MW Fiserv attracted hot money ahead of 44% stock-price nosedive
By Steve Goldstein
Fiserv was a popular stock for hedge funds.
Fiserv, the fintech whose stock dived 44% on Wednesday after a profit warning, was bought by hedge funds who actively trade stocks prior to the collapse.
Goldman Sachs's hedge-fund monitor, based on 13-F filings from 981 hedge funds, found 33 hedge funds buying into Fiserv $(FI)$ between April and June, to take the total to 107.
Only five other companies, led by Capital One Financial $(COF)$, saw a bigger increase in hedge-fund ownership.
Fiserv also made a Goldman Sachs-compiled list of stocks that mutual-fund managers were overweight. Value manager Dodge & Cox was the number-two shareholder, and Fiserv was the fifth-largest holding of the Dodge & Cox Stock Fund DODGX, according to FactSet.
The 13-F filings of course do not indicate what those funds did prior to the warning. Some probably exited: the stock did fall some 30% between the end of June and the profit warning.
-Steve Goldstein
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October 30, 2025 04:49 ET (08:49 GMT)
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