MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

Global Endowment Management, LP's Holding History (CIK: 0001512237)

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

Q3 2016
Shares 36,400 Value ($000) $3,704 Avg Close $90.84 Range $82.10 - $96.94
Q3 2013
Shares 335 Value ($000) $225 Avg Close $58.30 Range $52.66 - $64.55