $794.0m | Reduced -157.4k |
| JPMORGAN CHASE & CO 0.03% of their portfolio | 10.4m $675.8m | Reduced -227.0k |
| Select Equity Group, L.P. 1.63% of their portfolio | 6.3m $410.9m | Added +2.1m |
| HARRIS ASSOCIATES L P 0.62% of their portfolio | 5.7m $369.2m | Added +1.3m |
| Pictet Asset Management Holding SA 0.38% of their portfolio | 5.1m $332.4m | Added +175.7k |
| STATE STREET CORP 0.01% of their portfolio | 4.4m $285.9m | Reduced -1.0m |
| Holocene Advisors, LP 0.82% of their portfolio | 3.0m $197.3m | Added +163.2k |
| FMR LLC 0.01% of their portfolio | 2.9m $188.0m | Added +108.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 2.5m $158.9m | Added +107.0k |
| Invesco Ltd. 0.03% of their portfolio | 2.2m $142.0m | Added +482.3k |
| FIDUCIARY MANAGEMENT INC /WI/ 1.23% of their portfolio | 2.0m $132.0m | Added +23.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.15% of their portfolio | 1.9m $126.7m | Added +444.3k |
| WELLINGTON MANAGEMENT GROUP LLP 0.02% of their portfolio | 1.9m $124.5m | Added +14.0k |
| DIMENSIONAL FUND ADVISORS LP 0.03% of their portfolio | 1.8m $119.5m | Added +167.8k |
| Bank of New York Mellon Corp 0.02% of their portfolio | 1.4m $89.5m | Added +24.1k |
| MORGAN STANLEY 0.01% of their portfolio | 1.4m $88.9m | Reduced -3.2m |
| Amundi 0.03% of their portfolio | 1.4m $87.3m | Added +389.8k |
| NORGES BANK 0.01% of their portfolio | 1.3m $86.5m | Added +76.4k |
| FEDERATED HERMES, INC. 0.19% of their portfolio | 1.2m $81.1m | Reduced -547.7k |
| EAGLE ASSET MANAGEMENT INC 0.39% of their portfolio | 1.2m $73.3m | Reduced -58.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.02% of their portfolio | 1.1m $72.5m | Added +169.6k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.1m $71.1m | Reduced -40.3k |
| Robeco Schweiz AG 1.13% of their portfolio | 906.6k $58.9m | Added +189.6k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 848.9k $55.1m | Added +3.7k |
| Legal & General Group Plc 0.01% of their portfolio | 740.2k $48.1m | Reduced -11.1k |
| FIL Ltd 0.04% of their portfolio | 683.4k $44.4m | Added +171.3k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 678.1k $44.0m | Reduced -858.9k |
| MARSHALL WACE, LLP 0.06% of their portfolio | 650.7k $42.3m | Reduced -450.8k |
| JANUS HENDERSON GROUP PLC 0.02% of their portfolio | 601.9k $39.1m | Reduced -43.7k |
| APG Asset Management N.V. 0.06% of their portfolio | 539.7k $32.7m | Added +9.1k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.04% of their portfolio | 537.5k $34.9m | Reduced -429.9k |
| Aberdeen Group plc 0.07% of their portfolio | 532.0k $34.6m | Added +27.0k |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 529.6k $34.4m | Added +185.3k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 524.8k $34.1m | Reduced -14.1k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 474.5k $30.8m | Reduced -3.5k |
| Giverny Capital Inc. 1.22% of their portfolio | 445.6k $28.9m | Reduced -7.2k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 433.3k $28.1m | Added +382.3k |
| WATERS PARKERSON & CO., LLC 1.48% of their portfolio | 428.9k $27.9m | Reduced -433 |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 416.5k $27.0m | Reduced -58.4k |
| AQR CAPITAL MANAGEMENT LLC 0.04% of their portfolio | 415.3k $27.0m | Added +172.4k |
| JANE STREET GROUP, LLC 0.03% of their portfolio | 406.4k $26.4m | Added +360.1k |
| Diamond Hill Capital Management, LLC (Investment Advisor) 0.11% of their portfolio | 401.4k $26.1m | Added +131.3k |
| Fenimore Asset Management Inc 0.56% of their portfolio | 396.5k $25.8m | Reduced -226.2k |
| Swiss National Bank 0.02% of their portfolio | 371.5k $24.1m | Reduced -6.1k |
| RHUMBLINE ADVISERS 0.02% of their portfolio | 362.3k $23.5m | Reduced -6.9k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.08% of their portfolio | 360.5k $23.4m | Added +57.1k |
| TWO SIGMA ADVISERS, LP 0.05% of their portfolio | 343.7k $22.3m | Added +20.1k |
| D. E. Shaw & Co., Inc. 0.03% of their portfolio | 337.6k $21.9m | Added +334.9k |
| RENAISSANCE TECHNOLOGIES LLC 0.04% of their portfolio | 321.2k $20.9m | New |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 320.8k $20.8m | Reduced -25.9k |
| Alyeska Investment Group, L.P. 0.12% of their portfolio | 313.3k $20.3m | Added +32.5k |
| PROFESSIONAL ADVISORY SERVICES INC 2.69% of their portfolio | 303.6k $19.7m | Added +41.8k |
| Retirement Systems of Alabama 0.08% of their portfolio | 299.3k $19.4m | Added +111.9k |
| Robeco Institutional Asset Management B.V. 0.04% of their portfolio | 296.1k $19.2m | Reduced -27.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 295.9k $19.2m | Reduced -22.2k |
| DEUTSCHE BANK AG\ 0.01% of their portfolio | 293.6k $19.1m | Reduced -36.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 293.5k $19.1m | Added +42.9k |
| BARCLAYS PLC 0.01% of their portfolio | 267.6k $17.4m | Reduced -67.2k |
| HRT FINANCIAL LP 0.10% of their portfolio | 259.5k $16.9m | Added +253.1k |
| AVIVA PLC 0.05% of their portfolio | 259.0k $16.8m | Added +5.3k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.06% of their portfolio | 254.2k $16.5m | New |
| Ancora Advisors LLC 0.39% of their portfolio | 242.5k $15.7m | Added +44.0k |
| ALLIANCEBERNSTEIN L.P. 0.01% of their portfolio | 237.3k $15.4m | Reduced -5.3k |
| Teca Partners, LP 10.55% of their portfolio | 233.2k $15.1m | Added +145.2k |
| California Public Employees Retirement System 0.01% of their portfolio | 230.3k $15.0m | Reduced -3.1k |
| ADAGE CAPITAL PARTNERS GP, L.L.C. 0.03% of their portfolio | 222.0k $14.4m | New |
| TWINBEECH CAPITAL LP 0.27% of their portfolio | 214.0k $13.9m | Added +42.1k |
| ARVEST TRUST CO N A 0.78% of their portfolio | 201.5k $13.1m | Reduced -22.0k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 197.5k $12.8m | Reduced -6.1k |
| GAMCO INVESTORS, INC. ET AL 0.14% of their portfolio | 196.3k $12.7m | Reduced -15.1k |
| NEUBERGER BERMAN GROUP LLC 0.01% of their portfolio | 194.3k $12.6m | Added +31.8k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 185.2k $12.0m | Reduced -15.3k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 185.1k $12.0m | Reduced -84.5k |
| TRUIST FINANCIAL CORP 0.02% of their portfolio | 184.6k $12.0m | Reduced -492 |
| GABELLI FUNDS LLC 0.09% of their portfolio | 183.7k $11.9m | Unchanged |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 183.2k $11.9m | Reduced -737 |
| Allianz Asset Management GmbH 0.02% of their portfolio | 172.8k $11.2m | Reduced -491.0k |
| Russell Investments Group, Ltd. 0.02% of their portfolio | 172.4k $11.2m | Reduced -4.3k |
| KENNEDY CAPITAL MANAGEMENT LLC 0.24% of their portfolio | 171.9k $11.2m | Reduced -3.4k |
| Qube Research & Technologies Ltd 0.02% of their portfolio | 171.1k $11.1m | Reduced -323.8k |
| UBS Group AG 0.00% of their portfolio | 170.3k $11.1m | Reduced -9.9k |
| KBC Group NV 0.03% of their portfolio | 170.1k $11.0m | Reduced -917 |
| Mitsubishi UFJ Trust & Banking Corp 0.03% of their portfolio | 170.0k $11.0m | Added +20.0k |
| ExodusPoint Capital Management, LP 0.12% of their portfolio | 161.7k $10.5m | Added +157.6k |
| Corebridge Financial, Inc. 0.06% of their portfolio | 158.2k $10.3m | First filing |
| Focus Partners Wealth 0.03% of their portfolio | 157.9k $10.3m | Added +4.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.02% of their portfolio | 152.7k $9.9m | Reduced -9.5k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 142.8k $9.3m | New |
| CITIGROUP INC 0.01% of their portfolio | 138.4k $9.0m | Added +40.5k |
| CANADA LIFE ASSURANCE Co 0.02% of their portfolio | 131.4k $8.5m | Added +10.5k |
| Squarepoint Ops LLC 0.03% of their portfolio | 130.0k $8.4m | Added +92.2k |
| Achmea Investment Management B.V. 0.14% of their portfolio | 121.1k $7.9m | Added +3.6k |
| MACQUARIE GROUP LTD 0.01% of their portfolio | 120.3k $7.8m | Added +110.1k |
| NEW YORK STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 119.1k $7.7m | Reduced -10.7k |
| VOYA INVESTMENT MANAGEMENT LLC 0.01% of their portfolio | 118.3k $7.7m | Reduced -10.8k |
| North Growth Management Ltd. 1.47% of their portfolio | 115.0k $7.4m | Added +1.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.01% of their portfolio | 108.5k $7.0m | Reduced -2.8k |
| Schonfeld Strategic Advisors LLC 0.05% of their portfolio | 107.1k $7.0m | Added +91.3k |
| BAMCO INC /NY/ 0.02% of their portfolio | 106.4k $6.9m | Reduced -185.7k |