Harvard University Stock Portfolio: 5 Latest Stock Picks

3. MELI Kaszek Pioneer Corp (NASDAQ:MEKA)

Harvard Management Company’s Stake Value: $11.05 million
Percentage of Harvard Management Company’s 13F Portfolio: 0.64%
Number of Hedge Fund Holders: 15

MELI Kaszek Pioneer Corp (NASDAQ:MEKA) is a Florida-based Special Purpose Acquisition Company (SPAC) that operates as a blank check company formed for the purpose of completing a merger.

Created by Mercadolibre, Inc. (NASDAQ:MELI) and Kaszek, MELI Kaszek Pioneer Corp (NASDAQ:MEKA) raised $287 million after completing its IPO aimed at strengthening the Latin American digital ecosystem, closing the transaction on October 1.

As of Q3 2021, Harvard Management Company holds 1 million shares of MELI Kaszek Pioneer Corp (NASDAQ:MEKA), amounting to more than $11.05 million in worth and representing 0.64% of the investment firm’s total portfolio value.

As of the end of the third quarter, 15 hedge funds tracked by Insider Monkey reported owning stakes in MELI Kaszek Pioneer Corp (NASDAQ:MEKA). The total worth of these stakes is $98.1 million.