WINDACRE PARTNERSHIP LLC: FIDELITY NATL FINL INC (FNF): Quarterly 13F Position History
As of Q1 2026, WINDACRE PARTNERSHIP LLC reported 20,902,800 shares of FIDELITY NATL FINL INC (FNF), worth $969.5M and representing 10.4% of its 13F equity book. Quarter-over-quarter share count change: + 1,198,800 (+6.1%) . The position first appeared in Q2 2020 and has been disclosed across 24 13F-HR filings in Pactolio's tracked window.
- 20,902,800Shares Held (Latest Filing)
- $969.5MReported Market Value (Latest Filing)
- 10.4%Portfolio Weight (% of 13F Equity Book)
- +1,198,800Quarter-over-Quarter Share Change
- -$106.2MQuarter-over-Quarter Value Change
- 20,902,800Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 24 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 20,902,800 | +1,198,800 | +6.1% | $969.5M | 10.4% | $46.4 |
| Q4 2025 | 19,704,000 | +798,900 | +4.2% | $1.1B | 11.5% | $54.6 |
| Q3 2025 | 18,905,100 | +4,477,900 | +31.0% | $1.1B | 14.3% | $60.5 |
| Q2 2025 | 14,427,200 | 68,800 | -0.5% | $808.8M | 11.1% | $56.1 |
| Q1 2025 | 14,496,000 | 1,232,700 | -7.8% | $943.4M | 14.1% | $65.1 |
| Q4 2024 | 15,728,700 | 295,600 | -1.8% | $883.0M | 12.9% | $56.1 |
| Q3 2024 | 16,024,300 | 405,000 | -2.5% | $994.5M | 13.2% | $62.1 |
| Q2 2024 | 16,429,300 | +180,033 | +1.1% | $811.9M | 10.7% | $49.4 |
| Q1 2024 | 16,249,267 | +1,424,767 | +9.6% | $862.8M | 11.9% | $53.1 |
| Q4 2023 | 14,824,500 | 860,000 | -5.5% | $756.3M | 11.5% | $51.0 |
| Q3 2023 | 15,684,500 | +981,600 | +6.7% | $647.8M | 11.8% | $41.3 |
| Q2 2023 | 14,702,900 | +3,350,900 | +29.5% | $529.3M | 10.2% | $36.0 |
| Q1 2023 | 11,352,000 | +1,867,000 | +19.7% | $396.5M | 8.5% | $34.9 |
| Q4 2022 | 9,485,000 | +1,590,000 | +20.1% | $356.8M | 8.6% | $37.6 |
| Q3 2022 | 7,895,000 | +7,895,000 | — | $285.8M | 4.8% | $36.2 |
| Q2 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q1 2022 | 0 | 0 | — | $0 | 0.0% | — |
| Q4 2021 | 0 | 6,905,700 | -100.0% | $0 | 0.0% | — |
| Q3 2021 | 6,905,700 | 3,914,300 | -36.2% | $313.1M | 7.0% | $45.3 |
| Q2 2021 | 10,820,000 | 377,000 | -3.4% | $470.2M | 10.4% | $43.5 |
| Q1 2021 | 11,197,000 | 1,680,900 | -13.1% | $455.3M | 11.3% | $40.7 |
| Q4 2020 | 12,877,900 | 809,000 | -5.9% | $503.4M | 13.2% | $39.1 |
| Q3 2020 | 13,686,900 | +1,729,700 | +14.5% | $428.5M | 13.1% | $31.3 |
| Q2 2020 | 11,957,200 | — | — | $366.6M | 11.0% | $30.7 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did WINDACRE PARTNERSHIP LLC first disclose a FNF position in 13F-HR filings?
WINDACRE PARTNERSHIP LLC first reported FIDELITY NATL FINL INC (FNF) on its 13F-HR filing for the period ending 2020-06-30 (Q2 2020). The position has appeared on 24 reported quarters within Pactolio's tracked window.
What was WINDACRE PARTNERSHIP LLC's most recent quarter-over-quarter share-count change in FNF?
Between Q4 2025 and Q1 2026, WINDACRE PARTNERSHIP LLC added 1,198,800 shares of FNF (+6.1%), bringing the total reported position to 20,902,800 shares at a market value of $969.5M.
Does the implied price-per-share represent WINDACRE PARTNERSHIP LLC's cost basis in FNF?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.