Fidelity National Financial
410 hedge funds and large institutions have $10.7B invested in Fidelity National Financial in 2017 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 120 increasing their positions, 129 reducing their positions, and 29 closing their positions.
107% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 29
17% more call options, than puts
Call options by funds: $1.58M | Put options by funds: $1.36M
6% more funds holding
Funds holding: 385 → 410 (+25)
4% more capital invested
Capital invested by funds: $10.2B → $10.7B (+$442M)
0.6% less ownership
Funds ownership: 120.4% → 119.8% (-0.6%)
7% less repeat investments, than reductions
Existing positions increased: 120 | Existing positions reduced: 129
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$106M |
| 2 |
PC
PointState Capital
New York
|
+$52.4M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
+$46.7M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$41.8M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$27.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$66.1M |
| 2 |
SCM
Scopia Capital Management
New York
|
-$59.6M |
| 3 |
RCM
Roystone Capital Management
New York
|
-$57.7M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$50.1M |
| 5 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$48.4M |
FNF Hedge Fund Activity: Q3 2017 in Review
410 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q3 2017, worth a combined $10.7B — up 4.3% from $10.2B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new FNF positions and 29 closed out — a net gain of 31 holders — while 120 added to existing stakes and 129 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $106M. The largest seller was T. Rowe Price Associates, cutting an estimated $66.1M.
- 410 institutional investors held Fidelity National Financial (FNF) as of Q3 2017, up from 385 in Q2 2017.
- Funds reported $10.7B of Fidelity National Financial stock for Q3 2017, up 4.3% quarter-over-quarter.
- 60 funds opened new Fidelity National Financial positions in Q3 2017 and 29 closed out, a net change of +31 holders.
- The largest Fidelity National Financial buyer in Q3 2017 was AllianceBernstein, an estimated $106M added.
- The largest Fidelity National Financial seller in Q3 2017 was T. Rowe Price Associates, an estimated $66.1M sold.
Based on aggregated 13F filings for Q3 2017.