Blacksheep Fund Management Boosts Visa Stake by 85% in Q2
Blacksheep Fund Management Ltd., a prominent investment firm, significantly increased its stake in Visa Inc. (NYSE: V) during the second quarter.
The company acquired an additional 85,840 shares of Visa stock, bringing its total holdings to 186,550 shares, which now represent 20.7% of Blacksheep's overall portfolio and its second-largest position.
This recent purchase brings the value of Blacksheep's Visa holdings to approximately $64 million.
Visa Inc. is a global payments technology company that facilitates electronic funds transfers and digital commerce, operating one of the world's largest payment networks.