Impax Increases Stake in Visa Amid Market Volatility

Impax Asset Management Group plc increased its stake in Visa Inc. (NYSE:V) by 21.2% during Q2, according to a recent SEC filing. The company added 11,451 shares to its portfolio, bringing the total number of V shares held by Impax Asset Management to 65,587.

The value of these holdings was approximately $22.5 million as of the most recent filing with the Securities and Exchange Commission (SEC). This is not an isolated incident, as several other hedge funds and institutional investors have also made significant changes to their V holdings during Q2.