Managers / Q2 2024 · view latest →
Marcho Partners LLP
CIK 0001782974 · 10 QUEEN STREET PLACE, LONDON, X0, EC4R 1BE · 011442039264800
Summary
Marcho Partners LLP reported $383M in U.S.-listed holdings across 12 positions for Q2 2024.
Its largest position, MLB1, represents 19.1% of the portfolio.
Compared with Q1 2024, the fund opened 3 new positions and exited 1.
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 · 42.3% · $162M
- Common Stock · 39.4% · $151M
- ETP · 13.4% · $51M
- ADR · 4.8% · $19M
Quarter-over-Quarter Changes full breakdown →
vs Q1 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| SPDR S&P 500 ETF TR | NEW | +50.0K | 50.0K | +$27M | $27M |
| NDQINVESCO QQQ TR | NEW | +50.0K | 50.0K | +$24M | $24M |
| TSMTAIWAN SEMICONDUCTOR MFG LTD | NEW | +106.6K | 106.6K | +$19M | $19M |
| GLOBAL E ONLINE LTD | SOLD OUT | −664.6K | 0 | −$24M | $0 |
| GTLBGITLAB INC | ADDED | +222.9K | 752.2K | +$7M | $37M |
| DLOCAL LTD | ADDED | +1.23M | 4.17M | −$9M | $34M |
| SPOTIFY TECHNOLOGY S A | TRIMMED | −66.2K | 93.8K | −$13M | $29M |
| SHOPSHOPIFY INC | ADDED | +143.3K | 611.9K | +$4M | $40M |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q2 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | MLB1MERCADOLIBRE INChistory → | COM | 19.10% | $73M | 44.5K |
| 2 | SHOPSHOPIFY INChistory → | CL A | 10.56% | $40M | 611.9K |
| 3 | GTLBGITLAB INChistory → | CLASS A COM | 9.77% | $37M | 752.2K |
| 4 | ELASTIC N V | ORD SHS | 9.44% | $36M | 316.9K |
| 5 | DLOCAL LTD | CLASS A COM | 8.50% | $33M | 4.02M |
| 6 | NU HLDGS LTD | ORD SHS CL A | 8.23% | $31M | 2.44M |
| 7 | GRAB HOLDINGS LIMITED | CLASS A ORD | 8.17% | $31M | 8.81M |
| 8 | SPOTIFY TECHNOLOGY S A | SHS | 7.70% | $29M | 93.8K |
| 9 | TSMTAIWAN SEMICONDUCTOR MFG LTDhistory → | SPONSORED ADS | 4.84% | $19M | 106.6K |
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 ↗.