Dropbox
326 hedge funds and large institutions have $3.35B invested in Dropbox in 2019 Q4 according to their latest regulatory filings, with 78 funds opening new positions, 136 increasing their positions, 62 reducing their positions, and 43 closing their positions.
119% more repeat investments, than reductions
Existing positions increased: 136 | Existing positions reduced: 62
81% more first-time investments, than exits
New positions opened: 78 | Existing positions closed: 43
9% more funds holding
Funds holding: 300 → 326 (+26)
3.25% more ownership
Funds ownership: 70.53% → 73.78% (+3.3%)
6% less capital invested
Capital invested by funds: $3.58B → $3.35B (-$226M)
13% less call options, than puts
Call options by funds: $62.7M | Put options by funds: $71.8M
40% less funds holding in top 10
Funds holding in top 10: 15 → 9 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$116M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$57.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$41.6M |
| 4 |
Two Sigma Investments
New York
|
+$33.1M |
| 5 |
Jacobs Levy Equity Management
Florham Park,
New Jersey
|
+$29.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$111M |
| 2 |
SCA
Southpoint Capital Advisors
New York
|
-$80.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$57.4M |
| 4 |
BlackRock
New York
|
-$32.1M |
| 5 |
Point72 Asset Management
Stamford,
Connecticut
|
-$28.7M |
DBX Hedge Fund Activity: Q4 2019 in Review
326 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q4 2019, worth a combined $3.35B — down 6.3% from $3.58B a quarter earlier.
Buyers outnumbered sellers: 78 funds opened new DBX positions and 43 closed out — a net gain of 35 holders — while 136 added to existing stakes and 62 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $116M. The largest seller was Citadel Advisors, cutting an estimated $111M.
- 326 institutional investors held Dropbox (DBX) as of Q4 2019, up from 300 in Q3 2019.
- Funds reported $3.35B of Dropbox stock for Q4 2019, down 6.3% quarter-over-quarter.
- 78 funds opened new Dropbox positions in Q4 2019 and 43 closed out, a net change of +35 holders.
- The largest Dropbox buyer in Q4 2019 was Renaissance Technologies, an estimated $116M added.
- The largest Dropbox seller in Q4 2019 was Citadel Advisors, an estimated $111M sold.
Based on aggregated 13F filings for Q4 2019.