Norges Bank’s Visa V Stock Holding History

Norges Bank’s Portfolio V Stock Details V Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	–	Sell	-16,759,538	Closed	-$5.88B	–	1348
2025 Q4	$5.88B	Buy	+16,759,538	New	+$5.71B	0.63%	18
2025 Q3	–	Sell	-19,813,939	Closed	-$7.03B	–	1505
2025 Q2	$7.03B	Buy	19,813,939 +1,151,080	+6%	+$401M	0.88%	13
2025 Q1	$6.54B	Buy	18,662,859 +2,300,149	+14%	+$778M	0.92%	14
2024 Q4	$5.17B	Sell	16,362,710 -257,765	-2%	-$77.5M	0.68%	20
2024 Q3	$4.57B	Buy	16,620,475 +1,813,262	+12%	+$490M	0.64%	22
2024 Q2	$3.89B	Buy	14,807,213 +103,854	+0.7%	+$28.5M	0.58%	25
2024 Q1	$4.1B	Sell	14,703,359 -257,328	-2%	-$71M	0.65%	23
2023 Q4	$3.9B	Sell	14,960,687 -1,050,758	-7%	-$259M	0.68%	20
2023 Q3	$3.68B	Buy	16,011,445 +359,893	+2%	+$86.5M	0.75%	16
2023 Q2	$3.72B	Buy	15,651,552 +413,464	+3%	+$94.6M	0.73%	16
2023 Q1	$3.44B	Buy	15,238,088 +474,744	+3%	+$106M	0.75%	16
2022 Q4	$3.07B	Buy	14,763,344 +2,055,606	+16%	+$415M	0.74%	19
2022 Q3	$2.26B	Buy	12,707,738 +393,736	+3%	+$80.1M	0.6%	27
2022 Q2	$2.42B	Sell	12,314,002 -258,576	-2%	-$53.4M	0.63%	25
2022 Q1	$2.79B	Sell	12,572,578 -73,708	-0.6%	-$15.9M	0.61%	25
2021 Q4	$2.74B	Sell	12,646,286 -1,887,953	-13%	-$405M	0.56%	23
2021 Q3	$3.24B	Buy	14,534,239 +904,888	+7%	+$212M	0.72%	14
2021 Q2	$3.19B	Sell	13,629,351 -177,786	-1%	-$40.6M	0.69%	14
2021 Q1	$2.92B	Sell	13,807,137 -1,304,406	-9%	-$275M	0.67%	16
2020 Q4	$3.31B	Sell	15,111,543 -201,150	-1%	-$41.2M	0.77%	12
2020 Q3	$3.06B	Sell	15,312,693 -704,316	-4%	-$141M	0.81%	13
2020 Q2	$3.09B	Sell	16,017,009 -1,297,640	-7%	-$237M	0.89%	9
2020 Q1	$2.79B	Sell	17,314,649 -266,316	-2%	-$50.2M	0.99%	9
2019 Q4	$3.3B	Sell	17,580,965 -580,206	-3%	-$105M	0.92%	11
2019 Q3	$3.12B	Buy	18,161,171 +84,308	+0.5%	+$15M	0.96%	10
2019 Q2	$3.14B	Buy	18,076,863 +185,446	+1%	+$30.4M	0.97%	9
2019 Q1	$2.79B	Buy	17,891,417 +142,951	+0.8%	+$20.6M	0.9%	11
2018 Q4	$2.34B	Buy	17,748,466 +29,484	+0.2%	+$4.07M	0.87%	15
2018 Q3	$2.66B	Buy	17,718,982 +213,204	+1%	+$30.3M	0.86%	11
2018 Q2	$2.32B	Buy	17,505,778 +208,930	+1%	+$26.9M	0.8%	13
2018 Q1	$2.07B	Buy	17,296,848 +285,721	+2%	+$34.6M	0.75%	15
2017 Q4	$1.94B	Buy	17,011,127 +474,431	+3%	+$52.4M	0.7%	23
2017 Q3	$1.74B	Buy	16,536,696 +650,077	+4%	+$65.9M	0.66%	25
2017 Q2	$1.49B	Sell	15,886,619 -223,946	-1%	-$20.8M	0.59%	30
2017 Q1	$1.43B	Sell	16,110,565 -1,010,729	-6%	-$86.9M	0.59%	32
2016 Q4	$1.34B	Sell	17,121,294 -3,319,718	-16%	-$267M	0.58%	32
2016 Q3	$1.61B	Buy	20,441,012 +1,181,621	+6%	+$94.6M	0.76%	20
2016 Q2	$1.43B	Buy	19,259,391 +155,124	+0.8%	+$12.1M	0.68%	24
2016 Q1	$1.46B	Buy	19,104,267 +1,899,854	+11%	+$138M	0.72%	25
2015 Q4	$1.33B	Sell	17,204,413 -182,803	-1%	-$14.2M	0.66%	28
2015 Q3	$1.21B	Buy	17,387,216 +335,279	+2%	+$23.9M	0.63%	31
2015 Q2	$1.15B	Buy	17,051,937 +210,405	+1%	+$14.3M	0.57%	32
2015 Q1	$1.1B	Buy	16,841,532 +420,800	+3%	+$27.8M	0.54%	34
2014 Q4	$1.08B	Buy	16,420,732 +311,972	+2%	+$18.8M	0.55%	34
2014 Q3	$859M	Sell	16,108,760 -15,178,784	-49%	-$816M	0.47%	35
2014 Q2	$1.65B	Buy	31,287,544 +14,913,088	+91%	+$780M	0.44%	40
2014 Q1	$884M	Sell	16,374,456 -1,772,480	-10%	-$98.5M	0.5%	33
2013 Q4	$1.01B	Sell	18,146,936 -97,072	-0.5%	-$4.89M	0.58%	28
2013 Q3	$872M	Sell	18,244,008 -469,980	-3%	-$21.7M	0.51%	34
2013 Q2	$855M	Buy	+18,713,988	New	+$819M	0.53%	33

Other funds holding V

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

TCI Fund Management London, United Kingdom $45.2B AUM 12.74% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Norges Bank's V Position: Q1 2026 in Review

Norges Bank sold out of Visa (V) in Q1 2026, closing a stake of 16,759,538 shares — an estimated $5.88B sold.

Norges Bank first reported a position in V in Q2 2013 and held it in 50 quarters. The position peaked at $7.03B in Q2 2025. 4,449 funds tracked by Wall St. Rank hold V as of Q1 2026.

Norges Bank reported no remaining Visa position as of Q1 2026 after selling out during the quarter.
Norges Bank sold 16,759,538 Visa shares in Q1 2026, an estimated $5.88B.
Norges Bank first reported a position in Visa in Q2 2013 and held it in 50 quarters.
Norges Bank's Visa position peaked at $7.03B in Q2 2025.
4,449 funds tracked by Wall St. Rank held Visa as of Q1 2026.

Based on Norges Bank's 13F filing for Q1 2026.