dLocal
120 hedge funds and large institutions have $5.83B invested in dLocal in 2021 Q3 according to their latest regulatory filings, with 55 funds opening new positions, 37 increasing their positions, 20 reducing their positions, and 18 closing their positions.
206% more first-time investments, than exits
New positions opened: 55 | Existing positions closed: 18
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
85% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 20
45% more funds holding
Funds holding: 83 → 120 (+37)
14% more capital invested
Capital invested by funds: $5.13B → $5.83B (+$701M)
6.42% more ownership
Funds ownership: 67.72% → 74.14% (+6.4%)
3% less call options, than puts
Call options by funds: $21.2M | Put options by funds: $21.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jennison Associates
New York
|
+$174M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$69.7M |
| 3 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$66M |
| 4 |
SPPAM
Summit Partners Public Asset Management
Boston,
Massachusetts
|
+$63M |
| 5 |
AI
Axiom Investors
Greenwich,
Connecticut
|
+$56.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$77.8M |
| 2 |
DIG
Dragoneer Investment Group
San Francisco,
California
|
-$52.5M |
| 3 |
Norges Bank
Oslo,
Norway
|
-$33.5M |
| 4 |
WI
Wafra Inc
New York
|
-$24.5M |
| 5 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$17.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
126
Samlyn Capital
New York
| – | -$4.48M | -85,336 | Closed |
|
|
SCM
127
Steadfast Capital Management
New York
| – | -$3.94M | -75,000 | Closed |
|
|
WP
128
Woodline Partners
San Francisco,
California
| – | -$3.41M | -64,836 | Closed |
|
|
BC
129
Brookfield Corp
Toronto,
Ontario, Canada
| – | -$2.63M | -50,000 | Closed |
|
|
MCM
130
Moore Capital Management
New York
| – | -$1.23M | -23,464 | Closed |
|
|
BCM
131
Bienville Capital Management
New York
| – | -$1.23M | -23,377 | Closed |
|
132
Wellington Management Group
Boston,
Massachusetts
| – | -$1.08M | -20,513 | Closed |
|
133
Capstone Investment Advisors
New York
| – | -$525K | -10,000 | Closed |
|
134
Squarepoint
New York
| – | -$450K | -8,561 | Closed |
|
135
Hudson Bay Capital Management
Stamford,
Connecticut
| – | -$394K | -7,500 | Closed |
|
|
TAM
136
Tocqueville Asset Management
New York
| – | -$341K | -6,500 | Closed |
|
|
MICM
137
Matthews International Capital Management
San Francisco,
California
| – | -$213K | -4,047 | Closed |
|
138
CI Investments Inc
Toronto,
Ontario, Canada
| – | +$223 | +4 | New |
|
DLO Hedge Fund Activity: Q3 2021 in Review
120 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q3 2021, worth a combined $5.83B — up 14% from $5.13B a quarter earlier.
Buyers outnumbered sellers: 55 funds opened new DLO positions and 18 closed out — a net gain of 37 holders — while 37 added to existing stakes and 20 trimmed.
The largest buyer was Jennison Associates, adding an estimated $174M. The largest seller was T. Rowe Price Associates, cutting an estimated $77.8M.
- 120 institutional investors held dLocal (DLO) as of Q3 2021, up from 83 in Q2 2021.
- Funds reported $5.83B of dLocal stock for Q3 2021, up 14% quarter-over-quarter.
- 55 funds opened new dLocal positions in Q3 2021 and 18 closed out, a net change of +37 holders.
- The largest dLocal buyer in Q3 2021 was Jennison Associates, an estimated $174M added.
- The largest dLocal seller in Q3 2021 was T. Rowe Price Associates, an estimated $77.8M sold.
Based on aggregated 13F filings for Q3 2021.