# Mastercard (MA): value investors who own it | moatshark

20 value investors held Mastercard in their Q3 2026 13F, led by Akre Capital Management, Valley Forge Capital Management, AltaRock Partners, Gardner…

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Akre Capital Management | 19.9% | $1.0bn | Trimmed -13% | 53 |
| Valley Forge Capital Management | 17.6% | $547m | Trimmed -28% | 39 |
| AltaRock Partners | 9.3% | $393m | Added +46% | 47 |
| Gardner Russo & Quinn | 8.8% | $782m | Trimmed -2.1% | 34 |
| Vulcan Value Partners | 7.9% | $258m | Added +31% | 53 |
| Pershing Square | 5.6% | $1.1bn | New | 1 |
| Weitz Investment Management | 5.2% | $74.7m | Trimmed -1.1% | 47 |
| Polen Capital Management | 5.0% | $587m | Trimmed -26% | 53 |
| Fundsmith | 4.7% | $639m | New | 1 |
| Jensen Investment Management | 4.3% | $179m | Trimmed -29% | 44 |
| AKO Capital | 2.3% | $97.6m | Added +22% | 3 |
| Troy Asset Management | 2.0% | $71.2m | Added +8.0% | 27 |
| Markel Group | 0.8% | $107m | Unchanged | 53 |
| Giverny Capital | 0.5% | $14.8m | Added +2.7% | 46 |
| Horizon Kinetics | 0.1% | $9.1m | Trimmed -9.4% | 30 |
| Harris Associates (Oakmark) | 0.1% | $51.9m | Trimmed -15% | 53 |
| Yacktman Asset Management | 0.1% | $6.0m | Unchanged | 26 |
| Semper Augustus | 0.0% | $338k | Unchanged | 2 |
| Brave Warrior Advisors | 0.0% | $602k | Added +178% | 8 |
| Mairs & Power | 0.0% | $203k | Trimmed -24% | 35 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-10-16 | Ling Hai | Chief Financial Officer | Sold | 4317 | $2.7m |
| 2026-10-12 | GENACHOWSKI JULIUS | Director | Sold | 370 | $218k |
| 2026-10-09 | GENACHOWSKI JULIUS | Director | Sold | 370 | $216k |
| 2026-10-09 | GENACHOWSKI JULIUS | Director | Sold | 1 | $1k |
| 2026-09-02 | SACHIN J. MEHRA | Chief Business Officer | Sold | 3266 | $1.9m |
| 2026-08-31 | Kirkpatrick Linda Pistecchia | Chief Services Officer | Sold | 923 | $548k |
| 2026-08-20 | SACHIN J. MEHRA | Chief Business Officer | Sold | 1000 | $572k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 1280 | $738k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 1168 | $672k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 1150 | $661k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 966 | $554k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 840 | $489k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 732 | $425k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 628 | $363k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 400 | $232k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 160 | $93k |
| 2026-08-19 | SACHIN J. MEHRA | Chief Business Officer | Sold | 120 | $69k |
| 2026-08-17 | Kirkpatrick Linda Pistecchia | Chief Services Officer | Sold | 1191 | $673k |
| 2026-08-05 | Miebach Michael | President & CEO | Sold | 15372 | $8.8m |
| 2026-08-05 | SACHIN J. MEHRA | Chief Business Officer | Sold | 880 | $503k |

## Fund holders

| Fund | Manager | Weight | Value | As at |
| --- | --- | --- | --- | --- |
| Akre Focus ETF | Akre Capital Management | 14.2% | $748m | 2026-07-31 |
| Vulcan Value Partners Fund | Vulcan Value Partners | 6.6% | $15.0m | 2026-07-31 |
| Weitz Large Cap Equity Fund | Weitz Investment Management | 5.0% | $30.9m | 2026-06-30 |
| Jensen Quality Growth Fund | Jensen Investment Management | 4.9% | $146m | 2026-05-31 |
| Polen Global Growth Fund | Polen Capital Management | 4.8% | $5.4m | 2026-07-31 |
| Weitz Partners Value Fund | Weitz Investment Management | 4.7% | $23.1m | 2026-06-30 |
| Weitz Partners III Opportunity Fund | Weitz Investment Management | 4.6% | $15.4m | 2026-06-30 |
| Fundsmith Equity ETF | Fundsmith | 4.0% | $314k | 2026-06-30 |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/ma). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.