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Quantbot Cuts Stake in Visa as XXEC Inc. Goes All-In

Guavy AI Editorial Team
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Quantbot Technologies LP reduced its holdings in Visa Inc. (NYSE:V) by 93.2% during the second quarter, according to a recent disclosure with the Securities and Exchange Commission.

The institutional investor owned 2,738 shares of the credit-card processor's stock after selling 37,238 shares during the quarter. Quantbot Technologies LP's holdings in Visa were worth $939,000 at the end of the most recent reporting period.

Other hedge funds also modified their holdings of V. XXEC Inc. raised its holdings in shares of Visa by 153,118.8% during the second quarter, now owning 186,260,448 shares of the credit-card processor's stock worth $63,904,097,000.

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