Thrivent Financial for Lutherans increased its position in Visa Inc. during the third quarter, acquiring an additional 89,593 shares to bring its total holding to 1,543,383 shares. This purchase raised the firm’s overall exposure to the credit-card processor by 6.2%, making Visa its 12th largest holding. As of the latest 13F filing, the Visa position represents approximately 1.0% of Thrivent’s total assets under management, valued at just over $526 million. This incremental build underscores Thrivent’s confidence in Visa’s revenue growth and ongoing fee-based income streams driven by cross-border transactions and digital payment adoption.

UMB Bank n.a. modestly reduced its stake in Visa Inc. during the same quarter, selling 19,106 shares to end the period with 158,458 shares outstanding. The 10.8% reduction lowered the bank’s weighting of Visa to 0.8% of its investment portfolio, making it the institution’s 29th largest equity holding. The divestiture decreased UMB’s total Visa exposure by approximately $54 million in market value, reflecting a strategic rebalancing toward fixed-income and other equity selections ahead of year-end reporting.