SEC 13F Intelligence

Managers / Q3 2023 · view latest →

Marcho Partners LLP

CIK 0001782974 · 10 QUEEN STREET PLACE, LONDON, X0, EC4R 1BE · 011442039264800

Reported Value
$322M
Q3 2023
Positions
10
Filings on Record
26
2019–present window
Filed
Nov 13, 2023
original filing

Summary

Marcho Partners LLP reported $322M in U.S.-listed holdings across 10 positions for Q3 2023.

Its largest position, MLB1, represents 16.6% of the portfolio.

Compared with Q2 2023, the fund opened 0 new positions and exited 2.

Portfolio Metrics

Turnover
+3.3%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+16.6%
Mercadolibre

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’19: $146MQ4 ’19Q1 ’20: $229MQ2 ’20: $166MQ3 ’20: $521MQ4 ’20: $1.1BQ4 ’20Q1 ’21: $1.2BQ2 ’21: $1.5BQ3 ’21: $1.6BQ4 ’21: $1.4BQ4 ’21Q1 ’22: $823MQ2 ’22: $417MQ3 ’22: $444MQ4 ’22: $425MQ4 ’22Q1 ’23: $423MQ2 ’23: $438MQ3 ’23: $322MQ4 ’23: $292MQ4 ’23Q1 ’24: $340MQ2 ’24: $383MQ3 ’24: $375MQ4 ’24: $372MQ4 ’24Q1 ’25: $272MQ2 ’25: $282MQ3 ’25: $262MQ4 ’25: $165MQ4 ’25Q1 ’26: $124Mfilingsflow.com

Portfolio Composition

By security type
Other: 50.0%Common Stock: 36.6%ADR: 6.7%US DOMESTIC: 6.7%
  • Other · 50.0% · $161M
  • Common Stock · 36.6% · $118M
  • ADR · 6.7% · $22M
  • US DOMESTIC · 6.7% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2023 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
UUNITY SOFTWARE INCSOLD OUT−1.09M0−$47M$0
SEA LTDSOLD OUT−18.00M0−$18M$0
DLOCAL LTDTRIMMED−2.11M1.19M−$17M$23M
SESEA LTDADDED+129.5K491.5K+$592,183$22M
GTLBGITLAB INCTRIMMED−227.7K719.6K−$16M$33M
SHOPSHOPIFY INCTRIMMED−105.9K587.2K−$13M$32M
GLOBAL E ONLINE LTDTRIMMED−79.5K708.8K−$4M$28M
GRAB HOLDINGS LIMITEDTRIMMED−563.7K6.50M−$1M$23M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2023

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MLB1MERCADOLIBRE INChistory →COM16.56%$53M42.1K
2ELASTIC N VORD SHS14.15%$46M561.5K
3SPOTIFY TECHNOLOGY S ASHS12.94%$42M269.6K
4GTLBGITLAB INChistory →CLASS A COM10.10%$33M719.6K
5SHOPSHOPIFY INChistory →CL A9.94%$32M587.2K
6GLOBAL E ONLINE LTDSHS8.74%$28M708.8K
7GRAB HOLDINGS LIMITEDCLASS A ORD7.14%$23M6.50M
8DLOCAL LTDCLASS A COM7.08%$23M1.19M
9SESEA LTDhistory →SPONSORD ADS6.70%$22M491.5K
10FARFETCH LTDNOTE 3.750% 5/06.65%$21M40.00M

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$124M5May 13, 202613F-HRchanges · EDGAR ↗
Q4 2025$165M7Feb 13, 202613F-HRchanges · EDGAR ↗
Q3 2025$262M9Nov 13, 202513F-HRchanges · EDGAR ↗
Q2 2025$282M9Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$272M9May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$372M11Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$375M13Nov 14, 202413F-HRchanges · EDGAR ↗
Q2 2024$383M12Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$340M9May 13, 202413F-HRchanges · EDGAR ↗
Q4 2023$292M8Feb 13, 202413F-HRchanges · EDGAR ↗
Q3 2023$322M10Nov 13, 202313F-HRchanges · EDGAR ↗
Q2 2023$438M13Aug 11, 202313F-HRchanges · EDGAR ↗
Q1 2023$423M12May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$425M13Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$444M14Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$417M12Aug 12, 202213F-HRchanges · EDGAR ↗
Q1 2022$823M12May 12, 202213F-HRchanges · EDGAR ↗
Q4 2021$1.4B12Feb 11, 202213F-HRchanges · EDGAR ↗
Q3 2021$1.6B17Nov 10, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.5B19Aug 12, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.2B25May 14, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.1B23Feb 12, 202113F-HRchanges · EDGAR ↗
Q3 2020$521M14Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$166M5Aug 12, 202013F-HRchanges · EDGAR ↗
Q1 2020$229M10May 14, 202013F-HRchanges · EDGAR ↗
Q4 2019$146M10Feb 12, 202013F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.