13FPulse
FA

FAF FIRST AMERICAN FINANCIAL

2026Q2 · CUSIP 31847R102 · Sector: Financials

Piling in

Net holder growth ranks near the top of the market

Funds that own it
459
Institutions that reported holding it to the SEC
Net increase in holders
+24
Last quarter 435 → now 459
How unusual is that
Top 20%
Stronger buying than 86% of US stocks
What the filings say, in one paragraph

459 funds held FAF at the end of 2026Q2, up 24 from the quarter before. That is stronger buying than 86.1% of US stocks — among the most piled-into names this quarter. On the business itself, revenue over the last 12 months was $8.0B(YoY +22.6%), the P/E is 10.3x, return on equity is 13.3%. FAF has had 17 buying rushes in its history, and the price moved +2.7% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Financials sector.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2013Q3: holders=191 2013Q4: holders=200 2014Q1: holders=192 2014Q2: holders=195 2014Q3: holders=186 2014Q4: holders=195 2015Q1: holders=219 2015Q2: holders=217 2015Q3: holders=252 2015Q4: holders=234 2016Q1: holders=235 2016Q2: holders=257 2016Q3: holders=284 2016Q4: holders=311 2017Q1: holders=290 2017Q2: holders=315 2017Q3: holders=307 2017Q4: holders=349 2018Q1: holders=375 2018Q2: holders=365 2018Q3: holders=377 2018Q4: holders=365 2019Q1: holders=363 2019Q2: holders=384 2019Q3: holders=409 2019Q4: holders=434 2020Q1: holders=398 2020Q2: holders=383 2020Q3: holders=393 2020Q4: holders=416 2021Q1: holders=410 2021Q2: holders=412 2021Q3: holders=422 2021Q4: holders=441 2022Q1: holders=422 2022Q2: holders=385 2022Q3: holders=362 2022Q4: holders=364 2023Q1: holders=366 2023Q2: holders=349 2023Q3: holders=366 2023Q4: holders=386 2024Q1: holders=406 2024Q2: holders=388 2024Q3: holders=393 2024Q4: holders=405 2025Q1: holders=442 2025Q2: holders=423 2025Q3: holders=439 2025Q4: holders=451 2026Q1: holders=435 2026Q2: holders=459 -42 -21 +0 +21 +42 167325482 13Q315Q116Q318Q119Q321Q122Q324Q125Q326Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 17 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2026Q2 Top 20%
2025Q1 Top 5% +7.4% +3.5%
2024Q1 Top 20% +8.7% +15.0%
2023Q3 Top 20% +4.1% +4.8%
2021Q3 Top 20% -10.3% -20.8%
2019Q4 Top 20% -31.5% -20.4%
2019Q3 Top 10% +3.1% -23.0%
2019Q2 Top 10% +11.1% +15.3%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
203
Change in large funds
+23
Total value they hold
$6.8B
Funds buying for the first time
81
Funds that sold out entirely
57
Price change that quarter
+8.6%
Funds holding puts (bearish)
2
Funds holding calls (bullish)
2

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
10.3
EPS (TTM)
$7.21
EPS YoY
+296.1%
Revenue (TTM)
$8.0B
Revenue YoY
+22.6%
Net margin
9.3%
ROE
13.3%
Debt ratio
70.2%
FCF (TTM)
$832M
Dividend (TTM)
$2.20
Quarterly Revenue & EPS
2022-09-30: EPS 0.02 2022-12-31: EPS 0.54 2023-03-31: EPS 0.44 2023-06-30: EPS 1.33 2023-09-30: EPS -0.02 2023-12-31: EPS 0.32 2024-03-31: EPS 0.45 2024-06-30: EPS 1.11 2024-09-30: EPS -1.00 2024-12-31: EPS 0.70 2025-03-31: EPS 0.71 2025-06-30: EPS 1.41 2025-09-30: EPS 1.84 2025-12-31: EPS 2.04 2026-03-31: EPS 1.21 2026-06-30: EPS 2.12 0B 1.3B 2.6B $B -1.10 0.62 2.33 2016201720182019202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
4Y median 26 9 41 73 2023202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-155M113M381M 20162017201820192020202120222023202420252026
Latest quarter $-33M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.