MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

Rakuten Investment Management, Inc.'s Holding History (CIK: 0002062680)

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

Q4 2025

Shares 109,239 Value ($000) $63,129 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 5,651 Value ($000) $697 Avg Close $573.47 Range $545.13 - $600.98

Q1 2025

Shares 74,583 Value ($000) $40,320 Avg Close $542.01 Range $497.80 - $579.76

Q3 2024

Shares 46,844 Value ($000) $23,124 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 35,124 Value ($000) $15,551 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 22,292 Value ($000) $10,735 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 2,057 Value ($000) $877 Avg Close $397.11 Range $355.66 - $423.46

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	109,239	$63,129	$558.95	$524.70 - $585.31
Q3 2025	5,651	$697	$573.47	$545.13 - $600.98
Q1 2025	74,583	$40,320	$542.01	$497.80 - $579.76
Q3 2024	46,844	$23,124	$461.72	$425.84 - $498.27
Q2 2024	35,124	$15,551	$451.62	$433.19 - $478.53
Q1 2024	22,292	$10,735	$452.59	$412.22 - $485.16
Q4 2023	2,057	$877	$397.11	$355.66 - $423.46