Mercado Libre
MELI
406 hedge funds and large institutions have $14B invested in Mercado Libre in 2018 Q1 according to their latest regulatory filings, with 68 funds opening new positions, 138 increasing their positions, 155 reducing their positions, and 45 closing their positions.
51% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 45
44% more call options, than puts
Call options by funds: $697M | Put options by funds: $484M
10% more capital invested
Capital invested by funds: $12.7B → $14B (+$1.31B)
5% more funds holding
Funds holding: 386 → 406 (+20)
2.47% less ownership
Funds ownership: 91.53% → 89.06% (-2.5%)
11% less repeat investments, than reductions
Existing positions increased: 138 | Existing positions reduced: 155
17% less funds holding in top 10
Funds holding in top 10: 24 → 20 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$344M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$334M |
| 3 |
Tiger Global Management
New York
|
+$291M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$130M |
| 5 |
Citigroup
New York
|
+$94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$394M |
| 2 |
CG
Carmignac Gestion
Paris,
France
|
-$170M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$141M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$110M |
| 5 |
Capital International Investors
Los Angeles,
California
|
-$102M |
MELI Hedge Fund Activity: Q1 2018 in Review
406 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Mercado Libre (MELI) for Q1 2018, worth a combined $14B — up 10% from $12.7B a quarter earlier.
Buyers outnumbered sellers: 68 funds opened new MELI positions and 45 closed out — a net gain of 23 holders — while 138 added to existing stakes and 155 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $344M. The largest seller was Orbis Allan Gray, cutting an estimated $394M.
- 406 institutional investors held Mercado Libre (MELI) as of Q1 2018, up from 386 in Q4 2017.
- Funds reported $14B of Mercado Libre stock for Q1 2018, up 10% quarter-over-quarter.
- 68 funds opened new Mercado Libre positions in Q1 2018 and 45 closed out, a net change of +23 holders.
- The largest Mercado Libre buyer in Q1 2018 was JP Morgan Chase, an estimated $344M added.
- The largest Mercado Libre seller in Q1 2018 was Orbis Allan Gray, an estimated $394M sold.
Based on aggregated 13F filings for Q1 2018.