Victory Capital Management Reduces Fiserv Stake

Investment firm cuts holdings in financial technology company by 38%

Published on Mar. 8, 2026

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Victory Capital Management Inc. has reduced its stake in Fiserv, Inc. (NASDAQ:FISV) by 38% in the third quarter, according to a recent SEC filing. The investment firm now owns 331,993 shares of the business services provider's stock, down from 535,796 shares previously.

Why it matters

Fiserv is a major player in the financial technology industry, providing payment processing, digital banking, and other services to banks, credit unions, and other financial institutions. Victory Capital's decision to significantly reduce its position in the company could signal a shift in investor sentiment around Fiserv's prospects.

The details

According to the filing, Victory Capital sold 203,803 shares of Fiserv during the third quarter. The firm now owns approximately 0.06% of the company's outstanding shares, down from 0.10% previously. The move comes as Fiserv's stock price has declined in recent months, falling from a 52-week high of $227 to around $63 per share.

  • Victory Capital filed its 13F report for the third quarter on March 8, 2026.

The players

Victory Capital Management Inc.

An investment management firm that provides asset management services to institutional and individual investors.

Fiserv, Inc.

A global provider of financial services technology, offering payment processing, digital banking, and other services to banks, credit unions, and other financial institutions.

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The takeaway

Victory Capital's decision to significantly reduce its stake in Fiserv could signal broader concerns about the financial technology company's performance and outlook. Investors will be closely watching Fiserv's stock price and financial results in the coming quarters to see if the company can regain investor confidence.