4,569 hedge funds and large institutions have $528B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 495 funds opening new positions, 1,787 increasing their positions, 1,843 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 → $528B (+$24.5B)

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: 1,787 | Existing positions reduced: 1,843

Holders
4,569
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
487
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 Buyers

1 +$1.14B
2 +$1.07B
3 +$721M
4
SG Americas Securities
SG Americas Securities
New York
+$684M
5
Citadel Advisors
Citadel Advisors
Florida
+$509M

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
Rafferty Asset Management
276
Rafferty Asset Management
New York
$181M
CII
277
Capital International Inc
California
$180M
VanEck Associates
278
VanEck Associates
New York
$176M
CA
279
Commerzbank Aktiengesellschaft
Germany
$176M
Fiera Capital (Canada)
280
Fiera Capital (Canada)
Quebec, Canada
$176M
VGM
281
Voyager Global Management
New York
$175M
C
282
Consulta
United Kingdom
$175M
ProShare Advisors
283
ProShare Advisors
Maryland
$175M
Vontobel Holding
284
Vontobel Holding
Switzerland
$174M
FAF
285
Första AP-fonden
Sweden
$174M
BTW
286
Boston Trust Walden
Massachusetts
$173M
Teacher Retirement System of Texas
287
Teacher Retirement System of Texas
Texas
$173M
Mirae Asset Global Investments
288
Mirae Asset Global Investments
South Korea
$173M
SO
289
STRS Ohio
Ohio
$171M
MIM
290
MetLife Investment Management
New Jersey
$170M
ASRS
291
Arizona State Retirement System
Arizona
$170M
Nisa Investment Advisors
292
Nisa Investment Advisors
Missouri
$170M
DC
293
Davenport & Co
Virginia
$169M
SMDAM
294
Sumitomo Mitsui DS Asset Management
Japan
$169M
MCIL
295
MFF Capital Investments Ltd
$168M
DCP
296
DSM Capital Partners
Florida
$167M
PCM
297
Palestra Capital Management
New York
$167M
MML Investors Services
298
MML Investors Services
Massachusetts
$166M
LIP
299
Liontrust Investment Partners
United Kingdom
$165M
BAMF
300
BI Asset Management Fondsmaeglerselskab
Denmark
$165M