Dan Sundheim's D1 Capital reduced its position in e-commerce giant MercadoLibre by 25.7% during the second quarter of 2026, according to a recent SEC filing. The major investment firm sold approximately 96,200 shares, decreasing its total holdings from 373,680 to 277,480. The estimated value of the shares sold is around $163 million, reducing the position's value to roughly $471 million by the end of the quarter.
This trade information comes from a quarterly 13F filing, which is released with a delay and reflects the firm's holdings as of June 30, 2026. The filing does not disclose the specific reasons for the sale. During the second quarter, MercadoLibre continued its rapid revenue growth, though some analysts noted concerns about shrinking profit margins due to increased spending on shipping and other incentives.