# Visa (V): value investors who own it | moatshark

26 value investors held Visa in their Q3 2026 13F, led by TCI Fund Management, Troy Asset Management, ValueAct, AKO Capital, Akre Capital Management.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| TCI Fund Management | 19.8% | $10bn | Added +0.1% | 29 |
| Troy Asset Management | 15.6% | $560m | Added 0.0% | 36 |
| ValueAct | 14.1% | $795m | Unchanged | 8 |
| AKO Capital | 7.9% | $338m | Trimmed -17% | 39 |
| Akre Capital Management | 7.4% | $381m | Trimmed -32% | 53 |
| AltaRock Partners | 6.8% | $287m | Added +68% | 47 |
| Wedgewood Partners | 6.3% | $30.6m | Added +7.4% | 12 |
| Weitz Investment Management | 6.3% | $91.0m | Unchanged | 40 |
| Pershing Square | 5.8% | $1.1bn | New | 1 |
| Polen Capital Management | 5.3% | $619m | Trimmed -26% | 53 |
| Valley Forge Capital Management | 5.1% | $159m | Trimmed -23% | 39 |
| Fundsmith | 5.1% | $693m | Trimmed -35% | 54 |
| Vulcan Value Partners | 4.8% | $159m | Trimmed -28% | 53 |
| Giverny Capital | 4.5% | $134m | Trimmed -1.6% | 46 |
| Baupost Group | 4.4% | $241m | Unchanged | 2 |
| Cantillon Capital Management | 4.3% | $28.7m | Trimmed -95% | 43 |
| Mairs & Power | 2.7% | $292m | Added +1.3% | 53 |
| Markel Group | 2.6% | $348m | Added +1.0% | 53 |
| Dodge & Cox | 1.0% | $1.9bn | Added +630555% | 48 |
| Gardner Russo & Quinn | 0.3% | $29.9m | Trimmed -7.0% | 34 |
| Harris Associates (Oakmark) | 0.3% | $244m | Trimmed -0.8% | 53 |
| Lindsell Train | 0.1% | $3.6m | Added +1.9% | 25 |
| Matrix Asset Advisors | 0.0% | $397k | Trimmed -1.3% | 15 |
| Horizon Kinetics | 0.0% | $1.6m | Unchanged | 30 |
| Brave Warrior Advisors | 0.0% | $212k | New | 1 |
| Yacktman Asset Management | 0.0% | $251k | Unchanged | 8 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-01 | MCINERNEY RYAN | Chief Executive Officer | Sold | 5875 | $2.1m |
| 2026-09-09 | ROTTENBERG JULIE B | GENERAL COUNSEL | Sold | 1867 | $688k |
| 2026-09-01 | MCINERNEY RYAN | Chief Executive Officer | Sold | 5875 | $2.2m |
| 2026-08-31 | ROTTENBERG JULIE B | GENERAL COUNSEL | Sold | 2028 | $773k |
| 2026-08-21 | Taneja Rajat | PRESIDENT, TECHNOLOGY | Sold | 17927 | $6.7m |
| 2026-08-21 | MCINERNEY RYAN | Chief Executive Officer | Sold | 5875 | $2.2m |
| 2026-07-30 | MAHON TULLIER KELLY | VICE CHAIR, CHF PPL & CORP AFF | Sold | 37281 | $13.6m |
| 2026-07-30 | MAHON TULLIER KELLY | VICE CHAIR, CHF PPL & CORP AFF | Sold | 19991 | $7.3m |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Akre Focus ETF | Akre Capital Management | 7.2% | $380m | 2026-07-31 |
| Weitz Large Cap Equity Fund | Weitz Investment Management | 6.3% | $39.5m | 2026-06-30 |
| Weitz Partners III Opportunity Fund | Weitz Investment Management | 5.7% | $18.9m | 2026-06-30 |
| Weitz Partners Value Fund | Weitz Investment Management | 5.4% | $26.9m | 2026-06-30 |
| Polen Global Growth Fund | Polen Capital Management | 5.1% | $5.7m | 2026-07-31 |
| Fundsmith Equity ETF | Fundsmith | 4.0% | $312k | 2026-06-30 |
| Vulcan Value Partners Fund | Vulcan Value Partners | 2.9% | $6.7m | 2026-07-31 |
| Mairs & Power Growth Fund | Mairs & Power | 2.9% | $160m | 2026-06-30 |
| Dodge & Cox Global Stock Fund | Dodge & Cox | 0.8% | $107m | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/v). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.