Fidelity National Financial
730 hedge funds and large institutions have $12.3B invested in Fidelity National Financial in 2025 Q2 according to their latest regulatory filings, with 67 funds opening new positions, 270 increasing their positions, 261 reducing their positions, and 126 closing their positions.
7% more capital inflows, than outflows
Capital inflows: $973M | Capital outflows: $908M
3% more repeat investments, than reductions
Existing positions increased: 270 | Existing positions reduced: 261
0.61% more ownership
Funds ownership: 79.49% → 80.09% (+0.61%)
9% less funds holding
Funds holding: 800 → 730 (-70)
36% less call options, than puts
Call options by funds: $16.7M | Put options by funds: $26.2M
47% less first-time investments, than exits
New positions opened: 67 | Existing positions closed: 126
63% less funds holding in top 10
Funds holding in top 10: 8 → 3 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Trust Advisors
Wheaton,
Illinois
|
+$142M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$81.6M |
| 3 |
AllianceBernstein
Nashville,
Tennessee
|
+$81.4M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$52.1M |
| 5 |
Victory Capital Management
San Antonio,
Texas
|
+$40.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$194M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$78.4M |
| 3 |
Davenport & Co
Richmond,
Virginia
|
-$42M |
| 4 |
Cooke & Bieler
Philadelphia,
Pennsylvania
|
-$38M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$28.4M |
FNF Hedge Fund Activity: Q2 2025 in Review
730 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q2 2025, worth a combined $12.3B — down 13% from $14.2B a quarter earlier.
Sellers outnumbered buyers: 126 funds closed out of FNF and 67 opened new positions — a net loss of 59 holders — while 261 trimmed existing stakes and 270 added.
The largest buyer was First Trust Advisors, adding an estimated $142M. The largest seller was Millennium Management, cutting an estimated $194M.
- 730 institutional investors held Fidelity National Financial (FNF) as of Q2 2025, down from 800 in Q1 2025.
- Funds reported $12.3B of Fidelity National Financial stock for Q2 2025, down 13% quarter-over-quarter.
- 67 funds opened new Fidelity National Financial positions in Q2 2025 and 126 closed out, a net change of -59 holders.
- The largest Fidelity National Financial buyer in Q2 2025 was First Trust Advisors, an estimated $142M added.
- The largest Fidelity National Financial seller in Q2 2025 was Millennium Management, an estimated $194M sold.
Based on aggregated 13F filings for Q2 2025.