Mercado Libre
MELI
392 hedge funds and large institutions have $12.7B invested in Mercado Libre in 2018 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 146 increasing their positions, 115 reducing their positions, and 73 closing their positions.
68% more call options, than puts
Call options by funds: $710M | Put options by funds: $424M
27% more repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 115
7.15% more ownership
Funds ownership: 89.06% → 96.21% (+7.1%)
3% less funds holding
Funds holding: 406 → 392 (-14)
9% less capital invested
Capital invested by funds: $14B → $12.7B (-$1.28B)
15% less funds holding in top 10
Funds holding in top 10: 20 → 17 (-3)
16% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 73
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GIM
Generation Investment Management
London,
United Kingdom
|
+$370M |
| 2 |
Tiger Global Management
New York
|
+$218M |
| 3 |
Capital Research Global Investors
Los Angeles,
California
|
+$191M |
| 4 |
LPC
Lone Pine Capital
Greenwich,
Connecticut
|
+$173M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$121M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OAG
Orbis Allan Gray
Hamilton,
Bermuda
|
-$250M |
| 2 |
JP Morgan Chase
New York
|
-$144M |
| 3 |
Jennison Associates
New York
|
-$136M |
| 4 |
WRCM
Whale Rock Capital Management
Boston,
Massachusetts
|
-$106M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$83.7M |
MELI Hedge Fund Activity: Q2 2018 in Review
392 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Mercado Libre (MELI) for Q2 2018, worth a combined $12.7B — down 9.1% from $14B a quarter earlier.
Sellers outnumbered buyers: 73 funds closed out of MELI and 61 opened new positions — a net loss of 12 holders — while 115 trimmed existing stakes and 146 added.
The largest buyer was Generation Investment Management, opening a new position worth an estimated $370M. The largest seller was Orbis Allan Gray, exiting entirely with an estimated $250M sold.
- 392 institutional investors held Mercado Libre (MELI) as of Q2 2018, down from 406 in Q1 2018.
- Funds reported $12.7B of Mercado Libre stock for Q2 2018, down 9.1% quarter-over-quarter.
- 61 funds opened new Mercado Libre positions in Q2 2018 and 73 closed out, a net change of -12 holders.
- The largest Mercado Libre buyer in Q2 2018 was Generation Investment Management, an estimated $370M added.
- The largest Mercado Libre seller in Q2 2018 was Orbis Allan Gray, an estimated $250M sold.
Based on aggregated 13F filings for Q2 2018.