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430 hedge funds and large institutions have $5.6B invested in Dropbox in 2020 Q4 according to their latest regulatory filings, with 105 funds opening new positions, 144 increasing their positions, 118 reducing their positions, and 66 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 105 | Existing positions closed: 66

22% more repeat investments, than reductions

Existing positions increased: 144 | Existing positions reduced: 118

17% more funds holding in top 10

Funds holding in top 10: 67 (+1)

13% more capital invested

Capital invested by funds: $4.98B → $5.6B (+$627M)

9% more funds holding

Funds holding: 395430 (+35)

2.36% less ownership

Funds ownership: 82.22%79.87% (-2.4%)

31% less call options, than puts

Call options by funds: $160M | Put options by funds: $231M

Holders
430
Holders Change
+35
Holders Change %
+8.86%
% of All Funds
7.61%
Holding in Top 10
7
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+16.67%
% of All Funds
0.12%
New
105
Increased
144
Reduced
118
Closed
66
Calls
$160M
Puts
$231M
Net Calls
-$70.8M
Net Calls Change
-$49.9M
Name Holding Trade Value Shares
Change
Change in
Stake
VCM
26
Valiant Capital Management
California
$51.5M
GT
27
Glenmede Trust
Pennsylvania
$50.4M -$569K -27,939 -1%
Charles Schwab
28
Charles Schwab
California
$46.6M +$711K +34,899 +2%
Jane Street
29
Jane Street
New York
$45M +$30.5M +1,497,457 +282%
Millennium Management
30
Millennium Management
New York
$44.8M +$21.5M +1,054,589 +109%
GF
31
Greenhouse Funds
Maryland
$44.7M +$5.03M +246,967 +14%
Bank of New York Mellon
32
Bank of New York Mellon
New York
$43.7M +$5.64M +276,861 +16%
Two Sigma Advisers
33
Two Sigma Advisers
New York
$43.6M -$4.29M -210,700 -10%
LECM
34
Lead Edge Capital Management
New York
$43.2M +$22M +1,081,225 +125%
Jacobs Levy Equity Management
35
Jacobs Levy Equity Management
New Jersey
$42.6M -$1.45M -70,984 -4%
Northern Trust
36
Northern Trust
Illinois
$40.8M +$2.4M +117,832 +7%
Los Angeles Capital Management
37
Los Angeles Capital Management
California
$38M +$30.2M +1,485,339 +652%
Victory Capital Management
38
Victory Capital Management
Texas
$37.9M -$22.8M -1,122,041 -40%
Nordea Investment Management
39
Nordea Investment Management
Sweden
$36.5M +$14.1M +693,890 +73%
Wells Fargo
40
Wells Fargo
California
$34.3M -$16.2M -796,374 -34%
D.E. Shaw & Co
41
D.E. Shaw & Co
New York
$31.6M -$30M -1,471,577 -51%
Sumitomo Mitsui Trust Group
42
Sumitomo Mitsui Trust Group
Japan
$30.4M +$8.03M +394,328 +40%
PAM
43
Panagora Asset Management
Massachusetts
$29.1M +$26.2M +1,285,984 +4,942%
Arrowstreet Capital
44
Arrowstreet Capital
Massachusetts
$28.8M -$18.3M -896,772 -41%
ICM
45
Indaba Capital Management
California
$27.8M +$25.5M +1,250,700 New
Bank of America
46
Bank of America
North Carolina
$27.5M -$1.54M -75,385 -6%
Legal & General Group
47
Legal & General Group
United Kingdom
$26.9M +$3.38M +166,001 +16%
Swiss National Bank
48
Swiss National Bank
Switzerland
$26.4M +$4.41M +216,700 +22%
WorldQuant Millennium Advisors
49
WorldQuant Millennium Advisors
New York
$24.8M -$205K -10,068 -0.9%
Invesco
50
Invesco
Georgia
$23.1M +$1.6M +78,789 +8%

DBX Hedge Fund Activity: Q4 2020 in Review

430 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q4 2020, worth a combined $5.6B — up 13% from $4.98B a quarter earlier.

Buyers outnumbered sellers: 105 funds opened new DBX positions and 66 closed out — a net gain of 39 holders — while 144 added to existing stakes and 118 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $118M. The largest seller was Ninety One (UK), exiting entirely with an estimated $198M sold.

  • 430 institutional investors held Dropbox (DBX) as of Q4 2020, up from 395 in Q3 2020.
  • Funds reported $5.6B of Dropbox stock for Q4 2020, up 13% quarter-over-quarter.
  • 105 funds opened new Dropbox positions in Q4 2020 and 66 closed out, a net change of +39 holders.
  • The largest Dropbox buyer in Q4 2020 was Morgan Stanley, an estimated $118M added.
  • The largest Dropbox seller in Q4 2020 was Ninety One (UK), an estimated $198M sold.

Based on aggregated 13F filings for Q4 2020.