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Written by Taylor Danielle on September 18, 2023
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10 Largest Visa Shareholders In 2023

Visa is a multinational financial services corporation that facilitates electronic funds transfers throughout the world.

It is best known for its credit and debit card products, which are issued by banks and financial institutions in partnership with Visa.

Here are the 10 largest Visa shareholders as of 9/18/2023.

Largest Visa Shareholders

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1. The Vanguard Group, Inc

  • Ownership: 8.39%
  • Shares Held: 134,777,808

2. BlackRock Fund Advisors

  • Ownership: 4.94%
  • Shares Held: 79,426,343

3. SSgA Funds Management, Inc

  • Ownership: 4.61%
  • Shares Held: 74,133,003

4.  T. Rowe Price Associates, Inc

  • Ownership: 2.79%
  • Shares Held: 44,841,893

5. Fidelity Management & Research Co

  • Ownership: 2.48%
  • Shares Held: 39,886,490

6. Geode Capital Management LLC

  • Ownership: 2.07%
  • Shares Held: 33,239,315

7. AllianceBernstein LP

  • Ownership: 1.59%
  • Shares Held: 25,567,374

8. Massachusetts Financial Services

  • Ownership: 1.38%
  • Shares Held: 22,094,578

9. Capital Research Management Co

  • Ownership: 1.27%
  • Shares Held: 20,454,279

10. Wellington Management Co LLP

  • Ownership: 1.25%
  • Shares Held: 20,126,208

Click here to check the current Share Price of Visa (V) on Robinhood!

What Is Visa?

Visa logo

Visa is a multinational financial services corporation that facilitates electronic funds transfers throughout the world.

It is best known for its credit and debit card products, which are issued by banks and financial institutions in partnership with Visa. These cards are widely accepted by merchants and retailers globally, allowing consumers to make purchases, withdraw cash from ATMs, and access various financial services.

Visa operates as a payment network that connects banks, merchants, and consumers. When a Visa cardholder makes a payment or transaction, the payment details are processed through Visa's network, which securely authorizes and facilitates the transfer of funds from the cardholder's bank account to the merchant's account.

This network helps enable electronic payments and transactions, both in-person and online, in a secure and efficient manner.

Visa offers various types of cards, including credit cards, debit cards, prepaid cards, and commercial cards. Each type of card serves different purposes and comes with its own terms and conditions.

Visa also provides additional services related to payment processing, fraud prevention, and data analytics to financial institutions and merchants.

Overall, Visa plays a significant role in the global financial ecosystem, helping to facilitate the movement of money and electronic payments, making it easier for consumers to make purchases and access financial services worldwide.

Article written by Taylor Danielle

Read more

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