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111 hedge funds and large institutions have $2.04B invested in dLocal in 2022 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 44 increasing their positions, 32 reducing their positions, and 58 closing their positions.

New
Increased
Maintained
Reduced
Closed

180% more call options, than puts

Call options by funds: $63M | Put options by funds: $22.5M

38% more repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 32

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

6.21% less ownership

Funds ownership: 86.96%80.74% (-6.2%)

22% less funds holding

Funds holding: 143111 (-32)

29% less capital invested

Capital invested by funds: $2.87B → $2.04B (-$836M)

53% less first-time investments, than exits

New positions opened: 27 | Existing positions closed: 58

Holders
111
Holders Change
-32
Holders Change %
-22.38%
% of All Funds
1.78%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.13%
New
27
Increased
44
Reduced
32
Closed
58
Calls
$63M
Puts
$22.5M
Net Calls
+$40.5M
Net Calls Change
+$36.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
26
Susquehanna International Group
Pennsylvania
$5.88M +$3.31M +188,275 +99%
Robeco Institutional Asset Management
27
Robeco Institutional Asset Management
Netherlands
$5.51M +$6.23M +354,000 New
FAM
28
Fred Alger Management
New York
$5.14M +$598 +34 +0%
COPPSERS
29
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.81M -$650K -36,938 -11%
Voloridge Investment Management
30
Voloridge Investment Management
Florida
$4.66M +$5.27M +299,524 New
TI
31
Trexquant Investment
Connecticut
$3.43M +$3.61M +205,068 +1,348%
Mirae Asset Global Investments
32
Mirae Asset Global Investments
South Korea
$3.36M -$699K -39,762 -16%
Man Group
33
Man Group
United Kingdom
$2.95M +$2.71M +154,172 +441%
SEI Investments
34
SEI Investments
Pennsylvania
$2.82M -$8.58M -487,872 -73%
Renaissance Technologies
35
Renaissance Technologies
New York
$2.69M +$1.37M +77,900 +82%
PP
36
PDT Partners
New York
$2.68M +$1.61M +91,671 +114%
Balyasny Asset Management
37
Balyasny Asset Management
Illinois
$2.59M +$2.92M +166,238 New
BNP Paribas Financial Markets
38
BNP Paribas Financial Markets
France
$2.49M +$1.95M +110,974 +225%
Geode Capital Management
39
Geode Capital Management
Massachusetts
$2.34M +$268K +15,252 +11%
CSS
40
Cubist Systematic Strategies
Connecticut
$2.22M +$1.01M +57,592 +68%
CP
41
CenterBook Partners
Connecticut
$1.99M +$1.98M +112,500 +742%
LIP
42
Liontrust Investment Partners
United Kingdom
$1.79M +$563K +32,000 +53%
GCM
43
Ghisallo Capital Management
Massachusetts
$1.56M
OCM
44
Octahedron Capital Management
California
$1.55M -$2.87M -163,329 -62%
State Street
45
State Street
Massachusetts
$1.46M -$143K -8,136 -8%
Vanguard Group
46
Vanguard Group
Pennsylvania
$1.32M +$9.94K +565 +0.7%
SI
47
Sora Investors
Pennsylvania
$1.28M +$1.44M +82,000 New
Legal & General Group
48
Legal & General Group
United Kingdom
$1.22M +$347K +19,705 +34%
QT
49
Quantbot Technologies
New York
$1.2M +$1.28M +72,747 +1,588%
D.E. Shaw & Co
50
D.E. Shaw & Co
New York
$1.15M +$1.3M +73,721 New

DLO Hedge Fund Activity: Q4 2022 in Review

111 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q4 2022, worth a combined $2.04B — down 29% from $2.87B a quarter earlier.

Sellers outnumbered buyers: 58 funds closed out of DLO and 27 opened new positions — a net loss of 31 holders — while 32 trimmed existing stakes and 44 added.

The largest buyer was Fidelity Investments, adding an estimated $81.6M. The largest seller was Jennison Associates, exiting entirely with an estimated $156M sold.

  • 111 institutional investors held dLocal (DLO) as of Q4 2022, down from 143 in Q3 2022.
  • Funds reported $2.04B of dLocal stock for Q4 2022, down 29% quarter-over-quarter.
  • 27 funds opened new dLocal positions in Q4 2022 and 58 closed out, a net change of -31 holders.
  • The largest dLocal buyer in Q4 2022 was Fidelity Investments, an estimated $81.6M added.
  • The largest dLocal seller in Q4 2022 was Jennison Associates, an estimated $156M sold.

Based on aggregated 13F filings for Q4 2022.