dLocal
114 hedge funds and large institutions have $1.82B invested in dLocal in 2024 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 42 increasing their positions, 38 reducing their positions, and 31 closing their positions.
234% more call options, than puts
Call options by funds: $41.5M | Put options by funds: $12.4M
11% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 38
2.64% less ownership
Funds ownership: 44.35% → 41.71% (-2.6%)
9% less funds holding
Funds holding: 125 → 114 (-11)
10% less funds holding in top 10
Funds holding in top 10: 10 → 9 (-1)
21% less capital invested
Capital invested by funds: $2.31B → $1.82B (-$490M)
35% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MP
Marcho Partners
London,
United Kingdom
|
+$21.1M |
| 2 |
TCM
Tekne Capital Management
New York
|
+$20.9M |
| 3 |
DCP
D1 Capital Partners
New York
|
+$17.2M |
| 4 |
FSC
Fourth Sail Capital
Camana Bay Grand Cayman,
Cayman Islands
|
+$11M |
| 5 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$9.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$58.1M |
| 2 |
Morgan Stanley
New York
|
-$47.9M |
| 3 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$34.5M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
-$19.4M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
-$14.5M |
DLO Hedge Fund Activity: Q1 2024 in Review
114 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q1 2024, worth a combined $1.82B — down 21% from $2.31B a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of DLO and 20 opened new positions — a net loss of 11 holders — while 38 trimmed existing stakes and 42 added.
The largest buyer was Marcho Partners, adding an estimated $21.1M. The largest seller was Bank of America, cutting an estimated $58.1M.
- 114 institutional investors held dLocal (DLO) as of Q1 2024, down from 125 in Q4 2023.
- Funds reported $1.82B of dLocal stock for Q1 2024, down 21% quarter-over-quarter.
- 20 funds opened new dLocal positions in Q1 2024 and 31 closed out, a net change of -11 holders.
- The largest dLocal buyer in Q1 2024 was Marcho Partners, an estimated $21.1M added.
- The largest dLocal seller in Q1 2024 was Bank of America, an estimated $58.1M sold.
Based on aggregated 13F filings for Q1 2024.