BlackRock Amends Mastercard Stake, Signals Continued Passive Interest

TL;DR

**BlackRock still owns a chunk of Mastercard, signaling institutional confidence.**

AI Summary

BlackRock, Inc. filed an amended SC 13G/A on February 12, 2024, disclosing its ownership of Mastercard Inc. Class A Common Stock as of December 31, 2023. This amendment, number 11, indicates a change in BlackRock's passive investment stake in Mastercard. For investors, this filing confirms BlackRock's continued significant, albeit passive, interest in Mastercard, which can be a signal of institutional confidence in the company's long-term prospects.

Why It Matters

This filing shows BlackRock, a major institutional investor, continues to hold a significant position in Mastercard, which can be interpreted as a vote of confidence in the company's stability and future growth.

Risk Assessment

Risk Level: low — This is a routine amendment by a passive institutional investor and does not indicate any immediate risk or significant change in company operations.

Analyst Insight

A smart investor would note BlackRock's continued passive stake as a sign of institutional confidence, but recognize this filing alone doesn't suggest any immediate catalysts for price movement. It's a routine disclosure of a large, passive holding.

Key Players & Entities

• BlackRock, Inc. (company) — the reporting person and institutional investor
• Mastercard Inc (company) — the subject company whose securities are being reported
• December 31, 2023 (date) — the date of the event requiring the filing
• February 12, 2024 (date) — the filing date of the SC 13G/A amendment
• Amendment No: 11 (number) — the specific amendment number for this filing

FAQ

From the Filing

0001086364-24-006975.txt : 20240212 0001086364-24-006975.hdr.sgml : 20240212 20240212135955 ACCESSION NUMBER: 0001086364-24-006975 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Mastercard Inc CENTRAL INDEX KEY: 0001141391 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 134172551 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79600 FILM NUMBER: 24619038 BUSINESS ADDRESS: STREET 1: 2000 PURCHASE STREET CITY: PURCHASE STATE: NY ZIP: 10577 BUSINESS PHONE: 9142492000 MAIL ADDRESS: STREET 1: 2000 PURCHASE STREET CITY: PURCHASE STATE: NY ZIP: 10577 FORMER COMPANY: FORMER CONFORMED NAME: MASTERCARD INC DATE OF NAME CHANGE: 20010525 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock Inc. CENTRAL INDEX KEY: 0001364742 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 320174431 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock, Inc. DATE OF NAME CHANGE: 20060929 FORMER COMPANY: FORMER CONFORMED NAME: New BlackRock, Inc. DATE OF NAME CHANGE: 20060601 SC 13G/A 1 us57636q1040_021224.txt us57636q1040_021224.txt SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No: 11) MASTERCARD INC -------------------------------------------------------- (Name of Issuer) Class A Common Stock -------------------------------------------------------- (Title of Class of Securities) 57636Q104 -------------------------------------------------------- (CUSIP Number) December 31, 2023 -------------------------------------------------------- (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 57636Q104 (1)Names of reporting persons. BlackRock, Inc. (2) Check the appropriate box if a member of a group (a) [ ] (b) [X] (3) SEC use only (4) Citizenship or place of organization Delaware Number of shares beneficially owned by each reporting person with: (5) Sole voting power 60923859 (6) Shared voting power 0 (7) Sole dispositive power 67825777 (8) Shared dispositive power 0 (9) Aggregate amount beneficially owned by each reporting person 67825777 (10) Check if the aggregate amount in Row (9) excludes certain shares (11) Percent of class represented by amount in Row 9 7.3% (12) Type of reporting person HC Item 1. Item 1(a) Name of issuer: ----------------------------------------------------------------------- MASTERCARD INC Item 1(b) Address of issuer's principal executive offices: ----------------------------------------------------------------------- 2000 PURCHASE STREET PURCHASE NY 10577 Item 2. 2(a) Name of person filing: ---------------------------------------------------------------------- BlackRock, Inc. 2(b) Address or princi