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Varma Mutual Pension Insurance Co Boosts Stake in Visa Inc

Guavy AI Editorial Team
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Varma Mutual Pension Insurance Co, an institutional investor, has increased its stake in Visa Inc's shares. According to a recent Form 13F filing with the Securities & Exchange Commission, Varma lifted its ownership by 3.1% during the second quarter.

The company purchased an additional 9,000 shares of Visa stock, bringing its total holdings to 300,341 shares. This represents 0.5% of Varma's investment portfolio and makes it the credit-card processor's 20th largest position.

As of its latest filing with the SEC, Varma's holdings in Visa were worth $103,044,000.

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