4,531 hedge funds and large institutions have $527B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 470 funds opening new positions, 1,781 increasing their positions, 1,839 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: $5.58B | Put options by funds: $5.54B

3% less repeat investments, than reductions

Existing positions increased: 1,781 | Existing positions reduced: 1,839

Holders
4,531
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
485
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.58B
Puts
$5.54B
Net Calls
Net Calls Change

Top Sellers

1 -$890M
2 -$675M
3 -$598M
4
Goldman Sachs
Goldman Sachs
New York
-$555M
5
Edgewood Management
Edgewood Management
Connecticut
-$481M
Name Holding Trade Value Shares
Change
Change in
Stake
FBT
2726
First Bank & Trust
South Dakota
$1.37M
HFO
2727
Heritage Family Offices
Arizona
$1.37M
PMG
2728
Private Management Group
California
$1.37M
CAL
2729
Capital Advisors Ltd
Ohio
$1.36M
BEW
2730
Burton Enright Welch
California
$1.36M
KWS
2731
Keystone Wealth Services
California
$1.36M
BFIM
2732
Beese Fulmer Investment Management
Ohio
$1.36M
BHCM
2733
Brevan Howard Capital Management
Jersey
$1.36M
PWM
2734
Paulson Wealth Management
Illinois
$1.36M
SAM
2735
Satovsky Asset Management
New York
$1.36M
DP
2736
DDD Partners
Washington
$1.35M
CIAS
2737
CFS Investment Advisory Services
New Jersey
$1.35M
LIA
2738
Lynx Investment Advisory
District of Columbia
$1.35M
WLPWM
2739
Walled Lake Planning & Wealth Management
Illinois
$1.35M
Members Trust
2740
Members Trust
Florida
$1.35M
T
2741
TrueFG
Texas
$1.35M
DF
2742
Dunhill Financial
United Kingdom
$1.35M
AA
2743
Armis Advisers
Georgia
$1.34M
SCM
2744
Spreng Capital Management
Ohio
$1.34M
SAMC
2745
Spectrum Asset Management (California)
California
$1.34M
CNBT
2746
Cornerstone National Bank & Trust
Illinois
$1.34M
BIA
2747
Bigelow Investment Advisors
Maine
$1.34M
APW
2748
Acima Private Wealth
Virginia
$1.34M
KC
2749
Karras Company
Utah
$1.33M
MWP
2750
Madison Wealth Partners
Wisconsin
$1.33M