Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

DLOCAL LTD (DLO)

152 + 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
↑ +7
Streak
3Q ▲
Buyers last Q
53%

Smart Money Signals — DLO

Based on 151 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 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
151 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 — +42% more funds vs a year ago

fund count last 6Q
+45 new funds entered over the past year (+42% 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 — 53% buying

93 buying81 selling
Last quarter: 93 funds bought or added vs 81 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.
➡️

Steady new buyers — ~37 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 15 → 37 → 41 → 37. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

43% of holders stayed for 2+ years

■ 43% conviction (2yr+) ■ 25% medium ■ 32% new
65 out of 151 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

23 → 15 → 37 → 41 → 37 new funds/Q
New funds entering each quarter: 15 → 37 → 41 → 37. A growing number of institutions are discovering DLO each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 56% of holders stayed 2+ years

■ 56% veterans ■ 11% 1-2yr ■ 34% new
Of 167 current holders: 93 (56%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 20% AUM from major funds

20% from top-100 AUM funds
29 of 151 holders rank in the top 100 by AUM, accounting for 20% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — 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 2025 Q4, 93 hedge funds were net buyers of DLO (37 opened a new position, 56 added to an existing one), while 81 reduced or exited (51 trimmed, 30 sold completely) — a 53% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 20% of total institutional value in DLO is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 151.

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

-- --

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

Is It Too Late to Buy DLOCAL LTD (DLO) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DLO has moved relative to its sector benchmark (XLK) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 51d ago
DLO
-9.4%
XLK
+33.3%

DLO outperformed XLK by -42.7% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 6d ago
DLO
+5.9%
XLK
+0.5%

Since the filing became public, DLO outperformed XLK by +5.4% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

14 top-rated funds 5 high-conviction
Consensus
5.1
/ 10
breadth
×
Elite
4.2
/ 10
conviction
Hedge Fund Positioning: DLO
152 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 152 151 0.66%
13F Shares 113M 107M 5.16%
Total Value $1.45B $1.51B -4.19%
New Positions 38 37 +1
Increased Positions 41 49 -8
Closed Positions 37 30 +7
Reduced Positions 50 47 +3
Total Calls 4 10 -60.0%
Total Puts 6 9 -33.33%
PUT/CALL Ratio 1.5 0.9 Bearish

Statistics: DLO

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

152 + 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 institutional holders of DLO — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Cria, Inc. 37.67% 4,000,000 $51.9M
2 GENERAL ATLANTIC, L.P. 28.17% 46,656,695 $605.1M
3 Bond Capital Management, LP 10.96% 927,500 $12.0M
4 TB Capital Gestao de Recursos Ltda. 6.39% 804,856 $10.4M
5 Lane Generational LLC 5.37% 519,886 $6.7M
6 Paradice Investment Management LLC 5.25% 2,153,366 $27.9M
7 Tikvah Management LLC 5.02% 1,248,322 $16.2M
8 Fourth Sail Capital LP 4.83% 2,266,917 $29.4M
9 ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 3.76% 2,071,719 $26.9M
10 Ribbit Management Company, LLC 3.00% 3,891,900 $50.5M
11 Summit Trail Advisors, LLC 1.43% 7,679,326 $99.6M
12 Absolute Gestao de Investimentos Ltda. 1.33% 896,173 $11.6M
13 Vinland Capital Management Gestora de Recursos LTDA. 0.87% 33,476 $434K
14 Point Nemo Capital, LLC 0.82% 95,924 $1.2M
15 Cannon Global Investment Management, LLC 0.71% 27,900 $362K
16 Legend Financial Advisors, Inc. 0.70% 83,655 $1.1M
17 HUSSMAN STRATEGIC ADVISORS, INC. 0.59% 210,000 $2.7M
18 Eddie Patel Inc 0.52% 52,107 $676K
19 Maxi Investments CY Ltd 0.47% 167,000 $2K
20 Yorktown Management & Research Co Inc 0.45% 41,500 $538K
21 Fieldview Capital Management, LLC 0.44% 117,089 $1.5M
22 MIRABELLA FINANCIAL SERVICES LLP 0.34% 279,668 $3.6M
23 Proem Advisors LLC 0.33% 425,485 $5.5M
24 PDT Partners, LLC 0.32% 410,428 $5.3M
25 VPR Management LLC 0.29% 56,000 $726K
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 — 3 quarters in a row: For 3 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 — 53% buying: Last quarter: 93 funds bought or added vs 81 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 — 20% AUM from major funds: 29 of 151 holders rank in the top 100 by AUM, accounting for 20% 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?

43% of holders stayed for 2+ years: 65 out of 151 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.

Is it too late to buy DLOCAL LTD (DLO) following the 2026 Q1 hedge fund 13F filings?

As of today, DLO has moved +5.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.5% for the XLK sector ETF — an outperformance of +5.4%. Since the quarter end (March 31, 2026), DLO has gained -9.4% vs +33.3% for XLK. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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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