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457 hedge funds and large institutions have $7.11B invested in Dropbox in 2021 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 149 increasing their positions, 154 reducing their positions, and 47 closing their positions.

New
Increased
Maintained
Reduced
Closed

28% more first-time investments, than exits

New positions opened: 60 | Existing positions closed: 47

14% more call options, than puts

Call options by funds: $228M | Put options by funds: $200M

2% more funds holding

Funds holding: 449457 (+8)

3% less repeat investments, than reductions

Existing positions increased: 149 | Existing positions reduced: 154

6.8% less ownership

Funds ownership: 84.01%77.21% (-6.8%)

12% less capital invested

Capital invested by funds: $8.1B → $7.11B (-$985M)

67% less funds holding in top 10

Funds holding in top 10: 93 (-6)

Holders
457
Holders Change
+8
Holders Change %
+1.78%
% of All Funds
8%
Holding in Top 10
3
Holding in Top 10 Change
-6
Holding in Top 10 Change %
-66.67%
% of All Funds
0.05%
New
60
Increased
149
Reduced
154
Closed
47
Calls
$228M
Puts
$200M
Net Calls
+$28.5M
Net Calls Change
-$238M
Name Holding Trade Value Shares
Change
Change in
Stake
Mirae Asset Global Investments
26
Mirae Asset Global Investments
South Korea
$57.9M -$1.95M -62,754 -3%
Axa
27
Axa
France
$57.8M -$5.21M -167,899 -8%
Jacobs Levy Equity Management
28
Jacobs Levy Equity Management
New Jersey
$56.1M +$2.08M +66,838 +4%
Nordea Investment Management
29
Nordea Investment Management
Sweden
$53.4M +$2.49M +80,161 +5%
Wells Fargo
30
Wells Fargo
California
$51.1M -$2.29M -73,714 -4%
Morgan Stanley
31
Morgan Stanley
New York
$49.9M +$3.04M +97,826 +6%
Bank of Montreal
32
Bank of Montreal
Ontario, Canada
$46.2M -$69M -2,221,307 -59%
Skandinaviska Enskilda Banken (SEB)
33
Skandinaviska Enskilda Banken (SEB)
Sweden
$44.7M +$40.4M +1,300,119 +567%
Robeco Institutional Asset Management
34
Robeco Institutional Asset Management
Netherlands
$44.6M +$10.3M +331,455 +28%
JP Morgan Chase
35
JP Morgan Chase
New York
$44.5M +$3.44M +110,851 +8%
Deutsche Bank
36
Deutsche Bank
Germany
$43.8M -$4.29M -138,291 -8%
VCM
37
Valiant Capital Management
California
$43.4M -$17M -548,000 -27%
Dimensional Fund Advisors
38
Dimensional Fund Advisors
Texas
$43.1M +$48.9K +1,576 +0.1%
Barclays
39
Barclays
United Kingdom
$41.6M +$1.8M +58,114 +4%
Royal Bank of Canada
40
Royal Bank of Canada
Ontario, Canada
$40.9M +$13.9M +448,709 +47%
Legal & General Group
41
Legal & General Group
United Kingdom
$39.2M +$361K +11,623 +0.9%
Victory Capital Management
42
Victory Capital Management
Texas
$38.4M +$13M +417,890 +47%
PAM
43
Panagora Asset Management
Massachusetts
$37.6M +$6.32M +203,468 +19%
Swiss National Bank
44
Swiss National Bank
Switzerland
$36.7M -$1.08M -34,700 -3%
Arrowstreet Capital
45
Arrowstreet Capital
Massachusetts
$33.9M +$16.3M +524,700 +82%
N
46
Nuveen
North Carolina
$31.8M -$7.4M -238,302 -18%
EIP
47
Epoch Investment Partners
New York
$31.5M -$14.8M -476,783 -31%
Massachusetts Financial Services
48
Massachusetts Financial Services
Massachusetts
$31.2M +$25.3M +815,999 +323%
Bank of America
49
Bank of America
North Carolina
$30.5M -$997K -32,089 -3%
Millennium Management
50
Millennium Management
New York
$29.5M -$9.58M -308,398 -23%

DBX Hedge Fund Activity: Q3 2021 in Review

457 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q3 2021, worth a combined $7.11B — down 12% from $8.1B a quarter earlier.

Buyers outnumbered sellers: 60 funds opened new DBX positions and 47 closed out — a net gain of 13 holders — while 149 added to existing stakes and 154 trimmed.

The largest buyer was Baupost Group, opening a new position worth an estimated $288M. The largest seller was Credit Suisse, cutting an estimated $273M.

  • 457 institutional investors held Dropbox (DBX) as of Q3 2021, up from 449 in Q2 2021.
  • Funds reported $7.11B of Dropbox stock for Q3 2021, down 12% quarter-over-quarter.
  • 60 funds opened new Dropbox positions in Q3 2021 and 47 closed out, a net change of +13 holders.
  • The largest Dropbox buyer in Q3 2021 was Baupost Group, an estimated $288M added.
  • The largest Dropbox seller in Q3 2021 was Credit Suisse, an estimated $273M sold.

Based on aggregated 13F filings for Q3 2021.