Business Context and Reporting Period
This Form 13F-HR filing reports the equity holdings of Fidelity National Financial, Inc. as of the period ended December 31, 2007. The report was signed by Anthony J. Park, Chief Financial Officer, on February 13, 2008. This filing discloses the investment manager's portfolio of U.S. equity securities and does not report the operating financial results of Fidelity National Financial, Inc. itself.
Key Financial Metrics
The filing provides aggregate data regarding the reported holdings rather than the company's operational performance.
- Total Value of Reported Holdings: $93,098,000 (reported in thousands).
- Total Number of Holdings: 33 entries.
- Total Shares Reported: 13,185,905 shares.
- Largest Holding by Value: Northgate Minerals Corp. ($12,120,000).
- Largest Holding by Share Count: NTN Buzztime Inc. (6,644,611 shares).
Material Changes
The filing text does not provide comparative data against the prior quarter or year; therefore, material changes in holdings cannot be determined from this document alone.
Guidance, Outlook, and Risks
As a Form 13F, this document contains no management commentary, forward-looking guidance, risk factors, or contingency disclosures regarding Fidelity National Financial, Inc.'s business operations. It strictly lists securities held with defined voting authority.
Important Facts for Investor Verification
- Verify that the reported holdings ($93.1 million) represent a specific discretionary account or a subset of the firm's total assets, as this is not a comprehensive balance sheet of the parent company.
- Note the concentration in specific sectors, including energy (e.g., Tesoro, Imperial Oil, Mariner Energy) and technology (e.g., Hewlett Packard, Intel, Micron).
- Confirm that the "Defined" voting authority indicates the manager has sole discretion over these specific positions.
- Be aware that small position sizes (e.g., Comcast Corp. at 1 share, Landamerica Finl Group at 37 shares) may indicate trailing positions or administrative holdings rather than active strategic investments.