Dropbox
228 hedge funds and large institutions have $2.37B invested in Dropbox in 2018 Q3 according to their latest regulatory filings, with 78 funds opening new positions, 86 increasing their positions, 27 reducing their positions, and 37 closing their positions.
219% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 27
111% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 37
50% more funds holding in top 10
Funds holding in top 10: 8 → 12 (+4)
38% more capital invested
Capital invested by funds: $1.72B → $2.37B (+$648M)
22% more funds holding
Funds holding: 187 → 228 (+41)
5.16% more ownership
Funds ownership: 73.61% → 78.76% (+5.2%)
55% less call options, than puts
Call options by funds: $83M | Put options by funds: $185M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$232M |
| 2 |
First Trust Advisors
Wheaton,
Illinois
|
+$88.8M |
| 3 |
HLC
Hunt Lane Capital
New York
|
+$83.8M |
| 4 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$65.5M |
| 5 |
Vanguard Group
Malvern,
Pennsylvania
|
+$63.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$157M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$28.5M |
| 3 |
LSCM
Light Street Capital Management
Palo Alto,
California
|
-$28.3M |
| 4 |
Morgan Stanley
New York
|
-$24.8M |
| 5 |
SC
Sculptor Capital
New York
|
-$10.8M |
DBX Hedge Fund Activity: Q3 2018 in Review
228 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q3 2018, worth a combined $2.37B — up 38% from $1.72B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new DBX positions and 37 closed out — a net gain of 41 holders — while 86 added to existing stakes and 27 trimmed.
The largest buyer was Fidelity Investments, adding an estimated $232M. The largest seller was T. Rowe Price Associates, cutting an estimated $157M.
- 228 institutional investors held Dropbox (DBX) as of Q3 2018, up from 187 in Q2 2018.
- Funds reported $2.37B of Dropbox stock for Q3 2018, up 38% quarter-over-quarter.
- 78 funds opened new Dropbox positions in Q3 2018 and 37 closed out, a net change of +41 holders.
- The largest Dropbox buyer in Q3 2018 was Fidelity Investments, an estimated $232M added.
- The largest Dropbox seller in Q3 2018 was T. Rowe Price Associates, an estimated $157M sold.
Based on aggregated 13F filings for Q3 2018.