DaveManuel.com · Institutional Ownership · Who Owns It
MASTERCARD INCORPORATED (MA)
Institutional ownership reported to the SEC as of Q2 2026, across 32 quarters.
3,662
Reporting holders
$403.8B
Reported value
0.9%
Calls
0.8%
Puts
+7
Holder change
Calls and puts are the parts of reported value carried in derivative lines rather than shares, and they point in opposite directions: a manager holding calls is positioned for the security, one holding puts against it - or hedging shares they already own, which is why index funds carry so many. Most sites add the two together and report one figure, which averages away the only interesting part.
Holders
| Filer | Value | Shares | Their book | Held | Change |
|---|---|---|---|---|---|
| BlackRock, Inc. | $34.1B | 66,393,565 | 0.51% | 8q | -0.9%-$317.6M |
| MASTERCARD FOUNDATION ASSET MANAGEMENT CORP | $31.0B | 60,347,774 | 96.70% | 7q | -7.5%-$2.5B |
| VANGUARD CAPITAL MANAGEMENT LLC | $26.8B | 52,122,015 | 0.57% | 2q | HELD |
| STATE STREET CORP | $19.0B | 36,964,305 | 0.56% | 31q | +1.3%+$249.8M |
| JPMORGAN CHASE & CO | $14.4B incl. $17.8M options CALL+PUT | 28,228,027 | 0.80% | 31q | -13.6%-$2.3B |
| FMR LLC | $12.2B | 23,843,483 | 0.53% | 31q | -1.7%-$215.9M |
| GEODE CAPITAL MANAGEMENT, LLC | $11.0B | 21,512,085 | 0.59% | 31q | +2.1%+$226.1M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $9.8B | 19,163,628 | 0.44% | 2q | -1.4%-$139.1M |
| PRICE T ROWE ASSOCIATES INC /MD/ | $9.5B | 18,527,027 | 0.95% | 31q | HELD |
| MORGAN STANLEY | $7.7B | 15,001,503 | 0.41% | 35q | -1.1%-$82.7M |
| WELLINGTON MANAGEMENT GROUP LLP | $6.5B | 12,698,735 | 1.12% | 31q | -2.3%-$155.5M |
| NORGES BANK | $6.0B | 11,753,770 | 0.60% | 32q | HELD |
| Capital Research Global Investors | $6.0B | 11,626,317 | 0.83% | 31q | -16.3%-$1.2B |
| Capital International Investors | $5.6B | 10,973,547 | 1.17% | 31q | +2.7%+$150.3M |
| GOLDMAN SACHS GROUP INC | $4.6B incl. $709.5M options CALL+PUT | 7,648,863 | 0.40% | 31q | HELD |
| NORTHERN TRUST CORP | $4.4B | 8,508,557 | 0.51% | 31q | -2.1%-$92.6M |
| Nuveen, LLC | $3.6B | 6,994,342 | 0.86% | 6q | -15.0%-$636.1M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $3.6B | 6,987,990 | 0.65% | 31q | -1.5%-$54.8M |
| Bank of New York Mellon Corp | $3.6B | 6,976,165 | 0.59% | 31q | -5.9%-$226.6M |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $3.3B | 6,408,865 | 0.44% | 31q | +6.8%+$208.4M |
| Invesco Ltd. | $3.0B | 5,785,227 | 0.24% | 31q | +9.4%+$256.4M |
| Legal & General Group Plc | $2.9B | 5,625,910 | 0.60% | 31q | -4.4%-$132.6M |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $2.8B | 5,375,808 | 0.90% | 31q | -2.6%-$76.6M |
| FRANKLIN RESOURCES INC | $2.7B | 5,212,956 | 0.58% | 31q | -4.8%-$134.3M |
| AMERIPRISE FINANCIAL INC | $2.6B | 5,038,961 | 0.52% | 31q | +11.4%+$263.9M |
| JENNISON ASSOCIATES LLC | $2.6B | 4,995,027 | 1.54% | 31q | -2.5%-$65.7M |
| BANK OF AMERICA CORP /DE/ | $2.5B | 4,827,969 | 0.16% | 31q | -5.1%-$134.6M |
| AMERICAN CENTURY COMPANIES INC | $2.4B | 4,713,938 | 1.07% | 31q | -12.1%-$332.7M |
| UBS Group AG | $2.4B incl. $498.8M options CALL+PUT | 3,730,940 | 0.31% | 31q | +2.4%+$57.1M |
| VANGUARD FIDUCIARY TRUST CO | $2.4B | 4,622,826 | 0.52% | 2q | -1.3%-$30.6M |
| ROYAL BANK OF CANADA | $2.4B incl. $24.2M options CALL+PUT | 4,544,017 | 0.35% | 31q | -7.5%-$190.3M |
| WELLS FARGO & COMPANY/MN | $2.2B | 4,358,377 | 0.36% | 31q | +9.5%+$193.8M |
| Fisher Asset Management, LLC | $2.2B | 4,357,285 | 0.67% | 31q | -1.1%-$26.0M |
| DIMENSIONAL FUND ADVISORS LP | $2.2B | 4,265,521 | 0.40% | 31q | +1.0%+$20.6M |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $2.2B | 4,236,451 | 0.97% | 31q | +15.6%+$293.0M |
| Jupiter Topco LLC | $2.0B | 3,981,858 | 0.83% | new | FIRST |
| DEUTSCHE BANK AG\ | $1.9B | 3,678,859 | 0.55% | 34q | +17.7%+$283.5M |
| Amundi | $1.9B | 3,626,416 | 0.45% | 21q | +5.8%+$102.4M |
| BROWN ADVISORY INC | $1.8B | 3,442,644 | 2.74% | 31q | -1.4%-$24.4M |
| T. Rowe Price Investment Management, Inc. | $1.8B | 3,439,240 | 1.16% | 16q | +64.9%+$695.4M |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | $1.7B incl. $1.6B options CALL+PUT | 217,638 | 0.14% | 31q | +146.1%+$1.0B |
| Capital World Investors | $1.7B | 3,363,984 | 0.20% | 31q | -14.7%-$297.7M |
| Temasek Holdings (Private) Ltd | $1.7B | 3,253,602 | 4.49% | 31q | +1.1%+$17.9M |
| CANADA PENSION PLAN INVESTMENT BOARD | $1.4B | 2,761,793 | 0.78% | 31q | -29.2%-$584.1M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $1.4B | 2,740,643 | 1.08% | 32q | +107.9%+$730.6M |
| CITADEL ADVISORS LLC | $1.4B incl. $626.8M options CALL+PUT | 1,467,770 | 0.16% | 31q | +30.4%+$321.8M |
| EAGLE CAPITAL MANAGEMENT LLC | $1.4B | 2,682,370 | 4.21% | 2q | +329.5%+$1.1B |
| Soroban Capital Partners LP | $1.3B | 2,512,516 | 2.70% | 14q | +1.9%+$24.7M |
| PRINCIPAL FINANCIAL GROUP INC | $1.2B | 2,356,440 | 0.59% | 31q | -3.3%-$41.6M |
| Sanders Capital, LLC | $1.2B | 2,330,359 | 1.20% | 7q | -1.3%-$15.4M |
| BARCLAYS PLC | $1.2B incl. $163.2M options CALL+PUT | 1,998,942 | 0.23% | 31q | -22.7%-$350.3M |
| Swiss National Bank | $1.2B | 2,309,500 | 0.62% | 31q | -7.1%-$90.1M |
| PERSHING SQUARE INC. | $1.1B | 2,124,646 | 5.61% | new | NEW |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $1.1B | 2,121,797 | 0.77% | 31q | +4.6%+$48.1M |
| BANK OF MONTREAL /CAN/ | $1.1B | 2,117,873 | 0.36% | 31q | +10.9%+$106.7M |
| D. E. Shaw & Co., Inc. | $1.1B incl. $65.7M options CALL+PUT | 1,987,325 | 0.52% | 31q | +74.9%+$465.3M |
| Sumitomo Mitsui Trust Group, Inc. | $1.1B | 2,089,732 | 0.61% | 31q | HELD |
| NORDEA INVESTMENT MANAGEMENT AB | $1.1B | 2,064,271 | 0.86% | 31q | -9.1%-$105.2M |
| JANE STREET GROUP, LLC | $1.0B incl. $800.7M options CALL+PUT | 431,525 | 0.08% | 31q | +1778.1%+$967.8M |
| AKRE CAPITAL MANAGEMENT LLC | $1.0B | 1,989,906 | 19.95% | 31q | -12.8%-$149.6M |
| Mitsubishi UFJ Asset Management Co., Ltd. | $1.0B | 1,984,858 | 0.57% | 31q | +5.6%+$54.0M |
| Russell Investments Group, Ltd. | $1.0B | 1,977,565 | 0.89% | 31q | +1.9%+$18.8M |
| California Public Employees Retirement System | $1.0B | 1,947,201 | 0.56% | 31q | +12.5%+$110.8M |
| DNB Asset Management AS | $987.9M | 1,923,485 | 2.77% | 31q | +75.5%+$425.0M |
| ALLIANCEBERNSTEIN L.P. | $974.3M | 1,949,875 | 0.32% | 31q | -14.7%-$168.4M |
| TWO SIGMA INVESTMENTS, LP | $947.7M incl. $2.1M options CALL+PUT | 1,841,139 | 0.69% | 17q | +9.9%+$85.5M |
| ENVESTNET ASSET MANAGEMENT INC | $942.0M | 1,834,080 | 0.22% | 31q | -5.1%-$51.0M |
| PineStone Asset Management Inc. | $940.9M | 1,832,012 | 5.81% | 15q | +1.2%+$11.1M |
| Grantham, Mayo, Van Otterloo & Co. LLC | $934.1M | 1,818,743 | 2.10% | 8q | +91.3%+$445.8M |
| Vanguard Global Advisers, LLC | $894.0M | 1,740,710 | 0.42% | 2q | -2.3%-$20.8M |
| National Pension Service | $887.0M | 1,727,014 | 0.57% | 31q | HELD |
| BAILLIE GIFFORD & CO | $886.9M | 1,726,830 | 0.80% | 31q | +26.4%+$185.3M |
| Assenagon Asset Management S.A. | $883.4M | 1,720,022 | 0.55% | 25q | +691.6%+$771.8M |
| Fiera Capital Corp | $874.8M | 1,703,303 | 3.17% | 31q | -8.9%-$85.2M |
| Ensign Peak Advisors, Inc | $870.6M | 1,695,036 | 1.43% | 27q | +2.6%+$22.1M |
| HSBC HOLDINGS PLC | $850.0M | 1,656,528 | 0.35% | 31q | +5.3%+$42.5M |
| Swedbank AB | $818.5M | 1,593,645 | 0.71% | 21q | -9.4%-$85.2M |
| PARNASSUS INVESTMENTS, LLC | $811.6M | 1,580,278 | 2.17% | 31q | -6.8%-$58.9M |
| VANGUARD ASSET MANAGEMENT, Ltd | $808.4M | 1,574,020 | 0.55% | 2q | +12.0%+$86.4M |
| FIL Ltd | $783.0M | 1,524,524 | 0.56% | 31q | +1.5%+$11.9M |
| GARDNER RUSSO & QUINN LLC | $781.9M | 1,522,395 | 8.76% | 31q | -2.1%-$16.8M |
| RHUMBLINE ADVISERS | $772.6M | 1,504,261 | 0.58% | 31q | -1.4%-$10.9M |
| RAYMOND JAMES FINANCIAL INC | $744.8M | 1,450,084 | 0.20% | 7q | -2.2%-$17.0M |
| LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | $708.6M | 1,379,579 | 6.88% | 31q | HELD |
| MILLENNIUM MANAGEMENT LLC | $707.0M incl. $308.4M options CALL+PUT | 776,247 | 0.26% | 31q | -5.0%-$37.2M |
| Allianz Asset Management GmbH | $703.2M incl. $98.9M options CALL+PUT | 1,176,597 | 0.57% | 40q | -14.6%-$120.1M |
| Rothschild & Co Wealth Management UK Ltd | $693.0M | 1,349,278 | 10.00% | 31q | HELD |
| NEUBERGER BERMAN GROUP LLC | $675.1M | 1,314,796 | 0.45% | 31q | -10.4%-$78.5M |
| DekaBank Deutsche Girozentrale | $658.3M | 1,322,367 | 1.11% | 31q | HELD |
| CIBC Bancorp USA Inc. | $654.7M | 1,274,020 | 0.80% | 3q | +1.2%+$7.5M |
| Caisse de depot et placement du Quebec | $651.7M | 1,268,801 | 0.93% | 31q | -12.4%-$92.0M |
| Fundsmith LLP | $639.5M | 1,245,051 | 4.69% | new | NEW |
| Pictet Asset Management Holding SA | $638.7M | 1,243,705 | 0.61% | 12q | -19.4%-$153.5M |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | $637.5M | 1,241,173 | 0.59% | 31q | -3.5%-$23.4M |
| BNP PARIBAS FINANCIAL MARKETS | $624.0M incl. $56.9M options CALL+PUT | 1,104,218 | 0.22% | 31q | -7.6%-$51.5M |
| Fayez Sarofim & Co | $617.4M | 1,202,173 | 1.45% | 31q | HELD |
| VICTORY CAPITAL MANAGEMENT INC | $604.6M | 1,177,116 | 0.34% | 31q | -4.8%-$30.5M |
| POLEN CAPITAL MANAGEMENT LLC | $586.5M | 1,141,958 | 5.05% | 31q | -25.9%-$205.1M |
| APG Asset Management N.V. | $563.7M | 1,254,871 | 1.38% | 31q | -11.4%-$72.4M |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $563.7M | 1,097,542 | 0.56% | 31q | +6.5%+$34.4M |
Showing the largest 100 of 3,664 reported holders. The count of 3,662 above leaves out 2 positions whose reported value failed our price check; they are listed here as filed.
Q2 2026 in brief
In Q2 2026, 3,662 managers that file Form 13F reported holding Mastercard Incorporated (MA), $403.8B in all. 211 managers opened a position and 204 sold out completely, against 3,655 holders the quarter before. Largest holders: Blackrock, Inc., Mastercard Foundation Asset Management Corp and Vanguard Capital Management Llc. Largest new positions: Pershing Square Inc. ($1.1B), Fundsmith Llp ($639.5M) and Ctc Llc ($221.1M).
Q2 2026 is the latest quarter whose 13F deadline has passed. A 13F shows long US stock positions at quarter end, filed up to 45 days later; an adviser and a sub-adviser can both report the same shares.
What the insiders did
Open market purchases and sales reported on Form 4 in the last 180 days. Grants, option exercises and shares surrendered to cover tax are left out: they are compensation rather than a decision to buy or sell. Where a broker filled one order in tranches the lines are summed, because it was one decision.
Officers and directors
| Date | Insider | Role | Side | Shares | Value |
|---|---|---|---|---|---|
| 2026-07-15 | McLaughlin Edward Grunde | President & CTO, MA Tech | Sold | 19,800 | $10.6M ×8 |
| 2026-08-03 | Miebach Michael | President & CEO | Sold | 16,628 | $9.6M |
| 2026-07-31 | Miebach Michael | President & CEO | Sold | 16,628 | $9.4M |
| 2026-08-05 | Miebach Michael | President & CEO | Sold | 15,372 | $8.8M |
| 2026-07-01 | McLaughlin Edward Grunde | President & CTO, MA Tech | Sold | 14,260 | $7.5M |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 7,444 | $4.3M ×10 |
| 2026-10-16 | Ling Hai | Chief Financial Officer | Sold | 4,317 | $2.7M |
| 2026-07-01 | Seshadri Raj | Chief Commercial Pmts Officer | Sold | 4,828 | $2.5M |
| 2026-08-04 | Kirkpatrick Linda Pistecchia | Chief Services Officer | Sold | 4,280 | $2.4M ×8 |
| 2026-09-02 | SACHIN J. MEHRA | Chief Business Officer | Sold | 3,266 | $1.9M |
| 2026-08-05 | SACHIN J. MEHRA | Chief Business Officer | Sold | 3,000 | $1.7M ×7 |
| 2026-07-02 | Seshadri Raj | Chief Commercial Pmts Officer | Sold | 1,977 | $1.0M |
Quarter by quarter
Coverage begins with the quarter ending 2018-12-31. Earlier filings exist only as occasional late amendments, too sparse to describe a market, so they are not shown.
| Quarter | Holders | Value | Shares | New | Added | Trimmed | Options |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 1,505 | $55.0B | 99,839,211 | 84 | 528 | 489 | 0.0% |
| Q2 2026 | 3,662 | $403.8B | 773,111,810 | 175 | 1,256 | 1,452 | 1.7% |
| Q1 2026 | 3,655 | $390.2B | 769,259,652 | 131 | 1,264 | 1,466 | 1.6% |
| Q4 2025 | 3,760 | $460.2B | 794,866,037 | 131 | 1,244 | 1,286 | 1.5% |
| Q3 2025 | 3,532 | $472.0B | 815,992,634 | 129 | 1,304 | 1,144 | 1.7% |
| Q2 2025 | 3,556 | $459.0B | 803,141,225 | 177 | 1,305 | 1,216 | 1.7% |
| Q1 2025 | 3,506 | $445.1B | 801,731,527 | 161 | 1,183 | 1,263 | 1.2% |
| Q4 2024 | 3,461 | $430.0B | 806,083,557 | 158 | 1,144 | 1,078 | 1.3% |
| Q3 2024 | 3,160 | $372.3B | 741,612,501 | 139 | 1,110 | 1,097 | 1.6% |
| Q2 2024 | 3,137 | $332.7B | 741,959,898 | 120 | 1,193 | 1,000 | 1.6% |
| Q1 2024 | 3,141 | $380.5B | 776,907,385 | 170 | 1,106 | 1,110 | 1.8% |
| Q4 2023 | 3,066 | $330.1B | 756,711,519 | 142 | 963 | 1,063 | 2.2% |
| Q3 2023 | 2,838 | $291.2B | 718,151,366 | 121 | 986 | 982 | 2.3% |
| Q2 2023 | 2,807 | $289.2B | 720,910,019 | 146 | 916 | 1,036 | 2.0% |
| Q1 2023 | 2,743 | $279.6B | 755,357,397 | 124 | 897 | 1,025 | 2.3% |
| Q4 2022 | 2,725 | $262.5B | 734,568,205 | 170 | 787 | 1,086 | 2.7% |
| Q3 2022 | 2,525 | $858.4B | 3,070,130,623 | 96 | 815 | 989 | 2.5% |
| Q2 2022 | 2,591 | $1.0T | 6,557,343,296 | 117 | 867 | 1,002 | 0.5% |
| Q1 2022 | 2,622 | $1.1T | 3,237,850,929 | 127 | 969 | 936 | 0.6% |
| Q4 2021 | 2,643 | $1.1T | 4,823,138,805 | 140 | 1,017 | 765 | 1.0% |
| Q3 2021 | 2,450 | $1.1T | 3,266,951,835 | 98 | 982 | 766 | 1.0% |
| Q2 2021 | 2,490 | $990.4B | 2,899,023,089 | 122 | 948 | 812 | 0.8% |
| Q1 2021 | 2,474 | $1.0T | 2,999,416,755 | 137 | 969 | 860 | 0.8% |
| Q4 2020 | 2,453 | $930.7B | 2,850,135,258 | 139 | 907 | 782 | 1.6% |
| Q3 2020 | 2,264 | $977.3B | 3,309,288,103 | 133 | 785 | 845 | 0.8% |
| Q2 2020 | 2,237 | $862.2B | 3,320,319,778 | 186 | 918 | 746 | 0.7% |
| Q1 2020 | 2,141 | $760.2B | 3,622,162,684 | 171 | 855 | 828 | 0.7% |
| Q4 2019 | 2,151 | $817.5B | 2,998,310,260 | 111 | 634 | 789 | 0.6% |
| Q3 2019 | 1,977 | $677.0B | 2,769,638,352 | 114 | 663 | 771 | 0.6% |
| Q2 2019 | 1,925 | $670.7B | 2,747,064,506 | 124 | 649 | 735 | 0.8% |
| Q1 2019 | 1,880 | $667.1B | 2,992,166,392 | 141 | 614 | 693 | 2.7% |
| Q4 2018 | 1,791 | $545.2B | 3,035,029,674 | 19 | 21 | 29 | 2.7% |