In a significant portfolio shift, Robert Olstein's firm, Olstein Capital Management, eliminated its entire position in Visa Inc. (V) during the second quarter of 2026. According to regulatory filings, the firm sold all 11,750 of its shares, a stake previously valued at approximately $3.55 million. This disclosure, made in a quarterly 13F report, reflects trades made between March 31 and June 30, 2026.
The liquidation of the Visa stake coincided with a major corporate event for Olstein Capital Management. Easterly Asset Management completed its acquisition of Olstein's mutual fund business on June 29, 2026, following shareholder approval late in the quarter. The portfolio changes are likely a result of the subsequent reorganization and consolidation of the funds under new management. During the same period, Visa reported strong financial performance, with revenues and profits beating analyst expectations.