<div id="readability-page-1"><p>New York City-based Neville Rodie &amp; Shaw Inc disclosed a reduction in its stake in <strong>Visa</strong><span>(V<span> -0.76%</span>)</span>, selling 13,278 of shares its holds with sole discretion in a transaction estimated at approximately $4.6 million during the third quarter, according to a Wednesday filing with the SEC.</p><h2 id="what-happened">What happened</h2><p>According to a filing with the Securities and Exchange Commission on Wednesday, Neville Rodie &amp; Shaw Inc. reduced its position in Visa by 13,278 shares during the third quarter. The estimated transaction size was nearly $4.6 million. The fund reported now holding 106,304 shares in Visa under its sole discretion, worth approximately $36 million. The firm also reported holding 1,684 shares under shared discretion, down from 1,922 in the prior quarter.</p><h2 id="what-else-to-know">What else to know</h2><p>After the transaction, Visa now represents nearly 2% of Neville Rodie &amp; Shaw’s reported assets.</p><p>Top holdings after the filing:</p><ul><li>AAPL: $232.91 million (10.2% of AUM)</li><li>GOOGL: $158.30 million (6.9% of AUM)</li><li>MSFT: $155,077,000 (6.8% of AUM)</li><li>ORCL: $100.85 million (4.4% of AUM)</li><li>JPM: $83 million (3.6% of AUM)</li></ul><p>As of Tuesday, shares of Visa were priced at $341.38, climbing about 24% over the year and outperforming the S&amp;P 500 by about 8 percentage points.</p><h2 id="company-overview">Company overview</h2><div><table><tbody><tr><th>Metric</th><th>Value</th></tr><tr><td>Revenue (TTM)</td><td>$38.89 billion</td></tr><tr><td>Net Income (TTM)</td><td>$20.23 billion</td></tr><tr><td>Dividend Yield</td><td>0.68%</td></tr><tr><td>Price (as of market close Wednesday)</td><td>$347.83</td></tr></tbody></table></div><h2 id="company-snapshot">Company snapshot</h2><ul><li>Visa Inc. generates revenue primarily through transaction processing, card services, and value-added payment solutions for consumers, merchants, and financial institutions. </li><li>The company operates a global payments network (VisaNet) and earns fees from facilitating digital payments, authorizing transactions, and providing related services. </li><li>Its core customers include banks, merchants, businesses, and government entities seeking secure, scalable digital payment infrastructure.</li></ul><p>Visa Inc. is a leading global payments technology company with a large-scale transaction network and a diversified customer base. Its business model leverages transaction volume and network effects to drive consistent revenue and profitability. Visa's strategic focus on digital payments and value-added services underpins its competitive position in the evolving financial services landscape.</p><h2 id="foolish-take">Foolish take</h2><div><p>Neville Rodie &amp; Shaw’s decision to trim its Visa stake is a blip relative to the bigger picture: Visa has performed well this year, and analysts remain generally bullish on the firm. The stock is up 24% this year, outpacing the S&amp;P 500’s 14% gain, and it notched an all-time high of $375.51 in June. That strength reflects more than just investor enthusiasm—it’s grounded in strong fundamentals.</p><p>In its latest quarter, Visa delivered 14% revenue growth to $10.2 billion, fueled by healthy gains in payment volumes, cross-border transactions, and processed transactions. Meanwhile, non-GAAP earnings per share climbed 23%, underscoring the efficiency of its network and the continued resilience of consumer spending. Management also highlighted the company’s investments in innovation, including artificial intelligence and stablecoin integration, a sign of how Visa is preparing for the next era of payments.</p><p>For long-term investors, the takeaway is clear: Visa remains a beneficiary of the secular shift toward digital payments, with powerful network effects that are difficult to replicate. Short-term selling by a single fund doesn’t change the fact that Visa’s model—scaling transaction volume into profits and returning cash via dividends and buybacks—has proven durable. As digital commerce expands globally, Visa looks well-positioned to keep rewarding patient shareholders.</p></div><h2 id="glossary">Glossary</h2><p><strong>13F reportable AUM: </strong>Assets under management that must be disclosed in quarterly SEC Form 13F filings by institutional investment managers.</p><p><strong>AUM (Assets Under Management): </strong>The total market value of investments managed on behalf of clients by a fund or firm.</p><p><strong>Transaction processing: </strong>The handling and settlement of payment transactions between buyers, sellers, and financial institutions.</p><p><strong>Value-added payment solutions: </strong>Additional services beyond basic payment processing, such as fraud prevention, analytics, or loyalty programs.</p><p><strong>Network effects: </strong>The phenomenon where a product or service becomes more valuable as more people use it.</p><p><strong>Outperforming the S&amp;P 500: </strong>Achieving a higher return than the S&amp;P 500 index over a specific period.</p><p><strong>Quarter ended: </strong>The last day of a three-month financial reporting period for a company or fund.</p><p><strong>Top holdings: </strong>The largest investments held by a fund, typically ranked by value or portfolio percentage.</p><p><strong>Fund’s stake: </strong>The amount or percentage of ownership a fund holds in a particular company.</p><p><strong>TTM: </strong>The 12-month period ending with the most recent quarterly report.</p><p><strong>Dividend yield: </strong>A financial ratio showing how much a company pays in dividends relative to its share price.</p><p><strong>Digital payment infrastructure: </strong>The technology and systems enabling electronic transactions between consumers, merchants, and financial institutions.</p>                                                                            </div>

<p>Neville Rodie & Shaw Inc has reduced its stake in Visa by selling 13,278 shares for approximately $4.6 million, now holding 106,304 shares valued at around $36 million. Visa represents nearly 2% of the firm's assets. Despite this reduction, Visa's stock has risen 24% this year, outperforming the S&P 500. The company reported strong fundamentals, with a 14% revenue growth in the latest quarter, driven by increased payment volumes and innovations in digital payments. Analysts remain bullish on Visa's long-term prospects in the evolving financial landscape.</p>

- Neville Rodie & Shaw Inc disclosed a reduction in its Visa stake, selling 13,278 shares for approximately $4.6 million during the third quarter.  
- Following the transaction, the firm holds 106,304 shares in Visa, valued at around $36 million, with Visa now representing nearly 2% of its reported assets.  
- Despite this reduction, Visa's stock has risen 24% this year, reflecting strong fundamentals and a positive outlook in the digital payments sector.

Neville Rodie & Shaw Offloads $4.6 Million in Visa Shares — But Here’s What Investors Should Know About the Stock