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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.

New
Increased
Maintained
Reduced
Closed

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: 77 (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: 111108 (-3)

23% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 39

Holders
108
Holders Change
-3
Holders Change %
-2.7%
% of All Funds
1.71%
Holding in Top 10
7
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.11%
New
26
Increased
30
Reduced
39
Closed
28
Calls
$127M
Puts
$25M
Net Calls
+$102M
Net Calls Change
+$12.8M
Name Holding Trade Value Shares
Change
Change in
Stake
GA
1
General Atlantic
New York
$1.23B
Fidelity Investments
2
Fidelity Investments
Massachusetts
$204M -$56.6M -3,325,111 -24%
EAM
3
Eventide Asset Management
Massachusetts
$105M -$3.88M -227,723 -4%
Alkeon Capital Management
4
Alkeon Capital Management
New York
$103M +$40M +2,350,000 +78%
RBGI
5
Ribbit Bullfrog GP II
California
$73M
ACGDR
6
Atmos Capital Gestao de Recursos
Brazil
$63.8M +$24.8M +1,459,101 +78%
Morgan Stanley
7
Morgan Stanley
New York
$59.5M -$3.35M -196,735 -6%
DCP
8
D1 Capital Partners
New York
$52.5M -$44.9M -2,636,809 -49%
WA
9
Wasatch Advisors
Utah
$50.9M +$1.97M +115,743 +5%
Polen Capital Management
10
Polen Capital Management
Florida
$36.9M +$4M +234,772 +14%
BCM
11
Bond Capital Management
California
$35.6M
MP
12
Marcho Partners
United Kingdom
$22.8M +$10.8M +634,961 +114%
Marshall Wace
13
Marshall Wace
United Kingdom
$22.2M +$6.94M +407,559 +54%
PP
14
Pertento Partners
United Kingdom
$19.2M -$9.98M -586,387 -37%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$18.6M +$16.5M +971,800 New
STA
16
Summit Trail Advisors
New York
$18M
Two Sigma Investments
17
Two Sigma Investments
New York
$17.2M -$2.29M -134,305 -13%
Norges Bank
18
Norges Bank
Norway
$15.5M +$13.8M +809,601 New
ZCI
19
Zevenbergen Capital Investments
Washington
$15.1M +$13.4M +787,325 New
Man Group
20
Man Group
United Kingdom
$13.6M -$5.44M -319,463 Closed
Voloridge Investment Management
21
Voloridge Investment Management
Florida
$11.1M +$924K +54,305 +10%
Baillie Gifford & Co
22
Baillie Gifford & Co
United Kingdom
$10.6M -$2.01K -118 -0%
FDC
23
Flight Deck Capital
California
$9.29M -$2.98M -174,857 -27%
Two Sigma Advisers
24
Two Sigma Advisers
New York
$8.7M +$59.6K +3,500 +0.8%
Millennium Management
25
Millennium Management
New York
$8.21M -$7.97M -468,078 -52%

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.