dLocal Ltd - Class A common shares, nominal value $0.002 per share (DLO) Institutional Ownership

13F Institutional Holders and Ownership History from Q2 2021 to Q4 2025

Type / Class
Equity / Class A common shares, nominal value $0.002 per share
Symbol
DLO on Nasdaq
Shares outstanding
164,864,647
Price per share
$14.13
All holders as of 30 Sep 2025
Q3 2025
Total 13F shares
96,616,960
Total reported value
$1,379,719,368
% of total 13F portfolios
0.01%
Share change
-5,679,555
Value change
-$79,399,996
Number of holders
145
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of dLocal Ltd - Class A common shares, nominal value $0.002 per share (DLO) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Fogel Kaplan Sergio Enrique 25% $460,587,071 50,893,599 Sergio Enrique Fogel Kaplan 31 Dec 2024
GENERAL ATLANTIC, L.P. 28% $485,229,628 46,656,695 GENERAL ATLANTIC, L.P. 05 Sep 2025
Fernandez Balague Emiliano Sebastian 11% $147,936,947 16,346,624 Emiliano Sebastian Fernandez Balague 31 Dec 2024

As of 30 Sep 2025, 145 institutional investors reported holding 96,616,960 shares of dLocal Ltd - Class A common shares, nominal value $0.002 per share (DLO). This represents 59% of the company’s total 164,864,647 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of dLocal Ltd - Class A common shares, nominal value $0.002 per share (DLO) together control 52% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
GENERAL ATLANTIC, L.P. 28% 46,656,695 -27% 20% $666,257,605
BANK OF AMERICA CORP /DE/ 3.2% 5,197,232 -29% 0.01% $74,216,473
Ribbit Management Company, LLC 2.4% 3,891,900 0% 2.6% $55,576,332
MARSHALL WACE, LLP 1.9% 3,080,054 +15% 0.05% $43,983,173
BAILLIE GIFFORD & CO 1.6% 2,670,123 -1.1% 0.03% $38,129,357
MORGAN STANLEY 1.2% 1,980,723 +77% 0% $28,284,724
CITADEL ADVISORS LLC 1.1% 1,800,744 +401% 0.02% $25,714,625
JANE STREET GROUP, LLC 1.1% 1,785,703 +45% 0.03% $25,499,839
TWO SIGMA INVESTMENTS, LP 1.1% 1,732,140 +132% 0.04% $24,734,959
D. E. Shaw & Co., Inc. 1% 1,720,102 +527% 0.02% $24,563,057
Holocene Advisors, LP 0.82% 1,349,365 +174% 0.04% $19,268,932
MILLENNIUM MANAGEMENT LLC 0.8% 1,319,610 +52% 0.01% $18,844,031
RENAISSANCE TECHNOLOGIES LLC 0.76% 1,258,900 +139% 0.02% $17,977,092
Tikvah Management LLC 0.76% 1,248,322 +18% 5.4% $17,826,038
Fourth Sail Capital LP 0.71% 1,178,000 -24% 4.1% $16,821,840
AMERIPRISE FINANCIAL INC 0.7% 1,147,776 +104% 0% $16,390,242
Paradice Investment Management LLC 0.61% 1,004,422 3.2% $14,343,146
Summit Trail Advisors, LLC 0.57% 940,820 0% 0.19% $13,434,910
Bond Capital Management, LP 0.56% 927,500 0% 6.4% $13,244,700
HRT FINANCIAL LP 0.52% 849,915 +170% 0.04% $12,136,000
ALKEON CAPITAL MANAGEMENT LLC 0.5% 823,837 0% 0.05% $11,764,392
Point72 Asset Management, L.P. 0.5% 823,300 +329% 0.03% $11,756,724
TB Capital Gestao de Recursos Ltda. 0.44% 725,713 +13% 8% $10,363,182
POLEN CAPITAL MANAGEMENT LLC 0.42% 699,379 +15% 0.03% $9,987,132
Balyasny Asset Management L.P. 0.38% 626,533 +43% 0.02% $8,946,891

Institutional Holders of dLocal Ltd - Class A common shares, nominal value $0.002 per share (DLO) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 50,528 $714,735 +$423,383 $14.13 4
2025 Q3 96,616,960 $1,379,719,368 -$79,399,996 $14.28 145
2025 Q2 101,936,957 $1,155,966,579 +$100,981,474 $11.34 120
2025 Q1 93,300,420 $778,127,045 -$109,036,133 $8.34 93
2024 Q4 103,828,797 $1,169,045,496 -$3,397,765 $11.26 106
2024 Q3 104,524,967 $836,210,838 -$72,365,491 $8.00 105
2024 Q2 113,521,575 $918,388,264 -$183,736,743 $8.09 110
2024 Q1 123,427,775 $1,815,670,486 -$64,510,857 $14.70 111
2023 Q4 127,304,163 $2,252,017,043 +$82,224,261 $17.69 123
2023 Q3 121,347,650 $2,326,232,708 +$2,577,911 $19.17 107
2023 Q2 122,519,416 $1,495,332,441 -$143,688,697 $12.20 109
2023 Q1 124,147,763 $2,013,670,645 +$14,563,130 $16.22 92
2022 Q4 130,674,911 $2,034,607,739 -$340,526,807 $15.57 103
2022 Q3 140,158,458 $2,875,888,094 -$49,472,544 $20.52 135
2022 Q2 141,189,477 $3,706,662,731 +$242,355,328 $26.25 118
2022 Q1 131,894,518 $4,123,338,665 -$93,332,084 $31.26 118
2021 Q4 132,754,885 $4,737,756,903 +$555,284,967 $35.69 108
2021 Q3 106,898,206 $5,836,588,700 +$509,463,932 $54.56 115
2021 Q2 97,658,832 $5,129,876,363 +$5,129,855,334 $52.53 83