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Fidelity National Financial

649 hedge funds and large institutions have $11.7B invested in Fidelity National Financial in 2023 Q4 according to their latest regulatory filings, with 115 funds opening new positions, 206 increasing their positions, 223 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,303% more call options, than puts

Call options by funds: $53.9M | Put options by funds: $3.84M

105% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 56

26% more capital invested

Capital invested by funds: $9.27B → $11.7B (+$2.43B)

25% more funds holding in top 10

Funds holding in top 10: 810 (+2)

9% more funds holding

Funds holding: 595649 (+54)

1.92% more ownership

Funds ownership: 82.36%84.28% (+1.9%)

8% less repeat investments, than reductions

Existing positions increased: 206 | Existing positions reduced: 223

Holders
649
Holders Change
+54
Holders Change %
+9.08%
% of All Funds
9.46%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.15%
New
115
Increased
206
Reduced
223
Closed
56
Calls
$53.9M
Puts
$3.84M
Net Calls
+$50M
Net Calls Change
+$27M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$1.94B -$73M -1,676,084 -4%
Vanguard Group
2
Vanguard Group
Pennsylvania
$1.33B -$36M -826,650 -3%
WPL
3
WINDACRE PARTNERSHIP LLC
Texas
$756M -$37.4M -860,000 -5%
Morgan Stanley
4
Morgan Stanley
New York
$500M +$241M +5,530,559 +129%
State Street
5
State Street
Massachusetts
$488M +$21.1M +485,779 +5%
BWA
6
Brave Warrior Advisors
New York
$482M -$2M -45,848 -0.5%
CB
7
Cooke & Bieler
Pennsylvania
$319M -$8.91M -204,705 -3%
Principal Financial Group
8
Principal Financial Group
Iowa
$315M -$22.5M -516,815 -8%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$312M +$7.47M +171,521 +3%
Charles Schwab
10
Charles Schwab
California
$297M -$9.08M -208,618 -3%
Victory Capital Management
11
Victory Capital Management
Texas
$217M +$123M +2,818,001 +195%
Geode Capital Management
12
Geode Capital Management
Massachusetts
$209M +$6.21M +142,601 +4%
Dimensional Fund Advisors
13
Dimensional Fund Advisors
Texas
$197M -$418K -9,597 -0.2%
N
14
Nuveen
North Carolina
$181M +$49.2M +1,129,455 +47%
Bank of New York Mellon
15
Bank of New York Mellon
New York
$174M +$15.2M +349,877 +11%
DC
16
Davenport & Co
Virginia
$149M -$18.6M -427,801 -13%
CIM
17
Confluence Investment Management
Missouri
$134M -$3.01M -69,110 -3%
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$120M +$64.9M +1,492,140 +172%
Bank of America
19
Bank of America
North Carolina
$120M -$478K -10,991 -0.5%
Northern Trust
20
Northern Trust
Illinois
$118M -$2.43M -55,743 -2%
Pictet Asset Management
21
Pictet Asset Management
Switzerland
$112M -$9.62M -221,110 -9%
Goldman Sachs
22
Goldman Sachs
New York
$106M -$35.4M -813,908 -28%
Legal & General Group
23
Legal & General Group
United Kingdom
$94.1M -$3.77M -86,571 -4%
Invesco
24
Invesco
Georgia
$88M +$18.9M +434,399 +34%
A
25
AustralianSuper
Australia
$80.2M +$8.4M +193,050 +14%

FNF Hedge Fund Activity: Q4 2023 in Review

649 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q4 2023, worth a combined $11.7B — up 26% from $9.27B a quarter earlier.

Buyers outnumbered sellers: 115 funds opened new FNF positions and 56 closed out — a net gain of 59 holders — while 206 added to existing stakes and 223 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $241M. The largest seller was BlackRock, cutting an estimated $73M.

  • 649 institutional investors held Fidelity National Financial (FNF) as of Q4 2023, up from 595 in Q3 2023.
  • Funds reported $11.7B of Fidelity National Financial stock for Q4 2023, up 26% quarter-over-quarter.
  • 115 funds opened new Fidelity National Financial positions in Q4 2023 and 56 closed out, a net change of +59 holders.
  • The largest Fidelity National Financial buyer in Q4 2023 was Morgan Stanley, an estimated $241M added.
  • The largest Fidelity National Financial seller in Q4 2023 was BlackRock, an estimated $73M sold.

Based on aggregated 13F filings for Q4 2023.