BlackRock Amends Visa Stake, Signals Continued Confidence

TL;DR

**BlackRock still a major Visa holder, signaling institutional confidence.**

AI Summary

BlackRock Inc. filed an amended Schedule 13G/A on February 8, 2024, indicating its ownership of Class A Common Stock in Visa Inc. as of December 31, 2023. This filing, Amendment No. 11, shows that BlackRock continues to be a significant institutional investor in Visa, holding a substantial stake. This matters to investors because large institutional holdings like BlackRock's can signal confidence in Visa's long-term prospects and stability, potentially influencing other investors' perceptions and the stock's valuation.

Why It Matters

This filing confirms BlackRock's ongoing significant investment in Visa, which can be seen as a vote of confidence from one of the world's largest asset managers.

Risk Assessment

Risk Level: low — This filing is routine for large institutional investors and does not indicate any immediate negative risks for Visa Inc.

Analyst Insight

An investor should note that BlackRock's continued significant stake in Visa suggests institutional confidence, but this routine filing doesn't provide new information to warrant immediate action. It's a data point for long-term holders.

Key Players & Entities

• BlackRock Inc. (company) — the reporting person and institutional investor
• Visa Inc. (company) — the subject company whose Class A Common Stock is being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 8, 2024 (date) — the filing date of the SC 13G/A
• Amendment No. 11 (number) — the specific amendment number of this filing

FAQ

From the Filing

0001086364-24-006874.txt : 20240208 0001086364-24-006874.hdr.sgml : 20240208 20240208102628 ACCESSION NUMBER: 0001086364-24-006874 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240208 DATE AS OF CHANGE: 20240208 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: VISA INC. CENTRAL INDEX KEY: 0001403161 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 260267673 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84231 FILM NUMBER: 24607449 BUSINESS ADDRESS: STREET 1: P.O. BOX 8999 CITY: SAN FRANCISCO STATE: CA ZIP: 94128-8999 BUSINESS PHONE: 650-432-3200 MAIL ADDRESS: STREET 1: P.O. BOX 8999 CITY: SAN FRANCISCO STATE: CA ZIP: 94128-8999 FORMER COMPANY: FORMER CONFORMED NAME: Visa Inc. DATE OF NAME CHANGE: 20070614 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us92826c8394_020824.txt us92826c8394_020824.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 11) VISA INC -------------------------------------------------------- (Name of Issuer) Class A Common Stock -------------------------------------------------------- (Title of Class of Securities) 92826C839 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 92826C839 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 113786448 (6) Shared voting power 0 (7) Sole dispositive power 126566875 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 126566875 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 8.0% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- VISA INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- P.O. BOX 8999 SAN FRANCISCO CA 94128-8999 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or principal busi