Vault-13

DLOCAL LTD DLO

CLASS A COM · Common Stock · CUSIP G29018101 · ISIN KYG290181018

Uruguayan financial technology company

112 institutional holders +14 vs Q1 2023
122,523,810122.5m shares reported held*
$1.5bnreported value*
32 new 34 added 33 reduced 19 sold out net sold ≈ $207.9m (-17.0m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($70.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $12.20. Options: 17 managers hold calls ($105.7m notional), 15 hold puts ($16.1m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 143Q4 22: 111Q1 23: 98Q2 23: 112112Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022143
Q4 2022111
Q1 202398
Q2 2023112

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q4 22: 67 bought or addedQ4 22: 88 cut or sold outQ4 22Q1 23: 47 bought or addedQ1 23: 62 cut or sold outQ1 23Q2 23: 66 bought or addedQ2 23: 52 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 20226788
Q1 20234762
Q2 20236652

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$50m$100m$150mQ3 22 calls: $20.2mQ3 22 puts: $15.9mQ3 22P/C 0.78Q4 22 calls: $63.0mQ4 22 puts: $22.5mQ4 22P/C 0.36Q1 23 calls: $52.3mQ1 23 puts: $13.7mQ1 23P/C 0.26Q2 23 calls: $105.7mQ2 23 puts: $16.1mQ2 23P/C 0.15
Numbers
QuarterCallsPutsP/C
Q3 2022$20.2m$15.9m0.78
Q4 2022$63.0m$22.5m0.36
Q1 2023$52.3m$13.7m0.26
Q2 2023$105.7m$16.1m0.15

Biggest buyers

GENERAL ATLANTIC, L.P. Added +2,160,680+2.2m
ATMOS CAPITAL GESTAO DE RECURSOS LTDA. New +1,868,041+1.9m
Ribbit Bullfrog GP II, Ltd. Added +1,372,000+1.4m
EVENTIDE ASSET MANAGEMENT, LLC Added +1,242,363+1.2m
ALKEON CAPITAL MANAGEMENT LLC Added +1,138,699+1.1m
MILLENNIUM MANAGEMENT LLC New +896,160+896.2k
POLEN CAPITAL MANAGEMENT LLC Added +790,467+790.5k
MARSHALL WACE, LLP New +750,241+750.2k
Marcho Partners LLP New +555,633+555.6k
TWO SIGMA INVESTMENTS, LP Added +549,100+549.1k

Biggest sellers

FMR LLC Reduced -17,648,083-17.6m
TIGER GLOBAL MANAGEMENT LLC Reduced -5,599,039-5.6m
Coronation Fund Managers Ltd. Reduced -2,401,638-2.4m
Blackstone Inc. Sold out -1,778,649-1.8m
MANGROVE PARTNERS IM, LLC Sold out -1,044,823-1.0m
Alta Park Capital, LP Sold out -920,418-920.4k
GOLDMAN SACHS GROUP INC Reduced -813,740-813.7k
Robeco Institutional Asset Management B.V. Sold out -358,000-358.0k
D1 Capital Partners L.P. Reduced -308,395-308.4k
MORGAN STANLEY Reduced -300,919-300.9k

Biggest calls

Marcho Partners LLP New $33.5m2.7m shares
CITADEL ADVISORS LLC Added $27.5m2.3m shares
JANE STREET GROUP, LLC Reduced $25.1m2.1m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $7.5m615.7k shares
WOLVERINE TRADING, LLC New $4.9m404.1k shares
GROUP ONE TRADING LLC Added $4.2m345.4k shares
Parallax Volatility Advisers, L.P. Added $1.4m113.8k shares
SIMPLEX TRADING, LLC Reduced $579.0k47.5k shares
GOLDMAN SACHS GROUP INC New $408.9k33.5k shares
Belvedere Trading LLC Added $238.0k19.5k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.0m407.9k shares
GROUP ONE TRADING LLC Added $4.2m343.4k shares
CITADEL ADVISORS LLC Added $1.7m137.6k shares
BIT Capital GmbH New $1.1m87.2k shares
GOLDMAN SACHS GROUP INC New $983.7k80.6k shares
SIMPLEX TRADING, LLC Added $839.0k68.8k shares
JANE STREET GROUP, LLC New $665.2k54.5k shares
PEAK6 Investments LLC New $499.2k40.9k shares
Walleye Trading LLC Added $366.1k30.0k shares
WOLVERINE TRADING, LLC New $277.6k23.0k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

HolderStakeChangeShares Last filed
Fogel Kaplan Sergio Enrique 13G · exempt (held before listing) filed 2025-02-14 25.4% 50.9m≈ $661.4m 2025-02-14
GENERAL ATLANTIC, L.P. 13D · may seek influence -6.9 pts · filed 2026-08-19
Stated purposeNo material change. Full filing
21.4% -6.9 pts 36.8m≈ $478.4m 2026-08-19
Fernandez Balague Emiliano Sebastian 13G · exempt (held before listing) filed 2025-02-14 10.8% 16.3m≈ $212.4m 2025-02-14
Azar Alberto Eduardo 13G · exempt (held before listing) filed 2026-05-04 10.3% 18.5m≈ $240.1m 2026-05-04

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 GENERAL ATLANTIC, L.P. 12.29% of their portfolio New York, NY 63,906,69563.9m $780.0m $780.0m 12.29% Added +2.2m +2,160,680
2 FMR LLC 0.01% of their portfolio BOSTON, MA 13,966,33714.0m $170.5m $170.5m 0.01% Reduced -17.6m -17,648,083
3 EVENTIDE ASSET MANAGEMENT, LLC 1.18% of their portfolio Boston, MA 5,699,6075.7m $69.6m $69.6m 1.18% Added +1.2m +1,242,363
4 D1 Capital Partners L.P. 1.26% of their portfolio New York, NY 5,373,4585.4m $65.6m $65.6m 1.26% Reduced -308.4k -308,395
5 Ribbit Bullfrog GP II, Ltd. 25.89% of their portfolio PALO ALTO, CA 3,806,0003.8m $46.4m $46.4m 25.89% Added +1.4m +1,372,000
6 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 3,300,0013.3m $40.3m $40.3m 0.00% Reduced -300.9k -300,919
7 ALKEON CAPITAL MANAGEMENT LLC 0.22% of their portfolio New York, NY 3,020,2873.0m $36.9m $36.9m 0.22% Added +1.1m +1,138,699
8 WASATCH ADVISORS LP 0.19% of their portfolio SALT LAKE CITY, UT 2,540,1002.5m $31.0m $31.0m 0.19% Reduced -46.9k -46,906
9 ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 3.65% of their portfolio Leblon - Rio de Janeiro, D5 1,868,0411.9m $22.8m $22.8m 3.65% New
10 Bond Capital Management, LP 12.68% of their portfolio San Francisco, CA 1,855,0001.9m $22.6m $22.6m 12.68% Unchanged
11 POLEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio Boca Raton, FL 1,688,5011.7m $20.6m $20.6m 0.05% Added +790.5k +790,467
12 Pertento Partners LLP 4.33% of their portfolio LONDON, X0 1,590,3851.6m $19.4m $19.4m 4.33% Reduced -54.1k -54,069
13 TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio NEW YORK, NY 1,033,1421.0m $12.6m $12.6m 0.03% Added +549.1k +549,100
14 Summit Trail Advisors, LLC 0.43% of their portfolio NEW YORK, NY 940,820940.8k $11.5m $11.5m 0.43% Reduced -90.0k -90,000
15 MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio NEW YORK, NY 896,160896.2k $10.9m $10.9m 0.01% New
16 MARSHALL WACE, LLP 0.02% of their portfolio LONDON, X0 750,241750.2k $9.2m $9.2m 0.02% New
17 Flight Deck Capital, LP 7.14% of their portfolio SAN FRANCISCO, CA 659,210659.2k $8.0m $8.0m 7.14% Added +1.9k +1,913
18 TIGER GLOBAL MANAGEMENT LLC 0.06% of their portfolio New York, NY 569,000569.0k $6.9m $6.9m 0.06% Reduced -5.6m -5,599,039
19 Marcho Partners LLP 1.68% of their portfolio LONDON, X0 555,633555.6k $6.8m $6.8m 1.68% New
20 BAILLIE GIFFORD & CO 0.01% of their portfolio EDINBURGH, X0 553,846553.8k $6.8m $6.8m 0.01% Reduced -204.0k -204,048
21 VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio JUPITER, FL 524,202524.2k $6.4m $6.4m 0.03% Added +132.7k +132,678
22 TWO SIGMA ADVISERS, LP 0.01% of their portfolio NEW YORK, NY 450,200450.2k $5.5m $5.5m 0.01% Added +123.7k +123,700
23 Yarra Square Partners LP 5.58% of their portfolio NEW YORK, NY 442,509442.5k $5.4m $5.4m 5.58% Added +175.5k +175,500
24 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 367,757367.8k $4.5m $4.5m 0.00% New
25 RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio NEW YORK, NY 359,200359.2k $4.4m $4.4m 0.01% Reduced -13.7k -13,700
26 FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 323,466323.5k $3.9m $3.9m 0.02% Reduced -8.5k -8,476
27 Man Group plc 0.01% of their portfolio LONDON, X0 319,463319.5k $3.9m $3.9m 0.01% New
28 Cubist Systematic Strategies, LLC 0.04% of their portfolio STAMFORD, CT 299,033299.0k $3.6m $3.6m 0.04% New
29 Trexquant Investment LP 0.09% of their portfolio STAMFORD, CT 295,211295.2k $3.6m $3.6m 0.09% Added +176.6k +176,631
30 COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio HARRISBURG, PA 290,814290.8k $3.5m $3.5m 0.03% Reduced -18.0k -18,046
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 289,189289.2k $3.5m $3.5m 0.00% Added +265.0k +265,046
32 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 266,113266.1k $3.2m $3.2m 0.00% Reduced -813.7k -813,740
33 OBERNDORF WILLIAM E 4.03% of their portfolio San Francisco, CA 208,092208.1k $2.5m $2.5m 4.03% Added +28.3k +28,300
34 Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio SEOUL, M5 205,466205.5k $2.5m $2.5m 0.01% Reduced -18.5k -18,470
35 CONSOLIDATED PRESS INTERNATIONAL HOLDINGS LTD 0.78% of their portfolio SYDNEY, C3 202,782202.8k $2.5m $2.5m 0.78% New
36 Caption Management, LLC 0.43% of their portfolio OKLAHOMA CITY, OK 201,175201.2k $2.5m $2.5m 0.43% New
37 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 200,317200.3k $2.4m $2.4m 0.00% Added +103.9k +103,905
38 PDT Partners, LLC 0.32% of their portfolio New York, NY 193,076193.1k $2.4m $2.4m 0.32% Unchanged
39 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 179,607179.6k $2.2m $2.2m 0.00% Reduced -1.3k -1,273
40 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 163,968164.0k $2.0m $2.0m 0.00% Added +10.9k +10,930
41 Walleye Trading LLC 0.08% of their portfolio NEW YORK, NY 130,470130.5k $1.6m $1.6m 0.08% New
42 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 119,964120.0k $1.5m $1.5m 0.00% Added +81.7k +81,696
43 BlackRock Inc. 0.00% of their portfolio New York, NY 119,660119.7k $1.5m $1.5m 0.00% Added +47.1k +47,145
44 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 113,446113.4k $1.4m $1.4m 0.00% New
45 Graham Capital Management, L.P. 0.04% of their portfolio ROWAYTON, CT 105,117105.1k $1.3m $1.3m 0.04% New
46 HAP Trading, LLC 0.36% of their portfolio NEW YORK, NY 104,921104.9k $1.3m $1.3m 0.36% New
47 Quantbot Technologies LP 0.08% of their portfolio NEW YORK, NY 103,400103.4k $1.3m $1.3m 0.08% New
48 Squarepoint Ops LLC 0.01% of their portfolio NEW YORK, NY 100,520100.5k $1.2m $1.2m 0.01% New
49 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 89,47489.5k $1.1m $1.1m 0.00% Unchanged
50 Schonfeld Strategic Advisors LLC 0.01% of their portfolio NEW YORK, NY 68,70068.7k $838.5k $838.5k 0.01% New
51 Pearl River Capital, LLC 0.13% of their portfolio Niles, MI 68,42768.4k $835.2k $835.2k 0.13% Added +14.2k +14,246
52 Values First Advisors, Inc. 0.46% of their portfolio JOHNSON CITY, TN 62,66062.7k $764.8k $764.8k 0.46% Added +8.6k +8,607
53 TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio STAMFORD, CT 59,46559.5k $725.8k $725.8k 0.01% Added +24.5k +24,533
54 Octahedron Capital Management L.P. 1.15% of their portfolio BURLINGAME, CA 54,67154.7k $667.3k $667.3k 1.15% Reduced -2.0k -2,000
55 Coronation Fund Managers Ltd. 0.02% of their portfolio Cape Town, T3 50,14650.1k $612.0k $612.0k 0.02% Reduced -2.4m -2,401,638
56 Parallax Volatility Advisers, L.P. 0.02% of their portfolio San Francisco, CA 47,49547.5k $579.7k $579.7k 0.02% New
57 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 44,03544.0k $537.4k $537.4k 0.00% Added +4.3k +4,309
58 Penserra Capital Management LLC 0.01% of their portfolio ORINDA, CA 42,24142.2k $515.0k $515.0k 0.01% Reduced -11.8k -11,812
59 UBS Group AG 0.00% of their portfolio ZURICH, V8 40,87440.9k $498.9k $498.9k 0.00% Added +22.7k +22,653
60 Legal & General Group Plc 0.00% of their portfolio London, X0 40,85940.9k $498.7k $498.7k 0.00% Reduced -6.2k -6,196
61 Renaissance Capital LLC 0.28% of their portfolio Stamford, CT 40,11540.1k $489.6k $489.6k 0.28% Added +5.7k +5,674
62 Empowered Funds, LLC 0.02% of their portfolio NEWTOWN SQUARE, PA 35,02435.0k $427.5k $427.5k 0.02% Added +1.9k +1,942
63 EA Series Trust 0.02% of their portfolio HAVERTOWN, PA 35,02435.0k $427.5k $427.5k 0.02% First filing
64 GROUP ONE TRADING LLC 0.02% of their portfolio CHICAGO, IL 33,64333.6k $410.6k $410.6k 0.02% New
65 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 31,77331.8k $387.0k $387.0k 0.00% New
66 FOX RUN MANAGEMENT, L.L.C. 0.10% of their portfolio GREENWICH, CT 29,51829.5k $360.3k $360.3k 0.10% New
67 Krane Funds Advisors LLC 0.02% of their portfolio NEW YORK, NY 27,15327.2k $331.0k $331.0k 0.02% Added +11.2k +11,217
68 SG Americas Securities, LLC 0.00% of their portfolio NEW YORK, NY 26,19426.2k $320.0k $320.0k 0.00% Reduced -1.0k -1,009
69 Engineers Gate Manager LP 0.01% of their portfolio NEW YORK, NY 24,73924.7k $301.9k $301.9k 0.01% New
70 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 24,70224.7k $301.0k $301.0k 0.01% New
71 Quantamental Technologies LLC 0.12% of their portfolio WHITE PLAINS, NY 24,41024.4k $297.9k $297.9k 0.12% Added +11.9k +11,899
72 IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.06% of their portfolio DUBLIN 2, L2 24,13724.1k $294.6k $294.6k 0.06% Added +5.6k +5,640
73 Yorktown Management & Research Co Inc 0.26% of their portfolio Forest, VA 19,80019.8k $241.7k $241.7k 0.26% Unchanged
74 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 18,54218.5k $226.3k $226.3k 0.00% Added +3.8k +3,832
75 Aigen Investment Management, LP 0.03% of their portfolio NEW YORK, NY 15,43015.4k $188.3k $188.3k 0.03% New
76 Verition Fund Management LLC 0.00% of their portfolio GREENWICH, CT 15,36315.4k $187.5k $187.5k 0.00% New
77 GTS SECURITIES LLC 0.01% of their portfolio NEW YORK, NY 14,65814.7k $178.9k $178.9k 0.01% First filing
78 OneAscent Wealth Management LLC 0.07% of their portfolio BIRMINGHAM, AL 12,44212.4k $152.0k $152.0k 0.07% Added +854 +854
79 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 12,43312.4k $151.7k $151.7k 0.00% Reduced -58.3k -58,334
80 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 12,34712.3k $151.0k $151.0k 0.00% Reduced -80 -80
81 SEVEN EIGHT CAPITAL, LP 0.02% of their portfolio New York, NY 12,27412.3k $149.8k $149.8k 0.02% New
82 Jump Financial, LLC 0.01% of their portfolio Chicago, IL 12,00812.0k $146.6k $146.6k 0.01% New
83 Belvedere Trading LLC 0.04% of their portfolio CHICAGO, IL 11,31111.3k $138.1k $138.1k 0.04% New
84 OneAscent Financial Services LLC 0.06% of their portfolio BIRMINGHAM, AL 10,75510.8k $131.0k $131.0k 0.06% Added +450 +450
85 Leonteq Securities AG 0.01% of their portfolio ZURICH, V8 10,16910.2k $124.1k $124.1k 0.01% Added +6.2k +6,214
86 Ridgewood Investments LLC 0.07% of their portfolio SPRINGFIELD, NJ 10,08610.1k $123.1k $123.1k 0.07% Added +3.8k +3,790
87 PEAK6 Investments LLC 0.01% of their portfolio CHICAGO, IL 9,7379.7k $118.8k $118.8k 0.01% New
88 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 7,9798.0k $97.4k $97.4k 0.00% Reduced -1.6k -1,591
89 EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio Oklahoma City, OK 5,7925.8k $70.7k $70.7k 0.00% Reduced -268 -268
90 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 5,6295.6k $68.7k $68.7k 0.00% Reduced -322 -322
91 Amundi 0.00% of their portfolio Paris, I0 5,2855.3k $65.4k $65.4k 0.00% Unchanged
92 Aquatic Capital Management LLC 0.00% of their portfolio CHICAGO, IL 5,0005.0k $61.0k $61.0k 0.00% New
93 Y.D. More Investments Ltd 0.01% of their portfolio Ramat Gan, L3 3,9243.9k $47.9k $47.9k 0.01% Reduced -402 -402
94 State of Wyoming 0.01% of their portfolio CHEYENNE, WY 3,7193.7k $45.4k $45.4k 0.01% New
95 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,5373.5k $43.2k $43.2k 0.00% Unchanged
96 Cutler Group LLC / CA 0.01% of their portfolio SAN FRANCISCO, CA 3,5003.5k $42.0k $42.0k 0.01% Added +2.6k +2,635
97 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 2,8232.8k $34.5k $34.5k 0.00% Reduced -936 -936
98 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 2,2012.2k $27.0k $27.0k 0.00% Reduced -4 -4
99 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 2,1502.1k $26.2k $26.2k 0.00% Unchanged
100 Advisors Asset Management, Inc. 0.00% of their portfolio Monument, CO 1,2951.3k $15.8k $15.8k 0.00% Reduced -2.0k -2,050