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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 11 sales; 3,634 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: 3,634 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 20263,634$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
Actiam N.V.407,221$232.5M2.34%−16,241−3.8%Reduced
Cerity Partners LLC402,032$229.5M0.33%+9,829+2.5%Added
Evercore Wealth Management, LLC399,179$227.9M3.34%−6,348−1.6%Reduced
M&T Bank Corp398,166$227.3M0.73%+10,379+2.7%Added
Bristol John W & Co Inc384,275$219.4M3.37%−7,152−1.8%Reduced
Employees Retirement System of Texas382,078$218.1M1.78%−5,977−1.5%Reduced
Stonehage Fleming Financial Services Holdings Ltd380,960$217.5M6.69%+32,670+9.4%Added
Bridges Investment Management Inc380,742$217.4M2.76%−10,273−2.6%Reduced
KLP Kapitalforvaltning AS378,714$216.2M0.83%+680+0.2%Added
Douglass Winthrop Advisors, LLC378,155$215.9M3.77%−8,455−2.2%Reduced
Quantinno Capital Management LP375,450$214.3M0.43%+99,403+36.0%Added
Tredje AP-fonden375,210$214.2M1.61%−54,531−12.7%Reduced
Empower Advisory Group, LLC375,188$214.2M0.58%+600+0.2%Added
Montrusco Bolton Investments Inc.382,750$214.2M2.67%+74,110+24.0%Added
Danica Pension, Livsforsikringsaktieselskab375,119$214.1M3.09%+40,021+11.9%Added
La Banque Postale Asset Management SA374,065$213.5M2.48%+29,687+8.6%Added
Omers Administration Corp371,880$212.3M1.51%−84,938−18.6%Reduced
Retirement Systems of Alabama364,052$207.8M0.67%−1,657−0.5%Reduced
TCW Group Inc353,742$201.9M1.45%+2,664+0.8%Added
Gabelli Funds LLC342,929$195.8M1.33%−5,579−1.6%Reduced
Bartlett & Co. Wealth Management LLC335,969$191.8M2.51%+4,388+1.3%Added
Railway Pension Investments Ltd334,260$190.8M2.24%+4,660+1.4%Added
Federated Hermes, Inc.334,101$190.7M0.32%+64,161+23.8%Added
Impax Asset Management Group plc332,450$189.8M1.19%−13,510−3.9%Reduced
Teacher Retirement System of Texas329,822$188.3M0.65%+33,848+11.4%Added
Lazard Asset Management LLC328,246$187.4M0.32%+6,646+2.1%Added
D. E. Shaw & Co., Inc.321,418$183.5M0.14%+38,679+13.7%Added
Connor, Clark & Lunn Investment Management Ltd.320,894$183.2M0.48%+261,532+440.6%Added
DF Dent & Co Inc318,262$181.7M2.62%−50,215−13.6%Reduced
MFF Capital Investments Ltd317,119$181.0M11.09%+317,119New
Mn Services Vermogensbeheer B.V.315,374$180.0M1.11%+6,182+2.0%Added
Canoe Financial LP312,481$178.4M2.42%+8,800+2.9%Added
BI Asset Management Fondsmaeglerselskab A/S310,275$177.1M1.56%+16,623+5.7%Added
Davenport & Co LLC304,501$174.3M0.94%+1,950+0.6%Added
Janney Montgomery Scott LLC300,830$171.7M0.39%+561+0.2%Added
Carmignac Gestion299,595$171.1M2.31%+21,183+7.6%Added
Cetera Investment Advisers297,146$169.6M0.19%−1,753−0.6%Reduced
State of New Jersey Common Pension Fund D293,760$167.7M0.61%−6,681−2.2%Reduced
Johnson Investment Counsel Inc281,823$160.9M1.32%+2,582+0.9%Added
Holocene Advisors, LP277,334$158.3M0.33%+223,358+413.8%Added
Epoch Investment Partners, Inc.276,103$157.6M0.90%−21,219−7.1%Reduced
Nisa Investment Advisors, LLC275,572$157.3M0.52%+829+0.3%Added
Nomura Holdings Inc274,571$156.7M0.45%+127,425+86.6%Added
Lansforsakringar Fondforvaltning AB (publ)273,558$156.2M0.77%+17,607+6.9%Added
State of Tennessee, Treasury Department289,663$156.1M0.50%+5,425+1.9%Added
Resona Asset Management Co.,Ltd.271,732$155.5M0.75%−10,924−3.9%Reduced
Millennium Management LLC268,174$153.1M0.11%+101,360+60.8%Added
Creative Planning267,317$152.6M0.11%+8,036+3.1%Added
Wealth Enhancement Advisory Services, LLC259,438$151.4M0.21%−185,737−41.7%Reduced
Forsta Ap-Fonden252,923$144.4M0.86%−3,420−1.3%Reduced
Liontrust Investment Partners LLP251,103$143.3M2.13%+229,649+1,070.4%Added
Rafferty Asset Management, LLC251,038$143.3M0.50%−24,305−8.8%Reduced
Qube Research & Technologies Ltd250,559$143.0M0.20%−40,099−13.8%Reduced
Truist Financial Corp246,521$140.7M0.19%−6,366−2.5%Reduced
CCLA Investment Management Ltd246,042$140.5M2.25%−3,894−1.6%Reduced
Arizona State Retirement System243,464$139.0M0.76%−6,784−2.7%Reduced
Swiss Life Asset Management Ltd241,856$138.1M0.70%+18,928+8.5%Added
State of Michigan Retirement System241,581$137.9M0.67%−13,200−5.2%Reduced
Munro Partners241,474$137.9M3.85%+56,020+30.2%Added
iA Global Asset Management Inc.241,419$137.8M1.76%+19,169+8.6%Added
Calamos Advisors LLC240,682$137.4M0.56%−6,231−2.5%Reduced
HM Payson & Co237,989$135.9M1.92%−320.0%Reduced
Capital International Inc237,988$135.9M1.07%−6,838−2.8%Reduced
MetLife Investment Management235,104$134.2M0.65%−8,044−3.3%Reduced
Natixis232,646$132.8M0.52%+79,436+51.8%Added
Atalan Capital Partners, LP231,250$132.0M9.39%−10,950−4.5%Reduced
Assetmark, Inc229,299$130.9M0.27%+9,795+4.5%Added
Federation des caisses Desjardins du Quebec228,410$130.4M0.50%+16,803+7.9%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund228,070$130.2M1.09%+2,280+1.0%Added
Schwartz Investment Counsel Inc227,524$129.9M4.54%−500.0%Reduced
Cryder Capital Partners LLP226,299$129.2M7.63%+32,359+16.7%Added
Styrax Capital, LP225,912$129.0M9.88%−16,458−6.8%Reduced
CIBC Asset Management Inc222,531$127.0M0.31%+79,110+55.2%Added
Macquarie Group Ltd221,798$126.5M0.55%−891,291−80.1%Reduced
DSM Capital Partners LLC219,859$125.5M1.86%−17,582−7.4%Reduced
Seilern Investment Management Ltd219,171$125.1M9.70%−7,267−3.2%Reduced
Northwestern Mutual Wealth Management Co218,899$125.0M0.08%−9,672−4.2%Reduced
Xponance, Inc.217,523$124.2M0.93%+2,094+1.0%Added
Pinebridge Investments LLC217,405$124.1M0.91%+217,405New
Commonwealth Equity Services, LLC216,411$123.5M0.16%−16,774−7.2%Reduced
Czech National Bank216,211$123.4M0.80%+6,554+3.1%Added
Argent Capital Management LLC210,740$120.3M3.41%−11,262−5.1%Reduced
Markel Group Inc.SuperinvestorMarkel Group207,540$118.5M0.94%00.0%Unchanged
M&G Plc206,977$118.2M0.61%+2,739+1.3%Added
Park Presidio Capital LLC205,941$117.6M9.57%+2,500+1.2%Added
Lord, Abbett & Co. LLC205,026$117.0M0.36%+346+0.2%Added
Tandem Investment Advisors, Inc.197,762$112.9M4.20%−7,611−3.7%Reduced
Bowie Capital Management, LLC197,571$112.8M4.65%+10,556+5.6%Added
PensionDanmark Pensionsforsikringsaktieselskab195,303$111.5M1.01%+195,303New
Susquehanna International Group, LLP193,843$110.7M0.15%−31,243−13.9%Reduced
Intermede Investment Partners Ltd193,782$110.6M4.55%−9,654−4.7%Reduced
L1 Capital International Pty Ltd193,609$110.5M5.71%+151,436+359.1%Added
Advisor Group Holdings, Inc.193,174$110.4M0.16%−28,782−13.0%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys190,727$108.9M0.55%−7,504−3.8%Reduced
Bank of Nova Scotia189,607$108.2M0.16%−46,679−19.8%Reduced
AE Wealth Management LLC189,552$108.2M0.62%+58,086+44.2%Added
Mirae Asset Global Investments Co., Ltd.188,482$107.6M0.30%+23,050+13.9%Added
ProShare Advisors LLC187,024$106.8M0.19%+7,238+4.0%Added
Rockefeller Capital Management L.P.186,350$106.4M0.19%+16,844+9.9%Added
Vident Advisory, LLC185,907$106.1M1.00%+8,148+4.6%Added