Dropbox
300 hedge funds and large institutions have $3.58B invested in Dropbox in 2019 Q3 according to their latest regulatory filings, with 45 funds opening new positions, 111 increasing their positions, 78 reducing their positions, and 77 closing their positions.
42% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 78
1% less call options, than puts
Call options by funds: $84.6M | Put options by funds: $85.5M
3.41% less ownership
Funds ownership: 73.94% → 70.53% (-3.4%)
10% less funds holding
Funds holding: 334 → 300 (-34)
15% less capital invested
Capital invested by funds: $4.2B → $3.58B (-$624M)
17% less funds holding in top 10
Funds holding in top 10: 18 → 15 (-3)
42% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 77
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$141M |
| 2 |
Renaissance Technologies
New York
|
+$104M |
| 3 |
Vanguard Group
Malvern,
Pennsylvania
|
+$78.4M |
| 4 |
SEP
Soma Equity Partners
San Francisco,
California
|
+$58.6M |
| 5 |
VCM
Valiant Capital Management
San Francisco,
California
|
+$39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$65.5M |
| 2 |
Alyeska Investment Group
Chicago,
Illinois
|
-$58.5M |
| 3 |
Holocene Advisors
New York
|
-$45.8M |
| 4 |
Two Sigma Advisers
New York
|
-$43.4M |
| 5 |
PC
Polar Capital
London,
United Kingdom
|
-$43.3M |
DBX Hedge Fund Activity: Q3 2019 in Review
300 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q3 2019, worth a combined $3.58B — down 15% from $4.2B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of DBX and 45 opened new positions — a net loss of 32 holders — while 78 trimmed existing stakes and 111 added.
The largest buyer was Citadel Advisors, adding an estimated $141M. The largest seller was Two Sigma Investments, cutting an estimated $65.5M.
- 300 institutional investors held Dropbox (DBX) as of Q3 2019, down from 334 in Q2 2019.
- Funds reported $3.58B of Dropbox stock for Q3 2019, down 15% quarter-over-quarter.
- 45 funds opened new Dropbox positions in Q3 2019 and 77 closed out, a net change of -32 holders.
- The largest Dropbox buyer in Q3 2019 was Citadel Advisors, an estimated $141M added.
- The largest Dropbox seller in Q3 2019 was Two Sigma Investments, an estimated $65.5M sold.
Based on aggregated 13F filings for Q3 2019.