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Fidelity National Financial

335 hedge funds and large institutions have $6.76B invested in Fidelity National Financial in 2014 Q2 according to their latest regulatory filings, with 55 funds opening new positions, 90 increasing their positions, 131 reducing their positions, and 96 closing their positions.

New
Increased
Maintained
Reduced
Closed

78% more funds holding in top 10

Funds holding in top 10: 916 (+7)

2% less call options, than puts

Call options by funds: $28.8M | Put options by funds: $29.3M

6% less capital invested

Capital invested by funds: $7.23B → $6.76B (-$466M)

12% less funds holding

Funds holding: 379335 (-44)

14.88% less ownership

Funds ownership: 145.98%131.1% (-15%)

31% less repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 131

43% less first-time investments, than exits

New positions opened: 55 | Existing positions closed: 96

Holders
335
Holders Change
-44
Holders Change %
-11.61%
% of All Funds
9.63%
Holding in Top 10
16
Holding in Top 10 Change
+7
Holding in Top 10 Change %
+77.78%
% of All Funds
0.46%
New
55
Increased
90
Reduced
131
Closed
96
Calls
$28.8M
Puts
$29.3M
Net Calls
-$464K
Net Calls Change
-$1.31M
Name Holding Trade Value Shares
Change
Change in
Stake
T. Rowe Price Associates
1
T. Rowe Price Associates
Maryland
$722M -$2.81M -150,099 -0.4%
CM
2
Corvex Management
New York
$599M
Vanguard Group
3
Vanguard Group
Pennsylvania
$403M -$79.6M -4,255,815 -16%
O
4
OppenheimerFunds
New York
$275M +$26M +1,391,938 +10%
OH
5
Orbis Holdings
Bermuda
$271M -$24.3M -1,299,985 -8%
Fidelity Investments
6
Fidelity Investments
Massachusetts
$242M +$28.4M +1,516,063 +13%
HCM
7
Highfields Capital Management
Massachusetts
$236M
BIT
8
BlackRock Institutional Trust
California
$227M -$25.3M -1,354,257 -10%
GCM
9
Glenview Capital Management
New York
$201M +$69.2M +3,696,789 +52%
State Street
10
State Street
Massachusetts
$155M -$135M -7,210,010 -47%
Principal Financial Group
11
Principal Financial Group
Iowa
$130M -$15.9M -851,519 -11%
EAM
12
Edge Asset Management
Washington
$127M +$16.7M +890,915 +15%
Norges Bank
13
Norges Bank
Norway
$124M +$58.5M +3,124,727 +89%
Invesco
14
Invesco
Georgia
$104M +$26.1M +1,395,119 +33%
Goldman Sachs
15
Goldman Sachs
New York
$103M +$70.6M +3,776,053 +221%
Ameriprise
16
Ameriprise
Minnesota
$103M -$83.3M -4,451,937 -45%
Point72 Asset Management
17
Point72 Asset Management
Connecticut
$93.5M +$93.6M +5,000,433 New
RIM
18
RS Investment Management
California
$87.7M +$37.8M +2,018,595 +76%
BA
19
BlackRock Advisors
Delaware
$80.9M -$4.18M -223,495 -5%
FPP
20
Findlay Park Partners
United Kingdom
$80M
BFA
21
BlackRock Fund Advisors
California
$74M -$159M -8,521,458 -68%
Deutsche Bank
22
Deutsche Bank
Germany
$73.7M -$54.6M -2,920,160 -43%
AR
23
Advisory Research
Illinois
$70.4M +$60M +3,205,938 +575%
Northern Trust
24
Northern Trust
Illinois
$67.4M -$17.3M -924,750 -20%
TCIM
25
TIAA CREF Investment Management
New York
$65.5M -$7.01M -374,883 -10%

FNF Hedge Fund Activity: Q2 2014 in Review

335 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q2 2014, worth a combined $6.76B — down 6.4% from $7.23B a quarter earlier.

Sellers outnumbered buyers: 96 funds closed out of FNF and 55 opened new positions — a net loss of 41 holders — while 131 trimmed existing stakes and 90 added.

The largest buyer was Goldman Sachs, adding an estimated $70.6M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $240M sold.

  • 335 institutional investors held Fidelity National Financial (FNF) as of Q2 2014, down from 379 in Q1 2014.
  • Funds reported $6.76B of Fidelity National Financial stock for Q2 2014, down 6.4% quarter-over-quarter.
  • 55 funds opened new Fidelity National Financial positions in Q2 2014 and 96 closed out, a net change of -41 holders.
  • The largest Fidelity National Financial buyer in Q2 2014 was Goldman Sachs, an estimated $70.6M added.
  • The largest Fidelity National Financial seller in Q2 2014 was Bank of New York Mellon, an estimated $240M sold.

Based on aggregated 13F filings for Q2 2014.