Founded in 2007, Dropbox, Inc. (NASDAQ:DBX) is a San Francisco, California-based file hosting service provider with an $8.8 billion market capitalization. Dropbox, Inc. (NASDAQ:DBX) delivered a -2.16% return since the beginning of the year, while its 12-month returns are down by -22.50%. The stock closed at $24.01 per share on August 17, 2022. Here is what Mayar Capital has to say about Dropbox, Inc. (NASDAQ:DBX) in its Q2 2022 investor letter: "Our technology businesses enjoyed a strong year of operating performance from Dropbox ( NASDAQ:DBX ). Dropbox, one of our newer holdings, continues to progress as expected. Paying users grew by 30% with the acquisition of DocSend adding value to the customer value proposition." Our calculations show that Dropbox, Inc. (NASDAQ:DBX) fell short and didn't make it on our list of the 30 Most Popular Stocks Among Hedge Funds. Dropbox, Inc. (NASDAQ:DBX) was in 44 hedge fund portfolios at the end of the second quarter of 2022, compared to 44 funds in the previous quarter.