Dropbox
DBX
395 hedge funds and large institutions have $4.98B invested in Dropbox in 2020 Q3 according to their latest regulatory filings, with 61 funds opening new positions, 153 increasing their positions, 119 reducing their positions, and 74 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 153 | Existing positions reduced: 119
3% less funds holding
Funds holding: 408 → 395 (-13)
5% less capital invested
Capital invested by funds: $5.24B → $4.98B (-$262M)
9.35% less ownership
Funds ownership: 91.57% → 82.22% (-9.3%)
17% less call options, than puts
Call options by funds: $102M | Put options by funds: $122M
18% less first-time investments, than exits
New positions opened: 61 | Existing positions closed: 74
50% less funds holding in top 10
Funds holding in top 10: 12 → 6 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMU
Pictet Asset Management (UK)
London,
United Kingdom
|
+$123M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$104M |
| 3 |
Loomis, Sayles & Company
Boston,
Massachusetts
|
+$94.1M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$63.2M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$49.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$43.3M |
| 2 |
Renaissance Technologies
New York
|
-$42.2M |
| 3 |
AC
Armistice Capital
New York
|
-$35.4M |
| 4 |
Millennium Management
New York
|
-$32.5M |
| 5 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$29.5M |
DBX Hedge Fund Activity: Q3 2020 in Review
395 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q3 2020, worth a combined $4.98B — down 5% from $5.24B a quarter earlier.
Sellers outnumbered buyers: 74 funds closed out of DBX and 61 opened new positions — a net loss of 13 holders — while 119 trimmed existing stakes and 153 added.
The largest buyer was Pictet Asset Management (UK), adding an estimated $123M. The largest seller was Arrowstreet Capital, cutting an estimated $43.3M.
- 395 institutional investors held Dropbox (DBX) as of Q3 2020, down from 408 in Q2 2020.
- Funds reported $4.98B of Dropbox stock for Q3 2020, down 5% quarter-over-quarter.
- 61 funds opened new Dropbox positions in Q3 2020 and 74 closed out, a net change of -13 holders.
- The largest Dropbox buyer in Q3 2020 was Pictet Asset Management (UK), an estimated $123M added.
- The largest Dropbox seller in Q3 2020 was Arrowstreet Capital, an estimated $43.3M sold.
Based on aggregated 13F filings for Q3 2020.