Skip to content
User

Terry Smith

Fundsmith

Terry Smith Mastercard Inc stake

total: 91

Fundsmith MA trades

Total transactions:
12
New positions:
2
Sold out:
1
Added:
5
Reduced:
4
Held since:
2026 Q2
Held for:
1 quarter
Latest activity:
2026 Q2
According to 2026 Q2 report, Terry Smith holds 1,245,051 Mastercard Inc (MA) shares with a market value of roughly $639.46M accounting for 4.69% of the overall portfolio. To date, the estimated cost basis is nearly $513.6 for "buy" trades. Fundsmith first purchased MA in 2023 Q1, initially acquiring 41,664 shares. Terry Smith later completely sold out the position and invested in Mastercard Inc again in 2026 Q2. Since the initial investment in Mastercard Inc (MA), Fundsmith has made 11 more transactions.

How many MA shares does Terry Smith currently hold?

According to 2026 Q2 report, Terry Smith holds 1,245,051 shares of Mastercard Inc (MA), valued at around $639.46M.

When did Terry Smith buy Mastercard Inc (MA)?

Terry Smith first invested in Mastercard Inc (MA) in 2023 Q1 at the reported quarter-end price of $363.41 per share.

What's the cost basis of Fundsmith's MA stake?

The estimated cost basis for Mastercard Inc (MA) stake is around $513.60 per share. This represents their average reported price* across all buy transactions

Estimated cost basis*

Weighted AVG buy price:
$513.60

Terry Smith's historical trades in Mastercard Inc

12 results
Period % of
portfolio
Shares
held after*
Reported
price*
Value* % (shares)
of activity
% change
to portfolio
2026 Q2
4.69%
1,245,051
$513.60
$639,458,194
new
+4.69%
2025 Q3
0.00%
0
$561.94
-100% (-27,663)
-0.07%
2025 Q2
0.07%
27,663
$561.94
$15,544,946
-44.06% (-21,791)
-0.06%
2025 Q1
0.12%
49,454
$548.12
$27,106,726
-22.77% (-14,579)
-0.03%
2024 Q4
0.14%
64,033
$526.57
$33,717,857
-1.47% (-957)
-0%
2024 Q3
0.13%
64,990
$493.80
$32,092,062
+1.10% (+710)
+0%
2024 Q2
0.12%
64,280
$441.16
$28,357,765
-0.26% (-169)
-0%
2024 Q1
0.12%
64,449
$481.57
$31,036,705
+1.21% (+772)
+0%
2023 Q4
0.11%
63,677
$426.51
$27,158,877
+1.46% (+919)
+0%
2023 Q3
0.11%
62,758
$395.91
$24,846,520
+0.68% (+424)
+0%
2023 Q2
0.10%
$393.30
+49.61% (+20,670)
2023 Q1
0.07%
$363.41
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.
* 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.