AKRE CAPITAL MANAGEMENT LLC — MASTERCARD INCORPORATED MA: Quarterly 13F Position History
AKRE CAPITAL MANAGEMENT LLC has reported MASTERCARD INCORPORATED (MA) on 41 13F-HR filings in Pactolio's tracked window, first appearing in Q1 2016. As of Q1 2026, the position is sized at 2,281,106 shares ($1.14B market value, 18.64% of the equity book). Quarter-over-quarter share count change: 724,174 (-24.1%) .
- 2,281,106Shares Held (Latest Filing)
- $1.14BReported Market Value (Latest Filing)
- 18.64%Portfolio Weight (% of 13F Equity Book)
- 724,174Quarter-over-Quarter Share Change
- -$575.9MQuarter-over-Quarter Value Change
- 5,891,226Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 41 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q1 2026 | 2,281,106 | 724,174 | -24.1% | $1.14B | 18.64% | $499.66 |
| Q4 2025 | 3,005,280 | 150,314 | -4.8% | $1.72B | 18.81% | $570.88 |
| Q3 2025 | 3,155,594 | 139,692 | -4.2% | $1.79B | 17.89% | $568.81 |
| Q2 2025 | 3,295,286 | 35,790 | -1.1% | $1.85B | 18.14% | $561.94 |
| Q1 2025 | 3,331,076 | 372,663 | -10.1% | $1.83B | 17.56% | $548.12 |
| Q4 2024 | 3,703,739 | 216,853 | -5.5% | $1.95B | 16.87% | $526.57 |
| Q3 2024 | 3,920,592 | 118,757 | -2.9% | $1.94B | 16.11% | $493.80 |
| Q2 2024 | 4,039,349 | 570,943 | -12.4% | $1.78B | 15.68% | $441.16 |
| Q1 2024 | 4,610,292 | 451,542 | -8.9% | $2.22B | 18.37% | $481.57 |
| Q4 2023 | 5,061,834 | 788,927 | -13.5% | $2.16B | 18.17% | $426.51 |
| Q3 2023 | 5,850,761 | 18,698 | -0.3% | $2.32B | 21.27% | $395.91 |
| Q2 2023 | 5,869,459 | 0 | — | $2.31B | 19.24% | $393.30 |
| Q1 2023 | 5,869,459 | +3,433 | +0.1% | $2.13B | 18.79% | $363.41 |
| Q4 2022 | 5,866,026 | 25,200 | -0.4% | $2.04B | 18.46% | $347.73 |
| Q3 2022 | 5,891,226 | +27,985 | +0.5% | $1.68B | 14.79% | $284.34 |
| Q2 2022 | 5,863,241 | +8,090 | +0.1% | $1.85B | 14.82% | $315.48 |
| Q1 2022 | 5,855,151 | 6,040 | -0.1% | $2.09B | 14.48% | $357.38 |
| Q4 2021 | 5,861,191 | +2,775 | +0.0% | $2.11B | 12.22% | $359.32 |
| Q3 2021 | 5,858,416 | 8,094 | -0.1% | $2.04B | 12.54% | $347.68 |
| Q2 2021 | 5,866,510 | 5,640 | -0.1% | $2.14B | 13.19% | $365.09 |
| Q1 2021 | 5,872,150 | 8,055 | -0.1% | $2.09B | 14.20% | $356.05 |
| Q4 2020 | 5,880,205 | 1,347 | -0.0% | $2.10B | 14.18% | $356.94 |
| Q3 2020 | 5,881,552 | 2,310 | -0.0% | $1.99B | 14.02% | $338.17 |
| Q2 2020 | 5,883,862 | +97,575 | +1.7% | $1.74B | 13.11% | $295.70 |
| Q1 2020 | 5,786,287 | +459,438 | +8.6% | $1.40B | 13.58% | $241.56 |
| Q4 2019 | 5,326,849 | 295 | -0.0% | $1.59B | 14.59% | $298.59 |
| Q3 2019 | 5,327,144 | 455 | -0.0% | $1.45B | 14.26% | $271.57 |
| Q2 2019 | 5,327,599 | 316 | -0.0% | $1.41B | 14.29% | $264.53 |
| Q1 2019 | 5,327,915 | +900 | +0.0% | $1.25B | 13.24% | $235.45 |
| Q4 2018 | 5,327,015 | 150 | -0.0% | $1.00B | 12.72% | $188.65 |
| Q3 2018 | 5,327,165 | 2,506 | -0.0% | $1.19B | 13.85% | $222.61 |
| Q2 2018 | 5,329,671 | +6,890 | +0.1% | $1.05B | 13.23% | $196.52 |
| Q1 2018 | 5,322,781 | 6,276 | -0.1% | $932.3M | 12.24% | $175.16 |
| Q4 2017 | 5,329,057 | +3,973 | +0.1% | $806.6M | 11.16% | $151.36 |
| Q3 2017 | 5,325,084 | 20,315 | -0.4% | $751.9M | 10.99% | $141.20 |
| Q2 2017 | 5,345,399 | +16,216 | +0.3% | $649.2M | 10.55% | $121.45 |
| Q1 2017 | 5,329,183 | +627,792 | +13.4% | $599.4M | 9.85% | $112.47 |
| Q4 2016 | 4,701,391 | 5,697 | -0.1% | $485.4M | 8.91% | $103.25 |
| Q3 2016 | 4,707,088 | 1,550 | -0.0% | $479.0M | 9.20% | $101.77 |
| Q2 2016 | 4,708,638 | 4,873 | -0.1% | $448.5M | 8.55% | $95.24 |
| Q1 2016 | 4,713,511 | — | — | $445.4M | 9.38% | $94.50 |
Methodology & FAQ
How This Position History Is Sourced
Each row is one SEC Form 13F-HR filing disclosing this position. Share count, market value, and reported quarter are taken verbatim from the filing; portfolio weight is recomputed against the same filing's total reported equity book. Implied price-per-share is market value divided by shares — a quarter-end mark, not the manager's cost basis. See the full methodology document for the normalization rules.
When did AKRE CAPITAL MANAGEMENT LLC first disclose a MA position in 13F-HR filings?
AKRE CAPITAL MANAGEMENT LLC first reported MASTERCARD INCORPORATED (MA) on its 13F-HR filing for the period ending 2016-03-31 (Q1 2016). The position has appeared on 41 reported quarters within Pactolio's tracked window.
What was AKRE CAPITAL MANAGEMENT LLC's most recent quarter-over-quarter share-count change in MA?
Between Q4 2025 and Q1 2026, AKRE CAPITAL MANAGEMENT LLC reduced its MA position by 724,174 shares (-24.1%), leaving 2,281,106 shares at a market value of $1.14B.
Does the implied price-per-share represent AKRE CAPITAL MANAGEMENT LLC's cost basis in MA?
No. The implied price-per-share column is the 13F-HR reported market value divided by reported share count on the filing date (end of quarter). It is a quarter-end mark, not a cost basis or transaction price. Use it as a sanity check on the value column, not as an indicator of the manager's entry or exit price.