Sara-Bay Financial Increases Stake in MercadoLibre by $12 Million
Sara-Bay Financial increased its position in MercadoLibre (NASDAQ:MELI) by 6,288 shares, valued at approximately $12.13 million, during the first quarter of 2026. The move reflects confidence in MercadoLibre despite its stock underperforming the S&P 500 by 45 percentage points over the past year. The investment now accounts for 3.36% of Sara-Bay's 13F reportable assets under management.
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Topics: Investment Strategy MercadoLibre Sara-Bay Financial SEC Filing Stock Holdings