Who owns Dropbox (DBX)
Which tracked institutional funds hold DBX, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DBX company fundamentals →
Ownership as of the 2026-Q1 13F filings (latest filed 2026-05-18). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on DBX is one-sided between 2026-Q1 and 2026-Q2: 13 added or opened and 209 trimmed or exited — on balance reducing.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DBX’s largest tracked holder by dollar value, VANGUARD GROUP INC, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes DBX more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DBX divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 421 tracked filers holding DBX, 195 increased or opened the position and 272 reduced or closed it; over the same quarter, open-market insider Form 4 buying and selling roughly offset.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DBX between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 2
- Bridgewater Associates, LP$3M
- Schonfeld Strategic Advisors LLC$2M
Full exits 205
- VANGUARD PORTFOLIO MANAGEMENT LLC$278M
- LSV ASSET MANAGEMENT$265M
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP$194M
- VANGUARD CAPITAL MANAGEMENT LLC$159M
- MORGAN STANLEY$142M
- ACADIAN ASSET MANAGEMENT LLC$129M
Largest adds
- BlackRock, Inc.$254M
- RENAISSANCE TECHNOLOGIES LLC$23M
- STATE STREET CORP$16M
- NORGES BANK$16M
- FMR LLC$11M
- TWO SIGMA INVESTMENTS, LP$10M
Largest trims
- MILLENNIUM MANAGEMENT LLC$29M
- MARSHALL WACE, LLP$7M
- Brevan Howard Capital Management LP$895K
- TUDOR INVESTMENT CORP ET AL$835K
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BlackRock, Inc. added | 18,450,111 | $507M | 10.3% | 2026-Q2 |
| VANGUARD PORTFOLIO MANAGEMENT LLC new | 12,229,462 | $278M | 5.6% | 2026-Q1 |
| LSV ASSET MANAGEMENT trimmed | 11,682,581 | $265M | 5.4% | 2026-Q1 |
| RENAISSANCE TECHNOLOGIES LLC trimmed | 7,213,667 | $198M | 4.0% | 2026-Q2 |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added | 8,533,736 | $194M | 3.9% | 2026-Q1 |
| VANGUARD CAPITAL MANAGEMENT LLC new | 7,001,208 | $159M | 3.2% | 2026-Q1 |
| STATE STREET CORP trimmed | 5,344,133 | $147M | 3.0% | 2026-Q2 |
| MORGAN STANLEY trimmed | 6,252,381 | $142M | 2.9% | 2026-Q1 |
| ACADIAN ASSET MANAGEMENT LLC trimmed | 5,690,985 | $129M | 2.6% | 2026-Q1 |
| JACOBS LEVY EQUITY MANAGEMENT, INC trimmed | 4,803,221 | $109M | 2.2% | 2026-Q1 |
| TWO SIGMA INVESTMENTS, LP trimmed | 3,955,667 | $109M | 2.2% | 2026-Q2 |
| GEODE CAPITAL MANAGEMENT, LLC added | 4,535,475 | $103M | 2.1% | 2026-Q1 |
| Allianz Asset Management GmbH added | 3,647,658 | $83M | 1.7% | 2026-Q1 |
| UBS Group AG added | 3,239,632 | $74M | 1.5% | 2026-Q1 |
| Robeco Institutional Asset Management B.V. added | 3,115,030 | $71M | 1.4% | 2026-Q1 |
| DIMENSIONAL FUND ADVISORS LP trimmed | 2,761,885 | $63M | 1.3% | 2026-Q1 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC added | 2,480,329 | $56M | 1.1% | 2026-Q1 |
| WEDGE CAPITAL MANAGEMENT L L P/NC added | 2,378,062 | $54M | 1.1% | 2026-Q1 |
| NORTHERN TRUST CORP added | 2,297,658 | $52M | 1.1% | 2026-Q1 |
| Russell Investments Group, Ltd. added | 2,246,575 | $51M | 1.0% | 2026-Q1 |
| D. E. Shaw & Co., Inc. trimmed | 1,769,838 | $49M | 1.0% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC added | 2,125,891 | $48M | 1.0% | 2026-Q1 |
| AQR CAPITAL MANAGEMENT LLC trimmed | 1,729,397 | $47M | 1.0% | 2026-Q2 |
| FRANKLIN RESOURCES INC added | 1,888,241 | $43M | 0.9% | 2026-Q1 |
| DekaBank Deutsche Girozentrale | 1,780,763 | $41M | 0.8% | 2026-Q1 |
| FIRST TRUST ADVISORS LP trimmed | 1,786,109 | $41M | 0.8% | 2026-Q1 |
| BARCLAYS PLC trimmed | 1,684,806 | $38M | 0.8% | 2026-Q1 |
| SEIZERT CAPITAL PARTNERS, LLC trimmed | 1,556,286 | $35M | 0.7% | 2026-Q1 |
| Quantinno Capital Management LP trimmed | 1,493,515 | $34M | 0.7% | 2026-Q1 |
| Bank of New York Mellon Corp trimmed | 1,409,534 | $32M | 0.6% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 1,407,986 | $32M | 0.6% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC trimmed | 1,396,174 | $32M | 0.6% | 2026-Q1 |
| NORGES BANK added | 1,145,662 | $31M | 0.6% | 2026-Q2 |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed | 1,256,040 | $29M | 0.6% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 1,004,539 | $28M | 0.6% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 1,208,292 | $27M | 0.6% | 2026-Q1 |
| FMR LLC added | 989,860 | $27M | 0.6% | 2026-Q2 |
| SEI INVESTMENTS CO added | 1,191,494 | $27M | 0.5% | 2026-Q1 |
| Mitsubishi UFJ Trust & Banking Corp added | 1,182,055 | $27M | 0.5% | 2026-Q1 |
| Gotham Asset Management, LLC trimmed | 1,177,189 | $27M | 0.5% | 2026-Q1 |
| Man Group plc trimmed | 1,166,705 | $27M | 0.5% | 2026-Q1 |
| VANGUARD FIDUCIARY TRUST CO new | 1,068,863 | $24M | 0.5% | 2026-Q1 |
| KBC Group NV added | 944,829 | $21M | 0.4% | 2026-Q1 |
| Retirement Systems of Alabama added | 853,302 | $19M | 0.4% | 2026-Q1 |
| CANADA PENSION PLAN INVESTMENT BOARD added | 830,600 | $19M | 0.4% | 2026-Q1 |
| BANK OF AMERICA CORP /DE/ added | 741,497 | $17M | 0.3% | 2026-Q1 |
| KLP KAPITALFORVALTNING AS added | 696,300 | $16M | 0.3% | 2026-Q1 |
| CITIGROUP INC trimmed | 686,357 | $16M | 0.3% | 2026-Q1 |
| Invesco Ltd. added | 547,989 | $15M | 0.3% | 2026-Q2 |
| Squarepoint Ops LLC added | 626,353 | $14M | 0.3% | 2026-Q1 |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed | 593,678 | $13M | 0.3% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 507,151 | $12M | 0.2% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 485,940 | $11M | 0.2% | 2026-Q1 |
| RHUMBLINE ADVISERS trimmed | 483,086 | $11M | 0.2% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 461,953 | $10M | 0.2% | 2026-Q1 |
| California Public Employees Retirement System trimmed | 450,951 | $10M | 0.2% | 2026-Q1 |
| Treasurer of the State of North Carolina added | 447,262 | $10M | 0.2% | 2026-Q1 |
| Distillate Capital Partners LLC added | 436,267 | $10M | 0.2% | 2026-Q1 |
| DEUTSCHE BANK AG\ trimmed | 399,518 | $9M | 0.2% | 2026-Q1 |
| PRINCIPAL FINANCIAL GROUP INC added | 390,386 | $9M | 0.2% | 2026-Q1 |
| CAPITAL FUND MANAGEMENT S.A. added | 376,427 | $9M | 0.2% | 2026-Q1 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed | 365,574 | $8M | 0.2% | 2026-Q1 |
| Swiss National Bank trimmed | 345,300 | $8M | 0.2% | 2026-Q1 |
| Universal- Beteiligungs- und Servicegesellschaft mbH trimmed | 342,491 | $8M | 0.2% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 317,366 | $7M | 0.1% | 2026-Q1 |
| Crossmark Global Holdings, Inc. added | 307,999 | $7M | 0.1% | 2026-Q1 |
| Nuveen, LLC trimmed | 303,838 | $7M | 0.1% | 2026-Q1 |
| FIFTH THIRD BANCORP added | 299,989 | $7M | 0.1% | 2026-Q1 |
| Illinois Municipal Retirement Fund added | 289,178 | $7M | 0.1% | 2026-Q1 |
| UniSuper Management Pty Ltd | 275,754 | $6M | 0.1% | 2026-Q1 |
| NOMURA HOLDINGS INC added | 274,578 | $6M | 0.1% | 2026-Q1 |
| Trexquant Investment LP added | 273,081 | $6M | 0.1% | 2026-Q1 |
| Vestcor Inc added | 269,486 | $6M | 0.1% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. trimmed | 218,143 | $6M | 0.1% | 2026-Q1 |
| MARTINGALE ASSET MANAGEMENT L P added | 256,865 | $6M | 0.1% | 2026-Q1 |
| Legal & General Group Plc trimmed | 250,047 | $6M | 0.1% | 2026-Q1 |
| BI Asset Management Fondsmaeglerselskab A/S added | 229,812 | $5M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL trimmed | 184,865 | $5M | 0.1% | 2026-Q2 |
| LANDSCAPE CAPITAL MANAGEMENT, L.L.C. added | 220,510 | $5M | 0.1% | 2026-Q1 |
| VANGUARD GROUP INC trimmed | 22,562,154 | $627M | 12.7% | 2025-Q4 stale |
| Pacer Advisors, Inc. trimmed | 1,992,045 | $55M | 1.1% | 2025-Q4 stale |
| TWO SIGMA ADVISERS, LP added | 1,669,300 | $46M | 0.9% | 2025-Q4 stale |
| VIRGINIA RETIREMENT SYSTEMS ET Al trimmed | 1,351,550 | $38M | 0.8% | 2025-Q4 stale |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC trimmed | 1,290,958 | $34M | 0.7% | 2025-Q1 stale |
| Arbejdsmarkedets Tillaegspension new | 793,176 | $22M | 0.4% | 2025-Q4 stale |
| Glenmede Investment Management, LP added | 697,657 | $21M | 0.4% | 2025-Q3 stale |
| Caisse de depot et placement du Quebec trimmed | 650,684 | $19M | 0.4% | 2025-Q2 stale |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added | 570,905 | $16M | 0.3% | 2025-Q4 stale |
| HRT FINANCIAL LP added | 571,459 | $15M | 0.3% | 2025-Q1 stale |
| AXA Investment Managers S.A. new | 373,108 | $11M | 0.2% | 2025-Q3 stale |
| SCHRODER INVESTMENT MANAGEMENT GROUP trimmed | 389,925 | $11M | 0.2% | 2025-Q4 stale |
| Twin Tree Management, LP new | 399,641 | $11M | 0.2% | 2025-Q1 stale |
| AXA S.A. trimmed | 315,476 | $9M | 0.2% | 2025-Q2 stale |
| COMERICA BANK added | 291,565 | $8M | 0.2% | 2025-Q4 stale |
| PANAGORA ASSET MANAGEMENT INC added | 271,564 | $8M | 0.2% | 2025-Q2 stale |
| Corebridge Financial, Inc. trimmed | 239,857 | $6M | 0.1% | 2025-Q1 stale |
| CEERA INVESTMENTS, LLC trimmed | 213,934 | $6M | 0.1% | 2025-Q2 stale |
| BALYASNY ASSET MANAGEMENT L.P. new | 200,000 | $6M | 0.1% | 2025-Q3 stale |
| MERITAGE PORTFOLIO MANAGEMENT trimmed | 217,336 | $6M | 0.1% | 2025-Q4 stale |
| Skandinaviska Enskilda Banken AB (publ) trimmed | 185,500 | $5M | 0.1% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.