SEC Filing Summary: Form 13F Information Table
Business Context and Reporting Period
Company: Fidelity National Financial, Inc.
Filing Type: Form 13F Information Table
Reporting Period: March 31, 2015
Context: This filing discloses the equity securities held by Fidelity National Financial, Inc. as of the end of the first quarter of 2015. It is a regulatory disclosure of investment holdings, not a report of the company's own operating performance.
Key Financial Metrics and Holdings
The filing details a portfolio of 24 equity positions. The total value of reported holdings is approximately $127.5 million (sum of Column 4 values). The largest single position by value is Fidelity National Information Services, Inc. ($88.7 million), representing a significant portion of the reported portfolio.
| Issuer | Shares Held | Value ($000s) | Voting Authority |
|---|---|---|---|
| Fidelity National Information Services | 1,303,860 | 88,741 | Sole |
| General Electric | 243,100 | 6,031 | Sole |
| Linn Energy, LLC | 209,800 | 2,320 | Sole |
| Sysco Corp | 157,895 | 5,957 | Sole |
| TC Pipelines LP | 139,000 | 9,056 | Sole |
| Williams Companies | 119,000 | 6,020 | Sole |
| Targa Resources Partners | 109,612 | 4,534 | Sole |
| Abbvie Inc | 107,450 | 6,290 | Sole |
Note: The table above lists the top holdings by value. All listed positions have "Sole" voting authority. No put or call options were reported.
Material Changes and Comparisons
The filing text does not provide data for the prior comparable period (December 31, 2014). Therefore, material changes in holdings, additions, or deletions cannot be determined from this document alone.
Guidance, Outlook, and Risks
This Form 13F filing does not contain management commentary, financial guidance, outlook, or risk factors regarding Fidelity National Financial, Inc.'s own operations. It strictly lists investment holdings. The filing includes a standard disclaimer that the SEC has not reviewed the information for accuracy or completeness.
Key Facts for Investor Verification
- Significant Concentration: Verify the strategic rationale for holding a large position ($88.7M) in Fidelity National Information Services, Inc., a company with a similar name but distinct operations.
- Portfolio Composition: Confirm the sector allocation, which appears heavily weighted toward Energy (e.g., Chevron, Exxon, Phillips 66, Linn Energy) and Consumer Staples (e.g., P&G, PepsiCo, McDonald's).
- Reporting Accuracy: Cross-reference the share counts and values with the issuer's public filings to ensure the reported market values align with the March 31, 2015 closing prices.
- Missing Data: Note that this document does not disclose the company's own revenue, profit, or debt levels; those metrics must be found in the company's 10-Q or 10-K filings.