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 December 31, 2017. 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, cash flow) but rather details its investment portfolio.
Key Financial Metrics and Portfolio Composition
The filing lists 27 distinct equity positions. The total value of reported holdings is not explicitly summed in the text, but individual position values are provided in thousands of dollars. Key observations include:
- Largest Holdings by Value: The portfolio is heavily concentrated in specific issuers, most notably FGL Holdings (Ordinary Shares valued at $16,732,000 and Warrants valued at $1,500,000) and Cannae Holdings Inc. (valued at $5,706,134).
- Significant Positions: Other notable holdings include Invitation Homes Inc. ($2,157,039), DowDuPont Inc. ($389,477), International Paper Co. ($395,001), and General Electric Co. ($338,900).
- Voting Authority: For all listed positions, Fidelity National Financial, Inc. reported Sole voting authority. No shared or none voting authority was reported.
- Security Types: The portfolio consists primarily of Common Stock (COM), with one position in Warrants (FGL Hldgs) and one in Preferred Stock (Nuverra Environmental Solutions).
Material Changes and Comparisons
The filing text provided does not contain comparative data from the prior quarter or year. Therefore, material changes in holdings, increases or decreases in share counts, and year-over-year portfolio shifts 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 the company's own operations. The filing includes a standard disclaimer stating that the SEC 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, as the total is not explicitly stated in the text.
- Confirm the relationship between Fidelity National Financial, Inc. and FGL Holdings, which represents the largest single issuer exposure (Ordinary Shares and Warrants).
- Review the specific CUSIP numbers to ensure accurate identification of security classes, particularly for complex instruments like the FGL Holdings Warrants expiring 11/30/202.
- Compare these holdings against the previous quarter's 13F filing to identify any significant buy or sell activity.