DLOCAL LTD DLO
CLASS A COM · Common Stock · CUSIP G29018101 · ISIN KYG290181018
Uruguayan financial technology company
- SectorIndustrials
- IndustryServices-Business Services, NEC
- HeadquartersUruguay
- Websitedlocal.com
- FilingsSEC EDGAR
* 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
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 143 |
| Q4 2022 | 111 |
| Q1 2023 | 98 |
| Q2 2023 | 112 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 67 | 88 |
| Q1 2023 | 47 | 62 |
| Q2 2023 | 66 | 52 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $20.2m | $15.9m | 0.78 |
| Q4 2022 | $63.0m | $22.5m | 0.36 |
| Q1 2023 | $52.3m | $13.7m | 0.26 |
| Q2 2023 | $105.7m | $16.1m | 0.15 |
Biggest buyers
| GENERAL ATLANTIC, L.P. | Added | +2.2m |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. | New | +1.9m |
| Ribbit Bullfrog GP II, Ltd. | Added | +1.4m |
| EVENTIDE ASSET MANAGEMENT, LLC | Added | +1.2m |
| ALKEON CAPITAL MANAGEMENT LLC | Added | +1.1m |
| MILLENNIUM MANAGEMENT LLC | New | +896.2k |
| POLEN CAPITAL MANAGEMENT LLC | Added | +790.5k |
| MARSHALL WACE, LLP | New | +750.2k |
| Marcho Partners LLP | New | +555.6k |
| TWO SIGMA INVESTMENTS, LP | Added | +549.1k |
Biggest sellers
| FMR LLC | Reduced | -17.6m |
| TIGER GLOBAL MANAGEMENT LLC | Reduced | -5.6m |
| Coronation Fund Managers Ltd. | Reduced | -2.4m |
| Blackstone Inc. | Sold out | -1.8m |
| MANGROVE PARTNERS IM, LLC | Sold out | -1.0m |
| Alta Park Capital, LP | Sold out | -920.4k |
| GOLDMAN SACHS GROUP INC | Reduced | -813.7k |
| Robeco Institutional Asset Management B.V. | Sold out | -358.0k |
| D1 Capital Partners L.P. | Reduced | -308.4k |
| MORGAN STANLEY | Reduced | -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.
| Holder | Stake |
|---|---|
| Fogel Kaplan Sergio Enrique 13G · exempt (held before listing) filed 2025-02-14 | 25.4% |
GENERAL ATLANTIC, L.P.
13D · may seek influence
-6.9 pts · filed 2026-08-19
Stated purposeNo material change. Full filing |
21.4% |
| Fernandez Balague Emiliano Sebastian 13G · exempt (held before listing) filed 2025-02-14 | 10.8% |
| Azar Alberto Eduardo 13G · exempt (held before listing) filed 2026-05-04 | 10.3% |
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
| Manager | Shares | Change |
|---|---|---|
| GENERAL ATLANTIC, L.P. 12.29% of their portfolio | 63.9m $780.0m | Added +2.2m |
| FMR LLC 0.01% of their portfolio | 14.0m $170.5m | Reduced -17.6m |
| EVENTIDE ASSET MANAGEMENT, LLC 1.18% of their portfolio | 5.7m $69.6m | Added +1.2m |
| D1 Capital Partners L.P. 1.26% of their portfolio | 5.4m $65.6m | Reduced -308.4k |
| Ribbit Bullfrog GP II, Ltd. 25.89% of their portfolio | 3.8m $46.4m | Added +1.4m |
| MORGAN STANLEY 0.00% of their portfolio | 3.3m $40.3m | Reduced -300.9k |
| ALKEON CAPITAL MANAGEMENT LLC 0.22% of their portfolio | 3.0m $36.9m | Added +1.1m |
| WASATCH ADVISORS LP 0.19% of their portfolio | 2.5m $31.0m | Reduced -46.9k |
| ATMOS CAPITAL GESTAO DE RECURSOS LTDA. 3.65% of their portfolio | 1.9m $22.8m | New |
| Bond Capital Management, LP 12.68% of their portfolio | 1.9m $22.6m | Unchanged |
| POLEN CAPITAL MANAGEMENT LLC 0.05% of their portfolio | 1.7m $20.6m | Added +790.5k |
| Pertento Partners LLP 4.33% of their portfolio | 1.6m $19.4m | Reduced -54.1k |
| TWO SIGMA INVESTMENTS, LP 0.03% of their portfolio | 1.0m $12.6m | Added +549.1k |
| Summit Trail Advisors, LLC 0.43% of their portfolio | 940.8k $11.5m | Reduced -90.0k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 896.2k $10.9m | New |
| MARSHALL WACE, LLP 0.02% of their portfolio | 750.2k $9.2m | New |
| Flight Deck Capital, LP 7.14% of their portfolio | 659.2k $8.0m | Added +1.9k |
| TIGER GLOBAL MANAGEMENT LLC 0.06% of their portfolio | 569.0k $6.9m | Reduced -5.6m |
| Marcho Partners LLP 1.68% of their portfolio | 555.6k $6.8m | New |
| BAILLIE GIFFORD & CO 0.01% of their portfolio | 553.8k $6.8m | Reduced -204.0k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 524.2k $6.4m | Added +132.7k |
| TWO SIGMA ADVISERS, LP 0.01% of their portfolio | 450.2k $5.5m | Added +123.7k |
| Yarra Square Partners LP 5.58% of their portfolio | 442.5k $5.4m | Added +175.5k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 367.8k $4.5m | New |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 359.2k $4.4m | Reduced -13.7k |
| FRED ALGER MANAGEMENT, LLC 0.02% of their portfolio | 323.5k $3.9m | Reduced -8.5k |
| Man Group plc 0.01% of their portfolio | 319.5k $3.9m | New |
| Cubist Systematic Strategies, LLC 0.04% of their portfolio | 299.0k $3.6m | New |
| Trexquant Investment LP 0.09% of their portfolio | 295.2k $3.6m | Added +176.6k |
| COMMONWEALTH OF PENNSYLVANIA PUBLIC SCHOOL EMPLS RETRMT SYS 0.03% of their portfolio | 290.8k $3.5m | Reduced -18.0k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 289.2k $3.5m | Added +265.0k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 266.1k $3.2m | Reduced -813.7k |
| OBERNDORF WILLIAM E 4.03% of their portfolio | 208.1k $2.5m | Added +28.3k |
| Mirae Asset Global Investments Co., Ltd. 0.01% of their portfolio | 205.5k $2.5m | Reduced -18.5k |
| CONSOLIDATED PRESS INTERNATIONAL HOLDINGS LTD 0.78% of their portfolio | 202.8k $2.5m | New |
| Caption Management, LLC 0.43% of their portfolio | 201.2k $2.5m | New |
| STATE STREET CORP 0.00% of their portfolio | 200.3k $2.4m | Added +103.9k |
| PDT Partners, LLC 0.32% of their portfolio | 193.1k $2.4m | Unchanged |
| SEI INVESTMENTS CO 0.00% of their portfolio | 179.6k $2.2m | Reduced -1.3k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 164.0k $2.0m | Added +10.9k |
| Walleye Trading LLC 0.08% of their portfolio | 130.5k $1.6m | New |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 120.0k $1.5m | Added +81.7k |
| BlackRock Inc. 0.00% of their portfolio | 119.7k $1.5m | Added +47.1k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 113.4k $1.4m | New |
| Graham Capital Management, L.P. 0.04% of their portfolio | 105.1k $1.3m | New |
| HAP Trading, LLC 0.36% of their portfolio | 104.9k $1.3m | New |
| Quantbot Technologies LP 0.08% of their portfolio | 103.4k $1.3m | New |
| Squarepoint Ops LLC 0.01% of their portfolio | 100.5k $1.2m | New |
| VANGUARD GROUP INC 0.00% of their portfolio | 89.5k $1.1m | Unchanged |
| Schonfeld Strategic Advisors LLC 0.01% of their portfolio | 68.7k $838.5k | New |
| Pearl River Capital, LLC 0.13% of their portfolio | 68.4k $835.2k | Added +14.2k |
| Values First Advisors, Inc. 0.46% of their portfolio | 62.7k $764.8k | Added +8.6k |
| TUDOR INVESTMENT CORP ET AL 0.01% of their portfolio | 59.5k $725.8k | Added +24.5k |
| Octahedron Capital Management L.P. 1.15% of their portfolio | 54.7k $667.3k | Reduced -2.0k |
| Coronation Fund Managers Ltd. 0.02% of their portfolio | 50.1k $612.0k | Reduced -2.4m |
| Parallax Volatility Advisers, L.P. 0.02% of their portfolio | 47.5k $579.7k | New |
| Invesco Ltd. 0.00% of their portfolio | 44.0k $537.4k | Added +4.3k |
| Penserra Capital Management LLC 0.01% of their portfolio | 42.2k $515.0k | Reduced -11.8k |
| UBS Group AG 0.00% of their portfolio | 40.9k $498.9k | Added +22.7k |
| Legal & General Group Plc 0.00% of their portfolio | 40.9k $498.7k | Reduced -6.2k |
| Renaissance Capital LLC 0.28% of their portfolio | 40.1k $489.6k | Added +5.7k |
| Empowered Funds, LLC 0.02% of their portfolio | 35.0k $427.5k | Added +1.9k |
| EA Series Trust 0.02% of their portfolio | 35.0k $427.5k | First filing |
| GROUP ONE TRADING LLC 0.02% of their portfolio | 33.6k $410.6k | New |
| HRT FINANCIAL LP 0.00% of their portfolio | 31.8k $387.0k | New |
| FOX RUN MANAGEMENT, L.L.C. 0.10% of their portfolio | 29.5k $360.3k | New |
| Krane Funds Advisors LLC 0.02% of their portfolio | 27.2k $331.0k | Added +11.2k |
| SG Americas Securities, LLC 0.00% of their portfolio | 26.2k $320.0k | Reduced -1.0k |
| Engineers Gate Manager LP 0.01% of their portfolio | 24.7k $301.9k | New |
| SIMPLEX TRADING, LLC 0.01% of their portfolio | 24.7k $301.0k | New |
| Quantamental Technologies LLC 0.12% of their portfolio | 24.4k $297.9k | Added +11.9k |
| IQ EQ FUND MANAGEMENT (IRELAND) Ltd 0.06% of their portfolio | 24.1k $294.6k | Added +5.6k |
| Yorktown Management & Research Co Inc 0.26% of their portfolio | 19.8k $241.7k | Unchanged |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 18.5k $226.3k | Added +3.8k |
| Aigen Investment Management, LP 0.03% of their portfolio | 15.4k $188.3k | New |
| Verition Fund Management LLC 0.00% of their portfolio | 15.4k $187.5k | New |
| GTS SECURITIES LLC 0.01% of their portfolio | 14.7k $178.9k | First filing |
| OneAscent Wealth Management LLC 0.07% of their portfolio | 12.4k $152.0k | Added +854 |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 12.4k $151.7k | Reduced -58.3k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 12.3k $151.0k | Reduced -80 |
| SEVEN EIGHT CAPITAL, LP 0.02% of their portfolio | 12.3k $149.8k | New |
| Jump Financial, LLC 0.01% of their portfolio | 12.0k $146.6k | New |
| Belvedere Trading LLC 0.04% of their portfolio | 11.3k $138.1k | New |
| OneAscent Financial Services LLC 0.06% of their portfolio | 10.8k $131.0k | Added +450 |
| Leonteq Securities AG 0.01% of their portfolio | 10.2k $124.1k | Added +6.2k |
| Ridgewood Investments LLC 0.07% of their portfolio | 10.1k $123.1k | Added +3.8k |
| PEAK6 Investments LLC 0.01% of their portfolio | 9.7k $118.8k | New |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 8.0k $97.4k | Reduced -1.6k |
| EXCHANGE TRADED CONCEPTS, LLC 0.00% of their portfolio | 5.8k $70.7k | Reduced -268 |
| CITIGROUP INC 0.00% of their portfolio | 5.6k $68.7k | Reduced -322 |
| Amundi 0.00% of their portfolio | 5.3k $65.4k | Unchanged |
| Aquatic Capital Management LLC 0.00% of their portfolio | 5.0k $61.0k | New |
| Y.D. More Investments Ltd 0.01% of their portfolio | 3.9k $47.9k | Reduced -402 |
| State of Wyoming 0.01% of their portfolio | 3.7k $45.4k | New |
| NewEdge Advisors, LLC 0.00% of their portfolio | 3.5k $43.2k | Unchanged |
| Cutler Group LLC / CA 0.01% of their portfolio | 3.5k $42.0k | Added +2.6k |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 2.8k $34.5k | Reduced -936 |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 2.2k $27.0k | Reduced -4 |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 2.1k $26.2k | Unchanged |
| Advisors Asset Management, Inc. 0.00% of their portfolio | 1.3k $15.8k | Reduced -2.0k |