Murray Stahl's MA Position Overview
Murray Stahl (via Horizon Kinetics Asset Management LLC) currently holds 19,579 shares of Mastercard Incorporated (MA) worth $11.18 M, representing 0.15% of the portfolio. First purchased in 2013-Q2, this long-term strategic position has been held for 51 quarters.
Based on 13F filings since 2013, Murray Stahl has maintained a long-term strategic position in MA, representing a significant commitment to this investment thesis. Largest addition occurred in Q4 2013, adding 3.07 M shares. Largest reduction occurred in Q1 2014, reducing 3.1 M shares.
Analysis based on 13F filings available since 2013 Q2
Murray Stahl's Mastercard Incorporated (MA) Holding Value Over Time
Track share changes against reported price movement
Quarterly Mastercard Incorporated (MA) Trades by Murray Stahl
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q4 2025 | -51 | Reduce 0.26% | 19,579 | $570.87 |
| Q3 2025 | -327 | Reduce 1.64% | 19,630 | $568.80 |
| Q2 2025 | +327 | Add 1.67% | 19,957 | $561.93 |
| Q1 2025 | +339 | Add 1.76% | 19,630 | $548.11 |
| Q4 2024 | -347 | Reduce 1.77% | 19,291 | $526.56 |
| Q3 2024 | -1,490 | Reduce 7.05% | 19,638 | $493.79 |
| Q2 2024 | -111 | Reduce 0.52% | 21,128 | $441.15 |
| Q1 2024 | -617 | Reduce 2.82% | 21,239 | $481.56 |
| Q4 2023 | -10,874 | Reduce 33.22% | 21,856 | $426.50 |
| Q3 2023 | -60 | Reduce 0.18% | 32,730 | $395.90 |
| Q2 2023 | -297 | Reduce 0.90% | 32,790 | $393.29 |
| Q1 2023 | +115 | Add 0.35% | 33,087 | $363.40 |
| Q4 2022 | -480 | Reduce 1.43% | 32,972 | $347.73 |
| Q3 2022 | -424 | Reduce 1.25% | 33,452 | $284.35 |
| Q2 2022 | -4,707 | Reduce 12.20% | 33,876 | $315.47 |
| Q1 2022 | -1,048 | Reduce 2.64% | 38,583 | $357.39 |
| Q4 2021 | -99 | Reduce 0.25% | 39,631 | $359.31 |
| Q3 2021 | -1,329 | Reduce 3.24% | 39,730 | $347.67 |
| Q2 2021 | -426 | Reduce 1.03% | 41,059 | $365.08 |
| Q1 2021 | -3,831 | Reduce 8.45% | 41,485 | $356.06 |
| Q4 2020 | -4,382 | Reduce 8.82% | 45,316 | $356.94 |
| Q3 2020 | -1,647 | Reduce 3.21% | 49,698 | $338.16 |
| Q2 2020 | -13,071 | Reduce 20.29% | 51,345 | $295.71 |
| Q1 2020 | -4,415 | Reduce 6.41% | 64,416 | $241.55 |
| Q4 2019 | -3,172 | Reduce 4.41% | 68,831 | $298.59 |
| Q3 2019 | -1,106 | Reduce 1.51% | 72,003 | $271.57 |
| Q2 2019 | -1,516 | Reduce 2.03% | 73,109 | $264.54 |
| Q1 2019 | -843 | Reduce 1.12% | 74,625 | $235.44 |
| Q4 2018 | -1,338 | Reduce 1.74% | 75,468 | $188.65 |
| Q3 2018 | +813 | Add 1.07% | 76,806 | $222.61 |
| Q2 2018 | -5,587 | Reduce 6.85% | 75,993 | $196.52 |
| Q1 2018 | +11,428 | Add 16.29% | 81,580 | $175.15 |
| Q4 2017 | -2,719 | Reduce 3.73% | 70,152 | $151.36 |
| Q3 2017 | -1,743 | Reduce 2.34% | 72,871 | $141.19 |
| Q2 2017 | -1,027 | Reduce 1.36% | 74,614 | $121.44 |
| Q1 2017 | -4,402 | Reduce 5.50% | 75,641 | $112.47 |
| Q4 2016 | -4,470 | Reduce 5.29% | 80,043 | $103.24 |
| Q3 2016 | -1,220 | Reduce 1.42% | 84,513 | $101.77 |
| Q2 2016 | -4,923 | Reduce 5.43% | 85,733 | $88.06 |
| Q1 2016 | -9,659 | Reduce 9.63% | 90,656 | $94.50 |
| Q4 2015 | -1,565 | Reduce 1.54% | 100,315 | $97.36 |
| Q3 2015 | -83,859 | Reduce 45.15% | 101,880 | $90.13 |
| Q2 2015 | -2,760 | Reduce 1.46% | 185,739 | $93.48 |
| Q1 2015 | -2,887 | Reduce 1.51% | 188,499 | $86.39 |
| Q4 2014 | -1,148 | Reduce 0.60% | 191,386 | $86.16 |
| Q3 2014 | -85,477 | Reduce 30.75% | 192,534 | $73.92 |
| Q2 2014 | -64,923 | Reduce 18.93% | 278,011 | $73.47 |
| Q1 2014 | -3.1 M | Reduce 90.04% | 342,934 | $74.70 |
| Q4 2013 | +3.07 M | Add 828.22% | 3.44 M | $8.35 |
| Q3 2013 | -11,280 | Reduce 2.95% | 371,010 | $67.28 |
| Q2 2013 | +382,300 | Add 0.00% | 382,290 | $57.45 |
Murray Stahl's Mastercard Incorporated Investment FAQs
Murray Stahl first purchased Mastercard Incorporated (MA) in Q2 2013, acquiring 382,290 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Murray Stahl has held Mastercard Incorporated (MA) for 51 quarters since Q2 2013.
Murray Stahl's largest addition to Mastercard Incorporated (MA) was in Q4 2013, adding 3,443,780 shares worth $28.77 M.
According to the latest 13F filing for Q4 2025, Murray Stahl's firm, Horizon Kinetics Asset Management LLC, owns 19,579 shares of Mastercard Incorporated (MA), valued at approximately $11.18 M.
As of the Q4 2025 filing, Mastercard Incorporated (MA) represents approximately 0.15% of Murray Stahl's publicly disclosed stock portfolio, making it one of their key holdings.
Murray Stahl's peak holding in Mastercard Incorporated (MA) was 3,443,780 shares, as reported at the end of Q4 2013.