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dLocal Ltd

DLO
Exchange
Nasdaq
Industry
Services-Business Services, NEC
SEC CIK
0001846832

In the last 90 days, dLocal Ltd insiders filed 0 open-market purchases and 3 sales; 164 institutions reported holding it in 13F filings for Q2 2026, worth $1.53B in total; no superinvestor holds it.

13F holders, Q3 2025

Institutional positions in dLocal Ltd as of Sep 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
147
+26 vs. Q2 2025
Shares held
96.6M
−5.32M (−5.2%) vs. Q2 2025
Total value
$1.38B
+$223.9M (+19.4%) vs. Q2 2025
New holders
47
48 more added
Sold out
21
38 more reduced

Compare with Q2 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DLO on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ3 2025: 147 institutions
Q1 2021: 0 institutionsQ2 2021: 83 institutionsQ3 2021: 121 institutionsQ4 2021: 119 institutionsQ1 2022: 124 institutionsQ2 2022: 128 institutionsQ3 2022: 143 institutionsQ4 2022: 111 institutionsQ1 2023: 97 institutionsQ2 2023: 111 institutionsQ3 2023: 109 institutionsQ4 2023: 124 institutionsQ1 2024: 115 institutionsQ2 2024: 111 institutionsQ3 2024: 106 institutionsQ4 2024: 107 institutionsQ1 2025: 96 institutionsQ2 2025: 121 institutionsQ3 2025: 147 institutionsQ4 2025: 153 institutionsQ1 2026: 155 institutionsQ2 2026: 164 institutions
Value heldQ3 2025: $1.38B
Q1 2021: $0Q2 2021: $5.13BQ3 2021: $5.84BQ4 2021: $4.74BQ1 2022: $4.12BQ2 2022: $3.71BQ3 2022: $2.87BQ4 2022: $2.04BQ1 2023: $2.01BQ2 2023: $1.50BQ3 2023: $2.33BQ4 2023: $2.25BQ1 2024: $1.82BQ2 2024: $918.4MQ3 2024: $836.2MQ4 2024: $1.17BQ1 2025: $778.5MQ2 2025: $1.16BQ3 2025: $1.38BQ4 2025: $1.40BQ1 2026: $1.42BQ2 2026: $1.53B
Institutions holding DLO and their total value by quarter
QuarterHoldersValue
Q2 2026164$1.53B
Q1 2026155$1.42B
Q4 2025153$1.40B
Q3 2025147$1.38B
Q2 2025121$1.16B
Q1 202596$778.5M
Q4 2024107$1.17B
Q3 2024106$836.2M
Q2 2024111$918.4M
Q1 2024115$1.82B
Q4 2023124$2.25B
Q3 2023109$2.33B
Q2 2023111$1.50B
Q1 202397$2.01B
Q4 2022111$2.04B
Q3 2022143$2.87B
Q2 2022128$3.71B
Q1 2022124$4.12B
Q4 2021119$4.74B
Q3 2021121$5.84B
Q2 202183$5.13B
Q1 20210$0

Institutions, Q3 2025

Shares, value and share of portfolio for each institution holding dLocal Ltd; share changes are against Q2 2025.

Institutions holding DLO in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
General Atlantic LLC46,656,695$666.3M20.00%−17,250,000−27.0%Reduced
Bank of America Corp5,197,232$74.2M0.01%−2,138,726−29.2%Reduced
Ribbit Management Company, LLC3,891,900$55.6M2.64%00.0%Unchanged
Marshall Wace, LLP3,080,054$44.0M0.05%+396,066+14.8%Added
Baillie Gifford & Co2,670,123$38.1M0.03%−29,484−1.1%Reduced
Morgan Stanley1,980,723$28.3M0.00%+859,656+76.7%Added
Citadel Advisors LLC1,800,744$25.7M0.02%+1,441,087+400.7%Added
Jane Street Group, LLC1,785,703$25.5M0.03%+555,080+45.1%Added
Two Sigma Investments, LP1,732,140$24.7M0.04%+984,341+131.6%Added
D. E. Shaw & Co., Inc.1,720,102$24.6M0.02%+1,445,927+527.4%Added
Holocene Advisors, LP1,349,365$19.3M0.04%+857,685+174.4%Added
Millennium Management LLC1,319,610$18.8M0.01%+452,792+52.2%Added
Renaissance Technologies LLC1,258,900$18.0M0.02%+732,900+139.3%Added
Tikvah Management LLC1,248,322$17.8M5.26%+193,823+18.4%Added
Fourth Sail Capital LP1,178,000$16.8M4.06%−368,639−23.8%Reduced
Ameriprise Financial Inc1,147,776$16.4M0.00%+583,786+103.5%Added
Paradice Investment Management LLC1,004,422$14.3M3.22%+1,004,422New
Summit Trail Advisors, LLC940,820$13.4M0.19%00.0%Unchanged
Bond Capital Management, LP927,500$13.2M6.41%00.0%Unchanged
HRT Financial LP849,915$12.1M0.04%+535,650+170.4%Added
Alkeon Capital Management LLC823,837$11.8M0.05%00.0%Unchanged
Point72 Asset Management, L.P.823,300$11.8M0.03%+631,500+329.2%Added
TB Capital Gestao de Recursos Ltda.725,713$10.4M7.97%+84,528+13.2%Added
Polen Capital Management LLC699,379$9.99M0.03%+93,494+15.4%Added
Balyasny Asset Management LLC626,533$8.95M0.02%+189,388+43.3%Added
Proem Advisors LLC575,000$8.21M1.97%+261,702+83.5%Added
Tudor Investment Corp Et Al547,453$7.82M0.05%+529,392+2,931.1%Added
Lane Generational LLC505,446$7.22M5.99%−20,084−3.8%Reduced
J. Goldman & Co LP501,800$7.17M0.27%−513,013−50.6%Reduced
BNP Paribas Arbitrage, SA499,723$7.14M0.01%+104,930+26.6%Added
Cubist Systematic Strategies, LLC444,114$6.34M0.09%−4,992−1.1%Reduced
Walleye Capital LLC333,677$4.76M0.04%+262,855+371.1%Added
Goldman Sachs Group Inc305,392$4.36M0.00%−72,698−19.2%Reduced
Burkehill Global Management, LP300,000$4.28M0.24%+300,000New
UBS Group AG299,134$4.27M0.00%+82,416+38.0%Added
Susquehanna International Group, LLP290,253$4.14M0.01%−535,552−64.9%Reduced
Two Sigma Advisers, LP287,300$4.10M0.01%−65,807−18.6%Reduced
JPMorgan Chase & Co273,400$3.90M0.00%+261,220+2,144.7%Added
Trexquant Investment LP256,949$3.67M0.04%+256,949New
Voloridge Investment Management, LLC251,715$3.59M0.01%+206,162+452.6%Added
Ghisallo Capital Management LLC250,000$3.57M0.12%+250,000New
Toronto Dominion Bank236,433$3.38M0.01%+236,433New
Quantbot Technologies LP228,439$3.26M0.09%+206,032+919.5%Added
Group One Trading, L.P.216,356$3.09M0.09%+189,468+704.7%Added
Schwartz Investment Counsel Inc207,200$2.96M0.10%+207,200New
Seven Grand Managers, LLC200,000$2.86M0.23%+200,000New
AXA Investment Managers S.A.182,730$2.61M0.01%+182,730New
Main Management ETF Advisors, LLC177,475$2.53M0.09%+30,896+21.1%Added
Fort Baker Capital Management LP175,000$2.50M0.41%+175,000New
Squarepoint Ops LLC166,730$2.38M0.01%+93,570+127.9%Added
State Street Corp166,396$2.38M0.00%−2,867−1.7%Reduced
Qube Research & Technologies Ltd155,088$2.21M0.00%+155,088New
PDT Partners, LLC154,434$2.21M0.14%−178,305−53.6%Reduced
Mirabella Financial Services LLP151,342$2.16M0.19%+151,342New
Geode Capital Management, LLC150,098$2.14M0.00%+7,421+5.2%Added
Penserra Capital Management LLC111,398$1.59M0.02%−1,038−0.9%Reduced
PEAK6 LLC111,247$1.59M0.04%+111,247New
Northern Trust Corp109,836$1.57M0.00%−9,989−8.3%Reduced
Simplex Trading, LLC106,726$1.52M0.03%+48,701+83.9%Added
Raymond James Financial Inc96,987$1.38M0.00%+34,036+54.1%Added
Mirae Asset Global ETFs Holdings Ltd.94,555$1.35M0.00%−7,566−7.4%Reduced
IMC-Chicago, LLC90,492$1.29M0.02%−35,346−28.1%Reduced
Maxi Investments CY Ltd87,000$1.24M0.26%+87,000New
DnB Asset Management AS79,674$1.14M0.00%+79,674New
Capital World Investors79,301$1.13M0.00%+79,301New
UBS Oconnor LLC78,152$1.12M0.03%+78,152New
Vanguard Group Inc69,848$997.4K0.00%00.0%Unchanged
Fieldview Capital Management, LLC69,278$989.3K0.16%+52,170+304.9%Added
HAP Trading, LLC68,602$979.6K0.27%+68,602New
Corsair Capital Management, L.P.60,000$856.8K0.15%+30,000+100.0%Added
Scientech Research LLC57,725$824.3K0.29%+57,725New
Winton Group Ltd56,400$805.4K0.03%+30,735+119.8%Added
RBF Capital, LLC54,000$771.1K0.04%+54,000New
Empowered Funds, LLC53,277$760.8K0.01%+53,277New
Centiva Capital, LP44,255$632.0K0.06%+44,255New
BlackRock, Inc.42,160$602.0K0.00%−109,243−72.2%Reduced
Yorktown Management & Research Co Inc41,500$592.6K0.47%00.0%Unchanged
Omers Administration Corp41,200$588.3K0.00%+41,200New
Itau Unibanco Holding S.A.40,973$585.1K0.02%+40,973New
Aquatic Capital Management LLC40,944$584.7K0.01%+40,944New
Schonfeld Strategic Advisors LLC39,401$562.6K0.00%+39,401New
Cetera Investment Advisers38,947$556.2K0.00%+38,947New
Susquehanna Fundamental Investments, LLC38,460$549.2K0.02%+38,460New
Engineers Gate Manager LP38,310$547.1K0.01%+26,625+227.9%Added
Longaeva Partners L.P.37,500$535.5K0.11%+37,500New
Dodge & Cox36,700$524.1K0.00%00.0%Unchanged
Wiley Bros.-Aintree Capital, LLC34,845$497.5K0.00%−336−1.0%Reduced
Susquehanna Portfolio Strategies, LLC32,340$461.8K0.01%+14,640+82.7%Added
Fox Run Management, L.L.C.32,077$458.1K0.07%−15,248−32.2%Reduced
Invesco Ltd.31,388$448.2K0.00%−4,599−12.8%Reduced
Headlands Technologies LLC31,006$442.8K0.04%+31,006New
State of Wyoming30,463$435.0K0.05%+3,347+12.3%Added
PharVision Advisers, LLC29,051$414.8K0.23%+8,067+38.4%Added
Apollon Wealth Management, LLC27,674$395.2K0.01%+27,674New
Verition Fund Management LLC25,530$364.6K0.00%−22,341−46.7%Reduced
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.24,793$354.0K0.00%+837+3.5%Added
Vident Advisory, LLC23,801$339.9K0.00%−394−1.6%Reduced
Krane Funds Advisors LLC20,843$315.5K0.01%+3,698+21.6%Added
Wolverine Trading, LLC20,529$299.7K0.01%+2,746+15.4%Added
SG Americas Securities, LLC20,530$293.0K0.00%−2,854−12.2%Reduced