Dropbox
DBX
448 hedge funds and large institutions have $5.04B invested in Dropbox in 2022 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 160 increasing their positions, 149 reducing their positions, and 38 closing their positions.
68% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 38
15% more call options, than puts
Call options by funds: $86.6M | Put options by funds: $75.1M
7% more capital invested
Capital invested by funds: $4.72B → $5.04B (+$317M)
4% more funds holding
Funds holding: 429 → 448 (+19)
7% more repeat investments, than reductions
Existing positions increased: 160 | Existing positions reduced: 149
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1.93% less ownership
Funds ownership: 82.99% → 81.06% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$59M |
| 2 |
Morgan Stanley
New York
|
+$56.8M |
| 3 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$32.5M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$29.3M |
| 5 |
Geode Capital Management
Boston,
Massachusetts
|
+$19.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
-$162M |
| 2 |
Janus Henderson Group
London,
United Kingdom
|
-$79M |
| 3 |
PAMS
Pictet Asset Management (Switzerland)
Geneva 73,
Switzerland
|
-$77.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$67.9M |
| 5 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$24.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TI
476
Tidal Investments
Milwaukee,
Wisconsin
| – | -$191K | -9,190 | Closed |
|
|
RA
477
Resolute Advisors
San Francisco,
California
| – | -$40K | -1,934 | Closed |
|
478
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$25K | -1,200 | Closed |
|
479
Credit Agricole
Montrouge Cedex,
France
| – | -$13K | -638 | Closed |
|
|
RTC
480
Riverview Trust Company
Vancouver,
Washington
| – | -$13K | -638 | Closed |
|
|
EC
481
Elequin Capital
New York
| – | -$10K | -503 | Closed |
|
|
OC
482
Oakworth Capital
Birmingham,
Alabama
| – | -$5K | -259 | Closed |
|
|
MAM
483
Meeder Asset Management
Dublin,
Ohio
| – | -$3K | -135 | Closed |
|
|
ODG
484
O'Dell Group
Cincinnati,
Ohio
| – | -$2K | -107 | Closed |
|
|
PGAM
485
Princeton Global Asset Management
Princeton,
New Jersey
| – | -$2K | -100 | Closed |
|
|
SCA
486
Stonebridge Capital Advisors
St Paul,
Minnesota
| – | -$1K | -32 | Closed |
|
487
CI Investments Inc
Toronto,
Ontario, Canada
| – | -$22 | -1 | -6% |
|
DBX Hedge Fund Activity: Q4 2022 in Review
448 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q4 2022, worth a combined $5.04B — up 6.7% from $4.72B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new DBX positions and 38 closed out — a net gain of 26 holders — while 160 added to existing stakes and 149 trimmed.
The largest buyer was Deutsche Bank, adding an estimated $59M. The largest seller was Baupost Group, exiting entirely with an estimated $162M sold.
- 448 institutional investors held Dropbox (DBX) as of Q4 2022, up from 429 in Q3 2022.
- Funds reported $5.04B of Dropbox stock for Q4 2022, up 6.7% quarter-over-quarter.
- 64 funds opened new Dropbox positions in Q4 2022 and 38 closed out, a net change of +26 holders.
- The largest Dropbox buyer in Q4 2022 was Deutsche Bank, an estimated $59M added.
- The largest Dropbox seller in Q4 2022 was Baupost Group, an estimated $162M sold.
Based on aggregated 13F filings for Q4 2022.