TRB Advisors’s Mastercard MA Stock Holding History

TRB Advisors’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 Q4	–	Sell	-10,000	Closed	-$5.69M	–	13
2025 Q3	$5.69M	Hold	10,000	–	–	1.15%	8
2025 Q2	$5.62M	Buy	+10,000	New	+$5.53M	1.35%	9
2023 Q2	–	Sell	-10,000	Closed	-$3.63M	–	7
2023 Q1	$3.63M	Buy	+10,000	New	+$3.63M	1.69%	9
2021 Q1	–	Sell	-25,000	Closed	-$8.92M	–	13
2020 Q4	$8.92M	Buy	+25,000	New	+$8.32M	4%	8
2020 Q2	–	Sell	-40,000	Closed	-$9.66M	–	9
2020 Q1	$9.66M	Sell	40,000 -25,000	-38%	-$7.43M	6.95%	6
2019 Q4	$19.4M	Buy	65,000 +25,000	+63%	+$7.05M	8.22%	6
2019 Q3	$10.9M	Hold	40,000	–	–	9.03%	5
2019 Q2	$10.6M	Sell	40,000 -155,000	-79%	-$38.8M	8.6%	5
2019 Q1	$45.9M	Buy	195,000 +175,000	+875%	+$37.6M	13.74%	4
2018 Q4	$3.77M	Sell	20,000 -155,000	-89%	-$30.8M	5.95%	6
2018 Q3	$39M	Buy	175,000 +85,000	+94%	+$17.7M	11.5%	5
2018 Q2	$17.7M	Buy	90,000 +70,000	+350%	+$13.2M	8.25%	6
2018 Q1	$3.5M	Sell	20,000 -160,000	-89%	-$27.3M	7.3%	6
2017 Q4	$27.2M	Sell	180,000 -104,000	-37%	-$15.5M	19.38%	2
2017 Q3	$40.1M	Buy	284,000 +184,000	+184%	+$24.3M	29.69%	2
2017 Q2	$12.1M	Buy	+100,000	New	+$11.9M	8.52%	4

Other funds holding MA

JSC

J. Stern & Co London, United Kingdom $1.03B AUM 20.71% 1-Year Est. Return

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

TRB Advisors's MA Position: Q4 2025 in Review

TRB Advisors sold out of Mastercard (MA) in Q4 2025, closing a stake of 10,000 shares — an estimated $5.69M sold.

TRB Advisors first reported a position in MA in Q2 2017 and held it in 16 quarters. The position peaked at $45.9M in Q1 2019. 3,722 funds tracked by Wall St. Rank hold MA as of Q4 2025.

TRB Advisors reported no remaining Mastercard position as of Q4 2025 after selling out during the quarter.
TRB Advisors sold 10,000 Mastercard shares in Q4 2025, an estimated $5.69M.
TRB Advisors first reported a position in Mastercard in Q2 2017 and held it in 16 quarters.
TRB Advisors's Mastercard position peaked at $45.9M in Q1 2019.
3,722 funds tracked by Wall St. Rank held Mastercard as of Q4 2025.

Based on TRB Advisors's 13F filing for Q4 2025, filed 9 Feb 2026.