120 hedge funds and large institutions have $1.16B invested in dLocal in 2025 Q2 according to their latest regulatory filings, with 38 funds opening new positions, 34 increasing their positions, 30 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
120
Holders Change
+25
Holders Change %
+26.32%
% of All Funds
1.61%
Holding in Top 10
6
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+20%
% of All Funds
0.08%
New
38
Increased
34
Reduced
30
Closed
13
Calls
$63.9M
Puts
$35.6M
Net Calls
+$28.3M
Net Calls Change
+$12.8M
Name Holding Trade Value Shares
Change
Shares
Change %
GA
1
General Atlantic
New York
$725M
Bank of America
2
Bank of America
North Carolina
$83.2M +$80.6M +7,111,896 +3,174%
RMC
3
Ribbit Management Company
California
$44.1M
Baillie Gifford & Co
4
Baillie Gifford & Co
United Kingdom
$30.6M +$1.1M +97,044 +4%
Marshall Wace
5
Marshall Wace
United Kingdom
$30.4M +$11.9M +1,047,692 +64%
FSC
6
Fourth Sail Capital
Cayman Islands
$17.5M +$4.43M +390,270 +34%
Jane Street
7
Jane Street
New York
$14M +$1.41M +124,381 +11%
Morgan Stanley
8
Morgan Stanley
New York
$12.7M +$328K +28,886 +3%
TM
9
Tikvah Management
North Carolina
$12M
JGC
10
J. Goldman & Co
New York
$11.5M +$11.5M +1,014,813 New
STA
11
Summit Trail Advisors
New York
$10.7M
BCM
12
Bond Capital Management
California
$10.5M
Millennium Management
13
Millennium Management
New York
$9.83M +$3.45M +303,879 +54%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$9.36M +$1.15M +101,617 +14%
Alkeon Capital Management
15
Alkeon Capital Management
New York
$9.34M
Two Sigma Investments
16
Two Sigma Investments
New York
$8.48M -$2.96M -260,994 -26%
TCGDR
17
TB Capital Gestao de Recursos
$7.27M +$7.27M +641,185 New
Polen Capital Management
18
Polen Capital Management
Florida
$6.87M -$246K -21,666 -3%
Ameriprise
19
Ameriprise
Minnesota
$6.4M +$412K +36,319 +7%
Renaissance Technologies
20
Renaissance Technologies
New York
$5.96M +$2.29M +201,989 +62%
LG
21
Lane Generational
Massachusetts
$5.96M
Holocene Advisors
22
Holocene Advisors
New York
$5.58M -$741K -65,307 -12%
CSS
23
Cubist Systematic Strategies
Connecticut
$5.09M +$5.09M +449,106 New
Balyasny Asset Management
24
Balyasny Asset Management
Illinois
$4.96M +$3.98M +350,588 +405%
BNP Paribas Financial Markets
25
BNP Paribas Financial Markets
France
$4.48M +$396K +34,941 +10%