Mastercard Inc. Class AMA
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 3,512 institutions reported holding Mastercard Inc. Class A (MA) in their 13F filings, down 23 from Q2 2025. 128 opened new positions and 129 sold out. The largest holders were Vanguard Group Inc. ($45.2B), Mastercard Foundation Asset Management Corp. ($40.0B) and BlackRock, Inc. ($39.9B). 22 famous investors held it, including Dev Kantesaria (20.3% of Valley Forge Capital Management's portfolio), Chuck Akre (17.9% of Akre Capital Management's portfolio) and Guy Spier (11.8% of Aquamarine Capital (Aquamarine Zurich)'s portfolio).
- Company
- Mastercard Inc. Class A
- Sector
- Consumer Discretionary
- CUSIP
- 57636Q104
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 128 | $322.2M |
| Exits | 129 | $1.2B |
All 13F filers, Q2 2025 → Q3 2025: 21,671,268 shares bought and 26,093,868 shares sold, net −4,422,600 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 3,512 holders
| Vanguard Group Inc. | 0.68% | Add +1.2% | 79,431,340 | $45.2B |
| Mastercard Foundation Asset Management Corp. | 92.28% | Reduce -6.5% | 70,307,604 | $40.0B |
| BlackRock, Inc. | 0.70% | Add +2.1% | 70,161,841 | $39.9B |
| State Street Corp. | 0.72% | Add +2.8% | 36,580,374 | $20.8B |
| JPMorgan Chase & Co. | 1.14% | Add +8.9% | 31,404,551 | $17.9B |
| FMR LLC | 0.80% | Add +8.2% | 26,867,920 | $15.3B |
| Geode Capital Management, LLC | 0.74% | Add +2.9% | 20,337,236 | $11.5B |
| T. Rowe Price Associates Inc. | 1.21% | Reduce -2.1% | 19,883,919 | $11.3B |
| Capital International Investors | 1.59% | Reduce -1.3% | 17,205,074 | $9.8B |
| Morgan Stanley | 0.55% | Reduce -1.7% | 15,923,022 | $9.1B |
| Wellington Management Group LLP | 1.23% | Add +0.1% | 12,300,287 | $7.0B |
| Capital Research Global Investors | 1.11% | Add +6.5% | 10,347,834 | $5.9B |
| Northern Trust Corp. | 0.64% | Add +0.2% | 8,834,169 | $5.0B |
| Bank of New York Mellon Corp | 0.84% | Reduce -3.3% | 8,206,228 | $4.7B |
| Nuveen, LLC | 1.14% | Reduce -2.2% | 7,584,194 | $4.3B |
| Franklin Resources Inc. | 1.07% | Reduce -2.0% | 7,463,566 | $4.2B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.82% | Reduce -19.3% | 6,639,944 | $3.8B |
| Goldman Sachs Group Inc. | 0.52% | Add +18.3% | 6,334,869 | $3.6B |
| Janus Henderson Group PLC | 1.63% | Add +0.4% | 6,258,026 | $3.6B |
| Massachusetts Financial Services Co. | 1.10% | Reduce -2.1% | 6,239,000 | $3.5B |
| Legal & General Group Plc | 0.74% | Add +4.2% | 5,806,887 | $3.3B |
| Charles Schwab Investment Management Inc. | 0.52% | Add +5.8% | 5,780,769 | $3.3B |
| Invesco Ltd. | 0.51% | Add +6.4% | 5,658,547 | $3.2B |
| Bank of America Corp. | 0.23% | Add +1.4% | 5,485,596 | $3.1B |
| Jennison Associates LLC | 1.74% | Reduce -12.9% | 5,267,730 | $3.0B |
| American Century Companies Inc. | 1.51% | Add +1.1% | 5,213,964 | $3.0B |
| Royal Bank of Canada | 0.52% | Add +2.7% | 5,115,778 | $2.9B |
| Capital World Investors | 0.38% | Reduce -4.9% | 4,820,936 | $2.7B |
| Fisher Asset Management | 0.89% | Add +1.4% | 4,308,400 | $2.5B |
| Ameriprise Financial Inc. | 0.56% | Reduce -0.6% | 4,235,399 | $2.4B |
| Dimensional Fund Advisors LP | 0.50% | Add +2.7% | 4,111,924 | $2.3B |
| UBS Group AG | 0.45% | Add +7.4% | 4,072,004 | $2.3B |
| Berkshire Hathaway | 0.85% | No change | 3,986,648 | $2.3B |
| Canada Pension Plan Investment Board | 1.55% | Reduce -6.1% | 3,877,654 | $2.2B |
| Barclays PLC | 0.77% | Reduce -4.0% | 3,607,403 | $2.1B |
| Amundi | 0.63% | Add +9.8% | 3,363,873 | $1.9B |
| Brown Advisory Inc. | 2.45% | Add +3.5% | 3,305,779 | $1.9B |
| Akre Capital Management | 17.89% | Reduce -4.2% | 3,155,594 | $1.8B |
| Deutsche Bank AG | 0.59% | Add +10.3% | 3,086,671 | $1.8B |
| Wells Fargo & Company | 0.32% | Add +4.9% | 2,777,812 | $1.6B |
| Alliancebernstein L.P. | 0.49% | Reduce -4.6% | 2,760,908 | $1.6B |
| Temasek Holdings (Private) Ltd | 5.47% | Add +0.2% | 2,760,551 | $1.6B |
| Polen Capital Management LLC | 5.06% | Reduce -8.4% | 2,741,243 | $1.6B |
| Principal Financial Group Inc. | 0.73% | Add +0.6% | 2,534,117 | $1.4B |
| Swiss National Bank | 0.81% | Add +0.1% | 2,468,100 | $1.4B |
| Arrowstreet Capital, Limited Partnership | 0.85% | Reduce -0.2% | 2,378,551 | $1.4B |
| Nordea Investment Management AB | 1.17% | Reduce -1.4% | 2,352,240 | $1.3B |
| Sumitomo Mitsui Trust Group, Inc. | 0.73% | Add +3.5% | 2,233,389 | $1.3B |
| Parnassus Investments, LLC | 2.79% | Reduce -0.7% | 2,123,059 | $1.2B |
| Swedbank AB | 1.18% | Add +1.6% | 2,052,008 | $1.2B |
| Envestnet Asset Management Inc. | 0.33% | Reduce -0.7% | 2,031,235 | $1.2B |
| Schroder Investment Management Group | 0.88% | Add +0.0% | 1,971,003 | $1.1B |
| Russell Investments Group, Ltd. | 1.25% | Add +1.5% | 1,928,716 | $1.1B |
| T. Rowe Price Investment Management, Inc. | 0.67% | Add +146.0% | 1,918,451 | $1.1B |
| Victory Capital Management Inc. | 0.63% | Reduce -4.5% | 1,889,977 | $1.1B |
| California Public Employees Retirement System | 0.64% | Add +0.8% | 1,866,096 | $1.1B |
| Bank of Montreal | 0.43% | Reduce -1.8% | 1,763,261 | $1.0B |
| Fiera Capital Corp | 3.20% | Reduce -3.1% | 1,738,638 | $989.0M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.69% | Add +8.1% | 1,677,817 | $954.4M |
| Neuberger Berman Group LLC | 0.68% | Add +2.0% | 1,624,967 | $924.3M |
| Gardner Russo & Quinn | 9.88% | Reduce -3.7% | 1,620,272 | $921.6M |
| HSBC Holdings PLC | 0.54% | Add +1.6% | 1,608,150 | $914.1M |
| Rhumbline Advisers | 0.73% | Add +2.8% | 1,600,765 | $910.5M |
| PineStone Asset Management Inc. | 5.61% | Reduce -1.3% | 1,585,690 | $902.0M |
| Raymond James Financial Inc. | 0.29% | Add +1.7% | 1,575,801 | $896.3M |
| National Pension Service | 0.70% | Add +3.6% | 1,574,341 | $895.5M |
| Baillie Gifford & Co. | 0.66% | Reduce -2.0% | 1,559,732 | $887.2M |
| Ensign Peak Advisors, Inc | 1.45% | Reduce -0.7% | 1,549,832 | $881.6M |
| Pictet Asset Management Holding SA | 0.83% | Add +5.4% | 1,513,594 | $860.9M |
| Valley Forge Capital Management | 20.32% | No change | 1,484,772 | $844.6M |
| Acadian Asset Management LLC | 1.42% | Add +10.9% | 1,434,458 | $815.9M |
| Sanders Capital, LLC | 0.99% | Reduce -1.6% | 1,415,000 | $804.9M |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 6.98% | Reduce -1.4% | 1,386,151 | $795.3M |
| Rothschild & Co Wealth Management UK Ltd | 12.61% | Add +2.8% | 1,378,646 | $784.2M |
| California State Teachers Retirement System | 0.79% | Add +5.3% | 1,350,709 | $768.3M |
| ING Groep NV | 4.13% | Reduce -5.3% | 1,341,061 | $762.8M |
| Vontobel Holding Ltd. | 2.39% | Reduce -1.7% | 1,337,073 | $760.5M |
| DekaBank Deutsche Girozentrale | 1.26% | No change | 1,322,367 | $747.6M |
| Caisse de depot et placement du Quebec | 1.34% | Reduce -2.8% | 1,304,234 | $741.9M |
| Bank Julius Baer & Co. Ltd, Zurich | 2.02% | Add +0.2% | 1,261,576 | $717.6M |
| Winslow Capital Management, LLC | 2.29% | Reduce -10.5% | 1,219,906 | $693.9M |
| Ninety One UK Ltd | 1.49% | Add +2.9% | 1,211,514 | $689.1M |
| Fayez Sarofim & Co | 1.54% | Add +0.6% | 1,160,271 | $665.2M |
| CANADA LIFE ASSURANCE Co | 0.91% | Add +10.1% | 1,121,410 | $636.9M |
| Macquarie Group Ltd. | 0.74% | Reduce -2.4% | 1,113,089 | $633.0M |
| William Blair Investment Management, LLC | 1.63% | Reduce -9.4% | 1,105,345 | $628.7M |
| Two Sigma Advisers, LP | 1.25% | Reduce -6.3% | 1,102,200 | $626.9M |
| Soroban Capital Partners LP | 5.14% | Add +5.9% | 1,098,573 | $624.9M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 1.04% | Add +3.8% | 1,078,406 | $613.4M |
| Allianz Asset Management GmbH | 0.75% | Add +31.9% | 1,073,039 | $610.4M |
| Voya Investment Management LLC | 0.69% | Add +3.2% | 1,063,067 | $604.7M |
| Prudential Financial Inc. | 0.70% | Add +0.5% | 1,037,853 | $590.3M |
| Sei Investments Co. | 0.63% | Reduce -1.1% | 1,037,613 | $590.2M |
| CI Investments Inc. | 2.13% | Reduce -5.0% | 1,028,705 | $585.1M |
| Mirova US LLC | 5.91% | Reduce -3.9% | 1,028,601 | $585.1M |
| Robeco Institutional Asset Management B.V. | 0.84% | Add +18.5% | 1,024,254 | $582.6M |
| Brown Brothers Harriman & Co. | 3.55% | Reduce -1.5% | 1,024,056 | $582.5M |
| New York State Common Retirement Fund | 0.74% | Reduce -6.6% | 1,009,234 | $574.1M |
| FIL Ltd | 0.44% | Add +2.7% | 992,088 | $564.3M |
| Blair William & Co. | 1.48% | Reduce -3.0% | 976,597 | $555.5M |
"% of holder's portfolio" is MA's weight in each manager's 13F, not the share of Mastercard Inc. Class A the manager owns.