Key facts
- Jana Partners reduced its stake in Fiserv by approximately 17% in the second quarter.
- The activist investor had previously pushed Fiserv to review its entire portfolio.
- The information is based on a regulatory filing with the U.S. Securities and Exchange Commission.
Activist investor Jana Partners has reduced its holdings in payments company Fiserv by approximately 17% during the second quarter, as indicated by a regulatory filing with the U.S. Securities and Exchange Commission. This move comes after Jana Partners, in late July, intensified its pressure on Fiserv, advocating for a complete review of the company's portfolio rather than a piecemeal sale of assets. The filing data, compiled quarterly and disclosed within six weeks of quarter-end, reflects holdings as of June 30 and does not capture subsequent trading activity.