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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, Q4 2025

Institutional positions in dLocal Ltd as of Dec 31, 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
153
+12 vs. Q3 2025
Shares held
99.1M
+3.18M (+3.3%) vs. Q3 2025
Total value
$1.40B
+$31.4M (+2.3%) vs. Q3 2025
New holders
38
52 more added
Sold out
26
44 more reduced

6 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 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 holdersQ4 2025: 153 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 heldQ4 2025: $1.40B
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, Q4 2025

Shares, value and share of portfolio for each institution holding dLocal Ltd; share changes are against Q3 2025.

Institutions holding DLO in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Activest Wealth Management1$90.00%00.0%Unchanged
Allworth Financial LP6$850.00%+6New
Noble Wealth Management PBC10$1410.00%00.0%Unchanged
GAMMA Investing LLC24$3390.00%00.0%Unchanged
Bare Financial Services, Inc30$4240.00%+30New
Parkside Financial Bank & Trust35$4950.00%00.0%Unchanged
Russell Investments Group, Ltd.53$7490.00%00.0%Unchanged
PayPay Securities Corp83$1.17K0.03%+15+22.1%Added
Farther Finance Advisors, LLC113$1.60K0.00%+113New
Key Financial Inc134$1.90K0.00%+134New
National Bank of Canada140$1.98K0.00%+140New
Smartleaf Asset Management LLC213$3.05K0.00%+213New
Larson Financial Group LLC262$3.71K0.00%+54+26.0%Added
Atlantic Edge Private Wealth Management, LLC500$7.07K0.00%+500New
Y.D. More Investments Ltd532$7.52K0.00%−497−48.3%Reduced
Mirae Asset Global Investments Co., Ltd.550$7.78K0.00%+93+20.4%Added
GWM Advisors LLC715$10.1K0.00%−172−19.4%Reduced
Harbour Investments, Inc.1,000$14.1K0.00%00.0%Unchanged
Stone House Investment Management, LLC1,000$14.1K0.00%00.0%Unchanged
Quarry LP1,141$16.1K0.00%−3,677−76.3%Reduced
Rockefeller Capital Management L.P.1,295$18.3K0.00%−500−27.9%Reduced
Triumph Capital Management1,331$18.8K0.00%+1,331New
Caitong International Asset Management Co., Ltd1,826$25.8K0.01%+975+114.6%Added
IFP Advisors, Inc1,904$26.9K0.00%+90+5.0%Added
Pinnacle Wealth Planning Services, Inc.2,322$32.8K0.00%+2,322New
Storebrand Asset Management AS2,500$35.4K0.00%+2,500New
University of Texas/Texas Am Investment Managment Co2,800$39.6K0.01%+2,800New
Caption Management, LLC3,081$43.6K0.00%−9,007−74.5%Reduced
Jones Financial Companies LLLP4,884$69.1K0.00%+68+1.4%Added
Parvin Asset Management, LLC4,900$69.3K0.06%00.0%Unchanged
Wells Fargo & Company5,374$76.0K0.00%−1,732−24.4%Reduced
Kestra Advisory Services, LLC6,702$94.8K0.00%+6,702New
Federation des caisses Desjardins du Quebec7,600$107.5K0.00%+400+5.6%Added
SG Americas Securities, LLC9,599$136.0K0.00%−10,931−53.2%Reduced
CWM, LLC10,000$141.0K0.00%00.0%Unchanged
Lynx Capital Group Ltd10,000$141.4K0.06%00.0%Unchanged
Phoenix Holdings Ltd.10,126$143.1K0.00%+10,126New
Moors & Cabot, Inc.10,305$145.7K0.01%+10,305New
JT Stratford LLC10,561$149.3K0.02%+10,561New
Transcend Wealth Collective, LLC11,810$167.0K0.01%+11,810New
Triasima Portfolio Management inc.11,823$167.2K0.03%+233+2.0%Added
LPL Financial LLC13,857$195.9K0.00%+13,857New
Independent Financial Group, LLC13,997$197.9K0.00%+19+0.1%Added
Skopos Labs, Inc.13,992$199.0K0.01%+13,992New
Envestnet Asset Management Inc14,839$209.8K0.00%−914−5.8%Reduced
Advyzon Investment Management, LLC15,425$218.1K0.03%+2,053+15.4%Added
Stirlingshire Investments, Inc.16,607$234.8K0.21%+16,607New
Toroso Investments, LLC16,814$237.8K0.00%+16,814New
PharVision Advisers, LLC16,889$238.8K0.12%−12,162−41.9%Reduced
Capital Fund Management S.A.18,491$261.5K0.00%+18,491New
Cetera Investment Advisers19,404$274.4K0.00%−19,543−50.2%Reduced
SBI Securities Co., Ltd.19,854$280.7K0.01%−509−2.5%Reduced
Royal Bank of Canada19,940$282.0K0.00%+10,523+111.7%Added
Fox Run Management, L.L.C.20,099$284.2K0.04%−11,978−37.3%Reduced
Sunbelt Securities, Inc.20,150$284.9K0.02%+500+2.5%Added
Mariner, LLC20,285$286.8K0.00%+3,200+18.7%Added
Legal & General Group Plc20,360$287.9K0.00%+2,424+13.5%Added
Krane Funds Advisors LLC20,367$288.0K0.01%−476−2.3%Reduced
Verition Fund Management LLC20,952$296.3K0.00%−4,578−17.9%Reduced
Barclays PLC21,803$308.3K0.00%+21,732+30,608.5%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.22,506$316.7K0.00%−2,287−9.2%Reduced
Wellington-Altus USA Inc.22,565$319.1K0.24%+22,565New
Vident Advisory, LLC25,943$366.8K0.00%+2,142+9.0%Added
SummitTX Capital, L.P.27,334$386.5K0.01%+27,334New
Gsa Capital Partners LLP27,487$389.0K0.03%+27,487New
Citigroup Inc28,129$397.7K0.00%+14,594+107.8%Added
HighTower Advisors, LLC29,353$415.1K0.00%+9,043+44.5%Added
Advisor Group Holdings, Inc.30,064$425.1K0.00%+15,951+113.0%Added
Invesco Ltd.31,859$450.5K0.00%+471+1.5%Added
Elm Partners Management LLC32,000$452.5K0.02%+32,000New
Aquatic Capital Management LLC34,719$490.9K0.01%−6,225−15.2%Reduced
Wiley Bros.-Aintree Capital, LLC35,047$494.2K0.00%+202+0.6%Added
Counterpoint Mutual Funds LLC35,560$502.8K0.04%+35,560New
Dodge & Cox36,700$518.9K0.00%00.0%Unchanged
Winton Group Ltd37,843$535.1K0.02%−18,557−32.9%Reduced
Schonfeld Strategic Advisors LLC37,957$536.7K0.00%−1,444−3.7%Reduced
BlackRock, Inc.38,377$542.7K0.00%−3,783−9.0%Reduced
RBF Capital, LLC40,000$565.6K0.03%−14,000−25.9%Reduced
Exchange Traded Concepts, LLC40,895$578.3K0.00%+40,895New
Empirical Finance, LLC46,177$652.9K0.03%+46,177New
State of Wyoming48,103$680.2K0.07%+17,640+57.9%Added
Headlands Technologies LLC51,102$722.6K0.06%+20,096+64.8%Added
Y-Intercept (Hong Kong) Ltd53,574$757.5K0.02%+53,574New
Squarepoint Ops LLC54,448$769.9K0.00%−112,282−67.3%Reduced
Balyasny Asset Management LLC55,721$787.9K0.00%−570,812−91.1%Reduced
Corsair Capital Management, L.P.60,015$848.6K0.14%+150.0%Added
Yorktown Management & Research Co Inc60,700$858.3K0.69%+19,200+46.3%Added
Millennium Management LLC65,348$924.0K0.00%−1,254,262−95.0%Reduced
Raymond James Financial Inc66,535$940.8K0.00%−30,452−31.4%Reduced
Point Nemo Capital, LLC67,434$953.5K0.94%+67,434New
FirstWave Capital Management LLC73,572$1.04M0.62%+73,572New
PDT Partners, LLC78,400$1.11M0.07%−76,034−49.2%Reduced
Eddie Patel Inc79,246$1.12M0.84%+79,246New
Capital World Investors79,954$1.13M0.00%+653+0.8%Added
Fieldview Capital Management, LLC81,954$1.16M0.20%+12,676+18.3%Added
Point72 Asset Management, L.P.82,981$1.17M0.00%−740,319−89.9%Reduced
Group One Trading, L.P.85,794$1.21M0.04%−130,562−60.3%Reduced
Mirae Asset Global ETFs Holdings Ltd.90,081$1.27M0.00%−4,474−4.7%Reduced
Vanguard Group Inc96,994$1.37M0.00%+27,146+38.9%Added
Ghisallo Capital Management LLC100,000$1.41M0.06%−150,000−60.0%Reduced