Managers / Q1 2024 · view latest →
Marcho Partners LLP
CIK 0001782974 · 10 QUEEN STREET PLACE, LONDON, X0, EC4R 1BE · 011442039264800
Summary
Marcho Partners LLP reported $340M in U.S.-listed holdings across 9 positions for Q1 2024.
Its largest position, MLB1, represents 19.7% of the portfolio.
Compared with Q4 2023, the fund opened 1 new position and exited 0.
Portfolio Metrics
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
Portfolio Composition
- Other · 60.6% · $206M
- Common Stock · 39.4% · $134M
Quarter-over-Quarter Changes full breakdown →
vs Q4 2023 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| NU HLDGS LTD | NEW | +2.70M | 2.70M | +$32M | $32M |
| DLOCAL LTD | ADDED | +1.26M | 2.94M | +$14M | $43M |
| MLB1MERCADOLIBRE INC | ADDED | +9.2K | 44.2K | +$12M | $67M |
| SPOTIFY TECHNOLOGY S A | TRIMMED | −39.3K | 160.0K | +$5M | $42M |
| SHOPSHOPIFY INC | TRIMMED | −61.4K | 468.6K | −$5M | $36M |
| ELASTIC N V | ADDED | +27.1K | 340.9K | −$1M | $34M |
| GTLBGITLAB INC | TRIMMED | −44.8K | 529.3K | −$5M | $31M |
| GRAB HOLDINGS LIMITED | ADDED | +481.6K | 9.52M | −$566,451 | $30M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q1 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MLB1MERCADOLIBRE INChistory → | COM | 19.68% | $67M | 44.2K |
| 2 | DLOCAL LTD | CLASS A COM | 12.72% | $43M | 2.94M |
| 3 | SPOTIFY TECHNOLOGY S A | SHS | 12.42% | $42M | 160.0K |
| 4 | SHOPSHOPIFY INChistory → | CL A | 10.64% | $36M | 468.6K |
| 5 | ELASTIC N V | ORD SHS | 10.06% | $34M | 340.9K |
| 6 | NU HLDGS LTD | ORD SHS CL A | 9.49% | $32M | 2.70M |
| 7 | GTLBGITLAB INChistory → | CLASS A COM | 9.08% | $31M | 529.3K |
| 8 | GRAB HOLDINGS LIMITED | CLASS A ORD | 8.80% | $30M | 9.52M |
| 9 | GLOBAL E ONLINE LTD | SHS | 7.11% | $24M | 664.6K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $124M | 5 | May 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $165M | 7 | Feb 13, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $262M | 9 | Nov 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $282M | 9 | Aug 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q1 2025 | $272M | 9 | May 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $372M | 11 | Feb 13, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $375M | 13 | Nov 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $383M | 12 | Aug 14, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $340M | 9 | May 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $292M | 8 | Feb 13, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q3 2023 | $322M | 10 | Nov 13, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q2 2023 | $438M | 13 | Aug 11, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q1 2023 | $423M | 12 | May 15, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q4 2022 | $425M | 13 | Feb 14, 2023 | 13F-HR | changes · EDGAR ↗ |
| Q3 2022 | $444M | 14 | Nov 14, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q2 2022 | $417M | 12 | Aug 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q1 2022 | $823M | 12 | May 12, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q4 2021 | $1.4B | 12 | Feb 11, 2022 | 13F-HR | changes · EDGAR ↗ |
| Q3 2021 | $1.6B | 17 | Nov 10, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q2 2021 | $1.5B | 19 | Aug 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q1 2021 | $1.2B | 25 | May 14, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q4 2020 | $1.1B | 23 | Feb 12, 2021 | 13F-HR | changes · EDGAR ↗ |
| Q3 2020 | $521M | 14 | Nov 13, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q2 2020 | $166M | 5 | Aug 12, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q1 2020 | $229M | 10 | May 14, 2020 | 13F-HR | changes · EDGAR ↗ |
| Q4 2019 | $146M | 10 | Feb 12, 2020 | 13F-HR | changes · 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 ↗.