Santa Monica Partners LP lowered its stake in shares of Mastercard Incorporated ( NYSE:MA – Free Report ) by 12.8% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 102,170 shares of the credit services provider's stock after selling 15,000 shares during the period. Mastercard comprises about 30.1% of Santa Monica Partners LP's investment portfolio, making the stock its biggest position. Santa Monica Partners LP's holdings in Mastercard were worth $37,130,000 at the end of the most recent reporting period.

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