VISA INC

Ticker: V CUSIP: 92826C839 Class: Common Stock

Graham Capital Management, L.P.'s Holding History (CIK: 0001315421)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 28,032 Value ($000) $9,831 Avg Close $340.38 Range $318.00 - $356.73

Q3 2025

Shares 18,279 Value ($000) $6,240 Avg Close $345.14 Range $327.47 - $358.32

Q4 2024

Shares 12,424 Value ($000) $3,926 Avg Close $298.33 Range $270.80 - $319.35

Q1 2024

Shares 1,594 Value ($000) $445 Avg Close $272.36 Range $253.11 - $287.25

Q4 2023

Shares 30,000 Value ($000) $7,811 Avg Close $242.67 Range $223.98 - $259.41

Q3 2023

Shares 35,343 Value ($000) $8,129 Avg Close $236.17 Range $223.46 - $245.89

Q2 2023

Shares 54,194 Value ($000) $12,870 Avg Close $224.44 Range $212.14 - $233.87

Q1 2023

Shares 42,170 Value ($000) $9,508 Avg Close $217.85 Range $201.55 - $229.06

Q4 2022

Shares 12,379 Value ($000) $2,572 Avg Close $196.98 Range $170.32 - $215.06

Q3 2022

Shares 82,255 Value ($000) $14,612 Avg Close $198.34 Range $170.54 - $212.34

Q2 2022

Shares 11,998 Value ($000) $2,362 Avg Close $201.06 Range $181.03 - $222.80

Q4 2020

Shares 47,500 Value ($000) $10,389 Avg Close $197.22 Range $172.59 - $212.54

Q3 2020

Shares 95,000 Value ($000) $18,997 Avg Close $192.21 Range $179.97 - $209.29

Q2 2020

Shares 120,000 Value ($000) $23,180 Avg Close $175.53 Range $144.56 - $194.39

Q1 2020

Shares 120,000 Value ($000) $19,334 Avg Close $180.69 Range $128.56 - $205.58

Q4 2019

Shares 100,000 Value ($000) $18,790 Avg Close $172.55 Range $161.32 - $182.01

Q3 2019

Shares 50,000 Value ($000) $8,600 Avg Close $170.31 Range $159.55 - $178.99

Q1 2019

Shares 240,000 Value ($000) $37,485 Avg Close $137.38 Range $121.79 - $149.61

Q3 2018

Shares 23,840 Value ($000) $3,578 Avg Close $135.08 Range $124.49 - $143.21

Q2 2018

Shares 7,727 Value ($000) $1,023 Avg Close $122.08 Range $110.61 - $129.75

Q1 2018

Shares 8,135 Value ($000) $973 Avg Close $114.76 Range $105.03 - $120.04

Q4 2017

Shares 8,973 Value ($000) $1,023 Avg Close $104.38 Range $99.07 - $108.72

Q1 2017

Shares 45,300 Value ($000) $4,026 Avg Close $80.89 Range $73.74 - $86.64

Q4 2014

Shares 10,000 Value ($000) $2,622 Avg Close $55.69 Range $45.09 - $62.34

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	28,032	$9,831	$340.38	$318.00 - $356.73
Q3 2025	18,279	$6,240	$345.14	$327.47 - $358.32
Q4 2024	12,424	$3,926	$298.33	$270.80 - $319.35
Q1 2024	1,594	$445	$272.36	$253.11 - $287.25
Q4 2023	30,000	$7,811	$242.67	$223.98 - $259.41
Q3 2023	35,343	$8,129	$236.17	$223.46 - $245.89
Q2 2023	54,194	$12,870	$224.44	$212.14 - $233.87
Q1 2023	42,170	$9,508	$217.85	$201.55 - $229.06
Q4 2022	12,379	$2,572	$196.98	$170.32 - $215.06
Q3 2022	82,255	$14,612	$198.34	$170.54 - $212.34
Q2 2022	11,998	$2,362	$201.06	$181.03 - $222.80
Q4 2020	47,500	$10,389	$197.22	$172.59 - $212.54
Q3 2020	95,000	$18,997	$192.21	$179.97 - $209.29
Q2 2020	120,000	$23,180	$175.53	$144.56 - $194.39
Q1 2020	120,000	$19,334	$180.69	$128.56 - $205.58
Q4 2019	100,000	$18,790	$172.55	$161.32 - $182.01
Q3 2019	50,000	$8,600	$170.31	$159.55 - $178.99
Q1 2019	240,000	$37,485	$137.38	$121.79 - $149.61
Q3 2018	23,840	$3,578	$135.08	$124.49 - $143.21
Q2 2018	7,727	$1,023	$122.08	$110.61 - $129.75
Q1 2018	8,135	$973	$114.76	$105.03 - $120.04
Q4 2017	8,973	$1,023	$104.38	$99.07 - $108.72
Q1 2017	45,300	$4,026	$80.89	$73.74 - $86.64
Q4 2014	10,000	$2,622	$55.69	$45.09 - $62.34