Cliff Asness's FNF Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 6.8 M shares of Fidelity National Financial, Inc. (FNF) worth $371.25 M, representing 0.19% of the portfolio. First purchased in 2014-Q3, this long-term strategic position has been held for 46 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in FNF, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2017, adding 3.4 M shares. Largest reduction occurred in Q4 2018, reducing 1.77 M shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Fidelity National Financial (FNF) Holding Value Over Time
Track share changes against reported price movement
Quarterly Fidelity National Financial (FNF) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | +1.74 M | Add 34.47% | 6.8 M | $54.59 |
| Q3 2025 | +2.17 M | Add 75.41% | 5.06 M | $60.21 |
| Q2 2025 | +891,088 | Add 44.73% | 2.88 M | $56.06 |
| Q1 2025 | +824,562 | Add 70.63% | 1.99 M | $64.89 |
| Q4 2024 | +672,323 | Add 135.78% | 1.17 M | $56.14 |
| Q3 2024 | +248,244 | Add 100.54% | 495,162 | $60.75 |
| Q2 2024 | +105,444 | Add 74.53% | 246,918 | $49.42 |
| Q1 2024 | -13,954 | Reduce 8.98% | 141,474 | $52.57 |
| Q4 2023 | -245,550 | Reduce 61.24% | 155,428 | $51.02 |
| Q3 2023 | -376,591 | Reduce 48.43% | 400,978 | $41.30 |
| Q2 2023 | -124,706 | Reduce 13.82% | 777,569 | $36.00 |
| Q1 2023 | -118,580 | Reduce 11.62% | 902,275 | $34.53 |
| Q4 2022 | -79,499 | Reduce 7.22% | 1.02 M | $37.62 |
| Q3 2022 | -478,002 | Reduce 30.28% | 1.1 M | $36.20 |
| Q2 2022 | +730,861 | Add 86.24% | 1.58 M | $36.45 |
| Q1 2022 | -176,521 | Reduce 17.24% | 847,495 | $48.84 |
| Q4 2021 | -109,321 | Reduce 9.65% | 1.02 M | $52.18 |
| Q3 2021 | -960,516 | Reduce 45.87% | 1.13 M | $45.34 |
| Q2 2021 | -46,949 | Reduce 2.19% | 2.09 M | $43.46 |
| Q1 2021 | +607,012 | Add 39.58% | 2.14 M | $40.66 |
| Q4 2020 | -399,762 | Reduce 20.68% | 1.53 M | $39.09 |
| Q3 2020 | -538,146 | Reduce 21.77% | 1.93 M | $31.31 |
| Q2 2020 | -1.35 M | Reduce 35.36% | 2.47 M | $30.51 |
| Q1 2020 | +1.74 M | Add 83.22% | 3.82 M | $24.88 |
| Q4 2019 | +620,394 | Add 42.30% | 2.09 M | $45.12 |
| Q3 2019 | -522,558 | Reduce 26.27% | 1.47 M | $44.41 |
| Q2 2019 | -775,755 | Reduce 28.06% | 1.99 M | $40.30 |
| Q1 2019 | -1.6 M | Reduce 36.61% | 2.77 M | $36.55 |
| Q4 2018 | -1.77 M | Reduce 28.81% | 4.36 M | $31.44 |
| Q3 2018 | -597,994 | Reduce 8.89% | 6.13 M | $39.35 |
| Q2 2018 | -93,434 | Reduce 1.37% | 6.72 M | $37.62 |
| Q1 2018 | +2.11 M | Add 44.89% | 6.82 M | $40.08 |
| Q4 2017 | +3.4 M | Add 259.10% | 4.71 M | $39.24 |
| Q3 2017 | +991,875 | Add 311.36% | 1.31 M | $47.46 |
| Q2 2017 | +202,441 | Add 174.34% | 318,561 | $44.83 |
| Q1 2017 | +4,361 | Add 3.90% | 116,120 | $38.94 |
| Q4 2016 | +20,895 | Add 23.00% | 111,759 | $33.96 |
| Q3 2016 | -2,407 | Reduce 2.58% | 90,864 | $36.91 |
| Q2 2016 | -135,632 | Reduce 59.25% | 93,271 | $37.50 |
| Q1 2016 | -191,751 | Reduce 45.58% | 228,903 | $33.90 |
| Q4 2015 | +207,044 | Add 96.93% | 420,654 | $34.67 |
| Q3 2015 | +23,254 | Add 12.22% | 213,610 | $35.47 |
| Q2 2015 | +18,816 | Add 10.97% | 190,356 | $36.99 |
| Q1 2015 | -1,641 | Reduce 0.95% | 171,540 | $36.76 |
| Q4 2014 | +19,673 | Add 12.82% | 173,181 | $34.45 |
| Q3 2014 | +153,508 | New Buy | 153,508 | $27.74 |
Cliff Asness's Fidelity National Financial Investment FAQs
Cliff Asness first purchased Fidelity National Financial, Inc. (FNF) in Q3 2014, acquiring 153,508 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Fidelity National Financial, Inc. (FNF) for 46 quarters since Q3 2014.
Cliff Asness's largest addition to Fidelity National Financial, Inc. (FNF) was in Q4 2017, adding 4,705,816 shares worth $184.66 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 6,800,697 shares of Fidelity National Financial, Inc. (FNF), valued at approximately $371.25 M.
As of the Q4 2025 filing, Fidelity National Financial, Inc. (FNF) represents approximately 0.19% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Fidelity National Financial, Inc. (FNF) was 6,818,366 shares, as reported at the end of Q1 2018.