State of Tennessee, Department of Treasury’s Mastercard MA Stock Holding History

State of Tennessee, Department of Treasury’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	$143M	Sell	287,108 -2,555	-0.9%	-$1.35M	0.48%	34
2025 Q4	$156M	Buy	289,663 +5,425	+2%	+$3.03M	0.5%	33
2025 Q3	$162M	Buy	284,238 +303	+0.1%	+$174K	0.54%	32
2025 Q2	$160M	Buy	283,935 +640	+0.2%	+$354K	0.57%	30
2025 Q1	$155M	Sell	283,295 -12,733	-4%	-$6.93M	0.6%	30
2024 Q4	$156M	Sell	296,028 -13,075	-4%	-$6.77M	0.57%	31
2024 Q3	$153M	Sell	309,103 -12,684	-4%	-$5.9M	0.54%	33
2024 Q2	$142M	Sell	321,787 -10,894	-3%	-$4.96M	0.52%	33
2024 Q1	$160M	Sell	332,681 -8,463	-2%	-$3.87M	0.59%	31
2023 Q4	$146M	Sell	341,144 -1,034	-0.3%	-$415K	0.57%	33
2023 Q3	$135M	Sell	342,178 -147,006	-30%	-$59M	0.55%	34
2023 Q2	$192M	Buy	489,184 +21,519	+5%	+$8.07M	0.81%	25
2023 Q1	$170M	Buy	467,665 +16,992	+4%	+$6.17M	0.75%	27
2022 Q4	$157M	Sell	450,673 -40,361	-8%	-$13.3M	0.73%	27
2022 Q3	$140M	Buy	491,034 +28,000	+6%	+$9.28M	0.68%	26
2022 Q2	$146M	Buy	463,034 +3,946	+0.9%	+$1.36M	0.68%	27
2022 Q1	$164M	Sell	459,088 -8,771	-2%	-$3.15M	0.63%	28
2021 Q4	$168M	Buy	467,859 +45,213	+11%	+$15.6M	0.62%	29
2021 Q3	$147M	Sell	422,646 -2,488	-0.6%	-$905K	0.57%	33
2021 Q2	$155M	Sell	425,134 -16,345	-4%	-$6.08M	0.59%	32
2021 Q1	$157M	Sell	441,479 -16,665	-4%	-$5.81M	0.64%	24
2020 Q4	$164M	Sell	458,144 -114,542	-20%	-$38.1M	0.69%	23
2020 Q3	$194M	Buy	572,686 +26,866	+5%	+$8.74M	0.9%	16
2020 Q2	$161M	Sell	545,820 -14,825	-3%	-$4.18M	0.79%	21
2020 Q1	$135M	Buy	560,645 +21,444	+4%	+$6.38M	0.76%	21
2019 Q4	$161M	Sell	539,201 -10,074	-2%	-$2.84M	0.71%	22
2019 Q3	$149M	Buy	549,275 +35,455	+7%	+$9.77M	0.69%	26
2019 Q2	$136M	Buy	513,820 +138,501	+37%	+$34.7M	0.67%	29
2019 Q1	$88.4M	Sell	375,319 -18,233	-5%	-$3.92M	0.44%	47
2018 Q4	$74.2M	Buy	393,552 +76,120	+24%	+$15.1M	0.4%	53
2018 Q3	$70.7M	Sell	317,432 -5,913	-2%	-$1.23M	0.34%	64
2018 Q2	$63.5M	Sell	323,345 -29,047	-8%	-$5.46M	0.32%	75
2018 Q1	$61.7M	Sell	352,392 -5,526	-2%	-$945K	0.32%	77
2017 Q4	$54.2M	Buy	357,918 +10,711	+3%	+$1.59M	0.24%	106
2017 Q3	$49M	Sell	347,207 -76,477	-18%	-$10.1M	0.25%	102
2017 Q2	$51.5M	Buy	423,684 +75,209	+22%	+$8.92M	0.25%	99
2017 Q1	$39.2M	Sell	348,475 -178,558	-34%	-$19.6M	0.18%	134
2016 Q4	$54.4M	Buy	527,033 +105,010	+25%	+$10.9M	0.29%	79
2016 Q3	$43M	Sell	422,023 -139,842	-25%	-$13.4M	0.21%	119
2016 Q2	$49.5M	Sell	561,865 -80,029	-12%	-$7.64M	0.25%	100
2016 Q1	$60.7M	Sell	641,894 -34,333	-5%	-$3.04M	0.35%	62
2015 Q4	$65.8M	Sell	676,227 -14,000	-2%	-$1.37M	0.39%	60
2015 Q3	$62.2M	Sell	690,227 -31,598	-4%	-$2.97M	0.38%	60
2015 Q2	$67.5M	Buy	721,825 +82,463	+13%	+$7.57M	0.37%	61
2015 Q1	$55.2M	Sell	639,362 -184,421	-22%	-$16M	0.29%	83
2014 Q4	$71M	Buy	823,783 +79,300	+11%	+$6.47M	0.38%	62
2014 Q3	$55M	Sell	744,483 -144,480	-16%	-$11M	0.31%	83
2014 Q2	$65.3M	Sell	888,963 -101,010	-10%	-$7.5M	0.37%	63
2014 Q1	$74M	Sell	989,973 -7,027	-0.7%	-$549K	0.43%	55
2013 Q4	$83.3M	Sell	997,000 -229,030	-19%	-$17M	0.48%	45
2013 Q3	$82.5M	Buy	+1,226,030	New	+$77M	0.5%	43

Other funds holding MA

BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return

Mastercard Foundation Asset Management (MFAM) Toronto, Ontario, Canada $32.1B AUM 8.22% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return

JP Morgan Chase New York $1.81T AUM 41.13% 1-Year Est. Return

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

Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 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

State of Tennessee, Department of Treasury's MA Position: Q1 2026 in Review

State of Tennessee, Department of Treasury reduced its Mastercard (MA) stake by 0.88% in Q1 2026, selling an estimated $1.35M and leaving 287,108 shares worth $143M. The position accounts for 0.48% of the portfolio, ranked #34.

State of Tennessee, Department of Treasury first reported a position in MA in Q3 2013 and has held it in 51 quarters since. The position peaked at $194M in Q3 2020. 3,614 funds tracked by Wall St. Rank hold MA as of Q1 2026.

State of Tennessee, Department of Treasury held 287,108 shares of Mastercard worth $143M as of Q1 2026.
State of Tennessee, Department of Treasury sold 2,555 Mastercard shares in Q1 2026, an estimated $1.35M.
Mastercard made up 0.48% of State of Tennessee, Department of Treasury's portfolio in Q1 2026, its #34 holding.
State of Tennessee, Department of Treasury first reported a position in Mastercard in Q3 2013 and has held it in 51 quarters since.
State of Tennessee, Department of Treasury's Mastercard position peaked at $194M in Q3 2020.
3,614 funds tracked by Wall St. Rank held Mastercard as of Q1 2026.

Based on State of Tennessee, Department of Treasury's 13F filing for Q1 2026, filed 15 May 2026.