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470 hedge funds and large institutions have $5.96B invested in Dropbox in 2025 Q3 according to their latest regulatory filings, with 69 funds opening new positions, 153 increasing their positions, 178 reducing their positions, and 62 closing their positions.

New
Increased
Maintained
Reduced
Closed

302% more call options, than puts

Call options by funds: $311M | Put options by funds: $77.5M

11% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 62

2.91% more ownership

Funds ownership: 98.97%101.89% (+2.9%)

3% more capital invested

Capital invested by funds: $5.79B → $5.96B (+$166M)

0% more funds holding

Funds holding: 468470 (+2)

14% less repeat investments, than reductions

Existing positions increased: 153 | Existing positions reduced: 178

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
470
Holders Change
+2
Holders Change %
+0.43%
% of All Funds
6.17%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
69
Increased
153
Reduced
178
Closed
62
Calls
$311M
Puts
$77.5M
Net Calls
+$234M
Net Calls Change
+$92.2M
Name Holding Trade Value Shares
Change
Change in
Stake
RCAG
201
Rehmann Capital Advisory Group
Michigan
$1.1M +$133K +4,662 +15%
Group One Trading
202
Group One Trading
Illinois
$1.07M +$1.01M +35,352 New
OTL
203
Oak Thistle LLC
New York
$1.06M -$3.32M -116,173 -77%
BHCM
204
Brevan Howard Capital Management
Jersey
$1.06M -$2.47M -86,367 -71%
AIP
205
Ameritas Investment Partners
Nebraska
$1.05M -$97.3K -3,403 -9%
AI
206
Atom Investors
Texas
$1.03M +$727K +25,415 +289%
DFCM
207
Dark Forest Capital Management
Puerto Rico
$1.01M +$952K +33,278 New
SCM
208
Sterling Capital Management
North Carolina
$1M -$42.2K -1,475 -4%
A
209
AlphaQuest
New York
$1M -$70.2K -2,455 -7%
PMAM
210
Picton Mahoney Asset Management
Ontario, Canada
$995K +$347K +12,132 +58%
LCM
211
Landscape Capital Management
New Jersey
$989K +$936K +32,722 New
Wealth Enhancement Advisory Services
212
Wealth Enhancement Advisory Services
Minnesota
$962K -$434K -15,178 -31%
AG
213
Algert Global
California
$956K -$4.81M -168,320 -84%
SG Americas Securities
214
SG Americas Securities
New York
$951K +$542K +18,958 +152%
IC
215
Inscription Capital
Texas
$949K +$395K +13,805 +78%
Wells Fargo
216
Wells Fargo
California
$942K -$1.58M -55,173 -64%
AWA
217
Aaron Wealth Advisors
Illinois
$932K +$509K +17,789 +136%
Daiwa Securities Group
218
Daiwa Securities Group
Japan
$923K +$812K +28,385 +1,312%
DCM
219
DGS Capital Management
New Jersey
$919K +$39.9K +1,394 +5%
Pictet Asset Management
220
Pictet Asset Management
Switzerland
$906K -$26.2K -917 -3%
GC
221
Globeflex Capital
California
$904K
CG
222
Caprock Group
Idaho
$897K +$883K +30,861 New
Osaic Holdings
223
Osaic Holdings
Arizona
$877K -$196K -6,838 -19%
I
224
InceptionR
California
$877K +$548K +19,162 +194%
AC
225
AXQ Capital
New Jersey
$848K +$387K +13,539 +93%

DBX Hedge Fund Activity: Q3 2025 in Review

470 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q3 2025, worth a combined $5.96B — up 2.9% from $5.79B a quarter earlier.

Buyers outnumbered sellers: 69 funds opened new DBX positions and 62 closed out — a net gain of 7 holders — while 153 added to existing stakes and 178 trimmed.

The largest buyer was LSV Asset Management, adding an estimated $91.7M. The largest seller was Ameriprise, cutting an estimated $102M.

  • 470 institutional investors held Dropbox (DBX) as of Q3 2025, up from 468 in Q2 2025.
  • Funds reported $5.96B of Dropbox stock for Q3 2025, up 2.9% quarter-over-quarter.
  • 69 funds opened new Dropbox positions in Q3 2025 and 62 closed out, a net change of +7 holders.
  • The largest Dropbox buyer in Q3 2025 was LSV Asset Management, an estimated $91.7M added.
  • The largest Dropbox seller in Q3 2025 was Ameriprise, an estimated $102M sold.

Based on aggregated 13F filings for Q3 2025.