4,493 hedge funds and large institutions have $527B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 451 funds opening new positions, 1,776 increasing their positions, 1,828 reducing their positions, and 133 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:

5% more capital invested

Capital invested by funds: $503B → $527B (+$23.8B)

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: 1,776 | Existing positions reduced: 1,828

Holders
4,493
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
481
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
UIM
176
USS Investment Management
United Kingdom
$330M
Treasurer of the State of North Carolina
177
Treasurer of the State of North Carolina
North Carolina
$329M
Squarepoint
178
Squarepoint
New York
$328M
National Bank of Canada
179
National Bank of Canada
Quebec, Canada
$327M
Luther King Capital Management (LKCM)
180
Luther King Capital Management (LKCM)
Texas
$324M
VFCM
181
Valley Forge Capital Management
Florida
$321M
APG Asset Management
182
APG Asset Management
Netherlands
$318M
CIBC World Market
183
CIBC World Market
Ontario, Canada
$316M
Marshall Wace
184
Marshall Wace
United Kingdom
$314M
BMSSC
185
B. Metzler seel. Sohn & Co
Germany
$310M
State of Wisconsin Investment Board
186
State of Wisconsin Investment Board
Wisconsin
$309M
Public Sector Pension Investment Board (PSP Investments)
187
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$303M
Cetera Investment Advisers
188
Cetera Investment Advisers
Illinois
$298M
WorldQuant Millennium Advisors
189
WorldQuant Millennium Advisors
New York
$297M
Federated Hermes
190
Federated Hermes
Pennsylvania
$291M
Allspring Global Investments
191
Allspring Global Investments
North Carolina
$289M
Acadian Asset Management
192
Acadian Asset Management
Massachusetts
$289M
CRM
193
Cardano Risk Management
Netherlands
$288M
FWIA
194
Fort Washington Investment Advisors
Ohio
$288M
LA
195
LBP AM
France
$282M
MPI
196
Mairs & Power Inc
Minnesota
$281M
QP
197
Quilter Plc
United Kingdom
$281M
UM
198
UniSuper Management
Australia
$279M
Janney Montgomery Scott
199
Janney Montgomery Scott
Pennsylvania
$279M
Credit Agricole
200
Credit Agricole
France
$279M