Schubert & Co reduced its stake in shares of Fiserv, Inc. ( NYSE:FI – Free Report ) by 13.0% in the first quarter, HoldingsChannel reports. The firm owned 473,872 shares of the business services provider's stock after selling 71,022 shares during the period. Fiserv makes up approximately 47.8% of Schubert & Co's investment portfolio, making the stock its largest position. Schubert & Co's holdings in Fiserv were worth $53,562,000 at the end of the most recent quarter. Other hedge funds have also recently made changes to their positions in the company.

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