FISERV INC FISV
COM · Common Stock · CUSIP 337738108 · ISIN US3377381088
American financial services company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersMilwaukee, WI
- Founded1984
- Websitefiserv.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($299.1m this quarter). Holder counts are more reliable. Shares outstanding: 537.9m as of 2025-10-24, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $128.86. Options: 43 managers hold calls ($525.1m notional), 40 hold puts ($593.5m).
Trends to Q3 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 1,345 |
| Q4 2022 | 1,431 |
| Q1 2023 | 1,435 |
| Q2 2023 | 1,476 |
| Q3 2023 | 1,491 |
| Q4 2023 | 1,591 |
| Q1 2024 | 1,645 |
| Q2 2024 | 1,669 |
| Q3 2024 | 1,728 |
| Q4 2024 | 1,902 |
| Q1 2025 | 1,940 |
| Q2 2025 | 1,849 |
| Q3 2025 | 1,734 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2023 | 656 | 704 |
| Q1 2024 | 711 | 771 |
| Q2 2024 | 760 | 713 |
| Q3 2024 | 738 | 789 |
| Q4 2024 | 772 | 825 |
| Q1 2025 | 783 | 931 |
| Q2 2025 | 908 | 907 |
| Q3 2025 | 797 | 940 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q4 2024 | $414.9m | $492.5m | 1.19 |
| Q1 2025 | $517.2m | $330.6m | 0.64 |
| Q2 2025 | $774.9m | $441.3m | 0.57 |
| Q3 2025 | $525.1m | $593.5m | 1.13 |
Biggest buyers
| Lombard Odier Asset Management (Europe) Ltd | New | +11.9m |
| Dodge & Cox | Added | +8.9m |
| Capital World Investors | Added | +6.7m |
| D. E. Shaw & Co., Inc. | Added | +4.3m |
| UBS Group AG | Added | +2.5m |
| NATIONAL BANK OF CANADA /FI/ | Added | +2.0m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | New | +2.0m |
| BARCLAYS PLC | Added | +1.9m |
| Capitolis Liquid Global Markets LLC | Added | +1.5m |
| HARRIS ASSOCIATES L P | Added | +1.4m |
Biggest sellers
| PRICE T ROWE ASSOCIATES INC /MD/ | Reduced | -15.4m |
| Nuveen, LLC | Reduced | -5.5m |
| FMR LLC | Reduced | -3.2m |
| ROYAL BANK OF CANADA | Reduced | -3.1m |
| BESSEMER GROUP INC | Reduced | -2.5m |
| ALLIANCEBERNSTEIN L.P. | Reduced | -2.0m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -1.9m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Reduced | -1.9m |
| JPMORGAN CHASE & CO | Reduced | -1.5m |
| VANGUARD GROUP INC | Reduced | -1.4m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $135.5m1.1m shares |
| CITADEL ADVISORS LLC | Added | $113.1m877.1k shares |
| IMC-Chicago, LLC | Added | $31.9m247.8k shares |
| JANE STREET GROUP, LLC | Reduced | $29.6m229.3k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $23.3m181.0k shares |
| WOLVERINE TRADING, LLC | Added | $22.6m173.2k shares |
| HSBC HOLDINGS PLC | Added | $20.9m162.0k shares |
| Squarepoint Ops LLC | Added | $20.8m161.7k shares |
| SIMPLEX TRADING, LLC | Added | $20.8m227.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $18.2m141.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $168.5m1.3m shares |
| CITADEL ADVISORS LLC | Added | $88.2m683.8k shares |
| Squarepoint Ops LLC | Added | $87.6m679.8k shares |
| IMC-Chicago, LLC | Added | $33.7m261.7k shares |
| JANE STREET GROUP, LLC | Added | $25.2m195.4k shares |
| SIMPLEX TRADING, LLC | Added | $23.2m180.3k shares |
| MARSHALL WACE, LLP | New | $22.2m172.0k shares |
| WOLVERINE TRADING, LLC | Added | $20.8m159.1k shares |
| Balyasny Asset Management L.P. | Added | $17.7m137.5k shares |
| CAPITAL FUND MANAGEMENT S.A. | New | $15.5m120.2k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| DODGE & COX 13G · institution +2.1 pts · filed 2026-02-13 | 9.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.2% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q3 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2023 | 0 | — | 5 | $42.9m | $27.6m |
| Q1 2024 | 0 | — | 1 | $13.4m | $3.6m |
| Q2 2024 | 0 | — | 2 | $11.3m | $10.9m |
| Q3 2024 | 0 | — | 3 | $36.6m | $33.4m |
| Q4 2024 | 0 | — | 3 | $18.6m | — |
| Q1 2025 | 0 | — | 3 | $14.2m | $406.0k |
| Q2 2025 | 0 | — | 2 | $1.3m | $403.6k |
| Q3 2025 | 0 | — | 0 | — | — |
None reported in Q3 2025.
Holders, Q3 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.09% of their portfolio | 48.5m $6.3bn | Reduced -1.4m |
| BlackRock, Inc. 0.09% of their portfolio | 40.3m $5.2bn | Added +233.9k |
| Dodge & Cox 2.69% of their portfolio | 38.6m $5.0bn | Added +8.9m |
| Capital World Investors 0.45% of their portfolio | 25.8m $3.3bn | Added +6.7m |
| STATE STREET CORP 0.11% of their portfolio | 23.7m $3.1bn | Reduced -428.1k |
| Lombard Odier Asset Management (Europe) Ltd 0.79% of their portfolio | 11.9m $15.4m | New |
| GEODE CAPITAL MANAGEMENT, LLC 0.10% of their portfolio | 11.9m $1.5bn | Reduced -199.9k |
| MORGAN STANLEY 0.08% of their portfolio | 10.7m $1.4bn | Reduced -213.8k |
| D. E. Shaw & Co., Inc. 0.71% of their portfolio | 6.8m $874.0m | Added +4.3m |
| HARRIS ASSOCIATES L P 1.40% of their portfolio | 6.8m $872.1m | Added +1.4m |
| NORTHERN TRUST CORP 0.09% of their portfolio | 5.7m $741.3m | Reduced -227.0k |
| JPMORGAN CHASE & CO 0.02% of their portfolio | 5.1m $652.0m | Reduced -1.5m |
| Invesco Ltd. 0.10% of their portfolio | 4.8m $617.4m | Reduced -346.1k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.19% of their portfolio | 4.6m $597.9m | Reduced -1.9m |
| UBS Group AG 0.11% of their portfolio | 4.3m $554.3m | Added +2.5m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.12% of their portfolio | 4.2m $545.3m | Reduced -1.2m |
| PARNASSUS INVESTMENTS, LLC 1.22% of their portfolio | 4.1m $529.6m | Reduced -96.0k |
| Amundi 0.16% of their portfolio | 4.1m $508.6m | Added +285.7k |
| Legal & General Group Plc 0.11% of their portfolio | 3.6m $469.1m | Added +131.9k |
| Pictet Asset Management Holding SA 0.44% of their portfolio | 3.6m $458.6m | Added +371.3k |
| BARCLAYS PLC 0.17% of their portfolio | 3.5m $455.0m | Added +1.9m |
| GOLDMAN SACHS GROUP INC 0.06% of their portfolio | 3.4m $435.8m | Added +479.7k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.05% of their portfolio | 3.3m $427.0m | Reduced -15.4m |
| Longview Partners (Guernsey) LTD 4.36% of their portfolio | 3.2m $417.3m | Added +581.5k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.07% of their portfolio | 3.2m $409.6m | Reduced -580.0k |
| DIMENSIONAL FUND ADVISORS LP 0.09% of their portfolio | 3.1m $404.7m | Added +607.2k |
| Bank of New York Mellon Corp 0.07% of their portfolio | 3.0m $393.1m | Reduced -363.2k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 3.18% of their portfolio | 2.9m $362.1m | Added +109.4k |
| PITTENGER & ANDERSON INC 13.60% of their portfolio | 2.9m $371.0m | Reduced -4.6k |
| FMR LLC 0.02% of their portfolio | 2.8m $362.4m | Reduced -3.2m |
| ALLIANCEBERNSTEIN L.P. 0.11% of their portfolio | 2.7m $353.3m | Reduced -2.0m |
| FRANKLIN RESOURCES INC 0.09% of their portfolio | 2.7m $342.0m | Added +10.4k |
| DEUTSCHE BANK AG\ 0.11% of their portfolio | 2.5m $324.9m | Added +309.1k |
| AMERIPRISE FINANCIAL INC 0.07% of their portfolio | 2.5m $316.9m | Reduced -113.7k |
| JANE STREET GROUP, LLC 0.36% of their portfolio | 2.4m $311.6m | Added +995.0k |
| RAYMOND JAMES FINANCIAL INC 0.10% of their portfolio | 2.4m $306.7m | Reduced -275.0k |
| NATIONAL BANK OF CANADA /FI/ 0.35% of their portfolio | 2.4m $306.2m | Added +2.0m |
| Sanders Capital, LLC 0.36% of their portfolio | 2.3m $296.7m | Added +21.6k |
| NEUBERGER BERMAN GROUP LLC 0.22% of their portfolio | 2.3m $295.3m | Reduced -567.8k |
| ROYAL BANK OF CANADA 0.05% of their portfolio | 2.2m $282.9m | Reduced -3.1m |
| Squarepoint Ops LLC 0.60% of their portfolio | 2.2m $281.3m | Added +839.4k |
| Qube Research & Technologies Ltd 0.39% of their portfolio | 2.2m $278.3m | Added +864.2k |
| Nuveen, LLC 0.07% of their portfolio | 2.1m $277.0m | Reduced -5.5m |
| CIBC Private Wealth Group LLC 0.44% of their portfolio | 2.0m $259.3m | Reduced -34.4k |
| Assenagon Asset Management S.A. 0.38% of their portfolio | 2.0m $258.4m | Reduced -35.2k |
| NORDEA INVESTMENT MANAGEMENT AB 0.23% of their portfolio | 2.0m $258.9m | Added +78.2k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.79% of their portfolio | 2.0m $253.6m | New |
| BLAIR WILLIAM & CO/IL 0.66% of their portfolio | 1.9m $249.5m | Reduced -172.5k |
| Swedbank AB 0.24% of their portfolio | 1.8m $237.5m | Added +253.2k |
| MAIRS & POWER INC 2.12% of their portfolio | 1.7m $225.6m | Added +17.3k |
| TWO SIGMA INVESTMENTS, LP 0.34% of their portfolio | 1.7m $218.4m | Added +1.4m |
| FIL Ltd 0.17% of their portfolio | 1.7m $218.0m | Added +1.4m |
| ENVESTNET ASSET MANAGEMENT INC 0.06% of their portfolio | 1.7m $213.0m | Reduced -228.7k |
| LAZARD ASSET MANAGEMENT LLC 0.29% of their portfolio | 1.6m $212.6m | Added +278.7k |
| BANK OF AMERICA CORP /DE/ 0.02% of their portfolio | 1.6m $212.1m | Reduced -605.9k |
| BRANDES INVESTMENT PARTNERS, LP 1.66% of their portfolio | 1.6m $206.6m | Added +436.7k |
| Swiss National Bank 0.12% of their portfolio | 1.6m $206.1m | Reduced -92.7k |
| Bridgewater Associates, LP 0.80% of their portfolio | 1.6m $205.4m | Added +331.3k |
| KENSICO CAPITAL MANAGEMENT CORP 3.15% of their portfolio | 1.6m $204.4m | Added +39.2k |
| Focused Investors LLC 6.20% of their portfolio | 1.6m $202.6m | Added +288.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.13% of their portfolio | 1.6m $201.7m | Reduced -86.9k |
| TIMUCUAN ASSET MANAGEMENT INC/FL 5.90% of their portfolio | 1.6m $201.3m | Added +351.3k |
| AQR CAPITAL MANAGEMENT LLC 0.13% of their portfolio | 1.6m $201.3m | Added +1.2m |
| Capitolis Liquid Global Markets LLC 1.57% of their portfolio | 1.5m $196.7m | Added +1.5m |
| JARISLOWSKY, FRASER Ltd 1.07% of their portfolio | 1.5m $194.5m | Added +125.5k |
| WELLS FARGO & COMPANY/MN 0.04% of their portfolio | 1.5m $193.1m | Added +200.4k |
| Navera Investment Management Ltd. 3.69% of their portfolio | 1.5m $192.9m | Reduced -323.3k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.83% of their portfolio | 1.5m $192.9m | Added +503.3k |
| CITIGROUP INC 0.13% of their portfolio | 1.5m $189.9m | Reduced -138.0k |
| NorthCoast Asset Management LLC 0.70% of their portfolio | 1.4m $180.1m | Added +563.6k |
| PROVIDENT TRUST CO 3.00% of their portfolio | 1.4m $180.0m | Added +24.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.10% of their portfolio | 1.3m $173.1m | Reduced -27.4k |
| California Public Employees Retirement System 0.10% of their portfolio | 1.3m $171.8m | Reduced -149.2k |
| Bank Julius Baer & Co. Ltd, Zurich 0.47% of their portfolio | 1.3m $165.7m | Added +48.2k |
| MARSHALL WACE, LLP 0.18% of their portfolio | 1.3m $165.4m | Reduced -785.6k |
| MILLENNIUM MANAGEMENT LLC 0.13% of their portfolio | 1.3m $163.9m | Reduced -49.4k |
| National Pension Service 0.12% of their portfolio | 1.2m $157.0m | Added +31.0k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.11% of their portfolio | 1.2m $150.3m | Added +764.5k |
| Scharf Investments, LLC 3.67% of their portfolio | 1.1m $145.8m | Reduced -25.0k |
| HSBC HOLDINGS PLC 0.08% of their portfolio | 1.1m $141.7m | Reduced -100.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.10% of their portfolio | 1.1m $142.0m | Added +32.8k |
| BROWN ADVISORY INC 0.18% of their portfolio | 1.1m $140.2m | Added +88.9k |
| CITADEL ADVISORS LLC 0.11% of their portfolio | 1.1m $137.8m | Added +786.2k |
| Danica Pension, Livsforsikringsaktieselskab 2.06% of their portfolio | 1.0m $133.8m | Reduced -19.7k |
| RHUMBLINE ADVISERS 0.11% of their portfolio | 1.0m $132.9m | Reduced -8.1k |
| Nearwater Capital Markets, Ltd 1.72% of their portfolio | 995.0k $128.3m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.16% of their portfolio | 963.4k $124.2m | Added +229.5k |
| MACQUARIE GROUP LTD 0.14% of their portfolio | 957.9k $123.5m | Added +86.2k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.16% of their portfolio | 942.8k $121.6m | Added +38.2k |
| APPALOOSA LP 1.62% of their portfolio | 925.0k $119.3m | New |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.12% of their portfolio | 918.3k $118.4m | Added +1.9k |
| BAUPOST GROUP LLC/MA 2.41% of their portfolio | 895.0k $115.4m | Unchanged |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.38% of their portfolio | 873.0k $112.6m | Added +403.6k |
| Welch & Forbes LLC 1.35% of their portfolio | 872.4k $112.5m | Added +6.6k |
| SUMMITRY LLC 4.73% of their portfolio | 868.5k $112.0m | Added +329.2k |
| Baird Financial Group, Inc. 0.18% of their portfolio | 854.4k $110.2m | Added +33.6k |
| Vulcan Value Partners, LLC 1.87% of their portfolio | 803.2k $103.4m | New |
| Alyeska Investment Group, L.P. 0.31% of their portfolio | 779.9k $100.5m | Added +712.9k |
| TURTLE CREEK ASSET MANAGEMENT INC. 3.03% of their portfolio | 777.5k $100.2m | New |
| Bowie Capital Management, LLC 4.42% of their portfolio | 761.6k $98.2m | Added +101.3k |