13F

Position

FOCUSED ALPHA, LLC 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 −$464.1K$350.71$302.24

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 20259.95K$3.49M1.0%
Q1 20269.58K$2.89M$302.24−$464.1K−$129.4K0.9%