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2,290 hedge funds and large institutions have $213B invested in Visa in 2018 Q4 according to their latest regulatory filings, with 287 funds opening new positions, 866 increasing their positions, 894 reducing their positions, and 120 closing their positions.

New
Increased
Maintained
Reduced
Closed

139% more first-time investments, than exits

New positions opened: 287 | Existing positions closed: 120

35% more call options, than puts

Call options by funds: $2.59B | Put options by funds: $1.92B

7% more funds holding

Funds holding: 2,1472,290 (+143)

3% more funds holding in top 10

Funds holding in top 10: 471486 (+15)

0.41% more ownership

Funds ownership: 92.32%92.73% (+0.41%)

3% less repeat investments, than reductions

Existing positions increased: 866 | Existing positions reduced: 894

13% less capital invested

Capital invested by funds: $246B → $213B (-$32.8B)

Holders
2,290
Holders Change
+143
Holders Change %
+6.66%
% of All Funds
51.01%
Holding in Top 10
486
Holding in Top 10 Change
+15
Holding in Top 10 Change %
+3.18%
% of All Funds
10.83%
New
287
Increased
866
Reduced
894
Closed
120
Calls
$2.59B
Puts
$1.92B
Net Calls
+$666M
Net Calls Change
+$786M
Name Holding Trade Value Shares
Change
Change in
Stake
Vanguard Group
1
Vanguard Group
Pennsylvania
$17.7B +$156M +1,127,461 +0.8%
BlackRock
2
BlackRock
New York
$16.1B -$90.2M -652,874 -0.5%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$11.9B +$498M +3,606,814 +4%
T. Rowe Price Associates
4
T. Rowe Price Associates
Maryland
$10.5B +$136M +982,579 +1%
State Street
5
State Street
Massachusetts
$10.1B -$208M -1,508,438 -2%
Morgan Stanley
6
Morgan Stanley
New York
$4.08B +$157M +1,134,566 +4%
Massachusetts Financial Services
7
Massachusetts Financial Services
Massachusetts
$3.99B -$76.4M -553,278 -2%
Capital World Investors
8
Capital World Investors
California
$3.25B -$33.4M -242,162 -1%
Geode Capital Management
9
Geode Capital Management
Massachusetts
$3.1B +$172M +1,244,893 +6%
Bank of America
10
Bank of America
North Carolina
$2.96B +$56.1M +406,530 +2%
Northern Trust
11
Northern Trust
Illinois
$2.57B +$70.6M +511,091 +3%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$2.48B -$175M -1,266,348 -6%
Fisher Asset Management
13
Fisher Asset Management
Washington
$2.46B +$73.8M +534,608 +3%
JP Morgan Chase
14
JP Morgan Chase
New York
$2.45B -$567M -4,101,881 -18%
Goldman Sachs
15
Goldman Sachs
New York
$2.41B -$26.3M -190,102 -1%
Norges Bank
16
Norges Bank
Norway
$2.34B +$4.07M +29,484 +0.2%
Bank of New York Mellon
17
Bank of New York Mellon
New York
$2.34B -$26.7M -193,269 -1%
Jennison Associates
18
Jennison Associates
New York
$2.28B +$37.5M +271,382 +2%
Sands Capital Management
19
Sands Capital Management
Virginia
$2.18B -$121M -879,073 -5%
AllianceBernstein
20
AllianceBernstein
Tennessee
$2.16B +$35.9M +260,136 +2%
Loomis, Sayles & Company
21
Loomis, Sayles & Company
Massachusetts
$2.07B -$47.9M -346,691 -2%
Capital International Investors
22
Capital International Investors
California
$2.03B +$308M +2,226,646 +17%
MAM
23
Magellan Asset Management
Australia
$1.96B -$27M -195,507 -1%
Edgewood Management
24
Edgewood Management
Connecticut
$1.87B -$172M -1,246,348 -8%
MSE
25
MUFG Securities EMEA
United Kingdom
$1.83B +$290M +2,100,000 +18%

V Hedge Fund Activity: Q4 2018 in Review

2,290 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Visa (V) for Q4 2018, worth a combined $213B — down 13% from $246B a quarter earlier.

Buyers outnumbered sellers: 287 funds opened new V positions and 120 closed out — a net gain of 167 holders — while 866 added to existing stakes and 894 trimmed.

The largest buyer was Viking Global Investors, adding an estimated $674M. The largest seller was JP Morgan Chase, cutting an estimated $567M.

  • 2,290 institutional investors held Visa (V) as of Q4 2018, up from 2,147 in Q3 2018.
  • Funds reported $213B of Visa stock for Q4 2018, down 13% quarter-over-quarter.
  • 287 funds opened new Visa positions in Q4 2018 and 120 closed out, a net change of +167 holders.
  • The largest Visa buyer in Q4 2018 was Viking Global Investors, an estimated $674M added.
  • The largest Visa seller in Q4 2018 was JP Morgan Chase, an estimated $567M sold.

Based on aggregated 13F filings for Q4 2018.