Abstract: Feral pony mares, Equus caballus, at Assateague Island, Maryland, formed linear dominance hierarchies within bands. Generally, older mares dominated younger mares, and larger mares dominated smaller mares. Large mares initiated aggression more often than small mares when age was controlled for but, surprisingly, older mares initiated aggression less often than younger mares when size was controlled for. Thus, mares peak in aggressiveness fairly soon after achieving full size and then, while maintaining or improving their rank in the domainance hierarchy, progressively reduce their involvement in aggression as they grow older, Involvement in aggression per mare increased as number of mares in the group increased; this effect was independent of nearest-mare distances. Frequency of involvement in aggression did not differ between mares that had changed bands within the year and mares whose band association had continued for a year or more. Aggression was directed more frequently than expected at subordinate mares who were nursing, and also occurred more frequently than expected at water holes. The proportion of aggressive encounters during grazing closely matched the total proportion of time spent grazing. Subordinate mares with foals received aggression more often than subordinate mares without foals. The high frequency of aggression associated with foals and nursing suggests that interference with reproduction of subordiantes is an important mode of competition between mares. Such interference may be common in animals that feed on dispersed resources and live in small, cohesive groups.