Altarock Partners’s Mastercard MA Stock Holding History

Altarock Partners’s Portfolio MA Stock Details MA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$261M	Sell	522,836 -19,000	-4%	-$10M	6.33%	5
2025 Q4	$309M	Sell	541,836 -42,250	-7%	-$23.6M	6.07%	5
2025 Q3	$332M	Sell	584,086 -2,168	-0.4%	-$1.25M	6.07%	5
2025 Q2	$329M	Hold	586,254	–	–	6.01%	5
2025 Q1	$321M	Hold	586,254	–	–	6.46%	6
2024 Q4	$309M	Sell	586,254 -33,779	-5%	-$17.5M	6.24%	6
2024 Q3	$306M	Buy	620,033 +353,000	+132%	+$164M	6.03%	7
2024 Q2	$118M	Hold	267,033	–	–	2.42%	7
2024 Q1	$129M	Sell	267,033 -1,961	-0.7%	-$896K	2.76%	8
2023 Q4	$115M	Sell	268,994 -11,457	-4%	-$4.6M	2.56%	8
2023 Q3	$111M	Sell	280,451 -14,059	-5%	-$5.64M	2.78%	7
2023 Q2	$116M	Hold	294,510	–	–	2.78%	7
2023 Q1	$107M	Sell	294,510 -6,500	-2%	-$2.36M	2.93%	7
2022 Q4	$105M	Sell	301,010 -27,153	-8%	-$8.94M	3.29%	7
2022 Q3	$93.3M	Buy	328,163 +79,714	+32%	+$26.4M	3.05%	7
2022 Q2	$78.4M	Sell	248,449 -2,800	-1%	-$964K	2.42%	7
2022 Q1	$89.8M	Hold	251,249	–	–	2.29%	7
2021 Q4	$90.3M	Buy	251,249 +75,000	+43%	+$25.9M	2.38%	7
2021 Q3	$61.3M	Hold	176,249	–	–	1.65%	6
2021 Q2	$64.3M	Hold	176,249	–	–	1.78%	7
2021 Q1	$62.8M	Hold	176,249	–	–	2.39%	6
2020 Q4	$62.9M	Sell	176,249 -210,691	-54%	-$70.1M	2.64%	6
2020 Q3	$131M	Sell	386,940 -25,000	-6%	-$8.13M	6.17%	5
2020 Q2	$122M	Buy	411,940 +50,000	+14%	+$14.1M	6.25%	5
2020 Q1	$87.4M	Sell	361,940 -35,000	-9%	-$10.4M	5.55%	5
2019 Q4	$119M	Hold	396,940	–	–	7.33%	5
2019 Q3	$108M	Hold	396,940	–	–	9.34%	4
2019 Q2	$105M	Hold	396,940	–	–	9.06%	5
2019 Q1	$93.5M	Hold	396,940	–	–	8.88%	5
2018 Q4	$74.9M	Sell	396,940 -1,350	-0.3%	-$268K	8.91%	5
2018 Q3	$88.7M	Hold	398,290	–	–	8.14%	6
2018 Q2	$78.3M	Hold	398,290	–	–	8.09%	6
2018 Q1	$69.8M	Hold	398,290	–	–	7.98%	5
2017 Q4	$60.3M	Hold	398,290	–	–	7.92%	5
2017 Q3	$56.2M	Hold	398,290	–	–	8.22%	5
2017 Q2	$48.4M	Hold	398,290	–	–	6.81%	6
2017 Q1	$44.8M	Sell	398,290 -5,400	-1%	-$592K	6.64%	6
2016 Q4	$41.7M	Hold	403,690	–	–	6.11%	7
2016 Q3	$41.1M	Hold	403,690	–	–	6.54%	6
2016 Q2	$35.5M	Hold	403,690	–	–	6.46%	6
2016 Q1	$38.1M	Hold	403,690	–	–	7.03%	5
2015 Q4	$39.3M	Hold	403,690	–	–	7.99%	5
2015 Q3	$36.4M	Buy	403,690 +8,300	+2%	+$780K	8.67%	5
2015 Q2	$37M	Buy	395,390 +83,700	+27%	+$7.68M	11.79%	5
2015 Q1	$26.9M	Buy	311,690 +52,000	+20%	+$4.51M	13.46%	4
2014 Q4	$22.4M	Buy	+259,690	New	+$21.2M	18.5%	3

Other funds holding MA

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Mastercard Foundation Asset Management (MFAM) Toronto, Ontario, Canada $33.7B AUM 8.48% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Altarock Partners's MA Position: Q1 2026 in Review

Altarock Partners reduced its Mastercard (MA) stake by 3.5% in Q1 2026, selling an estimated $10M and leaving 522,836 shares worth $261M. The position accounts for 6.33% of the portfolio, ranked #5.

Altarock Partners first reported a position in MA in Q4 2014 and has held it in 46 quarters since. The position peaked at $332M in Q3 2025. 3,600 funds tracked by Wall St. Rank hold MA as of Q1 2026.

Altarock Partners held 522,836 shares of Mastercard worth $261M as of Q1 2026.
Altarock Partners sold 19,000 Mastercard shares in Q1 2026, an estimated $10M.
Mastercard made up 6.33% of Altarock Partners's portfolio in Q1 2026, its #5 holding.
Altarock Partners first reported a position in Mastercard in Q4 2014 and has held it in 46 quarters since.
Altarock Partners's Mastercard position peaked at $332M in Q3 2025.
3,600 funds tracked by Wall St. Rank held Mastercard as of Q1 2026.

Based on Altarock Partners's 13F filing for Q1 2026, filed 15 May 2026.