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
OP
426
ORG Partners
Indiana
$1.25K
RFS
427
Richardson Financial Services
Massachusetts
$1.22K
IPS
428
Investors Portfolio Services
Washington
$1.22K
IRAG
429
Investment Research & Advisory Group
Georgia
$1.17K
SC
430
SouthState Corp
Florida
$1.14K
CFO
431
CVA Family Office
Colorado
$1.11K
AW
432
Avion Wealth
Texas
$1K
CH
433
Cromwell Holdings
Wyoming
$890
FF
434
Friedenthal Financial
New Jersey
$834
PWA
435
Principia Wealth Advisory
Texas
$834
RWM
436
Rialto Wealth Management
New York
$807
TPCW
437
TD Private Client Wealth
New York
$778
ADL
438
Asset Dedication LLC
California
$695
BIA
439
Bell Investment Advisors
California
$612
SWM
440
Spire Wealth Management
Virginia
$584
BWL
441
Bogart Wealth LLC
Virginia
$556
BMC
442
Bear Mountain Capital
Washington
$530
BHWM
443
Bay Harbor Wealth Management
Maryland
$528
NMG
444
New Millennium Group
Utah
$500
UFF
445
USA Financial Formulas
Michigan
$473
PWA
446
Physician Wealth Advisors
Utah
$473
BIM
447
Breakwater Investment Management
Washington
$473
MCM
448
MV Capital Management
Maryland
$417
Kayne Anderson Rudnick Investment Management
449
Kayne Anderson Rudnick Investment Management
California
$389
EW
450
Elyxium Wealth
California
$389