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4,308 hedge funds and large institutions have $504B invested in Visa in 2025 Q3 according to their latest regulatory filings, with 177 funds opening new positions, 1,837 increasing their positions, 1,764 reducing their positions, and 140 closing their positions.

New
Increased
Maintained
Reduced
Closed

26% more first-time investments, than exits

New positions opened: 177 | Existing positions closed: 140

4% more repeat investments, than reductions

Existing positions increased: 1,837 | Existing positions reduced: 1,764

1% less funds holding

Funds holding: 4,3414,308 (-33)

2% less call options, than puts

Call options by funds: $5.16B | Put options by funds: $5.25B

1.11% less ownership

Funds ownership: 88.01%86.9% (-1.1%)

6% less capital invested

Capital invested by funds: $534B → $504B (-$30.4B)

22% less funds holding in top 10

Funds holding in top 10: 572449 (-123)

Holders
4,308
Holders Change
-33
Holders Change %
-0.76%
% of All Funds
56.54%
Holding in Top 10
449
Holding in Top 10 Change
-123
Holding in Top 10 Change %
-21.5%
% of All Funds
5.89%
New
177
Increased
1,837
Reduced
1,764
Closed
140
Calls
$5.16B
Puts
$5.25B
Net Calls
-$83.6M
Net Calls Change
+$325M
Name Holding Trade Value Shares
Change
Change in
Stake
Victory Capital Management
51
Victory Capital Management
Texas
$1.44B +$186M +537,529 +14%
Envestnet Asset Management
52
Envestnet Asset Management
Illinois
$1.44B -$36.9M -106,601 -2%
Primecap Management
53
Primecap Management
California
$1.39B -$63.3M -182,762 -4%
Sands Capital Management
54
Sands Capital Management
Virginia
$1.37B -$1.06M -3,071 -0.1%
Fundsmith LLP
55
Fundsmith LLP
United Kingdom
$1.32B +$91.7K +265 +0%
Janus Henderson Group
56
Janus Henderson Group
United Kingdom
$1.24B +$40.6M +117,361 +3%
Lazard Asset Management
57
Lazard Asset Management
New York
$1.23B -$598K -1,729 -0%
T. Rowe Price Investment Management
58
T. Rowe Price Investment Management
Maryland
$1.23B +$636M +1,838,198 +104%
California Public Employees Retirement System
59
California Public Employees Retirement System
California
$1.21B -$18.9M -54,577 -2%
Stifel Financial
60
Stifel Financial
Missouri
$1.19B -$24.6M -70,993 -2%
Citigroup
61
Citigroup
New York
$1.19B +$1.46M +4,224 +0.1%
RG
62
Rathbones Group
United Kingdom
$1.13B -$40.5M -116,954 -3%
RhumbLine Advisers
63
RhumbLine Advisers
Massachusetts
$1.13B -$20.5M -59,124 -2%
TD Asset Management
64
TD Asset Management
Ontario, Canada
$1.11B -$273M -789,398 -20%
National Pension Service
65
National Pension Service
South Korea
$1.1B +$33.6M +96,979 +3%
Capital Research Global Investors
66
Capital Research Global Investors
California
$1.09B +$468M +1,353,441 +73%
Bessemer Group
67
Bessemer Group
New Jersey
$1.08B +$3.04M +8,798 +0.3%
Sanders Capital
68
Sanders Capital
Florida
$1.06B +$12.5M +36,120 +1%
Fayez Sarofim & Co
69
Fayez Sarofim & Co
Texas
$1.05B -$4.9M -14,162 -0.5%
Citadel Advisors
70
Citadel Advisors
Florida
$1.04B +$1.05B +3,037,976 +14,838%
ACM
71
AKRE Capital Management
Virginia
$1.02B -$69.7M -201,480 -6%
Swedbank
72
Swedbank
Sweden
$1.01B +$89.2M +257,597 +10%
LPL Financial
73
LPL Financial
California
$994M +$38.2M +110,374 +4%
Viking Global Investors
74
Viking Global Investors
Connecticut
$989M +$442M +1,276,308 +79%
PNC Financial Services Group
75
PNC Financial Services Group
Pennsylvania
$985M +$20.8M +60,198 +2%

V Hedge Fund Activity: Q3 2025 in Review

4,308 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Visa (V) for Q3 2025, worth a combined $504B — down 5.7% from $534B a quarter earlier.

Buyers outnumbered sellers: 177 funds opened new V positions and 140 closed out — a net gain of 37 holders — while 1,837 added to existing stakes and 1,764 trimmed.

The largest buyer was TCI Fund Management, adding an estimated $3.11B. The largest seller was JP Morgan Chase, cutting an estimated $2.5B.

  • 4,308 institutional investors held Visa (V) as of Q3 2025, down from 4,341 in Q2 2025.
  • Funds reported $504B of Visa stock for Q3 2025, down 5.7% quarter-over-quarter.
  • 177 funds opened new Visa positions in Q3 2025 and 140 closed out, a net change of +37 holders.
  • The largest Visa buyer in Q3 2025 was TCI Fund Management, an estimated $3.11B added.
  • The largest Visa seller in Q3 2025 was JP Morgan Chase, an estimated $2.5B sold.

Based on aggregated 13F filings for Q3 2025.