SEC 13F Intelligence

Managers / Q1 2025 · view latest →

Marcho Partners LLP

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

Reported Value
$272M
Q1 2025
Positions
9
Filings on Record
26
2019–present window
Filed
May 13, 2025
original filing

Summary

Marcho Partners LLP reported $272M in U.S.-listed holdings across 9 positions for Q1 2025.

The portfolio is heavily concentrated: MLB1 alone accounts for 23.7% of reported value.

Compared with Q4 2024, the fund opened 0 new positions and exited 1.

Portfolio Metrics

Turnover
+3.9%
vs prior filed quarter
Largest Position
+23.7%
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
Common Stock: 38.3%Other: 30.6%ADR: 23.4%ETP: 7.8%
  • Common Stock · 38.3% · $104M
  • Other · 30.6% · $83M
  • ADR · 23.4% · $64M
  • ETP · 7.8% · $21M

Quarter-over-Quarter Changes full breakdown →

vs Q4 2024 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
DLOCAL LTDSOLD OUT−2.98M0−$34M$0
NDQINVESCO QQQ TRTRIMMED−105.0K45.0K−$56M$21M
SESEA LTDADDED+38.0K173.3K+$8M$23M
MLB1MERCADOLIBRE INCTRIMMED−9.9K33.1K−$9M$65M
SPOTIFY TECHNOLOGY S ATRIMMED−6.8K37.2K+$762,769$20M
GTLBGITLAB INCTRIMMED−52.9K331.8K−$6M$16M
NU HLDGS LTDADDED+375.7K3.92M+$3M$40M
TSMTAIWAN SEMICONDUCTOR MFG LTDADDED+23.7K247.0K−$3M$41M

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

Holdings — Q1 2025

8 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MLB1MERCADOLIBRE INChistory →COM23.74%$65M33.1K
2TSMTAIWAN SEMICONDUCTOR MFG LTDhistory →SPONSORED ADS15.07%$41M247.0K
3NU HLDGS LTDORD SHS CL A14.74%$40M3.92M
4SHOPSHOPIFY INChistory →CL A8.82%$24M251.2K
5GRAB HOLDINGS LIMITEDCLASS A ORD8.31%$23M4.99M
6SESEA LTDhistory →SPONSORD ADS8.31%$23M173.3K
7SPOTIFY TECHNOLOGY S ASHS7.52%$20M37.2K
8GTLBGITLAB INChistory →CLASS A COM5.73%$16M331.8K

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 ↗.