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461 hedge funds and large institutions have $7.14B invested in Dropbox in 2023 Q4 according to their latest regulatory filings, with 58 funds opening new positions, 156 increasing their positions, 169 reducing their positions, and 53 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more capital invested

Capital invested by funds: $6.35B → $7.14B (+$794M)

4.41% more ownership

Funds ownership: 87.01%91.42% (+4.4%)

9% more first-time investments, than exits

New positions opened: 58 | Existing positions closed: 53

0% more funds holding

Funds holding: 460461 (+1)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

8% less repeat investments, than reductions

Existing positions increased: 156 | Existing positions reduced: 169

27% less call options, than puts

Call options by funds: $80.4M | Put options by funds: $111M

Holders
461
Holders Change
+1
Holders Change %
+0.22%
% of All Funds
6.72%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.07%
New
58
Increased
156
Reduced
169
Closed
53
Calls
$80.4M
Puts
$111M
Net Calls
-$30.3M
Net Calls Change
+$2.67M
Name Holding Trade Value Shares
Change
Change in
Stake
Swiss National Bank
51
Swiss National Bank
Switzerland
$23.8M -$716K -25,800 -3%
CS
52
Credit Suisse
Switzerland
$23.7M +$1.08M +38,847 +5%
Man Group
53
Man Group
United Kingdom
$23.6M +$22.2M +799,020 New
RhumbLine Advisers
54
RhumbLine Advisers
Massachusetts
$23M -$430K -15,471 -2%
Skandinaviska Enskilda Banken (SEB)
55
Skandinaviska Enskilda Banken (SEB)
Sweden
$20.5M -$14.1M -506,800 -42%
N
56
Nuveen
North Carolina
$20.1M -$785K -28,260 -4%
Mitsubishi UFJ Trust & Banking
57
Mitsubishi UFJ Trust & Banking
Japan
$19.8M -$3.17M -114,015 -14%
Caisse de Depot et Placement du Quebec (CDPQ)
58
Caisse de Depot et Placement du Quebec (CDPQ)
Quebec, Canada
$19.6M -$30M -1,080,140 -62%
Norges Bank
59
Norges Bank
Norway
$19.4M +$9.63M +346,949 +112%
CWG
60
C WorldWide Group
Denmark
$18.4M
Bank of Nova Scotia
61
Bank of Nova Scotia
Ontario, Canada
$18.2M +$17M +610,529 +7,702%
Sumitomo Mitsui Trust Group
62
Sumitomo Mitsui Trust Group
Japan
$17.3M -$224K -8,062 -1%
WorldQuant Millennium Advisors
63
WorldQuant Millennium Advisors
New York
$17M -$2.55M -92,000 -14%
AllianceBernstein
64
AllianceBernstein
Tennessee
$16.1M -$879K -31,666 -5%
SAM
65
Sawgrass Asset Management
Florida
$15.8M +$2.05M +73,903 +16%
RPI
66
Railway Pension Investments
United Kingdom
$14.7M
AAF
67
Andra AP-fonden
Sweden
$13.8M +$1.38M +49,800 +12%
Franklin Resources
68
Franklin Resources
California
$13.5M +$1.79M +64,492 +16%
Massachusetts Financial Services
69
Massachusetts Financial Services
Massachusetts
$13.3M -$1.77M -63,573 -12%
BNP Paribas Asset Management
70
BNP Paribas Asset Management
France
$13M +$45.4K +1,634 +0.4%
Boston Partners
71
Boston Partners
Massachusetts
$12.5M -$601K -21,654 -5%
WSTAM
72
Wilbanks Smith & Thomas Asset Management
Virginia
$12.1M -$216K -7,781 -2%
Jane Street
73
Jane Street
New York
$12M -$3.25M -116,994 -22%
California State Teachers Retirement System (CalSTRS)
74
California State Teachers Retirement System (CalSTRS)
California
$11.9M +$108K +3,879 +1%
Canada Life
75
Canada Life
Manitoba, Canada
$11.6M -$867K -31,235 -7%

DBX Hedge Fund Activity: Q4 2023 in Review

461 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q4 2023, worth a combined $7.14B — up 13% from $6.35B a quarter earlier.

Buyers outnumbered sellers: 58 funds opened new DBX positions and 53 closed out — a net gain of 5 holders — while 156 added to existing stakes and 169 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $145M. The largest seller was Epoch Investment Partners, exiting entirely with an estimated $33.6M sold.

  • 461 institutional investors held Dropbox (DBX) as of Q4 2023, up from 460 in Q3 2023.
  • Funds reported $7.14B of Dropbox stock for Q4 2023, up 13% quarter-over-quarter.
  • 58 funds opened new Dropbox positions in Q4 2023 and 53 closed out, a net change of +5 holders.
  • The largest Dropbox buyer in Q4 2023 was Morgan Stanley, an estimated $145M added.
  • The largest Dropbox seller in Q4 2023 was Epoch Investment Partners, an estimated $33.6M sold.

Based on aggregated 13F filings for Q4 2023.