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422 hedge funds and large institutions have $4.19B invested in Dropbox in 2026 Q1 according to their latest regulatory filings, with 53 funds opening new positions, 146 increasing their positions, 167 reducing their positions, and 92 closing their positions.

New
Increased
Maintained
Reduced
Closed

more call options, than puts

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

more ownership

Funds ownership:

less funds holding

Funds holding:

less repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

23% less capital invested

Capital invested by funds: $5.46B → $4.19B (-$1.28B)

42% less first-time investments, than exits

New positions opened: 53 | Existing positions closed: 92

Holders
422
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$164M
Puts
$9.71M
Net Calls
Net Calls Change

Top Buyers

1 +$76.8M
2 +$24.4M
3 +$23.6M
4
D.E. Shaw & Co
D.E. Shaw & Co
New York
+$21.4M
5
Goldman Sachs
Goldman Sachs
New York
+$16.5M
Name Holding Trade Value Shares
Change
Change in
Stake
MAM
76
Martingale Asset Management
Massachusetts
$5.84M
Legal & General Group
77
Legal & General Group
United Kingdom
$5.68M
BAMF
78
BI Asset Management Fondsmaeglerselskab
Denmark
$5.22M
LCM
79
Landscape Capital Management
New Jersey
$5.01M
JAM
80
Jupiter Asset Management
United Kingdom
$4.88M
XT
81
XTX Topco
Cayman Islands
$4.87M
California State Teachers Retirement System (CalSTRS)
82
California State Teachers Retirement System (CalSTRS)
California
$4.69M
BHCM
83
Brevan Howard Capital Management
Jersey
$4.67M
LS
84
Livforsakringsbolaget Skandia
Sweden
$4.61M
GT
85
Glenmede Trust
Pennsylvania
$4.59M
CB
86
Commerce Bank
Missouri
$4.46M
IC
87
IEQ Capital
California
$4.34M
SG Americas Securities
88
SG Americas Securities
New York
$4.19M
ZIM
89
Zacks Investment Management
Illinois
$4.16M
VGA
90
Vanguard Global Advisers
Pennsylvania
$4.02M
WorldQuant Millennium Advisors
91
WorldQuant Millennium Advisors
New York
$3.96M
State Board of Administration of Florida Retirement System
92
State Board of Administration of Florida Retirement System
Florida
$3.8M
NPT
93
National Philanthropic Trust
Pennsylvania
$3.59M
TC
94
TwinBeech Capital
New York
$3.59M
VAM
95
Vanguard Asset Management
$3.59M
VOYA Investment Management
96
VOYA Investment Management
Georgia
$3.52M
BNP Paribas Asset Management
97
BNP Paribas Asset Management
France
$3.42M
T. Rowe Price Associates
98
T. Rowe Price Associates
Maryland
$3.42M
Assenagon Asset Management
99
Assenagon Asset Management
Luxembourg
$3.27M
AM
100
AGF Management
Ontario, Canada
$3.26M