Mastercard
3,731 hedge funds and large institutions have $524B invested in Mastercard in 2025 Q4 according to their latest regulatory filings, with 412 funds opening new positions, 1,405 increasing their positions, 1,440 reducing their positions, and 120 closing their positions.
243% more first-time investments, than exits
New positions opened: 412 | Existing positions closed: 120
18% more capital invested
Capital invested by funds: $445B → $524B (+$78.5B)
9.63% more ownership
Funds ownership: 87.24% → 96.87% (+9.6%)
6% more funds holding
Funds holding: 3,507 → 3,731 (+224)
1% more funds holding in top 10
Funds holding in top 10: 293 → 295 (+2)
2% less repeat investments, than reductions
Existing positions increased: 1,405 | Existing positions reduced: 1,440
26% less call options, than puts
Call options by funds: $2.87B | Put options by funds: $3.89B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSC
J. Stern & Co
London,
United Kingdom
|
+$40.5B |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
+$669M |
| 3 |
Corient Private Wealth
Miami,
Florida
|
+$443M |
| 4 |
SCP
Soroban Capital Partners
New York
|
+$442M |
| 5 |
Assenagon Asset Management
Senningerberg,
Luxembourg
|
+$430M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
-$1.04B |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$945M |
| 3 |
Capital World Investors
Los Angeles,
California
|
-$825M |
| 4 |
Franklin Resources
San Mateo,
California
|
-$647M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
-$569M |
MA Hedge Fund Activity: Q4 2025 in Review
3,731 of the 8,257 institutional investors tracked by Wall St. Rank reported a position in Mastercard (MA) for Q4 2025, worth a combined $524B — up 18% from $445B a quarter earlier.
Buyers outnumbered sellers: 412 funds opened new MA positions and 120 closed out — a net gain of 292 holders — while 1,405 added to existing stakes and 1,440 trimmed.
The largest buyer was J. Stern & Co, adding an estimated $40.5B. The largest seller was BlackRock, cutting an estimated $1.04B.
- 3,731 institutional investors held Mastercard (MA) as of Q4 2025, up from 3,507 in Q3 2025.
- Funds reported $524B of Mastercard stock for Q4 2025, up 18% quarter-over-quarter.
- 412 funds opened new Mastercard positions in Q4 2025 and 120 closed out, a net change of +292 holders.
- The largest Mastercard buyer in Q4 2025 was J. Stern & Co, an estimated $40.5B added.
- The largest Mastercard seller in Q4 2025 was BlackRock, an estimated $1.04B sold.
Based on aggregated 13F filings for Q4 2025.