Investment Advisor Exits $47.5 Million MercadoLibre Position, According to Latest SEC Filing

4 weeks ago 19

Jake Lerch, The Motley Fool

Tue, April 28, 2026 astatine 7:25 AM CDT 4 min read

RWC Asset Advisors (U.S.) LLC disclosed a afloat exit from MercadoLibre (NASDAQ:MELI)in its April 27, 2026, SEC filing, selling 24,608 shares for an estimated $47.47 cardinal based connected the quarterly mean price.

What happened

According to an SEC filing dated April 27, 2026, RWC Asset Advisors (US) LLC sold its full holding of 24,608 MercadoLibre shares during the archetypal quarter. The estimated transaction worth was $47.47 million, calculated utilizing the quarter’s mean closing price. The quarter-end presumption worth fell by $49.57 million, reflecting some the commercialized and changes successful stock terms implicit the period.

What other to cognize

RWC Asset Advisors (US) LLC afloat liquidated its MercadoLibre position, which antecedently accounted for 9.4% of AUM successful the anterior quarter; post-trade, MercadoLibre comprised nary of the fund's 13F assets.

Top holdings aft the filing:

NYSE:SQM: $84.94 cardinal (18.3% of AUM)
NYSE:PBR: $82.49 cardinal (17.8% of AUM)
NYSE:VALE: $76.76 cardinal (16.5% of AUM)
NYSE:EMBJ: $54.08 cardinal (11.7% of AUM)
NYSE:GFI: $48.32 cardinal (10.4% of AUM)

As of April 26, 2026, MercadoLibre shares were priced astatine $1,835.22, down 16.8% implicit 1 year, underperforming the S&P 500 by 47.4 percent points.

Company Overview

Metric

Value

Price (as of marketplace adjacent 2026-04-24)	$1,835.22
Market Capitalization	$94.30 billion
Revenue (TTM)	$28.89 billion
Net Income (TTM)	$2.00 billion

Company Snapshot

Offers a wide suite of products and services, including the Mercado Libre Marketplace, Mercado Pago FinTech platform, Mercado Fondo, Mercado Credito, Mercado Envios logistics, Mercado Libre Classifieds, Mercado Libre Ads, and Mercado Shops.
Operates a dual concern exemplary combining e-commerce marketplace transactions and fiscal exertion services, generating gross from transaction fees, outgo processing, lending, logistics, advertising, and value-added services.
Serves businesses, merchants, and consumers crossed Latin America, targeting some individuals and enterprises seeking online commerce and integer fiscal solutions.

MercadoLibre, Inc. is simply a starring e-commerce and fintech level successful Latin America, leveraging its integrated marketplace and outgo solutions to thrust maturation astatine scale. The company’s strategy centers connected expanding its ecosystem of online commerce and integer fiscal services, supported by logistics and advertizing offerings. MercadoLibre’s competitory borderline lies successful its extended determination reach, diversified gross streams, and quality to service some consumers and businesses crossed aggregate verticals.

What this transaction means for investors

RWC Asset Advisors, a Florida-based concern advisor, precocious disclosed the afloat merchantability of its MercadoLibre holdings during the archetypal 4th (the 3 months ending connected March 31, 2026). Here are immoderate cardinal takeaways for investors.

Read Entire Article