463 hedge funds and large institutions have $5.45B invested in Dropbox in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 157 increasing their positions, 170 reducing their positions, and 56 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:

less funds holding

Funds holding:

8% less repeat investments, than reductions

Existing positions increased: 157 | Existing positions reduced: 170

8% less capital invested

Capital invested by funds: $5.95B → $5.45B (-$499M)

Holders
463
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
Squarepoint
101
Squarepoint
New York
$4.29M
Nomura Holdings
102
Nomura Holdings
Japan
$4.26M
BF
103
BOK Financial
Oklahoma
$4.1M
YIH
104
Y-Intercept (HK)
Hong Kong
$4.03M
T. Rowe Price Associates
105
T. Rowe Price Associates
Maryland
$3.99M
Swedbank
106
Swedbank
Sweden
$3.93M
BGIM
107
Brandywine Global Investment Management
Pennsylvania
$3.91M
CAPTRUST Financial Advisors
108
CAPTRUST Financial Advisors
North Carolina
$3.67M
Manulife (Manufacturers Life Insurance)
109
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$3.57M
3IP
110
3Chopt Investment Partners
Virginia
$3.54M
Pictet Asset Management
111
Pictet Asset Management
Switzerland
$3.48M
GIS
112
Graphene Investments SAS
France
$3.26M
OSAM
113
O'Shaughnessy Asset Management
Connecticut
$3.23M
NAMI
114
Nomura Asset Management International
Pennsylvania
$3.11M
Assenagon Asset Management
115
Assenagon Asset Management
Luxembourg
$3.09M
Thrivent Financial for Lutherans
116
Thrivent Financial for Lutherans
Minnesota
$3.07M
AFA
117
Abacus FCF Advisors
Florida
$3.04M
Canada Life
118
Canada Life
Manitoba, Canada
$2.93M
Ohio Public Employees Retirement System (OPERS)
119
Ohio Public Employees Retirement System (OPERS)
Ohio
$2.89M
EF
120
Empowered Funds
Pennsylvania
$2.86M
AM
121
AGF Management
Ontario, Canada
$2.85M
New York State Common Retirement Fund
122
New York State Common Retirement Fund
New York
$2.82M
PA
123
Paralel Advisors
Colorado
$2.78M
SSA
124
Schonfeld Strategic Advisors
New York
$2.78M
QT
125
Quantbot Technologies
New York
$2.77M