4,230 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, 1,737 reducing their positions, and 140 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: 4,3014,230 (-71)

6% less capital invested

Capital invested by funds: $533B → $502B (-$30.4B)

22% less funds holding in top 10

Funds holding in top 10: 566443 (-123)

Holders
4,230
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
443
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
VLKIM
251
Van Lanschot Kempen Investment Management
Netherlands
$191M
QCM
252
Quantinno Capital Management
New York
$185M
CS
253
Candriam SCA
Luxembourg
$184M
FAM
254
Foxhaven Asset Management
Virginia
$183M
FAF
255
Fjarde Ap-fonden
Sweden
$183M
Kovitz Investment Group Partners
256
Kovitz Investment Group Partners
Illinois
$182M
AP
257
Altarock Partners
Florida
$182M
CIM
258
CCLA Investment Management
United Kingdom
$181M
SLAML
259
Swiss Life Asset Management Ltd
$180M
HNB
260
Huntington National Bank
Ohio
$180M
DZ Bank
261
DZ Bank
Germany
$180M
Northwestern Mutual Wealth Management
262
Northwestern Mutual Wealth Management
Wisconsin
$179M
GLF
263
Groupe la Francaise
France
$178M
Connor, Clark & Lunn Investment Management (CC&L)
264
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$178M
Focus Partners Wealth
265
Focus Partners Wealth
Massachusetts
$177M
SMDAM
266
Sumitomo Mitsui DS Asset Management
Japan
$177M
Select Equity Group
267
Select Equity Group
New York
$177M
SFFS
268
Stonehage Fleming Financial Services
Jersey
$176M
Vontobel Holding
269
Vontobel Holding
Switzerland
$176M
BTW
270
Boston Trust Walden
Massachusetts
$174M
FAF
271
Första AP-fonden
Sweden
$174M
SO
272
STRS Ohio
Ohio
$174M
UBP
273
Union Bancaire Privee
Switzerland
$173M
CIBC Asset Management
274
CIBC Asset Management
Ontario, Canada
$172M
MIM
275
MetLife Investment Management
New Jersey
$171M