What is the 13F Pro Quality Score for FNF?

13F Pro ranks Fidelity National Financial, Inc. (FNF) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FNF's current score at https://13fpro.ai/company/FNF (free sign-up required for the full ranking).

Where does 13F Pro source FNF data?

All Fidelity National Financial, Inc. fundamentals and ownership data come directly from SEC EDGAR. Fidelity National Financial, Inc. files with the SEC under CIK 1331875. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FNF in?

Fidelity National Financial, Inc. (FNF) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What are FNF's largest expenses?

Fidelity National Financial, Inc.'s latest 10-Q reports these as the largest expense items: Benefits and other changes in policy reserves ($1,149M, +16% YoY); Personnel costs ($965M, +11% YoY); Agent commissions ($749M, +15% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is FNF research updated on 13F Pro?

FNF's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Fidelity National Financial, Inc.(FNF)Stock Analysis

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SEC EDGAR: CIK 1331875 FNF stock profile & AI dashboard →

13F Pro Quality Score

58.1/100

Rank #1,043 of 2,961 stocksTOP 50%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

64.4/100

Profitability

40.0/100

Balance Sheet

39.0/100

Earnings Quality

96.7/100

Free Cash Flow

88.8/100

Institutional Flow

57.8/100

Revenue Scale

90.3/100

Dilution Risk

70.6/100

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Why FNF Scores 58/100

exact factor attribution · 2026-09-11

FNF's composite is driven by scale and free cash flow, held back by earnings growth and profitability. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Scale

+8.1 pts

90th pct

Free cash flow

+5.8 pts

89th pct

Earnings quality

+4.7 pts

97th pct

Revenue growth

+3.8 pts

64th pct

Shareholder dilution

+1.4 pts

71th pct

Institutional flow

+0.5 pts

58th pct

Capital efficiency

-1.5 pts

39th pct

Profitability

-2.0 pts

40th pct

Earnings growth

-2.2 pts

17th pct

Latest change (2026-08-07): 70 → 66 · ↓ Dilution 70→30; ↓ Earnings growth 51→33

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

FNF Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Fidelity National Financial, Inc. (FNF), a Financials sector company. 13F Pro's AI-powered ranking engine scores FNF at 58.1/100 on a 32-signal composite quality model, placing it at rank #1,043 of 2,961 stocks — the top half of the AI-ranked universe. FNF scores in the top quartile across earnings quality (96.7), revenue scale (90.3), free cash flow (88.8). Areas of concern include balance sheet strength (39.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), Fidelity National Financial, Inc. reports quarterly revenue of $4.1B, net income of $288.0M. Top institutional holders of FNF by reported 13-F value include BlackRock, WINDACRE PARTNERSHIP, VANGUARD PORTFOLIO MANAGEMENT, based on the most recent SEC filings. FNF trades on the NYSE exchange and files with the SEC under CIK 1331875. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FNF daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Fidelity National Financial, Inc. directly from SEC EDGAR. Fidelity National Financial, Inc.'s 13F Pro composite quality score has ranged between 54 and 77 since 2021, currently 58.1 — a declining long-term trajectory across 68 quarterly and live scoring snapshots.

What's Driving FNF's Business? Latest 10-Q Breakdown

✓ 25/25 datapoints verified

AI-extracted from Fidelity National Financial, Inc.'s 10-Q filed 2026-08-06 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Title insurance premiums grew 18% YoY to $1.73B on higher order volumes and fee-per-file, while F&G swung to a $94M pretax loss (from $57M income) on unfavorable derivative and reserve movements.

Biggest Revenue Drivers

Escrow fees$273M+12% YoY

Increase attributable to increased closed order volume.

Other title-related fees and income$192M+6% YoY

Biggest Revenue Drivers

Total revenue: $604M+10% YoY

Escrow fees$273M+12% YoY

Increase attributable to increased closed order volume.

Other title-related fees and income$192M+6% YoY

ServiceLink (excl. title premiums, escrow, subservicing)$105M+18% YoY

Primarily real estate appraisal services and foreclosure processing and facilitation services.

Real estate technology$34M0% YoY

Subscription fees for software provided to real estate professionals.

Largest Expense Items

Benefits and other changes in policy reserves$1,149M+16% YoY

Higher index credits and interest credited on indexed annuities from market movement and growth in PRT agreements.

Personnel costs$965M+11% YoY

Increased health insurance claims, inflationary salary increases, and higher variable costs from revenue growth.

Agent commissions$749M+15% YoY

Portion of premiums retained by third-party agents, rising with agency title premium volume.

Other operating expenses$460M+11% YoY

Margins: Title segment personnel costs fell to 56% of direct/escrow revenue (from 60%) on higher order volumes and fee-per-file, while F&G's pretax margin turned negative as unfavorable market-related liability movements outweighed premium and fee growth.

Watch Items from the Filing

F&G segment reported a $94M pretax loss in Q2 FY2026 versus $57M pretax income a year earlier, driven by $246M of unfavorable indexed annuity/IUL market-related liability movements.
Reinsurance recoverable of $20.9B is concentrated with Aspida ($8.4B) and Somerset ($6.2B), roughly 70% of the total; default by either reinsurer could materially affect F&G's financial position.
A Delaware court let breach-of-fiduciary-duty and unjust enrichment claims over 2022-2024 non-employee director compensation proceed against FNF's Compensation Committee and directors.
Title segment closed order volume rose 11% YoY to 273,000 in Q2 FY2026, aided by higher housing inventory and modestly lower mortgage rates.
Effective tax rate fell to 19% from 26% YoY, mainly from a deferred tax adjustment tied to F&G's outside basis difference and a reduced valuation allowance.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$4.1B

Net Income

Q2 2026

$288.0M

ROIC

Q2 2026

11.4%

D/E Ratio

Q2 2026

0.59

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+5.6% YoY

$14.45BFY 2025

FY22 $11.56BFY23 $11.75BFY24 $13.68BFY25 $14.45B

Net Income

-52.6% YoY

$602.0MFY 2025

FY22 $1.29BFY23 $517.0MFY24 $1.27BFY25 $602.0M

EPS (Diluted)

-52.5% YoY

$2.21FY 2025

FY22 $4.67FY23 $1.91FY24 $4.65FY25 $2.21

Total Assets

+14.4% YoY

$109.01BFY 2025

FY22 $65.14BFY23 $80.61BFY24 $95.26BFY25 $109.01B

Total Debt

+1.8% YoY

$4.40BFY 2025

FY22 $3.24BFY23 $3.89BFY24 $4.32BFY25 $4.40B

Op. Cash Flow

-14.5% YoY

$5.83BFY 2025

FY22 $4.36BFY23 $6.48BFY24 $6.82BFY25 $5.83B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$14.45B +5.6%	$13.68B +16.4%	$11.75B +1.6%	$11.56B -26.1%	$15.65B +45.2%	$10.78B
Net Income	$602.0M -52.6%	$1.27B +145.6%	$517.0M -60.0%	$1.29B -53.7%	$2.80B +96.0%	$1.43B
EPS (Diluted)	$2.21 -52.5%	$4.65 +143.5%	$1.91 -59.1%	$4.67 -52.1%	$9.75 +95.4%	$4.99
Total Assets	$109.01B +14.4%	$95.26B +18.2%	$80.61B +23.7%	$65.14B +6.2%	$61.33B +21.6%	$50.45B
Total Debt	$4.40B +1.8%	$4.32B +11.2%	$3.89B +20.0%	$3.24B +4.6%	$3.10B +16.3%	$2.66B
Operating Cash Flow	$5.83B -14.5%	$6.82B +5.2%	$6.48B +48.7%	$4.36B +6.5%	$4.09B +159.2%	$1.58B

AI Insight: FNF Financial Trends

Revenue stabilized around $4B in recent quarters, but Q4 2025 loss and persistent debt levels signal ongoing operational headwinds.

• Revenue recovered to $4.0–4.1B range in Q3 2025 and Q2 2026, after sharp dip to $547M in Q2 2025.

• Operating cash flow remains volatile, ranging $875M–$1.9B across recent quarters with no clear directional trend.

• Total debt remained flat ~$4.4B across 2025–2026, while equity contracted 8% from $8.1B (Q3 2024) to $7.5B (Q1 2026).

⚠ Net loss of $117M in Q4 2025 — only negative quarter in the dataset; profitability returned in Q1–Q2 2026.

⚠ Equity declined 13% from peak $8.4B (Q3 2025) to $7.3B (Q1 2026) despite stable debt, raising leverage concern.

AI Insight: FNF Ratio Trends

FNF's profitability remains volatile and below historical peaks; TTM operating margin of 11.3% trails Q4 2024's 17.7%, signaling pressure on core earnings.

• Operating margin contracted from 15.4% in Q1 2026 to 8.3% in Q2 2026, the lowest quarterly reading in the trailing period.

• Net profit margin rebounded to 7.1% in Q2 2026 after Q4 2025's -2.9%, but TTM NPM of 5.0% remains depressed versus Q4 2024's 12.4%.

• ROIC stabilized around 14–17% in recent quarters (Q1–Q2 2026) versus 3.6% in Q1 2025, showing recovery from trough.

⚠ Q4 2025 saw negative net profit margin (-2.9%) and ROE (-6.3%), signaling a major earnings miss or one-off charge—root cause unclear.

⚠ Leverage rose from 0.53 in Q3 2025 to 0.61 in Q1 2026; currently 0.59. Monitor if debt-funded acquisition or capital event explains spike.

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Available Research

13F Pro tracks comprehensive data for Fidelity National Financial, Inc. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FNF

BlackRock, Inc.
$1.8B37,537,193 sh
WINDACRE PARTNERSHIP LLC
$985.8M20,902,800 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$572.6M12,142,473 sh
VANGUARD CAPITAL MANAGEMENT LLC
$542.7M11,508,579 sh
STATE STREET CORP
$461.0M9,776,270 sh
First Eagle Investment Management, LLC
$423.4M8,977,002 sh
CHARLES SCHWAB INVESTMENT MANAGEMENT INC
$395.4M8,384,051 sh
AQR CAPITAL MANAGEMENT LLC
$348.8M7,395,407 sh
FMR LLC
$333.8M7,077,672 sh
GEODE CAPITAL MANAGEMENT, LLC
$237.3M5,044,520 sh

Fund	Value	Shares
BlackRock, Inc.	$1.8B	37,537,193
WINDACRE PARTNERSHIP LLC	$985.8M	20,902,800
VANGUARD PORTFOLIO MANAGEMENT LLC	$572.6M	12,142,473
VANGUARD CAPITAL MANAGEMENT LLC	$542.7M	11,508,579
STATE STREET CORP	$461.0M	9,776,270
First Eagle Investment Management, LLC	$423.4M	8,977,002
CHARLES SCHWAB INVESTMENT MANAGEMENT INC	$395.4M	8,384,051
AQR CAPITAL MANAGEMENT LLC	$348.8M	7,395,407
FMR LLC	$333.8M	7,077,672
GEODE CAPITAL MANAGEMENT, LLC	$237.3M	5,044,520

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Is FNF a good stock to buy?

13F Pro's AI-powered analysis of Fidelity National Financial, Inc. (FNF) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FNF are available on the FNF stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FNF is classified as a large company.

Which hedge funds own FNF?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FNF. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Fidelity National Financial, Inc.'s investment landscape.