MA · News · 20260828N

Institutional Stake Change

Mastercard Inc · 2026-08-28 · Importance 20 · Surprise 24

Pershing Square disclosed a new Mastercard stake of approximately $1.1 billion as of June 30, 2026. The investment was part of a simultaneous purchase of roughly $1.1 billion each in Mastercard, Visa, and S&P Global. The three holdings represented approximately 17% of Pershing Square’s $19.5 billion U.S. stock portfolio. The disclosure indicates a material change in institutional ownership, but the reporting did not specify Mastercard’s share count or investment thesis beyond the portfolio allocation.

Key facts

• The positions in Visa, Mastercard, and S&P Global combined accounted for about 17% of Pershing Square's $19.5 billion U.S. stock portfolio. source