Stockbridge Partners Doubles Down on Visa
Stockbridge Partners LLC has increased its stake in Visa Inc. (NYSE:V) by 65.2% during the second quarter, according to a recent disclosure with the Securities & Exchange Commission.
The firm owned 557,138 shares of the credit-card processor's stock after buying an additional 219,828 shares during the period. This accounts for approximately 4.0% of Stockbridge Partners LLC's portfolio, making Visa its 10th biggest holding.
The value of Visa's holdings in the company was $191,148,000 at the end of the most recent quarter.