VISA INC V
COM CL A · Common Stock · CUSIP 92826C839 · ISIN US92826C8394
American multinational financial services corporation
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersSan Francisco, CA
- Founded1958
- Websitecorporate.visa.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.8bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $301.92. Options: 56 managers hold calls ($3.9bn notional), 65 hold puts ($5.0bn).
Trends to Q1 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 3,183 |
| Q4 2022 | 3,410 |
| Q1 2023 | 3,438 |
| Q2 2023 | 3,494 |
| Q3 2023 | 3,522 |
| Q4 2023 | 3,780 |
| Q1 2024 | 3,856 |
| Q2 2024 | 3,839 |
| Q3 2024 | 3,878 |
| Q4 2024 | 4,290 |
| Q1 2025 | 4,289 |
| Q2 2025 | 4,350 |
| Q3 2025 | 4,318 |
| Q4 2025 | 4,610 |
| Q1 2026 | 4,475 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q2 2024 | 1,924 | 1,547 |
| Q3 2024 | 1,852 | 1,665 |
| Q4 2024 | 1,841 | 1,714 |
| Q1 2025 | 1,812 | 2,088 |
| Q2 2025 | 1,959 | 1,955 |
| Q3 2025 | 1,961 | 1,906 |
| Q4 2025 | 1,922 | 1,988 |
| Q1 2026 | 2,085 | 2,135 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q2 2025 | $4.6bn | $5.6bn | 1.23 |
| Q3 2025 | $4.5bn | $5.3bn | 1.19 |
| Q4 2025 | $4.6bn | $5.6bn | 1.21 |
| Q1 2026 | $3.9bn | $5.0bn | 1.27 |
Biggest buyers
| DIAMANT ASSET MANAGEMENT, INC. | Added | +7.3m |
| TCI FUND MANAGEMENT LTD | Added | +2.7m |
| VIKING GLOBAL INVESTORS LP | Added | +2.3m |
| Capital International Investors | Added | +2.2m |
| BANK OF MONTREAL /CAN/ | Added | +1.7m |
| Capital Research Global Investors | Added | +1.7m |
| Sanders Capital, LLC | Added | +1.5m |
| Boston Partners | Added | +1.4m |
| JONES FINANCIAL COMPANIES LLLP | Added | +1.2m |
| Eurizon Capital SGR S.p.A. | New | +1.2m |
Biggest sellers
| Berkshire Hathaway Inc | Sold out | -8.3m |
| HSBC HOLDINGS PLC | Reduced | -8.0m |
| T. Rowe Price Investment Management, Inc. | Reduced | -4.0m |
| BlackRock, Inc. | Reduced | -4.0m |
| CITADEL ADVISORS LLC | Reduced | -3.9m |
| J. Stern & Co. LLP | Reduced | -3.4m |
| Corient Private Wealth LP | Reduced | -3.3m |
| AMERIPRISE FINANCIAL INC | Reduced | -2.7m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Reduced | -1.9m |
| FMR LLC | Reduced | -1.8m |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $1.1bn3.5m shares |
| CITADEL ADVISORS LLC | Added | $938.2m3.1m shares |
| JANE STREET GROUP, LLC | Added | $461.2m1.5m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $237.4m785.4k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $149.2m493.7k shares |
| Parallax Volatility Advisers, L.P. | Reduced | $142.2m458.7k shares |
| D. E. Shaw & Co., Inc. | Added | $141.6m468.6k shares |
| Walleye Trading LLC | Reduced | $129.1m427.2k shares |
| UBS Group AG | Reduced | $100.5m332.6k shares |
| MAPLELANE CAPITAL, LLC | New | $90.7m119.9k shares |
Biggest puts
| CITIGROUP INC | Added | $995.3m3.3m shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $901.7m3.0m shares |
| CITADEL ADVISORS LLC | Added | $473.0m1.6m shares |
| MILLENNIUM MANAGEMENT LLC | Added | $419.4m1.4m shares |
| UBS Group AG | Reduced | $317.7m1.1m shares |
| JANE STREET GROUP, LLC | Added | $302.5m1.0m shares |
| IMC-Chicago, LLC | Added | $243.2m804.6k shares |
| Optiver Holding B.V. | Added | $240.3m795.0k shares |
| GOLDMAN SACHS GROUP INC | Added | $197.6m653.7k shares |
| SIMPLEX TRADING, LLC | Added | $93.7m309.9k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 7.3% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales in Q1 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q2 2024 | 0 | — | 3 | $9.6m | $9.3m |
| Q3 2024 | 0 | — | 3 | $15.6m | $5.5m |
| Q4 2024 | 0 | — | 4 | $20.2m | $9.0m |
| Q1 2025 | 0 | — | 5 | $48.6m | $35.9m |
| Q2 2025 | 0 | — | 4 | $61.5m | $61.5m |
| Q3 2025 | 0 | — | 2 | $11.0m | $11.0m |
| Q4 2025 | 0 | — | 5 | $24.9m | $24.6m |
| Q1 2026 | 0 | — | 2 | $3.9m | $3.7m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-03-11 | CARNEY LLOYD Director | Sold | $201.3k650 shares |
| 2026-01-02 | MCINERNEY RYAN Chief Executive Officer, director | Sold plan | $3.7m10.5k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q1 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.72% of their portfolio | 136.2m $41.2bn | Reduced -4.0m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.80% of their portfolio | 107.0m $32.3bn | First filing |
| STATE STREET CORP 0.86% of their portfolio | 82.3m $24.9bn | Reduced -492.1k |
| MORGAN STANLEY 0.84% of their portfolio | 46.0m $13.9bn | Reduced -883.1k |
| FMR LLC 0.72% of their portfolio | 44.9m $13.6bn | Reduced -1.8m |
| GEODE CAPITAL MANAGEMENT, LLC 0.84% of their portfolio | 44.9m $13.5bn | Added +841.1k |
| PRICE T ROWE ASSOCIATES INC /MD/ 1.44% of their portfolio | 41.1m $12.4bn | Reduced -16.4k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.59% of their portfolio | 37.6m $11.4bn | First filing |
| TCI FUND MANAGEMENT LTD 20.39% of their portfolio | 30.5m $9.2bn | Added +2.7m |
| Capital World Investors 1.04% of their portfolio | 25.2m $7.6bn | Added +701.1k |
| Capital International Investors 1.68% of their portfolio | 23.7m $7.2bn | Added +2.2m |
| BANK OF AMERICA CORP /DE/ 0.51% of their portfolio | 22.9m $6.9bn | Reduced -953.6k |
| ALLIANCEBERNSTEIN L.P. 2.06% of their portfolio | 18.2m $6.4bn | Reduced -421.0k |
| NORTHERN TRUST CORP 0.71% of their portfolio | 17.7m $5.3bn | Reduced -187.0k |
| GOLDMAN SACHS GROUP INC 0.64% of their portfolio | 16.1m $4.9bn | Added +685.2k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.87% of their portfolio | 13.9m $4.2bn | Added +1.1m |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.63% of their portfolio | 13.7m $4.1bn | Added +304.1k |
| JPMORGAN CHASE & CO 0.28% of their portfolio | 13.6m $4.1bn | Reduced -1.1m |
| Legal & General Group Plc 0.88% of their portfolio | 12.6m $3.8bn | Added +184.2k |
| ROYAL BANK OF CANADA 0.72% of their portfolio | 12.5m $3.8bn | Reduced -60.8k |
| UBS Group AG 0.65% of their portfolio | 12.0m $3.6bn | Added +446.2k |
| Bank of New York Mellon Corp 0.67% of their portfolio | 12.0m $3.6bn | Reduced -516.3k |
| AMERIPRISE FINANCIAL INC 0.77% of their portfolio | 11.0m $3.3bn | Reduced -2.7m |
| WELLINGTON MANAGEMENT GROUP LLP 0.58% of their portfolio | 10.2m $3.1bn | Added +1.0m |
| VANGUARD FIDUCIARY TRUST CO 0.74% of their portfolio | 9.7m $2.9bn | First filing |
| Invesco Ltd. 0.28% of their portfolio | 9.5m $2.9bn | Reduced -1.6m |
| FRANKLIN RESOURCES INC 0.69% of their portfolio | 9.3m $2.8bn | Added +413.1k |
| LOOMIS SAYLES & CO L P 3.76% of their portfolio | 9.3m $2.8bn | Added +32.0k |
| DIMENSIONAL FUND ADVISORS LP 0.56% of their portfolio | 8.8m $2.7bn | Added +316.6k |
| DEUTSCHE BANK AG\ 0.88% of their portfolio | 8.8m $2.7bn | Reduced -15.0k |
| BARCLAYS PLC 0.92% of their portfolio | 8.5m $2.6bn | Reduced -776.6k |
| WELLS FARGO & COMPANY/MN 0.50% of their portfolio | 8.3m $2.5bn | Added +159.3k |
| BROWN ADVISORY INC 3.77% of their portfolio | 7.6m $2.3bn | Added +196.3k |
| Fisher Asset Management, LLC 0.78% of their portfolio | 7.6m $2.3bn | Added +104.0k |
| DIAMANT ASSET MANAGEMENT, INC. 5.34% of their portfolio | 7.3m $7.3m | Added +7.3m |
| Nuveen, LLC 0.58% of their portfolio | 7.1m $2.2bn | Reduced -1.7m |
| JENNISON ASSOCIATES LLC 1.44% of their portfolio | 6.9m $2.1bn | Reduced -173.5k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 1.71% of their portfolio | 6.9m $2.1bn | Reduced -65.0k |
| HSBC HOLDINGS PLC 1.22% of their portfolio | 6.8m $2.0bn | Reduced -8.0m |
| Temasek Holdings (Private) Ltd 6.78% of their portfolio | 6.7m $2.0bn | Added +179.7k |
| Mitsubishi UFJ Asset Management Co., Ltd. 1.35% of their portfolio | 6.6m $2.0bn | Added +190.4k |
| Amundi 0.55% of their portfolio | 6.6m $2.0bn | Added +348.3k |
| Clearbridge Investments, LLC 1.70% of their portfolio | 6.5m $2.0bn | Reduced -172.5k |
| Rathbones Group PLC 3.96% of their portfolio | 6.3m $1.9bn | Reduced -148.7k |
| VIKING GLOBAL INVESTORS LP 5.35% of their portfolio | 6.3m $1.9bn | Added +2.3m |
| BANK OF MONTREAL /CAN/ 0.76% of their portfolio | 6.2m $1.9bn | Added +1.7m |
| Ninety One UK Ltd 4.28% of their portfolio | 6.1m $1.8bn | Reduced -2.6k |
| Capital Research Global Investors 0.28% of their portfolio | 6.0m $1.8bn | Added +1.7m |
| RAYMOND JAMES FINANCIAL INC 0.51% of their portfolio | 5.5m $1.7bn | Added +2.8k |
| Swiss National Bank 0.86% of their portfolio | 4.9m $1.5bn | Added +292.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.95% of their portfolio | 4.9m $1.5bn | Reduced -1.6m |
| Sanders Capital, LLC 1.75% of their portfolio | 4.9m $1.5bn | Added +1.5m |
| PRINCIPAL FINANCIAL GROUP INC 0.78% of their portfolio | 4.8m $1.5bn | Added +214.0k |
| JANUS HENDERSON GROUP PLC 0.65% of their portfolio | 4.5m $1.4bn | Added +1.1m |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.78% of their portfolio | 4.2m $2.3bn | Reduced -369.7k |
| ENVESTNET ASSET MANAGEMENT INC 0.34% of their portfolio | 4.2m $1.3bn | Added +382.7k |
| Egerton Capital (UK) LLP 13.79% of their portfolio | 4.1m $1.2bn | Added +840.0k |
| Sumitomo Mitsui Trust Group, Inc. 0.80% of their portfolio | 4.1m $1.2bn | Reduced -230.8k |
| PRIMECAP MANAGEMENT CO/CA/ 0.97% of their portfolio | 4.1m $1.2bn | Added +51.2k |
| Vanguard Global Advisers, LLC 0.60% of their portfolio | 3.7m $1.1bn | First filing |
| National Pension Service 0.78% of their portfolio | 3.4m $1.0bn | Added +102.1k |
| STIFEL FINANCIAL CORP 0.91% of their portfolio | 3.3m $991.1m | Reduced -96.2k |
| CIBC Bancorp USA Inc. 1.32% of their portfolio | 3.2m $976.8m | First filing |
| CITIGROUP INC 0.61% of their portfolio | 3.2m $962.4m | Added +704.7k |
| California Public Employees Retirement System 0.59% of their portfolio | 3.2m $960.1m | Reduced -142.7k |
| RHUMBLINE ADVISERS 0.82% of their portfolio | 3.2m $953.2m | Reduced -46.7k |
| TD Asset Management Inc 0.77% of their portfolio | 3.1m $945.3m | Reduced -33.7k |
| Fundsmith LLP 7.31% of their portfolio | 3.1m $938.2m | Reduced -430.6k |
| NEUBERGER BERMAN GROUP LLC 0.71% of their portfolio | 3.1m $936.6m | Added +69.8k |
| Grantham, Mayo, Van Otterloo & Co. LLC 2.35% of their portfolio | 3.0m $917.6m | Added +386.6k |
| Fayez Sarofim & Co 2.31% of their portfolio | 3.0m $902.9m | Added +35.1k |
| Soroban Capital Partners LP 6.40% of their portfolio | 3.0m $895.0m | Added +476.6k |
| EDGEWOOD MANAGEMENT LLC 5.72% of their portfolio | 2.9m $886.0m | Reduced -741.3k |
| LPL Financial LLC 0.24% of their portfolio | 2.9m $885.1m | Reduced -29.9k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.75% of their portfolio | 2.9m $881.7m | First filing |
| BESSEMER GROUP INC 1.35% of their portfolio | 2.9m $861.6m | Reduced -92.9k |
| 1832 Asset Management L.P. 1.13% of their portfolio | 2.8m $854.7m | Added +109.5k |
| Swedbank AB 0.88% of their portfolio | 2.8m $840.4m | Reduced -202.5k |
| BNP PARIBAS FINANCIAL MARKETS 0.55% of their portfolio | 2.8m $839.3m | Added +135.2k |
| SANDS CAPITAL MANAGEMENT, LLC 3.29% of their portfolio | 2.8m $837.3m | Reduced -319.7k |
| PNC Financial Services Group, Inc. 0.48% of their portfolio | 2.8m $834.3m | Reduced -106.8k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.82% of their portfolio | 2.6m $775.6m | Reduced -75.6k |
| T. Rowe Price Investment Management, Inc. 0.53% of their portfolio | 2.6m $775.6m | Reduced -4.0m |
| NATIXIS ADVISORS, LLC 1.04% of their portfolio | 2.5m $750.3m | Added +105.0k |
| NORDEA INVESTMENT MANAGEMENT AB 0.68% of their portfolio | 2.5m $732.3m | Reduced -281.2k |
| POLEN CAPITAL MANAGEMENT LLC 5.11% of their portfolio | 2.4m $739.2m | Reduced -929.6k |
| LAZARD ASSET MANAGEMENT LLC 1.20% of their portfolio | 2.4m $729.8m | Added +55.2k |
| WELLCOME TRUST LTD (THE) as trustee of the WELLCOME TRUST 8.96% of their portfolio | 2.4m $725.4m | Unchanged |
| Capital Wealth Planning, LLC 3.91% of their portfolio | 2.3m $708.3m | Added +172.5k |
| ValueAct Holdings, L.P. 12.26% of their portfolio | 2.3m $700.1m | Added +598.0k |
| D. E. Shaw & Co., Inc. 0.55% of their portfolio | 2.3m $692.1m | Added +241.4k |
| Bank Julius Baer & Co. Ltd, Zurich 2.08% of their portfolio | 2.3m $690.2m | Reduced -485.5k |
| ROYAL LONDON ASSET MANAGEMENT LTD 1.42% of their portfolio | 2.2m $676.8m | Reduced -119.9k |
| Holocene Advisors, LP 1.59% of their portfolio | 2.2m $656.3m | Reduced -817.2k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.76% of their portfolio | 2.2m $653.1m | Reduced -413.5k |
| AVIVA PLC 1.08% of their portfolio | 2.1m $646.0m | Added +98.8k |
| Universal- Beteiligungs- und Servicegesellschaft mbH 1.11% of their portfolio | 2.1m $643.3m | Reduced -47.0k |
| SG Americas Securities, LLC 0.70% of their portfolio | 2.1m $630.4m | Reduced -936.5k |
| WCM INVESTMENT MANAGEMENT, LLC 1.41% of their portfolio | 2.1m $618.5m | Reduced -21.4k |
| Pictet Asset Management Holding SA 0.65% of their portfolio | 2.0m $617.7m | Reduced -359.6k |