4,464 hedge funds and large institutions have $523B invested in Visa in 2025 Q4 according to their latest regulatory filings, with 431 funds opening new positions, 1,769 increasing their positions, 1,825 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 (+$20.4B)

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: 1,769 | Existing positions reduced: 1,825

Holders
4,464
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
479
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
SMC
2026
Smith, Moore & Co
Missouri
$3.02M
CIA
2027
Compass Ion Advisors
Pennsylvania
$3.01M
NL
2028
NWAM LLC
Washington
$3.01M
F8IS
2029
Figure 8 Investment Strategies
Idaho
$3.01M
FPL
2030
Fortress Private Ledger
North Carolina
$3.01M
MSFP
2031
Mark Sheptoff Financial Planning
Connecticut
$2.99M
EWM
2032
Evermay Wealth Management
Virginia
$2.99M
FGA
2033
Fortis Group Advisors
New Jersey
$2.99M
PA
2034
PFW Advisors
Georgia
$2.99M
QC
2035
Quent Capital
New York
$2.98M
QLSGSCF
2036
Quent Long Short Global Small Cap Fund
New York
$2.98M
KIM
2037
Kestra Investment Management
Texas
$2.98M
SFS
2038
Stiles Financial Services
Minnesota
$2.98M
MFFIA
2039
McIntyre, Freedman & Flynn Investment Advisers
Massachusetts
$2.98M
EWM
2040
EPG Wealth Management
Georgia
$2.97M
BA
2041
Ballast Advisors
Minnesota
$2.97M
BWM
2042
Bulltick Wealth Management
Florida
$2.96M
CW
2043
Channel Wealth
California
$2.96M
DCM
2044
Dudley Capital Management
Virginia
$2.96M
AWC
2045
Abundance Wealth Counselors
Pennsylvania
$2.96M
BFA
2046
Beacon Financial Advisory
Ohio
$2.96M
RPCONE
2047
Retirement Planning Company of New England
Rhode Island
$2.95M
AGWCA
2048
Annis Gardner Whiting Capital Advisors
Florida
$2.94M
Axa
2049
Axa
France
$2.93M
PIA
2050
Perennial Investment Advisors
California
$2.93M