Stocks
Visa Inc. Stake Increases Amid Blockchain Lending Push
Talon Private Wealth LLC has increased its stake in Visa Inc. (NYSE:V) by 100.7% in the second quarter, according to a recent filing with the Securities and Exchange Commission.
The fund now owns 14,479 shares of the credit-card processor's stock, valued at $4,968,000 as of its most recent SEC filing.
This is not an isolated incident, as several other large investors have also made changes to their positions in Visa. XXEC Inc., for example, raised its stake by 153,118.8% during the second quarter and now owns 186,260,448 shares of the credit-card processor's stock.
The institutional ownership of Visa has increased significantly, with a total of 82.15% of the company's stock being held by large investors and hedge funds.