Dropbox
446 hedge funds and large institutions have $5.71B invested in Dropbox in 2024 Q1 according to their latest regulatory filings, with 64 funds opening new positions, 145 increasing their positions, 172 reducing their positions, and 76 closing their positions.
221% more call options, than puts
Call options by funds: $342M | Put options by funds: $107M
2.16% less ownership
Funds ownership: 91.42% → 89.25% (-2.2%)
3% less funds holding
Funds holding: 461 → 446 (-15)
16% less repeat investments, than reductions
Existing positions increased: 145 | Existing positions reduced: 172
16% less first-time investments, than exits
New positions opened: 64 | Existing positions closed: 76
20% less capital invested
Capital invested by funds: $7.14B → $5.71B (-$1.44B)
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| 1 |
Pacer Advisors
Malvern,
Pennsylvania
|
+$55.1M |
| 2 |
KBC Group
Brussels,
Belgium
|
+$48.5M |
| 3 |
CWG
C WorldWide Group
Copenhagen,
Denmark
|
+$34.2M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$24.4M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$23.4M |
Top Sellers
| 1 |
Morgan Stanley
New York
|
-$151M |
| 2 |
WCM
Wedge Capital Management
Charlotte,
North Carolina
|
-$71.7M |
| 3 |
Goldman Sachs
New York
|
-$62.7M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$55.3M |
| 5 |
Pictet Asset Management
Carouge,
Switzerland
|
-$36.9M |
DBX Hedge Fund Activity: Q1 2024 in Review
446 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q1 2024, worth a combined $5.71B — down 20% from $7.14B a quarter earlier.
Sellers outnumbered buyers: 76 funds closed out of DBX and 64 opened new positions — a net loss of 12 holders — while 172 trimmed existing stakes and 145 added.
The largest buyer was Pacer Advisors, adding an estimated $55.1M. The largest seller was Morgan Stanley, cutting an estimated $151M.
- 446 institutional investors held Dropbox (DBX) as of Q1 2024, down from 461 in Q4 2023.
- Funds reported $5.71B of Dropbox stock for Q1 2024, down 20% quarter-over-quarter.
- 64 funds opened new Dropbox positions in Q1 2024 and 76 closed out, a net change of -12 holders.
- The largest Dropbox buyer in Q1 2024 was Pacer Advisors, an estimated $55.1M added.
- The largest Dropbox seller in Q1 2024 was Morgan Stanley, an estimated $151M sold.
Based on aggregated 13F filings for Q1 2024.