Fidelity National Financial
385 hedge funds and large institutions have $10.2B invested in Fidelity National Financial in 2017 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 120 increasing their positions, 132 reducing their positions, and 47 closing their positions.
170% more call options, than puts
Call options by funds: $4.05M | Put options by funds: $1.5M
13% more capital invested
Capital invested by funds: $9.06B → $10.2B (+$1.16B)
7% more funds holding in top 10
Funds holding in top 10: 14 → 15 (+1)
4% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 47
9% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 132
2% less funds holding
Funds holding: 393 → 385 (-8)
2.84% less ownership
Funds ownership: 123.24% → 120.4% (-2.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Principal Financial Group
Des Moines,
Iowa
|
+$290M |
| 2 |
Victory Capital Management
San Antonio,
Texas
|
+$169M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$54.1M |
| 4 |
D.E. Shaw & Co
New York
|
+$32.1M |
| 5 |
PC
PointState Capital
New York
|
+$31.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
APG Asset Management
Amsterdam,
Netherlands
|
-$96M |
| 2 |
MDSL
M.D. Sass LLC
New York
|
-$55.7M |
| 3 |
EC
Eminence Capital
New York
|
-$52.3M |
| 4 |
TSW
Thompson Siegel & Walmsley
Richmond,
Virginia
|
-$49.5M |
| 5 |
BTP
Bloom Tree Partners
New York
|
-$40.2M |
FNF Hedge Fund Activity: Q2 2017 in Review
385 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q2 2017, worth a combined $10.2B — up 13% from $9.06B a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of FNF and 45 opened new positions — a net loss of 2 holders — while 132 trimmed existing stakes and 120 added.
The largest buyer was Principal Financial Group, adding an estimated $290M. The largest seller was APG Asset Management, exiting entirely with an estimated $96M sold.
- 385 institutional investors held Fidelity National Financial (FNF) as of Q2 2017, down from 393 in Q1 2017.
- Funds reported $10.2B of Fidelity National Financial stock for Q2 2017, up 13% quarter-over-quarter.
- 45 funds opened new Fidelity National Financial positions in Q2 2017 and 47 closed out, a net change of -2 holders.
- The largest Fidelity National Financial buyer in Q2 2017 was Principal Financial Group, an estimated $290M added.
- The largest Fidelity National Financial seller in Q2 2017 was APG Asset Management, an estimated $96M sold.
Based on aggregated 13F filings for Q2 2017.