4,452 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, 1,767 increasing their positions, 1,820 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 (+$20.3B)

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: 1,767 | Existing positions reduced: 1,820

Holders
4,452
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
478
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
D.E. Shaw & Co
101
D.E. Shaw & Co
New York
$718M
New York State Common Retirement Fund
102
New York State Common Retirement Fund
New York
$715M
Aviva
103
Aviva
United Kingdom
$715M
Mawer Investment Management
104
Mawer Investment Management
Alberta, Canada
$714M
NAMI
105
Nomura Asset Management International
Pennsylvania
$706M
Robeco Institutional Asset Management
106
Robeco Institutional Asset Management
Netherlands
$699M
Winslow Capital Management
107
Winslow Capital Management
Minnesota
$698M
Arrowstreet Capital
108
Arrowstreet Capital
Massachusetts
$690M
CCM
109
Cantillon Capital Management
New York
$684M
First Trust Advisors
110
First Trust Advisors
Illinois
$680M
William Blair & Company
111
William Blair & Company
Illinois
$677M
DnB Asset Management
112
DnB Asset Management
Norway
$670M
Manulife (Manufacturers Life Insurance)
113
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$661M
SEI Investments
114
SEI Investments
Pennsylvania
$649M
Corient Private Wealth
115
Corient Private Wealth
Florida
$634M
DB
116
Danske Bank
Denmark
$633M
Russell Investments Group
117
Russell Investments Group
United Kingdom
$631M
VH
118
ValueAct Holdings
California
$603M
Qube Research & Technologies (QRT)
119
Qube Research & Technologies (QRT)
United Kingdom
$592M
Thrivent Financial for Lutherans
120
Thrivent Financial for Lutherans
Minnesota
$584M
DekaBank Deutsche Girozentrale
121
DekaBank Deutsche Girozentrale
Germany
$568M
Canada Life
122
Canada Life
Manitoba, Canada
$563M
SC
123
Scotia Capital
Ontario, Canada
$556M
Aberdeen Group
124
Aberdeen Group
United Kingdom
$556M
Truist Financial
125
Truist Financial
North Carolina
$548M