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
Janus Henderson Group
126
Janus Henderson Group
United Kingdom
$2.74M
AG
127
Algert Global
California
$2.65M
Envestnet Asset Management
128
Envestnet Asset Management
Illinois
$2.58M
Cerity Partners
129
Cerity Partners
New York
$2.5M
EMPI
130
Elo Mutual Pension Insurance
Finland
$2.47M
Teacher Retirement System of Texas
131
Teacher Retirement System of Texas
Texas
$2.46M
WG
132
Winton Group
United Kingdom
$2.44M
MIM
133
MetLife Investment Management
New Jersey
$2.44M
TD Asset Management
134
TD Asset Management
Ontario, Canada
$2.39M
LCM
135
Legato Capital Management
California
$2.29M
AB
136
Amalgamated Bank
New York
$2.26M
ATPW
137
Ashton Thomas Private Wealth
Arizona
$2.25M
CEI
138
Clark Estates Inc
New York
$2.25M
Raymond James Financial
139
Raymond James Financial
Florida
$2.25M
EGM
140
Engineers Gate Manager
New York
$2.2M
RWM
141
Ritholtz Wealth Management
New York
$2.2M
CG
142
Caprock Group
Idaho
$2.2M
PFSRSONJ
143
Police & Firemen's Retirement System of New Jersey
New Jersey
$2.16M
New York State Teachers Retirement System (NYSTRS)
144
New York State Teachers Retirement System (NYSTRS)
New York
$2.13M
AFG
145
ABLE Financial Group
Arizona
$2.08M
SGA
146
Strategic Global Advisors
California
$2.04M
State of New Jersey Common Pension Fund D
147
State of New Jersey Common Pension Fund D
New Jersey
$2.03M
MOACM
148
Mutual of America Capital Management
New York
$2.02M
Qube Research & Technologies (QRT)
149
Qube Research & Technologies (QRT)
United Kingdom
$1.93M
Ensign Peak Advisors
150
Ensign Peak Advisors
Utah
$1.93M