Billionaire Stanley Druckenmiller Pours $101,000,000 Into Stock Recommended by Bank of America, Citi, Morgan Stanley and Barclays
Billionaire Stanley Druckenmiller is pouring hundreds of thousands of {dollars} right into a development inventory listed as a “purchase” by a few of America’s greatest banks and funding companies.
A brand new 13F submitting from Druckenmiller’s Duquesne Household Workplace reveals the agency bought 4,619 shares of MercadoLibre (MELI) in Q3 2025.
The acquisition quantities to about $11.09 million and continues a shopping for spree that started in Q2 2024 amounting to about $101 million and 58,344 shares.
MercadoLibre is Latin America’s main e-commerce and fintech platform, buying and selling on the Nasdaq.
The inventory is priced at $1,998 at time of publishing, up 0.16% within the final 24 hours.
MELI has drawn sturdy general analyst assist, with Citi sustaining a purchase ranking with a $2,500 goal on November twenty sixth, whereas Morgan Stanley upheld Obese with a $2,950 goal on November third.
Barclays can be maintaining Obese and raised its goal to $2,900 on October thirtieth.
Financial institution of America issued a purchase ranking with a $3,000 goal in June, whereas America’s greatest financial institution, JPMorgan Chase, is sustaining a maintain on MELI with a $2,650 goal.
Druckenmiller, a legendary investor identified for managing George Soros’s Quantum Fund, oversees a $4.06 billion portfolio.
MELI now represents 3.4% of it, valued at $136.35 million, in a transfer aligning with Druckenmiller’s concentrate on high-growth tech performs.
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