Here’s What Lifted Fiserv (FI) in Q1

Madison Investments, an investment advisor, released its “Madison Large Cap Fund” first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund (Class I) decreased 0.93% compared to the 4.27% decline for the S&P 500 index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its first-quarter 2025 investor letter, Madison Large Cap Fund highlighted stocks such as Fiserv, Inc. (NYSE:FI). Fiserv, Inc. (NYSE:FI) is a payment and fintech services provider. The one-month return of Fiserv, Inc. (NYSE:FI) was -19.29%, and its shares gained 13.48% of their value over the last 52 weeks. On April 24, 2025, Fiserv, Inc. (NYSE:FI) stock closed at $176.90 per share with a market capitalization of $98.812 billion.

Madison Large Cap Fund stated the following regarding Fiserv, Inc. (NYSE:FI) in its Q1 2025 investor letter:

“Fiserv, Inc. (NYSE:FI) and Alcon were also contributors in the quarter. Fiserv continues to do a nice job growing payment volumes, driven in large part by successfully taking market share with its Clover point of sale software terminal for small and medium sized businesses.”

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Fiserv, Inc. (NYSE:FI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 80 hedge fund portfolios held Fiserv, Inc. (NYSE:FI) at the end of the fourth quarter which was 71 in the previous quarter. While we acknowledge the potential of Fiserv, Inc. (NYSE:FI) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

In another article, we covered Fiserv, Inc. (NYSE:FI) and shared the list of stocks with buy ratings that hedge funds back immensely. In addition, please check out our hedge fund investor letters Q1 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.