Visa (V)

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	19.76 bn	19.76 bn	19.76 bn	19.76 bn	19.76 bn	19.76 bn
Cash burn (monthly)	(no burn)	185.58 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	517.01 mm	n/a	n/a	n/a	n/a
Cash remaining	n/a	19.25 bn	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	103.7	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Visa earnings reports.

Institutional ownership, Q3 2024

V institutional ownership history Ownership history

79.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	3692	3678	+0.4%
Opened positions	220	162	+35.8%
Closed positions	206	191	+7.9%
Increased positions	1629	1740	-6.4%
Reduced positions	1433	1344	+6.6%

13F shares	Current	Prev Q	Change
Total value	376.57 tn	367.08 tn	+2.6%
Total shares	1.50 bn	1.52 bn	-1.2%
Total puts	12.04 mm	9.14 mm	+31.8%
Total calls	13.08 mm	11.34 mm	+15.4%
Total put/call ratio	0.9	0.8	+14.2%

Largest owners	Shares	Value	Change
Vanguard	152.33 mm	$41.88 tn	+6.5%
BLK BlackRock	131.67 mm	$36.20 tn	NEW
STT State Street	76.61 mm	$21.06 tn	+4.5%
FMR	57.11 mm	$15.70 tn	+6.1%
MS Morgan Stanley	50.22 mm	$13.81 tn	-0.9%
T. Rowe Price	43.93 mm	$12.08 bn	-0.8%
Geode Capital Management	38.66 mm	$10.60 tn	+7.7%
BAC Bank of America	24.17 mm	$6.65 tn	-1.8%
Alliancebernstein	23.10 mm	$6.35 tn	+4.1%
Capital World Investors	23.04 mm	$6.33 tn	+1.8%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	131.67 mm	+131.67 mm	NEW
BLK BlackRock	0.00	-127.55 mm	EXIT
Norges Bank	0.00	-14.81 mm	EXIT
International Assets Investment Management	9.76 mm	+9.74 mm	+45189.4%
Vanguard	152.33 mm	+9.24 mm	+6.5%
GS The Goldman Sachs Group, Inc.	16.00 mm	-4.28 mm	-21.1%
Jane Street	134.69 k	-4.15 mm	-96.9%
TD Asset Management	0.00	-4.02 mm	EXIT
SG Americas Securities	4.07 mm	+3.70 mm	+999.0%
Viking Global Investors	3.51 mm	+3.51 mm	NEW

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

V insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
13 Dec 24	Taneja Rajat	Class A Common Stock	Sell	Dispose S	No	No	315.83	28,237	8.92 mm	232,112
12 Dec 24	Taneja Rajat	Class A Common Stock	Sell	Dispose S	No	No	314.4602	7,094	2.23 mm	260,349
30 Nov 24	Taneja Rajat	Class A Common Stock	Payment of exercise	Dispose F	No	No	315.08	29,016	9.14 mm	267,443
30 Nov 24	Taneja Rajat	Class A Common Stock	Option exercise	Acquire M	No	No	0	57,253	0.00	296,459
30 Nov 24	Taneja Rajat	Performance Share Award Class A Common Stock	Option exercise	Dispose M	No	No	0	57,253	0.00	0
30 Nov 24	Taneja Rajat	Performance Share Award Class A Common Stock	Grant	Acquire A	No	No	0	57,253	0.00	57,253
30 Nov 24	Julie B Rottenberg	Class A Common Stock	Payment of exercise	Dispose F	No	No	315.08	4,643	1.46 mm	11,925
30 Nov 24	Julie B Rottenberg	Class A Common Stock	Option exercise	Acquire M	No	No	0	9,161	0.00	16,568
30 Nov 24	Julie B Rottenberg	Performance Share Award Class A Common Stock	Option exercise	Dispose M	No	No	0	9,161	0.00	0
30 Nov 24	Julie B Rottenberg	Performance Share Award Class A Common Stock	Grant	Acquire A	No	No	0	9,161	0.00	9,161