Jana Partners has exited its stake in Fidelity National Information Services (FIS) and added Wex Inc. (WEX) to its portfolio in Q2, according to its latest 13F filing. The activist hedge fund sold 497K shares in FIS and acquired a new stake in WEX.
In its latest 13F filing, Jana Partners has announced significant changes to its portfolio. The activist hedge fund exited its stake in Fidelity National Information Services (FIS) and added Wex Inc. (WEX) to its holdings during the second quarter of 2025 [1].
Jana Partners sold 497,000 shares of FIS, marking its exit from the information technology services provider. This move comes as FIS reported its quarterly earnings, meeting analysts' expectations with earnings per share (EPS) of $1.36 and revenue of $2.62 billion for the quarter ending August 5, 2025 [2].
Meanwhile, Jana Partners has acquired a new position in Wex Inc., a company that provides payment processing solutions. The specific details of the investment, including the number of shares and value, were not disclosed in the 13F filing. However, this move highlights Jana Partners' interest in diversifying its portfolio with companies in the payment processing sector.
The exit from FIS and the addition of WEX are part of Jana Partners' ongoing strategy to optimize its portfolio. The hedge fund's actions are likely influenced by various factors, including changes in the market landscape and strategic considerations for maximizing returns. As of the latest reporting period, institutional investors own 96.23% of FIS's stock, indicating strong interest from large investors [2].
For investors and financial professionals, these changes underscore the importance of monitoring Jana Partners' portfolio for strategic insights and potential investment opportunities. The hedge fund's moves can often signal shifts in the market or industry trends, providing valuable information for those seeking to make informed investment decisions.
References:
[1] https://seekingalpha.com/news/4485428-jana-partners-exits-fidelity-national-information-adds-wex-among-other-q2-moves
[2] https://www.marketbeat.com/instant-alerts/filing-nuveen-llc-invests-18751-million-in-fidelity-national-information-services-inc-nysefis-2025-08-12/
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