MASTERCARD INCORPORATED MA
CL A · Common Stock · CUSIP 57636Q104 · ISIN US57636Q1040
American multinational financial services corporation
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersPurchase, NY
- Founded1966
- Websitemastercard.com
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($2.6bn this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $513.24. Options: 54 managers hold calls ($3.7bn notional), 68 hold puts ($3.3bn).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 2,557 |
| Q4 2022 | 2,713 |
| Q1 2023 | 2,737 |
| Q2 2023 | 2,787 |
| Q3 2023 | 2,823 |
| Q4 2023 | 3,039 |
| Q1 2024 | 3,118 |
| Q2 2024 | 3,121 |
| Q3 2024 | 3,146 |
| Q4 2024 | 3,447 |
| Q1 2025 | 3,490 |
| Q2 2025 | 3,535 |
| Q3 2025 | 3,510 |
| Q4 2025 | 3,734 |
| Q1 2026 | 3,626 |
| Q2 2026 | 3,611 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 1,397 | 1,352 |
| Q4 2024 | 1,464 | 1,294 |
| Q1 2025 | 1,502 | 1,513 |
| Q2 2025 | 1,613 | 1,474 |
| Q3 2025 | 1,598 | 1,455 |
| Q4 2025 | 1,524 | 1,566 |
| Q1 2026 | 1,519 | 1,816 |
| Q2 2026 | 1,541 | 1,718 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $3.4bn | $4.5bn | 1.32 |
| Q4 2025 | $2.9bn | $3.9bn | 1.36 |
| Q1 2026 | $2.8bn | $3.3bn | 1.17 |
| Q2 2026 | $3.7bn | $3.3bn | 0.88 |
Biggest buyers
| PERSHING SQUARE INC. | New | +2.1m |
| EAGLE CAPITAL MANAGEMENT LLC | Added | +2.1m |
| Assenagon Asset Management S.A. | Added | +1.5m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +1.4m |
| T. Rowe Price Investment Management, Inc. | Added | +1.4m |
| Fundsmith LLP | New | +1.2m |
| Grantham, Mayo, Van Otterloo & Co. LLC | Added | +868.0k |
| D. E. Shaw & Co., Inc. | Added | +851.1k |
| DNB Asset Management AS | Added | +827.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +570.4k |
Biggest sellers
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORP | Reduced | -4.9m |
| JPMORGAN CHASE & CO | Reduced | -4.4m |
| Capital Research Global Investors | Reduced | -2.3m |
| Nuveen, LLC | Reduced | -1.2m |
| CANADA PENSION PLAN INVESTMENT BOARD | Reduced | -1.1m |
| Holocene Advisors, LP | Reduced | -764.2k |
| AMERICAN CENTURY COMPANIES INC | Reduced | -647.8k |
| BlackRock, Inc. | Reduced | -618.4k |
| BARCLAYS PLC | Reduced | -588.5k |
| Capital World Investors | Reduced | -579.7k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $866.6m1.7m shares |
| GOLDMAN SACHS GROUP INC | Added | $545.7m1.1m shares |
| JANE STREET GROUP, LLC | Added | $427.7m832.8k shares |
| UBS Group AG | Added | $423.1m823.9k shares |
| CITADEL ADVISORS LLC | Reduced | $316.1m615.5k shares |
| IMC-Chicago, LLC | Reduced | $217.8m424.0k shares |
| Optiver Holding B.V. | Reduced | $192.6m375.0k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $80.9m157.6k shares |
| CTC LLC | New | $76.6m1.5k shares |
| TORONTO DOMINION BANK | New | $56.5m110.0k shares |
Biggest puts
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $756.7m1.5m shares |
| JANE STREET GROUP, LLC | Added | $372.9m726.1k shares |
| CITADEL ADVISORS LLC | Reduced | $310.7m605.0k shares |
| IMC-Chicago, LLC | Added | $248.4m483.7k shares |
| Optiver Holding B.V. | Reduced | $228.7m445.3k shares |
| MILLENNIUM MANAGEMENT LLC | Reduced | $227.4m442.8k shares |
| GOLDMAN SACHS GROUP INC | Reduced | $163.8m319.0k shares |
| BARCLAYS PLC | Added | $159.2m309.9k shares |
| CTC LLC | New | $104.2m2.0k shares |
| UBS Group AG | Reduced | $75.7m147.3k shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
| Mastercard Foundation Asset Management Corp 13G · passive investor -0.9 pts · filed 2026-04-16 | 7.4% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-30 | 6.8% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-27; now reported by VANGUARD CAPITAL MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 1 | $2.4m | $2.4m |
| Q1 2025 | 0 | — | 3 | $58.9m | $58.9m |
| Q2 2025 | 0 | — | 5 | $22.2m | $22.2m |
| Q3 2025 | 0 | — | 3 | $27.4m | $27.4m |
| Q4 2025 | 0 | — | 0 | — | — |
| Q1 2026 | 0 | — | 1 | $4.5m | $4.5m |
| Q2 2026 | 0 | — | 0 | — | — |
| Q3 2026 | 0 | — | 6 | $62.1m | $62.1m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-02 | SACHIN J. MEHRA Chief Business Officer | Sold plan | $1.9m3.3k shares |
| 2026-08-31 | Kirkpatrick Linda Pistecchia Chief Services Officer | Sold plan | $547.8k923 shares |
| 2026-08-20 | SACHIN J. MEHRA Chief Business Officer | Sold plan | $572.1k1.0k shares |
| 2026-08-19 | SACHIN J. MEHRA Chief Business Officer | Sold plan | $4.3m7.4k shares |
| 2026-08-17 | Kirkpatrick Linda Pistecchia Chief Services Officer | Sold plan | $673.2k1.2k shares |
| 2026-08-05 | Miebach Michael President & CEO, director | Sold plan | $8.8m15.4k shares |
| 2026-08-05 | SACHIN J. MEHRA Chief Business Officer | Sold plan | $1.7m3.0k shares |
| 2026-08-04 | Kirkpatrick Linda Pistecchia Chief Services Officer | Sold plan | $2.4m4.3k shares |
| 2026-08-03 | Miebach Michael President & CEO, director | Sold plan | $9.6m16.6k shares |
| 2026-07-31 | Miebach Michael President & CEO, director | Sold plan | $9.4m16.6k shares |
| 2026-07-15 | McLaughlin Edward Grunde President & CTO, MA Tech | Sold plan | $10.6m19.8k shares |
| 2026-07-15 | Arkell Sandra A Controller | Sold plan | $77.8k144 shares |
| 2026-07-14 | Arkell Sandra A Controller | Sold plan | $108.0k200 shares |
| 2026-07-07 | Arkell Sandra A Controller | Sold plan | $108.0k200 shares |
| 2026-07-06 | Arkell Sandra A Controller | Sold plan | $108.0k200 shares |
| 2026-07-02 | Seshadri Raj Chief Commercial Pmts Officer | Sold plan | $1.0m2.0k shares |
| 2026-07-01 | McLaughlin Edward Grunde President & CTO, MA Tech | Sold plan | $7.5m14.3k shares |
| 2026-07-01 | Seshadri Raj Chief Commercial Pmts Officer | Sold plan | $2.5m4.8k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.51% of their portfolio | 66.4m $34.1bn | Reduced -618.4k |
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORP 96.70% of their portfolio | 60.3m $31.0bn | Reduced -4.9m |
| VANGUARD CAPITAL MANAGEMENT LLC 0.57% of their portfolio | 52.1m $26.8bn | Reduced -215.4k |
| STATE STREET CORP 0.56% of their portfolio | 37.0m $19.0bn | Added +486.3k |
| JPMORGAN CHASE & CO 0.84% of their portfolio | 28.2m $14.4bn | Reduced -4.4m |
| FMR LLC 0.53% of their portfolio | 23.8m $12.2bn | Reduced -420.4k |
| GEODE CAPITAL MANAGEMENT, LLC 0.59% of their portfolio | 21.5m $11.0bn | Added +440.6k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.44% of their portfolio | 19.2m $9.8bn | Reduced -270.9k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.95% of their portfolio | 18.5m $9.5bn | Reduced -47.7k |
| MORGAN STANLEY 0.41% of their portfolio | 15.0m $7.7bn | Reduced -161.1k |
| WELLINGTON MANAGEMENT GROUP LLP 1.12% of their portfolio | 12.7m $6.5bn | Reduced -302.8k |
| NORGES BANK 0.60% of their portfolio | 11.8m $6.0bn | Not comparable |
| Capital Research Global Investors 0.83% of their portfolio | 11.6m $6.0bn | Reduced -2.3m |
| Capital International Investors 1.17% of their portfolio | 11.0m $5.6bn | Added +292.6k |
| NORTHERN TRUST CORP 0.51% of their portfolio | 8.5m $4.4bn | Reduced -180.3k |
| GOLDMAN SACHS GROUP INC 0.41% of their portfolio | 7.6m $3.9bn | Reduced -7.5k |
| Nuveen, LLC 0.86% of their portfolio | 7.0m $3.6bn | Reduced -1.2m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.65% of their portfolio | 7.0m $3.6bn | Reduced -106.7k |
| Bank of New York Mellon Corp 0.59% of their portfolio | 7.0m $3.6bn | Reduced -441.3k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.44% of their portfolio | 6.4m $3.3bn | Added +405.7k |
| Invesco Ltd. 0.24% of their portfolio | 5.8m $3.0bn | Added +499.3k |
| Legal & General Group Plc 0.60% of their portfolio | 5.6m $2.9bn | Reduced -258.2k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.90% of their portfolio | 5.4m $2.8bn | Reduced -145.9k |
| FRANKLIN RESOURCES INC 0.58% of their portfolio | 5.2m $2.7bn | Reduced -261.5k |
| AMERIPRISE FINANCIAL INC 0.52% of their portfolio | 5.0m $2.6bn | Added +513.9k |
| JENNISON ASSOCIATES LLC 1.54% of their portfolio | 5.0m $2.6bn | Reduced -128.0k |
| BANK OF AMERICA CORP /DE/ 0.16% of their portfolio | 4.8m $2.5bn | Reduced -262.1k |
| AMERICAN CENTURY COMPANIES INC 1.07% of their portfolio | 4.7m $2.4bn | Reduced -647.8k |
| VANGUARD FIDUCIARY TRUST CO 0.52% of their portfolio | 4.6m $2.4bn | Reduced -59.6k |
| ROYAL BANK OF CANADA 0.40% of their portfolio | 4.5m $2.3bn | Reduced -366.8k |
| WELLS FARGO & COMPANY/MN 0.39% of their portfolio | 4.4m $2.2bn | Added +377.3k |
| Fisher Asset Management, LLC 0.67% of their portfolio | 4.4m $2.2bn | Reduced -50.6k |
| DIMENSIONAL FUND ADVISORS LP 0.40% of their portfolio | 4.3m $2.2bn | Added +40.2k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.97% of their portfolio | 4.2m $2.2bn | Added +570.4k |
| Jupiter Topco LLC 0.83% of their portfolio | 4.0m $2.0bn | First filing |
| UBS Group AG 0.30% of their portfolio | 3.7m $1.9bn | Added +88.1k |
| DEUTSCHE BANK AG\ 0.55% of their portfolio | 3.7m $1.9bn | Added +552.0k |
| Amundi 0.45% of their portfolio | 3.6m $1.9bn | Added +199.4k |
| BROWN ADVISORY INC 2.74% of their portfolio | 3.4m $1.8bn | Reduced -47.5k |
| T. Rowe Price Investment Management, Inc. 1.16% of their portfolio | 3.4m $1.8bn | Added +1.4m |
| Capital World Investors 0.20% of their portfolio | 3.4m $1.7bn | Reduced -579.7k |
| Temasek Holdings (Private) Ltd 4.58% of their portfolio | 3.3m $1.7bn | Added +34.9k |
| CANADA PENSION PLAN INVESTMENT BOARD 0.78% of their portfolio | 2.8m $1.4bn | Reduced -1.1m |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 1.11% of their portfolio | 2.7m $1.4bn | Added +1.4m |
| EAGLE CAPITAL MANAGEMENT LLC 4.21% of their portfolio | 2.7m $1.4bn | Added +2.1m |
| Soroban Capital Partners LP 9.12% of their portfolio | 2.5m $1.3bn | Added +48.0k |
| PRINCIPAL FINANCIAL GROUP INC 0.59% of their portfolio | 2.4m $1.2bn | Reduced -81.0k |
| Sanders Capital, LLC 1.20% of their portfolio | 2.3m $1.2bn | Reduced -30.1k |
| Swiss National Bank 0.62% of their portfolio | 2.3m $1.2bn | Reduced -175.4k |
| PERSHING SQUARE INC. 5.61% of their portfolio | 2.1m $1.1bn | New |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.77% of their portfolio | 2.1m $1.1bn | Added +93.6k |
| BANK OF MONTREAL /CAN/ 0.40% of their portfolio | 2.1m $1.1bn | Added +207.7k |
| Sumitomo Mitsui Trust Group, Inc. 0.61% of their portfolio | 2.1m $1.1bn | Reduced -9.7k |
| NORDEA INVESTMENT MANAGEMENT AB 0.86% of their portfolio | 2.1m $1.1bn | Reduced -205.9k |
| BARCLAYS PLC 0.32% of their portfolio | 2.0m $1.0bn | Reduced -588.5k |
| AKRE CAPITAL MANAGEMENT LLC 20.01% of their portfolio | 2.0m $1.0bn | Reduced -291.2k |
| D. E. Shaw & Co., Inc. 0.63% of their portfolio | 2.0m $1.0bn | Added +851.1k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.57% of their portfolio | 2.0m $1.0bn | Added +105.2k |
| Russell Investments Group, Ltd. 0.89% of their portfolio | 2.0m $1.0bn | Added +36.6k |
| ALLIANCEBERNSTEIN L.P. 0.32% of their portfolio | 1.9m $974.3m | Reduced -337.1k |
| California Public Employees Retirement System 0.56% of their portfolio | 1.9m $1.0bn | Added +215.8k |
| DNB Asset Management AS 2.77% of their portfolio | 1.9m $987.9m | Added +827.5k |
| TWO SIGMA INVESTMENTS, LP 0.71% of their portfolio | 1.8m $945.6m | Added +166.0k |
| ENVESTNET ASSET MANAGEMENT INC 0.22% of their portfolio | 1.8m $942.0m | Reduced -99.3k |
| PineStone Asset Management Inc. 5.81% of their portfolio | 1.8m $940.9m | Added +21.6k |
| Grantham, Mayo, Van Otterloo & Co. LLC 2.10% of their portfolio | 1.8m $934.1m | Added +868.0k |
| Vanguard Global Advisers, LLC 0.42% of their portfolio | 1.7m $894.0m | Reduced -40.4k |
| National Pension Service 0.57% of their portfolio | 1.7m $887.0m | Added +5.6k |
| BAILLIE GIFFORD & CO 0.80% of their portfolio | 1.7m $886.9m | Added +360.7k |
| Assenagon Asset Management S.A. 0.57% of their portfolio | 1.7m $883.4m | Added +1.5m |
| Fiera Capital Corp 3.17% of their portfolio | 1.7m $874.8m | Reduced -166.0k |
| Ensign Peak Advisors, Inc 1.43% of their portfolio | 1.7m $870.6m | Added +43.1k |
| HSBC HOLDINGS PLC 0.41% of their portfolio | 1.7m $850.0m | Added +82.8k |
| Swedbank AB 0.71% of their portfolio | 1.6m $818.5m | Reduced -165.9k |
| PARNASSUS INVESTMENTS, LLC 2.17% of their portfolio | 1.6m $811.6m | Reduced -114.7k |
| VANGUARD ASSET MANAGEMENT, Ltd 0.55% of their portfolio | 1.6m $808.4m | Added +168.3k |
| FIL Ltd 0.56% of their portfolio | 1.5m $783.0m | Added +23.1k |
| GARDNER RUSSO & QUINN LLC 8.76% of their portfolio | 1.5m $781.9m | Reduced -32.7k |
| RHUMBLINE ADVISERS 0.58% of their portfolio | 1.5m $772.6m | Reduced -21.2k |
| CITADEL ADVISORS LLC 0.43% of their portfolio | 1.5m $753.8m | Added +342.1k |
| RAYMOND JAMES FINANCIAL INC 0.20% of their portfolio | 1.5m $744.8m | Reduced -33.1k |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA 6.88% of their portfolio | 1.4m $708.6m | Added +541 |
| Rothschild & Co Wealth Management UK Ltd 10.00% of their portfolio | 1.3m $693.0m | Reduced -3.3k |
| Allianz Asset Management GmbH 0.69% of their portfolio | 1.3m $673.6m | Reduced -30.8k |
| DekaBank Deutsche Girozentrale 1.11% of their portfolio | 1.3m $658.3m | Unchanged |
| NEUBERGER BERMAN GROUP LLC 0.45% of their portfolio | 1.3m $675.1m | Reduced -153.0k |
| CIBC Bancorp USA Inc. 0.81% of their portfolio | 1.3m $654.7m | Added +14.6k |
| Caisse de depot et placement du Quebec 0.93% of their portfolio | 1.3m $651.7m | Reduced -179.2k |
| APG Asset Management N.V. 1.38% of their portfolio | 1.3m $563.7m | Reduced -161.3k |
| Fundsmith LLP 4.69% of their portfolio | 1.2m $639.5m | New |
| Pictet Asset Management Holding SA 0.61% of their portfolio | 1.2m $638.7m | Reduced -298.9k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.59% of their portfolio | 1.2m $637.5m | Reduced -45.5k |
| Fayez Sarofim & Co 1.45% of their portfolio | 1.2m $617.4m | Reduced -2.5k |
| VICTORY CAPITAL MANAGEMENT INC 0.34% of their portfolio | 1.2m $604.6m | Reduced -59.4k |
| POLEN CAPITAL MANAGEMENT LLC 5.05% of their portfolio | 1.1m $586.5m | Reduced -399.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.30% of their portfolio | 1.1m $567.1m | Reduced -91.1k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.56% of their portfolio | 1.1m $563.7m | Added +66.9k |
| FIRST TRUST ADVISORS LP 0.33% of their portfolio | 1.1m $563.4m | Added +104.2k |
| ING GROEP NV 2.70% of their portfolio | 1.1m $552.0m | Added +134.7k |
| LPL Financial LLC 0.12% of their portfolio | 1.1m $548.7m | Added +5.1k |