DAVENPORT & Co LLC Reduces Visa Inc. Stake by 1.6%

Investment firm sells 7,978 shares of credit card processor in Q4 2025

Mar. 27, 2026 at 8:06am

Got story updates? Submit your updates here. ›

DAVENPORT & Co LLC, an investment management firm, reduced its stake in Visa Inc. (NYSE:V) by 1.6% in the fourth quarter of 2025. The firm now owns 482,268 shares of the credit-card processor's stock, valued at $169,376,000 as of its most recent SEC filing.

Why it matters

Visa is a major player in the global payments industry, and changes in ownership by large institutional investors can provide insights into market sentiment around the company's performance and future prospects.

The details

DAVENPORT & Co LLC sold 7,978 shares of Visa stock during the fourth quarter, bringing its total holdings down to 482,268 shares. The firm's investment in Visa makes up 0.9% of its overall portfolio, making it the 24th largest holding. Other large investors have also recently adjusted their Visa positions, with some adding to their stakes and others reducing exposure.

  • DAVENPORT & Co LLC filed its most recent 13F report with the SEC on March 27, 2026, disclosing the Q4 2025 changes to its Visa holdings.

The players

DAVENPORT & Co LLC

An investment management firm that owns a sizable stake in Visa Inc.

Visa Inc.

A global payments technology company that facilitates electronic funds transfers and digital commerce.

Got photos? Submit your photos here. ›

The takeaway

The reduction in DAVENPORT & Co LLC's Visa holdings, while relatively small, could signal a shift in sentiment around the credit card processor's stock among some institutional investors. However, Visa remains a top holding for the firm and continues to be viewed positively by the broader analyst community.