The California Public Employees' Retirement System (CalPERS) reported a new position in MercadoLibre, Inc. (NASDAQ: MELI) during the fourth quarter of 2025, according to a Form 13F filing with the Securities and Exchange Commission. The pension fund acquired 1,179 shares of the Latin American e-commerce and fintech company.
Based on the closing price of MercadoLibre stock at the end of the quarter, the stake was valued at approximately $1.58 million. This transaction represents a small addition to CalPERS's massive investment portfolio, which was valued at over $500 billion as of its latest public reports.
MercadoLibre, often called the "Amazon of Latin America," operates online marketplaces and a digital payments ecosystem across multiple countries in the region. Institutional investors like CalPERS regularly adjust their holdings based on portfolio strategy, and such filings provide a snapshot of these changes.
The acquisition was disclosed in CalPERS's quarterly 13F filing, a mandatory report for institutional investment managers detailing their equity holdings. Other institutional investors also adjusted their positions in MercadoLibre during the same period.