4,495 hedge funds and large institutions have $527B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 452 funds opening new positions, 1,776 increasing their positions, 1,829 reducing their positions, and 133 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:

5% more capital invested

Capital invested by funds: $503B → $527B (+$23.8B)

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: 1,776 | Existing positions reduced: 1,829

Holders
4,495
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
481
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
SLAM
251
Swiss Life Asset Management
$207M
State of New Jersey Common Pension Fund D
252
State of New Jersey Common Pension Fund D
New Jersey
$205M
Two Sigma Investments
253
Two Sigma Investments
New York
$201M
BPCE
254
Bank Pictet & Cie (Europe)
Germany
$200M
EAM
255
Erste Asset Management
Austria
$200M
CWM
256
CIBC World Markets
New York
$200M
CAM
257
Congress Asset Management
Massachusetts
$199M
SFFS
258
Stonehage Fleming Financial Services
Jersey
$198M
SGM
259
Skye Global Management
Florida
$197M
SOMRS
260
State of Michigan Retirement System
Michigan
$194M
FAM
261
Foxhaven Asset Management
Virginia
$193M
Northwestern Mutual Wealth Management
262
Northwestern Mutual Wealth Management
Wisconsin
$191M
UBP
263
Union Bancaire Privee
Switzerland
$191M
LWCFA
264
Loring Wolcott & Coolidge Fiduciary Advisors
Massachusetts
$190M
State of Tennessee, Department of Treasury
265
State of Tennessee, Department of Treasury
Tennessee
$189M
Comerica Bank
266
Comerica Bank
Texas
$188M
FAF
267
Fjarde Ap-fonden
Sweden
$188M
BA
268
Bridgewater Associates
Connecticut
$188M
BT
269
Banque Transatlantique
France
$186M
MNA
270
Manning & Napier Advisors
New York
$185M
DZ Bank
271
DZ Bank
Germany
$185M
HNB
272
Huntington National Bank
Ohio
$184M
CIM
273
CCLA Investment Management
United Kingdom
$182M
AP
274
Altarock Partners
Florida
$181M
Rafferty Asset Management
275
Rafferty Asset Management
New York
$181M