Business

MasterCard for Buffett

Warren Buffett’s Berkshire Hathaway reported in a filing that it held 216,000 shares of MasterCard Inc., the second-biggest payments network, on March 31, as the billionaire handed responsibility for some of the portfolio to a new investment manager.

Purchase, NY-based MasterCard was the No.2 holding at Todd Combs’s Castle Point Capital Management as of Sept. 30 before the money manager joined Buffett’s firm.

Year-to-date, MasterCard has jumped 25 percent to $279.15.