Billionaire Stanley Druckenmiller has poured millions of dollars into growth stocks that are listed as “buys” by some of America’s biggest banks and investment firms.
A new 13F filing from Druckenmiller’s Duquesne family office reveals that the company purchased 4,619 shares of MercadoLibre (MELI) stock in the third quarter of 2025.
The total purchase price is approximately $11.09 million, continuing the buyout that began in the second quarter of 2024, totaling approximately $101 million and 58,344 shares.
MercadoLibre is Latin America’s leading e-commerce and fintech platform traded on the Nasdaq.
At the time of publication, the stock price was $1,998, up 0.16% in the past 24 hours.
MELI has received strong support from analysts across the board, with Citi maintaining a Buy rating on the stock with a $2,500 target on Nov. 26, and Morgan Stanley maintaining an Overweight rating on Nov. 3 with a $2,950 target.
Barclays also remains overweight and raised its target to $2,900 on October 30th.
Bank of America issued a buy rating in June with a target of $3,000, while JPMorgan Chase, the largest U.S. bank, maintains a hold on MELI stock with a target of $2,650.
Druckenmiller is a legendary investor best known for managing George Soros’ Quantum Fund, where he oversees a $4.06 billion portfolio.
MELI currently accounts for 3.4% of that amount, worth $136.35 million, aligning with Druckenmiller’s focus on high-growth high-tech businesses.
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