Corvex Management’s Fidelity National Financial FNF Stock Holding History

Corvex Management’s Portfolio FNF Stock Details FNF Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q1	–	Sell	-7,083,203	Closed	-$167M	–	38
2016 Q4	$167M	Sell	7,083,203 -8,428,989	-54%	-$202M	2.86%	10
2016 Q3	$397M	Sell	15,512,192 -11,591,998	-43%	-$300M	7.45%	4
2016 Q2	$706M	Sell	27,104,190 -446,388	-2%	-$10.5M	9.4%	4
2016 Q1	$648M	Buy	27,550,578 +360,100	+1%	+$8.06M	10.71%	4
2015 Q4	$654M	Sell	27,190,478 -705,626	-3%	-$17.2M	8.72%	4
2015 Q3	$687M	Sell	27,896,104 -1,493,054	-5%	-$39.1M	8.07%	4
2015 Q2	$755M	Buy	29,389,158 +233,489	+0.8%	+$6.03M	8.25%	3
2015 Q1	$744M	Hold	29,155,669	–	–	9%	3
2014 Q4	$697M	Hold	29,155,669	–	–	8.55%	3
2014 Q3	$561M	Sell	29,155,669 -2,871,949	-9%	-$55.5M	6.77%	3
2014 Q2	$599M	Hold	32,027,618	–	–	7.11%	3
2014 Q1	$575M	Hold	32,027,618	–	–	8.07%	3
2013 Q4	$593M	Buy	32,027,618 +27,721,233	+644%	+$449M	12.28%	1
2013 Q3	$65.4M	Buy	+4,306,385	New	+$60.7M	1.22%	26

Other funds holding FNF

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

Principal Financial Group Des Moines, Iowa $204B AUM 27.99% 1-Year Est. Return

EAM

Edge Asset Management Seattle, Washington $13.2B AUM 19.52% 1-Year Est. Return

OAG

Orbis Allan Gray Hamilton, Bermuda $29.1B AUM 60.8% 1-Year Est. Return

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

Eminence Capital New York $4.36B AUM 3.1% 1-Year Est. Return

Corvex Management's FNF Position: Q1 2017 in Review

Corvex Management sold out of Fidelity National Financial (FNF) in Q1 2017, closing a stake of 7,083,203 shares — an estimated $167M sold.

Corvex Management first reported a position in FNF in Q3 2013 and held it in 14 quarters. The position peaked at $755M in Q2 2015. 393 funds tracked by Wall St. Rank hold FNF as of Q1 2017.

Corvex Management reported no remaining Fidelity National Financial position as of Q1 2017 after selling out during the quarter.
Corvex Management sold 7,083,203 Fidelity National Financial shares in Q1 2017, an estimated $167M.
Corvex Management first reported a position in Fidelity National Financial in Q3 2013 and held it in 14 quarters.
Corvex Management's Fidelity National Financial position peaked at $755M in Q2 2015.
393 funds tracked by Wall St. Rank held Fidelity National Financial as of Q1 2017.

Based on Corvex Management's 13F filing for Q1 2017, filed 15 May 2017.