Marcho Partners LLP

In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 13, 2026), Marcho Partners LLP reported 5 stock positions worth $123.8 million. Its top holding was Taiwan Semiconductor-SP ADR (TSM) at 29.9% of the portfolio, followed by MercadoLibre (MELI, 29.0%) and iShares Bitcoin Trust ETF (IBIT, 16.6%). Compared with Q4 2025, it sold out of 2, added to 4 and reduced 1. The biggest buy was MercadoLibre (MELI, shares +25%) and the biggest sale an exit from Nu Holdings Ltd./Cayman Isl-A (NU).

Most Recent 13F
Q2 2026
Location
LONDON, X0
CIK
0001782974
Portfolio Value
$123.8M (Q1 2026)
SEC Filing
0001782974-26-000002 ↗ filed May 13, 2026

Holdings Value

0$100.0M$200.0M$300.0M$400.0M Q1 2024: $339.8M Q1 2024 Q2 2024: $330.2M Q2 2024 Q3 2024: $285.6M Q3 2024 Q4 2024: $292.3M Q4 2024 Q1 2025: $251.0M Q1 2025 Q2 2025: $254.4M Q2 2025 Q3 2025: $249.0M Q3 2025 Q4 2025: $164.7M Q4 2025 Q1 2026: $123.8M $123.8M Q1 2026 Q2 2026: $175.8M Q2 2026

Holdings 5 stocks · $123.8M
TSM Taiwan Semiconductor-SP ADR 29.88% 109,498 $37.0M Reduce -11.3%
MELI MercadoLibre Inc. 28.98% 20,759 $35.9M Add +24.8%
IBIT iShares Bitcoin Trust ETF 16.60% 534,900 $20.6M Add +37.3%
SHOP Shopify Inc. Class A 13.14% 137,158 $16.3M Add +21.7%
SE Sea Ltd.-ADR 11.40% 170,436 $14.1M Add +8.8%

Portfolio Sells Q4 2025 → Q1 2026
NU Nu Holdings Ltd./Cayman Isl-A Sold out 0.00% −11.20
GRAB Grab Holdings Ltd. Class A Sold out 0.00% −10.80
TSM Taiwan Semiconductor-SP ADR Reduce -11.3% 29.88% +7.11

Portfolio Buys Q4 2025 → Q1 2026
MELI MercadoLibre Inc. Add +24.8% 28.98% +8.65
IBIT iShares Bitcoin Trust ETF Add +37.3% 16.60% +4.86
SHOP Shopify Inc. Class A Add +21.7% 13.14% +2.12
SE Sea Ltd.-ADR Add +8.8% 11.40% −0.73

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 6$175.8MTSM, MELI, SE, SHOP, SMH
Q1 2026 5$123.8MTSM, MELI, IBIT, SHOP, SE
Q4 2025 7$164.7MTSM, MELI, SE, IBIT, NU
Q3 2025 8$249.0MTSM, MELI, NU, IBIT, SHOP
Q2 2025 8$254.4MTSM, MELI, NU, SE, SHOP
Q1 2025 8$251.0MMELI, TSM, NU, SHOP, GRAB
Q4 2024 9$292.3MMELI, TSM, NU, DLO, SHOP
Q3 2024 10$285.6MMELI, SHOP, DLO, NU, GRAB
Q2 2024 9$330.2MMELI, SHOP, GTLB, ESTC, DLO
Q1 2024 9$339.8MMELI, DLO, SPOT, SHOP, ESTC