dLocal
DLO
111 hedge funds and large institutions have $1.5B invested in dLocal in 2023 Q2 according to their latest regulatory filings, with 34 funds opening new positions, 34 increasing their positions, 33 reducing their positions, and 18 closing their positions.
557% more call options, than puts
Call options by funds: $106M | Put options by funds: $16.1M
89% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 18
16% more funds holding
Funds holding: 96 → 111 (+15)
3% more repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 33
13% less funds holding in top 10
Funds holding in top 10: 8 → 7 (-1)
26% less capital invested
Capital invested by funds: $2.01B → $1.5B (-$518M)
34.96% less ownership
Funds ownership: 76.66% → 41.71% (-35%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GA
General Atlantic
New York
|
+$28.6M |
| 2 |
ACGDR
Atmos Capital Gestao de Recursos
Leblon - Rio De Janeiro,
Brazil
|
+$24.7M |
| 3 |
RBGI
Ribbit Bullfrog GP II
Palo Alto,
California
|
+$18.1M |
| 4 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
+$16.4M |
| 5 |
Alkeon Capital Management
New York
|
+$15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tiger Global Management
New York
|
-$74M |
| 2 |
CFM
Coronation Fund Managers
Cape Town,
South Africa
|
-$31.7M |
| 3 |
Blackstone Inc
New York
|
-$28.8M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$24.3M |
| 5 |
MP
Mangrove Partners
Greenwich,
Connecticut
|
-$16.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
126
Lazard Asset Management
New York
| – | -$25K | -1,559 | Closed |
|
|
CWM
127
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | -$2.43K | -150 | Closed |
|
|
BWL
128
Bogart Wealth LLC
Mclean,
Virginia
| – | -$1.38K | -85 | Closed |
|
|
MIFH
129
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$251 | -19 | -53% |
|
DLO Hedge Fund Activity: Q2 2023 in Review
111 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q2 2023, worth a combined $1.5B — down 26% from $2.01B a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new DLO positions and 18 closed out — a net gain of 16 holders — while 34 added to existing stakes and 33 trimmed.
The largest buyer was General Atlantic, adding an estimated $28.6M. The largest seller was Tiger Global Management, cutting an estimated $74M.
- 111 institutional investors held dLocal (DLO) as of Q2 2023, up from 96 in Q1 2023.
- Funds reported $1.5B of dLocal stock for Q2 2023, down 26% quarter-over-quarter.
- 34 funds opened new dLocal positions in Q2 2023 and 18 closed out, a net change of +16 holders.
- The largest dLocal buyer in Q2 2023 was General Atlantic, an estimated $28.6M added.
- The largest dLocal seller in Q2 2023 was Tiger Global Management, an estimated $74M sold.
Based on aggregated 13F filings for Q2 2023.