Mastercard Incorporated
US ˙ NYSE ˙ US57636Q1040

SecurityMA / Mastercard Incorporated
InstitutionLevel Four Advisory Services, Llc
Latest Disclosed Ownership16,936 shares
Latest Disclosed Value $ 8,463,002
Level Four Advisory Services, Llc reports 0.89% increase in ownership of MA / Mastercard Incorporated

On May 14, 2026 - Level Four Advisory Services, Llc filed a 13F-HR form disclosing ownership of 16,936 shares of Mastercard Incorporated (US:MA) valued at $8,462,242 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 13, 2026 disclosing 16,786 shares of Mastercard Incorporated. This represents a change in shares of 0.89% during the quarter. The current value of the position is $7,986,171 USD.

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)
2026-05-14 2026-03-31 13F MASTERCARD CL A 57636Q104 16,936 150 0.89 8,463 -11.69 0.2778
2026-02-13 2025-12-31 13F MASTERCARD CL A 57636Q104 16,786 1,600 10.54 9,583 10.94 0.3136
2025-11-12 2025-09-30 13F MASTERCARD CL A 57636Q104 15,186 -536 -3.41 8,639 -2.23 0.2958
2025-08-13 2025-06-30 13F MASTERCARD CL A 57636Q104 15,722 -509 -3.14 8,836 -0.69 0.3256
2025-05-14 2025-03-31 13F MASTERCARD CL A 57636Q104 16,231 453 2.87 8,897 7.08 0.3659
2025-02-12 2024-12-31 13F MASTERCARD CL A 57636Q104 15,778 552 3.63 8,309 9.22 0.3396
2024-11-14 2024-09-30 13F MASTERCARD CL A 57636Q104 15,226 23 0.15 7,607 13.42 0.3202
2024-08-09 2024-06-30 13F MASTERCARD CL A 57636Q104 15,203 1,284 9.22 6,707 12.99 0.3023
2024-05-13 2024-03-31 13F MASTERCARD CL A 57636Q104 13,919 723 5.48 5,937 5.47 0.3262
2024-02-08 2023-12-31 13F MASTERCARD CL A 57636Q104 13,196 -24 -0.18 5,628 7.55 0.3157
2023-11-13 2023-09-30 13F MASTERCARD CL A 57636Q104 13,220 -6 -0.05 5,234 0.62 0.3374
2023-07-10 2023-06-30 13F MASTERCARD CL A 57636Q104 13,226 269 2.08 5,202 10.47 0.3125
2023-06-05 2023-03-31 13F MASTERCARD CL A 57636Q104 12,957 2,119 19.55 4,709 24.95 0.3089
2023-02-13 2022-12-31 13F MASTERCARD CL A 57636Q104 10,838 -1,259 -10.41 3,769 9.53 0.2798
2022-11-07 2022-09-30 13F MASTERCARD CL A 57636Q104 12,097 120 1.00 3,440 -8.95 0.3343
2022-08-08 2022-06-30 13F MASTERCARD CL A 57636Q104 11,977 80 0.67 3,778 -11.15 0.3563
2022-05-10 2022-03-31 13F MASTERCARD CL A 57636Q104 11,897 -5,933 -33.28 4,252 -33.64 0.3331
2022-02-11 2021-12-31 13F MASTERCARD CL A 57636Q104 17,830 4,338 32.15 6,407 36.58 0.4885
2021-10-12 2021-09-30 13F MASTERCARD CL A 57636Q104 13,492 -2,149 -13.74 4,691 -17.85 0.4878
2021-08-09 2021-06-30 13F MASTERCARD CL A 57636Q104 15,641 880 5.96 5,710 8.64 0.3948
2021-05-10 2021-03-31 13F MASTERCARD CL A 57636Q104 14,761 743 5.30 5,256 5.04 0.4082
2021-02-10 2020-12-31 13F MASTERCARD CL A 57636Q104 14,018 -1,751 -11.10 5,004 -6.17 0.4016
2020-11-02 2020-09-30 13F MASTERCARD CL A 57636Q104 15,769 -1,271 -7.46 5,333 5.96 0.4108
2020-08-17 2020-06-30 13F/A-1 MASTERCARD CL A 57636Q104 17,040 2,321 15.77 5,033 41.54 0.3893
2020-07-27 2020-06-30 13F MASTERCARD CL A 57636Q104 1,079 -13,640 319 800,280.9764
2020-05-13 2020-03-31 13F MASTERCARD CL A 57636Q104 14,719 -369 -2.45 3,556 -84.72 0.4265
2020-02-13 2019-12-31 13F MASTERCARD CL A 57636Q104 15,088 2,533 20.18 23,270 582.60 0.9213
2019-11-12 2019-09-30 13F MASTERCARD CL A 57636Q104 12,555 330 2.70 3,409 5.35 0.3527
2019-08-14 2019-06-30 13F MASTERCARD CL A 57636Q104 12,225 -35 -0.29 3,236 12.13 0.3267
2019-05-15 2019-03-31 13F MASTERCARD CL A 57636Q104 12,260 192 1.59 2,886 26.75 0.3179
2019-02-07 2018-12-31 13F MASTERCARD CL A 57636Q104 12,068 -2,360 -16.36 2,277 -29.11 0.2839
2018-11-14 2018-09-30 13F MASTERCARD CL A 57636Q104 14,428 -5,510 -27.64 3,212 -18.04 0.3471
2018-08-14 2018-06-30 13F MASTERCARD CL A 57636Q104 19,938 -1,137 -5.40 3,919 6.18 0.2855
2018-05-14 2018-03-31 13F MASTERCARD CL A 57636Q104 21,075 -798 -3.65 3,691 11.48 0.2862
2018-02-13 2017-12-31 13F MASTERCARD CL A 57636Q104 21,873 2,134 10.81 3,311 18.80 0.2576
2018-04-03 2017-09-30 13F/A-1 MASTERCARD CL A 57636Q104 19,739 8,859 81.42 2,787 128.63 0.2471
2017-11-15 2017-09-30 13F MASTERCARD CL A 57636Q104 19,654 8,774 2,810
2017-09-20 2017-06-30 13F/A-1 MASTERCARD CL A 57636Q104 10,880 -7,771 -41.67 1,219 -41.76 0.1877
2017-07-12 2017-06-30 13F MASTERCARD CL A 57636Q104 10,880 -7,771 1,219
2017-09-20 2017-03-31 13F/A-1 MASTERCARD CL A 57636Q104 18,651 2,098 12.67 2,093 22.47 0.2132
2017-05-15 2017-03-31 13F MASTERCARD CL A 57636Q104 18,651 2,098 2,093
2017-02-14 2016-12-31 13F MASTERCARD CL A 57636Q104 16,553 16,553 1,709 0.2181
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.