Evelyn Partners Investment Management LLP cut its V stock position by 2.8% in the first quarter after selling 10,181 shares. The firm still held 351,875 shares of Visa Inc. at quarter end, so the move trimmed an oversized position rather than exiting it.
Those shares were worth $106,351,000 at the end of the most recent quarter. Visa remained Evelyn Partners Investment Management LLP’s 8th largest position and accounted for about 2.9% of its holdings, which makes the sale a portfolio adjustment with real weight, not a token trade.
Evelyn Partners Holds 351,875 Shares
351,875 shares leaves Evelyn Partners Investment Management LLP with a substantial vote of confidence in Visa Inc. even after the cut. The position sat inside a broader book where Visa still ranked as the 8th largest holding, and a stake of that size gives the manager room to rebalance without changing the name’s importance in the portfolio.
82.15% of Visa’s stock is owned by hedge funds and other institutional investors. That concentration means one manager’s sale rarely changes the company’s capital structure, but it can still signal how a fund is sizing the position relative to other holdings, especially when the stake represents $106,351,000 in value.
Visa Reported $3.31 EPS
$3.31 in quarterly EPS came alongside $11.23 billion in revenue on Tuesday, April 28, with earnings beating the consensus estimate of $3.10 by $0.21. Revenue rose 17.1% year over year, and that combination usually supports higher multiples rather than immediate selling.
$362.37 was Visa’s opening price on Tuesday, leaving the stock near its $365.14 52-week high and well above the $293.89 low. For holders deciding whether to trim or add, that proximity to the top of the range can matter more than the headline growth rate, because entry price and portfolio weighting often drive position changes.
$20.00 billion is the size of the share buyback plan approved by Visa’s Board of Directors on Tuesday, April 28, and the authorization permits repurchases of up to 3.6% of the stock through open market purchases. If management follows through, that capital return can support per-share metrics even as institutional investors like Evelyn Partners adjust exposure around the same time. CoreWeave’s backlog and capacity update offers a useful contrast in how large-capital-allocation stories can move in different directions.
Why Evelyn Partners sold 10,181 shares of Visa despite those quarterly results is the open question. The filing shows a manager reducing exposure to a large winner while Visa kept expanding revenue and authorizing repurchases, a split-screen that leaves the next portfolio move on the investor side as the real item to watch.
