Business Context and Reporting Period
This Form 13F-HR filing reports the equity holdings of Fidelity National Financial, Inc. as of the quarter ended June 30, 2012. The report was filed on July 31, 2012, by Michael L. Gravelle, Executive Vice President, General Counsel, and Corporate Secretary. The filing covers 22 individual security positions with no other included managers.
Key Financial Metrics
As this is a Form 13F Holdings Report, it discloses investment positions rather than the operating financial performance of the filer. Key metrics from the filing include:
- Total Portfolio Value: $111,872,000 (reported in thousands).
- Number of Positions: 22.
- Largest Holding: Fidelity National Information Services (49% of total reported value).
- Second Largest Holding: Linn Energy, LLC (8.9% of total reported value).
- Voting Authority: The filer reported sole voting authority for all listed positions.
Material Changes
The filing text does not provide comparative data for the prior quarter or year-over-year changes. Consequently, material changes in holdings versus the prior comparable period cannot be determined from this document alone.
Guidance, Outlook, and Risks
This filing type does not contain management commentary, financial guidance, outlook, or risk factors regarding the filer's operations. It strictly lists securities held for investment purposes. No unusual items or contingencies are disclosed in this report.
Investor Verification Checklist
- Verify the concentration risk: Fidelity National Information Services represents approximately $54.66 million of the $111.87 million total portfolio value.
- Confirm the nature of the filing: This report reflects investment holdings, not the operating revenue or earnings of Fidelity National Financial, Inc.
- Check for derivative exposure: The filing lists only common stock (COM) with no call or put options reported.
- Validate the reporting date: Ensure analysis aligns with the June 30, 2012 quarter-end snapshot.