Coronation Fund Managers Places $112 Million Bet on MercadoLibre with 12.8% Portfolio Stake
ByAinvest
Saturday, Jan 31, 2026 11:24 am ET1min read
MELI--
Coronation Fund Managers has disclosed a $112.06 million buy of MercadoLibre, increasing its stake to 12.81% of its $2.23 billion reportable AUM. The position reflects both new purchases and share price changes, with the total value at quarter's end at $285.59 million. The fund's top holdings include NASDAQ:MELI, NYSE:SE, and NYSE:NU. MercadoLibre shares have outperformed the S&P 500 by 4.68 percentage points over the past year.
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