Visa Inc.
MX ˙ BMV ˙ US92826C8394
SecurityMX:V / Visa Inc.
InstitutionFormidable Asset Management, LLC
Latest Disclosed Ownership12,191 shares
Latest Disclosed Value $ 4,275,468
Formidable Asset Management, LLC reports 0.25% decrease in ownership of V / Visa Inc.

On April 22, 2026 - Formidable Asset Management, LLC filed a 13F-HR form disclosing ownership of 12,191 shares of Visa Inc. (MX:V) valued at $4,275,468 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 16, 2026 disclosing 12,222 shares of Visa Inc.. This represents a change in shares of -0.25% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-22 2026-03-31 13F VISA COM CL A 92826C839 12,191 -31 -0.25 4,275 2.47 0.6601
2026-01-16 2025-12-31 13F VISA COM CL A 92826C839 12,222 -71 -0.58 4,172 -4.40 0.6070
2025-10-29 2025-09-30 13F VISA COM CL A 92826C839 12,293 -264 -2.10 4,365 -0.82 0.6873
2025-07-16 2025-06-30 13F VISA COM CL A 92826C839 12,557 -42 -0.33 4,401 -0.34 0.7360
2025-05-05 2025-03-31 13F VISA COM CL A 92826C839 12,599 23 0.18 4,416 11.10 0.7382
2025-02-19 2024-12-31 13F VISA COM 92826C839 12,576 -58 -0.46 3,975 14.43 0.6528
2024-11-12 2024-09-30 13F VISA COM CL A 92826C839 12,634 254 2.05 3,474 6.89 0.5549
2024-08-08 2024-06-30 13F VISA COM CL A 92826C839 12,380 923 8.06 3,249 1.63 0.5254
2024-05-15 2024-03-31 13F VISA COM CL A 92826C839 11,457 8,855 340.32 3,197 372.23 0.5213
2024-02-07 2023-12-31 13F VISA COM CL A 92826C839 2,602 -15 -0.57 677 12.65 0.1407
2023-11-09 2023-09-30 13F VISA INC COM 92826C839 2,617 66 2.59 602 0.1333
2023-08-15 2023-06-30 13F VISA INC COM CL A COM CL A 92826C839 2,551 0 0.00 1 0.1323
2023-05-09 2023-03-31 13F VISA INC COM CL A COM CL A 92826C839 2,551 100 4.08 1 0.1230
2023-02-07 2022-12-31 13F VISA INC COM CL A COM CL A 92826C839 2,451 -100 -3.92 1 -100.00 0.1150
2022-11-14 2022-09-30 13F VISA INCORPORATED COM COM 92826C839 2,551 0 0.00 501 -2.15 0.1162
2022-08-18 2022-06-30 13F/A-1 VISA INCORPORATED COM COM 92826C839 2,551 17 0.67 512 -8.90 0.1153
2022-08-16 2022-06-30 13F VISA INCORPORATED COM COM 92826C839 2,551 17 512 0.1189
2022-05-04 2022-03-31 13F VISA INCORPORATED COM COM 92826C839 2,534 -2,405 -48.69 562 -48.01 0.1078
2022-02-07 2021-12-31 13F VISA INC COM CL A COM CL A 92826C839 4,939 2,324 88.87 1,081 85.74 0.2074
2021-11-10 2021-09-30 13F VISA INC COM CL A COM CL A 92826C839 2,615 0 0.00 582 -8.92 0.1093
2021-08-16 2021-06-30 13F/A-2 VISA INC COM CL A Common Stock 92826C839 2,615 -60 -2.24 639 10.75 0.1372
2021-08-06 2021-06-30 13F VISA INC COM CL A COM CL A 92826C839 272 -2,403 526 0.1239
2021-05-12 2021-03-31 13F VISA INC COM CL A COM CL A 92826C839 2,675 -437 -14.04 577 -14.90 0.1254
2021-01-29 2020-12-31 13F VISA INC COM CL A COM CL A 92826C839 3,112 -40 -1.27 678 6.94 0.1571
2020-12-14 2020-09-30 13F/A-1 VISA INCORPORATED COM Equity 92826C839 3,152 -1,256 -28.49 634 -26.62 0.1848
2020-11-13 2020-09-30 13F VISA INC COM CL A COM CL A 92826C839 3,152 -1,256 634 172,693.6948
2020-08-13 2020-06-30 13F VISA INCORPORATED COM Equity 92826C839 4,408 212 5.05 864 27.81 0.2548
2020-06-01 2020-03-31 13F VISA INCORPORATED COM Common 92826C839 4,196 150 3.71 676 -18.75 0.2662
2020-02-13 2019-12-31 13F VISA INC COM CL A COM CL A 92826C839 4,046 4,046 832 0.2623
2019-11-08 2019-09-30 13F VISA INC COM CL A COM CL A 92826C839 0 -3,171 -100.00 0 -100.00
2019-10-15 2019-06-30 13F VISA INC COM CL A COM CL A 92826C839 3,171 3,171 563 0.1936
2018-02-13 2017-12-31 13F VISA INCORPORATED COM Common 92826C839 0 -2,610 -100.00 0 -100.00
2017-11-13 2017-09-30 13F VISA INCORPORATED COM Common 92826C839 2,610 363 16.15 275 30.33 0.1160
2017-08-11 2017-06-30 13F VISA INCORPORATED COM Common 92826C839 2,247 2,247 211 0.1041
2016-08-12 2016-06-30 13F VISA COM CL A 92826C839 0 -1,500 -100.00 0 -100.00
2016-05-10 2016-03-31 13F VISA COM CL A 92826C839 1,500 0 0.00 117 4.46 0.0822
2016-02-02 2015-12-31 13F VISA COM CL A 92826C839 1,500 500 50.00 112 62.32 0.0776
2015-11-12 2015-09-30 13F VISA COM CL A 92826C839 1,000 1,000 69 0.0461
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.