DLocal

DLO • NASDAQ

DLocal is a software - infrastructure company in the technology sector on NASDAQ, led by Pedro Arnt, with a market cap of $4.2B. As of Q3 2025, 33% of shares are held by 140 institutional investors, with GENERAL ATLANTIC LLC as the largest holder at 15.89%.

Chief Executive OfficerPedro Arnt

Market Cap$4.2B

Software - Infrastructure

Technology

Employees951.0

Websitedlocal.com

Overview

Overview of institutional ownership in DLO as of Q3 2025 with a market cap of $4.2B

All Institutions

Institutions: 140
Value Held: $1.4B
Shares Held: 95.5M
Avg Position: $9.7M
Median Position: $696.4K

Hedge Funds

Hedge Funds: 34
Value Held: $206.3M
Shares Held: 14.5M
Avg Position: $6.1M
Median Position: $3.4M

Ownership Breakdown

Institutional (non-HF)

27.59%

$1.2B

Hedge Funds

4.92%

$206.3M

Retail & Other

67.49%

$2.8B

Based on market cap of $4.2B as of Q3 2025. Institutional (non-HF) excludes hedge funds to avoid double counting.

Biggest Investors

Institutions with the largest positions in DLO as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
G GENERAL ATLANTIC LLC Institution	-	$666.3M 20.00% of portfolio	15.89% 46.7M shares	Q2 2021 Held for 4y 5m	$3.3B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$74.2M 0.01% of portfolio	1.77% 5.2M shares	Q2 2021 Held for 4y 5m	$1.33T
R Ribbit Management Company, LLC Institution	-	$55.6M 2.65% of portfolio	1.33% 3.9M shares	Q4 2023 Held for 1y 11m	$2.1B
Marshall Wace LLP Institution	Diana Lj Harrison President	$44.0M 0.05% of portfolio	1.05% 3.1M shares	Q2 2023 Held for 2y 5m	$90.3B
B BAILLIE GIFFORD & CO Institution	-	$38.1M 0.03% of portfolio	0.91% 2.7M shares	Q2 2021 Held for 4y 5m	$134.80B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$28.3M 0.00% of portfolio	0.67% 2.0M shares	Q2 2021 Held for 4y 5m	$1.65T
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	Kenneth Cordele Griffin CEO	$25.7M 0.02% of portfolio	0.61% 1.8M shares	Q2 2021 Held for 4y 5m	$122.08B
J JANE STREET GROUP, LLC Institution	-	$25.5M 0.03% of portfolio	0.61% 1.8M shares	Q3 2021 Held for 4y 2m	$84.1B
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	Scott David Hoffman CEO	$24.7M 0.04% of portfolio	0.59% 1.7M shares	Q4 2022 Held for 2y 11m	$62.0B
D D. E. Shaw & Co., Inc. Institution	-	$24.6M 0.02% of portfolio	0.59% 1.7M shares	Q2 2025 Held for 5 months	$115.81B

Net Capital Flow

Institutional buying and selling activity for DLO in Q3 2025

Traded: −$80.6M
Buyers: 90
Sellers: 54
Total Bought: +$233.3M
Total Sold: −$314.0M
Avg Position: $8.6M

Biggest Buyers

Institution	Net Bought	Current Position
D D. E. Shaw & Co., Inc. Institution	+$20.6M +1.4M shares	$24.6M 1.7M shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	+$20.6M +1.4M shares	$25.7M 1.8M shares
Paradice Investment Management LLC Long Only Manager	+$14.3M +1.0M shares	$14.3M 1.0M shares
TWO SIGMA INVESTMENTS LLC Hedge Fund•Multi-Strategy	+$14.1M +984.3K shares	$24.7M 1.7M shares
MORGAN STANLEY RIA/Wealth	+$12.3M +859.7K shares	$28.3M 2.0M shares
Holocene Advisors, LP Hedge Fund•Long/Short	+$12.2M +857.7K shares	$19.3M 1.3M shares
RENAISSANCE TECHNOLOGIES LLC Hedge Fund•Quant	+$10.5M +732.9K shares	$18.0M 1.3M shares
Point72 Asset Management, L.P. Hedge Fund•Multi-Strategy	+$9.0M +631.5K shares	$11.8M 823.3K shares
AMERIPRISE FINANCIAL INC Institution	+$8.3M +583.8K shares	$16.4M 1.1M shares
J JANE STREET GROUP, LLC Institution	+$7.9M +555.1K shares	$25.5M 1.8M shares

Biggest Sellers

Institution	Net Sold	Current Position
G GENERAL ATLANTIC LLC Institution	−$246.3M −17.3M shares	$666.3M 46.7M shares
BANK OF AMERICA CORP /DE/ Institution	−$30.5M −2.1M shares	$74.2M 5.2M shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	−$7.6M −535.6K shares	$4.1M 290.3K shares
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	−$7.3M −513.0K shares	$7.2M 501.8K shares
F Fourth Sail Capital LP Institution	−$5.3M −368.6K shares	$16.8M 1.2M shares
PDT Partners, LLC Hedge Fund•Quant	−$2.5M −178.3K shares	$2.2M 154.4K shares
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	−$1.8M −157.4K shares	Sold Off 0 shares
Caption Management, LLC Hedge Fund•Long/Short	−$1.7M −119.2K shares	$172.6K 12.1K shares
LEUCADIA NATIONAL CORP Institution	−$1.6M −137.7K shares	Sold Off 0 shares
B BlackRock, Inc. Institution	−$1.6M −109.2K shares	$602.0K 42.2K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited DLO in Q3 2025

New Positions: 22
New Value: $39.6M
Exited Positions: 18
Exited Value: $6.3M

New Positions

Institution	Position Value
Paradice Investment Management LLC Long Only Manager	$14.3M 1.0M shares
Burkehill Global Management, LP Hedge Fund•Event Driven	$4.3M 300.0K shares
TORONTO DOMINION BANK Institution	$3.4M 236.4K shares
SCHWARTZ INVESTMENT COUNSEL INC Long Only Manager	$3.0M 207.2K shares
S SEVEN GRAND MANAGERS, LLC Hedge Fund•Multi-Strategy	$2.9M 200.0K shares
Fort Baker Capital Management LP Hedge Fund•Quant Macro	$2.5M 175.0K shares
M Maxi Investments CY Ltd Institution	$1.2M 87.0K shares
D DnB Asset Management AS Institution	$1.1M 79.7K shares
C Capital World Investors Institution	$1.1M 79.3K shares
UBS OCONNOR LLC Long Only Manager	$1.1M 78.2K shares

Exited Positions

Institution	Previous Position
GSA CAPITAL PARTNERS LLP Hedge Fund•Quant	$1.8M 157.4K shares
LEUCADIA NATIONAL CORP Institution	$1.6M 137.7K shares
A AXA Institution	$932.9K 82.3K shares
A Absolute Gestao de Investimentos Ltda. Institution	$510.8K 45.0K shares
B Bayesian Capital Management, LP Hedge Fund•Quant	$284.7K 25.1K shares
P Petrus Trust Company, LTA Institution	$280.8K 24.8K shares
E EXCHANGE TRADED CONCEPTS, LLC Institution	$274.6K 24.2K shares
ExodusPoint Capital Management, LP Hedge Fund•Multi-Strategy	$237.2K 20.9K shares
M Man Group plc Institution	$130.1K 11.5K shares
BOOTHBAY FUND MANAGEMENT, LLC Fund of Funds	$122.1K 10.8K shares

Options Activity

Institutions with the largest Call and Put options positions in DLO as of Q3 2025

Call Positions: 16
Call Value: $135.1M
Put Positions: 12
Put Value: $52.4M

Call Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$39.5M 27.7K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$30.9M 21.6K contracts
WELLS FARGO & COMPANY/MN Institution	$17.8M 12.5K contracts
J J. Goldman & Co LP Hedge Fund•Multi-Strategy	$12.2M 8.5K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$8.4M 5.9K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$8.1M 5.7K contracts
BALYASNY ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy	$5.2M 3.7K contracts
W WOLVERINE TRADING, LLC Institution	$4.8M 3.3K contracts
CITIGROUP INC Institution	$2.1M 1.5K contracts
D D. E. Shaw & Co., Inc. Institution	$1.5M 1.1K contracts

Put Positions

Institution	Position Value
J JANE STREET GROUP, LLC Institution	$23.1M 16.2K contracts
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$14.3M 10.0K contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$7.7M 5.4K contracts
MILLENNIUM MANAGEMENT LLC Hedge Fund•Multi-Strategy	$2.2M 1.5K contracts
WELLS FARGO & COMPANY/MN Institution	$1.4M 1.0K contracts
P PEAK6 LLC Institution	$1.4M 1.0K contracts
W WOLVERINE TRADING, LLC Institution	$744.6K 510.0 contracts
Walleye Trading LLC RIA/Wealth	$661.2K 463.0 contracts
P Parallax Volatility Advisers, LLC Hedge Fund•Vol Arbitrage	$285.6K 200.0 contracts
TORONTO DOMINION BANK Institution	$244.2K 171.0 contracts

Most Committed Institutions

Institutions with DLO as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
G GENERAL ATLANTIC LLC Institution	-	20.00% $666.3M	15.89% 46.7M shares	Q2 2021 Held for 4y 5m	$3.3B
B Bond Capital Management, LP Institution	-	6.41% $13.2M	0.32% 927.5K shares	Q1 2022 Held for 3y 8m	$206.6M
Lane Generational LLC RIA/Wealth	Frederick Carpenter Lane CEO	5.99% $7.2M	0.17% 505.4K shares	Q2 2024 Held for 1y 5m	$120.4M
T Tikvah Management LLC Institution	-	5.39% $17.8M	0.43% 1.2M shares	Q2 2024 Held for 1y 5m	$330.6M
F Fourth Sail Capital LP Institution	-	4.13% $16.8M	0.40% 1.2M shares	Q4 2023 Held for 1y 11m	$407.6M
Paradice Investment Management LLC Long Only Manager	Kevin Paul Beck President	3.22% $14.3M	0.34% 1.0M shares	Q3 2025 Held for 2 months	$445.9M
R Ribbit Management Company, LLC Institution	-	2.65% $55.6M	1.33% 3.9M shares	Q4 2023 Held for 1y 11m	$2.1B
Proem Advisors LLC Hedge Fund•Long/Short	Thomas Edward Schmidt CEO	1.97% $8.2M	0.20% 575.0K shares	Q4 2024 Held for 11 months	$415.8M
Fort Baker Capital Management LP Hedge Fund•Quant Macro	Sanjiv Kumar Founder	0.52% $2.5M	0.06% 175.0K shares	Q3 2025 Held for 2 months	$480.5M
Y Yorktown Management & Research Co Inc Institution	-	0.47% $592.6K	0.01% 41.5K shares	Q4 2022 Held for 2y 11m	$125.4M