13F

Position

Evolution Advisers, Inc. in Visa Inc.

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Estimated mark uses implied 13F prices (value ÷ shares). Adds are treated as happening at this quarter’s mark; cuts at last quarter’s. Share jumps can be splits, not buys. This is not realized P&L.

Latest estimated mark −$18$0.35$0.30

QuarterSharesValueImplied pxEst. markFlowWeight
Q3 2025381$1320.1%
Q4 2025381$133$0.35$1−$00.1%
Q1 2026381$115$0.30−$18$00.0%