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
BAAM
251
Baker Avenue Asset Management
California
$528K
CL
252
Choreo LLC
Illinois
$520K
HighTower Advisors
253
HighTower Advisors
Illinois
$516K
RCA
254
Resonant Capital Advisors
Wisconsin
$493K
WTG
255
West Tower Group
Virginia
$487K
AI
256
AdvisorShares Investments
Maryland
$487K
EWM
257
Empirical Wealth Management
Washington
$486K
SOADOR
258
State of Alaska Department of Revenue
Alaska
$479K
Bank of Montreal
259
Bank of Montreal
Ontario, Canada
$471K
TRCT
260
Tower Research Capital (TRC)
New York
$464K
LNWTC
261
Laird Norton Wetherby Trust Company
Washington
$463K
VA
262
Vident Advisory
Georgia
$459K
JCIA
263
Jackson Creek Investment Advisors
Colorado
$454K
JFG
264
Jefferies Financial Group
New York
$443K
ECM
265
Evergreen Capital Management
Washington
$439K
RAM
266
Resona Asset Management
Japan
$420K
FDCDDQ
267
Federation des caisses Desjardins du Quebec
Quebec, Canada
$420K
JIC
268
Joel Isaacson & Co
New York
$417K
VCM
269
Versant Capital Management
Arizona
$415K
Walleye Capital
270
Walleye Capital
New York
$388K
SOW
271
State of Wyoming
Wyoming
$384K
ACM
272
Aster Capital Management
United Arab Emirates
$378K
CPIG
273
Chicago Partners Investment Group
Illinois
$369K
SAM
274
Securian Asset Management
Minnesota
$353K
RF
275
RHS Financial
California
$351K