Summit Trail Advisors’s dLocal DLO Stock Holding History

Summit Trail Advisors’s Portfolio DLO Stock Details DLO Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$99.6M	Buy	7,679,326 +6,738,506	+716%	+$87.8M	1.43%	13
2025 Q4	$13.3M	Hold	940,820	–	–	0.23%	60
2025 Q3	$13.4M	Hold	940,820	–	–	0.19%	66
2025 Q2	$10.7M	Hold	940,820	–	–	0.18%	68
2025 Q1	$7.85M	Hold	940,820	–	–	0.26%	40
2024 Q4	$10.6M	Hold	940,820	–	–	0.39%	28
2024 Q3	$7.53M	Hold	940,820	–	–	0.19%	56
2024 Q2	$7.61M	Hold	940,820	–	–	0.2%	49
2024 Q1	$13.8M	Hold	940,820	–	–	0.37%	32
2023 Q4	$16.6M	Hold	940,820	–	–	0.55%	28
2023 Q3	$18M	Hold	940,820	–	–	0.66%	22
2023 Q2	$11.5M	Sell	940,820 -90,000	-9%	-$1.19M	0.43%	32
2023 Q1	$16.7M	Sell	1,030,820 -9,100	-0.9%	-$143K	0.67%	21
2022 Q4	$16.2M	Hold	1,039,920	–	–	0.72%	20
2022 Q3	$21.3M	Hold	1,039,920	–	–	1.15%	13
2022 Q2	$27.3M	Buy	+1,039,920	New	+$26.6M	1.69%	11
2022 Q1	–	Sell	-1,064,920	Closed	-$38M	–	339
2021 Q4	$38M	Buy	1,064,920 +1,000,130	+1,544%	+$43.2M	2.45%	9
2021 Q3	$3.54M	Buy	+64,790	New	+$3.61M	0.27%	54

Other funds holding DLO

General Atlantic New York $2.15B AUM 35.02% 1-Year Est. Return

Marshall Wace London, United Kingdom $100B AUM 35.1% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Cria Inc New York $138M AUM

RMC

Ribbit Management Company Palo Alto, California $1.68B AUM 40.61% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

D.E. Shaw & Co New York $166B AUM 43.98% 1-Year Est. Return

FSC

Fourth Sail Capital Camana Bay Grand Cayman, Cayman Islands $608M AUM 48.69% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

PIM

Paradice Investment Management Denver, Colorado $532M AUM 29.6% 1-Year Est. Return

Summit Trail Advisors's DLO Position: Q1 2026 in Review

Summit Trail Advisors increased its dLocal (DLO) stake by 716% in Q1 2026, buying an estimated $87.8M and bringing the position to 7,679,326 shares worth $99.6M. The position accounts for 1.43% of the portfolio, ranked #13.

Summit Trail Advisors first reported a position in DLO in Q3 2021 and has held it in 18 quarters since. 153 funds tracked by Wall St. Rank hold DLO as of Q1 2026.

Summit Trail Advisors held 7,679,326 shares of dLocal worth $99.6M as of Q1 2026.
Summit Trail Advisors bought 6,738,506 dLocal shares in Q1 2026, an estimated $87.8M.
dLocal made up 1.43% of Summit Trail Advisors's portfolio in Q1 2026, its #13 holding.
Summit Trail Advisors first reported a position in dLocal in Q3 2021 and has held it in 18 quarters since.
153 funds tracked by Wall St. Rank held dLocal as of Q1 2026.

Based on Summit Trail Advisors's 13F filing for Q1 2026, filed 12 May 2026.