Chevy Chase Trust Holdings Reduces Visa Stake

Asset manager cuts position in credit card giant by 3% in Q3 2025

Mar. 15, 2026 at 11:06am

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Chevy Chase Trust Holdings LLC, a Maryland-based asset management firm, decreased its stake in Visa Inc. (NYSE:V) by 3% during the third quarter of 2025, according to a recent SEC filing. The firm now owns approximately 1.43 million shares of the credit card processor, worth around $488 million and representing about 0.08% of Visa's total outstanding shares.

Why it matters

Visa is one of the world's largest and most influential payment processing companies, so changes to major institutional investors' holdings in the stock can provide insights into broader market sentiment and expectations around the company's future performance.

The details

Chevy Chase Trust Holdings sold 43,805 Visa shares in Q3 2025, reducing its total position to 1,430,708 shares. The firm cited portfolio rebalancing and risk management as reasons for the decrease. Visa remains Chevy Chase's 12th largest holding, comprising 1.3% of its total assets under management.

  • Chevy Chase Trust Holdings decreased its Visa stake in the third quarter of 2025.

The players

Chevy Chase Trust Holdings LLC

A Maryland-based asset management firm that owns a significant stake in Visa Inc.

Visa Inc.

A global payments technology company that operates one of the world's largest electronic funds transfer networks.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident

“Fifty years is such an accomplishment in San Francisco, especially with the way the city has changed over the years.”

— Gordon Edgar, grocery employee

The takeaway

This reduction in Chevy Chase Trust's Visa holdings, while relatively small, could signal broader concerns about the credit card industry's growth prospects or macroeconomic headwinds. However, Visa remains a core position for the firm, underscoring the company's enduring importance in the global payments landscape.