
Visa Stock: Top Institutional Buyers
By Rekha Khandelwal, CFAMay. 22 2019, Published 7:02 a.m. ET
Top buyers
In the first quarter, the Vanguard Group, Capital World Investors, and Capital International Investors bought 11.2 million, 4.6 million, and 3.6 million Visa (V) shares, respectively. The Vanguard Group is the largest institutional investor in Visa. The Vanguard Group holds 8.4% of Visa’s outstanding shares. Capital World Investors and Capital International Investors hold 1.7% and 1.1% of Visa’s outstanding shares.
The above chart shows the top ten institutional investors in Visa and their latest position changes. Together, the top ten investors bought 22.6 million Visa shares in the first quarter, which likely indicates top investors’ bullish sentiments for the stock. The top ten investors hold 34.2% of Visa’s outstanding shares.
Sellers
Recently, T. Rowe Price Associates and MFS Investment Management each sold 1 million Visa shares. Only three of the top ten investors in Visa sold their holdings in the first quarter.
Another notable sale transaction included the sale of 3.3 million Visa shares by Goldman Sachs (GS). Viking Global Investors and Arrowstreet Capital sold 3.1 million and 2.9 million Visa shares, respectively.
Around 79% of Visa’s outstanding shares are held in North America. Europe accounts for 14%, while the Asia-Pacific region accounts for 3% of Visa’s outstanding shares. Visa stock has risen 24% year-to-date. Visa has outperformed the broader markets during this period.