Dropbox
430 hedge funds and large institutions have $5.6B invested in Dropbox in 2020 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 144 increasing their positions, 118 reducing their positions, and 66 closing their positions.
59% more first-time investments, than exits
New positions opened: 105 | Existing positions closed: 66
22% more repeat investments, than reductions
Existing positions increased: 144 | Existing positions reduced: 118
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
13% more capital invested
Capital invested by funds: $4.98B → $5.6B (+$627M)
9% more funds holding
Funds holding: 395 → 430 (+35)
2.36% less ownership
Funds ownership: 82.22% → 79.87% (-2.4%)
31% less call options, than puts
Call options by funds: $160M | Put options by funds: $231M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$118M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
+$60M |
| 3 |
Goldman Sachs
New York
|
+$48.6M |
| 4 |
Two Sigma Investments
New York
|
+$48.2M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$34.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ninety One (UK)
London,
United Kingdom
|
-$198M |
| 2 |
Westfield Capital Management
Boston,
Massachusetts
|
-$76.8M |
| 3 |
Renaissance Technologies
New York
|
-$63.9M |
| 4 |
G
GenTrust
Miami,
Florida
|
-$40.8M |
| 5 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
-$34.4M |
DBX Hedge Fund Activity: Q4 2020 in Review
430 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q4 2020, worth a combined $5.6B — up 13% from $4.98B a quarter earlier.
Buyers outnumbered sellers: 105 funds opened new DBX positions and 66 closed out — a net gain of 39 holders — while 144 added to existing stakes and 118 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $118M. The largest seller was Ninety One (UK), exiting entirely with an estimated $198M sold.
- 430 institutional investors held Dropbox (DBX) as of Q4 2020, up from 395 in Q3 2020.
- Funds reported $5.6B of Dropbox stock for Q4 2020, up 13% quarter-over-quarter.
- 105 funds opened new Dropbox positions in Q4 2020 and 66 closed out, a net change of +39 holders.
- The largest Dropbox buyer in Q4 2020 was Morgan Stanley, an estimated $118M added.
- The largest Dropbox seller in Q4 2020 was Ninety One (UK), an estimated $198M sold.
Based on aggregated 13F filings for Q4 2020.