Fidelity National Financial
777 hedge funds and large institutions have $12B invested in Fidelity National Financial in 2025 Q4 according to their latest regulatory filings, with 118 funds opening new positions, 236 increasing their positions, 277 reducing their positions, and 68 closing their positions.
502% more call options, than puts
Call options by funds: $6.41M | Put options by funds: $1.06M
74% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 68
6% more funds holding
Funds holding: 734 → 777 (+43)
0.94% more ownership
Funds ownership: 79.97% → 80.91% (+0.94%)
9% less capital invested
Capital invested by funds: $13.1B → $12B (-$1.19B)
15% less repeat investments, than reductions
Existing positions increased: 236 | Existing positions reduced: 277
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AQR Capital Management
Greenwich,
Connecticut
|
+$99.2M |
| 2 |
WPL
WINDACRE PARTNERSHIP LLC
Houston,
Texas
|
+$45.5M |
| 3 |
SP
SWS Partners
Columbus,
Ohio
|
+$24.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$23.3M |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$16.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
-$164M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$28.6M |
| 3 |
BlackRock
New York
|
-$25M |
| 4 |
Legal & General Group
London,
United Kingdom
|
-$24.4M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
-$20.5M |
FNF Hedge Fund Activity: Q4 2025 in Review
777 of the 8,266 institutional investors tracked by Wall St. Rank reported a position in Fidelity National Financial (FNF) for Q4 2025, worth a combined $12B — down 9.1% from $13.1B a quarter earlier.
Buyers outnumbered sellers: 118 funds opened new FNF positions and 68 closed out — a net gain of 50 holders — while 236 added to existing stakes and 277 trimmed.
The largest buyer was AQR Capital Management, adding an estimated $99.2M. The largest seller was Victory Capital Management, cutting an estimated $164M.
- 777 institutional investors held Fidelity National Financial (FNF) as of Q4 2025, up from 734 in Q3 2025.
- Funds reported $12B of Fidelity National Financial stock for Q4 2025, down 9.1% quarter-over-quarter.
- 118 funds opened new Fidelity National Financial positions in Q4 2025 and 68 closed out, a net change of +50 holders.
- The largest Fidelity National Financial buyer in Q4 2025 was AQR Capital Management, an estimated $99.2M added.
- The largest Fidelity National Financial seller in Q4 2025 was Victory Capital Management, an estimated $164M sold.
Based on aggregated 13F filings for Q4 2025.