Mastercard Incorporated
US ˙ NYSE ˙ US57636Q1040

SecurityMA / Mastercard Incorporated
InstitutionPinnacle Associates Ltd
Latest Disclosed Ownership39,266 shares
Latest Disclosed Value $ 19,619,874
Pinnacle Associates Ltd reports 5.31% decrease in ownership of MA / Mastercard Incorporated

On April 21, 2026 - Pinnacle Associates Ltd filed a 13F-HR form disclosing ownership of 39,266 shares of Mastercard Incorporated (US:MA) valued at $19,619,650 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 5, 2026 disclosing 41,470 shares of Mastercard Incorporated. This represents a change in shares of -5.31% during the quarter. The current value of the position is $18,515,882 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.

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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)
2026-04-21 2026-03-31 13F MASTERCARD CL A 57636Q104 39,266 -2,204 -5.31 19,620 -17.13 0.2515
2026-02-05 2025-12-31 13F MASTERCARD CL A 57636Q104 41,470 540 1.32 23,675 1.69 0.3038
2025-11-13 2025-09-30 13F MASTERCARD CL A 57636Q104 40,930 73 0.18 23,281 1.40 0.3089
2025-08-04 2025-06-30 13F MASTERCARD CL A 57636Q104 40,857 -496 -1.20 22,959 1.29 0.3324
2025-05-06 2025-03-31 13F MASTERCARD CL A 57636Q104 41,353 63 0.15 22,667 4.25 0.3321
2025-02-14 2024-12-31 13F MASTERCARD CL A 57636Q104 41,290 -1,083 -2.56 21,742 20.31 0.2950
2024-10-25 2024-09-30 13F MASTERCARD CL A 57636Q104 42,373 2,489 6.24 18,073 2.71 0.3073
2024-07-30 2024-06-30 13F MASTERCARD CL A 57636Q104 39,884 -84 -0.21 17,595 -8.58 0.2755
2024-04-26 2024-03-31 13F MASTERCARD CL A 57636Q104 39,968 -2,405 -5.68 19,247 6.50 0.3034
2024-01-19 2023-12-31 13F MASTERCARD CL A 57636Q104 42,373 -288 -0.68 18,073 7.00 0.3041
2023-10-24 2023-09-30 13F MASTERCARD CL A 57636Q104 42,661 104 0.24 16,890 0.91 0.3140
2023-07-27 2023-06-30 13F MASTERCARD CL A 57636Q104 42,557 7,016 19.74 16,738 29.59 0.2904
2023-05-05 2023-03-31 13F MASTERCARD CL A 57636Q104 35,541 800 2.30 12,916 6.91 0.2642
2023-02-01 2022-12-31 13F/A-1 MASTERCARD CL A 57636Q104 34,741 599 1.75 12,080 24.43 0.2632
2023-01-25 2022-12-31 13F MASTERCARD CL A 57636Q104 34,824 682 12,233 0.0003
2022-11-01 2022-09-30 13F MASTERCARD CL A 57636Q104 34,142 64 0.19 9,708 -9.70 0.2228
2022-08-02 2022-06-30 13F MASTERCARD CL A 57636Q104 34,078 540 1.61 10,751 -10.30 0.2344
2022-05-05 2022-03-31 13F MASTERCARD CL A 57636Q104 33,538 1,523 4.76 11,986 4.19 0.2122
2022-02-02 2021-12-31 13F MASTERCARD CL A 57636Q104 32,015 7,955 33.06 11,504 37.53 0.1984
2021-10-19 2021-09-30 13F MASTERCARD CL A 57636Q104 24,060 714 3.06 8,365 -1.85 0.1542
2021-08-02 2021-06-30 13F MASTERCARD CL A 57636Q104 23,346 707 3.12 8,523 5.73 0.1541
2021-05-12 2021-03-31 13F MASTERCARD CL A 57636Q104 22,639 -2,425 -9.68 8,061 -9.89 0.1537
2021-01-26 2020-12-31 13F MASTERCARD CL A 57636Q104 25,064 -1,183 -4.51 8,946 0.79 0.1817
2020-10-23 2020-09-30 13F MASTERCARD CL A 57636Q104 26,247 -6,875 -20.76 8,876 -9.37 0.2108
2020-08-14 2020-06-30 13F MASTERCARD CL A 57636Q104 33,122 1,766 5.63 9,794 29.31 0.2415
2020-05-13 2020-03-31 13F MASTERCARD CL A 57636Q104 31,356 3,650 13.17 7,574 -8.45 0.2301
2020-02-03 2019-12-31 13F MASTERCARD CL A 57636Q104 27,706 2,797 11.23 8,273 22.29 0.1812
2019-11-08 2019-09-30 13F MASTERCARD CL A 57636Q104 24,909 6,107 32.48 6,765 36.01 0.1594
2019-08-05 2019-06-30 13F MASTERCARD CL A 57636Q104 18,802 10,946 139.33 4,974 168.86 0.1165
2019-05-10 2019-03-31 13F MASTERCARD CL A 57636Q104 7,856 516 7.03 1,850 33.57 0.0418
2019-02-05 2018-12-31 13F MASTERCARD CL A 57636Q104 7,340 112 1.55 1,385 -13.92 0.0358
2018-11-09 2018-09-30 13F MASTERCARD CL A 57636Q104 7,228 116 1.63 1,609 15.09 0.0334
2018-08-08 2018-06-30 13F MASTERCARD CL A 57636Q104 7,112 -499 -6.56 1,398 4.88 0.0288
2018-05-11 2018-03-31 13F MASTERCARD CL A 57636Q104 7,611 332 4.56 1,333 20.96 0.0261
2018-02-12 2017-12-31 13F MASTERCARD CL A 57636Q104 7,279 578 8.63 1,102 16.49 0.0212
2017-11-13 2017-09-30 13F MASTERCARD CL A 57636Q104 6,701 364 5.74 946 22.86 0.0174
2017-08-09 2017-06-30 13F MASTERCARD CL A 57636Q104 6,337 -363 -5.42 770 2.12 0.0148
2017-05-09 2017-03-31 13F MASTERCARD CL A 57636Q104 6,700 -54 -0.80 754 8.18 0.0144
2017-02-10 2016-12-31 13F MASTERCARD CL A 57636Q104 6,754 -153 -2.22 697 -0.85 0.0141
2016-11-14 2016-09-30 13F MASTERCARD CL A 57636Q104 6,907 221 3.31 703 19.35 0.0141
2016-08-15 2016-06-30 13F MASTERCARD CL A 57636Q104 6,686 -12 -0.18 589 -6.95 0.0127
2016-05-13 2016-03-31 13F MASTERCARD CL A 57636Q104 6,698 -500 -6.95 633 -9.70 0.0135
2016-02-11 2015-12-31 13F/A-1 MASTERCARD CL A 57636Q104 7,198 -375 -4.95 701 2.79 0.0147
2016-02-09 2015-12-31 13F MASTERCARD CL A 57636Q104 7,198 -375 701 0.0150
2015-11-10 2015-09-30 13F MASTERCARD CL A 57636Q104 7,573 238 3.24 682 -0.58 0.0151
2015-08-12 2015-06-30 13F MASTERCARD CL A 57636Q104 7,335 -1,359 -15.63 686 -8.66 0.0127
2015-05-15 2015-03-31 13F Mastercard Inc Cl A COM 57636Q104 8,694 500 6.10 751 6.37 0.0140
2015-02-12 2014-12-31 13F Mastercard Inc Cl A COM 57636Q104 8,194 -290 -3.42 706 12.60 0.0138
2014-11-12 2014-09-30 13F Mastercard Inc Cl A COM 57636Q104 8,484 1,500 21.48 627 22.22 0.0128
2014-08-14 2014-06-30 13F Mastercard Inc Cl A COM 57636Q104 6,984 -1,061 -13.19 513 -14.64 0.0100
2014-05-14 2014-03-31 13F Mastercard Inc Cl A COM 57636Q104 8,045 7,268 935.39 601 -7.40 0.0117
2014-02-12 2013-12-31 13F Mastercard Inc Cl A COM 57636Q104 777 19 2.51 649 27.25 0.0127
2013-11-14 2013-09-30 13F Mastercard Inc Cl A COM 57636Q104 758 0 0.00 510 17.24 0.0106
2013-08-13 2013-06-30 13F Mastercard Inc Cl A COM 57636Q104 758 758 435 0.0098
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.