13F

Position

NCP 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 −$15.4K$351.00$301.76

QuarterSharesValueImplied pxEst. markFlowWeight
Q4 2025578$202.9K0.2%
Q1 2026313$94.5K$301.76−$15.4K−$93K0.2%