Euro Pacific Asset Management 13F: Adds $1.5M to MELI Stake

Euro Pacific Asset Management significantly increased its investment in MercadoLibre, Inc. (NasdaqGS: MELI), according to its latest 13F filing with the SEC. The fund added 750 shares, boosting its stake by 248.3% to a total of 1,052 shares. This position is valued at approximately $2.04 million.

What Changed in Euro Pacific Asset Management's MercadoLibre Position

Euro Pacific Asset Management previously held 302 shares of MercadoLibre. The recent addition of 750 shares represents a 248.3% increase in its holdings. With this change, the fund's total investment in MercadoLibre now stands at 1,052 shares, valued at $2.04 million.

MercadoLibre, Inc. Stock Down 1.1%

MercadoLibre, Inc. is a major player in the Internet Retail sector, operating online commerce platforms across Latin America, including Brazil, Mexico, and Argentina. The company's stock, listed on the NasdaqGS, has a market capitalization of roughly $94.1 billion. It carries a price-to-earnings ratio of 50.5 and a forward P/E of 33.0, reflecting investor expectations for future growth. MercadoLibre's beta is 1.308, indicating its stock is more volatile than the broader market. Over the past 52 weeks, the stock has traded between $1,495 and $2,428, with recent moving averages of $1,859.90 (50-day) and $1,832.53 (200-day).

Recent Earnings

In its most recent financial results, MercadoLibre reported revenue of $35.18 billion, with a robust growth rate of 49.8%. The company's earnings per share reached $36.77, and it maintained a net margin of 5.3%. Return on equity was reported at 27.5%, showcasing the company's efficient use of shareholder funds. MercadoLibre is set to announce its next earnings on November 4, 2026.

About MercadoLibre, Inc.

MercadoLibre, Inc. is a leading e-commerce and financial technology company headquartered in Montevideo, Uruguay. Founded in 1999, the company operates the Mercado Libre Marketplace, a prominent online commerce platform accessible via mobile apps and websites. Its financial tech solution, Mercado Pago, offers a comprehensive range of services, including investments, credit, and shipping solutions. With over 123,000 employees, MercadoLibre serves a broad international market, primarily in Latin America.

Bottom Line

Euro Pacific Asset Management's significant increase in its stake in MercadoLibre highlights the fund's confidence in the company's growth potential. While 13F filings offer a look at past holdings, they may not reflect the current investment stance. Investors often watch these filings to gauge institutional sentiment toward a company.