Stephen Mandel
Lone Pine Capital
Stephen Mandel Mastercard Inc stake
total: 294
Lone Pine Capital MA trades
- Total transactions:
- 42
- New positions:
- 5
- Sold out:
- 4
- Added:
- 9
- Reduced:
- 24
- Held since:
- 2025 Q4
- Held for:
- 2 quarters
- Latest activity:
- 2026 Q1
According to 2026 Q1 report, Stephen Mandel holds 57,201 Mastercard Inc (MA) shares with a market value of roughly $28.58M accounting for 0.23% of the overall portfolio. To date, the estimated cost basis is nearly $570.88 for "buy" trades and estimated average "sell" price is $499.66. Lone Pine Capital first purchased MA in 2013 Q3, initially acquiring about 7.01M shares. Stephen Mandel later completely sold out the position and invested in Mastercard Inc again in 2025 Q4. Since the initial investment in Mastercard Inc (MA), Lone Pine Capital has made 41 more transactions.
When did Stephen Mandel buy Mastercard Inc (MA)?
Stephen Mandel first invested in Mastercard Inc (MA) in 2013 Q3 at the reported quarter-end price of $67.28 per share.
What's the cost basis of Lone Pine Capital's MA stake?
The estimated cost basis for Mastercard Inc (MA) stake is around $570.88 per share. This represents their average reported price* across all buy transactions
Estimated cost basis*
- Weighted AVG buy price:
- $570.88
- Weighted AVG sell price:
- $499.66
Stephen Mandel's historical trades in Mastercard Inc
42 results
| Period |
% of portfolio |
Shares held after* |
Reported price* |
Value* |
% (shares) of activity |
% change to portfolio |
|---|---|---|---|---|---|---|
|
2026 Q1
|
0.23%
|
57,201
|
$499.66
|
$28,581,052
|
-40.62% (-39,137)
|
-0.14%
|
|
2025 Q4
|
0.40%
|
96,338
|
$570.88
|
$54,997,437
|
new
|
+0.4%
|
|
2024 Q3
|
0.00%
|
0
|
$441.16
|
|
-100% (-1,043,557)
|
-3.73%
|
|
2024 Q2
|
3.73%
|
1,043,557
|
$441.16
|
$460,375,606
|
+53.37% (+363,133)
|
+1.3%
|
|
2024 Q1
|
2.59%
|
680,424
|
$481.57
|
$327,671,786
|
-38.19% (-420,366)
|
-1.75%
|
|
2023 Q4
|
4.06%
|
1,100,790
|
$426.51
|
$469,497,943
|
-36.97% (-645,552)
|
-2.65%
|
|
2023 Q3
|
6.67%
|
1,746,342
|
$395.91
|
$691,394,261
|
+48.40% (+569,534)
|
+2.17%
|
|
2023 Q2
|
4.24%
|
1,176,808
|
$393.30
|
$462,838,586
|
+12.18% (+127,799)
|
+0.46%
|
|
2023 Q1
|
3.53%
|
1,049,009
|
$363.41
|
$381,220,361
|
-22.11% (-297,703)
|
-1.03%
|
|
2022 Q4
|
4.47%
|
1,346,712
|
$347.73
|
$468,292,164
|
-12.83% (-198,200)
|
-0.65%
|
|
2022 Q2
|
4.59%
|
$315.48
|
-36.14% (-874,248)
|
|||
|
2022 Q1
|
5.15%
|
$357.38
|
-49.84% (-2,403,636)
|
|||
|
2021 Q4
|
7.10%
|
$359.32
|
new
|
|||
|
2021 Q3
|
0.00%
|
$365.09
|
-100% (-1,803,798)
|
|||
|
2021 Q2
|
2.12%
|
$365.09
|
-11.22% (-227,935)
|
|||
|
2021 Q1
|
2.63%
|
$356.05
|
-25.29% (-687,664)
|
|||
|
2020 Q4
|
3.53%
|
$356.94
|
+54.20% (+955,826)
|
|||
|
2020 Q3
|
2.56%
|
$338.17
|
-19.99% (-440,700)
|
|||
|
2020 Q2
|
3.35%
|
$295.70
|
-4.64% (-107,200)
|
|||
|
2020 Q1
|
3.40%
|
$241.56
|
-3.13% (-74,625)
|
|||
|
2019 Q4
|
3.82%
|
$298.59
|
+48.46% (+778,839)
|
|||
|
2019 Q3
|
2.57%
|
$271.57
|
-3.81% (-63,700)
|
|||
|
2019 Q2
|
2.75%
|
$264.53
|
-40.14% (-1,120,530)
|
|||
|
2019 Q1
|
3.84%
|
$235.45
|
-5.20% (-153,100)
|
|||
|
2018 Q4
|
3.76%
|
$188.65
|
new
|
|||
|
2018 Q1
|
0.00%
|
$151.36
|
-100% (-3,362,667)
|
|||
|
2017 Q4
|
2.66%
|
$151.36
|
-25.06% (-1,124,702)
|
|||
|
2017 Q3
|
3.12%
|
$141.20
|
-3.32% (-154,000)
|
|||
|
2017 Q2
|
2.87%
|
$121.45
|
new
|
|||
|
2016 Q3
|
0.00%
|
$88.06
|
-100% (-4,968,587)
|
|||
|
2016 Q2
|
2.02%
|
$88.06
|
-2.13% (-108,000)
|
|||
|
2016 Q1
|
2.44%
|
$94.50
|
-17.46% (-1,074,000)
|
|||
|
2015 Q4
|
2.67%
|
$97.36
|
-26.29% (-2,193,308)
|
|||
|
2015 Q3
|
3.36%
|
$90.12
|
-14.22% (-1,382,737)
|
|||
|
2015 Q2
|
4.04%
|
$93.48
|
-25.03% (-3,247,021)
|
|||
|
2015 Q1
|
4.78%
|
$86.39
|
-35.23% (-7,056,807)
|
|||
|
2014 Q4
|
7.38%
|
$86.16
|
+32.80% (+4,947,673)
|
|||
|
2014 Q3
|
4.45%
|
$73.92
|
+28.19% (+3,316,475)
|
|||
|
2014 Q2
|
3.60%
|
$73.47
|
+61.30% (+4,471,493)
|
|||
|
2014 Q1
|
2.45%
|
$74.70
|
-23.26% (-2,211,141)
|
|||
|
2013 Q4
|
3.63%
|
$83.55
|
+35.68% (+2,499,920)
|
|||
|
2013 Q3
|
2.21%
|
$67.28
|
new
|
|||
* Shares, change to shares, sold shares, shares held after: split-adjusted.
* Reported price: this doesn't represent the actual buy or sell price. It is the split-adjusted price of the security as of the last day of the reported period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
If the security is completely sold out, we show the reported split-adjusted price prior to the actual period.
* Estimated cost basis: based on "Reported price*" (not earlier than 2013 Q2). Calculation starts from the latest "new buy" activity to the latest "close out" activity (if any).
* Value or Price: If the security is completely sold out, we show the reported value (or price) prior to the actual period.
* New buy or own: this means there is no earlier reporting (for us or in general). So we can't know if the actual purchase of the security happened at the reported period or earlier.