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Fidelity National Financial

426 hedge funds and large institutions have $8.96B invested in Fidelity National Financial in 2017 Q4 according to their latest regulatory filings, with 72 funds opening new positions, 62 increasing their positions, 292 reducing their positions, and 54 closing their positions.

New
Increased
Maintained
Reduced
Closed

305% more call options, than puts

Call options by funds: $4.32M | Put options by funds: $1.07M

33% more first-time investments, than exits

New positions opened: 72 | Existing positions closed: 54

4% more funds holding

Funds holding: 410426 (+16)

16% less capital invested

Capital invested by funds: $10.7B → $8.96B (-$1.7B)

33.04% less ownership

Funds ownership: 119.8%86.76% (-33%)

78% less funds holding in top 10

Funds holding in top 10: 92 (-7)

79% less repeat investments, than reductions

Existing positions increased: 62 | Existing positions reduced: 292

Holders
426
Holders Change
+16
Holders Change %
+3.9%
% of All Funds
9.66%
Holding in Top 10
2
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-77.78%
% of All Funds
0.05%
New
72
Increased
62
Reduced
292
Closed
54
Calls
$4.32M
Puts
$1.07M
Net Calls
+$3.26M
Net Calls Change
+$3.03M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$937M -$283M -7,756,851 -24%
T. Rowe Price Associates
2
T. Rowe Price Associates
Maryland
$891M -$327M -8,970,988 -28%
Principal Financial Group
3
Principal Financial Group
Iowa
$649M -$293M -8,027,816 -32%
BlackRock
4
BlackRock
New York
$597M -$164M -4,507,175 -22%
Fidelity Investments
5
Fidelity Investments
Massachusetts
$454M -$265M -7,269,451 -38%
Harris Associates
6
Harris Associates
Illinois
$421M -$292M -8,000,880 -42%
AllianceBernstein
7
AllianceBernstein
Tennessee
$334M -$109M -2,978,486 -25%
State Street
8
State Street
Massachusetts
$242M -$62.7M -1,719,491 -21%
Victory Capital Management
9
Victory Capital Management
Texas
$241M -$13.5M -369,745 -5%
Wells Fargo
10
Wells Fargo
California
$192M -$38.1M -1,044,400 -17%
AQR Capital Management
11
AQR Capital Management
Connecticut
$185M +$110M +3,006,497 +159%
Barrow, Hanley, Mewhinney & Strauss
12
Barrow, Hanley, Mewhinney & Strauss
Texas
$177M -$115M -3,150,317 -40%
Norges Bank
13
Norges Bank
Norway
$173M -$44.6M -1,222,987 -21%
O
14
OppenheimerFunds
New York
$166M -$63.2M -1,733,253 -28%
Wellington Management Group
15
Wellington Management Group
Massachusetts
$149M -$35.6M -976,201 -20%
WCM
16
Wedge Capital Management
North Carolina
$131M -$21.8M -597,240 -15%
DC
17
Davenport & Co
Virginia
$119M -$45.5M -1,247,277 -28%
Geode Capital Management
18
Geode Capital Management
Massachusetts
$119M -$6.88M -188,734 -6%
Lord, Abbett & Co
19
Lord, Abbett & Co
New Jersey
$108M +$90.6M +2,483,088 +641%
Goldman Sachs
20
Goldman Sachs
New York
$96.4M +$40.5M +1,111,348 +77%
CB
21
Cooke & Bieler
Pennsylvania
$94.7M -$37.7M -1,034,495 -29%
CIM
22
Confluence Investment Management
Missouri
$87.7M -$32.3M -886,917 -28%
D.E. Shaw & Co
23
D.E. Shaw & Co
New York
$86.5M -$17.2M -472,950 -17%
Northern Trust
24
Northern Trust
Illinois
$79.2M -$17.6M -482,880 -19%
Renaissance Technologies
25
Renaissance Technologies
New York
$74.7M +$13.2M +360,582 +22%

FNF Hedge Fund Activity: Q4 2017 in Review

426 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q4 2017, worth a combined $8.96B — down 16% from $10.7B a quarter earlier.

Buyers outnumbered sellers: 72 funds opened new FNF positions and 54 closed out — a net gain of 18 holders — while 62 added to existing stakes and 292 trimmed.

The largest buyer was AQR Capital Management, adding an estimated $110M. The largest seller was T. Rowe Price Associates, cutting an estimated $327M.

  • 426 institutional investors held Fidelity National Financial (FNF) as of Q4 2017, up from 410 in Q3 2017.
  • Funds reported $8.96B of Fidelity National Financial stock for Q4 2017, down 16% quarter-over-quarter.
  • 72 funds opened new Fidelity National Financial positions in Q4 2017 and 54 closed out, a net change of +18 holders.
  • The largest Fidelity National Financial buyer in Q4 2017 was AQR Capital Management, an estimated $110M added.
  • The largest Fidelity National Financial seller in Q4 2017 was T. Rowe Price Associates, an estimated $327M sold.

Based on aggregated 13F filings for Q4 2017.