MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

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

New Positions (136)

Increased Positions (1101)

Teewinot Capital Advisers, L.L.C.
Value ($000) $67,744 (+801.7%) Shares 118,666 (+798.4%)
Spinecap SAS
Value ($000) $20,030 (+100.7%) Shares 35,087 (+99.9%)
Soroban Capital Partners LP
Value ($000) $1,074,532 (+72.0%) Shares 1,889,087 (+72.0%)
Metropolis Capital Ltd
Value ($000) $268,634 (+48.3%) Shares 470,562 (+47.7%)
Arrow Capital Management, LLC
Value ($000) $10,038 (+119.0%) Shares 17,584 (+9.1%)
Bluegrass Capital Partners LP
Value ($000) $23,406 (+28.6%) Shares 41,000 (+28.1%)
L1 Capital International Pty Ltd
Value ($000) $110,528 (+360.8%) Shares 193,609 (+359.1%)
J. Stern & Co. LLP
Value ($000) $72,597 (-5.7%) Shares 72,597,097 (+53535.0%)
Prana Capital Management, LP
Value ($000) $94,615 (+110.7%) Shares 165,735 (+110.0%)
Altrafin AG
Value ($000) $24,867 (+34.8%) Shares 43,558 (+34.3%)
JTC Employer Solutions Trustee Ltd
Value ($000) $43 (+237.1%) Shares 75,954 (+235.8%)
Cryder Capital Partners LLP
Value ($000) $129,190 (+17.1%) Shares 226,299 (+16.7%)
Liontrust Investment Partners LLP
Value ($000) $143,350 (+1074.7%) Shares 251,103 (+1070.4%)
Saranac Partners Ltd
Value ($000) $10,126 (+24.1%) Shares 17,703 (+23.4%)
Cardano Asset Management N.V.
Value ($000) $232 (-3.5%) Shares 4,072,210 (+861.6%)
Munro Partners
Value ($000) $137,853 (+30.7%) Shares 241,474 (+30.2%)
Global X Japan Co., Ltd.
Value ($000) $26,343 (+398.1%) Shares 46,145 (+396.3%)
Veritas Asset Management LLP
Value ($000) $449,768 (+19.0%) Shares 787,850 (+18.6%)
Veritas Investment Partners (UK) Ltd.
Value ($000) $385,344 (+7.0%) Shares 674,989 (+6.6%)
Stonehage Fleming Financial Services Holdings Ltd
Value ($000) $217,482 (+9.8%) Shares 380,960 (+9.4%)

Decreased Positions (1130)

RIVULET CAPITAL, LLC
Value ($000) $46,196 (-30.3%) Shares 80,920 (-30.5%)
Aquamarine Zurich AG
Value ($000) $23 (-38.9%) Shares 40,000 (-39.2%)
PETERSON WEALTH MANAGEMENT
Value ($000) $1,023 (-79.6%) Shares 1,791 (-79.7%)
Stenham Asset Management (UK) Plc
Value ($000) $5,166 (-35.4%) Shares 9,050 (-35.6%)
GUARDCAP ASSET MANAGEMENT Ltd
Value ($000) $275,622 (-27.4%) Shares 483,452 (-27.6%)
FARLEY CAPITAL L.P.
Value ($000) $34,571 (-7.9%) Shares 60,558 (-8.2%)
BlueSpruce Investments, LP
Value ($000) $248,985 (-22.1%) Shares 436,143 (-22.3%)
14B Captial Management LP
Value ($000) $24,297 (-0.7%) Shares 42,560 (-1.0%)
CAMPBELL NEWMAN ASSET MANAGEMENT INC
Value ($000) $27,030 (-39.5%) Shares 47,348 (-39.7%)
AKRE CAPITAL MANAGEMENT LLC
Value ($000) $1,715,654 (-4.4%) Shares 3,005,280 (-4.8%)
POLEN CAPITAL MANAGEMENT LLC
Value ($000) $1,216,960 (-22.0%) Shares 2,131,727 (-22.2%)
UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO
Value ($000) $8,632 (-50.7%) Shares 15,121 (-50.9%)
CYPRESS FUNDS LLC
Value ($000) $42,725 (-19.7%) Shares 74,840 (-20.0%)
BLS CAPITAL FONDSMAEGLERSELSKAB A/S
Value ($000) $238,225 (-7.3%) Shares 417,294 (-7.6%)
XXEC, Inc.
Value ($000) $10,288 (-9.4%) Shares 18,022 (-9.7%)
United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund
Value ($000) $83,958 (-10.9%) Shares 147,067 (-11.2%)
Crystal Rock Capital Management
Value ($000) $9,213 (-13.1%) Shares 16,139 (-13.4%)
JENSEN INVESTMENT MANAGEMENT INC
Value ($000) $275,587 (-16.7%) Shares 482,740 (-17.0%)
FIRETRAIL INVESTMENTS PTY LTD
Value ($000) $15,874 (-16.0%) Shares 27,672 (-17.3%)
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna
Value ($000) $6,561 (-21.7%) Shares 11,492 (-22.0%)

Exited Positions (110)