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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
Neuberger Berman Group
76
Neuberger Berman Group
New York
$971M +$45.4M +131,263 +5%
Bank Julius Baer & Co
77
Bank Julius Baer & Co
Switzerland
$967M -$2.89M -8,346 -0.3%
Robeco Institutional Asset Management
78
Robeco Institutional Asset Management
Netherlands
$964M -$109M -315,935 -10%
Nordea Investment Management
79
Nordea Investment Management
Sweden
$962M -$26.6M -76,986 -3%
CIBC Private Wealth Group
80
CIBC Private Wealth Group
Georgia
$943M -$9.02M -26,071 -0.9%
1832 Asset Management
81
1832 Asset Management
Ontario, Canada
$933M -$43.5M -125,808 -4%
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$921M -$2.99M -8,633 -0.3%
GQG Partners
83
GQG Partners
Florida
$894M -$142M -409,820 -14%
SGA
84
Sustainable Growth Advisers
Connecticut
$879M -$114M -328,477 -11%
Holocene Advisors
85
Holocene Advisors
New York
$862M +$648M +1,872,362 +286%
Pictet Asset Management
86
Pictet Asset Management
Switzerland
$860M -$44.4M -128,237 -5%
Natixis Advisors
87
Natixis Advisors
Massachusetts
$852M +$11.4M +32,832 +1%
Royal London Asset Management
88
Royal London Asset Management
United Kingdom
$840M -$25.3M -72,984 -3%
Grantham, Mayo, Van Otterloo & Co (GMO)
89
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$833M +$4.82M +13,920 +0.6%
WT
90
Wellcome Trust
United Kingdom
$819M
ECU
91
Egerton Capital (UK)
United Kingdom
$814M +$164M +473,058 +25%
Mawer Investment Management
92
Mawer Investment Management
Alberta, Canada
$803M +$82.7M +238,872 +11%
BNP Paribas Financial Markets
93
BNP Paribas Financial Markets
France
$771M -$63.6M -183,676 -8%
Canada Life
94
Canada Life
Manitoba, Canada
$767M +$56.3M +162,779 +8%
Universal-Beteiligungs- und Servicegesellschaft
95
Universal-Beteiligungs- und Servicegesellschaft
Germany
$749M -$13.6M -39,199 -2%
Flossbach Von Storch
96
Flossbach Von Storch
Germany
$742M +$7.29M +21,073 +1%
New York State Common Retirement Fund
97
New York State Common Retirement Fund
New York
$730M -$35.9M -103,829 -5%
WCM Investment Management
98
WCM Investment Management
California
$727M -$10.5M -30,251 -1%
American Century Companies
99
American Century Companies
Missouri
$724M -$114M -328,203 -13%
TAM
100
Troy Asset Management
United Kingdom
$723M +$306M +883,655 +64%

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.