Madison Investments released its third-quarter 2025 investor letter for the Madison Large Cap Fund, revealing a 2.2% decrease compared to the S&P 500 Index’s 8.1% gain. The fund underperformed the benchmark due to the market’s focus on short-term profits, impacting its performance significantly in the quarter.

One of the highlighted stocks in the Madison Large Cap Fund’s investor letter was Fiserv, Inc. (NYSE:FI), a financial technology company. Fiserv, Inc. (NYSE:FI) experienced a one-month return of -48.60% and lost 70.20% of its value over the last 52 weeks, closing at $63.80 per share on November 10, 2025.

Fiserv, Inc. (NYSE:FI) faced challenges in the quarter due to modest volume growth concerns at its Clover payment processing unit. However, Madison Large Cap Fund believes the slowdown at Clover is temporary and expects growth to resume, as Fiserv’s other businesses are performing well despite the setback.

While Fiserv, Inc. (NYSE:FI) is not among the 30 Most Popular Stocks Among Hedge Funds, its potential as an investment is recognized. However, certain AI stocks may offer greater upside potential with less downside risk. Investors seeking undervalued AI stocks can explore opportunities that align with market trends.

In another article, The London Company Large Cap Strategy shared insights on Fiserv, Inc. (NYSE:FI). For more investor letters from hedge funds and leading investors, visit the hedge fund investor letters Q3 2025 page. Stay informed about market trends and potential investment opportunities for the future.

Read more at Yahoo Finance: Fiserv’s (FI) Slid on Slower Growth in Its Clover Payment Segment