What happened
According to a Securities and Exchange Commission (SEC) filing dated May 7, 2026, WCM Investment Management, LLC reduced its holding in MercadoLibre (NASDAQ:MELI) by 487,291 shares in the first quarter.
The estimated value of the shares sold was $940 million, based on the average closing price during the filing quarter. At quarter-end, the remaining stake was 270 shares valued at $437,184. The net position value declined by $984.87 million over the period, reflecting both trading activity and stock price movement.
What else to know
This move reduces MercadoLibre to 0.0010% of WCM’s reportable 13F AUM as of March 31, 2026.
Top holdings after the filing:
NYSE:TSM: $2.95 billion (6.7% of AUM)
NYSE:SE: $2.64 billion (6.0% of AUM)
NASDAQ:ASML: $1.91 billion (4.4% of AUM)
NASDAQ:APP: $1.86 billion (4.2% of AUM)
NYSE:PM: $1.78 billion (4.1% of AUM)
As of May 6, 2026, MercadoLibre shares were priced at $1,841.14, down 17.4% over the past year, underperforming the S&P 500 by 48.76 percentage points.
Company overview
Metric
Value
Price (as of market close May 6, 2026)
$1,841.14
Market capitalization
$93.84 billion
Revenue (TTM)
$28.89 billion
Net income (TTM)
$2.00 billion
Company snapshot
MercadoLibre offers a comprehensive suite of e-commerce, fintech, logistics, classifieds, advertising, and digital storefront solutions across Latin America, including Mercado Libre Marketplace, Mercado Pago, Mercado Envios, and related platforms.
It generates revenue primarily through transaction fees, payment processing, advertising services, logistics solutions, and financial products such as lending and investment tools integrated into its ecosystem.
The company serves businesses, merchants, and individual consumers in Latin America, targeting a broad market spanning online retail, financial services, and digital commerce infrastructure.
MercadoLibre is a leading e-commerce and fintech platform in Latin America, leveraging a diversified digital ecosystem to drive growth at scale. The…
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