Investment Manager Doubles Down on MercadoLibre With $51 Million Purchase

5 days ago 12

Jake Lerch, The Motley Fool

Wed, January 21, 2026 astatine 9:33 AM CST 4 min read

Increased MercadoLibre involvement by 36,862 shares
Quarter-end presumption worth roseate by $51.45 million, reflecting some trading enactment and stock terms movement
Post-trade holding: 116,848 shares, valued astatine $238.37 cardinal astatine quarter-end
MercadoLibre present accounts for 27.5% of Northcape's 13F AUM, making it the fund's largest holding
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Northcape Capital Ltd disclosed a bargain of 36,862 further MercadoLibre (NASDAQ:MELI) shares successful its latest SEC filing dated January 20, 2026.

According to a January 20, 2026, SEC filing, Northcape Capital Ltd accrued its presumption successful MercadoLibre by 36,862 shares during the 4th quarter. The wide worth of the presumption climbed by $51.45 million, a alteration driven by some trading enactment and stock terms appreciation.

MercadoLibre present represents 27.5% of Northcape's 13F reportable AUM.

Top holdings aft the filing:

NASDAQ:MELI: $238.37 cardinal (27.5% of AUM)
NYSE:AMOV: $220.22 cardinal (25.4% of AUM)
NYSE:HDB: $184.19 cardinal (21.2% of AUM)
NYSE:ITUB: $96.14 cardinal (11.1% of AUM)
NYSE:PAC: $51.59 cardinal (6.0% of AUM)

As of January 20, 2026, MercadoLibre shares were priced astatine $2,034.82, up 10.9% implicit the past year; shares person underperformed the S&P 500 by 2.52 percent points.

Metric

Value

Revenue (TTM)	$26.19 billion
Net Income (TTM)	$2.08 billion
Price (as of marketplace adjacent 2026-01-20)	$2,034.82
One-Year Price Change	10.92%

Offers an online marketplace, integer payments (Mercado Pago), logistics (Mercado Envios), user and merchant credit, concern products, advertising, and classified listings crossed Latin America.
Generates gross chiefly done transaction fees, outgo processing, recognition products, logistics services, and advertizing connected its integer platforms.
Serves businesses, merchants, and idiosyncratic consumers, with a absorption connected Latin American markets.

MercadoLibre, Inc. is the starring e-commerce and fintech level successful Latin America, leveraging a wide ecosystem that integrates online retail, payments, logistics, and recognition services. The company’s scale, exertion infrastructure, and web effects supply a important competitory vantage successful high-growth, underpenetrated markets. MercadoLibre’s diversified concern exemplary enables it to seizure aggregate gross streams and accommodate to evolving integer commerce trends successful the region.

The caller acquisition by Northcape Capital, an Australian concern manager, of MercadoLibre banal could beryllium significant. Here’s what retail investors request to know.