466 hedge funds and large institutions have $5.46B invested in Dropbox in 2025 Q4 according to their latest regulatory filings, with 65 funds opening new positions, 157 increasing their positions, 173 reducing their positions, and 56 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more ownership

Funds ownership:

more funds holding

Funds holding:

9% less repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 173

8% less capital invested

Capital invested by funds: $5.95B → $5.46B (-$494M)

Holders
466
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$280M
Puts
$46.9M
Net Calls
Net Calls Change

Top Buyers

1 +$37.2M
2 +$31.8M
3 +$30.2M
4
QCM
Quantinno Capital Management
New York
+$24.3M
5
Millennium Management
Millennium Management
New York
+$24.1M

Top Sellers

1 -$45.8M
2 -$29.4M
3 -$24.7M
4
Ameriprise
Ameriprise
Minnesota
-$23.4M
5
Citadel Advisors
Citadel Advisors
Florida
-$20.1M
Name Holding Trade Value Shares
Change
Change in
Stake
Northwestern Mutual Wealth Management
226
Northwestern Mutual Wealth Management
Wisconsin
$730K
IA
227
IFP Advisors
Florida
$728K
Neuberger Berman Group
228
Neuberger Berman Group
New York
$728K
I
229
INVST
Indiana
$718K
EAM
230
Empirical Asset Management
Massachusetts
$716K
GC
231
Guggenheim Capital
Illinois
$711K
GWMR
232
GC Wealth Management RIA
Massachusetts
$702K
ASN
233
Advisory Services Network
Georgia
$692K
DO
234
denkapparat Operations
Germany
$677K
VCM
235
Voleon Capital Management
California
$661K
CAU
236
Caxton Associates (UK)
$656K
IIM
237
INTECH Investment Management
Florida
$655K
AAM
238
Advisors Asset Management
Colorado
$638K
X
239
Xponance
Pennsylvania
$617K
KCP
240
Kera Capital Partners
California
$592K
Allspring Global Investments
241
Allspring Global Investments
North Carolina
$586K
Aviva
242
Aviva
United Kingdom
$584K
CFO
243
Callan Family Office
Pennsylvania
$581K
I
244
InceptionR
California
$580K
OCBCO
245
Oversea-Chinese Banking Corp (OCBC)
Singapore
$565K
SPS
246
Susquehanna Portfolio Strategies
Pennsylvania
$552K
QI
247
Qtron Investments
Massachusetts
$539K
Osaic Holdings
248
Osaic Holdings
Arizona
$535K
Federated Hermes
249
Federated Hermes
Pennsylvania
$533K
WF
250
Womack Financial
Texas
$529K