Dropbox
446 hedge funds and large institutions have $6.49B invested in Dropbox in 2023 Q2 according to their latest regulatory filings, with 80 funds opening new positions, 127 increasing their positions, 168 reducing their positions, and 53 closing their positions.
51% more first-time investments, than exits
New positions opened: 80 | Existing positions closed: 53
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
32% more capital invested
Capital invested by funds: $4.93B → $6.49B (+$1.56B)
14% more call options, than puts
Call options by funds: $108M | Put options by funds: $94.7M
8.81% more ownership
Funds ownership: 82.41% → 91.22% (+8.8%)
6% more funds holding
Funds holding: 422 → 446 (+24)
24% less repeat investments, than reductions
Existing positions increased: 127 | Existing positions reduced: 168
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$368M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$85.3M |
| 3 |
State Street
Boston,
Massachusetts
|
+$78.5M |
| 4 |
JP Morgan Chase
New York
|
+$32.6M |
| 5 |
Bank of New York Mellon
New York
|
+$28.9M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$87.6M |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$53.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$40.1M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
-$39.1M |
| 5 |
Two Sigma Advisers
New York
|
-$33.4M |
DBX Hedge Fund Activity: Q2 2023 in Review
446 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q2 2023, worth a combined $6.49B — up 32% from $4.93B a quarter earlier.
Buyers outnumbered sellers: 80 funds opened new DBX positions and 53 closed out — a net gain of 27 holders — while 127 added to existing stakes and 168 trimmed.
The largest buyer was BlackRock, adding an estimated $368M. The largest seller was UBS Group, cutting an estimated $87.6M.
- 446 institutional investors held Dropbox (DBX) as of Q2 2023, up from 422 in Q1 2023.
- Funds reported $6.49B of Dropbox stock for Q2 2023, up 32% quarter-over-quarter.
- 80 funds opened new Dropbox positions in Q2 2023 and 53 closed out, a net change of +27 holders.
- The largest Dropbox buyer in Q2 2023 was BlackRock, an estimated $368M added.
- The largest Dropbox seller in Q2 2023 was UBS Group, an estimated $87.6M sold.
Based on aggregated 13F filings for Q2 2023.