Fair Isaac Corporation Reduces NewEdge Wealth LLC Position

Hedge fund trims stake in analytics and AI software company

Published on Feb. 26, 2026

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NewEdge Wealth LLC has reduced its position in Fair Isaac Corporation (NYSE:FICO), the company behind the widely used FICO credit scoring system, by 90.5% in the third quarter. The hedge fund now owns just 134 shares of the technology company's stock, down from 1,406 shares previously.

Why it matters

Fair Isaac is a leading provider of predictive analytics and decision management software, particularly in the financial services industry. Changes in ownership by major institutional investors can signal shifts in market sentiment around the company's prospects.

The details

According to a recent SEC filing, NewEdge Wealth LLC sold 1,272 shares of Fair Isaac stock during the third quarter, leaving the firm with a much smaller position of just 134 shares. The hedge fund's holdings in Fair Isaac were valued at $218,000 as of the end of the quarter.

  • NewEdge Wealth LLC reduced its Fair Isaac position in the third quarter of 2026.

The players

NewEdge Wealth LLC

A hedge fund that has reduced its stake in Fair Isaac Corporation.

Fair Isaac Corporation

A data analytics and software company best known for its FICO credit scoring system.

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The takeaway

The reduction in NewEdge Wealth's Fair Isaac position could signal broader market uncertainty around the company's future prospects, though the reasons behind the hedge fund's decision are not entirely clear from the available information.