Giverny Capital Inc.: VISA (V): Quarterly 13F Position History
As of Q1 2026, Giverny Capital Inc. reported 396,357 shares of VISA (V), worth $119.8M and representing 4.4% of its 13F equity book. Quarter-over-quarter share count change: 10,988 (-2.7%) . The position first appeared in Q1 2016 and has been disclosed across 41 13F-HR filings in Pactolio's tracked window.
- 396,357Shares Held (Latest Filing)
- $119.8MReported Market Value (Latest Filing)
- 4.4%Portfolio Weight (% of 13F Equity Book)
- 10,988Quarter-over-Quarter Share Change
- -$23.1MQuarter-over-Quarter Value Change
- 407,345Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 396,357 | 10,988 | -2.7% | $119.8M | 4.4% | $302.2 |
| Q4 2025 | 407,345 | +1,825 | +0.5% | $142.9M | 4.8% | $350.7 |
| Q3 2025 | 405,520 | +4,223 | +1.1% | $138.4M | 4.2% | $341.4 |
| Q2 2025 | 401,297 | +7,748 | +2.0% | $142.5M | 4.9% | $355.1 |
| Q1 2025 | 393,549 | 2,168 | -0.5% | $137.9M | 5.1% | $350.5 |
| Q4 2024 | 395,717 | +3,957 | +1.0% | $125.1M | 4.6% | $316.0 |
| Q3 2024 | 391,760 | +4,793 | +1.2% | $107.7M | 4.1% | $274.9 |
| Q2 2024 | 386,967 | +4,759 | +1.2% | $101.6M | 4.3% | $262.5 |
| Q1 2024 | 382,208 | +5,116 | +1.4% | $106.7M | 4.3% | $279.1 |
| Q4 2023 | 377,092 | +5,722 | +1.5% | $98.2M | 4.6% | $260.4 |
| Q3 2023 | 371,370 | 141 | -0.0% | $85.4M | 4.6% | $230.0 |
| Q2 2023 | 371,511 | +18,436 | +5.2% | $88.2M | 4.6% | $237.5 |
| Q1 2023 | 353,075 | 5,312 | -1.5% | $79.6M | 4.8% | $225.5 |
| Q4 2022 | 358,387 | 1,792 | -0.5% | $74.5M | 4.6% | $207.8 |
| Q3 2022 | 360,179 | +8,559 | +2.4% | $64.0M | 4.3% | $177.7 |
| Q2 2022 | 351,620 | +8,568 | +2.5% | $69.2M | 4.6% | $196.9 |
| Q1 2022 | 343,052 | +5,472 | +1.6% | $76.1M | 4.3% | $221.8 |
| Q4 2021 | 337,580 | +6,517 | +2.0% | $73.2M | 3.9% | $216.7 |
| Q3 2021 | 331,063 | 1,946 | -0.6% | $73.7M | 4.4% | $222.7 |
| Q2 2021 | 333,009 | +16,791 | +5.3% | $77.9M | 4.7% | $233.8 |
| Q1 2021 | 316,218 | +11,012 | +3.6% | $67.0M | 4.5% | $211.7 |
| Q4 2020 | 305,206 | +4,005 | +1.3% | $66.8M | 5.1% | $218.7 |
| Q3 2020 | 301,201 | +1,057 | +0.4% | $60.2M | 5.5% | $200.0 |
| Q2 2020 | 300,144 | +6,356 | +2.2% | $58.0M | 5.8% | $193.2 |
| Q1 2020 | 293,788 | 20,770 | -6.6% | $47.3M | 6.0% | $161.1 |
| Q4 2019 | 314,558 | +5,025 | +1.6% | $59.1M | 5.3% | $187.9 |
| Q3 2019 | 309,533 | 234 | -0.1% | $53.2M | 5.3% | $172.0 |
| Q2 2019 | 309,767 | +7,262 | +2.4% | $53.8M | 5.4% | $173.5 |
| Q1 2019 | 302,505 | +4,743 | +1.6% | $47.2M | 5.4% | $156.2 |
| Q4 2018 | 297,762 | 4,836 | -1.6% | $39.3M | 5.2% | $131.9 |
| Q3 2018 | 302,598 | 93,994 | -23.7% | $45.4M | 5.1% | $150.1 |
| Q2 2018 | 396,592 | +58,516 | +17.3% | $52.5M | 5.9% | $132.5 |
| Q1 2018 | 338,076 | +3,362 | +1.0% | $40.4M | 5.4% | $119.6 |
| Q4 2017 | 334,714 | 4,278 | -1.3% | $38.2M | 5.2% | $114.0 |
| Q3 2017 | 338,992 | +1,191 | +0.4% | $35.7M | 5.2% | $105.2 |
| Q2 2017 | 337,801 | +3,500 | +1.0% | $31.7M | 5.1% | $93.8 |
| Q1 2017 | 334,301 | +23,085 | +7.4% | $29.7M | 4.9% | $88.9 |
| Q4 2016 | 311,216 | +2,769 | +0.9% | $24.3M | 4.1% | $78.0 |
| Q3 2016 | 308,447 | +265 | +0.1% | $25.5M | 4.7% | $82.7 |
| Q2 2016 | 308,182 | +6,432 | +2.1% | $22.9M | 4.4% | $74.2 |
| Q1 2016 | 301,750 | — | — | $23.1M | 4.5% | $76.5 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did Giverny Capital Inc. first disclose a V position in 13F-HR filings?
Giverny Capital Inc. first reported VISA (V) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was Giverny Capital Inc.'s most recent quarter-over-quarter share-count change in V?
Between Q4 2025 and Q1 2026, Giverny Capital Inc. reduced its V position by 10,988 shares (-2.7%), leaving 396,357 shares at a market value of $119.8M.
Does the implied price-per-share represent Giverny Capital Inc.'s cost basis in V?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.