Fidelity National Financial
372 hedge funds and large institutions have $8.72B invested in Fidelity National Financial in 2016 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 122 increasing their positions, 123 reducing their positions, and 35 closing their positions.
29% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 35
19% more funds holding in top 10
Funds holding in top 10: 16 → 19 (+3)
15% more call options, than puts
Call options by funds: $2.21M | Put options by funds: $1.91M
2% more funds holding
Funds holding: 365 → 372 (+7)
0.79% more ownership
Funds ownership: 124.15% → 124.94% (+0.79%)
1% less repeat investments, than reductions
Existing positions increased: 122 | Existing positions reduced: 123
1% less capital invested
Capital invested by funds: $8.85B → $8.72B (-$132M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$145M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$131M |
| 3 |
Ninety One (UK)
London,
United Kingdom
|
+$64.8M |
| 4 |
AllianceBernstein
Nashville,
Tennessee
|
+$43.4M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$36.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Corvex Management
New York
|
-$300M |
| 2 |
Harris Associates
Chicago,
Illinois
|
-$88.9M |
| 3 |
SC
Sculptor Capital
New York
|
-$47.5M |
| 4 |
O
OppenheimerFunds
New York
|
-$30.5M |
| 5 |
KCM
Kingdon Capital Management
New York
|
-$20.6M |
FNF Hedge Fund Activity: Q3 2016 in Review
372 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q3 2016, worth a combined $8.72B — down 1.5% from $8.85B a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new FNF positions and 35 closed out — a net gain of 10 holders — while 122 added to existing stakes and 123 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $145M. The largest seller was Corvex Management, cutting an estimated $300M.
- 372 institutional investors held Fidelity National Financial (FNF) as of Q3 2016, up from 365 in Q2 2016.
- Funds reported $8.72B of Fidelity National Financial stock for Q3 2016, down 1.5% quarter-over-quarter.
- 45 funds opened new Fidelity National Financial positions in Q3 2016 and 35 closed out, a net change of +10 holders.
- The largest Fidelity National Financial buyer in Q3 2016 was Fidelity Investments, an estimated $145M added.
- The largest Fidelity National Financial seller in Q3 2016 was Corvex Management, an estimated $300M sold.
Based on aggregated 13F filings for Q3 2016.