Andra AP fonden Reduces Stake in First American Financial

The Swedish pension fund decreased its holdings in the insurance provider by nearly 89% in the third quarter.

Mar. 2, 2026 at 6:07pm

Andra AP fonden, a Swedish pension fund, reduced its position in First American Financial Corporation (NYSE:FAF) by 88.7% during the 3rd quarter, according to the company's recent 13F filing with the Securities & Exchange Commission. The firm owned 3,800 shares of the insurance provider's stock after selling 29,814 shares during the quarter, with the remaining holdings valued at $244,000 at the end of the most recent reporting period.

Why it matters

This transaction highlights the shifting investment strategies of major institutional investors like Andra AP fonden as they rebalance their portfolios and adjust their exposure to various sectors and companies. The reduction in Andra AP fonden's stake in First American Financial could signal broader market trends or changes in the fund's overall investment thesis.

The details

According to the 13F filing, Andra AP fonden sold 29,814 shares of First American Financial during the third quarter, reducing its total holdings to just 3,800 shares. The remaining stake was valued at $244,000 at the end of the quarter. The filing did not provide any additional context or rationale for the fund's decision to significantly decrease its position in the insurance provider.

  • Andra AP fonden filed its 13F report for the 3rd quarter of 2026 on March 2, 2026.

The players

Andra AP fonden

A Swedish national pension fund that manages assets on behalf of the Swedish public pension system.

First American Financial Corporation

An American insurance provider that offers title insurance, settlement services, and real estate data and analytics. The company is headquartered in Santa Ana, California.

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The takeaway

This transaction by Andra AP fonden reflects the ongoing shifts in the investment landscape, as major institutional investors continuously evaluate and adjust their portfolios to align with their strategic objectives and market conditions. The reduction in Andra AP fonden's stake in First American Financial could signal broader trends or changes in the fund's overall investment thesis, though the specific reasons behind the move are not clearly stated in the 13F filing.