Marcho Partners LLP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Marcho Partners LLP reported 9 stock positions worth $330.2 million. Its top holding was MercadoLibre (MELI) at 22.1% of the portfolio, followed by Shopify Class A (SHOP, 12.2%) and Gitlab Class A (GTLB, 11.3%). Compared with Q1 2024, it opened 1 new position, sold out of 1, added to 4 and reduced 4. The biggest buy was a new position in Taiwan Semiconductor-SP ADR (TSM) and the biggest sale an exit from Global-E Online (GLBE).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001782974
- Portfolio Value
- $330.2M (Q2 2024)
- SEC Filing
- 0001782974-24-000003 ↗ filed Aug 14, 2024
Holdings Value
Holdings 9 stocks · $330.2M
| MELI MercadoLibre Inc. | 22.13% | 44,459 | $73.1M | Add +0.5% |
| SHOP Shopify Inc. Class A | 12.24% | 611,911 | $40.4M | Add +30.6% |
| GTLB Gitlab Inc. Class A | 11.33% | 752,166 | $37.4M | Add +42.1% |
| ESTC Elastic NV | 10.93% | 316,918 | $36.1M | Reduce -7.0% |
| DLO Dlocal Ltd. | 9.85% | 4,019,049 | $32.5M | Add +36.7% |
| NU Nu Holdings Ltd./Cayman Isl-A filed as NU HLDGS LTD | 9.53% | 2,441,823 | $31.5M | Reduce -9.7% |
| GRAB Grab Holdings Ltd. Class A | 9.47% | 8,807,919 | $31.3M | Reduce -7.5% |
| SPOT Spotify Technology SA | 8.92% | 93,830 | $29.4M | Reduce -41.4% |
| TSM Taiwan Semiconductor-SP ADR | 5.61% | 106,641 | $18.5M | New |
Options reported separately and not counted above: SPY puts ($27.2M), QQQ puts ($24.0M), DLO calls ($1.2M).
Portfolio Sells Q1 2024 → Q2 2024
Portfolio Buys Q1 2024 → Q2 2024
Options Activity Q1 2024 → Q2 2024
| SPY SS SPDR S&P 500 ETF Trust-US | put | New | 50,000 | $27.2M |
| QQQ Invesco QQQ Trust Series 1 | put | New | 50,000 | $24.0M |
| DLO Dlocal Ltd. | call | New | 150,000 | $1.2M |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 6 | $175.8M | TSM, MELI, SE, SHOP, SMH |
| Q1 2026 | 5 | $123.8M | TSM, MELI, IBIT, SHOP, SE |
| Q4 2025 | 7 | $164.7M | TSM, MELI, SE, IBIT, NU |
| Q3 2025 | 8 | $249.0M | TSM, MELI, NU, IBIT, SHOP |
| Q2 2025 | 8 | $254.4M | TSM, MELI, NU, SE, SHOP |
| Q1 2025 | 8 | $251.0M | MELI, TSM, NU, SHOP, GRAB |
| Q4 2024 | 9 | $292.3M | MELI, TSM, NU, DLO, SHOP |
| Q3 2024 | 10 | $285.6M | MELI, SHOP, DLO, NU, GRAB |
| Q2 2024 | 9 | $330.2M | MELI, SHOP, GTLB, ESTC, DLO |
| Q1 2024 | 9 | $339.8M | MELI, DLO, SPOT, SHOP, ESTC |