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
Wealth Enhancement Advisory Services
201
Wealth Enhancement Advisory Services
Minnesota
$1.08M
KIM
202
Kestra Investment Management
Texas
$1.07M
HIM
203
Hillsdale Investment Management
Ontario, Canada
$1.07M
NMERB
204
New Mexico Educational Retirement Board
New Mexico
$1.06M
QCM
205
Qsemble Capital Management
New York
$1.01M
AWA
206
Aaron Wealth Advisors
Illinois
$1M
SA
207
Strategic Advocates
Utah
$995K
AC
208
AXQ Capital
New Jersey
$992K
OPERF
209
Oregon Public Employees Retirement Fund
Oregon
$964K
DCM
210
DGS Capital Management
New Jersey
$955K
Wells Fargo
211
Wells Fargo
California
$944K
SDIC
212
South Dakota Investment Council
South Dakota
$940K
SC
213
Syon Capital
California
$931K
IC
214
Inscription Capital
Texas
$925K
BBVA
215
Banco Bilbao Vizcaya Argentaria
Spain
$920K
Daiwa Securities Group
216
Daiwa Securities Group
Japan
$896K
AIP
217
Ameritas Investment Partners
Nebraska
$889K
RCAG
218
Rehmann Capital Advisory Group
Michigan
$887K
LCM
219
Landscape Capital Management
New Jersey
$840K
Cetera Investment Advisers
220
Cetera Investment Advisers
Illinois
$838K
GC
221
Globeflex Capital
California
$833K
HI
222
Horizon Investments
North Carolina
$797K
MFS
223
Mirabella Financial Services
United Kingdom
$786K
PCM
224
Penserra Capital Management
California
$760K
PMAM
225
Picton Mahoney Asset Management
Ontario, Canada
$757K