Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Fidelity Natl Finl Inc (FNF)

717 + Investors. Track Smart Money conviction in FNF. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -41
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — FNF

Based on 719 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their FNF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
719 funds currently hold this stock — 92% of the 3.0-year high of 778 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 8% fewer funds vs a year ago

fund count last 6Q
59 fewer hedge funds hold FNF compared to a year ago (-8% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

342 buying368 selling
Last quarter: 368 funds reduced or exited vs 342 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-39 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 76 → 94 → 120 → 81. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

67% of holders stayed for 2+ years

■ 67% conviction (2yr+) ■ 19% medium ■ 14% new
480 out of 719 hedge funds have held FNF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💎

Buying through price weakness — shares +0%, value -16%

Value
-16%
Shares
+0%
Last quarter: funds added +0% more shares while total portfolio value only changed -16%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.
📈

Growing discovery — still being found

134 → 76 → 94 → 120 → 81 new funds/Q
New funds entering each quarter: 76 → 94 → 120 → 81. A growing number of institutions are discovering FNF each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 71% veterans vs 18% newcomers

■ 71% veterans ■ 11% 1-2yr ■ 18% new
Entry-cohort mix of 727 holders: 516 (71%) are 2+ year veterans, 77 entered 1–2 years ago, and 134 (18%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds
59 of 716 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — FNF

In 2026 Q1, 342 hedge funds were net buyers of FNF (81 opened a new position, 261 added to an existing one), while 368 reduced or exited (246 trimmed, 122 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 36% of total institutional value in FNF is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -41 funds (more exits than new entries). Total institutional holders: 719.

Hedge Fund Ownership: FNF

How many hedge funds hold FNF — quarterly history vs. share price
Quarterly hedge fund ownership of FNF vs. share price

Market Analysis: FNF

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: FNF

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Fidelity Natl Finl Inc (FNF) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much FNF has moved relative to its sector benchmark (XLF) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 78d ago
FNF
+2.3%
XLF
+1220.3%

FNF outperformed XLF by -1218.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 33d ago
FNF
-1.0%
XLF
+4.8%

Since the filing became public, FNF outperformed XLF by -5.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Broad Consensus, Selective Conviction

Many quality funds hold this stock, but top-tier positions remain relatively small.

50 top-rated funds 3 high-conviction
Consensus
7.4
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: FNF
717 + Investors

Track Smart Money conviction in FNF. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 717 760 -5.66%
13F Shares 220M 219M 0.2%
Total Value $9.99B $11.90B -16.06%
New Positions 80 120 -40
Increased Positions 259 231 +28
Closed Positions 123 80 +43
Reduced Positions 245 270 -25
Total Calls 3 4 -25.0%
Total Puts 7 3 133.33%
PUT/CALL Ratio 2.33 0.75 Bearish

Statistics: FNF

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
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Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q1)

717 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in FNF. Verified SEC 13F-HR filings.

QUARTER:
Top 25 FNF holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 JCP Investment Management, LLC 11.62% 376,527 $17.5M
2 Windacre Partnership LLC 10.38% 20,902,800 $969.5M
3 Brave Warrior Advisors, LLC 4.02% 3,502,213 $162.4M
4 Bayview Asset Management, LLC 3.39% 190,000 $8.8M
5 Bayview Asset Management, LLC 3.27% 183,100 $8.5M
6 Eastover Investment Advisors LLC 2.59% 130,575 $6.1M
7 Hahn Capital Management LLC 2.57% 88,054 $4.1M
8 Cooke & Bieler LP 2.53% 4,816,598 $223.4M
9 PhiloSmith Capital Corp 1.77% 133,500 $6.2M
10 Crescent Grove Advisors, LLC 1.65% 369,613 $17.1M
11 Verity & Verity, LLC 1.55% 449,469 $20.8M
12 ClearAlpha Technologies LP 1.54% 16,119 $748K
13 Third Avenue Management LLC 1.46% 193,455 $9.0M
14 Hudson Value Partners, LLC 1.43% 103,338 $4.8M
15 Confluence Investment Management LLC 1.41% 1,957,007 $90.8M
16 Oribel Capital Management, LP 1.21% 593,900 $27.5M
17 Board of the Pension Protection Fund 1.16% 27,200 $1.3M
18 Schwartz Investment Counsel Inc 1.01% 615,000 $28.5M
19 Continental Advisors LLC 0.97% 41,041 $1.9M
20 MWA Asset Management 0.92% 34,414 $1.7M
21 Virtus Family Office LLC 0.79% 20,005 $928K
22 Vigilare Wealth Management 0.79% 50,440 $2.3M
23 Legal Advantage Investments, Inc. 0.78% 32,730 $1.5M
24 Basswood Capital Management, L.L.C. 0.73% 334,183 $15.5M
25 Ameriflex Group, INC. 0.67% 28,669 $1.3M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Fidelity Natl Finl Inc (FNF)

What does the Smart Money Trend signal show for FNF?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their FNF positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for FNF?

More sellers than buyers — 48% buying: Last quarter: 368 funds reduced or exited vs 342 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for FNF holders?

Strong quality — 36% AUM from major funds: 59 of 716 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held FNF?

67% of holders stayed for 2+ years: 480 out of 719 hedge funds have held FNF for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Fidelity Natl Finl Inc (FNF) following the 2026 Q1 hedge fund 13F filings?

As of today, FNF has moved -1.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to +4.8% for the XLF sector ETF — an outperformance of -5.8%. Since the quarter end (March 31, 2026), FNF has gained +2.3% vs +1220.3% for XLF. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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