MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

DENALI ADVISORS LLC's Holding History (CIK: 0001142941)

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

Q4 2025

Shares 9,564 Value ($000) $5,460 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 9,643 Value ($000) $5,485 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 12,552 Value ($000) $7,053 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 12,698 Value ($000) $6,960 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 12,754 Value ($000) $6,716 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 7,306 Value ($000) $3,608 Avg Close $461.72 Range $425.84 - $498.27

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	9,564	$5,460	$558.95	$524.70 - $585.31
Q3 2025	9,643	$5,485	$573.47	$545.13 - $600.98
Q2 2025	12,552	$7,053	$551.47	$463.61 - $593.12
Q1 2025	12,698	$6,960	$542.01	$497.80 - $579.76
Q4 2024	12,754	$6,716	$514.68	$486.24 - $534.63
Q3 2024	7,306	$3,608	$461.72	$425.84 - $498.27