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108 hedge funds and large institutions have $2.33B invested in dLocal in 2023 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 30 increasing their positions, 39 reducing their positions, and 28 closing their positions.

New
Increased
Maintained
Reduced
Closed

410% more call options, than puts

Call options by funds: $127M | Put options by funds: $25M

56% more capital invested

Capital invested by funds: $1.5B → $2.33B (+$831M)

0% more funds holding in top 10

Funds holding in top 10: 77 (0)

0.64% less ownership

Funds ownership: 41.71%41.06% (-0.64%)

7% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 28

3% less funds holding

Funds holding: 111108 (-3)

23% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 39

Holders
108
Holders Change
-3
Holders Change %
-2.7%
% of All Funds
1.71%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
26
Increased
30
Reduced
39
Closed
28
Calls
$127M
Puts
$25M
Net Calls
+$102M
Net Calls Change
+$12.8M
Name Holding Trade Value Shares
Change
Change in
Stake
JGC
26
J. Goldman & Co
New York
$7.72M +$6.86M +402,750 New
Susquehanna International Group
27
Susquehanna International Group
Pennsylvania
$7.13M +$4.4M +258,240 +228%
FAM
28
Fred Alger Management
New York
$6.22M +$14.6K +858 +0.3%
YSP
29
Yarra Square Partners
New York
$5.54M -$2.61M -153,500 -35%
COPPSERS
30
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$4.85M -$641K -37,688 -13%
Holocene Advisors
31
Holocene Advisors
New York
$4.84M +$4.3M +252,649 New
TC
32
TwinBeech Capital
New York
$4.04M +$3.59M +210,759 New
JP Morgan Chase
33
JP Morgan Chase
New York
$4.03M +$3.37M +197,870 +1,591%
Bank of America
34
Bank of America
North Carolina
$3.98M +$1.49M +87,643 +73%
CPIH
35
Consolidated Press International Holdings
Australia
$3.95M +$57.8K +3,396 +2%
Mirae Asset Global Investments
36
Mirae Asset Global Investments
South Korea
$3.92M -$16.3K -956 -0.5%
State Street
37
State Street
Massachusetts
$3.9M +$51.9K +3,049 +2%
BCM
38
Bienville Capital Management
New York
$3.82M +$3.4M +199,477 New
PCM
39
Penserra Capital Management
California
$3.82M +$2.67M +156,865 +371%
TIM
40
Thornburg Investment Management
New Mexico
$3.65M +$3.25M +190,652 New
SEI Investments
41
SEI Investments
Pennsylvania
$3.25M -$168K -9,848 -5%
Geode Capital Management
42
Geode Capital Management
Massachusetts
$2.51M -$562K -33,014 -20%
CSS
43
Cubist Systematic Strategies
Connecticut
$2.33M -$3.02M -177,566 -59%
RCM
44
Ratan Capital Management
Florida
$1.92M +$1.7M +100,000 New
PP
45
PDT Partners
New York
$1.74M -$1.74M -102,451 -53%
Vanguard Group
46
Vanguard Group
Pennsylvania
$1.72M +$3.59K +211 +0.2%
BlackRock
47
BlackRock
New York
$1.61M -$604K -35,512 -30%
PRC
48
Pearl River Capital
Michigan
$1.44M +$117K +6,900 +10%
VFA
49
Values First Advisors
Tennessee
$1.11M -$80.2K -4,714 -8%
OCM
50
Octahedron Capital Management
California
$1.05M

DLO Hedge Fund Activity: Q3 2023 in Review

108 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q3 2023, worth a combined $2.33B — up 56% from $1.5B a quarter earlier.

Sellers outnumbered buyers: 28 funds closed out of DLO and 26 opened new positions — a net loss of 2 holders — while 39 trimmed existing stakes and 30 added.

The largest buyer was Alkeon Capital Management, adding an estimated $40M. The largest seller was Fidelity Investments, cutting an estimated $56.6M.

  • 108 institutional investors held dLocal (DLO) as of Q3 2023, down from 111 in Q2 2023.
  • Funds reported $2.33B of dLocal stock for Q3 2023, up 56% quarter-over-quarter.
  • 26 funds opened new dLocal positions in Q3 2023 and 28 closed out, a net change of -2 holders.
  • The largest dLocal buyer in Q3 2023 was Alkeon Capital Management, an estimated $40M added.
  • The largest dLocal seller in Q3 2023 was Fidelity Investments, an estimated $56.6M sold.

Based on aggregated 13F filings for Q3 2023.