Fiserv Stock Soars Following BlackBird Financial's Significant Stake Acquisition
Newark, New Jersey, January 06, 2026 (GLOBE NEWSWIRE) — BlackBird Financial, led by Judah Spinner, has announced a noteworthy investment in Fiserv, Inc. (FISV), underscoring the firm’s belief in the long-term value of the payment technology giant amidst current market challenges.
BlackBird Financial Establishes Major Ownership in Fiserv
BlackBird Financial, a hedge fund inspired by the original Buffett Partnership, revealed that it has acquired a substantial ownership position in Fiserv, Inc. (FISV). The decision follows a thorough evaluation of Fiserv's competitive stance, business dynamics, and leadership efficacy. Spinner articulated that the current market sentiment does not align with Fiserv's potential for growth.
“Once we looked past the short-term difficulties that the company has run into and instead focused on their long-term position, it became a no brainer,” said Spinner.
Confidence in Leadership and Strategic Vision
Spinner expressed unwavering confidence in Fiserv's new CEO, Mike Lyons, praising his ability to lead the company through its ongoing transformation.
“We sleep very well at night knowing Mike Lyons is at the helm,” Spinner remarked. “Mike has a clear grasp of what needs to be fixed and has the backbone to do what is necessary.”
Spinner is optimistic about the company's future, acknowledging that while immediate challenges loom, the strategic decisions made under Lyons' leadership will foster a more robust business in the long run.
A Robust Competitive Moat
BlackBird Financial's investment thesis hinges on Fiserv's integral role in the global financial ecosystem. The firm’s established technologies and services have become indispensable for banks, merchants, and consumers alike.
- In core processing, Fiserv serves a significant share of U.S. banks and credit unions.
- In merchant acquiring, Fiserv ranks among the top global payment processors.
- The company's systems are deeply embedded, creating high switching costs for clients.
Spinner asserted that while competition, particularly from software-driven entrants, is fierce, Fiserv’s strong market position remains “extremely sticky.”
Long-Term Financial Outlook
BlackBird Financial is buoyed by Fiserv's financial performance, noting that the company has generated over $5 billion in adjusted net income in the past year. Spinner anticipates that Fiserv's earnings will grow significantly in the coming years.
“With the market cap around $33 billion, we believe we are getting a lot for our money,” Spinner stated.
About BlackBird Financial LP
BlackBird Financial is an investment partnership managing wealth for affluent families across North America. The firm has consistently outperformed the S&P 500, garnering significant attention for its concentrated portfolio of high-conviction opportunities.
About Judah Spinner
Founder Judah Spinner is a Chartered Financial Analyst and a Summa Cum Laude graduate of Crestpoint University. He and his wife, Julie, are philanthropic advocates and established The Judah Spinner Foundation, focusing on national issues such as wealth disparity and rising healthcare costs.