What smart money is saying about Fidelity National Information Services
1 fund in our archive has pitched Fidelity National Information Services, most recently Covesto Patient Capital in March 2025.
Fidelity National Information Services, Inc. provides technology solutions for merchants, banks, and capital markets firms worldwide. It operates through Merchant Solutions, Banking Solutions, and Capital Market Solutions segments. The Merchant Solutions segment offers enterprise acquiring, software-led small- to medium-sized businesses acquiring, and global e-commerce solutions. The Banking Solutions segment provides core processing and ancillary applications; digital solutions, including Internet, mobile, and e-banking; fraud, risk management, and compliance solutions; electronic funds transfer and network services; card and retail payment solutions; wealth and retirement solutions; and item processing and output services. The Capital Market Solutions segment offers securities processing and finance, global trading, asset management and insurance, and corporate liquidity solutions. Fidelity National Information Services, Inc. was founded in 1968 and is headquartered in Jacksonville, Florida.
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Position history
Between Q1 2025 and Q1 2026, 3 fund letters reported a position in Fidelity National Information Services, with 1 sell (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q1 2026 | 1 | 0 | 0 | 0 |
| Q4 2025 | 1 | 0 | 1 | 0 |
| Q1 2025 | 1 | 0 | 0 | 1 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 3 positions · 1 move
- March 2026
“Along with many names in the payments/fintech space, Fidelity Information Services (FIS) also came under pressure due to AI-related fears and the potential disruption to the business long-term.”
Fidelity National Information Services - ExitedParnassus Mid Cap FundDecember 2025
“We sold FIS, the provider of bank processing systems due to our concerns around its long-term structural growth rate.”
Fidelity National Information Services - HoldsCovesto Patient CapitalMarch 2025
“Fidelity National Information Services (FIS): FIS’ roots lie in core banking solutions for large banks, monetized primarily through per-account fees under long-term contracts, with near-zero churn due to high switching costs.”
Fidelity National Information Services
Also mentioned · 1
These funds discuss Fidelity National Information Services as a competitor, benchmark or comparable, without disclosing a position in it.
- September 2025
“We were hurt by some of our broader hedges in the quarter including SPDR S&P Homebuilders ETF, the Industrial Select ETF short and the Invesco QQQ Trust Series, and we benefited from several individual company shorts including Duolingo, Fidelity National Information Services, Texas Roadhouse, and former long Lululemon.”
Fidelity National Information Services
Fund coverage · 1 thesis
- Covesto Patient CapitalMarch 2025
Fidelity National Information Services (FIS) is a leading provider of core banking solutions and issuer processing services, generating $10 billion in revenue with 80% recurring income and a focus on long-term contracts.
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