Pictet Increases Stake in MercadoLibre with $6.8 Million Investment
Pictet North America Advisors SA increased its position in MercadoLibre (NASDAQ:MELI) by 3,529 shares, valued at approximately $6.81 million, as reported in an SEC filing on April 14, 2026. The move brings Pictet's stake to 2.21% of the fund’s reportable AUM. The stock has underperformed the S&P 500 by 34.86 percentage points over the past year.
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Topics: Investment Activity MercadoLibre Pictet Portfolio Changes SEC Filing