Connors Boosts Stake in Visa with $353 Million Investment
Connor Clark & Lunn Investment Management Ltd., a major institutional investor, has increased its stake in Visa Inc. (NYSE:V) by 21.1% during the second quarter, according to its latest Form 13F filing with the Securities & Exchange Commission.
The company now owns approximately 1,030,032 shares of Visa stock after purchasing an additional 179,379 shares during the quarter.
This investment accounts for about 0.7% of Connor Clark & Lunn Investment Management Ltd.'s portfolio and makes it the company's 28th biggest holding.