In a notable portfolio shift, Lee Ainslie's Maverick Capital fully divested its stake in Latin American e-commerce giant MercadoLibre during the second quarter of 2026. According to a quarterly 13F filing, which discloses positions held as of June 30, 2026, the firm sold its entire holding of 26,890 shares, valued at approximately $46.50 million at the end of the first quarter.
This disclosure offers a delayed look at Maverick's trading activity, and the exact timing and reasons for the sale were not publicly stated. The exit occurred during a quarter where MercadoLibre reported strong revenue growth, surpassing $10 billion for the first time. However, the company also experienced a decline in operating and net income due to increased investment spending, leading to narrower profit margins.