In a notable Q2 2026 portfolio adjustment, renowned long-term investor Chuck Akre's firm, Akre Capital Management, reduced its stake in Mastercard (MA) by 12.77%. The sale involved approximately 291,200 shares, valued at an estimated $149.56 million. Despite this significant trim, the payment giant remains Akre's largest holding, with the remaining 1.99 million shares valued at over $1.02 billion as of the reporting date.
This trade is disclosed in a quarterly 13F filing, which reflects positions held on June 30, 2026, meaning the transactions occurred between April and June. Paradoxically, even with the sale, Mastercard's weight in Akre's concentrated portfolio increased from 18.58% to 19.95%. This indicates strong relative performance by Mastercard's stock during the quarter, where the company beat earnings estimates with a 14% revenue increase. Akre's firm also trimmed its positions in most of its other major holdings.