Vault-13

MERCADOLIBRE INC MELI 2 08.15.28

NOTE 2.000% 8/1 · US DOMESTIC · CUSIP 58733RAD4

34 institutional holders -4 vs Q1 2023
10,575,63610.6m shares reported held*
$1.2bnreported value*
3 new 11 added 8 reduced 7 sold out net bought ≈ $23.2m (+5.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $115.07.

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 34Q4 22: 34Q1 23: 38Q2 23: 3434Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 202234
Q4 202234
Q1 202338
Q2 202334

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q4 22: 10 bought or addedQ4 22: 14 cut or sold outQ4 22Q1 23: 13 bought or addedQ1 23: 13 cut or sold outQ1 23Q2 23: 14 bought or addedQ2 23: 15 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20221014
Q1 20231313
Q2 20231415

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60m$80mQ3 22 calls: $62.3mQ3 22 puts: $14.9mQ3 22P/C 0.24Q4 22 calls: $0Q4 22 puts: $0Q4 22P/C —Q1 23 calls: $0Q1 23 puts: $0Q1 23P/C —Q2 23 calls: $0Q2 23 puts: $0Q2 23P/C —
Numbers
QuarterCallsPutsP/C
Q3 2022$62.3m$14.9m0.24
Q4 2022$0$0—
Q1 2023$0$0—
Q2 2023$0$0—

Biggest buyers

Warberg Asset Management LLC New +6,570,000+6.6m
Sagil Capital LLP Added +5,000,000+5.0m
BANK OF NOVA SCOTIA Added +3,232,000+3.2m
SSI INVESTMENT MANAGEMENT LLC Added +2,612,000+2.6m
LAZARD ASSET MANAGEMENT LLC Added +2,113,000+2.1m
STATE STREET CORP Added +2,081,000+2.1m
TENOR CAPITAL MANAGEMENT Co., L.P. Added +1,800,000+1.8m
D. E. Shaw & Co., Inc. Added +500,000+500.0k
BNP PARIBAS FINANCIAL MARKETS Added +385,000+385.0k
AGF MANAGEMENT LTD Added +150,000+150.0k

Biggest sellers

GABELLI FUNDS LLC Sold out -2,600,000-2.6m
Opti Capital Management, LP Sold out -2,500,000-2.5m
JPMORGAN CHASE & CO Reduced -2,234,000-2.2m
SCHRODER INVESTMENT MANAGEMENT GROUP Sold out -2,145,000-2.1m
Skaana Management L.P. Sold out -1,950,000-1.9m
PRICE T ROWE ASSOCIATES INC /MD/ Reduced -1,444,000-1.4m
LORD, ABBETT & CO. LLC Reduced -1,220,000-1.2m
MORGAN STANLEY Sold out -1,101,000-1.1m
WELLS FARGO & COMPANY/MN Sold out -529,000-529.0k
Teton Advisors, Inc. Sold out -300,000-300.0k

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Polar Asset Management Partners Inc. 5.44% of their portfolio TORONTO, A6 100,000,000100.0m $273.8m $273.8m 5.44% Unchanged
2 LAZARD ASSET MANAGEMENT LLC 0.29% of their portfolio NEW YORK, NY 86,325,00086.3m $236.4m $236.4m 0.29% Added +2.1m +2,113,000
3 D. E. Shaw & Co., Inc. 0.25% of their portfolio New York, NY 57,917,00057.9m $158.7m $158.7m 0.25% Added +500.0k +500,000
4 TENOR CAPITAL MANAGEMENT Co., L.P. 2.40% of their portfolio NEW YORK, NY 41,800,00041.8m $114.8m $114.8m 2.40% Added +1.8m +1,800,000
5 Mint Tower Capital Management B.V. 8.79% of their portfolio AMSTERDAM, P7 24,567,00024.6m $67.3m $67.3m 8.79% Unchanged
6 Castle Creek Arbitrage, LLC 7.64% of their portfolio AVON, CO 22,500,00022.5m $61.6m $61.6m 7.64% Unchanged
7 LORD, ABBETT & CO. LLC 0.10% of their portfolio JERSEY CITY, NJ 21,574,00021.6m $59.0m $59.0m 0.10% Reduced -1.2m -1,220,000
8 BANK OF NOVA SCOTIA 0.13% of their portfolio TORONTO, A6 17,564,00017.6m $48.3m $48.3m 0.13% Added +3.2m +3,232,000
9 Calamos Advisors LLC 0.17% of their portfolio NAPERVILLE, IL 12,500,00012.5m $34.2m $34.2m 0.17% Unchanged
10 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 11,141,00011.1m $30.6m $30.6m 0.00% Added +2.1m +2,081,000
11 Sagil Capital LLP 13.26% of their portfolio LONDON, X0 10,000,00010.0m $27.4m $27.4m 13.26% Added +5.0m +5,000,000
12 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 7,303,0007.3m $20.0m $20.0m 0.00% Unchanged
13 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 6,592,0006.6m $18.1m $18.1m 0.00% Reduced -1.4m -1,444,000
14 Warberg Asset Management LLC 5.13% of their portfolio WINNETKA, IL 6,570,0006.6m $18.0m $18.0m 5.13% New
15 Elliott Investment Management L.P. 0.13% of their portfolio WEST PALM BEACH, FL 4,000,0004.0m $10.9m $10.9m 0.13% Unchanged
16 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 3,924,0003.9m $10.8m $10.8m 0.00% Reduced -2.2m -2,234,000
17 SSI INVESTMENT MANAGEMENT LLC 0.53% of their portfolio Los Angeles, CA 2,747,0002.7m $7.5m $7.5m 0.53% Added +2.6m +2,612,000
18 BlackRock Inc. 0.00% of their portfolio New York, NY 2,475,0002.5m $6.8m $6.8m 0.00% Reduced -125.0k -125,000
19 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 636,000636.0k $1.7m $1.7m 0.00% Added +385.0k +385,000
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 570,000570.0k $1.6m $1.6m 0.00% Unchanged
21 AGF MANAGEMENT LTD 0.01% of their portfolio TORONTO, A6 500,000500.0k $1.4m $1.4m 0.01% Added +150.0k +150,000
22 Russell Investments Group, Ltd. 0.00% of their portfolio Seattle, WA 356,000356.0k $977.4k $977.4k 0.00% Unchanged
23 Quaero Capital S.A. 0.42% of their portfolio GENEVE, V8 200,000200.0k $547.5k $547.5k 0.42% Unchanged
24 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 164,000164.0k $448.3k $448.3k 0.00% Reduced -112.0k -112,000
25 DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.00% of their portfolio FRANKFURT AM MAIN, 2M 150,000150.0k $411.5k $411.5k 0.00% Unchanged
26 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 135,000135.0k $369.0k $369.0k 0.00% New
27 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 131,000131.0k $360.9k $360.9k 0.00% Added +100.0k +100,000
28 WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio Boston, MA 124,000124.0k $339.9k $339.9k 0.00% Reduced -1.0k -1,000
29 NOMURA HOLDINGS INC 0.01% of their portfolio TOKYO, M0 102,158102.2k $1.2m $1.2m 0.01% Reduced -2.3k -2,348
30 Amundi 0.00% of their portfolio Paris, I0 80,00080.0k $220.4k $220.4k 0.00% Unchanged
31 FIRST HAWAIIAN BANK 0.01% of their portfolio HONOLULU, HI 74,00074.0k $202.3k $202.3k 0.01% New
32 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 3,0003.0k $8.2k $8.2k 0.00% Added +2.0k +2,000
33 LOOMIS SAYLES & CO L P 0.01% of their portfolio BOSTON, MA 2,6362.6k $3.1m $3.1m 0.01% Reduced -68 -68
34 CONCOURSE FINANCIAL GROUP SECURITIES, INC. 0.00% of their portfolio BIRMINGHAM, AL 00 $0 $0 0.00% Unchanged