Vanguard Trims Fiserv Stake to 7.8% as of Dec 29, 2023

Ticker: FISV · Form: SC 13G/A · Filed: 2024-02-13T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, passive-investment, amendment, stake-change

TL;DR

**Vanguard slightly cut its Fiserv stake to 7.8% as of year-end 2023.**

AI Summary

The Vanguard Group, a major investment firm, filed an amended SC 13G/A on February 13, 2024, disclosing its ownership in Fiserv Inc. As of December 29, 2023, Vanguard beneficially owned 49,977,208 shares of Fiserv's Common Stock, representing 7.8% of the company. This is a slight decrease from their previous filing, indicating a minor adjustment in their passive investment in Fiserv. For investors, this shows that a significant institutional holder maintains a large, albeit slightly reduced, stake in Fiserv, which can influence stock stability and investor confidence.

Why It Matters

This filing reveals Vanguard's updated ownership in Fiserv, showing a slight reduction in their stake, which can signal a minor shift in their passive investment strategy for the company.

Risk Assessment

Risk Level: low — The change in ownership is minor and from a passive institutional investor, posing low immediate risk to the stock.

Analyst Insight

Investors should note that a major institutional holder like Vanguard has slightly reduced its stake, which could be a minor rebalancing rather than a bearish signal. It's worth monitoring future filings for any more significant changes in institutional ownership.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the primary purpose of this SC 13G/A filing by The Vanguard Group regarding Fiserv Inc.?

The primary purpose of this SC 13G/A filing is to amend a previous Schedule 13G, disclosing The Vanguard Group's updated beneficial ownership of Fiserv Inc. Common Stock as of December 29, 2023, in accordance with Rule 13d-1(b).

How many shares of Fiserv Inc. Common Stock does The Vanguard Group beneficially own, and what percentage of the class does this represent?

As of December 29, 2023, The Vanguard Group beneficially owns 49,977,208 shares of Fiserv Inc. Common Stock, which represents 7.8% of the class.

What is the breakdown of The Vanguard Group's voting and dispositive power over these Fiserv Inc. shares?

The Vanguard Group has sole voting power over 0 shares, shared voting power over 779,969 shares, sole dispositive power over 49,197,239 shares, and shared dispositive power over 779,969 shares.

When was the event date that triggered this filing?

The date of the event which required the filing of this statement was December 29, 2023.

What is the CUSIP number for Fiserv Inc.'s Common Stock mentioned in the filing?

The CUSIP number for Fiserv Inc.'s Common Stock is 337738108.

From the Filing

0001104659-24-020945.txt : 20240213 0001104659-24-020945.hdr.sgml : 20240213 20240213170436 ACCESSION NUMBER: 0001104659-24-020945 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FISERV INC CENTRAL INDEX KEY: 0000798354 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 391506125 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-37881 FILM NUMBER: 24628341 BUSINESS ADDRESS: STREET 1: 255 FISERV DR STREET 2: PO BOX 979 CITY: BROOKFIELD STATE: WI ZIP: 53045 BUSINESS PHONE: 4148795000 MAIL ADDRESS: STREET 1: 255 FISERV DRIVE CITY: BROOKFIELD STATE: WI ZIP: 53045 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv0945-fiservinc.htm SCHEDULE 13G/A fiservinc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 14)* Name of issuer:  Fiserv Inc Title of Class of Securities:  Common Stock CUSIP Number:  337738108 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  337738108 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 779,969 7.  SOLE DISPOSITIVE POWER 47,517,556 8.  SHARED DISPOSITIVE POWER 2,567,446 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 50,085,002 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 8.34% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Fiserv Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 255 Fiserv Drive Brookfield, WI 53008-0979 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(e) - CUSIP Number 337738108 Item 3 - Type of Filing: This statement is being file

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