Dropbox
DBX
422 hedge funds and large institutions have $4.93B invested in Dropbox in 2023 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 141 increasing their positions, 153 reducing their positions, and 68 closing their positions.
1.35% more ownership
Funds ownership: 81.06% → 82.41% (+1.4%)
2% less capital invested
Capital invested by funds: $5.04B → $4.93B (-$106M)
8% less repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 153
6% less funds holding
Funds holding: 448 → 422 (-26)
21% less call options, than puts
Call options by funds: $56.5M | Put options by funds: $71.6M
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
32% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 68
Top Buyers
| 1 |
UBS Group
Zurich,
Switzerland
|
+$87.8M |
| 2 |
AQR Capital Management
Greenwich,
Connecticut
|
+$28.4M |
| 3 |
BlackRock
New York
|
+$27.6M |
| 4 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
+$24.6M |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$24.5M |
Top Sellers
| 1 |
UBS AM
Chicago,
Illinois
|
-$36.1M |
| 2 |
Two Sigma Advisers
New York
|
-$33.9M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$27.6M |
| 4 |
GF
Greenhouse Funds
Baltimore,
Maryland
|
-$26.1M |
| 5 |
American Century Companies
Kansas City,
Missouri
|
-$24.9M |
DBX Hedge Fund Activity: Q1 2023 in Review
422 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q1 2023, worth a combined $4.93B — down 2.1% from $5.04B a quarter earlier.
Sellers outnumbered buyers: 68 funds closed out of DBX and 46 opened new positions — a net loss of 22 holders — while 153 trimmed existing stakes and 141 added.
The largest buyer was UBS Group, adding an estimated $87.8M. The largest seller was UBS AM, cutting an estimated $36.1M.
- 422 institutional investors held Dropbox (DBX) as of Q1 2023, down from 448 in Q4 2022.
- Funds reported $4.93B of Dropbox stock for Q1 2023, down 2.1% quarter-over-quarter.
- 46 funds opened new Dropbox positions in Q1 2023 and 68 closed out, a net change of -22 holders.
- The largest Dropbox buyer in Q1 2023 was UBS Group, an estimated $87.8M added.
- The largest Dropbox seller in Q1 2023 was UBS AM, an estimated $36.1M sold.
Based on aggregated 13F filings for Q1 2023.