4,229 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, 1,736 reducing their positions, and 140 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: 4,3014,229 (-72)

6% less capital invested

Capital invested by funds: $533B → $502B (-$30.4B)

22% less funds holding in top 10

Funds holding in top 10: 566443 (-123)

Holders
4,229
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
443
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
State of Wisconsin Investment Board
176
State of Wisconsin Investment Board
Wisconsin
$317M
Luther King Capital Management (LKCM)
177
Luther King Capital Management (LKCM)
Texas
$314M
VFCM
178
Valley Forge Capital Management
Florida
$311M
Arrowstreet Capital
179
Arrowstreet Capital
Massachusetts
$310M
Acadian Asset Management
180
Acadian Asset Management
Massachusetts
$306M
Asset Management One
181
Asset Management One
Japan
$306M
CIBC World Market
182
CIBC World Market
Ontario, Canada
$302M
Skandinaviska Enskilda Banken (SEB)
183
Skandinaviska Enskilda Banken (SEB)
Sweden
$299M
Public Sector Pension Investment Board (PSP Investments)
184
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$298M
BMSSC
185
B. Metzler seel. Sohn & Co
Germany
$296M
Allspring Global Investments
186
Allspring Global Investments
North Carolina
$296M
CRM
187
Cardano Risk Management
Netherlands
$290M
Cetera Investment Advisers
188
Cetera Investment Advisers
Illinois
$288M
Toronto Dominion Bank
189
Toronto Dominion Bank
Ontario, Canada
$286M
SGM
190
Skye Global Management
Florida
$281M
Federated Hermes
191
Federated Hermes
Pennsylvania
$281M
KCM
192
Kensico Capital Management
Connecticut
$279M
FWIA
193
Fort Washington Investment Advisors
Ohio
$278M
QP
194
Quilter Plc
United Kingdom
$272M
MU
195
Mirova US
Massachusetts
$272M
UM
196
UniSuper Management
Australia
$271M
MPI
197
Mairs & Power Inc
Minnesota
$270M
Janney Montgomery Scott
198
Janney Montgomery Scott
Pennsylvania
$269M
A
199
AustralianSuper
Australia
$265M
Commonwealth Equity Services
200
Commonwealth Equity Services
Massachusetts
$262M