Fidelity National Financial
298 hedge funds and large institutions have $6.25B invested in Fidelity National Financial in 2014 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 43 increasing their positions, 200 reducing their positions, and 87 closing their positions.
82% more call options, than puts
Call options by funds: $15.5M | Put options by funds: $8.52M
8% less capital invested
Capital invested by funds: $6.76B → $6.25B (-$511M)
11% less funds holding
Funds holding: 335 → 298 (-37)
14.11% less ownership
Funds ownership: 131.1% → 116.99% (-14%)
37% less first-time investments, than exits
New positions opened: 55 | Existing positions closed: 87
38% less funds holding in top 10
Funds holding in top 10: 16 → 10 (-6)
79% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 200
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Harris Associates
Chicago,
Illinois
|
+$445M |
| 2 |
Bank of New York Mellon
New York
|
+$256M |
| 3 |
LPC
Long Pond Capital
New York
|
+$92.3M |
| 4 |
CB
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$75.7M |
| 5 |
GCM
Glenview Capital Management
New York
|
+$55.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OH
Orbis Holdings
Hamilton,
Bermuda
|
-$174M |
| 2 |
HCM
Highfields Capital Management
Boston,
Massachusetts
|
-$153M |
| 3 |
Principal Financial Group
Des Moines,
Iowa
|
-$130M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$114M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$86.2M |
FNF Hedge Fund Activity: Q3 2014 in Review
298 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q3 2014, worth a combined $6.25B — down 7.6% from $6.76B a quarter earlier.
Sellers outnumbered buyers: 87 funds closed out of FNF and 55 opened new positions — a net loss of 32 holders — while 200 trimmed existing stakes and 43 added.
The largest buyer was Harris Associates, adding an estimated $445M. The largest seller was Orbis Holdings, cutting an estimated $174M.
- 298 institutional investors held Fidelity National Financial (FNF) as of Q3 2014, down from 335 in Q2 2014.
- Funds reported $6.25B of Fidelity National Financial stock for Q3 2014, down 7.6% quarter-over-quarter.
- 55 funds opened new Fidelity National Financial positions in Q3 2014 and 87 closed out, a net change of -32 holders.
- The largest Fidelity National Financial buyer in Q3 2014 was Harris Associates, an estimated $445M added.
- The largest Fidelity National Financial seller in Q3 2014 was Orbis Holdings, an estimated $174M sold.
Based on aggregated 13F filings for Q3 2014.