Fidelity National Financial
FNF
584 hedge funds and large institutions have $7.5B invested in Fidelity National Financial in 2023 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 198 increasing their positions, 221 reducing their positions, and 74 closing their positions.
217% more call options, than puts
Call options by funds: $33.7M | Put options by funds: $10.6M
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
22% more capital inflows, than outflows
Capital inflows: $1.06B | Capital outflows: $871M
1.61% more ownership
Funds ownership: 77.31% → 78.92% (+1.6%)
8% less first-time investments, than exits
New positions opened: 68 | Existing positions closed: 74
3% less funds holding
Funds holding: 601 → 584 (-17)
10% less repeat investments, than reductions
Existing positions increased: 198 | Existing positions reduced: 221
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$165M |
| 2 |
First Eagle Investment Management
New York
|
+$106M |
| 3 |
Morgan Stanley
New York
|
+$88.8M |
| 4 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$73.5M |
| 5 |
Cooke & Bieler
Philadelphia,
Pennsylvania
|
+$62.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
-$161M |
| 2 |
Norges Bank
Oslo,
Norway
|
-$88.1M |
| 3 |
Los Angeles Capital Management
Los Angeles,
California
|
-$46.8M |
| 4 |
TPG GP A
Fort Worth,
Texas
|
-$40.6M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$36.1M |
FNF Hedge Fund Activity: Q1 2023 in Review
584 of the 6,289 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q1 2023, worth a combined $7.5B — down 5.2% from $7.92B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of FNF and 68 opened new positions — a net loss of 6 holders — while 221 trimmed existing stakes and 198 added.
The largest buyer was BlackRock, adding an estimated $165M. The largest seller was First Trust Advisors, cutting an estimated $161M.
- 584 institutional investors held Fidelity National Financial (FNF) as of Q1 2023, down from 601 in Q4 2022.
- Funds reported $7.5B of Fidelity National Financial stock for Q1 2023, down 5.2% quarter-over-quarter.
- 68 funds opened new Fidelity National Financial positions in Q1 2023 and 74 closed out, a net change of -6 holders.
- The largest Fidelity National Financial buyer in Q1 2023 was BlackRock, an estimated $165M added.
- The largest Fidelity National Financial seller in Q1 2023 was First Trust Advisors, an estimated $161M sold.
Based on aggregated 13F filings for Q1 2023.