MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

ALTA CAPITAL MANAGEMENT LLC/'s Holding History (CIK: 0001093589)

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

Q4 2025

Shares 83,432 Value ($000) $47,630 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 97,050 Value ($000) $55,203 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 100,294 Value ($000) $56,359 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 102,828 Value ($000) $56,363 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 114,497 Value ($000) $60,291 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 117,875 Value ($000) $58,207 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 115,487 Value ($000) $50,948 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 120,152 Value ($000) $57,862 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 124,418 Value ($000) $53,066 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 125,538 Value ($000) $49,702 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 127,268 Value ($000) $50,055 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 130,645 Value ($000) $47,478 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 136,973 Value ($000) $47,630 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 144,445 Value ($000) $41,071 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 144,712 Value ($000) $45,653 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 149,911 Value ($000) $53,575 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 149,712 Value ($000) $53,794 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 146,873 Value ($000) $51,065 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 286,018 Value ($000) $104,422 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 367,087 Value ($000) $130,701 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 188,940 Value ($000) $67,440 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 380,888 Value ($000) $128,805 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 394,066 Value ($000) $116,525 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 372,828 Value ($000) $90,060 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 191,601 Value ($000) $57,210 Avg Close $272.58 Range $249.95 - $291.54

Q3 2019

Shares 199,954 Value ($000) $54,301 Avg Close $266.10 Range $245.19 - $283.62

Q2 2019

Shares 263,365 Value ($000) $69,668 Avg Close $241.35 Range $224.85 - $260.28

Q1 2019

Shares 270,612 Value ($000) $63,715 Avg Close $207.20 Range $174.02 - $228.35

Q4 2018

Shares 278,079 Value ($000) $52,459 Avg Close $190.92 Range $165.28 - $216.43

Q3 2018

Shares 313,345 Value ($000) $69,753 Avg Close $200.34 Range $186.80 - $215.48

Q2 2018

Shares 310,007 Value ($000) $60,922 Avg Close $180.31 Range $160.86 - $195.68

Q1 2018

Shares 314,298 Value ($000) $55,052 Avg Close $163.70 Range $144.52 - $175.98

Q4 2017

Shares 323,791 Value ($000) $49,009 Avg Close $142.19 Range $134.47 - $147.90

Q3 2017

Shares 356,316 Value ($000) $50,311 Avg Close $126.35 Range $115.06 - $137.11

Q2 2017

Shares 375,613 Value ($000) $45,618 Avg Close $113.06 Range $105.80 - $120.27

Q1 2017

Shares 396,020 Value ($000) $44,540 Avg Close $104.26 Range $98.83 - $107.97

Q4 2016

Shares 395,644 Value ($000) $40,850 Avg Close $98.27 Range $94.46 - $103.40

Q3 2016

Shares 540,133 Value ($000) $54,969 Avg Close $90.84 Range $82.10 - $96.94

Q2 2016

Shares 550,296 Value ($000) $48,459 Avg Close $90.26 Range $82.81 - $94.54

Q1 2016

Shares 555,342 Value ($000) $52,479 Avg Close $83.42 Range $74.09 - $90.24

Q4 2015

Shares 388,386 Value ($000) $37,813 Avg Close $92.19 Range $83.59 - $95.82

Q3 2015

Shares 374,311 Value ($000) $33,732 Avg Close $88.30 Range $70.14 - $93.23

Q2 2015

Shares 369,473 Value ($000) $34,538 Avg Close $86.11 Range $79.97 - $90.38

Q1 2015

Shares 362,911 Value ($000) $31,351 Avg Close $81.25 Range $74.77 - $87.12

Q4 2014

Shares 380,066 Value ($000) $32,746 Avg Close $76.31 Range $65.11 - $84.02

Q3 2014

Shares 368,320 Value ($000) $27,226 Avg Close $71.09 Range $68.75 - $73.96

Q2 2014

Shares 363,859 Value ($000) $26,732 Avg Close $69.24 Range $64.02 - $72.61

Q1 2014

Shares 352,468 Value ($000) $26,329 Avg Close $72.72 Range $66.78 - $78.88

Q4 2013

Shares 33,786 Value ($000) $28,227 Avg Close $69.03 Range $60.18 - $78.03

Q3 2013

Shares 35,592 Value ($000) $23,946 Avg Close $58.30 Range $52.66 - $64.55

Q2 2013

Shares 34,157 Value ($000) $19,623 Avg Close $51.54 Range $48.11 - $54.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	83,432	$47,630	$558.95	$524.70 - $585.31
Q3 2025	97,050	$55,203	$573.47	$545.13 - $600.98
Q2 2025	100,294	$56,359	$551.47	$463.61 - $593.12
Q1 2025	102,828	$56,363	$542.01	$497.80 - $579.76
Q4 2024	114,497	$60,291	$514.68	$486.24 - $534.63
Q3 2024	117,875	$58,207	$461.72	$425.84 - $498.27
Q2 2024	115,487	$50,948	$451.62	$433.19 - $478.53
Q1 2024	120,152	$57,862	$452.59	$412.22 - $485.16
Q4 2023	124,418	$53,066	$397.11	$355.66 - $423.46
Q3 2023	125,538	$49,702	$396.22	$381.45 - $413.22
Q2 2023	127,268	$50,055	$369.85	$350.88 - $389.52
Q1 2023	130,645	$47,478	$357.45	$334.82 - $383.83
Q4 2022	136,973	$47,630	$323.40	$272.05 - $362.83
Q3 2022	144,445	$41,071	$325.17	$276.34 - $355.07
Q2 2022	144,712	$45,653	$337.29	$297.42 - $374.14
Q1 2022	149,911	$53,575	$351.61	$298.93 - $391.17
Q4 2021	149,712	$53,794	$337.80	$298.92 - $362.54
Q3 2021	146,873	$51,065	$354.74	$327.44 - $385.64
Q2 2021	286,018	$104,422	$362.28	$345.76 - $391.25
Q1 2021	367,087	$130,701	$339.57	$304.04 - $379.11
Q4 2020	188,940	$67,440	$323.35	$273.35 - $349.38
Q3 2020	380,888	$128,805	$315.67	$280.27 - $356.58
Q2 2020	394,066	$116,525	$273.34	$219.87 - $306.47
Q1 2020	372,828	$90,060	$287.82	$193.62 - $336.19
Q4 2019	191,601	$57,210	$272.58	$249.95 - $291.54
Q3 2019	199,954	$54,301	$266.10	$245.19 - $283.62
Q2 2019	263,365	$69,668	$241.35	$224.85 - $260.28
Q1 2019	270,612	$63,715	$207.20	$174.02 - $228.35
Q4 2018	278,079	$52,459	$190.92	$165.28 - $216.43
Q3 2018	313,345	$69,753	$200.34	$186.80 - $215.48
Q2 2018	310,007	$60,922	$180.31	$160.86 - $195.68
Q1 2018	314,298	$55,052	$163.70	$144.52 - $175.98
Q4 2017	323,791	$49,009	$142.19	$134.47 - $147.90
Q3 2017	356,316	$50,311	$126.35	$115.06 - $137.11
Q2 2017	375,613	$45,618	$113.06	$105.80 - $120.27
Q1 2017	396,020	$44,540	$104.26	$98.83 - $107.97
Q4 2016	395,644	$40,850	$98.27	$94.46 - $103.40
Q3 2016	540,133	$54,969	$90.84	$82.10 - $96.94
Q2 2016	550,296	$48,459	$90.26	$82.81 - $94.54
Q1 2016	555,342	$52,479	$83.42	$74.09 - $90.24
Q4 2015	388,386	$37,813	$92.19	$83.59 - $95.82
Q3 2015	374,311	$33,732	$88.30	$70.14 - $93.23
Q2 2015	369,473	$34,538	$86.11	$79.97 - $90.38
Q1 2015	362,911	$31,351	$81.25	$74.77 - $87.12
Q4 2014	380,066	$32,746	$76.31	$65.11 - $84.02
Q3 2014	368,320	$27,226	$71.09	$68.75 - $73.96
Q2 2014	363,859	$26,732	$69.24	$64.02 - $72.61
Q1 2014	352,468	$26,329	$72.72	$66.78 - $78.88
Q4 2013	33,786	$28,227	$69.03	$60.18 - $78.03
Q3 2013	35,592	$23,946	$58.30	$52.66 - $64.55
Q2 2013	34,157	$19,623	$51.54	$48.11 - $54.91