Fiserv’s (FI) Slid on Slower Growth in Its Clover Payment Segment

Madison Investments, an investment advisor, released its “Madison Large Cap Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The fund decreased 2.2% in the third quarter compared to an 8.1% gain for the S&P 500 Index. The current market focus on short-term profits led the fund to underperform the benchmark considerably in the quarter. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Fiserv, Inc. (NYSE:FI). Fiserv, Inc. (NYSE:FI) is a leading financial technology company that provides payment and fintech services. The one-month return of Fiserv, Inc. (NYSE:FI) was -48.60%, and its shares lost 70.20% of their value over the last 52 weeks. On November 10, 2025, Fiserv, Inc. (NYSE:FI) stock closed at $63.80 per share, with a market capitalization of $34.31 billion.

Madison Large Cap Fund stated the following regarding Fiserv, Inc. (NYSE:FI) in its third quarter 2025 investor letter:

“The bottom five detractors for the quarter were Gartner, Fiserv, Inc. (NYSE:FI), Texas Instruments, Liberty Broadband, and Accenture. Fiserv’s shares sold off in the quarter due to concerns over modest volume growth at its Clover payment processing unit. Fiserv’s other businesses are performing well, and we believe the slowdown at Clover is due to transitory factors and that growth will pick back up.”

Is Visa Inc. (V) the Best Blue Chip Stock to Buy for 2025?

Fiserv, Inc. (NYSE:FI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 94 hedge fund portfolios held Fiserv, Inc. (NYSE:FI) at the end of the second quarter, up from 72 in the previous quarter. While we acknowledge the risk and potential of Fiserv, Inc. (NYSE:FI) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Fiserv, Inc. (NYSE:FI) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Fiserv, Inc. (NYSE:FI) and shared The London Company Large Cap Strategy’s views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.