Matrix Asset Advisors reported in its Q4 2025 investor letter that the stock market hit a new all-time high, rising +2.66% fueled by three-quarter-point interest rate cuts, strong corporate results, and AI momentum. The S&P 500 Index returned +17.88% in 2025. Matrix’s equity portfolios saw double-digit gains and outperformed the index. Fiserv, Inc. was highlighted in the letter as a leading financial technology company. The stock closed at $62.59 per share on February 10, 2026, with a one-month return of -7.27% and a market capitalization of $34.02 billion. Matrix Asset Advisors exited its position in Fiserv, Inc. following an earnings miss and reduced guidance from the new CEO. This decision underscored the importance of diversification in the portfolio. Despite this loss, the portfolio had a strong year. Fiserv, Inc. is not among the 30 most popular stocks among hedge funds, with 83 hedge fund portfolios holding it at the end of the third quarter. The article suggests that certain AI stocks may offer greater upside potential and less downside risk compared to Fiserv, Inc.

Read more at Yahoo Finance: Matrix Asset Management Sold Fiserv (FISV) Following an Unexpected Earnings Miss