Dropbox
334 hedge funds and large institutions have $4.2B invested in Dropbox in 2019 Q2 according to their latest regulatory filings, with 115 funds opening new positions, 97 increasing their positions, 69 reducing their positions, and 57 closing their positions.
102% more first-time investments, than exits
New positions opened: 115 | Existing positions closed: 57
43% more capital invested
Capital invested by funds: $2.94B → $4.2B (+$1.26B)
41% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 69
20% more funds holding
Funds holding: 278 → 334 (+56)
10.56% more ownership
Funds ownership: 63.35% → 73.91% (+11%)
4% more call options, than puts
Call options by funds: $124M | Put options by funds: $120M
5% less funds holding in top 10
Funds holding in top 10: 19 → 18 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$135M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$123M |
| 3 |
BlackRock
New York
|
+$112M |
| 4 |
State Street
Boston,
Massachusetts
|
+$86.5M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$58.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AXA
Accel X Associates
Palo Alto,
California
|
-$156M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
-$65.1M |
| 3 |
Millennium Management
New York
|
-$34.9M |
| 4 |
JP Morgan Chase
New York
|
-$23.5M |
| 5 |
SIM
Spark Investment Management
New York
|
-$23.2M |
DBX Hedge Fund Activity: Q2 2019 in Review
334 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q2 2019, worth a combined $4.2B — up 43% from $2.94B a quarter earlier.
Buyers outnumbered sellers: 115 funds opened new DBX positions and 57 closed out — a net gain of 58 holders — while 97 added to existing stakes and 69 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $135M. The largest seller was Accel X Associates, cutting an estimated $156M.
- 334 institutional investors held Dropbox (DBX) as of Q2 2019, up from 278 in Q1 2019.
- Funds reported $4.2B of Dropbox stock for Q2 2019, up 43% quarter-over-quarter.
- 115 funds opened new Dropbox positions in Q2 2019 and 57 closed out, a net change of +58 holders.
- The largest Dropbox buyer in Q2 2019 was Renaissance Technologies, an estimated $135M added.
- The largest Dropbox seller in Q2 2019 was Accel X Associates, an estimated $156M sold.
Based on aggregated 13F filings for Q2 2019.