There were 81 hedge funds in our database with MELI positions at the end of the third quarter. Our calculations also showed that MELI isn't among the 30 most popular stocks among hedge funds (click for Q4 rankings). The all time high for this statistic is 81. Mercadolibre Inc (NASDAQ: MELI) was in 79 hedge funds' portfolios at the end of December. The number of long hedge fund bets were trimmed by 2 recently. Is Mercadolibre Inc (NASDAQ: MELI) a buy right now? The smart money was becoming less hopeful. One of their picks is Mercadolibre Inc (NASDAQ: MELI), so let’s take a closer look at the sentiment that surrounds it in the current quarter. At Insider Monkey, we follow nearly 900 active hedge funds and notable investors and by analyzing their 13F filings, we can determine the stocks that they are collectively bullish on. Hedge Funds and other institutional investors have just completed filing their 13Fs with the Securities and Exchange Commission, revealing their equity portfolios as of the end of September.
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