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4,308 hedge funds and large institutions have $504B invested in Visa in 2025 Q3 according to their latest regulatory filings, with 177 funds opening new positions, 1,837 increasing their positions, 1,764 reducing their positions, and 140 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 177 | Existing positions closed: 140

4% more repeat investments, than reductions

Existing positions increased: 1,837 | Existing positions reduced: 1,764

1% less funds holding

Funds holding: 4,3414,308 (-33)

2% less call options, than puts

Call options by funds: $5.16B | Put options by funds: $5.25B

1.11% less ownership

Funds ownership: 88.01%86.9% (-1.1%)

6% less capital invested

Capital invested by funds: $534B → $504B (-$30.4B)

22% less funds holding in top 10

Funds holding in top 10: 572449 (-123)

Holders
4,308
Holders Change
-33
Holders Change %
-0.76%
% of All Funds
56.54%
Holding in Top 10
449
Holding in Top 10 Change
-123
Holding in Top 10 Change %
-21.5%
% of All Funds
5.89%
New
177
Increased
1,837
Reduced
1,764
Closed
140
Calls
$5.16B
Puts
$5.25B
Net Calls
-$83.6M
Net Calls Change
+$325M
Name Holding Trade Value Shares
Change
Change in
Stake
LFG
226
Lazard Frères Gestion
France
$226M +$10.9M +31,358 +5%
CB
227
Commerce Bank
Missouri
$224M -$4.08M -11,789 -2%
Diamond Hill Capital Management
228
Diamond Hill Capital Management
Ohio
$223M -$2.5M -7,209 -1%
MSV
229
MN Services Vermogensbeheer
Netherlands
$223M +$2.91M +8,400 +1%
TG
230
TCW Group
California
$222M -$16.7M -48,138 -7%
Handelsbanken Fonder
231
Handelsbanken Fonder
Sweden
$220M -$2.43M -7,025 -1%
Jones Financial Companies
232
Jones Financial Companies
Missouri
$215M +$24.1M +69,642 +12%
AM
233
AGF Management
Ontario, Canada
$208M +$28.2M +81,418 +15%
State of Tennessee, Department of Treasury
234
State of Tennessee, Department of Treasury
Tennessee
$208M +$3.56M +10,276 +2%
FCM
235
Farallon Capital Management
California
$205M +$101M +291,000 +94%
State of New Jersey Common Pension Fund D
236
State of New Jersey Common Pension Fund D
New Jersey
$205M +$5.43M +15,699 +3%
SOMRS
237
State of Michigan Retirement System
Michigan
$203M -$2.01M -5,800 -1%
RPI
238
Railway Pension Investments
United Kingdom
$201M +$79M +228,300 +64%
LIP
239
Liontrust Investment Partners
United Kingdom
$200M -$27.9M -80,550 -12%
BPCE
240
Bank Pictet & Cie (Europe)
Germany
$199M +$48.8K +141 +0%
LWCFA
241
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$199M +$5.05M +14,581 +3%
FDCDDQ
242
Federation des caisses Desjardins du Quebec
Quebec, Canada
$198M +$4.21M +12,177 +2%
CAPTRUST Financial Advisors
243
CAPTRUST Financial Advisors
North Carolina
$198M +$3.65M +10,549 +2%
CAM
244
Congress Asset Management
Massachusetts
$197M -$1.42M -4,108 -0.7%
Two Sigma Investments
245
Two Sigma Investments
New York
$196M +$1.23M +3,541 +0.6%
Comerica Bank
246
Comerica Bank
Texas
$196M -$11.4M -32,875 -5%
BT
247
Banque Transatlantique
France
$195M +$2.93M +8,463 +2%
CBU
248
CIBC Bancorp USA
Illinois
$195M +$197M +570,011 New
Fiera Capital (Canada)
249
Fiera Capital (Canada)
Quebec, Canada
$194M +$8.26M +23,879 +4%
Rafferty Asset Management
250
Rafferty Asset Management
New York
$193M -$1.08M -3,126 -0.5%

V Hedge Fund Activity: Q3 2025 in Review

4,308 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Visa (V) for Q3 2025, worth a combined $504B — down 5.7% from $534B a quarter earlier.

Buyers outnumbered sellers: 177 funds opened new V positions and 140 closed out — a net gain of 37 holders — while 1,837 added to existing stakes and 1,764 trimmed.

The largest buyer was TCI Fund Management, adding an estimated $3.11B. The largest seller was JP Morgan Chase, cutting an estimated $2.5B.

  • 4,308 institutional investors held Visa (V) as of Q3 2025, down from 4,341 in Q2 2025.
  • Funds reported $504B of Visa stock for Q3 2025, down 5.7% quarter-over-quarter.
  • 177 funds opened new Visa positions in Q3 2025 and 140 closed out, a net change of +37 holders.
  • The largest Visa buyer in Q3 2025 was TCI Fund Management, an estimated $3.11B added.
  • The largest Visa seller in Q3 2025 was JP Morgan Chase, an estimated $2.5B sold.

Based on aggregated 13F filings for Q3 2025.