Stocks

Visa Shares Suffer as Carmignac Gestion Cuts Stake

Guavy AI Editorial Team Published August 3, 2026

Instruments

Carmignac Gestion sold a significant portion of its stake in Visa Inc., reducing its holdings by 77.9% in the first quarter.

The fund owned 2,328 shares after selling 8,224 shares during the quarter, with a total value of $704,000 as of its most recent SEC filing.

This sale comes amidst significant buying activity from other large investors, including Norges Bank, which purchased a new stake in Visa valued at about $5.88 billion in the fourth quarter.

The Wire

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