Allspring Global Investments Trims Visa Stake

Asset manager reduces position in credit card giant by 1.8%

Apr. 2, 2026 at 7:07am

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Allspring Global Investments Holdings LLC reduced its position in shares of Visa Inc. (NYSE:V) by 1.8% in the 4th quarter, according to a recent SEC filing. The fund now owns 835,116 shares of the credit-card processor's stock, valued at $289,351,000.

Why it matters

Visa is a bellwether stock for the financial services industry, and changes in major institutional holdings can signal broader market trends or investor sentiment. This modest reduction in Allspring's Visa stake provides a data point on how large asset managers are positioning their portfolios amid economic uncertainty.

The details

According to the filing, Allspring sold 14,991 Visa shares during the fourth quarter, bringing its total holding to 835,116 shares. The asset manager's position was valued at $289,351,000 as of the end of 2022.

  • Allspring reduced its Visa stake in the 4th quarter of 2022.

The players

Allspring Global Investments Holdings LLC

A global asset management firm that oversees over $541 billion in client assets.

Visa Inc.

A multinational financial services corporation that facilitates electronic funds transfers worldwide through its credit, debit, prepaid, and mobile payment products.

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The takeaway

Allspring's modest reduction in its Visa stake provides a data point on how large institutional investors are positioning their portfolios amid economic uncertainty, though the firm's overall conviction in the credit card giant remains strong.