Who owns FNF (FNF)
Which tracked institutional funds hold FNF, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See FNF company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on FNF is one-sided between 2025-Q4 and 2026-Q1: 85 added or opened and 268 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
FNF’s largest tracked holder by dollar value, BlackRock, Inc., sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in FNF divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 720 tracked filers holding FNF, 330 increased or opened the position and 384 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in FNF between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 24
- VANGUARD PORTFOLIO MANAGEMENT LLC$569M
- VANGUARD CAPITAL MANAGEMENT LLC$534M
- VANGUARD FIDUCIARY TRUST CO$74M
- VANGUARD ASSET MANAGEMENT, Ltd$24M
- SEB Asset Management AB$13M
- SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC$10M
Full exits 35
- VANGUARD GROUP INC$1.5B
- Point72 Asset Management, L.P.$22M
- Qube Research & Technologies Ltd$22M
- TWO SIGMA ADVISERS, LP$14M
- Skandinaviska Enskilda Banken AB (publ)$10M
- Parkwood LLC$8M
Largest adds
- First Eagle Investment Management, LLC$79M
- NORGES BANK$34M
- ALLIANCEBERNSTEIN L.P.$33M
- LOS ANGELES CAPITAL MANAGEMENT LLC$33M
- FMR LLC$32M
- D. E. Shaw & Co., Inc.$26M
Largest trims
- BlackRock, Inc.$518M
- VICTORY CAPITAL MANAGEMENT INC$227M
- CHARLES SCHWAB INVESTMENT MANAGEMENT INC$157M
- AQR CAPITAL MANAGEMENT LLC$121M
- WINDACRE PARTNERSHIP LLC$106M
- STATE STREET CORP$69M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. trimmed | 31,913,346 | $1.5B | 13.8% | 2026-Q1 |
| WINDACRE PARTNERSHIP LLC added | 20,902,800 | $969M | 9.0% | 2026-Q1 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 12,263,260 | $569M | 5.3% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 11,519,603 | $534M | 5.0% | 2026-Q1 |
| STATE STREET CORP added | 9,517,558 | $441M | 4.1% | 2026-Q1 |
| First Eagle Investment Management, LLC added | 8,880,108 | $412M | 3.8% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed | 7,634,943 | $354M | 3.3% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 5,360,912 | $293M | 2.7% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 5,403,446 | $251M | 2.3% | 2026-Q1 |
| GEODE CAPITAL MANAGEMENT, LLC added | 5,215,751 | $241M | 2.2% | 2026-Q1 |
| COOKE & BIELER LP trimmed | 4,816,598 | $223M | 2.1% | 2026-Q1 |
| NORGES BANK trimmed | 3,303,528 | $215M | 2.0% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP added | 4,210,824 | $195M | 1.8% | 2026-Q1 |
| FMR LLC added | 4,000,063 | $186M | 1.7% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC trimmed | 3,533,508 | $164M | 1.5% | 2026-Q1 |
| Brave Warrior Advisors, LLC trimmed | 3,502,213 | $162M | 1.5% | 2026-Q1 |
| Bank of New York Mellon Corp added | 2,529,383 | $117M | 1.1% | 2026-Q1 |
| Nuveen, LLC trimmed | 2,281,564 | $106M | 1.0% | 2026-Q1 |
| NORTHERN TRUST CORP trimmed | 2,210,549 | $103M | 1.0% | 2026-Q1 |
| MORGAN STANLEY added | 2,206,425 | $102M | 1.0% | 2026-Q1 |
| CONFLUENCE INVESTMENT MANAGEMENT LLC trimmed | 1,957,007 | $91M | 0.8% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,587,158 | $74M | 0.7% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC added | 1,536,801 | $71M | 0.7% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,371,271 | $64M | 0.6% | 2026-Q1 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 1,345,756 | $62M | 0.6% | 2026-Q1 |
| DAVENPORT & Co LLC trimmed | 1,335,953 | $62M | 0.6% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 1,209,396 | $56M | 0.5% | 2026-Q1 |
| PEAPACK GLADSTONE FINANCIAL CORP | 1,167,889 | $54M | 0.5% | 2026-Q1 |
| FIRST TRUST ADVISORS LP added | 1,148,920 | $53M | 0.5% | 2026-Q1 |
| Legal & General Group Plc trimmed | 1,128,153 | $52M | 0.5% | 2026-Q1 |
| UBS Group AG trimmed | 1,084,689 | $50M | 0.5% | 2026-Q1 |
| THOMPSON SIEGEL & WALMSLEY LLC added | 1,007,649 | $47M | 0.4% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 959,414 | $44M | 0.4% | 2026-Q1 |
| HSBC HOLDINGS PLC added | 896,177 | $42M | 0.4% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 888,705 | $41M | 0.4% | 2026-Q1 |
| Amundi trimmed | 791,829 | $37M | 0.3% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 787,136 | $37M | 0.3% | 2026-Q1 |
| Swiss National Bank added | 755,900 | $35M | 0.3% | 2026-Q1 |
| LOS ANGELES CAPITAL MANAGEMENT LLC added | 747,637 | $35M | 0.3% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 742,319 | $34M | 0.3% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC added | 730,498 | $34M | 0.3% | 2026-Q1 |
| RHUMBLINE ADVISERS added | 727,714 | $34M | 0.3% | 2026-Q1 |
| Invesco Ltd. trimmed | 705,009 | $33M | 0.3% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 677,068 | $31M | 0.3% | 2026-Q1 |
| Pictet Asset Management Holding SA trimmed | 663,816 | $31M | 0.3% | 2026-Q1 |
| PFA Pension, Forsikringsaktieselskab added | 658,647 | $31M | 0.3% | 2026-Q1 |
| Sumitomo Mitsui Trust Group, Inc. trimmed | 643,328 | $30M | 0.3% | 2026-Q1 |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 644,519 | $29M | 0.3% | 2026-Q1 |
| SCHWARTZ INVESTMENT COUNSEL INC | 615,000 | $29M | 0.3% | 2026-Q1 |
| D. E. Shaw & Co., Inc. added | 577,937 | $27M | 0.2% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC added | 577,766 | $27M | 0.2% | 2026-Q1 |
| ZACKS INVESTMENT MANAGEMENT trimmed | 562,603 | $26M | 0.2% | 2026-Q1 |
| AustralianSuper Pty Ltd added | 558,470 | $26M | 0.2% | 2026-Q1 |
| VANGUARD ASSET MANAGEMENT, Ltd new | 518,711 | $24M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 482,618 | $22M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 480,507 | $22M | 0.2% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 462,639 | $21M | 0.2% | 2026-Q1 |
| Verity & Verity, LLC added | 449,469 | $21M | 0.2% | 2026-Q1 |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed | 446,705 | $21M | 0.2% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 413,623 | $19M | 0.2% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC trimmed | 399,571 | $19M | 0.2% | 2026-Q1 |
| CITIGROUP INC added | 396,758 | $18M | 0.2% | 2026-Q1 |
| Squarepoint Ops LLC added | 394,619 | $18M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 382,608 | $18M | 0.2% | 2026-Q1 |
| JCP Investment Management, LLC added | 376,527 | $17M | 0.2% | 2026-Q1 |
| Crescent Grove Advisors, LLC added | 369,613 | $17M | 0.2% | 2026-Q1 |
| BARCLAYS PLC trimmed | 352,772 | $16M | 0.2% | 2026-Q1 |
| Quantinno Capital Management LP added | 337,391 | $16M | 0.1% | 2026-Q1 |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | 334,183 | $15M | 0.1% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 318,350 | $15M | 0.1% | 2026-Q1 |
| Retirement Systems of Alabama added | 312,687 | $15M | 0.1% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 307,433 | $14M | 0.1% | 2026-Q1 |
| SEI INVESTMENTS CO trimmed | 300,267 | $14M | 0.1% | 2026-Q1 |
| Man Group plc added | 295,030 | $14M | 0.1% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 292,988 | $14M | 0.1% | 2026-Q1 |
| GW&K Investment Management, LLC trimmed | 289,640 | $13M | 0.1% | 2026-Q1 |
| SEB Asset Management AB new | 288,030 | $13M | 0.1% | 2026-Q1 |
| FRANKLIN RESOURCES INC added | 279,562 | $13M | 0.1% | 2026-Q1 |
| NATIXIS ADVISORS, LLC trimmed | 278,958 | $13M | 0.1% | 2026-Q1 |
| Mitsubishi UFJ Asset Management Co., Ltd. added | 275,160 | $13M | 0.1% | 2026-Q1 |
| WORLDQUANT MILLENNIUM ADVISORS LLC added | 271,400 | $13M | 0.1% | 2026-Q1 |
| AMERICAN CENTURY COMPANIES INC added | 270,312 | $13M | 0.1% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 266,034 | $12M | 0.1% | 2026-Q1 |
| HOLLENCREST CAPITAL MANAGEMENT trimmed | 260,943 | $12M | 0.1% | 2026-Q1 |
| Zurcher Kantonalbank (Zurich Cantonalbank) added | 257,739 | $12M | 0.1% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 247,647 | $11M | 0.1% | 2026-Q1 |
| PRICE T ROWE ASSOCIATES INC /MD/ added | 245,248 | $11M | 0.1% | 2026-Q1 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM | 245,251 | $11M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 26,862,715 | $1.5B | 13.7% | 2025-Q4 stale |
| Point72 Asset Management, L.P. added | 409,616 | $22M | 0.2% | 2025-Q4 stale |
| Qube Research & Technologies Ltd added | 397,738 | $22M | 0.2% | 2025-Q4 stale |
| Cubist Systematic Strategies, LLC added | 307,513 | $20M | 0.2% | 2025-Q1 stale |
| Corebridge Financial, Inc. trimmed | 287,130 | $19M | 0.2% | 2025-Q1 stale |
| Oribel Capital Management, LP new | 176,400 | $14M | 0.1% | 2025-Q2 stale |
| TWO SIGMA ADVISERS, LP trimmed | 260,400 | $14M | 0.1% | 2025-Q4 stale |
| PZENA INVESTMENT MANAGEMENT LLC trimmed | 223,286 | $14M | 0.1% | 2025-Q3 stale |
| Prana Capital Management, LP added | 221,818 | $13M | 0.1% | 2025-Q3 stale |
| NOMURA HOLDINGS INC added | 218,349 | $13M | 0.1% | 2025-Q3 stale |
| Philadelphia Financial Management of San Francisco, LLC added | 208,824 | $13M | 0.1% | 2025-Q3 stale |
| Andra AP-fonden added | 215,137 | $12M | 0.1% | 2025-Q2 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.