In a recent 13F filing with the SEC, First Eagle Investment Management disclosed a significant increase in its holdings of Fidelity National Financial (FNF). The report, which reflects the firm's portfolio as of June 30, 2026, reveals that First Eagle boosted its position by over 102%, growing its stake from 8.88 million to 17.95 million shares. This transaction increased the total value of the holding to approximately $846.71 million. As 13F filings are submitted quarterly, these trades occurred at an unspecified time during the second quarter.
Fidelity National Financial, a leading provider of title insurance and transaction services for the real estate and mortgage industries, reported strong financial results for the second quarter of 2026. The company's title business delivered adjusted pre-tax earnings of $448 million, a 33% increase over the prior year, despite a residential market constrained by high mortgage rates. During the quarter, FNF returned approximately $195 million to shareholders through dividends and stock buybacks.