In a quarterly disclosure filed with the SEC, Robert Olstein's firm, Olstein Capital Management, revealed the complete liquidation of its stake in Fidelity National Information Services (FIS) during the second quarter of 2026. The fund sold all 174,000 of its shares in the financial technology company. This trade should be viewed with the understanding that 13F filings are backward-looking and do not represent a real-time trading event.
The exit coincided with a significant transition for the investment firm, as Easterly Asset Management announced its acquisition of Olstein Capital Management's fund business, with a shareholder vote on the reorganization scheduled for late June 2026. During the same period, FIS reported second-quarter earnings that beat estimates, though it also lowered its full-year 2026 outlook.