4,224 hedge funds and large institutions have $502B invested in Visa in 2025 Q3 according to their latest regulatory filings, with 173 funds opening new positions, 1,802 increasing their positions, 1,732 reducing their positions, and 141 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less call options, than puts

Call options by funds: $ | Put options by funds: $

less ownership

Funds ownership:

2% less funds holding

Funds holding: 4,3014,224 (-77)

6% less capital invested

Capital invested by funds: $533B → $502B (-$30.9B)

22% less funds holding in top 10

Funds holding in top 10: 566440 (-126)

Holders
4,224
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
440
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.16B
Puts
$5.25B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
MSV
226
MN Services Vermogensbeheer
Netherlands
$223M
TG
227
TCW Group
California
$222M
Handelsbanken Fonder
228
Handelsbanken Fonder
Sweden
$220M
Jones Financial Companies
229
Jones Financial Companies
Missouri
$215M
AM
230
AGF Management
Ontario, Canada
$208M
State of Tennessee, Department of Treasury
231
State of Tennessee, Department of Treasury
Tennessee
$208M
FCM
232
Farallon Capital Management
California
$205M
State of New Jersey Common Pension Fund D
233
State of New Jersey Common Pension Fund D
New Jersey
$205M
SOMRS
234
State of Michigan Retirement System
Michigan
$203M
RPI
235
Railway Pension Investments
United Kingdom
$201M
LIP
236
Liontrust Investment Partners
United Kingdom
$200M
BPCE
237
Bank Pictet & Cie (Europe)
Germany
$199M
LWCFA
238
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$199M
FDCDDQ
239
Federation des caisses Desjardins du Quebec
Quebec, Canada
$198M
CAPTRUST Financial Advisors
240
CAPTRUST Financial Advisors
North Carolina
$198M
CAM
241
Congress Asset Management
Massachusetts
$197M
Two Sigma Investments
242
Two Sigma Investments
New York
$196M
Comerica Bank
243
Comerica Bank
Texas
$196M
BT
244
Banque Transatlantique
France
$195M
CBU
245
CIBC Bancorp USA
Illinois
$195M
Fiera Capital (Canada)
246
Fiera Capital (Canada)
Quebec, Canada
$194M
Rafferty Asset Management
247
Rafferty Asset Management
New York
$193M
PAM
248
Panagora Asset Management
Massachusetts
$193M
Qube Research & Technologies (QRT)
249
Qube Research & Technologies (QRT)
United Kingdom
$191M
VLKIM
250
Van Lanschot Kempen Investment Management
Netherlands
$191M