Mastercard Incorporated
BG ˙ BUL ˙ US57636Q1040
SecurityBG:M4I / Mastercard Incorporated
InstitutionBfsg, Llc
Latest Disclosed Ownership12,069 shares
Latest Disclosed Value $ 6,030,258
Bfsg, Llc reports 3.97% increase in ownership of M4I / Mastercard Incorporated

On April 28, 2026 - Bfsg, Llc filed a 13F-HR form disclosing ownership of 12,069 shares of Mastercard Incorporated (BG:M4I) valued at $6,030,258 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 22, 2026 disclosing 11,608 shares of Mastercard Incorporated. This represents a change in shares of 3.97% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-28 2026-03-31 13F MASTERCARD CL A 57636Q104 12,069 461 3.97 6,030 -8.99 0.5709
2026-01-22 2025-12-31 13F MASTERCARD CL A 57636Q104 11,608 95 0.83 6,627 1.19 0.6433
2025-10-29 2025-09-30 13F MASTERCARD CL A 57636Q104 11,513 475 4.30 6,549 5.58 0.6336
2025-07-15 2025-06-30 13F MASTERCARD CL A 57636Q104 11,038 71 0.65 6,203 3.18 0.6939
2025-04-18 2025-03-31 13F MASTERCARD CL A 57636Q104 10,967 -173 -1.55 6,011 2.47 0.7315
2025-01-31 2024-12-31 13F MASTERCARD CL A 57636Q104 11,140 69 0.62 5,866 7.32 0.6859
2024-10-16 2024-09-30 13F MASTERCARD CL A 57636Q104 11,071 -2,429 -17.99 5,467 -8.21 0.6353
2024-07-29 2024-06-30 13F MASTERCARD CL A 57636Q104 13,500 3 0.02 5,956 -8.37 0.7546
2024-04-23 2024-03-31 13F MASTERCARD CL A 57636Q104 13,497 2,200 19.47 6,500 34.89 0.8582
2024-04-23 2023-12-31 13F/A-1 MASTERCARD CL A 57636Q104 11,297 67 0.60 4,818 120,350.00 0.7010
2024-02-02 2023-12-31 13F MASTERCARD CL A 57636Q104 11,297 67 4,818 0.7010
2023-10-20 2023-09-30 13F MASTERCARD CL A 57636Q104 11,230 346 3.18 4 0.00 0.7216
2023-08-07 2023-06-30 13F MASTERCARD CL A 57636Q104 10,884 -2,266 -17.23 4 0.00 0.7276
2023-05-10 2023-03-31 13F MASTERCARD CL A 57636Q104 13,150 2,025 18.20 5 33.33 0.8821
2023-02-02 2022-12-31 13F MASTERCARD CL A 57636Q104 11,125 171 1.56 4 -99.90 0.7745
2022-11-07 2022-09-30 13F MASTERCARD CL A 57636Q104 10,954 209 1.95 3,115 -8.11 0.6624
2022-08-04 2022-06-30 13F MASTERCARD CL A 57636Q104 10,745 98 0.92 3,390 -10.91 0.6116
2022-05-04 2022-03-31 13F MASTERCARD CL A 57636Q104 10,647 -156 -1.44 3,805 -1.98 0.6025
2022-01-24 2021-12-31 13F MASTERCARD CL A 57636Q104 10,803 313 2.98 3,882 6.44 0.5396
2021-11-03 2021-09-30 13F MASTERCARD CL A 57636Q104 10,490 350 3.45 3,647 -1.49 0.5567
2021-07-29 2021-06-30 13F MASTERCARD CL A 57636Q104 10,140 146 1.46 3,702 4.05 0.6648
2021-04-26 2021-03-31 13F MASTERCARD CL A 57636Q104 9,994 -2,165 -17.81 3,558 -18.02 0.5768
2021-01-26 2020-12-31 13F MASTERCARD CL A 57636Q104 12,159 -157 -1.27 4,340 4.20 0.7200
2020-11-04 2020-09-30 13F MASTERCARD CL A 57636Q104 12,316 1,979 19.14 4,165 36.24 0.7758
2020-07-22 2020-06-30 13F MASTERCARD CL A 57636Q104 10,337 -155 -1.48 3,057 20.64 0.6589
2020-04-27 2020-03-31 13F MASTERCARD CL A 57636Q104 10,492 -1,879 -15.19 2,534 -31.40 0.6505
2020-01-29 2019-12-31 13F MASTERCARD CL A 57636Q104 12,371 31 0.25 3,694 10.24 0.6969
2019-10-25 2019-09-30 13F MASTERCARD CL A 57636Q104 12,340 77 0.63 3,351 3.30 0.7427
2019-07-30 2019-06-30 13F MASTERCARD CL A 57636Q104 12,263 -69 -0.56 3,244 11.71 1.2654
2019-04-18 2019-03-31 13F MASTERCARD CL A 57636Q104 12,332 2,557 26.16 2,904 57.48 1.0875
2019-01-24 2018-12-31 13F MASTERCARD CL A 57636Q104 9,775 -2,481 -20.24 1,844 -32.40 0.8375
2018-10-18 2018-09-30 13F MASTERCARD CL A 57636Q104 12,256 -3,938 -24.32 2,728 -14.27 1.1503
2018-07-31 2018-06-30 13F MASTERCARD CL A 57636Q104 16,194 240 1.50 3,182 13.85 1.3984
2018-05-07 2018-03-31 13F MASTERCARD COM 57636Q104 15,954 -415 -2.54 2,795 12.79 1.2403
2018-01-23 2017-12-31 13F MASTERCARD COM 57636Q104 16,369 2,094 14.67 2,478 22.92 1.0458
2017-10-12 2017-09-30 13F MASTERCARD COM 57636Q104 14,275 -365 -2.49 2,016 13.39 0.9094
2017-08-10 2017-06-30 13F MASTERCARD COM 57636Q104 14,640 -356 -2.37 1,778 5.39 0.8738
2017-05-16 2017-03-31 13F Mastercard Inc Cl A COM 57636Q104 14,996 14,996 1,687 0.8478
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.