Magnetar Financial Cuts Stake in First American Financial

Hedge fund reduces holdings in insurance provider by nearly 19% in Q3

Mar. 11, 2026 at 10:50am

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Magnetar Financial LLC lowered its position in First American Financial Corporation (NYSE:FAF) by 18.9% in the third quarter, according to the company's latest 13F filing with the Securities & Exchange Commission. The hedge fund now owns 95,997 shares of the insurance provider's stock, down from 118,354 shares previously.

Why it matters

This filing provides insight into the investment strategy and portfolio changes of Magnetar Financial, a prominent hedge fund. Reductions in holdings can signal a shift in the fund's outlook or investment thesis for a particular stock.

The details

Magnetar Financial sold 22,357 shares of First American Financial during the third quarter, reducing its total stake to 95,997 shares. The hedge fund now owns about 0.09% of the insurance provider's outstanding shares, down from 0.11% previously.

  • Magnetar Financial filed its 13F report for the third quarter of 2026 on March 11, 2026.

The players

Magnetar Financial LLC

A hedge fund that manages investments across a variety of asset classes.

First American Financial Corporation

A leading provider of title insurance, settlement services and real estate data analytics, headquartered in Santa Ana, California.

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The takeaway

This filing highlights the ongoing shifts in institutional investor holdings of First American Financial stock, which could signal changes in market sentiment or investment strategies for the insurance provider.