Mercado Libre
MELI
247 hedge funds and large institutions have $5.95B invested in Mercado Libre in 2016 Q3 according to their latest regulatory filings, with 57 funds opening new positions, 76 increasing their positions, 85 reducing their positions, and 20 closing their positions.
185% more first-time investments, than exits
New positions opened: 57 | Existing positions closed: 20
38% more funds holding in top 10
Funds holding in top 10: 8 → 11 (+3)
27% more capital invested
Capital invested by funds: $4.68B → $5.95B (+$1.27B)
16% more funds holding
Funds holding: 213 → 247 (+34)
8% less call options, than puts
Call options by funds: $84M | Put options by funds: $91.5M
11% less repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 85
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HL
Harding Loevner
Bridgewater,
New Jersey
|
+$83.7M |
| 2 |
JP Morgan Chase
New York
|
+$60.3M |
| 3 |
William Blair Investment Management
Chicago,
Illinois
|
+$51.3M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$37.8M |
| 5 |
Lord, Abbett & Co
Jersey City,
New Jersey
|
+$30.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$183M |
| 2 |
GIM
Generation Investment Management
London,
United Kingdom
|
-$68.7M |
| 3 |
Balyasny Asset Management
Chicago,
Illinois
|
-$67.1M |
| 4 |
JCAM
Jericho Capital Asset Management
New York
|
-$53.9M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$30.1M |
MELI Hedge Fund Activity: Q3 2016 in Review
247 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Mercado Libre (MELI) for Q3 2016, worth a combined $5.95B — up 27% from $4.68B a quarter earlier.
Buyers outnumbered sellers: 57 funds opened new MELI positions and 20 closed out — a net gain of 37 holders — while 76 added to existing stakes and 85 trimmed.
The largest buyer was Harding Loevner, opening a new position worth an estimated $83.7M. The largest seller was Ameriprise, cutting an estimated $183M.
- 247 institutional investors held Mercado Libre (MELI) as of Q3 2016, up from 213 in Q2 2016.
- Funds reported $5.95B of Mercado Libre stock for Q3 2016, up 27% quarter-over-quarter.
- 57 funds opened new Mercado Libre positions in Q3 2016 and 20 closed out, a net change of +37 holders.
- The largest Mercado Libre buyer in Q3 2016 was Harding Loevner, an estimated $83.7M added.
- The largest Mercado Libre seller in Q3 2016 was Ameriprise, an estimated $183M sold.
Based on aggregated 13F filings for Q3 2016.