SEC Form 13F Information Table Summary
Business Context and Reporting Period
This filing is a Form 13F Information Table submitted by Fidelity National Financial, Inc. for the reporting period ending June 30, 2020. The document discloses the company's holdings of equity securities as required by the Securities and Exchange Commission. It does not contain the company's own financial performance data (revenue, profit, etc.) but rather details its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists 33 equity positions with sole voting authority. The total value of reported holdings is not explicitly summed in the text, but individual position values are provided in thousands of dollars.
- Largest Holdings by Value:
- Cannae Hldgs Inc: $5,706,134 (234,522 shares)
- Crescent Cap BDC Inc: $4,205,307 (51,599 shares)
- Invitation Homes Inc: $2,000,000 (55,060 shares)
- Ceridian HCM Hldg Inc: $1,000,000 (79,270 shares)
- MGM Growth Pptys LLC: $500,000 (13,605 shares)
- Notable Sector Exposure: The portfolio includes significant exposure to financial services (Cannae, Crescent Cap, Invitation Homes, Wells Fargo), healthcare (AbbVie, Johnson & Johnson, Pfizer, UnitedHealth), and technology/telecom (Cisco, AT&T, Telus).
- Voting Authority: All listed positions are held with Sole voting authority. No shared or none voting authority positions are reported.
Material Changes Versus Prior Period
The filing text provided does not include comparative data from the prior quarter (March 31, 2020). Therefore, material changes in holdings, additions, or deletions cannot be determined from this document alone.
Guidance, Outlook, and Risks
As a statutory disclosure of holdings, this Form 13F does not contain management commentary, forward-looking guidance, risk factors, or contingencies regarding Fidelity National Financial, Inc.'s own operations. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Key Facts for Investor Verification
- Investment Strategy: Verify if the concentration in financial services and real estate (e.g., Invitation Homes, Cannae) aligns with the company's stated investment policy.
- Position Sizing: Confirm the total aggregate value of the portfolio by summing the "Value" column, as the total is not explicitly stated in the text.
- Related Party Transactions: Note the holding of Fidelity Natl Information Sv ($229,919 value), which may represent an affiliate or related entity within the Fidelity ecosystem.
- Reporting Accuracy: Cross-reference the share counts and values with market prices as of June 30, 2020, to ensure valuation accuracy.