Cliff Asness's DBX Position Overview
Cliff Asness (via Aqr Capital Management LLC) currently holds 1.97 M shares of Dropbox, Inc. (DBX) worth $59.49 M, representing 0.04% of the portfolio. First purchased in 2019-Q2, this long-term strategic position has been held for 26 quarters.
Based on 13F filings, Cliff Asness has maintained a strategic position in DBX, demonstrating sustained confidence in this investment. Largest addition occurred in Q3 2019, adding 1.54 M shares. Largest reduction occurred in Q3 2023, reducing 891,147 shares.
Analysis based on 13F filings available since 2013 Q2
Cliff Asness's Dropbox (DBX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Dropbox (DBX) Trades by Cliff Asness
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q2 2019 | +805,792 | New Buy | 805,792 | $25.05 |
| Q3 2019 | +1.54 M | Add 191.20% | 2.35 M | $20.17 |
| Q4 2019 | +211,458 | Add 9.01% | 2.56 M | $17.66 |
| Q1 2020 | -656,324 | Reduce 25.66% | 1.9 M | $18.10 |
| Q2 2020 | -220,683 | Reduce 11.61% | 1.68 M | $21.48 |
| Q3 2020 | -732,161 | Reduce 43.56% | 948,756 | $19.26 |
| Q4 2020 | -621,817 | Reduce 65.54% | 326,939 | $22.19 |
| Q1 2021 | +134,098 | Add 41.02% | 461,037 | $26.50 |
| Q2 2021 | -63,604 | Reduce 13.80% | 397,433 | $30.31 |
| Q3 2021 | -11,098 | Reduce 2.79% | 386,335 | $29.22 |
| Q4 2021 | +278,344 | Add 72.05% | 664,679 | $24.54 |
| Q1 2022 | +607,136 | Add 91.34% | 1.27 M | $23.25 |
| Q2 2022 | +82,011 | Add 6.45% | 1.35 M | $20.74 |
| Q3 2022 | -295,072 | Reduce 21.80% | 1.06 M | $20.72 |
| Q4 2022 | +205,306 | Add 19.39% | 1.26 M | $22.13 |
| Q1 2023 | +1.29 M | Add 102.27% | 2.56 M | $21.21 |
| Q2 2023 | +352,131 | Add 13.77% | 2.91 M | $26.67 |
| Q3 2023 | -891,147 | Reduce 30.63% | 2.02 M | $27.23 |
| Q4 2023 | -145,560 | Reduce 7.21% | 1.87 M | $29.48 |
| Q1 2024 | +290,484 | Add 15.52% | 2.16 M | $24.30 |
| Q2 2024 | +859,233 | Add 39.73% | 3.02 M | $22.29 |
| Q3 2024 | +213,003 | Add 7.05% | 3.23 M | $25.26 |
| Q4 2024 | +97,551 | Add 3.02% | 3.33 M | $29.96 |
| Q1 2025 | -542,663 | Reduce 16.28% | 2.79 M | $26.07 |
| Q2 2025 | -523,067 | Reduce 18.75% | 2.27 M | $28.35 |
| Q3 2025 | -297,600 | Reduce 13.13% | 1.97 M | $30.21 |
Cliff Asness's Dropbox Investment FAQs
Cliff Asness first purchased Dropbox, Inc. (DBX) in Q2 2019, acquiring 805,792 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Cliff Asness has held Dropbox, Inc. (DBX) for 26 quarters since Q2 2019.
Cliff Asness's largest addition to Dropbox, Inc. (DBX) was in Q3 2019, adding 2,346,466 shares worth $47.33 M.
According to the latest 13F filing for Q3 2025, Cliff Asness's firm, Aqr Capital Management LLC, owns 1,969,186 shares of Dropbox, Inc. (DBX), valued at approximately $59.49 M.
As of the Q3 2025 filing, Dropbox, Inc. (DBX) represents approximately 0.04% of Cliff Asness's publicly disclosed stock portfolio, making it one of their key holdings.
Cliff Asness's peak holding in Dropbox, Inc. (DBX) was 3,332,516 shares, as reported at the end of Q4 2024.