Fidelity Information Systems (FIS) Fell on a Conservative Outlook

Pelican Bay Capital Management, an investment management company, released its third-quarter 2025 investor letter. A copy of the same can be downloaded here. PBCM Concentrated Value Strategy returned 7.8% in the quarter, compared to a 5.3% return for the Russell 1000 Value Index. YTD, the fund returned 11.2% compared to 11.6% for the index. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, PBCM Concentrated Value Strategy highlighted stocks such as Fidelity National Information Services Inc. (NYSE:FIS). Fidelity National Information Services, Inc. (NYSE:FIS) is a leading provider of financial technology solutions for financial institutions, businesses, and developers. The one-month return of Fidelity National Information Services, Inc. (NYSE:FIS) was -3.76%, and its shares lost 26.98% of their value over the last 52 weeks. On November 7, 2025, Fidelity National Information Services, Inc. (NYSE:FIS) stock closed at $64.78 per share, with a market capitalization of $33.55 billion.

PBCM Concentrated Value Strategy stated the following regarding Fidelity National Information Services, Inc. (NYSE:FIS) in its third quarter 2025 investor letter:

"Fidelity National Information Services, Inc. (NYSE:FIS) was the largest detractor in performance this quarter. Shares declined following a poorly received earnings report that included an outlook too conservative compared to expectations. We continue to believe the company is significantly undervalued and we added to our position after the share price drop."Fidelity National Information Services, Inc. (FIS): Among Billionaire Mason Hawkins’ Mid-Cap Stocks with Huge Upside Potential

Fidelity National Information Services, Inc. (NYSE:FIS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 49 hedge fund portfolios held Fidelity National Information Services, Inc. (NYSE:FIS) at the end of the second quarter, compared to 56 in the previous quarter. While we acknowledge the potential of Fidelity National Information Services, Inc. (NYSE:FIS) 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 Fidelity National Information Services, Inc. (NYSE:FIS) and shared The London Company Income Equity Strategy's views on the company. In addition, please check out our hedge fund investor letters Q3 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.

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