Matrix Asset Advisors Reestablished Its Position in Fiserv (FI)

Matrix Asset Advisors, an asset management company, released its Q2 2025 investor letter. A copy of the letter can be downloaded here. The stock market rallied +10.94% in Q2 after falling -4.27% in the first quarter of 2025. Moreover, the market was up +6.20% for the year-to-date through June 30. Matrix’s equity portfolios performed well in both Q2 and for the year-to-date through June 30. The Matrix Dividend Income (MDI) portfolio delivered another strong quarter, while the Large Cap Value (LCV) portfolio, with more technology exposure, fully participated in the market's rebound, ending the quarter higher for the first six months of the year. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Matrix Asset Advisors highlighted stocks such as Fiserv, Inc. (NYSE:FI). Fiserv, Inc. (NYSE:FI) is a payment and fintech services provider. The one-month return of Fiserv, Inc. (NYSE:FI) was -19.58%, and its shares lost 18.61% of their value over the last 52 weeks. On August 11, 2025, Fiserv, Inc. (NYSE:FI) stock closed at $132.22 per share with a market capitalization of $71.87 billion.

Matrix Asset Advisors stated the following regarding Fiserv, Inc. (NYSE:FI) in its second quarter 2025 investor letter:

"For those with cash, late in the quarter, we reestablished our position in Fiserv, Inc. (NYSE:FI) after exiting our shares in Q1 at much higher levels. The stock dropped sharply when FI provided disappointing guidance on its last earnings call. After speaking with the company, we thought the share price decline was overdone, and the lower price offered a favorable risk/reward profile."

Fiserv, Inc. (NYSE:FI) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 72 hedge fund portfolios held Fiserv, Inc. (NYSE:FI) at the end of the first quarter, which was 80 in the previous quarter. In the second quarter of 2025, Fiserv, Inc.’s (NYSE:FI) adjusted revenue grew 8% to $5.2 billion. While we acknowledge the potential of Fiserv, Inc. (NYSE:FI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Fiserv, Inc. (NYSE:FI) and shared the list of best depressed stocks to buy in 2025. Giverny Capital Asset Management initiated a position in Fiserv, Inc. (NYSE:FI) during Q2 2025. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.