Mastercard Inc. Class AMA
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 3,740 institutions reported holding Mastercard Inc. Class A (MA) in their 13F filings, up 228 from Q3 2025. 122 opened new positions and 110 sold out. The largest holders were Vanguard Group Inc. ($45.6B), Mastercard Foundation Asset Management Corp. ($40.0B) and BlackRock, Inc. ($39.0B). 23 famous investors held it, including Dev Kantesaria (19.2% of Valley Forge Capital Management's portfolio), Chuck Akre (18.8% of Akre Capital Management's portfolio) and Guy Spier (15.5% 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 Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 122 | $686.3M |
| Exits | 110 | $440.9M |
All 13F filers, Q3 2025 → Q4 2025: 91,663,011 shares bought and 25,768,212 shares sold, net +65,894,799 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 3,740 holders
| Vanguard Group Inc. | 0.66% | Add +0.6% | 79,897,854 | $45.6B |
| Mastercard Foundation Asset Management Corp. | 97.40% | Reduce -0.3% | 70,121,630 | $40.0B |
| BlackRock, Inc. | 0.66% | Reduce -2.6% | 68,304,200 | $39.0B |
| State Street Corp. | 0.70% | Add +0.1% | 36,611,476 | $20.9B |
| JPMorgan Chase & Co. | 1.20% | Reduce -0.6% | 31,214,224 | $17.8B |
| FMR LLC | 0.73% | Reduce -6.3% | 25,177,655 | $14.4B |
| Geode Capital Management, LLC | 0.73% | Add +1.7% | 20,686,605 | $11.8B |
| T. Rowe Price Associates Inc. | 1.18% | Reduce -4.2% | 19,041,495 | $10.9B |
| Capital International Investors | 1.61% | Add +4.4% | 17,964,658 | $10.3B |
| Morgan Stanley | 0.55% | Add +0.8% | 16,046,550 | $9.2B |
| Wellington Management Group LLP | 1.35% | Add +9.7% | 13,496,758 | $7.7B |
| Norges Bank | 0.72% | — | 11,746,265 | $6.7B |
| Capital Research Global Investors | 1.14% | Add +4.3% | 10,791,976 | $6.2B |
| Northern Trust Corp. | 0.64% | Reduce -1.0% | 8,744,661 | $5.0B |
| Bank of New York Mellon Corp | 0.78% | Reduce -5.2% | 7,777,622 | $4.4B |
| Nuveen, LLC | 1.11% | Reduce -2.4% | 7,403,000 | $4.2B |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.80% | Reduce -0.4% | 6,614,640 | $3.8B |
| Franklin Resources Inc. | 0.90% | Reduce -15.5% | 6,305,667 | $3.6B |
| Goldman Sachs Group Inc. | 0.48% | Reduce -7.0% | 5,890,060 | $3.4B |
| Charles Schwab Investment Management Inc. | 0.52% | Add +1.7% | 5,878,841 | $3.4B |
| Massachusetts Financial Services Co. | 1.08% | Reduce -5.9% | 5,871,070 | $3.4B |
| Legal & General Group Plc | 0.73% | Reduce -1.1% | 5,745,672 | $3.3B |
| American Century Companies Inc. | 1.58% | Add +5.5% | 5,501,246 | $3.1B |
| Invesco Ltd. | 0.29% | Reduce -4.2% | 5,422,493 | $3.1B |
| Bank of America Corp. | 0.22% | Reduce -2.6% | 5,343,046 | $3.1B |
| Janus Henderson Group PLC | 1.34% | Reduce -15.9% | 5,260,969 | $3.0B |
| Royal Bank of Canada | 0.51% | Reduce -1.0% | 5,066,320 | $2.9B |
| Jennison Associates LLC | 1.59% | Reduce -11.9% | 4,642,316 | $2.7B |
| Fisher Asset Management | 0.85% | Add +1.1% | 4,355,805 | $2.5B |
| Dimensional Fund Advisors LP | 0.50% | Add +1.7% | 4,182,488 | $2.4B |
| Ameriprise Financial Inc. | 0.54% | Reduce -1.7% | 4,162,530 | $2.4B |
| Berkshire Hathaway | 0.83% | No change | 3,986,648 | $2.3B |
| UBS Group AG | 0.44% | Reduce -3.5% | 3,927,382 | $2.2B |
| Canada Pension Plan Investment Board | 1.41% | Reduce -4.7% | 3,696,302 | $2.1B |
| Capital World Investors | 0.26% | Reduce -30.6% | 3,344,879 | $1.9B |
| Deutsche Bank AG | 0.62% | Add +8.1% | 3,336,603 | $1.9B |
| Amundi | 0.55% | Reduce -5.4% | 3,180,899 | $1.8B |
| Brown Advisory Inc. | 2.52% | Reduce -4.4% | 3,161,082 | $1.8B |
| Arrowstreet Capital, Limited Partnership | 1.04% | Add +30.8% | 3,111,652 | $1.8B |
| Akre Capital Management | 18.81% | Reduce -4.8% | 3,005,280 | $1.7B |
| Barclays PLC | 0.64% | Reduce -22.1% | 2,808,706 | $1.6B |
| Wells Fargo & Company | 0.31% | Reduce -0.2% | 2,772,698 | $1.6B |
| Temasek Holdings (Private) Ltd | 5.10% | Add +0.3% | 2,769,218 | $1.6B |
| T. Rowe Price Investment Management, Inc. | 0.91% | Add +31.6% | 2,524,059 | $1.4B |
| Nordea Investment Management AB | 1.17% | Add +1.1% | 2,378,194 | $1.4B |
| Principal Financial Group Inc. | 0.69% | Reduce -6.1% | 2,378,452 | $1.4B |
| Swiss National Bank | 0.79% | Reduce -5.4% | 2,335,860 | $1.3B |
| Alliancebernstein L.P. | 0.41% | Reduce -17.0% | 2,290,904 | $1.3B |
| Swedbank AB | 1.24% | Add +9.7% | 2,250,933 | $1.3B |
| Sumitomo Mitsui Trust Group, Inc. | 0.72% | Reduce -3.3% | 2,159,014 | $1.2B |
| Polen Capital Management LLC | 5.20% | Reduce -22.2% | 2,131,727 | $1.2B |
| Bank of Montreal | 0.49% | Add +17.8% | 2,076,681 | $1.2B |
| Schroder Investment Management Group | 0.89% | Add +4.4% | 2,057,164 | $1.2B |
| Soroban Capital Partners LP | 7.86% | Add +72.0% | 1,889,087 | $1.1B |
| California Public Employees Retirement System | 0.60% | Reduce -1.6% | 1,835,410 | $1.0B |
| Russell Investments Group, Ltd. | 1.14% | Reduce -5.1% | 1,830,673 | $1.0B |
| Parnassus Investments, LLC | 2.68% | Reduce -14.8% | 1,809,280 | $1.0B |
| Envestnet Asset Management Inc. | 0.30% | Reduce -12.0% | 1,788,070 | $1.0B |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.67% | Add +5.0% | 1,761,224 | $991.8M |
| PineStone Asset Management Inc. | 6.02% | Add +7.0% | 1,697,191 | $968.9M |
| Fiera Capital Corp | 3.06% | Reduce -2.8% | 1,690,498 | $965.1M |
| National Pension Service | 0.71% | Add +6.8% | 1,682,172 | $960.3M |
| Pictet Asset Management Holding SA | 0.89% | Add +6.3% | 1,608,437 | $918.4M |
| HSBC Holdings PLC | 0.52% | Reduce -0.7% | 1,597,748 | $913.0M |
| FIL Ltd | 0.68% | Add +60.7% | 1,594,175 | $910.1M |
| Gardner Russo & Quinn | 9.77% | Reduce -2.1% | 1,585,999 | $905.4M |
| Neuberger Berman Group LLC | 0.67% | Reduce -3.7% | 1,565,050 | $893.7M |
| Sanders Capital, LLC | 1.02% | Add +9.4% | 1,548,588 | $884.1M |
| Rhumbline Advisers | 0.71% | Reduce -3.3% | 1,548,382 | $883.9M |
| Raymond James Financial Inc. | 0.27% | Reduce -2.5% | 1,536,283 | $877.3M |
| Allianz Asset Management GmbH | 1.00% | Add +42.7% | 1,530,758 | $873.9M |
| Ensign Peak Advisors, Inc | 1.53% | Reduce -1.8% | 1,521,463 | $868.6M |
| Victory Capital Management Inc. | 0.49% | Reduce -20.7% | 1,498,716 | $855.6M |
| Valley Forge Capital Management | 19.25% | Add +0.2% | 1,487,409 | $849.1M |
| Baillie Gifford & Co. | 0.69% | Reduce -6.1% | 1,464,206 | $835.9M |
| Rothschild & Co Wealth Management UK Ltd | 12.41% | Add +0.3% | 1,382,548 | $789.3M |
| Caisse de depot et placement du Quebec | 1.33% | Add +5.2% | 1,372,595 | $783.6M |
| California State Teachers Retirement System | 0.76% | Reduce -2.0% | 1,323,057 | $755.3M |
| ING Groep NV | 4.42% | Reduce -4.2% | 1,284,699 | $733.4M |
| Bank Julius Baer & Co. Ltd, Zurich | 2.00% | Add +0.7% | 1,270,542 | $726.6M |
| DNB Asset Management AS | 2.51% | Add +41.4% | 1,261,054 | $719.9M |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 6.52% | Reduce -0.2% | 1,382,955 | $719.7M |
| Winslow Capital Management, LLC | 2.38% | Add +1.6% | 1,239,121 | $708.7M |
| Ninety One UK Ltd | 1.51% | Add +2.1% | 1,236,730 | $706.0M |
| Two Sigma Advisers, LP | 1.36% | Add +11.4% | 1,227,980 | $701.0M |
| Sei Investments Co. | 0.67% | Add +14.2% | 1,184,447 | $676.2M |
| Fayez Sarofim & Co | 1.62% | Add +2.0% | 1,183,243 | $675.5M |
| DekaBank Deutsche Girozentrale | 1.14% | No change | 1,322,367 | $662.1M |
| Voya Investment Management LLC | 0.74% | Add +7.5% | 1,142,441 | $652.2M |
| APG Asset Management N.V. | 1.82% | Add +33.5% | 1,317,569 | $640.4M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 1.03% | Add +0.7% | 1,086,260 | $620.2M |
| William Blair Investment Management, LLC | 1.73% | Reduce -1.9% | 1,084,947 | $619.4M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 0.71% | Add +45.9% | 1,082,935 | $618.4M |
| BNP Paribas Financial Markets | 0.38% | Add +34.1% | 1,045,242 | $596.7M |
| Vontobel Holding Ltd. | 1.94% | Reduce -23.0% | 1,029,570 | $587.8M |
| LPL Financial LLC | 0.16% | Add +7.0% | 1,026,091 | $585.8M |
| Robeco Institutional Asset Management B.V. | 0.83% | Add +0.1% | 1,025,209 | $585.3M |
| Credit Agricole S A | 1.58% | Add +2.7% | 1,003,139 | $572.7M |
| Mirova US LLC | 5.71% | Reduce -3.1% | 996,782 | $569.0M |
| Brown Brothers Harriman & Co. | 3.08% | Reduce -3.3% | 990,199 | $565.3M |
"% of holder's portfolio" is MA's weight in each manager's 13F, not the share of Mastercard Inc. Class A the manager owns.