Fidelity National Financial Inc
Latest Fidelity National Financial Inc News and Updates

Seth Klarman’s Baupost Group sells its stake in British Petroleum
The Baupost Group pared almost half of its stake in British Petroleum (BP), which accounted for 7.80% of the fund’s total portfolio in 4Q 2013.

CalPERS establishes new position in CBS Outdoor Americas
CBS Outdoor Americas is the largest provider of advertising space on out-of-home advertising structures and sites across the US, Canada, and Latin America.

Eminence Capital raises its position in Xoom
Increased mobile adoption of Xoom’s mobile products led Latin America revenue, which rose 48% YoY. Gross sending volume increased 29% YoY.

Glenview Capital increases stake in Fidelity National Financial
Glenview Capital Management added to its position in Fidelity National Financial (FNF) in the third quarter. Currently, the position accounts for 1.70% of the fund’s total portfolio.

Seth Klarman’s Baupost Group buys a new stake in Cheniere Energy
The Baupost Group added a stake in Cheniere Energy Inc. (LNG) that accounted for 7.57% of the fund’s total portfolio. Cheniere Energy is a Houston-based energy company.

Analyzing Eminence Capital’s 13G filings
In 3Q14, Eminence Capital’s portfolio increased slightly to $6.83 billion, compared to $6.05 billion in the second quarter.

CalPERS hangs up on position in Vodafone
Vodafone is one of the world’s largest telecom companies. Its shares were up on fresh rumors in August that AT&T executives were working on a bid for the company.

CalPERS exits FEMSA – Mexican bottler, convenience-store owner
Founded in 1890 in Monterrey, Mexico, FEMSA is comprised of two complementary business units—Coca-Cola FEMSA, and FEMSA Comercio, a convenience-store operator.

CalPERS adds new position in Liberty Media
Liberty Media Corporation owns interests in a range of communications and entertainment businesses. Recently, the company completed the previously announced spin-off of its cable business, Liberty Broadband.

CalPERS adds new position in TRI Pointe Homes
TRI Pointe Homes is one of the top ten–largest public homebuilders by equity market capitalization in the US. The company reaffirmed its 2015 outlook for earnings per diluted share in the range of $1.25 to $1.40.

Highlights of CalPERS’ third-quarter 13F filing
CalPERS is the largest public pension fund in the US. It administers health and retirement benefits on behalf of 3,064 public school, local agency, and state employers.
The Baupost Group ups its stake in Idenix Pharmaceuticals
Idenix Pharmaceuticals (IDIX) accounted for a 6.25% position in Baupost’s fourth quarter portfolio. The hedge fund increased its stock holdings in Idenix last month.
Must-know highlights of the Baupost Group’s 1Q 2014 positions
Seth Klarman’s Baupost Group, LLC, returned $4 billion to clients at the end of last year. The fund is one of the best-performing hedge fund managers of all time, generating $21.5 billion in returns over its history.

TIBCO Software gets reduced position in Eminence Capital
On December 5, 2014, Vista Equity Partners completed the acquisition of TIBCO for $4.3 billion, or $24 per share, in a cash transaction.
Seth Klarman’s Baupost Group raises its stake in PBF Energy
The Baupost Group raised its stake in PBF Energy Inc. (PBF) by 1,021,466 shares to own 1,976,606 shares at the end of the fourth quarter.
Seth Klarman’s Baupost Group buys stake in Kindred Biosciences
The Baupost Group opened a new position in animal health company Kindred Biosciences Inc. (KIN) that accounts for 0.92% of the fund’s $3.5 billion portfolio.