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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
Korea Investment Corp
151
Korea Investment Corp
South Korea
$421M -$20M -57,754 -4%
Millennium Management
152
Millennium Management
New York
$410M +$380M +1,097,533 +1,047%
BNP Paribas Asset Management
153
BNP Paribas Asset Management
France
$406M +$8.74M +25,247 +2%
AIM
154
Allen Investment Management
New York
$399M -$59.8M -172,821 -13%
State Farm Mutual Automobile Insurance
155
State Farm Mutual Automobile Insurance
Illinois
$396M
DnB Asset Management
156
DnB Asset Management
Norway
$393M -$22.7M -65,702 -5%
WIM
157
Waverton Investment Management
United Kingdom
$383M +$68M +196,342 +21%
Cerity Partners
158
Cerity Partners
New York
$379M -$795K -2,297 -0.2%
Baird Financial Group
159
Baird Financial Group
Wisconsin
$379M -$1.86M -5,360 -0.5%
WJWM
160
Williams Jones Wealth Management
New York
$376M -$775K -2,238 -0.2%
VGM
161
Voyager Global Management
New York
$376M +$161M +465,000 +73%
Mitsubishi UFJ Trust & Banking
162
Mitsubishi UFJ Trust & Banking
Japan
$375M -$16M -46,128 -4%
CGI
163
Comgest Global Investors
France
$365M -$5.6M -16,193 -1%
AQR Capital Management
164
AQR Capital Management
Connecticut
$361M -$63.2M -182,627 -15%
Squarepoint
165
Squarepoint
New York
$360M +$40M +115,555 +12%
AAB
166
ABN AMRO Bank
Netherlands
$357M +$55.5M +160,352 +18%
Mariner
167
Mariner
Kansas
$349M -$13.3M -38,454 -4%
SG Americas Securities
168
SG Americas Securities
New York
$346M +$334M +964,699 +1,979%
UE
169
Unisphere Establishment
Liechtenstein
$344M -$34.5M -99,600 -9%
CLOS
170
Compagnie Lombard Odier SCmA
Switzerland
$344M -$8.72M -25,197 -2%
Treasurer of the State of North Carolina
171
Treasurer of the State of North Carolina
North Carolina
$343M +$15.1M +43,688 +5%
MG
172
Markel Group
Virginia
$341M
MA
173
Marshfield Associates
District of Columbia
$336M +$12.3M +35,616 +4%
Artisan Partners
174
Artisan Partners
Wisconsin
$328M -$10.4M -30,123 -3%
US Bancorp
175
US Bancorp
Minnesota
$326M -$16.4M -47,360 -5%

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.