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
PWM
301
Paulson Wealth Management
Illinois
$275K
URS
302
Utah Retirement Systems
Utah
$275K
OL
303
Optas LLC
Texas
$271K
BPC
304
Banque Pictet & Cie
Switzerland
$271K
BFM
305
Boothbay Fund Management
New York
$271K
BHCM
306
Brevan Howard Capital Management
Jersey
$259K
MSRPS
307
Maryland State Retirement & Pension System
Maryland
$257K
GI
308
GAMMA Investing
California
$250K
OAC
309
OMERS Administration Corp
Ontario, Canada
$248K
SLAM
310
Swiss Life Asset Management
$244K
MML Investors Services
311
MML Investors Services
Massachusetts
$238K
Rafferty Asset Management
312
Rafferty Asset Management
New York
$236K
CAM
313
Cresset Asset Management
Illinois
$229K
US Bancorp
314
US Bancorp
Minnesota
$226K
CAM
315
Claret Asset Management
Quebec, Canada
$226K
ACA
316
Atlas Capital Advisors
Wyoming
$223K
PNC Financial Services Group
317
PNC Financial Services Group
Pennsylvania
$220K
CAG
318
Crestwood Advisors Group
Massachusetts
$219K
ProShare Advisors
319
ProShare Advisors
Maryland
$216K
SFS
320
Sowell Financial Services
Arkansas
$215K
SGAM
321
Smith Group Asset Management
Texas
$215K
ICP
322
Interchange Capital Partners
Pennsylvania
$215K
SAM
323
Sagewood Asset Management
New York
$215K
CPC
324
Cookson Peirce & Co
Pennsylvania
$215K
AFG
325
Atomi Financial Group
New York
$214K