Frank Sands's V Position Overview
Frank Sands (via Sands Capital Management, LLC) currently holds 3.09 M shares of Visa Inc. (V) worth $1.08 B, representing 3.30% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Frank Sands has maintained a long-term strategic position in V, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2020, adding 1.24 M shares. Largest reduction occurred in Q4 2013, reducing 5.31 M shares.
Analysis based on 13F filings available since 2013 Q2
Frank Sands's Visa (V) Holding Value Over Time
Track share changes against reported price movement
Quarterly Visa (V) Trades by Frank Sands
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -936,904 | Reduce 23.27% | 3.09 M | $350.71 |
| Q3 2025 | -3,071 | Reduce 0.08% | 4.03 M | $341.38 |
| Q2 2025 | +217,062 | Add 5.69% | 4.03 M | $355.05 |
| Q1 2025 | -735,208 | Reduce 16.16% | 3.81 M | $350.46 |
| Q4 2024 | -420,646 | Reduce 8.47% | 4.55 M | $316.04 |
| Q3 2024 | -312,463 | Reduce 5.92% | 4.97 M | $274.95 |
| Q2 2024 | -944,029 | Reduce 15.16% | 5.28 M | $262.47 |
| Q1 2024 | -248,357 | Reduce 3.84% | 6.23 M | $279.08 |
| Q4 2023 | -1.31 M | Reduce 16.86% | 6.47 M | $260.35 |
| Q3 2023 | -444,548 | Reduce 5.40% | 7.79 M | $230.01 |
| Q2 2023 | -775,664 | Reduce 8.61% | 8.23 M | $237.48 |
| Q1 2023 | -1.35 M | Reduce 13.03% | 9.01 M | $225.46 |
| Q4 2022 | -390,106 | Reduce 3.63% | 10.36 M | $0.21 |
| Q3 2022 | -1.35 M | Reduce 11.17% | 10.75 M | $177.65 |
| Q2 2022 | -326,257 | Reduce 2.63% | 12.1 M | $196.89 |
| Q1 2022 | -766,808 | Reduce 5.81% | 12.42 M | $221.77 |
| Q4 2021 | -658,281 | Reduce 4.75% | 13.19 M | $216.71 |
| Q3 2021 | +203,488 | Add 1.49% | 13.85 M | $222.75 |
| Q2 2021 | +199,977 | Add 1.49% | 13.65 M | $233.82 |
| Q1 2021 | -317,791 | Reduce 2.31% | 13.45 M | $211.73 |
| Q4 2020 | +1.24 M | Add 9.88% | 13.76 M | $218.73 |
| Q3 2020 | -561,574 | Reduce 4.29% | 12.53 M | $199.97 |
| Q2 2020 | -879,430 | Reduce 6.30% | 13.09 M | $193.17 |
| Q1 2020 | -1.04 M | Reduce 6.93% | 13.97 M | $161.12 |
| Q4 2019 | -256,965 | Reduce 1.68% | 15.01 M | $187.90 |
| Q3 2019 | -420,905 | Reduce 2.68% | 15.26 M | $172.01 |
| Q2 2019 | -213,073 | Reduce 1.34% | 15.68 M | $173.55 |
| Q1 2019 | -616,647 | Reduce 3.73% | 15.9 M | $156.19 |
| Q4 2018 | -879,073 | Reduce 5.05% | 16.51 M | $131.94 |
| Q3 2018 | -1.23 M | Reduce 6.61% | 17.39 M | $150.09 |
| Q2 2018 | -868,183 | Reduce 4.45% | 18.62 M | $132.45 |
| Q1 2018 | -1.95 M | Reduce 9.10% | 19.49 M | $119.62 |
| Q4 2017 | -728,702 | Reduce 3.29% | 21.44 M | $114.02 |
| Q3 2017 | -2.98 M | Reduce 11.86% | 22.17 M | $105.24 |
| Q2 2017 | -4.51 M | Reduce 15.20% | 25.16 M | $93.78 |
| Q1 2017 | -2.09 M | Reduce 6.59% | 29.67 M | $88.87 |
| Q4 2016 | -3.11 M | Reduce 8.92% | 31.76 M | $78.02 |
| Q3 2016 | -2.49 M | Reduce 6.66% | 34.87 M | $82.70 |
| Q2 2016 | -2.75 M | Reduce 6.86% | 37.36 M | $74.17 |
| Q1 2016 | -4.18 M | Reduce 9.43% | 40.11 M | $76.48 |
| Q4 2015 | -1.99 M | Reduce 4.29% | 44.28 M | $77.55 |
| Q3 2015 | -2 M | Reduce 4.14% | 46.27 M | $69.66 |
| Q2 2015 | -2.1 M | Reduce 4.17% | 48.27 M | $67.15 |
| Q1 2015 | -141,794 | Reduce 0.28% | 50.37 M | $65.41 |
| Q4 2014 | -167,624 | Reduce 0.33% | 50.51 M | $65.55 |
| Q3 2014 | +466,252 | Add 0.93% | 50.68 M | $53.34 |
| Q2 2014 | -321,672 | Reduce 0.64% | 50.21 M | $52.68 |
| Q1 2014 | +1.02 M | Add 2.07% | 50.53 M | $53.97 |
| Q4 2013 | -5.31 M | Reduce 9.69% | 49.51 M | $55.67 |
| Q3 2013 | -2.97 M | Reduce 5.13% | 54.82 M | $47.78 |
| Q2 2013 | +57.78 M | Add 0.00% | 57.78 M | $45.69 |
Frank Sands's Visa Investment FAQs
Frank Sands first purchased Visa Inc. (V) in Q2 2013, acquiring 57,782,080 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Frank Sands has held Visa Inc. (V) for 51 quarters since Q2 2013.
Frank Sands's largest addition to Visa Inc. (V) was in Q2 2013, adding 57,782,080 shares worth $2.64 B.
According to the latest 13F filing for Q4 2025, Frank Sands's firm, Sands Capital Management, LLC, owns 3,090,129 shares of Visa Inc. (V), valued at approximately $1.08 B.
As of the Q4 2025 filing, Visa Inc. (V) represents approximately 3.30% of Frank Sands's publicly disclosed stock portfolio, making it one of their key holdings.
Frank Sands's peak holding in Visa Inc. (V) was 57,782,080 shares, as reported at the end of Q2 2013.