448 hedge funds and large institutions have $5.86B invested in Dropbox in 2025 Q1 according to their latest regulatory filings, with 75 funds opening new positions, 142 increasing their positions, 167 reducing their positions, and 67 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

Call options by funds: $ | Put options by funds: $

more first-time investments, than exits

New positions opened: | Existing positions closed:

more funds holding

Funds holding:

less ownership

Funds ownership:

14% less capital invested

Capital invested by funds: $6.84B → $5.86B (-$986M)

15% less repeat investments, than reductions

Existing positions increased: 142 | Existing positions reduced: 167

Holders
448
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$240M
Puts
$125M
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Canada Life
76
Canada Life
Manitoba, Canada
$8.93M
Citigroup
77
Citigroup
New York
$8.13M
MPM
78
Meritage Portfolio Management
Kansas
$8.02M
AG
79
Algert Global
California
$7.82M
TPSF
80
Texas Permanent School Fund
Texas
$7.68M
Janus Henderson Group
81
Janus Henderson Group
United Kingdom
$7.31M
PAM
82
Panagora Asset Management
Massachusetts
$7.25M
CGH
83
Crossmark Global Holdings
Texas
$6.82M
Comerica Bank
84
Comerica Bank
Texas
$6.7M
CF
85
Corebridge Financial
Texas
$6.41M
Universal-Beteiligungs- und Servicegesellschaft
86
Universal-Beteiligungs- und Servicegesellschaft
Germany
$6.4M
Wells Fargo
87
Wells Fargo
California
$6.34M
FCM
88
Fieldview Capital Management
Michigan
$5.97M
State Board of Administration of Florida Retirement System
89
State Board of Administration of Florida Retirement System
Florida
$5.96M
California State Teachers Retirement System (CalSTRS)
90
California State Teachers Retirement System (CalSTRS)
California
$5.87M
CI
91
Ceera Investments
Texas
$5.85M
IC
92
IEQ Capital
California
$5.61M
Susquehanna International Group
93
Susquehanna International Group
Pennsylvania
$5.58M
VI
94
Vestcor Inc
New Brunswick, Canada
$5.55M
CB
95
Commerce Bank
Missouri
$5.42M
IIM
96
INTECH Investment Management
Florida
$5.36M
Treasurer of the State of North Carolina
97
Treasurer of the State of North Carolina
North Carolina
$5.32M
Nisa Investment Advisors
98
Nisa Investment Advisors
Missouri
$5.17M
IMRF
99
Illinois Municipal Retirement Fund
Illinois
$4.83M
Manulife (Manufacturers Life Insurance)
100
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$4.76M