Chase Coleman's Tiger Global Management disclosed a new stake in payments giant Visa valued at approximately $274 million as of the end of the second quarter. According to its 13F filing, the investment gives the firm ownership of nearly 799,000 shares, constituting a 1.14% portfolio weight. This addition was part of a broader portfolio overhaul for the well-known growth-focused hedge fund during the quarter.
Investors are reminded that 13F filings are delayed, reflecting positions held on June 30, 2026, and not necessarily the firm's current holdings. The move into Visa came during a quarter where the payments company reported strong financial results, with a 17% year-over-year revenue increase to $11.2 billion and a newly authorized $20 billion share repurchase program.