4,455 hedge funds and large institutions have $523B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 427 funds opening new positions, 1,768 increasing their positions, 1,822 reducing their positions, and 132 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:

4% more capital invested

Capital invested by funds: $503B → $523B (+$20.4B)

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: 1,768 | Existing positions reduced: 1,822

Holders
4,455
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
479
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
EWA
3726
Encompass Wealth Advisors
Oregon
$386K
SFB
3727
STAR Financial Bank
Indiana
$386K
EMAM
3728
Encompass More Asset Management
California
$386K
4WM
3729
4J Wealth Management
Virginia
$384K
BDFN
3730
Bond & Devick Financial Network
Minnesota
$384K
JTWM
3731
Jackson Thornton Wealth Management
Alabama
$383K
LFASL
3732
Lugano Financial Advisors SA (LFA)
Switzerland
$383K
HCWM
3733
Hidden Cove Wealth Management
Washington
$382K
SIG
3734
Spinnaker Investment Group
California
$382K
SAMT
3735
Select Asset Management & Trust
Pennsylvania
$381K
BW
3736
BXM Wealth
Colorado
$380K
FF
3737
Francis Financial
$380K
VC
3738
Vicus Capital
Pennsylvania
$380K
BF
3739
Brogan Financial
Tennessee
$380K
WHCFA
3740
William Howard & Co Financial Advisors
Tennessee
$379K
FDW
3741
Fourth Dimension Wealth
Ohio
$379K
EAN
3742
Excelsior Advisor Network
Colorado
$378K
EL
3743
Essex LLC
Illinois
$378K
BBA
3744
Braun-Bostich & Associates
Pennsylvania
$378K
PI
3745
Pachira Investments
California
$377K
MSWM
3746
McGlone Suttner Wealth Management
Wisconsin
$377K
HGWM
3747
Horst & Graben Wealth Management
Oregon
$376K
WAN
3748
Wealth Advisors Northwest
Oregon
$376K
VAMG
3749
Voisard Asset Management Group
Michigan
$374K
PPC
3750
Pennington Partners & Co
Maryland
$374K