Dropbox
458 hedge funds and large institutions have $7.12B invested in Dropbox in 2021 Q3 according to their latest regulatory filings, with 60 funds opening new positions, 151 increasing their positions, 152 reducing their positions, and 47 closing their positions.
28% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 47
14% more call options, than puts
Call options by funds: $228M | Put options by funds: $200M
2% more funds holding
Funds holding: 450 → 458 (+8)
1% less repeat investments, than reductions
Existing positions increased: 151 | Existing positions reduced: 152
6.8% less ownership
Funds ownership: 84.01% → 77.21% (-6.8%)
12% less capital invested
Capital invested by funds: $8.1B → $7.12B (-$981M)
67% less funds holding in top 10
Funds holding in top 10: 9 → 3 (-6)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BG
Baupost Group
Boston,
Massachusetts
|
+$288M |
| 2 |
UBS AM
Chicago,
Illinois
|
+$76.2M |
| 3 |
Renaissance Technologies
New York
|
+$47.5M |
| 4 |
Skandinaviska Enskilda Banken (SEB)
Stockholm,
Sweden
|
+$40.4M |
| 5 |
Acadian Asset Management
Boston,
Massachusetts
|
+$30M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$273M |
| 2 |
Canada Pension Plan Investment Board
Toronto Ontario,
Ontario, Canada
|
-$203M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$179M |
| 4 |
EIM
Elliott Investment Management
West Palm Beach,
Florida
|
-$90.9M |
| 5 |
RP
Regal Partners
Sydney, NSW,
Australia
|
-$84.4M |
DBX Hedge Fund Activity: Q3 2021 in Review
458 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q3 2021, worth a combined $7.12B — down 12% from $8.1B a quarter earlier.
Buyers outnumbered sellers: 60 funds opened new DBX positions and 47 closed out — a net gain of 13 holders — while 151 added to existing stakes and 152 trimmed.
The largest buyer was Baupost Group, opening a new position worth an estimated $288M. The largest seller was Credit Suisse, cutting an estimated $273M.
- 458 institutional investors held Dropbox (DBX) as of Q3 2021, up from 450 in Q2 2021.
- Funds reported $7.12B of Dropbox stock for Q3 2021, down 12% quarter-over-quarter.
- 60 funds opened new Dropbox positions in Q3 2021 and 47 closed out, a net change of +13 holders.
- The largest Dropbox buyer in Q3 2021 was Baupost Group, an estimated $288M added.
- The largest Dropbox seller in Q3 2021 was Credit Suisse, an estimated $273M sold.
Based on aggregated 13F filings for Q3 2021.