463 hedge funds and large institutions have $5.45B invested in Dropbox in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 157 increasing their positions, 170 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:

less funds holding

Funds holding:

8% less repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 170

8% less capital invested

Capital invested by funds: $5.95B → $5.45B (-$499M)

Holders
463
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
HighTower Advisors
251
HighTower Advisors
Illinois
$516K
RCA
252
Resonant Capital Advisors
Wisconsin
$493K
WTG
253
West Tower Group
Virginia
$487K
AI
254
AdvisorShares Investments
Maryland
$487K
EWM
255
Empirical Wealth Management
Washington
$486K
SOADOR
256
State of Alaska Department of Revenue
Alaska
$479K
Bank of Montreal
257
Bank of Montreal
Ontario, Canada
$471K
TRCT
258
Tower Research Capital (TRC)
New York
$464K
LNWTC
259
Laird Norton Wetherby Trust Company
Washington
$463K
VA
260
Vident Advisory
Georgia
$459K
JCIA
261
Jackson Creek Investment Advisors
Colorado
$454K
JFG
262
Jefferies Financial Group
New York
$443K
ECM
263
Evergreen Capital Management
Washington
$439K
RAM
264
Resona Asset Management
Japan
$420K
FDCDDQ
265
Federation des caisses Desjardins du Quebec
Quebec, Canada
$420K
JIC
266
Joel Isaacson & Co
New York
$417K
VCM
267
Versant Capital Management
Arizona
$415K
Walleye Capital
268
Walleye Capital
New York
$388K
SOW
269
State of Wyoming
Wyoming
$384K
ACM
270
Aster Capital Management
United Arab Emirates
$378K
CPIG
271
Chicago Partners Investment Group
Illinois
$369K
SAM
272
Securian Asset Management
Minnesota
$353K
RF
273
RHS Financial
California
$351K
Bessemer Group
274
Bessemer Group
New Jersey
$340K
C
275
Certuity
Florida
$339K