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Mastercard Inc

MA
Exchange
NYSE
Industry
Services-Business Services, NEC
SEC CIK
0001141391

In the last 90 days, Mastercard Inc insiders filed 0 open-market purchases and 13 sales; 3,633 institutions reported holding it in 13F filings for Q2 2026, worth $396.2B in total; 12 superinvestors hold it, including Pershing Square and Akre Capital Management.

13F holders, Q4 2025

Institutional positions in Mastercard Inc as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
3,742
+300 vs. Q3 2025
Shares held
862.7M
+82.8M (+10.6%) vs. Q3 2025
Total value
$450.8B
+$7.25B (+1.6%) vs. Q3 2025
New holders
418
1,404 more added
Sold out
118
1,444 more reduced

70 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting MA on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 3,742 institutions
Q1 2021: 2,484 institutionsQ2 2021: 2,494 institutionsQ3 2021: 2,455 institutionsQ4 2021: 2,646 institutionsQ1 2022: 2,624 institutionsQ2 2022: 2,595 institutionsQ3 2022: 2,556 institutionsQ4 2022: 2,715 institutionsQ1 2023: 2,738 institutionsQ2 2023: 2,788 institutionsQ3 2023: 2,823 institutionsQ4 2023: 3,042 institutionsQ1 2024: 3,123 institutionsQ2 2024: 3,123 institutionsQ3 2024: 3,147 institutionsQ4 2024: 3,450 institutionsQ1 2025: 3,492 institutionsQ2 2025: 3,537 institutionsQ3 2025: 3,512 institutionsQ4 2025: 3,742 institutionsQ1 2026: 3,634 institutionsQ2 2026: 3,633 institutions
Value heldQ4 2025: $450.8B
Q1 2021: $265.3BQ2 2021: $270.2BQ3 2021: $255.2BQ4 2021: $264.8BQ1 2022: $262.5BQ2 2022: $231.2BQ3 2022: $207.8BQ4 2022: $253.3BQ1 2023: $263.3BQ2 2023: $282.6BQ3 2023: $283.0BQ4 2023: $305.0BQ1 2024: $343.5BQ2 2024: $314.8BQ3 2024: $351.6BQ4 2024: $422.8BQ1 2025: $438.3BQ2 2025: $448.2BQ3 2025: $445.2BQ4 2025: $450.8BQ1 2026: $383.8BQ2 2026: $396.2B
Institutions holding MA and their total value by quarter
QuarterHoldersValue
Q2 20263,633$396.2B
Q1 20263,634$383.8B
Q4 20253,742$450.8B
Q3 20253,512$445.2B
Q2 20253,537$448.2B
Q1 20253,492$438.3B
Q4 20243,450$422.8B
Q3 20243,147$351.6B
Q2 20243,123$314.8B
Q1 20243,123$343.5B
Q4 20233,042$305.0B
Q3 20232,823$283.0B
Q2 20232,788$282.6B
Q1 20232,738$263.3B
Q4 20222,715$253.3B
Q3 20222,556$207.8B
Q2 20222,595$231.2B
Q1 20222,624$262.5B
Q4 20212,646$264.8B
Q3 20212,455$255.2B
Q2 20212,494$270.2B
Q1 20212,484$265.3B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Mastercard Inc; share changes are against Q3 2025.

Institutions holding MA in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc79,897,854$45.6B0.66%+466,514+0.6%Added
Mastercard Foundation Asset Management Corp70,121,630$40.0B97.40%−185,974−0.3%Reduced
BlackRock, Inc.68,304,200$39.0B0.66%−1,857,641−2.6%Reduced
State Street Corp36,611,476$20.9B0.70%+31,102+0.1%Added
JPMorgan Chase & Co31,214,224$17.8B1.20%−190,327−0.6%Reduced
FMR LLC25,177,655$14.4B0.73%−1,690,265−6.3%Reduced
Geode Capital Management, LLC20,686,605$11.8B0.73%+349,369+1.7%Added
Price T Rowe Associates Inc19,041,495$10.9B1.17%−842,424−4.2%Reduced
Capital International Investors17,964,658$10.3B1.61%+759,584+4.4%Added
Morgan Stanley16,046,550$9.16B0.55%+123,528+0.8%Added
Wellington Management Group LLP13,496,758$7.71B1.35%+1,196,471+9.7%Added
Norges Bank11,746,265$6.71B0.72%+11,746,265New
Capital Research Global Investors10,791,976$6.16B1.14%+444,142+4.3%Added
Northern Trust Corp8,744,661$4.99B0.64%−89,508−1.0%Reduced
Bank of New York Mellon Corp7,777,622$4.44B0.78%−428,606−5.2%Reduced
Nuveen, LLC7,403,000$4.23B1.11%−181,194−2.4%Reduced
UBS Asset Management Americas Inc6,614,640$3.78B0.80%−25,304−0.4%Reduced
Franklin Resources Inc6,305,667$3.60B0.88%−1,157,899−15.5%Reduced
Goldman Sachs Group Inc5,890,060$3.36B0.48%−444,809−7.0%Reduced
Charles Schwab Investment Management Inc5,878,841$3.36B0.52%+98,072+1.7%Added
Massachusetts Financial Services Co5,871,070$3.35B1.08%−367,930−5.9%Reduced
Legal & General Group Plc5,745,672$3.28B0.73%−61,215−1.1%Reduced
American Century Companies Inc5,501,246$3.14B1.58%+287,282+5.5%Added
Invesco Ltd.5,422,493$3.10B0.29%−236,054−4.2%Reduced
Bank of America Corp5,343,046$3.05B0.22%−142,550−2.6%Reduced
Janus Henderson Group PLC5,260,969$2.99B1.34%−997,057−15.9%Reduced
Royal Bank of Canada5,066,320$2.89B0.51%−49,458−1.0%Reduced
Jennison Associates LLC4,642,316$2.65B1.59%−625,414−11.9%Reduced
Fisher Asset Management, LLC4,355,805$2.49B0.85%+47,405+1.1%Added
Dimensional Fund Advisors LP4,182,488$2.39B0.50%+70,564+1.7%Added
Ameriprise Financial Inc4,162,530$2.38B0.54%−72,869−1.7%Reduced
Berkshire Hathaway IncSuperinvestorBerkshire Hathaway3,986,648$2.28B0.83%00.0%Unchanged
UBS Group AG3,927,382$2.24B0.44%−144,622−3.6%Reduced
Canada Pension Plan Investment Board3,696,302$2.11B1.41%−181,352−4.7%Reduced
Capital World Investors3,344,879$1.91B0.26%−1,476,057−30.6%Reduced
Deutsche Bank AG3,336,603$1.90B0.62%+249,932+8.1%Added
Amundi3,180,899$1.82B0.49%−182,974−5.4%Reduced
Brown Advisory Inc3,161,082$1.80B2.52%−144,697−4.4%Reduced
Arrowstreet Capital, Limited Partnership3,111,652$1.78B1.04%+733,101+30.8%Added
Akre Capital Management LLCSuperinvestorAkre Capital Management3,005,280$1.72B18.81%−150,314−4.8%Reduced
Barclays PLC2,808,706$1.60B0.64%−798,697−22.1%Reduced
Wells Fargo & Company2,772,698$1.58B0.31%−5,114−0.2%Reduced
Temasek Holdings (Private) Ltd2,769,218$1.58B5.10%+8,667+0.3%Added
T. Rowe Price Investment Management, Inc.2,524,059$1.44B0.91%+605,608+31.6%Added
Nordea Investment Management AB2,378,194$1.37B1.17%+25,954+1.1%Added
Principal Financial Group Inc2,378,452$1.36B0.69%−155,665−6.1%Reduced
Swiss National Bank2,335,860$1.33B0.79%−132,240−5.4%Reduced
Alliancebernstein L.P.2,290,904$1.31B0.41%−470,004−17.0%Reduced
Swedbank AB2,250,933$1.29B1.24%+198,925+9.7%Added
Sumitomo Mitsui Trust Holdings, Inc.2,159,014$1.23B0.72%−74,375−3.3%Reduced
Polen Capital Management LLC2,131,727$1.22B5.20%−609,516−22.2%Reduced
Bank of Montreal2,076,681$1.19B0.48%+313,420+17.8%Added
Schroder Investment Management Group2,057,164$1.17B0.89%+86,161+4.4%Added
Soroban Capital Partners LP1,889,087$1.07B7.86%+790,514+72.0%Added
California Public Employees Retirement System1,835,410$1.05B0.60%−30,686−1.6%Reduced
Russell Investments Group, Ltd.1,830,673$1.05B1.14%−98,043−5.1%Reduced
Parnassus Investments1,809,280$1.03B2.68%−313,779−14.8%Reduced
Envestnet Asset Management Inc1,788,070$1.02B0.30%−243,165−12.0%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,761,224$991.8M0.67%+83,407+5.0%Added
StonePine Asset Management Inc.1,697,191$968.9M6.02%+111,501+7.0%Added
Fiera Capital Corp1,690,498$965.1M3.06%−48,140−2.8%Reduced
National Pension Service1,682,172$960.3M0.71%+107,831+6.8%Added
Pictet Asset Management Holding SA1,608,437$918.4M0.89%+94,843+6.3%Added
HSBC Holdings PLC1,597,748$913.0M0.52%−10,402−0.6%Reduced
FIL Ltd1,594,175$910.1M0.68%+602,087+60.7%Added
Gardner Russo & Quinn LLCSuperinvestorGardner Russo & Quinn1,585,999$905.4M9.77%−34,273−2.1%Reduced
Neuberger Berman Group LLC1,565,050$893.7M0.67%−59,917−3.7%Reduced
Sanders Capital, LLC1,548,588$884.1M1.02%+133,588+9.4%Added
Rhumbline Advisers1,548,382$883.9M0.71%−52,383−3.3%Reduced
Raymond James Financial Inc1,536,283$877.3M0.27%−39,518−2.5%Reduced
Allianz Asset Management GmbH1,530,758$873.9M1.00%+457,719+42.7%Added
Ensign Peak Advisors, Inc1,521,463$868.6M1.53%−28,369−1.8%Reduced
Victory Capital Management Inc1,498,716$855.6M0.48%−391,261−20.7%Reduced
Valley Forge Capital Management, LPSuperinvestorValley Forge Capital1,487,409$849.1M19.25%+2,637+0.2%Added
Baillie Gifford & Co1,464,206$835.9M0.69%−95,526−6.1%Reduced
Rothschild & Co Wealth Management UK Ltd1,382,548$789.3M12.41%+3,902+0.3%Added
Caisse de Depot Et Placement du Quebec1,372,595$783.6M1.33%+68,361+5.2%Added
California State Teachers Retirement System1,323,057$755.3M0.76%−27,652−2.0%Reduced
ING Groep NV1,284,699$733.4M4.42%−56,362−4.2%Reduced
Bank Julius Baer & Co. Ltd, Zurich1,270,542$726.6M2.00%+8,966+0.7%Added
DnB Asset Management AS1,261,054$719.9M2.51%+369,149+41.4%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP1,382,955$719.7M6.52%−3,196−0.2%Reduced
Winslow Capital Management, LLC1,239,121$708.7M2.38%+19,215+1.6%Added
Ninety One UK Ltd1,236,730$706.0M1.51%+25,216+2.1%Added
Two Sigma Advisers, LP1,227,980$701.0M1.36%+125,780+11.4%Added
SEI Investments Co1,184,447$676.2M0.67%+146,834+14.2%Added
Fayez Sarofim & Co1,183,243$675.5M1.62%+22,972+2.0%Added
DekaBank Deutsche Girozentrale1,322,367$662.1M1.24%00.0%Unchanged
Voya Investment Management LLC1,142,441$652.2M0.64%+79,374+7.5%Added
APG Asset Management N.V.1,317,569$640.4M1.82%+330,446+33.5%Added
Universal- Beteiligungs- und Servicegesellschaft mbH1,086,260$620.2M1.01%+7,854+0.7%Added
William Blair Investment Management, LLC1,084,947$619.4M1.73%−20,398−1.8%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,082,935$618.4M0.71%+340,458+45.9%Added
BNP Paribas Arbitrage, SA1,045,242$596.7M0.38%+265,814+34.1%Added
Vontobel Holding Ltd.1,029,570$587.8M1.94%−307,503−23.0%Reduced
LPL Financial LLC1,026,091$585.8M0.16%+66,735+7.0%Added
Robeco Institutional Asset Management B.V.1,025,209$585.3M0.83%+955+0.1%Added
Credit Agricole S A1,003,139$572.7M1.58%+26,680+2.7%Added
Mirova US LLC996,782$569.0M5.71%−31,819−3.1%Reduced
Brown Brothers Harriman & Co990,199$565.3M3.08%−33,857−3.3%Reduced