dLocal
153 hedge funds and large institutions have $1.42B invested in dLocal in 2026 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 44 increasing their positions, 50 reducing their positions, and 34 closing their positions.
142% more call options, than puts
Call options by funds: $48M | Put options by funds: $19.9M
22% more funds holding in top 10
Funds holding in top 10: 9 → 11 (+2)
1% more funds holding
Funds holding: 151 → 153 (+2)
9% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 34
1% more capital invested
Capital invested by funds: $1.4B → $1.42B (+$15.4M)
12% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 50
22.76% less ownership
Funds ownership: 59.79% → 37.04% (-23%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
STA
Summit Trail Advisors
New York
|
+$87.8M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$20.6M |
| 3 |
HSBC Holdings
London,
United Kingdom
|
+$18.1M |
| 4 |
Marshall Wace
London,
United Kingdom
|
+$17M |
| 5 |
AGDI
Absolute Gestao de Investimentos
Sao Paulo,
Brazil
|
+$11.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACL
Azora Capital LP
Miami,
Florida
|
-$21.9M |
| 2 |
JG
Jain Global
New York
|
-$21.1M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$8.93M |
| 4 |
Holocene Advisors
New York
|
-$7.54M |
| 5 |
Jane Street
New York
|
-$5.35M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BIG
176
Brooklyn Investment Group
Brooklyn,
New York
| – | -$199K | -13,992 | Closed |
|
177
LPL Financial
San Diego,
California
| – | -$196K | -13,857 | Closed |
|
|
TPM
178
Triasima Portfolio Management
Montreal,
Quebec, Canada
| – | -$167K | -11,823 | Closed |
|
|
TCA
179
Transcend Capital Advisors
Madison,
New Jersey
| – | -$167K | -11,810 | Closed |
|
|
JSL
180
JT Stratford LLC
Gainesville,
Georgia
| – | -$149K | -10,561 | Closed |
|
|
PF
181
Phoenix Financial
Givatayim,
Israel
| – | -$143K | -10,126 | Closed |
|
|
KAS
182
Kestra Advisory Services
Austin,
Texas
| – | -$94.8K | -6,702 | Closed |
|
|
CM
183
Caption Management
Oklahoma City,
Oklahoma
| – | -$43.6K | -3,081 | Closed |
|
|
TCM
184
Triumph Capital Management
Denver,
Colorado
| – | -$18.8K | -1,331 | Closed |
|
|
QL
185
Quarry LP
New York
| – | -$16.1K | -1,141 | Closed |
|
|
YDMI
186
Y.D. More Investments
Ramat Gan,
Israel
| – | -$7.52K | -532 | Closed |
|
187
National Bank of Canada
Montreal,
Quebec, Canada
| – | -$1.98K | -140 | Closed |
|
DLO Hedge Fund Activity: Q1 2026 in Review
153 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q1 2026, worth a combined $1.42B — up 1.1% from $1.4B a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new DLO positions and 34 closed out — a net gain of 3 holders — while 44 added to existing stakes and 50 trimmed.
The largest buyer was Summit Trail Advisors, adding an estimated $87.8M. The largest seller was Azora Capital LP, exiting entirely with an estimated $21.9M sold.
- 153 institutional investors held dLocal (DLO) as of Q1 2026, up from 151 in Q4 2025.
- Funds reported $1.42B of dLocal stock for Q1 2026, up 1.1% quarter-over-quarter.
- 37 funds opened new dLocal positions in Q1 2026 and 34 closed out, a net change of +3 holders.
- The largest dLocal buyer in Q1 2026 was Summit Trail Advisors, an estimated $87.8M added.
- The largest dLocal seller in Q1 2026 was Azora Capital LP, an estimated $21.9M sold.
Based on aggregated 13F filings for Q1 2026.