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334 hedge funds and large institutions have $4.2B invested in Dropbox in 2019 Q2 according to their latest regulatory filings, with 116 funds opening new positions, 96 increasing their positions, 69 reducing their positions, and 57 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 116 | Existing positions closed: 57

43% more capital invested

Capital invested by funds: $2.94B → $4.2B (+$1.26B)

39% more repeat investments, than reductions

Existing positions increased: 96 | Existing positions reduced: 69

21% more funds holding

Funds holding: 277334 (+57)

10.64% more ownership

Funds ownership: 63.3%73.94% (+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: 1918 (-1)

Holders
334
Holders Change
+57
Holders Change %
+20.58%
% of All Funds
7.25%
Holding in Top 10
18
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-5.26%
% of All Funds
0.39%
New
116
Increased
96
Reduced
69
Closed
57
Calls
$124M
Puts
$120M
Net Calls
+$4.82M
Net Calls Change
+$37M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$460M +$112M +4,847,447 +36%
Vanguard Group
2
Vanguard Group
Pennsylvania
$410M +$123M +5,341,378 +48%
Fidelity Investments
3
Fidelity Investments
Massachusetts
$269M -$65.1M -2,815,873 -21%
First Trust Advisors
4
First Trust Advisors
Illinois
$164M +$58.6M +2,535,197 +63%
Renaissance Technologies
5
Renaissance Technologies
New York
$164M +$135M +5,838,601 +836%
AXA
6
Accel X Associates
California
$130M -$156M -6,730,282 -56%
Wells Fargo
7
Wells Fargo
California
$125M +$30.5M +1,319,835 +36%
SI
8
Salesforce Inc
California
$124M
PAMU
9
Pictet Asset Management (UK)
United Kingdom
$107M +$1.72M +74,537 +2%
State Street
10
State Street
Massachusetts
$99.8M +$86.5M +3,742,453 +1,541%
Two Sigma Investments
11
Two Sigma Investments
New York
$85.7M -$11.3M -488,322 -12%
D.E. Shaw & Co
12
D.E. Shaw & Co
New York
$84.4M +$46.8M +2,026,973 +151%
Two Sigma Advisers
13
Two Sigma Advisers
New York
$81.8M +$2.64M +114,100 +4%
T. Rowe Price Associates
14
T. Rowe Price Associates
Maryland
$72.8M +$9.92M +429,504 +17%
Victory Capital Management
15
Victory Capital Management
Texas
$67.9M +$16.9M +729,900 +37%
IVMX
16
Institutional Venture Management XIII
California
$67.3M -$20.7M -896,026 -25%
HLC
17
Hunt Lane Capital
New York
$62.6M -$20.2M -875,000 -26%
IVGAI
18
Index Venture Growth Associates II
Jersey
$59.2M
SCA
19
Southpoint Capital Advisors
New York
$58.9M +$54.3M +2,350,000 New
Alyeska Investment Group
20
Alyeska Investment Group
Illinois
$58.5M +$53.9M +2,333,421 New
Holocene Advisors
21
Holocene Advisors
New York
$57.5M +$53M +2,294,952 New
SEP
22
Soma Equity Partners
California
$56.4M +$52M +2,250,000 New
Geode Capital Management
23
Geode Capital Management
Massachusetts
$49.3M +$27M +1,168,931 +146%
PP
24
Prudential plc
United Kingdom
$47.8M +$44.1M +1,909,500 New
IVGAI
25
Index Venture Growth Associates I
Jersey
$47.7M

DBX Hedge Fund Activity: Q2 2019 in Review

334 of the 4,604 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: 116 funds opened new DBX positions and 57 closed out — a net gain of 59 holders — while 96 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 277 in Q1 2019.
  • Funds reported $4.2B of Dropbox stock for Q2 2019, up 43% quarter-over-quarter.
  • 116 funds opened new Dropbox positions in Q2 2019 and 57 closed out, a net change of +59 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.