FMR LLC & Abigail Johnson Hold 6.136% Stake in dLocal Ltd.
Ticker: DLO · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 1846832
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**FMR LLC and Abigail Johnson still own 6.136% of dLocal, showing continued institutional backing.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have updated their holdings in dLocal Ltd. As of February 9, 2024, they collectively beneficially own 9,542,170 shares of dLocal's Class A Common Stock, representing 6.136% of the company. This filing indicates a significant, but not controlling, stake in the Uruguayan payment processing company, showing continued institutional interest in dLocal.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, maintain a substantial stake in dLocal, which can signal confidence to other investors and potentially influence stock stability.
Risk Assessment
Risk Level: low — This is an amendment to a previous filing, indicating a stable or slightly adjusted position rather than a new, volatile investment.
Analyst Insight
Investors should note the continued institutional interest from FMR LLC, which could be a positive signal for dLocal's stability, but this filing alone doesn't suggest immediate price catalysts.
Key Numbers
- 9,542,170 — Shares Beneficially Owned (Represents the total Class A Common Stock of dLocal Ltd held by FMR LLC and Abigail P. Johnson.)
- 6.136% — Percent of Class (Indicates the proportion of dLocal Ltd's Class A Common Stock owned by the reporting persons.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person, principal owner of FMR LLC
- dLocal Ltd (company) — issuer of the securities
- 9,542,170 (dollar_amount) — number of shares beneficially owned
- 6.136% (dollar_amount) — percentage of Class A Common Stock owned
Forward-Looking Statements
- FMR LLC will maintain a significant, but non-controlling, stake in dLocal Ltd. (FMR LLC) — high confidence, target: Next 12 months
FAQ
Who are the reporting persons in this SC 13G/A filing for dLocal Ltd?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing.
What is the total number of Class A Common Stock shares of dLocal Ltd beneficially owned by FMR LLC and Abigail P. Johnson?
FMR LLC and Abigail P. Johnson beneficially own 9,542,170 shares of dLocal Ltd's Class A Common Stock, as reported in Item 5 and Item 7 on the cover page for FMR LLC, and Item 7 for Abigail P. Johnson.
What percentage of dLocal Ltd's Class A Common Stock do the reporting persons collectively own?
The reporting persons collectively own 6.136% of dLocal Ltd's Class A Common Stock, as indicated in Item 11 on both cover pages and Item 4(b) of the filing.
What is the CUSIP number for dLocal Ltd's Class A Common Stock mentioned in this filing?
The CUSIP number for dLocal Ltd's Class A Common Stock is G29018101, as stated in Item 2(e) and on the cover pages.
Under which rule is this Schedule 13G/A filed?
This Schedule 13G/A is filed pursuant to Rule 13d-1(b), as indicated by the checked box on the first page of the filing and in Item 3.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding dLocal Ltd (DLO).