Dropbox
DBX
342 hedge funds and large institutions have $3.62B invested in Dropbox in 2020 Q1 according to their latest regulatory filings, with 71 funds opening new positions, 114 increasing their positions, 110 reducing their positions, and 50 closing their positions.
56% more funds holding in top 10
Funds holding in top 10: 9 → 14 (+5)
42% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 50
8% more capital invested
Capital invested by funds: $3.35B → $3.62B (+$263M)
5% more funds holding
Funds holding: 326 → 342 (+16)
3.62% more ownership
Funds ownership: 73.78% → 77.4% (+3.6%)
4% more repeat investments, than reductions
Existing positions increased: 114 | Existing positions reduced: 110
42% less call options, than puts
Call options by funds: $115M | Put options by funds: $197M
Top Buyers
| 1 |
Nomura Holdings
Tokyo,
Japan
|
+$115M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$60.1M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
+$57.1M |
| 4 |
GC
Greenvale Capital
London,
United Kingdom
|
+$55.4M |
| 5 |
EIP
Epoch Investment Partners
New York
|
+$46.7M |
Top Sellers
| 1 |
BlackRock
New York
|
-$91.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$77.2M |
| 3 |
SI
Salesforce Inc
San Francisco,
California
|
-$49.2M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$32.5M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
-$23M |
DBX Hedge Fund Activity: Q1 2020 in Review
342 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q1 2020, worth a combined $3.62B — up 7.8% from $3.35B a quarter earlier.
Buyers outnumbered sellers: 71 funds opened new DBX positions and 50 closed out — a net gain of 21 holders — while 114 added to existing stakes and 110 trimmed.
The largest buyer was Nomura Holdings, adding an estimated $115M. The largest seller was BlackRock, cutting an estimated $91.3M.
- 342 institutional investors held Dropbox (DBX) as of Q1 2020, up from 326 in Q4 2019.
- Funds reported $3.62B of Dropbox stock for Q1 2020, up 7.8% quarter-over-quarter.
- 71 funds opened new Dropbox positions in Q1 2020 and 50 closed out, a net change of +21 holders.
- The largest Dropbox buyer in Q1 2020 was Nomura Holdings, an estimated $115M added.
- The largest Dropbox seller in Q1 2020 was BlackRock, an estimated $91.3M sold.
Based on aggregated 13F filings for Q1 2020.