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
Credit Agricole
201
Credit Agricole
France
$279M
Toronto Dominion Bank
202
Toronto Dominion Bank
Ontario, Canada
$273M
MC
203
Maverick Capital
Texas
$272M
KCM
204
Kensico Capital Management
Connecticut
$272M
MU
205
Mirova US
Massachusetts
$271M
Creative Planning
206
Creative Planning
Kansas
$269M
Nomura Asset Management
207
Nomura Asset Management
Japan
$267M
Connor, Clark & Lunn Investment Management (CC&L)
208
Connor, Clark & Lunn Investment Management (CC&L)
British Columbia, Canada
$266M
American Century Companies
209
American Century Companies
Missouri
$264M
Two Sigma Advisers
210
Two Sigma Advisers
New York
$263M
KK
211
KLP Kapitalforvaltning
Norway
$262M
Select Equity Group
212
Select Equity Group
New York
$261M
NA
213
NewEdge Advisors
Louisiana
$260M
CC
214
Capital Counsel
New York
$260M
Retirement Systems of Alabama
215
Retirement Systems of Alabama
Alabama
$259M
Skandinaviska Enskilda Banken (SEB)
216
Skandinaviska Enskilda Banken (SEB)
Sweden
$258M
Harris Associates
217
Harris Associates
Illinois
$258M
LF
218
Lansforsakringar Fondforvaltning
Sweden
$258M
MGP
219
M&G plc
United Kingdom
$258M
LFG
220
Lazard Frères Gestion
France
$258M
VVP
221
Vulcan Value Partners
Alabama
$255M
WF
222
Welch & Forbes
Massachusetts
$255M
CI Investments Inc
223
CI Investments Inc
Ontario, Canada
$254M
Canada Pension Plan Investment Board
224
Canada Pension Plan Investment Board
Ontario, Canada
$253M
Ohio Public Employees Retirement System (OPERS)
225
Ohio Public Employees Retirement System (OPERS)
Ohio
$253M