MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

Note: Option positions (PUT/CALL) are excluded.

InstitutionSharesValue ($000)
VANGUARD GROUP INC79,897,854$45,612,087
J. Stern & Co. LLP72,597,097$72,597
MASTERCARD FOUNDATION ASSET MANAGEMENT CORP70,121,630$40,031,036
BlackRock, Inc.68,304,200$38,993,502
STATE STREET CORP36,611,476$20,900,759
JPMORGAN CHASE & CO31,214,224$17,819,577
FMR LLC25,177,655$14,373,420
GEODE CAPITAL MANAGEMENT, LLC20,686,605$11,773,153
PRICE T ROWE ASSOCIATES INC /MD/19,041,495$10,870
Capital International Investors17,964,658$10,256,368
MORGAN STANLEY16,046,550$9,160,657
WELLINGTON MANAGEMENT GROUP LLP13,496,758$7,705,029
NORGES BANK11,746,265$6,705,708
Capital Research Global Investors10,791,976$6,161,003
NORTHERN TRUST CORP8,744,661$4,992,152
Bank of New York Mellon Corp7,777,622$4,440,089
Nuveen, LLC7,403,000$4,226,225
UBS ASSET MANAGEMENT AMERICAS INC6,614,640$3,776,166
FRANKLIN RESOURCES INC6,305,667$3,599,778
GOLDMAN SACHS GROUP INC5,890,060$3,362,517
CHARLES SCHWAB INVESTMENT MANAGEMENT INC5,878,841$3,356,113
MASSACHUSETTS FINANCIAL SERVICES CO /MA/5,871,070$3,351,676
Legal & General Group Plc5,745,672$3,280,089
AMERICAN CENTURY COMPANIES INC5,501,246$3,140,554
Invesco Ltd.5,422,493$3,095,593
BANK OF AMERICA CORP /DE/5,343,046$3,050,238
JANUS HENDERSON GROUP PLC5,260,969$2,985,314
ROYAL BANK OF CANADA5,066,320$2,892,260
JENNISON ASSOCIATES LLC4,642,316$2,650,205
Fisher Asset Management, LLC4,355,805$2,486,642
DIMENSIONAL FUND ADVISORS LP4,182,488$2,387,832
AMERIPRISE FINANCIAL INC4,162,530$2,376,382
Cardano Asset Management N.V.4,072,210$232
BERKSHIRE HATHAWAY INC3,986,648$2,275,898
UBS Group AG3,927,382$2,242,064
CANADA PENSION PLAN INVESTMENT BOARD3,696,302$2,110,145
Capital World Investors3,344,879$1,909,772
DEUTSCHE BANK AG\3,336,603$1,904,800
Amundi3,180,899$1,815,912
BROWN ADVISORY INC3,161,082$1,804,599
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP3,111,652$1,776,380
AKRE CAPITAL MANAGEMENT LLC3,005,280$1,715,654
BARCLAYS PLC2,808,706$1,603,434
WELLS FARGO & COMPANY/MN2,772,698$1,582,878
Temasek Holdings (Private) Ltd2,769,218$1,580,891
PRINCIPAL FINANCIAL GROUP INC2,378,452$1,357,821
NORDEA INVESTMENT MANAGEMENT AB2,378,194$1,367,176
Swiss National Bank2,335,860$1,333,496
ALLIANCEBERNSTEIN L.P.2,290,904$1,307,831
Swedbank AB2,250,933$1,285,013
Sumitomo Mitsui Trust Holdings, Inc.2,159,014$1,232,538
POLEN CAPITAL MANAGEMENT LLC2,131,727$1,216,960
BANK OF MONTREAL /CAN/2,076,681$1,185,536
SCHRODER INVESTMENT MANAGEMENT GROUP2,057,164$1,174,394
Soroban Capital Partners LP1,889,087$1,074,532
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM1,835,410$1,047,799
Russell Investments Group, Ltd.1,830,673$1,046,137
PARNASSUS INVESTMENTS, LLC1,809,280$1,032,882
T. Rowe Price Investment Management, Inc.1,804,791$1,030
ENVESTNET ASSET MANAGEMENT INC1,788,070$1,020,773
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.1,761,224$991,798
PineStone Asset Management Inc.1,697,191$968,892
Fiera Capital Corp1,690,498$965,071
National Pension Service1,682,172$960,318
Pictet Asset Management Holding SA1,608,437$918,353
HSBC HOLDINGS PLC1,597,748$913,046
FIL Ltd1,594,175$910,083
GARDNER RUSSO & QUINN LLC1,585,999$905,415
NEUBERGER BERMAN GROUP LLC1,565,050$893,703
Sanders Capital, LLC1,548,588$884,058
RHUMBLINE ADVISERS1,548,382$883,940
RAYMOND JAMES FINANCIAL INC1,536,283$877,296
Allianz Asset Management GmbH1,530,758$873,879
Ensign Peak Advisors, Inc1,521,463$868,573
VICTORY CAPITAL MANAGEMENT INC1,498,716$855,616
Valley Forge Capital Management, LP1,487,409$849,132
BAILLIE GIFFORD & CO1,464,206$835,886
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA1,382,955$719,703
Rothschild & Co Wealth Management UK Ltd1,382,548$789,269
CAISSE DE DEPOT ET PLACEMENT DU QUEBEC1,372,595$783,587
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM1,323,057$755,307
DekaBank Deutsche Girozentrale1,322,367$662
APG Asset Management N.V.1,317,569$640,448
ING GROEP NV1,284,699$733,409
Bank Julius Baer & Co. Ltd, Zurich1,270,542$726,602
DnB Asset Management AS1,261,054$719,911
Winslow Capital Management, LLC1,239,121$708,662
Ninety One UK Ltd1,236,730$706,024
TWO SIGMA ADVISERS, LP1,227,980$701,029
SEI INVESTMENTS CO1,184,447$676,169
Fayez Sarofim & Co1,183,243$675,490
Voya Investment Management LLC1,142,441$652,197
Universal- Beteiligungs- und Servicegesellschaft mbH1,086,260$620,239
WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC1,084,947$619,374
BNP Paribas Investment Partners S.A.1,082,935$618
BNP PARIBAS ARBITRAGE, SA1,045,242$596,708
Vontobel Holding Ltd.1,029,570$587,761
LPL Financial LLC1,026,091$585,775
Robeco Institutional Asset Management B.V.1,025,209$585,271
CREDIT AGRICOLE S A1,003,139$572,672
3534 other institutions136,517,620$71,135,501
Total (3,634 institutions)863,007,348$428,679,616