Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Dlocal Ltd (DLO)

160 + Investors. Track Smart Money conviction in DLO. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +10
Streak
5Q ▲
Buyers last Q
52%

Smart Money Signals — DLO

Based on 163 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 6Q
For 5 consecutive quarters, more hedge funds added DLO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
163 hedge funds hold DLO right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
🚀

Fast accumulation — +34% more funds vs a year ago

fund count last 6Q
+41 new funds entered over the past year (+34% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 52% buying

93 buying87 selling
Last quarter: 93 funds bought or added vs 87 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
📈

More new buyers each quarter (+10 vs last Q)

new funds entering per quarter
Funds opening a new DLO position: 42 → 37 → 39 → 49. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 18% medium ■ 40% new
67 out of 163 hedge funds have held DLO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

37 → 42 → 37 → 39 → 49 new funds/Q
New funds entering each quarter: 42 → 37 → 39 → 49. A growing number of institutions are discovering DLO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 51% veterans vs 41% newcomers

■ 51% veterans ■ 8% 1-2yr ■ 41% new
Entry-cohort mix of 173 holders: 88 (51%) are 2+ year veterans, 14 entered 1–2 years ago, and 71 (41%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
✅

Strong quality — 21% AUM from major funds

21% from top-100 AUM funds
38 of 160 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DLO

In 2026 Q2, 93 hedge funds were net buyers of DLO (49 opened a new position, 44 added to an existing one), while 87 reduced or exited (48 trimmed, 39 sold completely) — a 52% buyer ratio, indicating a slight buying edge. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. 21% of total institutional value in DLO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +10 funds (more new holders than closures). Total institutional holders: 163.

Hedge Fund Ownership: DLO

How many hedge funds hold DLO — quarterly history vs. share price
Quarterly hedge fund ownership of DLO vs. share price

Market Analysis: DLO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DLO

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 5 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
4.0
/ 10
conviction
Hedge Fund Positioning: DLO
160 + Investors

Track Smart Money conviction in DLO. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 160 153 4.58%
13F Shares 127M 113M 12.76%
Total Value $1.64B $1.45B 13.24%
New Positions 49 39 +10
Increased Positions 42 41 +1
Closed Positions 39 37 +2
Reduced Positions 45 50 -5
Total Calls 6 4 50.0%
Total Puts 7 6 16.67%
PUT/CALL Ratio 1.17 1.5 Neutral

Statistics: DLO

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Institutional Holders (2026 Q2)

160 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DLO. Verified SEC 13F-HR filings.

QUARTER:
Top 25 DLO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cria, Inc. 41.96% 4,000,000 $52.0M
2 General Atlantic, L.P. 20.86% 46,656,695 $606.3M
3 TB Capital Gestao de Recursos Ltda. 7.91% 1,112,612 $14.5M
4 Fourth Sail Capital LP 7.77% 3,943,171 $51.2M
5 Atmos Capital Gestao de Recursos LTDA. 6.23% 3,990,466 $51.9M
6 Paradice Investment Management LLC 5.67% 2,732,680 $35.5M
7 Tikvah Management LLC 5.61% 1,420,822 $18.5M
8 Lane Generational LLC 5.40% 473,687 $6.2M
9 Bond Capital Management, LP 3.95% 927,500 $12.0M
10 Arthedge Capital Management, LLC 2.97% 366,878 $4.8M
11 Ribbit Management Company, LLC 2.46% 3,891,900 $50.6M
12 Summit Trail Advisors, LLC 1.26% 7,679,330 $99.8M
13 Bastion Asset Management Inc. 1.21% 290,156 $3.6M
14 Invenomic Capital Management LP 1.08% 1,395,170 $18.1M
15 Legend Financial Advisors, Inc. 0.62% 83,373 $1.1M
16 Point Nemo Capital, LLC 0.59% 89,135 $1.2M
17 Sagil Capital LLP 0.55% 119,167 $1.5M
18 Hussman Strategic Advisors, INC. 0.50% 168,000 $2.2M
19 Mirabella Financial Services LLP 0.33% 267,167 $3.5M
20 Yorktown Management & Research Co Inc 0.33% 41,500 $539K
21 VPR Management LLC 0.29% 56,000 $728K
22 Itau Unibanco Holding S.A. 0.17% 690,846 $9.0M
23 J. Goldman & Co LP 0.16% 487,000 $6.3M
24 Seelaus Asset Management LLC 0.15% 16,764 $218K
25 Schwartz Investment Counsel Inc 0.09% 207,200 $2.7M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Dlocal Ltd (DLO)

What does the Smart Money Trend signal show for DLO?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added DLO than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DLO?

Slight buying edge — 52% buying: Last quarter: 93 funds bought or added vs 87 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for DLO holders?

Strong quality — 21% AUM from major funds: 38 of 160 holders rank in the top 100 by AUM, accounting for 21% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held DLO?

41% of holders stayed for 2+ years: 67 out of 163 hedge funds have held DLO for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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