undamentalytics Newsletter

Visa Inc.: which funds bought and sold

Institutions that bought and sold Visa shares in Q2 2026, from the holdings they reported to the SEC on Form 13F for March 31, 2026 and June 30, 2026.

Between March 31, 2026 and June 30, 2026, 2,242 institutions that filed 13F reports for both quarters added to or opened positions in Visa, and 1,863 cut or closed them. Together they added a net 13.2M shares, +0.9% on what they held at the start of the quarter. Active managers and hedge funds on our list were net sellers of 2.8M shares (−0.7%); index fund managers were net buyers of 1.3M shares (+0.3%). 232 opened a new position and 129 sold out entirely.

Bought, Q2 2026 2,242 institutions, 232 of them new holders Sold, Q2 2026 1,863 institutions, 129 of them sold out
Net change, all compared +13.2M shares (+0.9%)
Net change, active managers −2.8M shares (−0.7%), 85 bought, 99 sold

Buyers versus sellers

institutions compared, 4,562
Active managers and hedge funds 85 bought · 99 sold · −2.8M
Index fund managers 6 bought · 6 sold · +1.3M
Other institutions 2,151 bought · 1,758 sold · +14.6M

Biggest buyers

by change in shares held
Biggest buyers
Institution Change in shares Shares June 30, 2026 Value
Wells Fargo & Company +5.6M +67.9% 13.9M $4.8B
Dodge & Cox Active manager +5.4M +630554.9% 5.4M $1.9B
Pershing Square Inc. Hedge fund +3.3M New position 3.3M $1.1B
Capital World Investors Active manager +3.1M +12.3% 28.3M $9.7B
Barclays PLC +2.2M +26.2% 10.7M $3.7B
UBS Am, A Distinct Business Unit Of UBS Asset Management Americas LLC +1.8M +13.0% 15.7M $5.4B
DNB Asset Management As +1.6M +80.7% 3.6M $1.2B
Blackrock, Inc. Index funds +1.5M +1.1% 137.7M $47.2B
Ameriprise Financial Inc +1.3M +12.2% 12.3M $4.2B
Franklin Resources Inc Active manager +1.2M +13.3% 10.5M $3.6B
Amundi +1.1M +16.5% 7.7M $2.6B
Jane Street Group, LLC +1.1M +331.0% 1.4M $477M
Charles Schwab Investment Management Inc Index funds +818K +6.0% 14.5M $5B
Tiger Global Management LLC Hedge fund +799K New position 799K $274M
Canada Pension Plan Investment Board +798K +86.8% 1.7M $590M
T. Rowe Price Investment Management, Inc. Active manager +777K +30.3% 3.3M $1.1B
Capital International Investors Active manager +734K +3.1% 24.4M $8.4B
Schroder Investment Management Group Active manager +724K +10.5% 7.6M $2.6B
Pictet Asset Management Holding SA +685K +33.5% 2.7M $936M
UBS Group AG +648K +5.4% 12.7M $4.4B

Biggest sellers

by change in shares held
Biggest sellers
Institution Change in shares Shares June 30, 2026 Value
Price T Rowe Associates Inc Active manager −5.6M −13.6% 35.5M $12.2B
Rathbones Group PLC −3.2M −50.6% 3.1M $1.1B
FMR LLC Active manager −2.0M −4.4% 42.9M $14.7B
Capital Research Global Investors Active manager −1.9M −32.3% 4.1M $1.4B
Cantillon Capital Management LLC −1.6M −95.1% 84K $28.7M
Edgewood Management LLC Active manager −1.3M −45.8% 1.6M $545M
Qube Research & Technologies Ltd Hedge fund −1.3M −77.0% 381K $131M
Fundsmith LLP Active manager −1.1M −34.9% 2.0M $693M
Bank Of Montreal −1.1M −17.5% 5.1M $1.7B
Bessemer Group Inc −985K −34.6% 1.9M $640M
TD Asset Management Inc −876K −28.0% 2.3M $772M
Vanguard Capital Management LLC Index funds −855K −0.8% 106.2M $36.4B
Farallon Capital Management, L.L.C. Hedge fund −841K Sold out 0 —
Vanguard Portfolio Management LLC Index funds −760K −2.0% 36.8M $12.6B
Coatue Management LLC Hedge fund −719K Sold out 0 —
Legal & General Group PLC −655K −5.2% 11.9M $4.1B
Victory Capital Management Inc Active manager −652K −13.3% 4.3M $1.5B
Polen Capital Management LLC Active manager −640K −26.2% 1.8M $619M
Bank Of New York Mellon Corp −627K −5.2% 11.4M $3.9B
Magellan Asset Management Ltd Active manager −604K −90.9% 61K $20.8M

New positions

largest by value
InstitutionSharesValue June 30, 2026
Pershing Square Inc.Hedge fund 3.3M $1.1B
Tiger Global Management LLCHedge fund 799K $274M
Alberta Investment Management Corp 473K $162M
Junto Capital Management LPHedge fund 462K $158M
Hudson Bay Capital Management LPHedge fund 391K $134M
HRT Financial LP 327K $112M
Nationale-Nederlanden Powszechne Towarzystwo Emerytalne S.A. 237K $81.4M
Meridiem Capital Partners LP 199K $68.1M
Castle Hook Partners LPHedge fund 160K $55M
Freestone Grove Partners LPHedge fund 151K $51.9M

Sold out

largest by value
InstitutionSharesValue March 31, 2026
Farallon Capital Management, L.L.C.Hedge fund 841K $254M
Coatue Management LLCHedge fund 719K $217M
Commonwealth Of Pennsylvania Public School Empls Retrmt Sys 392K $118M
North Reef Capital Management LPHedge fund 360K $109M
Rokos Capital Management LLPHedge fund 152K $45.9M
Lighthouse Investment Partners, LLCHedge fund 75K $22.6M
Atreides Management, LPHedge fund 72K $21.7M
Sora Investors LLC 71K $21.6M
Sone Capital Management, LLC 60K $18M
Fora Capital, LLC 58K $17.7M

Who holds the shares

13F holdings at June 30, 2026
Institutions reporting
4,509
Ten largest holders
39.8%
of 13F-reported shares
Index fund managers
30.5%
of 13F-reported shares
Active managers and hedge funds
25.2%
of 13F-reported shares
Buying and selling by type of institution, March 31, 2026 to June 30, 2026
TypeBoughtSoldNewSold outNet change in sharesNet %
Active managers and hedge funds 85 99 14 8 −2.8M −0.7%
Index fund managers 6 6 0 0 +1.3M +0.3%
Other institutions 2,151 1,758 218 121 +14.6M +2.4%

Active managers and hedge funds: a list we maintain of about 400 well-known stock-picking firms and hedge funds, matched by SEC registration number (CIK) and checked against the filer names each quarter. Index fund managers: the large index houses, such as BlackRock, Vanguard, State Street, Geode and Northern Trust. Every other filer (banks, brokers, wealth managers, pension funds, insurers and firms not on the list) counts as another institution. A firm that files under several SEC registrations appears once for each.

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