$112 Million Vote of Confidence: This 12.8% Portfolio Bet Signals Conviction in MercadoLibre

2 hours ago 1

Jonathan Ponciano, The Motley Fool

Sat, January 31, 2026 astatine 10:20 AM CST 4 min read

On January 29, Coronation Fund Managers disclosed a bargain of MercadoLibre (NASDAQ:MELI), adding 53,352 shares successful an estimated $112.06 cardinal commercialized based connected quarterly mean pricing.

According to a SEC filing dated January 29, Coronation Fund Managers accrued its involvement successful MercadoLibre (NASDAQ:MELI) by 53,352 shares during the 4th quarter. The estimated worth of the commercialized was $112.06 cardinal based connected the mean closing terms for the period. The position’s full worth astatine quarter’s extremity was $285.59 million, up by $78.93 cardinal from the erstwhile filing and reflecting some caller purchases and stock terms changes.

Coronation Fund Managers accrued its MercadoLibre position, bringing the involvement to 12.81% of its $2.23 cardinal reportable AUM arsenic of December 31.

Top holdings aft the filing:

NASDAQ:MELI: $285.59 cardinal (12.8% of AUM)
NYSE:SE: $285.19 cardinal (12.8% of AUM)
NYSE:NU: $241.11 cardinal (10.8% of AUM)
NYSE:CPNG: $140.04 cardinal (6.3% of AUM)
NASDAQ:MMYT: $102.76 cardinal (4.6% of AUM)

As of January 28, MercadoLibre shares were priced astatine $2,268.60, up 19.7% implicit the past twelvemonth and outperforming the S&P 500 by 4.68 percent points.

Metric

Value

Price (as of January 28)	$2,268.60
Market capitalization	$114.02 billion
Revenue (TTM)	$26.19 billion
Net income (TTM)	$2.08 billion

MercadoLibre operates a starring e-commerce and integer payments level serving businesses and consumers crossed Latin America.
The institution generates gross chiefly done transaction fees connected its marketplace, fiscal services, logistics, and value-added services for merchants and consumers.
It serves businesses, merchants, and idiosyncratic consumers successful Latin America, targeting some sellers and buyers seeking online commerce and integer fiscal solutions.

MercadoLibre is simply a starring e-commerce and fintech level successful Latin America, operating astatine a important standard with a wide determination footprint. The institution leverages its integrated ecosystem of online marketplaces, integer payments, credit, and logistics to thrust maturation and deepen idiosyncratic engagement. Its competitory vantage stems from a robust web effect and a diversified suite of technology-driven services tailored to the unsocial needs of the Latin American market.

What matters present is not the size of the acquisition but the relation this holding present plays wrong the portfolio. At astir 13% of reportable assets, this presumption sits alongside the fund’s highest-conviction ideas, signaling a willingness to ore superior wherever semipermanent compounding inactive appears intact. That stands retired successful a portfolio already dense connected emerging-market maturation and level businesses.

The latest 4th reinforces why. MercadoLibre continues to standard crossed commerce, payments, and recognition astatine the aforesaid time, with its ecosystem driving higher engagement and monetization per user. Revenue maturation remains beardown (up 39% twelvemonth implicit twelvemonth successful the 3rd quarter), margins are expanding, and logistics investments are progressively paying disconnected done faster transportation and amended portion economics. Importantly, the company’s fintech limb keeps deepening lawsuit relationships, giving the level aggregate ways to turn without relying connected axenic retail volume.

This money pairs MercadoLibre with names similar Sea, Nubank, and Coupang, each bets connected digitally autochthonal infrastructure successful underpenetrated markets. Within that framework, adding present suggests assurance that MercadoLibre’s competitory moat remains intact contempt its size.