CIBC Private Wealth Group Reduces Fair Isaac Holdings

Institutional investor sells off 97.3% of stake in analytics software company

Mar. 23, 2026 at 7:33am

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CIBC Private Wealth Group LLC lowered its holdings in Fair Isaac Corporation (NYSE:FICO) by 97.3% during the 3rd quarter, according to the company's recent disclosure with the Securities and Exchange Commission. The fund now owns just 883 shares of the technology company's stock, down from over 32,000 shares previously.

Why it matters

Fair Isaac is best known for its FICO credit scoring system used by lenders to assess consumer creditworthiness. The significant reduction in CIBC Private Wealth Group's stake in the company suggests a potential shift in investor sentiment around Fair Isaac and its core business.

The details

According to the filing, CIBC Private Wealth Group sold 32,039 shares of Fair Isaac during the 3rd quarter, leaving it with just 883 shares worth $1.32 million as of the most recent SEC report. The firm cited the technology company's stock price performance as the primary reason for the divestment.

  • CIBC Private Wealth Group reduced its Fair Isaac holdings during the 3rd quarter of 2026.

The players

CIBC Private Wealth Group LLC

A Canadian wealth management firm that previously held a sizable 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 significant reduction in CIBC Private Wealth Group's Fair Isaac holdings could signal broader investor concerns about the company's future prospects, particularly around its core FICO credit scoring business which faces increasing competition and regulatory scrutiny.