Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in FNF held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 39.6M | $1.84B | +8.2% | 14.716% | 0.03% |
| 2 | WINDACRE PARTNERSHIP LLC | 20.9M | $969.5M | +6.1% | 7.766% | 10.38% |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 12.3M | $568.8M | — | 4.556% | 0.03% |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 11.5M | $534.3M | — | 4.280% | 0.01% |
| 5 | STATE STREET CORP | 9.5M | $441.4M | +1.8% | 3.536% | 0.02% |
| 6 | First Eagle Investment Management, LLC | 8.9M | $411.9M | +45.5% | 3.299% | 0.54% |
| 7 | CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 7.6M | $354.1M | -18.4% | 2.837% | 0.05% |
| 8 | ALLIANCEBERNSTEIN L.P. | 5.4M | $292.7M | +12.8% | 1.992% | 0.09% |
| 9 | AQR CAPITAL MANAGEMENT LLC | 5.4M | $251.2M | -20.3% | 2.012% | 0.12% |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 5.2M | $241.3M | +9.2% | 1.938% | 0.02% |
| 11 | COOKE & BIELER LP | 4.8M | $223.4M | -6.8% | 1.790% | 2.53% |
| 12 | DIMENSIONAL FUND ADVISORS LP | 4.2M | $195.3M | +30.1% | 1.564% | 0.04% |
| 13 | FMR LLC | 4.1M | $191.8M | +46.7% | 1.536% | 0.01% |
| 14 | PRINCIPAL FINANCIAL GROUP INC | 3.5M | $163.9M | -3.6% | 1.313% | 0.09% |
| 15 | Brave Warrior Advisors, LLC | 3.5M | $162.4M | -0.5% | 1.301% | 4.02% |
| 16 | Bank of New York Mellon Corp | 2.5M | $117.3M | +0.5% | 0.940% | 0.02% |
| 17 | Nuveen, LLC | 2.3M | $105.8M | -11.1% | 0.848% | 0.03% |
| 18 | NORTHERN TRUST CORP | 2.2M | $102.5M | -1.9% | 0.821% | 0.01% |
| 19 | MORGAN STANLEY | 2.2M | $102.3M | +5.2% | 0.820% | 0.01% |
| 20 | CONFLUENCE INVESTMENT MANAGEMENT LLC | 2.0M | $90.8M | -4.1% | 0.727% | 1.41% |
| 21 | VANGUARD FIDUCIARY TRUST CO | 1.6M | $73.6M | — | 0.590% | 0.02% |
| 22 | UBS ASSET MANAGEMENT AMERICAS INC | 1.5M | $71.3M | +4.2% | 0.571% | 0.01% |
| 23 | ROYAL BANK OF CANADA | 1.4M | $63.6M | -21.8% | 0.509% | 0.01% |
| 24 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 1.3M | $62.4M | +12.1% | 0.500% | 0.03% |
| 25 | DAVENPORT & Co LLC | 1.3M | $61.7M | -1.1% | 0.496% | 0.34% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in FNF — a direct measure of their conviction.
Filings activity in FNF during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 709 | 6.0% | 76.96% | 13.32 pp | $9.93B | 15% |
| Q4 2025 | 754 | +6.5% | 90.28% | 8.85 pp | $11.64B | 8.9% |
| Q3 2025 | 708 | 0.4% | 99.13% | +6.43 pp | $12.79B | +6.9% |
| Q2 2025 | 711 | 7.7% | 92.70% | 11.21 pp | $11.96B | 11% |
| Q1 2025 | 770 | +9.1% | 103.91% | +11.05 pp | $13.40B | +12% |
| Q4 2024 | 706 | +6.5% | 92.86% | 7.20 pp | $11.98B | 7.2% |
| Q3 2024 | 663 | +3.1% | 100.06% | +17.85 pp | $12.91B | +22% |
| Q2 2024 | 643 | — | 82.21% | — | $10.60B | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying FNF stock.
Based on Q1 2026 13F filings, institutional ownership of Fidelity National Financial, Inc. stands at 77.0%, held across 709 reporting institutions.
BlackRock, Inc. is the largest reported institutional holder of FNF, with approximately 39,609,963 shares worth $1.84B as of Q1 2026.
No marquee "smart money" managers (Berkshire, Burry, ARK, Tiger Global, Pershing Square, Baupost, etc.) currently appear among the top 25 institutional holders of FNF.
Our composite Smart Money Score for FNF is 16 out of 100 (Heavy Distribution). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
82 institutions opened new positions in FNF during Q1 2026, while 127 fully exited. 112 added to existing positions and 510 trimmed.
FNF institutional ownership fell by 13.32 percentage points quarter-over-quarter, with a net change of -45 holders.
The top 10 institutions account for 59.5% of all reported 13F value in FNF, and the top 25 account for 77.5%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Fidelity National Financial, Inc. (FNF) Institutional Ownership