4,224 hedge funds and large institutions have $502B invested in Visa in 2025 Q3 according to their latest regulatory filings, with 173 funds opening new positions, 1,802 increasing their positions, 1,732 reducing their positions, and 141 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

less call options, than puts

Call options by funds: $ | Put options by funds: $

less ownership

Funds ownership:

2% less funds holding

Funds holding: 4,3014,224 (-77)

6% less capital invested

Capital invested by funds: $533B → $502B (-$30.9B)

22% less funds holding in top 10

Funds holding in top 10: 566440 (-126)

Holders
4,224
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
440
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.16B
Puts
$5.25B
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
76
Neuberger Berman Group
New York
$971M
Bank Julius Baer & Co
77
Bank Julius Baer & Co
Switzerland
$967M
Robeco Institutional Asset Management
78
Robeco Institutional Asset Management
Netherlands
$964M
Nordea Investment Management
79
Nordea Investment Management
Sweden
$962M
CIBC Private Wealth Group
80
CIBC Private Wealth Group
Georgia
$943M
1832 Asset Management
81
1832 Asset Management
Ontario, Canada
$933M
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$921M
GQG Partners
83
GQG Partners
Florida
$894M
SGA
84
Sustainable Growth Advisers
Connecticut
$879M
Holocene Advisors
85
Holocene Advisors
New York
$862M
Pictet Asset Management
86
Pictet Asset Management
Switzerland
$860M
Natixis Advisors
87
Natixis Advisors
Massachusetts
$852M
Royal London Asset Management
88
Royal London Asset Management
United Kingdom
$840M
Grantham, Mayo, Van Otterloo & Co (GMO)
89
Grantham, Mayo, Van Otterloo & Co (GMO)
Massachusetts
$833M
WT
90
Wellcome Trust
United Kingdom
$819M
ECU
91
Egerton Capital (UK)
United Kingdom
$814M
Mawer Investment Management
92
Mawer Investment Management
Alberta, Canada
$803M
BNP Paribas Financial Markets
93
BNP Paribas Financial Markets
France
$771M
Canada Life
94
Canada Life
Manitoba, Canada
$767M
Universal-Beteiligungs- und Servicegesellschaft
95
Universal-Beteiligungs- und Servicegesellschaft
Germany
$749M
Flossbach Von Storch
96
Flossbach Von Storch
Germany
$742M
New York State Common Retirement Fund
97
New York State Common Retirement Fund
New York
$730M
WCM Investment Management
98
WCM Investment Management
California
$727M
American Century Companies
99
American Century Companies
Missouri
$724M
TAM
100
Troy Asset Management
United Kingdom
$723M