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, 2022. 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 34 distinct equity positions. Key portfolio metrics include:
- Total Disclosed Positions: 34 issuers.
- Largest Holding by Value: F&G Annuities and Life Inc. (Common Stock) with a value of $2,129,915,000 (106,442,551 shares).
- Second Largest Holding by Value: Alight Inc. (Class A) with a value of $125,400,000 (15,000,000 shares).
- Third Largest Holding by Value: Crescent Cap BDC Inc. with a value of $53,744,000 (4,205,307 shares).
- Voting Authority: The majority of positions are held with Sole voting authority. Two positions (Crescent Cap BDC Inc. and Paysafe Limited) are held with Discretionary authority.
Material Changes and Portfolio Activity
The filing text provided is a static snapshot of holdings as of the period end. It does not provide comparative data against the prior quarter (September 30, 2022) to determine material changes, purchases, or sales. Consequently, no analysis of portfolio turnover or strategic shifts can be derived from this specific text.
Guidance, Outlook, and Risks
As a regulatory 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.
Important Facts for Investor Verification
- Significant Concentration: The portfolio is heavily concentrated in F&G Annuities and Life Inc., which represents a substantial portion of the disclosed equity value.
- Related Party Exposure: The filing includes a position in Fidelity Natl Information Sv (229,919 shares, valued at $15,600,000), indicating an investment in a related entity within the Fidelity ecosystem.
- Missing Comparative Data: Investors must cross-reference this filing with the Q3 2022 13F filing to understand net buying or selling activity.
- Discretionary Holdings: Verify the nature of the "Discretionary" authority held for Crescent Cap BDC Inc. and Paysafe Limited to understand if these are managed on behalf of other clients or internal funds.