MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

THORNBURG INVESTMENT MANAGEMENT INC's Holding History (CIK: 0001145020)

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

Q4 2025

Shares 99,052 Value ($000) $56,547 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 103,940 Value ($000) $59,122 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 108,572 Value ($000) $61,011 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 113,970 Value ($000) $624,692 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 116,501 Value ($000) $61,346 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 117,335 Value ($000) $57,940 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 113,798 Value ($000) $50,213 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 111,197 Value ($000) $53,544 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 109,924 Value ($000) $46,875 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 124,959 Value ($000) $49 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 132,615 Value ($000) $52 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 134,258 Value ($000) $49 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 193,663 Value ($000) $68 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 403,089 Value ($000) $114,614 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 406,830 Value ($000) $128,347 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 430,811 Value ($000) $153,963 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 455,015 Value ($000) $163,496 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 429,764 Value ($000) $149,420 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 434,824 Value ($000) $158,750 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 459,094 Value ($000) $163,460 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 444,075 Value ($000) $158,508 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 462,400 Value ($000) $156,370 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 488,037 Value ($000) $144,313 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 239,476 Value ($000) $57,848 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 192,250 Value ($000) $57,404 Avg Close $272.58 Range $249.95 - $291.54

Q3 2019

Shares 203,186 Value ($000) $55,179 Avg Close $266.10 Range $245.19 - $283.62

Q2 2019

Shares 230,157 Value ($000) $60,883 Avg Close $241.35 Range $224.85 - $260.28

Q1 2019

Shares 263,608 Value ($000) $62,067 Avg Close $207.20 Range $174.02 - $228.35

Q4 2018

Shares 263,322 Value ($000) $49,676 Avg Close $190.92 Range $165.28 - $216.43

Q3 2018

Shares 262,291 Value ($000) $58,389 Avg Close $200.34 Range $186.80 - $215.48

Q2 2018

Shares 290,693 Value ($000) $57,127 Avg Close $180.31 Range $160.86 - $195.68

Q1 2018

Shares 274,317 Value ($000) $48,049 Avg Close $163.70 Range $144.52 - $175.98

Q4 2017

Shares 258,791 Value ($000) $39,171 Avg Close $142.19 Range $134.47 - $147.90

Q3 2017

Shares 366,102 Value ($000) $51,694 Avg Close $126.35 Range $115.06 - $137.11

Q2 2017

Shares 352,251 Value ($000) $42,781 Avg Close $113.06 Range $105.80 - $120.27

Q1 2017

Shares 349,488 Value ($000) $39,307 Avg Close $104.26 Range $98.83 - $107.97

Q4 2016

Shares 529,991 Value ($000) $54,722 Avg Close $98.27 Range $94.46 - $103.40

Q3 2016

Shares 529,558 Value ($000) $53,893 Avg Close $90.84 Range $82.10 - $96.94

Q2 2016

Shares 523,782 Value ($000) $46,124 Avg Close $90.26 Range $82.81 - $94.54

Q1 2016

Shares 2,197,031 Value ($000) $207,620 Avg Close $83.42 Range $74.09 - $90.24

Q4 2015

Shares 461,180 Value ($000) $44,900 Avg Close $92.19 Range $83.59 - $95.82

Q3 2015

Shares 484,847 Value ($000) $43,694 Avg Close $88.30 Range $70.14 - $93.23

Q2 2015

Shares 507,464 Value ($000) $47,437 Avg Close $86.11 Range $79.97 - $90.38

Q1 2015

Shares 1,009,714 Value ($000) $87,229 Avg Close $81.25 Range $74.77 - $87.12

Q4 2014

Shares 2,064,700 Value ($000) $177,895 Avg Close $76.31 Range $65.11 - $84.02

Q3 2014

Shares 5,705,162 Value ($000) $421,725 Avg Close $71.09 Range $68.75 - $73.96

Q2 2014

Shares 6,005,221 Value ($000) $441,204 Avg Close $69.24 Range $64.02 - $72.61

Q1 2014

Shares 5,834,987 Value ($000) $435,874 Avg Close $72.72 Range $66.78 - $78.88

Q4 2013

Shares 71,042 Value ($000) $59,353 Avg Close $69.03 Range $60.18 - $78.03

Q3 2013

Shares 59,663 Value ($000) $40,140 Avg Close $58.30 Range $52.66 - $64.55

Q2 2013

Shares 57,044 Value ($000) $32,772 Avg Close $51.54 Range $48.11 - $54.91

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	99,052	$56,547	$558.95	$524.70 - $585.31
Q3 2025	103,940	$59,122	$573.47	$545.13 - $600.98
Q2 2025	108,572	$61,011	$551.47	$463.61 - $593.12
Q1 2025	113,970	$624,692	$542.01	$497.80 - $579.76
Q4 2024	116,501	$61,346	$514.68	$486.24 - $534.63
Q3 2024	117,335	$57,940	$461.72	$425.84 - $498.27
Q2 2024	113,798	$50,213	$451.62	$433.19 - $478.53
Q1 2024	111,197	$53,544	$452.59	$412.22 - $485.16
Q4 2023	109,924	$46,875	$397.11	$355.66 - $423.46
Q3 2023	124,959	$49	$396.22	$381.45 - $413.22
Q2 2023	132,615	$52	$369.85	$350.88 - $389.52
Q1 2023	134,258	$49	$357.45	$334.82 - $383.83
Q4 2022	193,663	$68	$323.40	$272.05 - $362.83
Q3 2022	403,089	$114,614	$325.17	$276.34 - $355.07
Q2 2022	406,830	$128,347	$337.29	$297.42 - $374.14
Q1 2022	430,811	$153,963	$351.61	$298.93 - $391.17
Q4 2021	455,015	$163,496	$337.80	$298.92 - $362.54
Q3 2021	429,764	$149,420	$354.74	$327.44 - $385.64
Q2 2021	434,824	$158,750	$362.28	$345.76 - $391.25
Q1 2021	459,094	$163,460	$339.57	$304.04 - $379.11
Q4 2020	444,075	$158,508	$323.35	$273.35 - $349.38
Q3 2020	462,400	$156,370	$315.67	$280.27 - $356.58
Q2 2020	488,037	$144,313	$273.34	$219.87 - $306.47
Q1 2020	239,476	$57,848	$287.82	$193.62 - $336.19
Q4 2019	192,250	$57,404	$272.58	$249.95 - $291.54
Q3 2019	203,186	$55,179	$266.10	$245.19 - $283.62
Q2 2019	230,157	$60,883	$241.35	$224.85 - $260.28
Q1 2019	263,608	$62,067	$207.20	$174.02 - $228.35
Q4 2018	263,322	$49,676	$190.92	$165.28 - $216.43
Q3 2018	262,291	$58,389	$200.34	$186.80 - $215.48
Q2 2018	290,693	$57,127	$180.31	$160.86 - $195.68
Q1 2018	274,317	$48,049	$163.70	$144.52 - $175.98
Q4 2017	258,791	$39,171	$142.19	$134.47 - $147.90
Q3 2017	366,102	$51,694	$126.35	$115.06 - $137.11
Q2 2017	352,251	$42,781	$113.06	$105.80 - $120.27
Q1 2017	349,488	$39,307	$104.26	$98.83 - $107.97
Q4 2016	529,991	$54,722	$98.27	$94.46 - $103.40
Q3 2016	529,558	$53,893	$90.84	$82.10 - $96.94
Q2 2016	523,782	$46,124	$90.26	$82.81 - $94.54
Q1 2016	2,197,031	$207,620	$83.42	$74.09 - $90.24
Q4 2015	461,180	$44,900	$92.19	$83.59 - $95.82
Q3 2015	484,847	$43,694	$88.30	$70.14 - $93.23
Q2 2015	507,464	$47,437	$86.11	$79.97 - $90.38
Q1 2015	1,009,714	$87,229	$81.25	$74.77 - $87.12
Q4 2014	2,064,700	$177,895	$76.31	$65.11 - $84.02
Q3 2014	5,705,162	$421,725	$71.09	$68.75 - $73.96
Q2 2014	6,005,221	$441,204	$69.24	$64.02 - $72.61
Q1 2014	5,834,987	$435,874	$72.72	$66.78 - $78.88
Q4 2013	71,042	$59,353	$69.03	$60.18 - $78.03
Q3 2013	59,663	$40,140	$58.30	$52.66 - $64.55
Q2 2013	57,044	$32,772	$51.54	$48.11 - $54.91