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 ($191.3m this quarter). Holder counts are more reliable. Shares outstanding: 534.8m as of 2026-02-13, 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 ≈ $67.30. Options: 42 managers hold calls ($1.0bn notional), 32 hold puts ($725.8m).
Trends to Q4 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 |
| Q4 2025 | 1,398 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| 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 |
| Q4 2025 | 561 | 1,186 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q1 2025 | $517.2m | $330.6m | 0.64 |
| Q2 2025 | $774.9m | $441.3m | 0.57 |
| Q3 2025 | $525.1m | $593.5m | 1.13 |
| Q4 2025 | $1.0bn | $725.8m | 0.70 |
Biggest buyers
| BANK OF AMERICA CORP /DE/ | Added | +11.7m |
| Dodge & Cox | Added | +10.8m |
| HARRIS ASSOCIATES L P | Added | +8.8m |
| Amundi | Added | +8.2m |
| FEDERATED HERMES, INC. | Added | +4.4m |
| VANGUARD GROUP INC | Added | +3.7m |
| D. E. Shaw & Co., Inc. | Added | +3.4m |
| JANA Partners Management, LP | New | +2.2m |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | Added | +1.8m |
| COOKE & BIELER LP | Added | +1.7m |
Biggest sellers
| Capital World Investors | Reduced | -20.9m |
| Lombard Odier Asset Management (Europe) Ltd | Sold out | -11.9m |
| PARNASSUS INVESTMENTS, LLC | Sold out | -4.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | Reduced | -3.5m |
| Pictet Asset Management Holding SA | Reduced | -3.1m |
| NATIONAL BANK OF CANADA /FI/ | Reduced | -2.4m |
| AMERIPRISE FINANCIAL INC | Reduced | -2.2m |
| JPMORGAN CHASE & CO | Reduced | -1.9m |
| CIBC Private Wealth Group LLC | Reduced | -1.9m |
| JANE STREET GROUP, LLC | Reduced | -1.9m |
Biggest calls
| HARRIS ASSOCIATES L P | New | $309.0m4.6m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $258.8m3.9m shares |
| CITADEL ADVISORS LLC | Added | $69.9m1.0m shares |
| JANE STREET GROUP, LLC | Added | $69.6m1.0m shares |
| GROUP ONE TRADING LLC | Added | $48.9m728.1k shares |
| IMC-Chicago, LLC | Added | $39.8m592.2k shares |
| Squarepoint Ops LLC | Added | $37.3m555.5k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $37.0m550.2k shares |
| SIMPLEX TRADING, LLC | Added | $31.8m474.1k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $21.5m320.3k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $201.4m3.0m shares |
| JANE STREET GROUP, LLC | Added | $157.3m2.3m shares |
| CITADEL ADVISORS LLC | Added | $63.5m944.7k shares |
| BNP PARIBAS FINANCIAL MARKETS | New | $60.5m9.0k shares |
| Squarepoint Ops LLC | Added | $57.5m855.5k shares |
| D. E. Shaw & Co., Inc. | Added | $39.6m589.5k shares |
| IMC-Chicago, LLC | Added | $28.9m430.2k shares |
| TUDOR INVESTMENT CORP ET AL | Added | $24.4m364.0k shares |
| CAPITAL FUND MANAGEMENT S.A. | Added | $13.3m197.6k shares |
| Walleye Capital LLC | Added | $11.5m171.3k 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 Q4 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 |
|---|---|---|---|---|---|
| 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 | — | — |
| Q4 2025 | 3 | $2.2m | 0 | — | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2025-12-02 | Rosman Adam L. Chief Admin. and Legal Officer | Bought | $499.2k7.9k shares |
| 2025-12-01 | Todd Paul M Chief Financial Officer | Bought | $1.1m17.0k shares |
| 2025-10-30 | FRITZ LANCE M Director | Bought | $651.8k10.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q4 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.05% of their portfolio | 52.2m $3.5bn | Added +3.7m |
| Dodge & Cox 1.79% of their portfolio | 49.5m $3.3bn | Added +10.8m |
| BlackRock, Inc. 0.05% of their portfolio | 42.0m $2.8bn | Added +1.7m |
| STATE STREET CORP 0.05% of their portfolio | 23.7m $1.6bn | Reduced -35.8k |
| HARRIS ASSOCIATES L P 1.33% of their portfolio | 15.6m $1.0bn | Added +8.8m |
| BANK OF AMERICA CORP /DE/ 0.07% of their portfolio | 13.4m $896.9m | Added +11.7m |
| GEODE CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 12.8m $854.2m | Added +850.7k |
| Amundi 0.22% of their portfolio | 12.3m $825.8m | Added +8.2m |
| MORGAN STANLEY 0.05% of their portfolio | 11.9m $798.1m | Added +1.2m |
| D. E. Shaw & Co., Inc. 0.52% of their portfolio | 10.1m $680.6m | Added +3.4m |
| NORGES BANK 0.06% of their portfolio | 8.3m $556.0m | Not comparable |
| Invesco Ltd. 0.04% of their portfolio | 6.0m $405.9m | Added +1.3m |
| NORTHERN TRUST CORP 0.05% of their portfolio | 5.4m $365.0m | Reduced -316.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.07% of their portfolio | 5.0m $335.9m | Added +771.8k |
| Capital World Investors 0.04% of their portfolio | 4.8m $325.5m | Reduced -20.9m |
| FEDERATED HERMES, INC. 0.49% of their portfolio | 4.4m $294.3m | Added +4.4m |
| BARCLAYS PLC 0.11% of their portfolio | 4.1m $276.2m | Added +583.6k |
| Legal & General Group Plc 0.06% of their portfolio | 3.7m $250.9m | Added +96.9k |
| DEUTSCHE BANK AG\ 0.08% of their portfolio | 3.7m $250.0m | Added +1.2m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.04% of their portfolio | 3.4m $225.3m | Added +177.3k |
| UBS Group AG 0.04% of their portfolio | 3.2m $218.1m | Reduced -1.1m |
| Longview Partners (Guernsey) LTD 2.28% of their portfolio | 3.2m $218.0m | Added +9.0k |
| GOLDMAN SACHS GROUP INC 0.03% of their portfolio | 3.2m $216.4m | Reduced -158.7k |
| FRANKLIN RESOURCES INC 0.05% of their portfolio | 3.2m $213.5m | Added +526.1k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 3.1m $209.8m | Reduced -1.9m |
| DIMENSIONAL FUND ADVISORS LP 0.04% of their portfolio | 2.9m $197.7m | Reduced -195.3k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.02% of their portfolio | 2.9m $197.4m | Reduced -372.9k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 2.9m $193.5m | Reduced -168.9k |
| PITTENGER & ANDERSON INC 7.44% of their portfolio | 2.9m $193.3m | Added +1.3k |
| FIL Ltd 0.14% of their portfolio | 2.9m $192.0m | Added +1.2m |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.73% of their portfolio | 2.8m $187.1m | Added +1.3m |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 1.58% of their portfolio | 2.6m $174.5m | Reduced -288.9k |
| HSBC HOLDINGS PLC 0.05% of their portfolio | 2.6m $173.0m | Added +1.5m |
| LAZARD ASSET MANAGEMENT LLC 0.27% of their portfolio | 2.4m $160.7m | Added +742.8k |
| BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio | 2.4m $159.4m | Added +1.6m |
| Sanders Capital, LLC 0.18% of their portfolio | 2.3m $154.0m | Reduced -8.7k |
| JANA Partners Management, LP 7.85% of their portfolio | 2.2m $150.8m | New |
| FMR LLC 0.01% of their portfolio | 2.2m $149.5m | Reduced -585.5k |
| COOKE & BIELER LP 1.55% of their portfolio | 2.2m $148.6m | Added +1.7m |
| BAUPOST GROUP LLC/MA 2.80% of their portfolio | 2.2m $147.8m | Added +1.3m |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.43% of their portfolio | 2.2m $145.0m | Added +192.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.12% of their portfolio | 2.1m $142.0m | Added +101.9k |
| HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 0.21% of their portfolio | 1.8m $124.2m | Added +1.8m |
| ROYAL BANK OF CANADA 0.02% of their portfolio | 1.8m $121.9m | Reduced -379.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.07% of their portfolio | 1.8m $121.9m | Added +250.3k |
| BRANDES INVESTMENT PARTNERS, LP 0.92% of their portfolio | 1.8m $121.3m | Added +202.9k |
| CITADEL ADVISORS LLC 0.08% of their portfolio | 1.8m $120.5m | Added +725.2k |
| Nuveen, LLC 0.03% of their portfolio | 1.8m $119.5m | Reduced -369.5k |
| MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio | 1.8m $119.2m | Added +503.0k |
| Capitolis Liquid Global Markets LLC 0.68% of their portfolio | 1.7m $114.1m | Added +173.2k |
| MAIRS & POWER INC 1.06% of their portfolio | 1.6m $110.4m | Reduced -106.7k |
| AQR CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.5m $100.2m | Reduced -69.9k |
| Swiss National Bank 0.06% of their portfolio | 1.5m $100.1m | Reduced -108.6k |
| Vulcan Value Partners, LLC 1.74% of their portfolio | 1.4m $96.5m | Added +634.5k |
| Holocene Advisors, LP 0.20% of their portfolio | 1.4m $96.1m | Added +1.3m |
| Squarepoint Ops LLC 0.19% of their portfolio | 1.4m $95.4m | Reduced -761.4k |
| TWO SIGMA INVESTMENTS, LP 0.14% of their portfolio | 1.4m $95.2m | Reduced -276.4k |
| Assenagon Asset Management S.A. 0.14% of their portfolio | 1.4m $93.2m | Reduced -616.8k |
| Sumitomo Mitsui Trust Group, Inc. 0.05% of their portfolio | 1.3m $87.5m | Reduced -40.3k |
| RAYMOND JAMES FINANCIAL INC 0.03% of their portfolio | 1.3m $87.2m | Reduced -1.1m |
| CANADA PENSION PLAN INVESTMENT BOARD 0.06% of their portfolio | 1.3m $86.5m | Added +121.9k |
| PRUDENTIAL FINANCIAL INC 0.10% of their portfolio | 1.2m $80.1m | Added +884.9k |
| Quadrature Capital Ltd 0.81% of their portfolio | 1.2m $79.6m | Added +706.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.02% of their portfolio | 1.1m $77.2m | Reduced -3.5m |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.05% of their portfolio | 1.1m $75.2m | Added +45.8k |
| Swedbank AB 0.07% of their portfolio | 1.1m $76.7m | Reduced -699.7k |
| AustralianSuper Pty Ltd 0.35% of their portfolio | 1.1m $74.3m | Added +1.1m |
| Bank Julius Baer & Co. Ltd, Zurich 0.20% of their portfolio | 1.1m $71.4m | Reduced -224.9k |
| Qube Research & Technologies Ltd 0.10% of their portfolio | 1.1m $71.2m | Reduced -1.1m |
| California Public Employees Retirement System 0.04% of their portfolio | 1.0m $70.4m | Reduced -284.8k |
| CITIGROUP INC 0.05% of their portfolio | 1.0m $69.9m | Reduced -431.9k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.08% of their portfolio | 1.0m $69.0m | Added +643.0k |
| RHUMBLINE ADVISERS 0.06% of their portfolio | 1.0m $68.1m | Reduced -17.1k |
| TUDOR INVESTMENT CORP ET AL 0.37% of their portfolio | 1.0m $68.0m | Added +781.1k |
| ALLIANCEBERNSTEIN L.P. 0.02% of their portfolio | 1.0m $67.7m | Reduced -1.7m |
| Nearwater Capital Markets, Ltd 1.14% of their portfolio | 995.0k $66.8m | Unchanged |
| BANK OF NOVA SCOTIA 0.10% of their portfolio | 981.0k $65.9m | Added +810.2k |
| National Pension Service 0.05% of their portfolio | 978.8k $65.7m | Reduced -239.0k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.06% of their portfolio | 965.2k $64.8m | Added +46.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.09% of their portfolio | 949.2k $63.8m | Added +6.4k |
| NEW SOUTH CAPITAL MANAGEMENT INC 2.72% of their portfolio | 881.5k $59.2m | Added +373.5k |
| Point72 Asset Management, L.P. 0.09% of their portfolio | 873.3k $58.7m | Added +872.4k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.08% of their portfolio | 859.2k $57.7m | Added +348.6k |
| Danica Pension, Livsforsikringsaktieselskab 0.83% of their portfolio | 853.1k $57.3m | Reduced -184.6k |
| SUMMITRY LLC 2.17% of their portfolio | 776.2k $52.1m | Reduced -92.3k |
| Mondrian Investment Partners LTD 0.86% of their portfolio | 772.7k $51.9m | New |
| LPL Financial LLC 0.01% of their portfolio | 762.7k $51.2m | Added +127.1k |
| Slate Path Capital LP 0.66% of their portfolio | 727.4k $48.9m | New |
| Aquatic Capital Management LLC 1.37% of their portfolio | 719.0k $48.3m | Added +436.4k |
| NEUBERGER BERMAN GROUP LLC 0.04% of their portfolio | 703.5k $47.3m | Reduced -1.6m |
| MARSHALL WACE, LLP 0.05% of their portfolio | 699.7k $47.0m | Reduced -583.3k |
| CAPITAL FUND MANAGEMENT S.A. 0.44% of their portfolio | 695.1k $46.7m | Added +302.8k |
| Quantinno Capital Management LP 0.09% of their portfolio | 646.1k $43.4m | Added +444.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.02% of their portfolio | 629.0k $42.3m | Added +24.2k |
| Bowie Capital Management, LLC 1.74% of their portfolio | 628.9k $42.2m | Reduced -132.7k |
| WELLS FARGO & COMPANY/MN 0.01% of their portfolio | 625.3k $42.0m | Reduced -872.5k |
| MILFORD FUNDS LTD 0.80% of their portfolio | 608.2k $40.9m | First filing |
| Davis Selected Advisers 0.17% of their portfolio | 569.0k $38.2m | New |
| BLAIR WILLIAM & CO/IL 0.10% of their portfolio | 568.6k $38.2m | Reduced -1.4m |
| Welch & Forbes LLC 0.45% of their portfolio | 557.4k $37.4m | Reduced -315.0k |