Somerset Capital Management’s Mercado Libre MELI Stock Holding History

Somerset Capital Management’s Portfolio MELI Stock Details MELI Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2023 Q4	$1.11M	Sell	700 -68,144	-99%	-$96.6M	13.62%	3
2023 Q3	$87M	Sell	68,844 -4,300	-6%	-$5.47M	14.88%	3
2023 Q2	$86.4M	Buy	73,144 +17,044	+30%	+$21.4M	13.69%	4
2023 Q1	$73.8M	Buy	+56,100	New	+$63.8M	10.25%	6
2022 Q1	–	Sell	-5,700	Closed	-$7.66M	–	13
2021 Q4	$7.66M	Buy	5,700 +500	+10%	+$702K	0.9%	8
2021 Q3	$8.77M	Buy	5,200 +200	+4%	+$346K	0.9%	12
2021 Q2	$7.82M	Buy	5,000 +4,600	+1,150%	+$6.75M	0.72%	14
2021 Q1	$589K	Buy	+400	New	+$679K	0.06%	20

Other funds holding MELI

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Jennison Associates New York $145B AUM 34.61% 1-Year Est. Return

WCM Investment Management Laguna Beach, California $43.8B AUM 42.28% 1-Year Est. Return

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Sands Capital Management Arlington, Virginia $25.5B AUM 26.46% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

Somerset Capital Management's MELI Position: Q4 2023 in Review

Somerset Capital Management reduced its Mercado Libre (MELI) stake by 99% in Q4 2023, selling an estimated $96.6M and leaving 700 shares worth $1.11M. The position accounts for 13.62% of the portfolio, ranked #3.

Somerset Capital Management first reported a position in MELI in Q1 2021 and has held it in 8 quarters since. The position peaked at $87M in Q3 2023. 1,157 funds tracked by Wall St. Rank hold MELI as of Q4 2023.

Somerset Capital Management held 700 shares of Mercado Libre worth $1.11M as of Q4 2023.
Somerset Capital Management sold 68,144 Mercado Libre shares in Q4 2023, an estimated $96.6M.
Mercado Libre made up 13.62% of Somerset Capital Management's portfolio in Q4 2023, its #3 holding.
Somerset Capital Management first reported a position in Mercado Libre in Q1 2021 and has held it in 8 quarters since.
Somerset Capital Management's Mercado Libre position peaked at $87M in Q3 2023.
1,157 funds tracked by Wall St. Rank held Mercado Libre as of Q4 2023.

Based on Somerset Capital Management's 13F filing for Q4 2023, filed 4 Jan 2024.