4,462 hedge funds and large institutions have $523B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 429 funds opening new positions, 1,769 increasing their positions, 1,825 reducing their positions, and 132 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding in top 10

Funds holding in top 10:

more funds holding

Funds holding:

more ownership

Funds ownership:

4% more capital invested

Capital invested by funds: $503B → $523B (+$20.4B)

1% more call options, than puts

Call options by funds: $5.56B | Put options by funds: $5.52B

3% less repeat investments, than reductions

Existing positions increased: 1,769 | Existing positions reduced: 1,825

Holders
4,462
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
479
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.56B
Puts
$5.52B
Net Calls
Net Calls Change

Top Sellers

1 -$890M
2 -$675M
3 -$598M
4
Goldman Sachs
Goldman Sachs
New York
-$558M
5
Edgewood Management
Edgewood Management
Connecticut
-$481M
Name Holding Trade Value Shares
Change
Change in
Stake
KA
2701
KDT Advisors
New York
$1.38M
PAM
2702
PCG Asset Management
New Jersey
$1.38M
FBT
2703
First Bank & Trust
South Dakota
$1.37M
HFO
2704
Heritage Family Offices
Arizona
$1.37M
PMG
2705
Private Management Group
California
$1.37M
CAL
2706
Capital Advisors Ltd
Ohio
$1.36M
BEW
2707
Burton Enright Welch
California
$1.36M
KWS
2708
Keystone Wealth Services
California
$1.36M
BFIM
2709
Beese Fulmer Investment Management
Ohio
$1.36M
BHCM
2710
Brevan Howard Capital Management
Jersey
$1.36M
PWM
2711
Paulson Wealth Management
Illinois
$1.36M
SAM
2712
Satovsky Asset Management
New York
$1.36M
DP
2713
DDD Partners
Washington
$1.35M
CIAS
2714
CFS Investment Advisory Services
New Jersey
$1.35M
LIA
2715
Lynx Investment Advisory
District of Columbia
$1.35M
WLPWM
2716
Walled Lake Planning & Wealth Management
Illinois
$1.35M
Members Trust
2717
Members Trust
Florida
$1.35M
T
2718
TrueFG
Texas
$1.35M
DF
2719
Dunhill Financial
United Kingdom
$1.35M
SCM
2720
Spreng Capital Management
Ohio
$1.34M
SAMC
2721
Spectrum Asset Management (California)
California
$1.34M
CNBT
2722
Cornerstone National Bank & Trust
Illinois
$1.34M
BIA
2723
Bigelow Investment Advisors
Maine
$1.34M
APW
2724
Acima Private Wealth
Virginia
$1.34M
KC
2725
Karras Company
Utah
$1.33M