Fidelity National Financial
FNF
500 hedge funds and large institutions have $5.65B invested in Fidelity National Financial in 2020 Q1 according to their latest regulatory filings, with 70 funds opening new positions, 198 increasing their positions, 155 reducing their positions, and 103 closing their positions.
28% more repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 155
6% less call options, than puts
Call options by funds: $3.3M | Put options by funds: $3.52M
2.27% less ownership
Funds ownership: 86.91% → 84.64% (-2.3%)
7% less funds holding
Funds holding: 537 → 500 (-37)
32% less first-time investments, than exits
New positions opened: 70 | Existing positions closed: 103
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
46% less capital invested
Capital invested by funds: $10.4B → $5.65B (-$4.74B)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
D.E. Shaw & Co
New York
|
+$72.3M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$70.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$48.2M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
+$48.1M |
| 5 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
+$47.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$352M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$303M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$103M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$85.7M |
| 5 |
Ninety One (UK)
London,
United Kingdom
|
-$72.2M |
FNF Hedge Fund Activity: Q1 2020 in Review
500 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q1 2020, worth a combined $5.65B — down 46% from $10.4B a quarter earlier.
Sellers outnumbered buyers: 103 funds closed out of FNF and 70 opened new positions — a net loss of 33 holders — while 155 trimmed existing stakes and 198 added.
The largest buyer was D.E. Shaw & Co, adding an estimated $72.3M. The largest seller was T. Rowe Price Associates, cutting an estimated $352M.
- 500 institutional investors held Fidelity National Financial (FNF) as of Q1 2020, down from 537 in Q4 2019.
- Funds reported $5.65B of Fidelity National Financial stock for Q1 2020, down 46% quarter-over-quarter.
- 70 funds opened new Fidelity National Financial positions in Q1 2020 and 103 closed out, a net change of -33 holders.
- The largest Fidelity National Financial buyer in Q1 2020 was D.E. Shaw & Co, an estimated $72.3M added.
- The largest Fidelity National Financial seller in Q1 2020 was T. Rowe Price Associates, an estimated $352M sold.
Based on aggregated 13F filings for Q1 2020.