Who owns DLocal (DLO)
Which tracked institutional funds hold DLO, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DLO company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
42 tracked funds added or opened DLO while 42 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DLO’s largest tracked holder by dollar value, GENERAL ATLANTIC, L.P., sizes it at 20.9% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 20.9pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in DLO divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 158 tracked filers holding DLO, 85 increased or opened the position and 87 reduced or closed it; over the same quarter, open-market insider Form 4s were net purchases.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DLO between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 19
- WELLINGTON MANAGEMENT GROUP LLP$19M
- Itau Unibanco Holding S.A.$9M
- NORTHERN TRUST CORP$8M
- M&G PLC$5M
- Arthedge Capital Management, LLC$5M
- Nuveen, LLC$4M
Full exits 17
- RENAISSANCE TECHNOLOGIES LLC$10M
- TUDOR INVESTMENT CORP ET AL$8M
- Qube Research & Technologies Ltd$7M
- HRT FINANCIAL LP$7M
- SG Americas Securities, LLC$6M
- Proem Advisors LLC$6M
Largest adds
- BlackRock, Inc.$66M
- ATMOS CAPITAL GESTAO DE RECURSOS LTDA.$25M
- Fourth Sail Capital LP$22M
- GEODE CAPITAL MANAGEMENT, LLC$16M
- Invenomic Capital Management LP$15M
- BANK OF AMERICA CORP /DE/$11M
Largest trims
- MARSHALL WACE, LLP$30M
- D. E. Shaw & Co., Inc.$23M
- TWO SIGMA INVESTMENTS, LP$14M
- FMR LLC$14M
- Absolute Gestao de Investimentos Ltda.$7M
- PDT Partners, LLC$4M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| GENERAL ATLANTIC, L.P. | 46,656,695 | $606M | 40.0% | 2026-Q2 |
| Summit Trail Advisors, LLC added | 7,679,330 | $100M | 6.6% | 2026-Q2 |
| BlackRock, Inc. added | 5,080,957 | $66M | 4.4% | 2026-Q2 |
| BANK OF AMERICA CORP /DE/ added | 4,925,747 | $64M | 4.2% | 2026-Q2 |
| Cria, Inc. | 4,000,000 | $52M | 3.4% | 2026-Q2 |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. added | 3,990,466 | $52M | 3.4% | 2026-Q2 |
| Fourth Sail Capital LP added | 3,943,171 | $51M | 3.4% | 2026-Q2 |
| Ribbit Management Company, LLC | 3,891,900 | $51M | 3.3% | 2026-Q2 |
| Paradice Investment Management LLC added | 2,732,680 | $36M | 2.3% | 2026-Q2 |
| MARSHALL WACE, LLP trimmed | 2,644,137 | $34M | 2.3% | 2026-Q2 |
| BAILLIE GIFFORD & CO trimmed | 2,552,819 | $33M | 2.2% | 2026-Q2 |
| MORGAN STANLEY trimmed | 1,928,612 | $25M | 1.7% | 2026-Q2 |
| HSBC HOLDINGS PLC added | 1,660,016 | $22M | 1.4% | 2026-Q2 |
| WELLINGTON MANAGEMENT GROUP LLP new | 1,492,802 | $19M | 1.3% | 2026-Q2 |
| Tikvah Management LLC added | 1,420,822 | $18M | 1.2% | 2026-Q2 |
| Invenomic Capital Management LP added | 1,395,170 | $18M | 1.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 1,354,066 | $18M | 1.2% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 1,241,239 | $16M | 1.1% | 2026-Q2 |
| TB Capital Gestao de Recursos Ltda. added | 1,112,612 | $14M | 1.0% | 2026-Q2 |
| D. E. Shaw & Co., Inc. trimmed | 1,071,538 | $14M | 0.9% | 2026-Q2 |
| STATE STREET CORP added | 954,918 | $12M | 0.8% | 2026-Q2 |
| Bond Capital Management, LP | 927,500 | $12M | 0.8% | 2026-Q2 |
| ALKEON CAPITAL MANAGEMENT LLC | 823,837 | $11M | 0.7% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS trimmed | 790,027 | $10M | 0.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 749,636 | $10M | 0.6% | 2026-Q2 |
| Itau Unibanco Holding S.A. added | 690,846 | $9M | 0.6% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC added | 649,343 | $8M | 0.6% | 2026-Q2 |
| NORTHERN TRUST CORP added | 616,276 | $8M | 0.5% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 496,545 | $6M | 0.4% | 2026-Q2 |
| J. Goldman & Co LP added | 487,000 | $6M | 0.4% | 2026-Q2 |
| Lane Generational LLC trimmed | 473,687 | $6M | 0.4% | 2026-Q2 |
| POLEN CAPITAL MANAGEMENT LLC trimmed | 456,087 | $6M | 0.4% | 2026-Q2 |
| MILLENNIUM MANAGEMENT LLC trimmed | 417,051 | $5M | 0.4% | 2026-Q2 |
| M&G PLC new | 413,062 | $5M | 0.4% | 2026-Q2 |
| TWO SIGMA INVESTMENTS, LP trimmed | 397,058 | $5M | 0.3% | 2026-Q2 |
| Arthedge Capital Management, LLC new | 366,878 | $5M | 0.3% | 2026-Q2 |
| Absolute Gestao de Investimentos Ltda. trimmed | 364,508 | $5M | 0.3% | 2026-Q2 |
| FMR LLC trimmed | 310,043 | $4M | 0.3% | 2026-Q2 |
| Bastion Asset Management Inc. new | 290,156 | $4M | 0.2% | 2026-Q2 |
| Nuveen, LLC new | 289,146 | $4M | 0.2% | 2026-Q2 |
| MIRABELLA FINANCIAL SERVICES LLP trimmed | 267,167 | $3M | 0.2% | 2026-Q2 |
| Empowered Funds, LLC added | 254,959 | $3M | 0.2% | 2026-Q2 |
| Trexquant Investment LP trimmed | 245,065 | $3M | 0.2% | 2026-Q2 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC new | 221,293 | $3M | 0.2% | 2026-Q2 |
| Bank of New York Mellon Corp new | 219,915 | $3M | 0.2% | 2026-Q2 |
| SCHWARTZ INVESTMENT COUNSEL INC | 207,200 | $3M | 0.2% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 199,672 | $3M | 0.2% | 2026-Q2 |
| HUSSMAN STRATEGIC ADVISORS, INC. trimmed | 168,000 | $2M | 0.1% | 2026-Q2 |
| LAZARD ASSET MANAGEMENT LLC added | 161,770 | $2M | 0.1% | 2026-Q2 |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. trimmed | 158,692 | $2M | 0.1% | 2026-Q2 |
| WINTON GROUP Ltd added | 142,525 | $2M | 0.1% | 2026-Q2 |
| Sagil Capital LLP new | 119,167 | $2M | 0.1% | 2026-Q2 |
| UBS Group AG trimmed | 114,422 | $1M | 0.1% | 2026-Q2 |
| RHUMBLINE ADVISERS new | 112,529 | $1M | 0.1% | 2026-Q2 |
| Invesco Ltd. added | 110,485 | $1M | 0.1% | 2026-Q2 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. added | 100,470 | $1M | 0.1% | 2026-Q2 |
| ALLIANCEBERNSTEIN L.P. trimmed | 95,100 | $1M | 0.1% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 90,574 | $1M | 0.1% | 2026-Q2 |
| Point Nemo Capital, LLC trimmed | 89,135 | $1M | 0.1% | 2026-Q2 |
| VANGUARD FIDUCIARY TRUST CO new | 86,187 | $1M | 0.1% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 85,694 | $1M | 0.1% | 2026-Q2 |
| Legend Financial Advisors, Inc. trimmed | 83,373 | $1M | 0.1% | 2026-Q2 |
| PRICE T ROWE ASSOCIATES INC /MD/ trimmed | 78,291 | $1M | 0.1% | 2026-Q2 |
| IMC-Chicago, LLC trimmed | 77,245 | $1M | 0.1% | 2026-Q2 |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 73,087 | $950K | 0.1% | 2026-Q2 |
| GROUP ONE TRADING LLC trimmed | 71,998 | $936K | 0.1% | 2026-Q2 |
| PDT Partners, LLC trimmed | 68,888 | $895K | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC new | 67,500 | $877K | 0.1% | 2026-Q2 |
| VANGUARD CAPITAL MANAGEMENT LLC | 63,001 | $819K | 0.1% | 2026-Q2 |
| Walleye Capital LLC trimmed | 61,878 | $804K | 0.1% | 2026-Q2 |
| DODGE & COX added | 61,500 | $799K | 0.1% | 2026-Q2 |
| VPR Management LLC | 56,000 | $728K | 0.0% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 55,806 | $725K | 0.0% | 2026-Q2 |
| Squarepoint Ops LLC added | 54,199 | $704K | 0.0% | 2026-Q2 |
| MetLife Investment Management, LLC new | 53,786 | $699K | 0.0% | 2026-Q2 |
| Massar Capital Management, LP trimmed | 53,139 | $691K | 0.0% | 2026-Q2 |
| CITIGROUP INC trimmed | 49,574 | $644K | 0.0% | 2026-Q2 |
| State of Wyoming trimmed | 47,798 | $621K | 0.0% | 2026-Q2 |
| Legal & General Group Plc added | 43,294 | $563K | 0.0% | 2026-Q2 |
| Vident Advisory, LLC added | 42,030 | $546K | 0.0% | 2026-Q2 |
| Yorktown Management & Research Co Inc | 41,500 | $539K | 0.0% | 2026-Q2 |
| BARCLAYS PLC trimmed | 40,797 | $530K | 0.0% | 2026-Q2 |
| CITADEL ADVISORS LLC trimmed | 35,419 | $460K | 0.0% | 2026-Q2 |
| XTX Topco Ltd added | 33,272 | $432K | 0.0% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC trimmed | 32,623 | $424K | 0.0% | 2026-Q2 |
| NEW YORK STATE COMMON RETIREMENT FUND new | 32,000 | $416K | 0.0% | 2026-Q2 |
| EXCHANGE TRADED CONCEPTS, LLC trimmed | 30,983 | $403K | 0.0% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC | 30,594 | $398K | 0.0% | 2026-Q2 |
| RBF Capital, LLC trimmed | 30,000 | $390K | 0.0% | 2026-Q2 |
| SEI INVESTMENTS CO new | 27,826 | $362K | 0.0% | 2026-Q2 |
| Police & Firemen's Retirement System of New Jersey new | 26,865 | $349K | 0.0% | 2026-Q2 |
| Axxion S.A. new | 26,315 | $342K | 0.0% | 2026-Q2 |
| LMR Partners LLP new | 23,226 | $302K | 0.0% | 2026-Q2 |
| Valmark Advisers, Inc. new | 22,684 | $295K | 0.0% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE new | 22,542 | $293K | 0.0% | 2026-Q2 |
| Magnetar Financial LLC new | 21,622 | $281K | 0.0% | 2026-Q2 |
| Mitsubishi UFJ Asset Management Co., Ltd. trimmed | 21,460 | $279K | 0.0% | 2026-Q2 |
| Schonfeld Strategic Advisors LLC trimmed | 20,621 | $268K | 0.0% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 19,340 | $251K | 0.0% | 2026-Q2 |
| STRS OHIO new | 17,900 | $233K | 0.0% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.