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
HSBC Holdings
151
HSBC Holdings
United Kingdom
$1.99M
Qube Research & Technologies (QRT)
152
Qube Research & Technologies (QRT)
United Kingdom
$1.93M
Ensign Peak Advisors
153
Ensign Peak Advisors
Utah
$1.93M
Focus Partners Wealth
154
Focus Partners Wealth
Massachusetts
$1.89M
STA
155
Summit Trail Advisors
New York
$1.88M
Creative Planning
156
Creative Planning
Kansas
$1.85M
MAM
157
Martingale Asset Management
Massachusetts
$1.81M
SC
158
SummitTX Capital
Texas
$1.79M
TRSOTSOK
159
Teachers Retirement System of the State of Kentucky
Kentucky
$1.72M
A
160
AlphaQuest
New York
$1.65M
State of Wisconsin Investment Board
161
State of Wisconsin Investment Board
Wisconsin
$1.64M
Susquehanna International Group
162
Susquehanna International Group
Pennsylvania
$1.61M
Bank of Nova Scotia
163
Bank of Nova Scotia
Ontario, Canada
$1.59M
JAM
164
Jupiter Asset Management
United Kingdom
$1.59M
CCIA
165
Campbell & Co Investment Adviser
Maryland
$1.59M
Handelsbanken Fonder
166
Handelsbanken Fonder
Sweden
$1.58M
Mercer Global Advisors
167
Mercer Global Advisors
Colorado
$1.58M
CastleKeep Investment Advisors
168
CastleKeep Investment Advisors
Connecticut
$1.58M
BCI
169
Brinker Capital Investments
Pennsylvania
$1.54M
CCMG
170
Clark Capital Management Group
Pennsylvania
$1.54M
ICM
171
Intrepid Capital Management
Florida
$1.53M
SCM
172
Sterling Capital Management
North Carolina
$1.52M
CIP
173
Convergence Investment Partners
Florida
$1.49M
OTL
174
Oak Thistle LLC
New York
$1.45M
OQS
175
Occudo Quantitative Strategies
Florida
$1.44M