FNF

SEC Filing Summary: Form 13F-HR

Business Context and Reporting Period

This filing is a Form 13F Holdings Report submitted by Fidelity National Financial, Inc., an institutional investment manager, for the quarter ended March 31, 2008. The report was signed by Anthony J. Park, Chief Financial Officer, on May 12, 2008. It discloses the equity securities held by the manager at the end of the reporting period.

Key Financial Metrics

The filing discloses the following aggregate portfolio metrics:

• Total Portfolio Value: $75,692,000 (reported as $75,692 in thousands).
• Total Number of Holdings: 27 distinct securities.
• Total Shares Held: 12,352,392 shares across all positions.
• Voting Authority: The manager holds "Defined" voting authority for all listed positions, with no shared or none authority reported.

Note: As a Form 13F, this document does not report the company's own revenue, profit, cash flow, margins, debt, or liquidity. It only reports external equity holdings.

Material Changes and Portfolio Composition

The filing does not provide comparative data against the prior quarter to determine material changes in holdings. However, the current portfolio composition includes:

• Largest Holding by Value: Northgate Minerals Corp. ($12,055,000; 3,778,900 shares).
• Top 5 Holdings by Value:
  1. Northgate Minerals Corp. ($12,055,000)
  2. Allegheny Energy Inc. ($8,317,000)
  3. Seaspan Corp. ($5,271,000)
  4. NYSE Euronext ($4,567,000)
  5. Cornell Companies Inc. ($4,290,000)
• Smallest Holdings: Comcast Corp. ($0 value reported, 1 share), LandAmerica Finl Group, Inc. ($1,000 value, 37 shares), and American Restaurant Group Inc. ($10,000 value, 1,000 shares).

Guidance, Risks, and Unusual Items

This filing type does not contain management guidance, outlook, risk factors, or commentary on contingencies. It is a statutory disclosure of holdings only. No unusual items or restatements were indicated in the cover page.

Key Facts for Investor Verification

• Verify the total portfolio value of approximately $75.7 million against the sum of individual holdings listed in the table.
• Confirm the concentration risk, as the top holding (Northgate Minerals Corp.) represents approximately 16% of the total reported portfolio value.
• Note the presence of holdings in distressed or volatile sectors as of 2008, including Reliant Energy, AMR Corp (American Airlines), and Continental Airlines.
• Check for any subsequent amendments to this filing, as the cover page indicates no amendments were filed at the time of submission.