Fidelity National Financial
392 hedge funds and large institutions have $8B invested in Fidelity National Financial in 2016 Q4 according to their latest regulatory filings, with 70 funds opening new positions, 128 increasing their positions, 121 reducing their positions, and 42 closing their positions.
125% more call options, than puts
Call options by funds: $4.66M | Put options by funds: $2.07M
67% more first-time investments, than exits
New positions opened: 70 | Existing positions closed: 42
6% more funds holding
Funds holding: 371 → 392 (+21)
6% more repeat investments, than reductions
Existing positions increased: 128 | Existing positions reduced: 121
0.09% less ownership
Funds ownership: 124.94% → 124.85% (-0.09%)
8% less capital invested
Capital invested by funds: $8.69B → $8B (-$688M)
42% less funds holding in top 10
Funds holding in top 10: 19 → 11 (-8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EC
Eminence Capital
New York
|
+$136M |
| 2 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
+$71.4M |
| 3 |
EAM
Edge Asset Management
Seattle,
Washington
|
+$62.8M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$62M |
| 5 |
Renaissance Technologies
New York
|
+$49.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$202M |
| 2 |
Bank of New York Mellon
New York
|
-$171M |
| 3 |
EIP
Epoch Investment Partners
New York
|
-$125M |
| 4 |
SC
Sculptor Capital
New York
|
-$85.6M |
| 5 |
Fidelity International
Hamilton,
Bermuda
|
-$41.4M |
FNF Hedge Fund Activity: Q4 2016 in Review
392 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q4 2016, worth a combined $8B — down 7.9% from $8.69B a quarter earlier.
Buyers outnumbered sellers: 70 funds opened new FNF positions and 42 closed out — a net gain of 28 holders — while 128 added to existing stakes and 121 trimmed.
The largest buyer was Eminence Capital, opening a new position worth an estimated $136M. The largest seller was Corvex Management, cutting an estimated $202M.
- 392 institutional investors held Fidelity National Financial (FNF) as of Q4 2016, up from 371 in Q3 2016.
- Funds reported $8B of Fidelity National Financial stock for Q4 2016, down 7.9% quarter-over-quarter.
- 70 funds opened new Fidelity National Financial positions in Q4 2016 and 42 closed out, a net change of +28 holders.
- The largest Fidelity National Financial buyer in Q4 2016 was Eminence Capital, an estimated $136M added.
- The largest Fidelity National Financial seller in Q4 2016 was Corvex Management, an estimated $202M sold.
Based on aggregated 13F filings for Q4 2016.