Giverny Capital Asset Management, LLC released its second-quarter 2025 investor letter, reporting a 5.41% gain in the first half of the year. The portfolio returned 9.11% in the quarter ended June, slightly lagging behind the S&P 500’s 10.94% return. Top holdings for 2025 are also available for review.

Fiserv, Inc. (NYSE: FI) was highlighted in Giverny Capital Asset Management’s second-quarter 2025 letter. The stock had a one-month return of -21.45% and lost 14.04% over the last 52 weeks, closing at $134.28 per share on August 5, 2025. It is not among the 30 most popular stocks among hedge funds.

In the same quarter, Giverny Capital Asset Management added to its position in Fiserv, Inc. (NYSE: FI). The company reported slower growth for its Clover payment processing business, causing the stock to drop by 30% when growth was at 8% instead of the expected 10%. The fund sees potential in Fiserv but believes certain AI stocks offer greater upside potential.

Adjusted revenue for Fiserv, Inc. (NYSE: FI) grew 8% to $5.2 billion in the second quarter of 2025. While the company has investment potential, Giverny Capital Asset Management believes certain AI stocks offer better prospects with less downside risk. The fund’s investor letter is available for further insights.

Read more at Yahoo Finance: What Makes Fiserv (FI) an Investment Bet?