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 March 31, 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 32 equity positions. Key portfolio characteristics include:
- Total Positions: 32 distinct issuers.
- Largest Holding by Value: FGL Holdings (16,897,000 shares, valued at $1,074,650,000).
- Significant Holdings by Value:
- Cannae Holdings Inc: $191,098,000 (5,706,134 shares)
- Block H & R Inc: $8,967,000 (636,854 shares)
- AT&T Inc: $18,651,000 (639,831 shares)
- Invitation Homes Inc: $42,740,000 (2,000,000 shares)
- Voting Authority: The manager reported Sole voting authority for all listed positions. No shared or none voting authority was reported.
- Derivatives: No put or call options were reported in the "PRN AMT" columns.
Material Changes and Comparisons
The filing text provided is a standalone snapshot of holdings as of March 31, 2020. It does not provide comparative data against the prior quarter (December 31, 2019) or year-over-year changes. Therefore, material changes in position size or new entries cannot be determined from this specific text.
Guidance, Outlook, and Risks
As a statutory disclosure of holdings, this Form 13F does not contain management commentary, financial guidance, outlook, risk factors, or contingencies regarding Fidelity National Financial, Inc.'s own operations. The only risk disclosure present is the standard SEC disclaimer stating that the Commission has not reviewed the information for accuracy or completeness.
Investor Verification Checklist
- Verify the total aggregate value of the portfolio by summing the "VALUE" column (x$1,000) to confirm total assets under management for this period.
- Confirm the concentration risk associated with the largest holding, FGL Holdings, which represents a significant portion of the reported value.
- Check subsequent filings (e.g., for June 30, 2020) to determine if the large positions in FGL Holdings and Cannae Holdings were maintained or liquidated.
- Review the company's own 10-Q or 10-K filings for the same period to understand how these investments impact the company's consolidated financial statements.