Melvin Capital’s Top 5 Stock Holdings

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1. Fiserv, Inc. (NASDAQ: FISV)

Melvin Capital has also been holding a long position in Fiserv, Inc. (NASDAQ: FISV) since 2019. It is the largest stock holding of its 13F portfolio, accounting for 5.40% of the overall portfolio. The shares of fintech underperformed in the last twelve months. Despite that, Melvin has raised a stake by 26% in Fiserv during the September quarter. Fiserv has generated 21% revenue growth in the latest quarter.

“Fiserv again delivered excellent financial results and free cash flow in an environment that continues to be impacted by a global pandemic,” said Frank Bisignano, President and Chief Executive Officer of Fiserv. “Our focus on serving clients with excellence has never been more important and has translated to another strong quarter of robust sales growth and continuing revenue momentum.”

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Disclosure: None.

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