Baillie Gifford acquired 5.04 Million MercadoLibre shares worth $8.54 Billion. That's 6.67% of their entire equity portfolio (2nd largest holding). The investor owns 11.18% of the outstanding MercadoLibre stock. The first MercadoLibre trade was made in Q1 2013. Since then Baillie Gifford bought shares eighteen more times and sold shares on 26 occasions. The stake costed the investor $1.56 Billion, netting the investor a gain of 447% so far.