Will Visa’s New Digital Wallet Service Give These Top Institutional Shareholders The Boost They’re Looking For?

Visa, Inc. (NYSE:V) gets a boost as over 50 banks and credit unions agree to make V.me, the new “digital wallet” service, available to their customers, improving Visa’s chances of securing a larger chunk of lucrative e-commerce business. The new service makes online transacting easier for customers by doing away with the practice of entering tedious credit card details in order to make a purchase. Customers instead enter an e-mail address and a password.

Will Visa, Inc.’s shareholders decrease their holdings? They reported owning a total of 227.24 million shares on 09/30/2012. The shares closed at $134.28 on 09/30/2012.

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Here are the ten largest positions in Visa, Inc. at the end of September 30th, 2012.

State Street Corp. held 19,941,876 shares on 09/30/2012 worth $2,677,795,085. This brought the portfolio total to 0.39%.

Blackrock Institutional Trust Company N.A. held 14,102,103 shares on 09/30/2012 worth $1,893,630,374. This brought the portfolio total to 0.43%.

Sands Capital Management LLC. held 13,773,824 shares on 09/30/2012 worth $1,849,549,070. This brought the portfolio total to 7.61%.

Massachusetts Financial Services Co. /MA/ held 12,211,575 shares on 09/30/2012 worth $1,639,770,276. This brought the portfolio total to 1.36%.

Northern Trust Corp. held 6,593,239 shares on 09/30/2012 worth $885,340,125. This brought the portfolio total to 0.37%.

UBS Global Asset Management Americas Inc. held 6,175,364 shares on 09/30/2012 worth $829,227,870. This brought the portfolio total to 1.2%.

J.P Morgan Chase & Co. held 5,632,536 shares on 09/30/2012 worth $756,336,927. This brought the portfolio total to 0.27%.

Bank of New York Mellon Corp. held 5,485,263 shares on 09/30/2012 worth $736,561,109. This brought the portfolio total to 0.27%.

Jennison Associates LLC. held 5,444,669 shares on 09/30/2012 worth $731,110,147. This brought the portfolio total to 0.87%.

Primecap Management Co./CA/ held 5,204,787 shares on 09/30/2012 worth $698,898,792. This brought the portfolio total to 1.18%.

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