From Yahoo Finance: 2025-04-17 10:31:00

Wedgewood Partners, an investment management company, released its Q1 2025 investor letter, reporting a -6.3% net return for Wedgewood Composite, compared to the S&P’s -4.3%, Russell 1000 Growth Index’s -10.0%, and Russell 1000 Value Index’s 2.1% return. The letter also highlights Visa Inc. (NYSE:V) as a top performer.

Visa Inc. (NYSE:V) saw a -2.51% one-month return and a 21.50% gain over the last 52 weeks. On April 16, 2025, Visa Inc. (NYSE:V) stock closed at $331.33 per share with a market capitalization of $639.139 billion. The company was a top contributor to Wedgewood Partners’ portfolio performance in Q1 2025.

Wedgewood Partners’ Q1 2025 investor letter praised Visa Inc. (NYSE:V) for its +10% revenue growth and +14% adjusted earnings per share growth, driven by a +16% increase in cross-border payment volume. The company handled $13.4 trillion in volume on 240 billion transactions in 2024, with ample room for future growth.

Visa Inc. (NYSE:V) holds the 6th position on the list of 30 Most Popular Stocks Among Hedge Funds. 181 hedge fund portfolios held Visa Inc. (NYSE:V) at the end of Q4 2024, up from 165 in the previous quarter. The company reported $9.5 billion in net revenue in Q1 2025, up 10% year-over-year, and a 14% increase in EPS.

For more on Visa Inc. (NYSE:V) and other top blue-chip stocks recommended by billionaires, check out Insider Monkey’s articles. Stay informed with hedge fund investor letters from Q1 2025 for valuable insights. Michael Burry’s stock selling trends and the future of US stocks are also worth exploring.

Read more: Wedgewood Partners’ Top Q1 Contributor