Brown Capital Management’s Mastercard MA Stock Holding History

Brown Capital Management’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
2025 Q3	–	Sell	-1,768	Closed	-$994K	–	70
2025 Q2	$994K	Sell	1,768 -466	-21%	-$258K	0.03%	53
2025 Q1	$1.22M	Sell	2,234 -3,986	-64%	-$2.17M	0.04%	60
2024 Q4	$3.28M	Sell	6,220 -447	-7%	-$231K	0.08%	59
2024 Q3	$3.29M	Sell	6,667 -22	-0.3%	-$10.2K	0.07%	56
2024 Q2	$2.95M	Sell	6,689 -657	-9%	-$299K	0.06%	72
2024 Q1	$3.54M	Sell	7,346 -77	-1%	-$35.2K	0.06%	69
2023 Q4	$3.17M	Sell	7,423 -1,089	-13%	-$437K	0.05%	66
2023 Q3	$3.37M	Sell	8,512 -1,014	-11%	-$407K	0.05%	59
2023 Q2	$3.75M	Sell	9,526 -9	-0.1%	-$3.38K	0.05%	64
2023 Q1	$3.47M	Sell	9,535 -10	-0.1%	-$3.63K	0.05%	57
2022 Q4	$3.32M	Sell	9,545 -358	-4%	-$118K	0.05%	57
2022 Q3	$2.82M	Sell	9,903 -54	-0.5%	-$17.9K	0.04%	60
2022 Q2	$3.14M	Hold	9,957	–	–	0.04%	57
2022 Q1	$3.56M	Sell	9,957 -45	-0.4%	-$16.2K	0.04%	57
2021 Q4	$3.59M	Buy	10,002 +1,091	+12%	+$377K	0.03%	65
2021 Q3	$3.1M	Sell	8,911 -1,665	-16%	-$605K	0.03%	66
2021 Q2	$3.86M	Sell	10,576 -244	-2%	-$90.7K	0.03%	56
2021 Q1	$3.85M	Sell	10,820 -1,437	-12%	-$501K	0.03%	57
2020 Q4	$4.38M	Buy	12,257 +141	+1%	+$46.9K	0.03%	55
2020 Q3	$4.1M	Sell	12,116 -110	-0.9%	-$35.8K	0.03%	54
2020 Q2	$3.62M	Sell	12,226 -40	-0.3%	-$11.3K	0.03%	55
2020 Q1	$2.96M	Sell	12,266 -318	-3%	-$94.5K	0.03%	52
2019 Q4	$3.76M	Sell	12,584 -207	-2%	-$58.4K	0.04%	52
2019 Q3	$3.47M	Sell	12,791 -100	-0.8%	-$27.6K	0.03%	54
2019 Q2	$3.41M	Sell	12,891 -394	-3%	-$98.6K	0.03%	55
2019 Q1	$3.13M	Buy	13,285 +237	+2%	+$51K	0.03%	56
2018 Q4	$2.46M	Buy	13,048 +120	+0.9%	+$23.8K	0.03%	59
2018 Q3	$2.88M	Sell	12,928 -152	-1%	-$31.7K	0.03%	58
2018 Q2	$2.57M	Buy	13,080 +49	+0.4%	+$9.21K	0.03%	57
2018 Q1	$2.28M	Sell	13,031 -4,519	-26%	-$772K	0.03%	63
2017 Q4	$2.66M	Sell	17,550 -655	-4%	-$97.4K	0.03%	64
2017 Q3	$2.57M	Sell	18,205 -992	-5%	-$131K	0.03%	61
2017 Q2	$2.33M	Buy	19,197 +105	+0.5%	+$12.5K	0.03%	66
2017 Q1	$2.15M	Sell	19,092 -2,937	-13%	-$322K	0.03%	68
2016 Q4	$2.27M	Sell	22,029 -41,973	-66%	-$4.35M	0.03%	64
2016 Q3	$6.51M	Sell	64,002 -6,044	-9%	-$579K	0.1%	58
2016 Q2	$6.17M	Sell	70,046 -40,996	-37%	-$3.91M	0.1%	60
2016 Q1	$10.5M	Sell	111,042 -12,569	-10%	-$1.11M	0.17%	51
2015 Q4	$12M	Sell	123,611 -1,480	-1%	-$145K	0.19%	52
2015 Q3	$11.3M	Buy	125,091 +3,896	+3%	+$366K	0.19%	56
2015 Q2	$11.3M	Buy	121,195 +29,475	+32%	+$2.7M	0.19%	60
2015 Q1	$7.92M	Sell	91,720 -6,641	-7%	-$576K	0.13%	70
2014 Q4	$8.47M	Sell	98,361 -15,817	-14%	-$1.29M	0.15%	69
2014 Q3	$8.44M	Buy	114,178 +81,945	+254%	+$6.24M	0.15%	74
2014 Q2	$2.37M	Buy	32,233 +1,793	+6%	+$133K	0.04%	100
2014 Q1	$2.27M	Sell	30,440 -1,710	-5%	-$134K	0.04%	99
2013 Q4	$2.69M	Sell	32,150 -2,140	-6%	-$159K	0.04%	96
2013 Q3	$2.31M	Buy	34,290 +1,880	+6%	+$118K	0.04%	97
2013 Q2	$1.86M	Buy	+32,410	New	+$1.8M	0.04%	99

Other funds holding MA

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

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

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

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

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

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

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

Brown Capital Management's MA Position: Q3 2025 in Review

Brown Capital Management sold out of Mastercard (MA) in Q3 2025, closing a stake of 1,768 shares — an estimated $994K sold.

Brown Capital Management first reported a position in MA in Q2 2013 and held it in 49 quarters. The position peaked at $12M in Q4 2015. 3,505 funds tracked by Wall St. Rank hold MA as of Q3 2025.

Brown Capital Management reported no remaining Mastercard position as of Q3 2025 after selling out during the quarter.
Brown Capital Management sold 1,768 Mastercard shares in Q3 2025, an estimated $994K.
Brown Capital Management first reported a position in Mastercard in Q2 2013 and held it in 49 quarters.
Brown Capital Management's Mastercard position peaked at $12M in Q4 2015.
3,505 funds tracked by Wall St. Rank held Mastercard as of Q3 2025.

Based on Brown Capital Management's 13F filing for Q3 2025, filed 4 Nov 2025.