Dropbox
469 hedge funds and large institutions have $5.79B invested in Dropbox in 2025 Q2 according to their latest regulatory filings, with 72 funds opening new positions, 168 increasing their positions, 167 reducing their positions, and 54 closing their positions.
123% more call options, than puts
Call options by funds: $257M | Put options by funds: $115M
33% more first-time investments, than exits
New positions opened: 72 | Existing positions closed: 54
3% more funds holding
Funds holding: 457 → 469 (+12)
1.15% more ownership
Funds ownership: 97.83% → 98.98% (+1.1%)
1% more repeat investments, than reductions
Existing positions increased: 168 | Existing positions reduced: 167
1% less capital invested
Capital invested by funds: $5.87B → $5.79B (-$83.5M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$50.6M |
| 2 |
Fidelity Investments
Boston,
Massachusetts
|
+$42.9M |
| 3 |
Norges Bank
Oslo,
Norway
|
+$34.1M |
| 4 |
LSV Asset Management
Chicago,
Illinois
|
+$21.9M |
| 5 |
Arrowstreet Capital
Boston,
Massachusetts
|
+$17.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$265M |
| 2 |
Caisse de Depot et Placement du Quebec (CDPQ)
Montreal,
Quebec, Canada
|
-$51.9M |
| 3 |
BlackRock
New York
|
-$50.5M |
| 4 |
VOYA Investment Management
Atlanta,
Georgia
|
-$43.8M |
| 5 |
Voloridge Investment Management
Jupiter,
Florida
|
-$34.5M |
DBX Hedge Fund Activity: Q2 2025 in Review
469 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Dropbox (DBX) for Q2 2025, worth a combined $5.79B — down 1.4% from $5.87B a quarter earlier.
Buyers outnumbered sellers: 72 funds opened new DBX positions and 54 closed out — a net gain of 18 holders — while 168 added to existing stakes and 167 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $50.6M. The largest seller was Ameriprise, cutting an estimated $265M.
- 469 institutional investors held Dropbox (DBX) as of Q2 2025, up from 457 in Q1 2025.
- Funds reported $5.79B of Dropbox stock for Q2 2025, down 1.4% quarter-over-quarter.
- 72 funds opened new Dropbox positions in Q2 2025 and 54 closed out, a net change of +18 holders.
- The largest Dropbox buyer in Q2 2025 was Morgan Stanley, an estimated $50.6M added.
- The largest Dropbox seller in Q2 2025 was Ameriprise, an estimated $265M sold.
Based on aggregated 13F filings for Q2 2025.