# Dlocal (DLO): value investors who own it | moatshark

2 value investors held Dlocal in their Q3 2026 13F, led by Polen Capital Management, Dodge & Cox.

## 13F holders

| Manager | Portfolio | Value | Change | Quarters held |
| --- | --- | --- | --- | --- |
| Polen Capital Management | 0.1% | $5.9m | Trimmed -0.6% | 15 |
| Dodge & Cox | 0.0% | $799k | Added +38% | 9 |

## Directors buying and selling (Form 4, last 12 months)

| Date | Who | Role | Bought or sold | Shares | Value |
| --- | --- | --- | --- | --- | --- |
| 2026-08-05 | Kanovich Sebastian | Director | Sold | 72753 | $1.1m |
| 2026-08-04 | Kanovich Sebastian | Director | Sold | 4700 | $73k |

Source: SEC filings, via moatshark (https://www.moatshark.com/s/dlo). Values traded and returns are estimates. Not investment advice. Built 2026-10-21.