FNF ranks #762 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
FNF is a top-conviction position for Windacre Partnership LLC — at 9.8% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in FNF belongs to BlackRock, Inc., but the position matters far more to Windacre Partnership LLC, who has 9.8% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Fidelity has added to its FNF position for two straight quarters, increasing it by $179.9M to reach $333.8M today.
BlackRock has trimmed its FNF position for two straight quarters, cutting it by $227.6M while still holding $1.8B.
FNF is up 0.5% today, and institutions have been net buyers of $1.5B this quarter — today's price move and the underlying institutional flow are pointing the same direction.