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456 hedge funds and large institutions have $5.87B invested in Dropbox in 2025 Q1 according to their latest regulatory filings, with 73 funds opening new positions, 145 increasing their positions, 171 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

92% more call options, than puts

Call options by funds: $240M | Put options by funds: $125M

9% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 67

1% more funds holding

Funds holding: 453456 (+3)

4.67% less ownership

Funds ownership: 102.49%97.82% (-4.7%)

14% less capital invested

Capital invested by funds: $6.85B → $5.87B (-$980M)

15% less repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 171

Holders
456
Holders Change
+3
Holders Change %
+0.66%
% of All Funds
6.11%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.03%
New
73
Increased
145
Reduced
171
Closed
67
Calls
$240M
Puts
$125M
Net Calls
+$115M
Net Calls Change
-$106M
Name Holding Trade Value Shares
Change
Change in
Stake
Janney Montgomery Scott
476
Janney Montgomery Scott
Pennsylvania
-$656K -21,847 Closed
Aviva
477
Aviva
United Kingdom
-$647K -21,530 Closed
Boston Partners
478
Boston Partners
Massachusetts
-$592K -19,707 Closed
VIA
479
Virtus Investment Advisers
Connecticut
-$586K -19,500 Closed
PCM
480
Penserra Capital Management
California
-$517K -17,213 Closed
KIM
481
Kestra Investment Management
Texas
-$515K -17,142 Closed
LAM
482
LECAP Asset Management
United Kingdom
-$472K -15,701 Closed
WorldQuant Millennium Advisors
483
WorldQuant Millennium Advisors
New York
-$451K -15,003 Closed
AA
484
ALPS Advisors
Colorado
-$425K -14,150 Closed
ACM
485
Aster Capital Management
United Arab Emirates
-$393K -13,084 Closed
CIC
486
Cornercap Investment Counsel
Georgia
-$355K -11,804 Closed
AT
487
American Trust
Kentucky
-$320K -10,650 Closed
DC
488
Diametric Capital
Massachusetts
-$313K -10,420 Closed
KA
489
Kovack Advisors
Florida
-$310K -10,325 Closed
SA
490
Sanctuary Advisors
Indiana
-$314K -9,787 Closed
Pzena Investment Management
491
Pzena Investment Management
New York
-$292K -9,718 Closed
HCA
492
Hyperion Capital Advisors
New York
-$272K -9,070 Closed
AC
493
AXQ Capital
New Jersey
-$270K -8,973 Closed
PCA
494
Pallas Capital Advisors
Massachusetts
-$263K -8,757 Closed
PCM
495
Prelude Capital Management
New York
-$263K -8,753 Closed
Pathstone Holdings
496
Pathstone Holdings
New Jersey
-$235K -7,816 Closed
CFM
497
Catalyst Funds Management
Australia
-$225K -7,500 Closed
NWMG
498
National Wealth Management Group
Ohio
-$221K -7,365 Closed
Focus Partners Wealth
499
Focus Partners Wealth
Massachusetts
-$219K -7,298 Closed
HCA
500
Harbor Capital Advisors
Illinois
-$215K -7,172 Closed

DBX Hedge Fund Activity: Q1 2025 in Review

456 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q1 2025, worth a combined $5.87B — down 14% from $6.85B a quarter earlier.

Buyers outnumbered sellers: 73 funds opened new DBX positions and 67 closed out — a net gain of 6 holders — while 145 added to existing stakes and 171 trimmed.

The largest buyer was Wedge Capital Management, adding an estimated $58.7M. The largest seller was Ameriprise, cutting an estimated $123M.

  • 456 institutional investors held Dropbox (DBX) as of Q1 2025, up from 453 in Q4 2024.
  • Funds reported $5.87B of Dropbox stock for Q1 2025, down 14% quarter-over-quarter.
  • 73 funds opened new Dropbox positions in Q1 2025 and 67 closed out, a net change of +6 holders.
  • The largest Dropbox buyer in Q1 2025 was Wedge Capital Management, an estimated $58.7M added.
  • The largest Dropbox seller in Q1 2025 was Ameriprise, an estimated $123M sold.

Based on aggregated 13F filings for Q1 2025.