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Hedge Fund WCM Dumped MercadoLibre Stock Worth $940 Million. Here's What That Means for Investors.
Key takeaways
- The estimated value of the shares sold was $940 million, based on the average closing price during the filing quarter.
- This move reduces MercadoLibre to 0.0010% of WCM s reportable 13F AUM as of March 31, 2026.
- NASDAQ:ASML: $1.91 billion (4.4% of AUM)
Robert Izquierdo, The Motley Fool Fri, May 8, 2026 at 9:32 PM GMT+7 4 min read MELI TSM SE What happened According to a Securities and Exchange Commission (SEC) filing dated May 7, 2026, WCM Investment Management, LLC reduced its holding in Mercado Libre (NASDAQ:MELI) by 487,291 shares in the first quarter.
The estimated value of the shares sold was $940 million, based on the average closing price during the filing quarter. At quarter-end, the remaining stake was 270 shares valued at $437,184. The net position value declined by $984.87 million over the period, reflecting both trading activity and stock price movement.
This move reduces MercadoLibre to 0.0010% of WCM s reportable 13F AUM as of March 31, 2026.
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