470 hedge funds and large institutions have $5.46B invested in Dropbox in 2025 Q4 according to their latest regulatory filings, with 67 funds opening new positions, 157 increasing their positions, 173 reducing their positions, and 57 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 ownership

Funds ownership:

more funds holding

Funds holding:

9% less repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 173

8% less capital invested

Capital invested by funds: $5.96B → $5.46B (-$494M)

Holders
470
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
$280M
Puts
$46.9M
Net Calls
Net Calls Change

Top Buyers

1 +$37.2M
2 +$31.8M
3 +$30.2M
4
QCM
Quantinno Capital Management
New York
+$24.3M
5
Millennium Management
Millennium Management
New York
+$24.1M

Top Sellers

1 -$45.8M
2 -$29.4M
3 -$24.7M
4
Ameriprise
Ameriprise
Minnesota
-$23.4M
5
Citadel Advisors
Citadel Advisors
Florida
-$20.1M
Name Holding Trade Value Shares
Change
Change in
Stake
NPT
101
National Philanthropic Trust
Pennsylvania
$4.4M
Squarepoint
102
Squarepoint
New York
$4.29M
Nomura Holdings
103
Nomura Holdings
Japan
$4.26M
BF
104
BOK Financial
Oklahoma
$4.1M
YIH
105
Y-Intercept (HK)
Hong Kong
$4.03M
T. Rowe Price Associates
106
T. Rowe Price Associates
Maryland
$3.99M
Swedbank
107
Swedbank
Sweden
$3.93M
BGIM
108
Brandywine Global Investment Management
Pennsylvania
$3.91M
CAPTRUST Financial Advisors
109
CAPTRUST Financial Advisors
North Carolina
$3.67M
Manulife (Manufacturers Life Insurance)
110
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.57M
3IP
111
3Chopt Investment Partners
Virginia
$3.54M
Pictet Asset Management
112
Pictet Asset Management
Switzerland
$3.48M
Corient Private Wealth
113
Corient Private Wealth
Florida
$3.31M
GIS
114
Graphene Investments SAS
France
$3.26M
OSAM
115
O'Shaughnessy Asset Management
Connecticut
$3.23M
NAMI
116
Nomura Asset Management International
Pennsylvania
$3.11M
Assenagon Asset Management
117
Assenagon Asset Management
Luxembourg
$3.09M
Thrivent Financial for Lutherans
118
Thrivent Financial for Lutherans
Minnesota
$3.07M
AFA
119
Abacus FCF Advisors
Florida
$3.04M
Canada Life
120
Canada Life
Manitoba, Canada
$2.93M
Ohio Public Employees Retirement System (OPERS)
121
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.89M
EF
122
Empowered Funds
Pennsylvania
$2.86M
AM
123
AGF Management
Ontario, Canada
$2.85M
New York State Common Retirement Fund
124
New York State Common Retirement Fund
New York
$2.82M
PA
125
Paralel Advisors
Colorado
$2.78M