TenCore Partners Loads Up 2,000 MercadoLibre Shares

MercadoLibre powers e-commerce and fintech across Latin America, connecting merchants and consumers through its integrated platforms.On February 10, 2026, TenCore Partners, LP disclosed a buy of MercadoLibre (MELI 0.60%) stock, adding to its position in the Latin American e-commerce conglomerate.What happenedAccording to a February 10, 2026 SEC filing, TenCore Partners, LP increased its holding in MercadoLibre (MELI 0.60%) by 2,025 shares during the fourth quarter of 2025. The estimated transaction value was $4.25 million, based on the average share price within the quarter. At quarter-end, the value of the position rose by $2.80 million, reflecting both the purchase and market price movements.What else to knowThis was a buy, lifting MercadoLibre to 6.16% of TenCore Partners, LP’s 13F reportable AUM.Top holdings after the filing:NASDAQ: MSFT: $40.85 million (20.9% of AUM)NASDAQ: META: $29.10 million (14.9% of AUM)NASDAQ: MNDY: $18.87 million (9.6% of AUM)NASDAQ: GOOGL: $18.09 million (9.2% of AUM)NYSE: CRM: $14.28 million (7.3% of AUM)As of February 9, 2026, MercadoLibre shares were priced at $2,035.59, up almost 2.0% for the year and trailing the S&P 500 by 13.6 percentage points over the same period.Company/Etf overviewMetricValueRevenue (TTM)$26.19 billionNet income (TTM)$2.08 billionPrice (as of market close February 9, 2026)$2,035.59One-year price change2.0%Company/Etf snapshotOperates Mercado Libre Marketplace, Mercado Pago fintech platform, Mercado Fondo, Mercado Credito, Mercado Envios logistics, Mercado Libre Classifieds, Mercado Libre Ads, and Mercado Shops across Latin America.Generates revenue through online marketplace transactions, financial technology services, logistics solutions, digital advertising, and value-added merchant services.Serves consumers, merchants, and businesses seeking e-commerce, digital payments, lending, and logistics solutions in Latin America.MercadoLibre is a leading technology company in Latin America, providing a comprehensive ecosystem of e-commerce and fintech solutions. It leverages its integrated platforms to drive growth in online retail, digital payments, and financial services across a large and expanding market. Its scale, diverse service offerings, and established brand position it as a key player in the region's digital economy.What this transaction means for investorsIn buying MercadoLibre stock, TenCore Partners may be taking a bit of a contrarian position in the top e-commerce company.The Latin American conglomerate has a history of turning Latin America’s economic and political challenges into assets. It formed both its fintech arm Mercado Pago and the logistics business Mercado Envios to address some of the challenges that come with operating in its home region.Unfortunately, the stock’s performance suffered over the last year as competition from competitors like Amazon, Sea Limited, and others weighed on its performance. The company has also experienced an alarming increase in non-performing loans.Although revenue grew by 37% from year-ago levels in the first nine months of 2025, the rising expenses reduced its profit increase to just 13% for the same period. That likely explains the flat stock performance of the stock over the last year.ExpandNASDAQ: MELIMercadoLibreToday's Change(-0.60%) $-12.09Current Price$1996.96Key Data PointsMarket Cap$102BDay's Range$1991.01 - $2025.1652wk Range$1723.90 - $2645.22Volume15KAvg Vol537KGross Margin45.14%However, improving economic conditions in Argentina and Venezuela could turn into a lifeline for its e-commerce business. Also, Mercado Pago has instituted loan limits and AI-driven evaluation of borrowers to reduce bad loan expenses. Thus, as the company addresses these challenges, TenCore’s increased investment in MercadoLibre could pay off for the fund.Read NextFeb 19, 2026 •By Geoffrey SeilerThe Best Stocks to Invest $2,000 in Right NowFeb 18, 2026 •By Jennifer Saibil2 Monster Stocks to Hold for the Next 5 YearsFeb 17, 2026 •By Will HealyBlack Swift Group Dumps 3,400 MercadoLibr Shares for $8 MillionFeb 13, 2026 •By Leo SunBold Prediction: MercadoLibre Is About to Soar. Here's Why.Feb 12, 2026 •By Rich SmithWhy Did MercadoLibre Stock Pop -- Then Drop?Feb 12, 2026 •By James Brumley3 Magnificent Stocks to Buy That Are Near 52-Week LowsAbout the AuthorWill Healy is a contributing Motley Fool stock market analyst covering technology and consumer goods industries.

Before The Motley Fool, Will was a freelance writer covering stocks and personal finance for MSN Money, Yahoo! Finance, and Nasdaq. Earlier in his career, he was an expert in geographic information systems, applying spatial and IT skills to perform RF and demographic analysis in the telecom industry. He holds a bachelor’s degree in journalism from Texas A&M University and an MBA in finance and strategy from the University of Texas at Dallas.TMFWillHealyX@HealyWritingStocks MentionedMercadoLibreNASDAQ: MELI$1996.96 (0.60%) $12.09MicrosoftNASDAQ: MSFT$398.33 (0.09%) $0.36Meta PlatformsNASDAQ: META$644.55 (+0.21%) $+1.33Monday.comNASDAQ: MNDY$76.00 (1.30%) $1.00AlphabetNASDAQ: GOOGL$302.85 (0.16%) $0.48SalesforceNYSE: CRM$185.29 (1.33%) $2.50AmazonNASDAQ: AMZN$204.87 (+0.04%) $+0.08Sea LimitedNYSE: SE$114.35 (+1.39%) $+1.57*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.