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Blacksheep Sells Nearly All Visa Shares

Guavy AI Editorial Team
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V
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Blacksheep Fund Management Ltd has significantly reduced its position in Visa Inc. (NYSE:V), selling 100,367 shares in the second quarter.

The institutional investor now owns a mere 343 shares of the credit-card processor's stock after the sale, representing a 99.7% decrease from its previous holdings.

Visa accounts for 5.1% of Blacksheep Fund Management Ltd's investment portfolio, making it the company's fourth-largest position.

The value of Visa shares held by Blacksheep Fund Management Ltd is approximately $118,000 at the end of the most recent reporting period.

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