dLocal
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.
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: 7 → 7 (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: 111 → 108 (-3)
23% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Alkeon Capital Management
New York
|
+$40M |
| 2 |
ACGDR
Atmos Capital Gestao de Recursos
Leblon - Rio De Janeiro,
Brazil
|
+$24.8M |
| 3 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$16.5M |
| 4 |
Norges Bank
Oslo,
Norway
|
+$13.8M |
| 5 |
ZCI
Zevenbergen Capital Investments
Edmonds,
Washington
|
+$13.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$56.6M |
| 2 |
DCP
D1 Capital Partners
New York
|
-$44.9M |
| 3 |
PP
Pertento Partners
London,
United Kingdom
|
-$9.98M |
| 4 |
Millennium Management
New York
|
-$7.97M |
| 5 |
Tiger Global Management
New York
|
-$6.94M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GS
126
GTS Securities
New York
| – | -$249K | -14,658 | Closed |
|
|
OWM
127
OneAscent Wealth Management
Birmingham,
Alabama
| – | -$152K | -12,442 | Closed |
|
|
SEC
128
Seven Eight Capital
New York
| – | -$150K | -12,274 | Closed |
|
|
JF
129
Jump Financial
Chicago,
Illinois
| – | -$147K | -12,008 | Closed |
|
130
Belvedere Trading
Chicago,
Illinois
| – | -$138K | -11,311 | Closed |
|
|
OFS
131
OneAscent Financial Services
Birmingham,
Alabama
| – | -$131K | -10,755 | Closed |
|
|
PI
132
PEAK6 Investments
Chicago,
Illinois
| – | -$166K | -9,737 | Closed |
|
|
ACM
133
Aquatic Capital Management
Chicago,
Illinois
| – | -$61K | -5,000 | Closed |
|
|
SOW
134
State of Wyoming
Cheyenne,
Wyoming
| – | -$45.4K | -3,719 | Closed |
|
|
SHIM
135
Stone House Investment Management
Tunkhannock,
Pennsylvania
| – | -$9.15K | -750 | Closed |
|
|
MIFH
136
Migdal Insurance & Financial Holdings
Petach Tikva,
Israel
| – | -$272 | -16 | -94% |
|
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.