Aug 14 (Reuters) – Jana Partners cut its stake in payments company Fiserv by roughly 17% in the second quarter, a regulatory filing with the U.S. Securities and Exchange Commission showed on Friday. In late July, the activist investor ratcheted up pressure on the company, pushing it to launch a formal review of its entire […]
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Jana Partners cuts stake in Fiserv, filing shows
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Aug 14 (Reuters) – Jana Partners cut its stake in payments company Fiserv by roughly 17% in the second quarter, a regulatory filing with the U.S. Securities and Exchange Commission showed on Friday.
In late July, the activist investor ratcheted up pressure on the company, pushing it to launch a formal review of its entire portfolio rather than sell assets piecemeal.
The 13F filing data is compiled once per quarter and disclosed within six weeks of quarter-end, the information is dated and will not capture buying or selling done by these large investors since June 30.
(Reporting by Manya Saini in Bengaluru; Editing by Shilpi Majumdar)