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107 hedge funds and large institutions have $1.17B invested in dLocal in 2024 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 22 increasing their positions, 41 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

102% more call options, than puts

Call options by funds: $63.5M | Put options by funds: $31.5M

40% more capital invested

Capital invested by funds: $836M → $1.17B (+$333M)

8% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 26

1% more funds holding

Funds holding: 106107 (+1)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

0.47% less ownership

Funds ownership: 69.34%68.87% (-0.47%)

46% less repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 41

Holders
107
Holders Change
+1
Holders Change %
+0.94%
% of All Funds
1.41%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
28
Increased
22
Reduced
41
Closed
26
Calls
$63.5M
Puts
$31.5M
Net Calls
+$32M
Net Calls Change
+$5.06M
Name Holding Trade Value Shares
Change
Change in
Stake
GA
1
General Atlantic
New York
$720M
RMC
2
Ribbit Management Company
California
$43.8M
ACL
3
Azora Capital LP
Florida
$37.1M +$33.2M +3,298,717 New
MP
4
Marcho Partners
United Kingdom
$30.2M -$19.2M -1,908,669 -42%
Baillie Gifford & Co
5
Baillie Gifford & Co
United Kingdom
$29.4M +$13.7M +1,360,183 +109%
Canada Pension Plan Investment Board
6
Canada Pension Plan Investment Board
Ontario, Canada
$25.1M +$22.4M +2,229,033 New
BCM
7
Bond Capital Management
California
$20.9M
Marshall Wace
8
Marshall Wace
United Kingdom
$19.1M -$3.31M -328,907 -16%
JGC
9
J. Goldman & Co
New York
$15.2M +$13.2M +1,310,681 +3,236%
Two Sigma Investments
10
Two Sigma Investments
New York
$13.7M -$1.67M -165,897 -12%
FSC
11
Fourth Sail Capital
Cayman Islands
$13.4M -$5.88M -584,334 -33%
Morgan Stanley
12
Morgan Stanley
New York
$12.5M -$26.4M -2,622,384 -70%
Citadel Advisors
13
Citadel Advisors
Florida
$12M +$4.97M +493,767 +86%
Holocene Advisors
14
Holocene Advisors
New York
$11.7M +$7.51M +745,691 +255%
Deutsche Bank
15
Deutsche Bank
Germany
$11.4M -$4.19M -416,235 -29%
Two Sigma Advisers
16
Two Sigma Advisers
New York
$11.2M -$4.48M -445,000 -31%
Balyasny Asset Management
17
Balyasny Asset Management
Illinois
$11.1M +$4.49M +445,549 +82%
STA
18
Summit Trail Advisors
New York
$10.6M
TM
19
Tikvah Management
North Carolina
$10.2M +$4.87M +483,500 +116%
Alkeon Capital Management
20
Alkeon Capital Management
New York
$9.28M
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
$8.7M -$377K -37,467 -5%
Millennium Management
22
Millennium Management
New York
$7.54M -$4.92M -488,167 -42%
Goldman Sachs
23
Goldman Sachs
New York
$7.24M +$822K +81,650 +15%
Polen Capital Management
24
Polen Capital Management
Florida
$7.06M -$3.62M -359,923 -36%
State Street
25
State Street
Massachusetts
$6.01M +$226K +22,440 +4%

DLO Hedge Fund Activity: Q4 2024 in Review

107 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in dLocal (DLO) for Q4 2024, worth a combined $1.17B — up 40% from $836M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new DLO positions and 26 closed out — a net gain of 2 holders — while 22 added to existing stakes and 41 trimmed.

The largest buyer was Azora Capital LP, opening a new position worth an estimated $33.2M. The largest seller was Morgan Stanley, cutting an estimated $26.4M.

  • 107 institutional investors held dLocal (DLO) as of Q4 2024, up from 106 in Q3 2024.
  • Funds reported $1.17B of dLocal stock for Q4 2024, up 40% quarter-over-quarter.
  • 28 funds opened new dLocal positions in Q4 2024 and 26 closed out, a net change of +2 holders.
  • The largest dLocal buyer in Q4 2024 was Azora Capital LP, an estimated $33.2M added.
  • The largest dLocal seller in Q4 2024 was Morgan Stanley, an estimated $26.4M sold.

Based on aggregated 13F filings for Q4 2024.