Mastercard Incorporated
MX ˙ BMV ˙ US57636Q1040
SecurityMX:MA / Mastercard Incorporated
InstitutionMagellan Asset Management Ltd
ManagerHamish Douglass
Latest Disclosed Ownership584,990 shares
Latest Disclosed Value $ 292,296,103
Magellan Asset Management Ltd reports 7.35% decrease in ownership of MA / Mastercard Incorporated

On May 11, 2026 - Magellan Asset Management Ltd filed a 13F-HR form disclosing ownership of 584,990 shares of Mastercard Incorporated (MX:MA) valued at $292,296,103 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 10, 2026 disclosing 631,398 shares of Mastercard Incorporated. This represents a change in shares of -7.35% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-11 2026-03-31 13F MASTERCARD CL A 57636Q104 584,990 -46,408 -7.35 292,296 -18.91 3.7922
2026-02-10 2025-12-31 13F MASTERCARD CL A 57636Q104 631,398 -20,811 -3.19 360,452 -2.84 4.3816
2025-11-10 2025-09-30 13F MASTERCARD CL A 57636Q104 652,209 -4,551 -0.69 370,983 0.52 4.3937
2025-08-07 2025-06-30 13F MASTERCARD CL A 57636Q104 656,760 -43,105 -6.16 369,060 -3.79 4.2186
2025-05-12 2025-03-31 13F MASTERCARD CL A 57636Q104 699,865 -47,299 -6.33 383,610 -2.50 4.6640
2025-02-12 2024-12-31 13F MASTERCARD CL A 57636Q104 747,164 69,457 10.25 393,434 17.57 4.3223
2024-11-14 2024-09-30 13F MASTERCARD CL A 57636Q104 677,707 -140,342 -17.16 334,652 -7.27 3.3317
2024-08-13 2024-06-30 13F MASTERCARD CL A 57636Q104 818,049 -20,881 -2.49 360,890 -10.67 3.4357
2024-05-14 2024-03-31 13F MASTERCARD CL A 57636Q104 838,930 -145,684 -14.80 404,004 -3.80 3.8589
2024-02-13 2023-12-31 13F MASTERCARD CL A 57636Q104 984,614 -29,914 -2.95 419,948 4.55 4.1840
2023-11-13 2023-09-30 13F MASTERCARD CL A 57636Q104 1,014,528 -221,898 -17.95 401,662 -17.40 4.2686
2023-08-11 2023-06-30 13F MASTERCARD CL A 57636Q104 1,236,426 -183,180 -12.90 486,286 -5.74 4.3274
2023-05-12 2023-03-31 13F MASTERCARD CL A 57636Q104 1,419,606 -222,649 -13.56 515,899 -9.66 4.4056
2023-02-13 2022-12-31 13F MASTERCARD CL A 57636Q104 1,642,255 -1,207,017 -42.36 571,061 -29.51 4.8857
2022-11-10 2022-09-30 13F MASTERCARD CL A 57636Q104 2,849,272 -728,507 -20.36 810,162 -28.22 5.6625
2022-08-12 2022-06-30 13F MASTERCARD CL A 57636Q104 3,577,779 -329,776 -8.44 1,128,718 -19.17 6.1607
2022-05-13 2022-03-31 13F MASTERCARD CL A 57636Q104 3,907,555 -822,906 -17.40 1,396,482 -17.84 5.4072
2022-02-11 2021-12-31 13F MASTERCARD CL A 57636Q104 4,730,461 -986,895 -17.26 1,699,749 -14.49 4.3298
2021-11-04 2021-09-30 13F MASTERCARD CL A 57636Q104 5,717,356 -135,118 -2.31 1,987,810 -6.97 3.9719
2021-08-12 2021-06-30 13F MASTERCARD CL A 57636Q104 5,852,474 -17,308 -0.29 2,136,680 2.24 4.2292
2021-05-13 2021-03-31 13F MASTERCARD CL A 57636Q104 5,869,782 1,850,331 46.03 2,089,936 45.67 4.3720
2021-02-11 2020-12-31 13F MASTERCARD CL A 57636Q104 4,019,451 8,438 0.21 1,434,703 5.77 3.3186
2020-11-12 2020-09-30 13F MASTERCARD CL A 57636Q104 4,011,013 -366,663 -8.38 1,356,404 4.78 3.4605
2020-08-14 2020-06-30 13F MASTERCARD CL A 57636Q104 4,377,676 -827,428 -15.90 1,294,479 2.95 3.8775
2020-05-14 2020-03-31 13F MASTERCARD CL A 57636Q104 5,205,104 -1,482,778 -22.17 1,257,345 -37.04 4.3284
2020-02-13 2019-12-31 13F MASTERCARD CL A 57636Q104 6,687,882 30,367 0.46 1,996,935 10.45 5.2588
2019-11-13 2019-09-30 13F MASTERCARD CL A 57636Q104 6,657,515 -697,100 -9.48 1,807,981 -7.07 5.1973
2019-08-13 2019-06-30 13F MASTERCARD CL A 57636Q104 7,354,615 17,217 0.23 1,945,516 12.61 5.5994
2019-05-14 2019-03-31 13F MASTERCARD CL A 57636Q104 7,337,398 154,144 2.15 1,727,590 27.49 5.4826
2019-03-11 2018-12-31 13F/A-1 MASTERCARD CL A 57636Q104 7,183,254 -98,028 -1.35 1,355,121 -16.40 4.9796
2019-02-14 2018-12-31 13F MASTERCARD CL A 57636Q104 7,183,254 -98,028 1,355,121
2018-11-14 2018-09-30 13F MASTERCARD CL A 57636Q104 7,281,282 -84,543 -1.15 1,620,886 11.98 5.3001
2018-08-13 2018-06-30 13F MASTERCARD CL A 57636Q104 7,365,825 -509,755 -6.47 1,447,532 4.93 5.0780
2018-05-15 2018-03-31 13F MASTERCARD CL A 57636Q104 7,875,580 -510,069 -6.08 1,379,487 8.69 5.0905
2018-02-14 2017-12-31 13F MASTERCARD CL A 57636Q104 8,385,649 388,146 4.85 1,269,252 12.40 4.2188
2017-11-13 2017-09-30 13F MASTERCARD CL A 57636Q104 7,997,503 -26,559 -0.33 1,129,247 15.88 4.2542
2017-08-11 2017-06-30 13F MASTERCARD CL A 57636Q104 8,024,062 -35,218 -0.44 974,522 7.56 4.0882
2017-05-16 2017-03-31 13F MASTERCARD CL A 57636Q104 8,059,280 -52,760 -0.65 906,000 8.17 3.9991
2017-02-15 2016-12-31 13F MASTERCARD CL A 57636Q104 8,112,040 514,567 6.77 837,568 8.33 3.9291
2016-11-14 2016-09-30 13F MASTERCARD CL A 57636Q104 7,597,473 171,451 2.31 773,195 18.24 3.8767
2016-08-19 2016-06-30 13F MASTERCARD CLASS A 57636Q104 7,426,022 106,320 1.45 653,935 -5.46 3.6704
2016-05-13 2016-03-31 13F MASTERCARD CLASS A 57636Q104 7,319,702 212,496 2.99 691,712 -0.04 3.7286
2016-02-11 2015-12-31 13F MASTERCARD CLASS A 57636Q104 7,107,206 192,987 2.79 691,958 11.05 3.8751
2015-11-10 2015-09-30 13F MASTERCARD CLASS A 57636Q104 6,914,219 43,495 0.63 623,109 -2.98 3.9121
2015-08-13 2015-06-30 13F MASTERCARD CLASS A 57636Q104 6,870,724 19,960 0.29 642,275 8.52 4.0320
2015-05-12 2015-03-31 13F MASTERCARD CLASS A 57636Q104 6,850,764 313,920 4.80 591,838 5.08 3.8110
2015-02-12 2014-12-31 13F MASTERCARD CLASS A 57636Q104 6,536,844 468,837 7.73 563,214 25.56 4.0115
2014-11-13 2014-09-30 13F MASTERCARD CLASS A 57636Q104 6,068,007 -599,977 -9.00 448,547 -8.44 3.5299
2014-08-12 2014-06-30 13F MASTERCARD CLASS A 57636Q104 6,667,984 150,883 2.32 489,897 0.63 3.6920
2014-05-14 2014-03-31 13F MASTERCARD CLASS A 57636Q104 6,517,101 5,902,435 960.27 486,827 -5.20 3.8287
2014-02-11 2013-12-31 13F MASTERCARD CLASS A 57636Q104 614,666 40,779 7.11 513,529 33.00 4.2380
2013-11-13 2013-09-30 13F MASTERCARD CLASS A 57636Q104 573,887 23,664 4.30 386,100 22.14 4.1541
2013-08-21 2013-06-30 13F MASTERCARD CLASS A 57636Q104 550,223 550,223 316,103 3.5253
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.