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Brookfield Today
By the People, for the People
Alaska Department of Revenue Acquires $7.1M Stake in Fiserv
The state's pension fund adds over 100,000 shares of the financial technology provider.
Apr. 14, 2026 at 10:38am
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Alaska's pension fund invests heavily in the digital backbone of the financial industry, underscoring the critical role of Fiserv's technology.Brookfield TodayThe State of Alaska Department of Revenue acquired a new position in shares of Fiserv, Inc. (NASDAQ:FISV) during the fourth quarter, according to a recent SEC filing. The institutional investor purchased 106,338 shares of the business services provider's stock, valued at approximately $7,142,000.
Why it matters
This investment by Alaska's pension fund highlights the ongoing institutional interest in Fiserv, a major player in the financial technology space. The company's core offerings, including account processing systems and digital banking platforms, are critical infrastructure for banks, credit unions, and other financial institutions.
The details
The SEC filing shows that the State of Alaska Department of Revenue acquired the new stake in Fiserv during the fourth quarter of the previous year. The 106,338 shares purchased are valued at around $7.1 million based on Fiserv's current stock price.
- The new position was established in the fourth quarter of the previous fiscal year.
The players
State of Alaska Department of Revenue
The state's pension fund that manages investments for public employees.
Fiserv, Inc.
A global provider of financial services technology, offering account processing systems, digital banking platforms, and other critical infrastructure for banks and financial institutions.
The takeaway
This investment by Alaska's pension fund underscores the continued institutional confidence in Fiserv's position as a leading financial technology provider. As banks and financial institutions increasingly rely on digital infrastructure, Fiserv's core offerings remain in high demand.
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