MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

America First Investment Advisors, LLC's Holding History (CIK: 0001308778)

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

Q4 2025

Shares 44,541 Value ($000) $25,428 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 43,747 Value ($000) $24,884 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 43,769 Value ($000) $24,596 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 44,301 Value ($000) $24,282 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 44,281 Value ($000) $23,317 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 45,362 Value ($000) $22,400 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 45,073 Value ($000) $19,885 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 44,171 Value ($000) $21,272 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 44,209 Value ($000) $18,856 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 44,243 Value ($000) $17,516 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 44,252 Value ($000) $17,404 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 43,906 Value ($000) $15,956 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 42,289 Value ($000) $15 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 38,022 Value ($000) $10,811 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 37,498 Value ($000) $11,830 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 37,109 Value ($000) $13,262 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 36,369 Value ($000) $13,068 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 34,599 Value ($000) $12,029 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 34,220 Value ($000) $12,493 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 32,284 Value ($000) $11,495 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 31,938 Value ($000) $11,400 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 32,792 Value ($000) $11,089 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 32,171 Value ($000) $9,513 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 31,613 Value ($000) $7,636 Avg Close $287.82 Range $193.62 - $336.19

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	44,541	$25,428	$558.95	$524.70 - $585.31
Q3 2025	43,747	$24,884	$573.47	$545.13 - $600.98
Q2 2025	43,769	$24,596	$551.47	$463.61 - $593.12
Q1 2025	44,301	$24,282	$542.01	$497.80 - $579.76
Q4 2024	44,281	$23,317	$514.68	$486.24 - $534.63
Q3 2024	45,362	$22,400	$461.72	$425.84 - $498.27
Q2 2024	45,073	$19,885	$451.62	$433.19 - $478.53
Q1 2024	44,171	$21,272	$452.59	$412.22 - $485.16
Q4 2023	44,209	$18,856	$397.11	$355.66 - $423.46
Q3 2023	44,243	$17,516	$396.22	$381.45 - $413.22
Q2 2023	44,252	$17,404	$369.85	$350.88 - $389.52
Q1 2023	43,906	$15,956	$357.45	$334.82 - $383.83
Q4 2022	42,289	$15	$323.40	$272.05 - $362.83
Q3 2022	38,022	$10,811	$325.17	$276.34 - $355.07
Q2 2022	37,498	$11,830	$337.29	$297.42 - $374.14
Q1 2022	37,109	$13,262	$351.61	$298.93 - $391.17
Q4 2021	36,369	$13,068	$337.80	$298.92 - $362.54
Q3 2021	34,599	$12,029	$354.74	$327.44 - $385.64
Q2 2021	34,220	$12,493	$362.28	$345.76 - $391.25
Q1 2021	32,284	$11,495	$339.57	$304.04 - $379.11
Q4 2020	31,938	$11,400	$323.35	$273.35 - $349.38
Q3 2020	32,792	$11,089	$315.67	$280.27 - $356.58
Q2 2020	32,171	$9,513	$273.34	$219.87 - $306.47
Q1 2020	31,613	$7,636	$287.82	$193.62 - $336.19