Dropbox
277 hedge funds and large institutions have $2.94B invested in Dropbox in 2019 Q1 according to their latest regulatory filings, with 56 funds opening new positions, 88 increasing their positions, 82 reducing their positions, and 46 closing their positions.
22% more first-time investments, than exits
New positions opened: 56 | Existing positions closed: 46
12% more capital invested
Capital invested by funds: $2.62B → $2.94B (+$320M)
3% more funds holding
Funds holding: 268 → 277 (+9)
7% more repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 82
5% less funds holding in top 10
Funds holding in top 10: 20 → 19 (-1)
14.93% less ownership
Funds ownership: 78.23% → 63.3% (-15%)
30% less call options, than puts
Call options by funds: $74.8M | Put options by funds: $107M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
+$54.1M |
| 2 |
JP Morgan Chase
New York
|
+$46M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$43.9M |
| 4 |
Two Sigma Investments
New York
|
+$34.3M |
| 5 |
D.E. Shaw & Co
New York
|
+$30.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AXA
Accel X Associates
Palo Alto,
California
|
-$58.8M |
| 2 |
Holocene Advisors
New York
|
-$54.4M |
| 3 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
-$44.7M |
| 4 |
T. Rowe Price Associates
Baltimore,
Maryland
|
-$34.8M |
| 5 |
IVGAI
Index Venture Growth Associates II
St. Helier, Channel Islands,
Jersey
|
-$25.5M |
DBX Hedge Fund Activity: Q1 2019 in Review
277 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q1 2019, worth a combined $2.94B — up 12% from $2.62B a quarter earlier.
Buyers outnumbered sellers: 56 funds opened new DBX positions and 46 closed out — a net gain of 10 holders — while 88 added to existing stakes and 82 trimmed.
The largest buyer was Two Sigma Advisers, adding an estimated $54.1M. The largest seller was Accel X Associates, cutting an estimated $58.8M.
- 277 institutional investors held Dropbox (DBX) as of Q1 2019, up from 268 in Q4 2018.
- Funds reported $2.94B of Dropbox stock for Q1 2019, up 12% quarter-over-quarter.
- 56 funds opened new Dropbox positions in Q1 2019 and 46 closed out, a net change of +10 holders.
- The largest Dropbox buyer in Q1 2019 was Two Sigma Advisers, an estimated $54.1M added.
- The largest Dropbox seller in Q1 2019 was Accel X Associates, an estimated $58.8M sold.
Based on aggregated 13F filings for Q1 2019.