4,569 hedge funds and large institutions have $528B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 495 funds opening new positions, 1,787 increasing their positions, 1,843 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 → $528B (+$24.5B)

1% more call options, than puts

Call options by funds: $5.58B | Put options by funds: $5.54B

3% less repeat investments, than reductions

Existing positions increased: 1,787 | Existing positions reduced: 1,843

Holders
4,569
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
487
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$5.58B
Puts
$5.54B
Net Calls
Net Calls Change

Top Buyers

1 +$1.14B
2 +$1.07B
3 +$721M
4
SG Americas Securities
SG Americas Securities
New York
+$684M
5
Citadel Advisors
Citadel Advisors
Florida
+$509M

Top Sellers

1 -$890M
2 -$675M
3 -$598M
4
Goldman Sachs
Goldman Sachs
New York
-$555M
5
Edgewood Management
Edgewood Management
Connecticut
-$481M
Name Holding Trade Value Shares
Change
Change in
Stake
Asset Management One
176
Asset Management One
Japan
$331M
UIM
177
USS Investment Management
United Kingdom
$330M
Treasurer of the State of North Carolina
178
Treasurer of the State of North Carolina
North Carolina
$329M
Squarepoint
179
Squarepoint
New York
$328M
National Bank of Canada
180
National Bank of Canada
Quebec, Canada
$327M
Luther King Capital Management (LKCM)
181
Luther King Capital Management (LKCM)
Texas
$324M
VFCM
182
Valley Forge Capital Management
Florida
$321M
APG Asset Management
183
APG Asset Management
Netherlands
$318M
CIBC World Market
184
CIBC World Market
Ontario, Canada
$316M
Marshall Wace
185
Marshall Wace
United Kingdom
$314M
BMSSC
186
B. Metzler seel. Sohn & Co
Germany
$310M
State of Wisconsin Investment Board
187
State of Wisconsin Investment Board
Wisconsin
$309M
Public Sector Pension Investment Board (PSP Investments)
188
Public Sector Pension Investment Board (PSP Investments)
Quebec, Canada
$303M
Cetera Investment Advisers
189
Cetera Investment Advisers
Illinois
$298M
WorldQuant Millennium Advisors
190
WorldQuant Millennium Advisors
New York
$297M
Federated Hermes
191
Federated Hermes
Pennsylvania
$291M
Allspring Global Investments
192
Allspring Global Investments
North Carolina
$289M
Acadian Asset Management
193
Acadian Asset Management
Massachusetts
$289M
CRM
194
Cardano Risk Management
Netherlands
$288M
FWIA
195
Fort Washington Investment Advisors
Ohio
$288M
LA
196
LBP AM
France
$282M
MPI
197
Mairs & Power Inc
Minnesota
$281M
QP
198
Quilter Plc
United Kingdom
$281M
UM
199
UniSuper Management
Australia
$279M
Janney Montgomery Scott
200
Janney Montgomery Scott
Pennsylvania
$279M