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Dropbox

449 hedge funds and large institutions have $4.95B invested in Dropbox in 2026 Q2 according to their latest regulatory filings, with 82 funds opening new positions, 138 increasing their positions, 176 reducing their positions, and 51 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,957% more call options, than puts

Call options by funds: $212M | Put options by funds: $10.3M

61% more first-time investments, than exits

New positions opened: 82 | Existing positions closed: 51

18% more capital invested

Capital invested by funds: $4.19B → $4.95B (+$765M)

6% more funds holding

Funds holding: 425449 (+24)

3.15% more ownership

Funds ownership: 111.15%114.3% (+3.1%)

22% less repeat investments, than reductions

Existing positions increased: 138 | Existing positions reduced: 176

Holders
449
Holders Change
+24
Holders Change %
+5.65%
% of All Funds
5.42%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
82
Increased
138
Reduced
176
Closed
51
Calls
$212M
Puts
$10.3M
Net Calls
+$201M
Net Calls Change
+$47M
Name Holding Trade Value Shares
Change
Change in
Stake
First Trust Advisors
26
First Trust Advisors
Illinois
$52.4M +$3.12M +121,335 +7%
JP Morgan Chase
27
JP Morgan Chase
New York
$51M +$11.5M +447,176 +32%
Pacer Advisors
28
Pacer Advisors
Pennsylvania
$50M -$5.87M -228,569 -11%
D.E. Shaw & Co
29
D.E. Shaw & Co
New York
$48.6M -$5.96M -231,748 -12%
AQR Capital Management
30
AQR Capital Management
Connecticut
$47.4M -$1.91M -74,149 -4%
Mackenzie Financial
31
Mackenzie Financial
Ontario, Canada
$42.7M +$26.9M +1,046,688 +206%
Ameriprise
32
Ameriprise
Minnesota
$41.3M +$2.77M +107,978 +8%
DekaBank Deutsche Girozentrale
33
DekaBank Deutsche Girozentrale
Germany
$40M
Franklin Resources
34
Franklin Resources
California
$36.5M -$14.4M -559,074 -30%
Bank of New York Mellon
35
Bank of New York Mellon
New York
$34.3M -$4.16M -162,027 -11%
Jane Street
36
Jane Street
New York
$32.3M +$17.7M +688,248 +142%
Massachusetts Financial Services
37
Massachusetts Financial Services
Massachusetts
$32.1M -$2.21M -86,135 -7%
Mitsubishi UFJ Trust & Banking
38
Mitsubishi UFJ Trust & Banking
Japan
$31.8M -$593K -23,077 -2%
Norges Bank
39
Norges Bank
Norway
$31.5M +$29.4M +1,145,662 New
Millennium Management
40
Millennium Management
New York
$27.6M -$38.4M -1,492,564 -60%
Fidelity Investments
41
Fidelity Investments
Massachusetts
$27.2M +$3.77M +146,689 +17%
JAM
42
Jupiter Asset Management
United Kingdom
$26.1M +$18.9M +735,056 +342%
Vanguard Fiduciary Trust
43
Vanguard Fiduciary Trust
Pennsylvania
$25.8M -$3.32M -129,243 -12%
Retirement Systems of Alabama
44
Retirement Systems of Alabama
Alabama
$21.8M -$1.51M -58,928 -7%
Canada Pension Plan Investment Board
45
Canada Pension Plan Investment Board
Ontario, Canada
$21.6M -$1.15M -44,800 -5%
Deutsche Bank
46
Deutsche Bank
Germany
$21.5M +$9.89M +384,820 +96%
Citigroup
47
Citigroup
New York
$20.5M +$1.58M +61,557 +9%
SEI Investments
48
SEI Investments
Pennsylvania
$20.1M -$11.8M -459,011 -39%
KK
49
KLP Kapitalforvaltning
Norway
$19.5M +$349K +13,600 +2%
Bank of America
50
Bank of America
North Carolina
$18.1M -$2.1M -81,833 -11%

DBX Hedge Fund Activity: Q2 2026 in Review

449 of the 8,279 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q2 2026, worth a combined $4.95B — up 18% from $4.19B a quarter earlier.

Buyers outnumbered sellers: 82 funds opened new DBX positions and 51 closed out — a net gain of 31 holders — while 138 added to existing stakes and 176 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $93.2M. The largest seller was BlackRock, cutting an estimated $61.4M.

  • 449 institutional investors held Dropbox (DBX) as of Q2 2026, up from 425 in Q1 2026.
  • Funds reported $4.95B of Dropbox stock for Q2 2026, up 18% quarter-over-quarter.
  • 82 funds opened new Dropbox positions in Q2 2026 and 51 closed out, a net change of +31 holders.
  • The largest Dropbox buyer in Q2 2026 was Royal Bank of Canada, an estimated $93.2M added.
  • The largest Dropbox seller in Q2 2026 was BlackRock, an estimated $61.4M sold.

Based on aggregated 13F filings for Q2 2026.