Cliff Asness's MA Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 849,404 shares of Mastercard Incorporated (MA) worth $484.91 M, representing 0.25% of the portfolio. First purchased in 2012-Q4, this long-term strategic position has been held for 53 quarters.
Based on 13F filings since 2013, Cliff Asness has maintained a long-term strategic position in MA, representing a significant commitment to this investment thesis. Largest addition occurred in Q1 2014, adding 1.42 M shares. Largest reduction occurred in Q4 2014, reducing 797,091 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Mastercard Incorporated (MA) Holding Value Over Time
Track share changes against reported price movement
Quarterly Mastercard Incorporated (MA) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -11,889 | Reduce 1.38% | 849,404 | $570.88 |
| Q3 2025 | +208,030 | Add 31.84% | 861,293 | $568.81 |
| Q2 2025 | +156,096 | Add 31.40% | 653,263 | $555.83 |
| Q1 2025 | +30,070 | Add 6.44% | 497,167 | $533.62 |
| Q4 2024 | -25,619 | Reduce 5.20% | 467,097 | $526.57 |
| Q3 2024 | +38,533 | Add 8.48% | 492,716 | $493.53 |
| Q2 2024 | +79,418 | Add 21.19% | 454,183 | $441.16 |
| Q1 2024 | -16,936 | Reduce 4.32% | 374,765 | $480.66 |
| Q4 2023 | -67,075 | Reduce 14.62% | 391,701 | $426.51 |
| Q3 2023 | -39,858 | Reduce 7.99% | 458,776 | $395.91 |
| Q2 2023 | -164,829 | Reduce 24.84% | 498,634 | $390.62 |
| Q1 2023 | -16,712 | Reduce 2.46% | 663,463 | $362.55 |
| Q4 2022 | -5,783 | Reduce 0.84% | 680,175 | $344.92 |
| Q3 2022 | +257,027 | Add 59.92% | 685,958 | $284.34 |
| Q2 2022 | +25,296 | Add 6.27% | 428,931 | $310.91 |
| Q1 2022 | -64,517 | Reduce 13.78% | 403,635 | $357.38 |
| Q4 2021 | +796 | Add 0.17% | 468,152 | $359.32 |
| Q3 2021 | -129,734 | Reduce 21.73% | 467,356 | $347.68 |
| Q2 2021 | -164,788 | Reduce 21.63% | 597,090 | $365.09 |
| Q1 2021 | -289,397 | Reduce 27.53% | 761,878 | $356.05 |
| Q4 2020 | -74,907 | Reduce 6.65% | 1.05 M | $356.94 |
| Q3 2020 | -323,606 | Reduce 22.32% | 1.13 M | $338.17 |
| Q2 2020 | -238,754 | Reduce 14.14% | 1.45 M | $292.98 |
| Q1 2020 | -206,703 | Reduce 10.91% | 1.69 M | $241.56 |
| Q4 2019 | +30,302 | Add 1.62% | 1.9 M | $298.59 |
| Q3 2019 | -268,805 | Reduce 12.60% | 1.86 M | $271.57 |
| Q2 2019 | +37,186 | Add 1.77% | 2.13 M | $264.53 |
| Q1 2019 | +349,389 | Add 20.00% | 2.1 M | $235.45 |
| Q4 2018 | +115,915 | Add 7.11% | 1.75 M | $188.65 |
| Q3 2018 | +374,529 | Add 29.80% | 1.63 M | $222.61 |
| Q2 2018 | +266,521 | Add 26.92% | 1.26 M | $196.52 |
| Q1 2018 | +196,616 | Add 24.78% | 990,208 | $175.16 |
| Q4 2017 | +306,682 | Add 62.99% | 793,592 | $151.36 |
| Q3 2017 | +6,417 | Add 1.34% | 486,910 | $141.20 |
| Q2 2017 | -126,722 | Reduce 20.87% | 480,493 | $121.45 |
| Q1 2017 | +129,919 | Add 27.22% | 607,215 | $112.47 |
| Q4 2016 | +198,893 | Add 71.44% | 477,296 | $103.25 |
| Q3 2016 | -76,186 | Reduce 21.49% | 278,403 | $101.77 |
| Q2 2016 | -221,884 | Reduce 38.49% | 354,589 | $88.06 |
| Q1 2016 | -118,415 | Reduce 17.04% | 576,473 | $94.50 |
| Q4 2015 | +10,936 | Add 1.60% | 694,888 | $97.36 |
| Q3 2015 | +278,127 | Add 68.53% | 683,952 | $90.12 |
| Q2 2015 | +90,069 | Add 28.52% | 405,825 | $93.48 |
| Q1 2015 | -214,889 | Reduce 40.50% | 315,756 | $86.39 |
| Q4 2014 | -797,091 | Reduce 60.03% | 530,645 | $86.16 |
| Q3 2014 | -787,104 | Reduce 37.22% | 1.33 M | $73.92 |
| Q2 2014 | +136,700 | Add 6.91% | 2.11 M | $73.47 |
| Q1 2014 | +1.42 M | Add 252.25% | 1.98 M | $74.70 |
| Q4 2013 | +286,140 | Add 103.89% | 561,570 | $83.55 |
| Q3 2013 | +102,700 | Add 59.46% | 275,430 | $67.28 |
| Q2 2013 | +172,730 | Add 0.00% | 172,730 | $57.45 |
| Q4 2012 | +318,430 | Add 0.00% | 318,430 | $49.13 |
Cliff Asness's Mastercard Incorporated Investment FAQs
Cliff Asness first purchased Mastercard Incorporated (MA) in Q4 2012, acquiring 318,430 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Mastercard Incorporated (MA) for 53 quarters since Q4 2012.
Cliff Asness's largest addition to Mastercard Incorporated (MA) was in Q1 2014, adding 1,978,140 shares worth $147.77 M.
According to the latest 13F filing for Q4 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 849,404 shares of Mastercard Incorporated (MA), valued at approximately $484.91 M.
As of the Q4 2025 filing, Mastercard Incorporated (MA) represents approximately 0.25% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Mastercard Incorporated (MA) was 2,133,748 shares, as reported at the end of Q2 2019.