Billionaire Stanley Druckenmiller is pouring millions of dollars into a growth stock that is listed as a buy by some of America’s largest banks and investment firms.
A new 13F filing from Druckenmiller’s Duquesne Family Office reveals the company bought 4,619 shares of MercadoLibre (MELI) in Q3 2025.
The purchase amounts to approximately $11.09 million and continues a buying spree that began in the second quarter of 2024, for an amount of approximately $101 million and 58,344 shares.
MercadoLibre is Latin America’s leading e-commerce and fintech platform, trading on the Nasdaq.
The stock is priced at $1,998 at the time of publication, up 0.16% in the past 24 hours.
MELI has received strong overall analyst support, with Citi maintaining a Buy rating with a $2,500 target on November 26, while Morgan Stanley maintaining an Overweight rating with a $2,950 target on November 3.
Barclays also maintains its overweight and raised its target to $2,900 on October 30.
Bank of America issued a buy rating in June with a target of $3,000, while America’s largest bank, JPMorgan Chase, holds MELI with a target of $2,650.
Druckenmiller, a legendary investor known for managing George Soros’ Quantum Fund, oversees a $4.06 billion portfolio.
MELI now represents 3.4% of it, valued at $136.35 million, in line with Druckenmiller’s focus on high-growth technology projects.
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