Discovery Capital Management’s Mercado Libre MELI Stock Holding History

Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake
Trade Value Portfolio Weight Portfolio Position
2024
Q2
Sell
-17,725
Closed -$26.8M 63
2024
Q1
$26.8M Buy
17,725
+13,190
+291% +$21.6M 3.53% 10
2023
Q4
$7.13M Buy
+4,535
New +$6.43M 1.08% 28
2016
Q3
Sell
-187,182
Closed -$26.3M 94
2016
Q2
$26.3M Buy
187,182
+77,432
+71% +$10.1M 0.6% 43
2016
Q1
$12.9M Buy
+109,750
New +$11.4M 0.19% 72

Other funds holding MELI

Discovery Capital Management's MELI Position: Q2 2024 in Review

Discovery Capital Management sold out of Mercado Libre (MELI) in Q2 2024, closing a stake of 17,725 shares — an estimated $26.8M sold.

Discovery Capital Management first reported a position in MELI in Q1 2016 and held it in 4 quarters. The position peaked at $26.8M in Q1 2024. 1,208 funds tracked by Wall St. Rank hold MELI as of Q2 2024.

  • Discovery Capital Management reported no remaining Mercado Libre position as of Q2 2024 after selling out during the quarter.
  • Discovery Capital Management sold 17,725 Mercado Libre shares in Q2 2024, an estimated $26.8M.
  • Discovery Capital Management first reported a position in Mercado Libre in Q1 2016 and held it in 4 quarters.
  • Discovery Capital Management's Mercado Libre position peaked at $26.8M in Q1 2024.
  • 1,208 funds tracked by Wall St. Rank held Mercado Libre as of Q2 2024.

Based on Discovery Capital Management's 13F filing for Q2 2024, filed 13 Aug 2024.