Fidelity National Financial, Inc.

CIK

1331875

Location

Jacksonville, FL

Portfolio Value

Mid $2,962,391,657

Diversification

Highly concentrated

Filing Date

Global Rank

#933 / 8,603 ▼ 148 · as of Mar 2026

Top Industry

Insurance - Life 80.9%

3Y Alpha vs SPY

-38.4%

Period ended 3 months ago

Filed May 8, 2026 · 2mo

25 quarters · since Mar 2020

Clone Performance

Jul 2023–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

-43.9%

SPY

+76.5%

Annualised alpha

-38.4%

Max drawdown

−68.7%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

20 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

80.9%

+10.0 pts

Top 5

93.2%

−1.6 pts

Top 10

96.3%

−1.2 pts

HHI

6,632

Highly concentrated+1,150

Portfolio Trend

25 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Financial Services	83.5%	$2,473,359,776	4
Technology	10.1%	$298,263,346	4
Consumer Defensive	2.8%	$82,832,740	5
Real Estate	0.9%	$27,320,000	1
Industrials	0.9%	$26,268,000	1
Communication Services	0.7%	$20,882,745	1
Consumer Cyclical	0.6%	$17,631,800	3
Healthcare	0.5%	$15,833,250	1

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

2 positions

Ticker	Company	Δ Shares	Shares	Value
PG	PROCTER & GAMBLE Co	+70,000	105,000	$15,166,200
ORCL	Oracle Corp	+29,000	104,000	$15,299,440
No positions match the current search.

Trimmed

Positions the filer reduced

No qualifying positions this quarter.

New Positions

Positions the filer opened this quarter

4 positions

Ticker	Company	Shares	Value
META	Meta Platforms, Inc.	36,500	$20,882,745
AMGN	Amgen Inc	45,000	$15,833,250
ACI	Albertsons Companies, Inc.	880,000	$14,995,200
AMCR	Amcor plc	355,300	$14,123,175
No positions match the current search.

Sold Out

Positions the filer fully exited

4 positions

Ticker	Company	Shares	Value
CVX	Chevron Corp	170,000	$25,909,700
UNP	Union Pacific Corp	100,000	$23,132,000
UPS	United Parcel Service Inc	220,000	$21,821,800
FIGR	Figure Technology Solutions, Inc.	250,000	$10,210,000
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

20 positions · $2,962,391,657 total · as of Mar 31, 2026

All sectors Communication Services Consumer Cyclical Consumer Defensive Financial Services Healthcare Industrials Real Estate Technology

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
FG	F&G Annuities & Life, Inc. Financial Services	Reduced	94,662,347	-94,662,347	$2,396,850,626	−59.0%	80.91%
ALIT	Alight, Inc. / Delaware Technology	Held	22,300,000	0	$259,884,200	−70.1%	8.77%
CCAP	Crescent Capital BDC, Inc. Financial Services	Held	4,205,307	0	$51,094,480	−13.5%	1.72%
VICI	Vici Properties Inc. Real Estate	Held	1,000,000	0	$27,320,000	−2.8%	0.92%
TXT	Textron Inc Industrials	Held	300,000	0	$26,268,000	+0.4%	0.89%
PEP	Pepsico Inc Consumer Defensive	Held	150,000	0	$23,293,500	+8.2%	0.79%
META	Meta Platforms, Inc. Communication Services	NEW	36,500	NEW	$20,882,745	NEW	0.70%
AMGN	Amgen Inc Healthcare	NEW	45,000	NEW	$15,833,250	NEW	0.53%
PSFE	Paysafe Ltd Technology	Held	2,250,002	0	$15,322,513	−15.8%	0.52%
ORCL	Oracle Corp Technology	Added	104,000	+29,000	$15,299,440	+4.7%	0.52%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	105,000	+70,000	$15,166,200	+202.4%	0.51%
ACI	Albertsons Companies, Inc. Consumer Defensive	NEW	880,000	NEW	$14,995,200	NEW	0.51%
HRL	Hormel Foods Corp /De/ Consumer Defensive	Held	660,000	0	$14,949,000	−4.4%	0.50%
KDP	Keurig Dr Pepper Inc. Consumer Defensive	Held	548,000	0	$14,428,840	−6.0%	0.49%
AMCR	Amcor plc Consumer Cyclical	NEW	355,300	NEW	$14,123,175	NEW	0.48%
TROW	Price T Rowe Group Inc Financial Services	Held	148,000	0	$13,340,720	−12.0%	0.45%
BX	Blackstone Inc. Financial Services	Held	105,000	0	$12,073,950	−25.4%	0.41%
DBD	DIEBOLD NIXDORF, Inc Technology	Held	102,826	0	$7,757,193	+11.1%	0.26%
UHG	United Homes Group, Inc. Consumer Cyclical	Held	2,800,000	0	$3,248,000	−25.6%	0.11%
CNTY	Century Casinos Inc /Co/ Consumer Cyclical	Held	187,500	0	$260,625	+4.5%	0.01%