Fidelity National Financial
393 hedge funds and large institutions have $9.05B invested in Fidelity National Financial in 2017 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 127 increasing their positions, 124 reducing their positions, and 43 closing their positions.
83% more call options, than puts
Call options by funds: $4.3M | Put options by funds: $2.35M
27% more funds holding in top 10
Funds holding in top 10: 11 → 14 (+3)
23% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 43
13% more capital invested
Capital invested by funds: $8B → $9.05B (+$1.05B)
2% more repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 124
0% more funds holding
Funds holding: 392 → 393 (+1)
1.61% less ownership
Funds ownership: 124.85% → 123.24% (-1.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$526M |
| 2 |
SCM
Scopia Capital Management
New York
|
+$118M |
| 3 |
Wellington Management Group
Boston,
Massachusetts
|
+$81.7M |
| 4 |
EC
Eminence Capital
New York
|
+$62.1M |
| 5 |
MDSL
M.D. Sass LLC
New York
|
+$42.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$167M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$142M |
| 3 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$54.5M |
| 4 |
Renaissance Technologies
New York
|
-$53.3M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$38.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZB
426
Zions Bancorporation
Salt Lake City,
Utah
| – | -$5K | -210 | Closed |
|
427
EARNEST Partners
Atlanta,
Georgia
| – | -$5K | -192 | Closed |
|
428
Acadian Asset Management
Boston,
Massachusetts
| – | -$2K | -98 | Closed |
|
|
GWM
429
Geneos Wealth Management
Englewood,
Colorado
| – | -$2K | -98 | Closed |
|
|
CIA
430
Cascade Investment Advisors
Oregon City,
Oregon
| – | -$1.94K | -82 | Closed |
|
|
WTB
431
Washington Trust Bank
Spokane,
Washington
| – | -$1K | -40 | Closed |
|
|
NFG
432
Next Financial Group
Houston,
Texas
| – | -$1K | -30 | Closed |
|
|
BTIS
433
BB&T Investment Services
Charlotte,
North Carolina
| – | +$76 | +3 | New |
|
FNF Hedge Fund Activity: Q1 2017 in Review
393 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q1 2017, worth a combined $9.05B — up 13% from $8B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new FNF positions and 43 closed out — a net gain of 10 holders — while 127 added to existing stakes and 124 trimmed.
The largest buyer was BlackRock, adding an estimated $526M. The largest seller was Corvex Management, exiting entirely with an estimated $167M sold.
- 393 institutional investors held Fidelity National Financial (FNF) as of Q1 2017, up from 392 in Q4 2016.
- Funds reported $9.05B of Fidelity National Financial stock for Q1 2017, up 13% quarter-over-quarter.
- 53 funds opened new Fidelity National Financial positions in Q1 2017 and 43 closed out, a net change of +10 holders.
- The largest Fidelity National Financial buyer in Q1 2017 was BlackRock, an estimated $526M added.
- The largest Fidelity National Financial seller in Q1 2017 was Corvex Management, an estimated $167M sold.
Based on aggregated 13F filings for Q1 2017.