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 September 30, 2023. The document discloses the company's holdings of equity securities as required by the Securities and Exchange Commission. It is not a financial performance report (such as a 10-Q or 10-K) and does not contain the company's own revenue, profit, or cash flow data.
Key Financial Metrics
The filing text does not provide Fidelity National Financial, Inc.'s internal financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. Instead, it lists the value and quantity of external securities held by the company. Key portfolio statistics include:
- Total Holdings Listed: 32 distinct security positions.
- Largest Position by Value: F&G Annuities and Life Inc. (Common Stock) valued at approximately $2,986,777,981 (106,442,551 shares).
- Second Largest Position by Value: Alight Inc. (Class A) valued at approximately $141,800,000 (20,000,000 shares).
- Smallest Position by Value: Fidelity Natl Information Sv (Common) valued at $20,063 (363 shares).
Material Changes and Portfolio Composition
As this is a snapshot of holdings at a specific date, the filing does not explicitly state material changes versus the prior period. However, the composition reveals a diversified portfolio with significant exposure to:
- Financial Services: F&G Annuities and Life Inc., Citigroup Inc., Blackstone Inc., Crescent Cap BDC Inc.
- Technology & Software: Cisco Sys Inc., Ceridian HCM Hldg Inc., Alight Inc., Porch Group Inc.
- Healthcare & Pharmaceuticals: Abbvie Inc., Johnson & Johnson, Pfizer Inc., Unitedhealth Group Inc., Viatris Inc.
- Consumer Staples & Industrials: PepsiCo Inc., Philip Morris Intl Inc., Lockheed Martin Corp, United Parcel Service Inc.
Voting authority is predominantly listed as SOLE, with two positions (Crescent Cap BDC Inc. and Paysafe Limited) listed as DFND (Discretionary/Defined).
Guidance, Outlook, and Risks
The filing text does not provide management commentary, future guidance, outlook, or specific risk factors related to Fidelity National Financial, Inc.'s operations. The only disclaimer present is the standard SEC warning 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, noting that this represents only the reported holdings and may not reflect the company's total assets.
- Confirm the ownership structure of the F&G Annuities and Life Inc. position, which represents the vast majority of the reported equity value.
- Check subsequent filings (e.g., 10-Q) for Fidelity National Financial, Inc.'s actual operating performance, as this Form 13F contains no operational data.
- Review the "Voting Authority" column to understand the extent of control the company exercises over these external investments.