Orbis Investment Management Ltd Reports 0.6% Stake in Fortune Brands Innovations, Inc. (FBIN)

Orbis Investment Management Ltd, along with Allan Gray Australia Pty Ltd, filed a Schedule 13G/A on May 15, 2026, regarding their holdings in Fortune Brands Innovations, Inc. (FBIN). The filing indicates that Orbis Investment Management Ltd now beneficially owns 774,529 shares of common stock, representing a 0.6% ownership stake in the company. This reflects an increase from a previously reported position of zero shares. Allan Gray Australia Pty Ltd reported zero shares in this specific filing. Both entities are classified as non-U.S. institutions equivalent to investment advisers. The reporting persons clarified that while they are filing together, they do not constitute a 'group' for Section 13(d)(3) purposes and each disclaims beneficial ownership of the other's shares. The securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The filing was triggered by an event on March 31, 2026.