Fundsmith LLP: MASTERCARD INC-CLASS A (MA): Quarterly 13F Position History
As of Q2 2026, Fundsmith LLP reported 1,245,051 shares of MASTERCARD INC-CLASS A (MA), worth $639.5M and representing 4.7% of its 13F equity book. Quarter-over-quarter share count change: + 1,245,051 (re-initiated) . The position first appeared in Q1 2023 and has been disclosed across 14 13F-HR filings in Pactolio's tracked window.
- 1,245,051Shares Held (Latest Filing)
- $639.5MReported Market Value (Latest Filing)
- 4.7%Portfolio Weight (% of 13F Equity Book)
- +1,245,051Quarter-over-Quarter Share Change
- +$639.5MQuarter-over-Quarter Value Change
- 1,245,051Peak Reported Shares (Historical)
Quarterly 13F-HR Disclosure History Source: SEC 13F-HR filings, 14 quarter s
| Quarter | Shares | QoQ Share Change | Share Change (%) | Market Value | Weight | Implied Price |
|---|---|---|---|---|---|---|
| Q2 2026 | 1,245,051 | +1,245,051 | – | $639.5M | 4.7% | $513.6 |
| Q1 2026 | 0 | 0 | – | $0 | 0.0% | – |
| Q4 2025 | 0 | 0 | – | $0 | 0.0% | – |
| Q3 2025 | 0 | 27,663 | -100.0% | $0 | 0.0% | – |
| Q2 2025 | 27,663 | 21,791 | -44.1% | $15.5M | 0.1% | $561.9 |
| Q1 2025 | 49,454 | 14,579 | -22.8% | $27.1M | 0.1% | $548.1 |
| Q4 2024 | 64,033 | 957 | -1.5% | $33.7M | 0.1% | $526.6 |
| Q3 2024 | 64,990 | +710 | +1.1% | $32.1M | 0.1% | $493.8 |
| Q2 2024 | 64,280 | 169 | -0.3% | $28.4M | 0.1% | $441.2 |
| Q1 2024 | 64,449 | +772 | +1.2% | $31.0M | 0.1% | $481.6 |
| Q4 2023 | 63,677 | +919 | +1.5% | $27.2M | 0.1% | $426.5 |
| Q3 2023 | 62,758 | +424 | +0.7% | $24.8M | 0.1% | $395.9 |
| Q2 2023 | 62,334 | +20,670 | +49.6% | $24.5M | 0.1% | $393.3 |
| Q1 2023 | 41,664 | – | – | $15.1M | 0.1% | $363.4 |
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 rather than the manager's cost basis. See the full methodology document for the normalization rules.
When did Fundsmith LLP first disclose a MA position in 13F-HR filings?
Fundsmith LLP first reported MASTERCARD INC-CLASS A (MA) on its 13F-HR filing for the period ending 2023-03-31 (Q1 2023). The position has appeared on 14 reported quarters within Pactolio's tracked window.
What was Fundsmith LLP's most recent quarter-over-quarter share-count change in MA?
Between Q1 2026 and Q2 2026, Fundsmith LLP added 1,245,051 shares of MA (re-initiated), bringing the total reported position to 1,245,051 shares at a market value of $639.5M.
Does the implied price-per-share represent Fundsmith LLP'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.