dLocal
111 hedge funds and large institutions have $918M invested in dLocal in 2024 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 40 increasing their positions, 29 reducing their positions, and 32 closing their positions.
179% more call options, than puts
Call options by funds: $60.7M | Put options by funds: $21.7M
38% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 29
9% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 32
3% less funds holding
Funds holding: 114 → 111 (-3)
3.35% less ownership
Funds ownership: 41.71% → 38.35% (-3.4%)
44% less funds holding in top 10
Funds holding in top 10: 9 → 5 (-4)
49% less capital invested
Capital invested by funds: $1.82B → $918M (-$898M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SC
Sylebra Capital
Palo Alto,
California
|
+$19.7M |
| 2 |
SPC
Slate Path Capital
New York
|
+$18.2M |
| 3 |
Two Sigma Investments
New York
|
+$17.6M |
| 4 |
Morgan Stanley
New York
|
+$17.2M |
| 5 |
Two Sigma Advisers
New York
|
+$13.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$101M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
-$57.9M |
| 3 |
DCP
D1 Capital Partners
New York
|
-$55.4M |
| 4 |
EAM
Eventide Asset Management
Boston,
Massachusetts
|
-$49.4M |
| 5 |
TCM
Tekne Capital Management
New York
|
-$18.4M |
DLO Hedge Fund Activity: Q2 2024 in Review
111 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q2 2024, worth a combined $918M — down 49% from $1.82B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of DLO and 29 opened new positions — a net loss of 3 holders — while 29 trimmed existing stakes and 40 added.
The largest buyer was Sylebra Capital, opening a new position worth an estimated $19.7M. The largest seller was Fidelity Investments, cutting an estimated $101M.
- 111 institutional investors held dLocal (DLO) as of Q2 2024, down from 114 in Q1 2024.
- Funds reported $918M of dLocal stock for Q2 2024, down 49% quarter-over-quarter.
- 29 funds opened new dLocal positions in Q2 2024 and 32 closed out, a net change of -3 holders.
- The largest dLocal buyer in Q2 2024 was Sylebra Capital, an estimated $19.7M added.
- The largest dLocal seller in Q2 2024 was Fidelity Investments, an estimated $101M sold.
Based on aggregated 13F filings for Q2 2024.