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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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Fortune Brands Innovations, Inc. (Name of Issuer) |
COMMON STOCK (Title of Class of Securities) |
(CUSIP Number) |
Mathieu Cornu Route des Acacias 60, Geneva, V8, 1211 0041583234506 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) |
07/31/2026 (Date of Event Which Requires Filing of This Statement) |
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the
Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other
provisions of the Act (however, see the Notes).
SCHEDULE 13D
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| CUSIP No. |
| 1 |
Name of reporting person
PICTET ASSET MANAGEMENT SA | ||||||||
| 2 | Check the appropriate box if a member of a Group (See Instructions)
(a)
(b)
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| 3 | SEC use only | ||||||||
| 4 |
Source of funds (See Instructions)
WC | ||||||||
| 5 |
Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)
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| 6 | Citizenship or place of organization
SWITZERLAND
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| Number of Shares Beneficially Owned by Each Reporting Person With: |
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| 11 | Aggregate amount beneficially owned by each reporting person
6,357,492.00 | ||||||||
| 12 | Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)
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| 13 | Percent of class represented by amount in Row (11)
5.3 % | ||||||||
| 14 | Type of Reporting Person (See Instructions)
IA |
SCHEDULE 13D
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| Item 1. | Security and Issuer |
| (a) | Title of Class of Securities:
COMMON STOCK |
| (b) | Name of Issuer:
Fortune Brands Innovations, Inc. |
| (c) | Address of Issuer's Principal Executive Offices:
1 HORIZON WAY, 1 HORIZON WAY, DEERFIELD,
ILLINOIS
, 60015. |
| Item 2. | Identity and Background |
| (a) | Pictet Asset Management SA |
| (b) | 60 ROUTE DES ACACIAS
GENEVA 73 1211
SWITZERLAND |
| (c) | Investment Adviser |
| (d) | The Reporting Person has not been, during the last five years, convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors). |
| (e) | The Reporting Person has not been, during the last five years, a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding of any violation with respect to such laws. |
| (f) | SWITZERLAND |
| Item 3. | Source and Amount of Funds or Other Consideration |
The Reporting Person acquired the shares of common stock of Fortune Brands Innovations Inc on behalf of its institutional clients who are managed on a discretionary basis. The purchase cost is approximately USD 344,224,327.09 . The source of the funds comes from our institutional clients' assets
The funds used for the acquisition did not involve any financing or borrowing. | |
| Item 4. | Purpose of Transaction |
The Reporting Person acquired shares of Fortune Brands Innovations Inc as part of its investment strategy, which includes considering the clarity and robustness of the issuer's long-term strategy; the functioning and calibre of governance structures and effective leadership; the financial strength and performance of issuers and the fair valuation of underlying securities; and financially-material sustainability risks & opportunities. The Reporting Person is therefore actively engaging with the Issuer to discuss and promote initiatives that align with these business practices.
This engagement is part of the Reporting Person's broader strategy to support companies in enhancing their approach, thereby potentially improving long-term shareholder value. As such, the Reporting Person may seek to influence the Issuer's policies and practices through discussions with the Boards and management of the companies in which we invest.
The Reporting Person does not currently have any plans or proposals that would result in a change in control of the Issuer, nor does it intend to acquire additional shares for the purpose of gaining control. However, the Reporting Person reserves the right to change its intentions and take any actions that it deems appropriate in light of its ongoing engagement and evaluation of the Issuer's policies and practices. | |
| Item 5. | Interest in Securities of the Issuer |
| (a) | Pictet Asset Management SA manages 6,357,692 shares of Fortune Brands Innovations Inc , which represents 5.32% of the total number of shares.
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| (b) | Pictet Asset Management SA has the Sole power to vote on 6,112,623 shares out of the 6,357,692 shares under management. |
| (c) | Date Type Quantity Price Exchange
31.07.2026 BUYL 3'340 49.26 New York Stock Exchange
31.07.2026 SELL 162 48.44 New York Stock Exchange
31.07.2026 SELL 323 48.44 New York Stock Exchange
31.07.2026 SELL 31'136 48.44 New York Stock Exchange
31.07.2026 SELL 484 48.44 New York Stock Exchange
30.07.2026 BUYL 2'281 49.25 New York Stock Exchange
30.07.2026 BUYL 979 49.25 New York Stock Exchange
30.07.2026 SELL 10'604 49.18 New York Stock Exchange
30.07.2026 SELL 374 49.86 New York Stock Exchange
30.07.2026 SELL 538 49.86 New York Stock Exchange
30.07.2026 SELL 375 49.86 New York Stock Exchange
29.07.2026 SELL 232 49.12 New York Stock Exchange
28.07.2026 SELL 641 52.17 New York Stock Exchange
28.07.2026 SELL 992 52.17 New York Stock Exchange
28.07.2026 SELL 307 52.17 New York Stock Exchange
28.07.2026 SELL 56'873 52.17 New York Stock Exchange
28.07.2026 SELL 20'247 52.21 New York Stock Exchange
28.07.2026 SELL 91'396 52.21 New York Stock Exchange
28.07.2026 SELL 3'223 52.21 New York Stock Exchange
27.07.2026 SELL 29'853 51.57 New York Stock Exchange
27.07.2026 SELL 5'277 51.58 New York Stock Exchange
27.07.2026 SELL 149'604 51.58 New York Stock Exchange
23.07.2026 BUYL 150 49.80 New York Stock Exchange
23.07.2026 SELL 76 49.53 New York Stock Exchange
23.07.2026 SELL 200 49.53 New York Stock Exchange
22.07.2026 SELL 20'561 50.12 New York Stock Exchange
21.07.2026 SELL 972 49.58 New York Stock Exchange
17.07.2026 BUYL 990 51.45 New York Stock Exchange
16.07.2026 BUYL 903 52.62 New York Stock Exchange
16.07.2026 BUYL 1'905 52.62 New York Stock Exchange
15.07.2026 BUYL 2'025 51.15 New York Stock Exchange
15.07.2026 SELL 182 51.15 New York Stock Exchange
15.07.2026 SELL 269 51.45 New York Stock Exchange
15.07.2026 SELL 348 51.45 New York Stock Exchange
15.07.2026 SELL 384 51.45 New York Stock Exchange
15.07.2026 SELL 37'150 51.45 New York Stock Exchange
15.07.2026 SELL 1'143 50.76 New York Stock Exchange
14.07.2026 BUYL 6'165 50.62 New York Stock Exchange
14.07.2026 BUYL 969 50.62 New York Stock Exchange
08.07.2026 BUYL 3'347 48.80 New York Stock Exchange
07.07.2026 SELL 728 50.48 New York Stock Exchange
07.07.2026 SELL 15'483 50.48 New York Stock Exchange
06.07.2026 BUYL 43 53.34 New York Stock Exchange
01.07.2026 BUYL 930 54.55 New York Stock Exchange
30.06.2026 SELL 931 54.01 New York Stock Exchange
29.06.2026 SELL 139'982 50.42 New York Stock Exchange
29.06.2026 SELL 14'924 50.42 New York Stock Exchange
29.06.2026 SELL 4'538 49.23 New York Stock Exchange
29.06.2026 SELL 519'602 50.42 New York Stock Exchange
29.06.2026 SELL 154'718 49.23 New York Stock Exchange
29.06.2026 SELL 10'376 49.69 New York Stock Exchange
29.06.2026 SELL 1'283 49.69 New York Stock Exchange
29.06.2026 SELL 38'341 49.69 New York Stock Exchange
29.06.2026 SELL 10'106 49.79 New York Stock Exchange
29.06.2026 SELL 1'255 49.79 New York Stock Exchange
29.06.2026 SELL 37'339 49.79 New York Stock Exchange
26.06.2026 BUYL 289 45.98 New York Stock Exchange
26.06.2026 BUYL 980 45.98 New York Stock Exchange
26.06.2026 BUYL 1'421 45.98 New York Stock Exchange
24.06.2026 BUYL 722 41.58 New York Stock Exchange
23.06.2026 BUYL 26'198 41.46 New York Stock Exchange
23.06.2026 SELL 1'195 40.98 New York Stock Exchange
22.06.2026 SELL 520 42.00 New York Stock Exchange
15.06.2026 SELL 272 43.53 New York Stock Exchange
15.06.2026 SELL 567 43.53 New York Stock Exchange
15.06.2026 SELL 56'551 43.53 New York Stock Exchange
15.06.2026 SELL 226 43.53 New York Stock Exchange
12.06.2026 SELL 44'369 43.47 New York Stock Exchange
12.06.2026 SELL 983 43.48 New York Stock Exchange
11.06.2026 SELL 480 40.83 New York Stock Exchange
11.06.2026 SELL 8'675 40.83 New York Stock Exchange
11.06.2026 SELL 171'325 41.86 New York Stock Exchange
11.06.2026 SELL 5'020 41.86 New York Stock Exchange
09.06.2026 BUYL 455 39.89 New York Stock Exchange
05.06.2026 SELL 22'117 39.06 New York Stock Exchange
05.06.2026 SELL 2'762 39.06 New York Stock Exchange
05.06.2026 SELL 5'388 39.06 New York Stock Exchange
05.06.2026 SELL 17'679 39.06 New York Stock Exchange
05.06.2026 SELL 301 39.06 New York Stock Exchange
05.06.2026 BUYL 627 39.16 New York Stock Exchange
05.06.2026 BUYL 1'019 39.16 New York Stock Exchange
05.06.2026 BUYL 1'905 39.16 New York Stock Exchange
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| (d) | The securities reported herein come from the assets of our institutional clients who are managed by the Reporting Person on a discretionary basis. Consequently, our clients have the right to receive dividends and any proceeds from the sale of the Issuer's securities, in proportion to their respective managed assets.
The Reporting Person itself does not have any direct economic interest in the dividends or sale proceeds from the securities of Fortune Brands Innovations Inc, other than its entitlement to management fees and / or performance-based compensation, as agreed upon with its clients. The Reporting Person's role is limited to managing the investments in accordance with the investment objectives and strategies set forth by each of its institutional clients. |
| (e) | Not applicable |
| Item 6. | Contracts, Arrangements, Understandings or Relationships With Respect to Securities of the Issuer |
The Reporting Person's exposure to Fortune Brands Innovations Inc is solely through direct stock investments held by its managed institutional clients. There are no contracts, arrangements, understandings, or relationships with any third parties regarding the securities of Fortune Brands Innovations Inc, other than those arising from the ordinary course of discretionary management of our client assets.
The Reporting Person does not have any derivative positions, options, or other financial instruments related to the securities of the Issuer. Furthermore, there are no agreements or understandings that would influence the voting or disposition of these securities beyond the Reporting Person's discretionary investment authority as an asset manager. |
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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