4,573 hedge funds and large institutions have $528B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 497 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
4,573
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
PFM
3426
Potomac Fund Management
Florida
$616K
SCM
3427
Sunbeam Capital Management
Georgia
$615K
HIS
3428
Harvest Investment Services
Illinois
$614K
DWM
3429
Defined Wealth Management
Oregon
$613K
CWA
3430
Canvas Wealth Advisors
Kansas
$612K
KI
3431
KTF Investments
California
$611K
PCMNC
3432
Piedmont Capital Management (North Carolina)
North Carolina
$610K
SRC
3433
Shufro Rose & Co
New York
$610K
VDI
3434
Vaughan David Investments
Illinois
$610K
CF
3435
Carter Financial
California
$610K
CPA
3436
Clear Point Advisors
New York
$608K
DDPIC
3437
Deroy & Devereaux Private Investment Counsel
Michigan
$608K
CIM
3438
Capital Investment Management
Missouri
$606K
LWM
3439
LeConte Wealth Management
Tennessee
$605K
AF
3440
Apollon Financial
South Carolina
$603K
HZ
3441
Hixon Zuercher
Ohio
$603K
EWS
3442
Eagle Wealth Strategies
New Jersey
$602K
TPWA
3443
Twin Peaks Wealth Advisors
California
$601K
LGG
3444
Luts & Greenleigh Group
Maryland
$600K
BAM
3445
Bosun Asset Management
Illinois
$600K
MHR
3446
Matthew Hamilton Rosenberg
$600K
WF
3447
Wayfinding Financial
Washington
$599K
CL
3448
CLG LLC
California
$598K
JEST
3449
JTC Employer Solutions Trustee
Jersey
$596K
MO
3450
McMillan Office
Michigan
$594K