Portland Hill Asset Management Ltd decreased its holdings in MercadoLibre, Inc. ( NASDAQ:MELI – Get Rating ) by 2.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 3,218 shares of the company's stock after selling 77 shares during the period. MercadoLibre makes up approximately 7.6% of Portland Hill Asset Management Ltd's investment portfolio, making the stock its 4th biggest position. Portland Hill Asset Management Ltd's holdings in MercadoLibre were worth $2,745,000 as of its most recent filing with the SEC.

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