Main Street Research LLC sold its entire position of 15,833 shares in MercadoLibre for an estimated $37.00 million, representing 2.12% of its 13F reportable assets under management. The position value decreased by $37.00 million, reflecting a full exit from the stock.

Main Street Research’s top holdings post-sale include NVIDIA, Alphabet, Microsoft, and others. Shares of MercadoLibre were priced at $1,970.15 on February 8, 2026, down 1.3% over the past year, underperforming the S&P 500 by 15.3 percentage points.

The decision to sell MercadoLibre may have been influenced by rising competition and challenges in the fintech sector. While Main Street Research’s move remains to be evaluated, MercadoLibre is implementing strategies to address losses and capitalize on market opportunities in Latin America.

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Read more at Nasdaq: Main Street Research Dumps 15,000 MercadoLibre Shares for $37 Million