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96 hedge funds and large institutions have $2.01B invested in dLocal in 2023 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 32 increasing their positions, 37 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

282% more call options, than puts

Call options by funds: $52.3M | Put options by funds: $13.7M

0% more funds holding in top 10

Funds holding in top 10: 88 (0)

1% less capital invested

Capital invested by funds: $2.04B → $2.01B (-$22.4M)

4.08% less ownership

Funds ownership: 80.74%76.66% (-4.1%)

14% less funds holding

Funds holding: 11196 (-15)

14% less repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 37

48% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 27

Holders
96
Holders Change
-15
Holders Change %
-13.51%
% of All Funds
1.53%
Holding in Top 10
8
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.13%
New
14
Increased
32
Reduced
37
Closed
27
Calls
$52.3M
Puts
$13.7M
Net Calls
+$38.6M
Net Calls Change
-$1.86M
Name Holding Trade Value Shares
Change
Change in
Stake
GA
1
General Atlantic
New York
$1B +$64.3M +4,085,249 +7%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$256M -$3.81M -242,213 -2%
Tiger Global Management
3
Tiger Global Management
New York
$100M -$15.4M -975,383 -14%
DCP
4
D1 Capital Partners
New York
$92.2M +$1.57M +99,700 +2%
EAM
5
Eventide Asset Management
Massachusetts
$72.3M -$24.2M -1,538,682 -26%
Morgan Stanley
6
Morgan Stanley
New York
$58.4M +$20.5M +1,304,211 +57%
WA
7
Wasatch Advisors
Utah
$42M +$1.72M +109,505 +4%
CFM
8
Coronation Fund Managers
South Africa
$39.8M -$1.74M -110,639 -4%
RBGI
9
Ribbit Bullfrog GP II
California
$39.5M
Alkeon Capital Management
10
Alkeon Capital Management
New York
$30.5M +$7.14M +453,698 +32%
BCM
11
Bond Capital Management
California
$30.1M
Blackstone Inc
12
Blackstone Inc
New York
$28.8M
PP
13
Pertento Partners
United Kingdom
$26.7M +$1.56M +98,921 +6%
Goldman Sachs
14
Goldman Sachs
New York
$17.5M +$16.7M +1,059,060 +5,093%
MP
15
Mangrove Partners
Connecticut
$16.9M
STA
16
Summit Trail Advisors
New York
$16.7M -$143K -9,100 -0.9%
APC
17
Alta Park Capital
California
$14.9M +$889K +56,459 +7%
Polen Capital Management
18
Polen Capital Management
Florida
$14.6M +$13.5M +856,374 +2,056%
Baillie Gifford & Co
19
Baillie Gifford & Co
United Kingdom
$12.3M -$378 -24 -0%
FDC
20
Flight Deck Capital
California
$10.7M +$1.57M +99,924 +18%
Two Sigma Investments
21
Two Sigma Investments
New York
$7.85M -$3.9M -247,731 -34%
EMG
22
ETF Managers Group
New Jersey
$7.35M +$7.14M +453,362 New
Voloridge Investment Management
23
Voloridge Investment Management
Florida
$6.35M +$1.45M +92,000 +31%
Renaissance Technologies
24
Renaissance Technologies
New York
$6.05M +$3.15M +200,000 +116%
Robeco Institutional Asset Management
25
Robeco Institutional Asset Management
Netherlands
$5.84M +$63K +4,000 +1%

DLO Hedge Fund Activity: Q1 2023 in Review

96 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q1 2023, worth a combined $2.01B — down 1.1% from $2.04B a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of DLO and 14 opened new positions — a net loss of 13 holders — while 37 trimmed existing stakes and 32 added.

The largest buyer was General Atlantic, adding an estimated $64.3M. The largest seller was Millennium Management, exiting entirely with an estimated $35.8M sold.

  • 96 institutional investors held dLocal (DLO) as of Q1 2023, down from 111 in Q4 2022.
  • Funds reported $2.01B of dLocal stock for Q1 2023, down 1.1% quarter-over-quarter.
  • 14 funds opened new dLocal positions in Q1 2023 and 27 closed out, a net change of -13 holders.
  • The largest dLocal buyer in Q1 2023 was General Atlantic, an estimated $64.3M added.
  • The largest dLocal seller in Q1 2023 was Millennium Management, an estimated $35.8M sold.

Based on aggregated 13F filings for Q1 2023.