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Institutional Ownership · SEC Form 13F

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-Q2 13F filings (latest filed 2026-09-22). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.

426
Institutional holders
170M
Shares held (tracked funds)

How the tape is positioned

139 tracked funds added or opened DBX while 71 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.

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 2026-Q1 and 2026-Q2, across 421 tracked filers holding DBX, 215 increased or opened the position and 243 reduced or closed it; over the same quarter, open-market insider Form 4s were net sales.

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 22

  • OFI INVEST ASSET MANAGEMENT$7M
  • Jain Global LLC$6M
  • PANAGORA ASSET MANAGEMENT INC$5M
  • WINTON GROUP Ltd$4M
  • PFA Pension, Forsikringsaktieselskab$4M
  • ALGERT GLOBAL LLC$4M

Full exits 40

  • LSV ASSET MANAGEMENT$265M
  • ACADIAN ASSET MANAGEMENT LLC$129M
  • Pacer Advisors, Inc.$47M
  • DekaBank Deutsche Girozentrale$41M
  • SEIZERT CAPITAL PARTNERS, LLC$35M
  • KBC Group NV$21M

Largest adds

  • BlackRock, Inc.$254M
  • ROYAL BANK OF CANADA$102M
  • GOLDMAN SACHS GROUP INC$52M
  • Gotham Asset Management, LLC$35M
  • MACKENZIE FINANCIAL CORP$31M
  • WEDGE CAPITAL MANAGEMENT L L P/NC$29M

Largest trims

  • MILLENNIUM MANAGEMENT LLC$29M
  • Man Group plc$14M
  • VICTORY CAPITAL MANAGEMENT INC$13M
  • Squarepoint Ops LLC$8M
  • MARSHALL WACE, LLP$7M
  • SEI INVESTMENTS CO$7M

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).

FundSharesReported value% of valueQuarter
BlackRock, Inc. added18,450,111$507M9.4%2026-Q2
VANGUARD PORTFOLIO MANAGEMENT LLC trimmed10,582,149$291M5.4%2026-Q2
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP trimmed7,840,023$215M4.0%2026-Q2
RENAISSANCE TECHNOLOGIES LLC trimmed7,213,667$198M3.7%2026-Q2
VANGUARD CAPITAL MANAGEMENT LLC trimmed6,541,220$180M3.3%2026-Q2
MORGAN STANLEY trimmed5,518,521$152M2.8%2026-Q2
STATE STREET CORP trimmed5,344,133$147M2.7%2026-Q2
GEODE CAPITAL MANAGEMENT, LLC added4,679,914$129M2.4%2026-Q2
JACOBS LEVY EQUITY MANAGEMENT, INC trimmed4,356,717$120M2.2%2026-Q2
ROYAL BANK OF CANADA added4,089,121$112M2.1%2026-Q2
TWO SIGMA INVESTMENTS, LP trimmed3,955,667$109M2.0%2026-Q2
GOLDMAN SACHS GROUP INC added3,663,183$101M1.9%2026-Q2
Allianz Asset Management GmbH trimmed3,562,257$96M1.8%2026-Q2
Robeco Institutional Asset Management B.V. added3,144,127$86M1.6%2026-Q2
UBS Group AG trimmed3,096,895$85M1.6%2026-Q2
WEDGE CAPITAL MANAGEMENT L L P/NC added3,005,173$83M1.5%2026-Q2
DIMENSIONAL FUND ADVISORS LP added2,806,149$77M1.4%2026-Q2
BARCLAYS PLC added2,327,240$64M1.2%2026-Q2
CHARLES SCHWAB INVESTMENT MANAGEMENT INC trimmed2,274,622$62M1.2%2026-Q2
Gotham Asset Management, LLC added2,238,153$61M1.1%2026-Q2
Russell Investments Group, Ltd. trimmed2,137,460$59M1.1%2026-Q2
NORTHERN TRUST CORP trimmed2,122,642$58M1.1%2026-Q2
Quantinno Capital Management LP added2,078,068$57M1.1%2026-Q2
FIRST TRUST ADVISORS LP added1,907,444$52M1.0%2026-Q2
JPMORGAN CHASE & CO added1,855,162$51M0.9%2026-Q2
D. E. Shaw & Co., Inc. trimmed1,769,838$49M0.9%2026-Q2
AQR CAPITAL MANAGEMENT LLC trimmed1,729,397$47M0.9%2026-Q2
MACKENZIE FINANCIAL CORP added1,553,839$43M0.8%2026-Q2
AMERIPRISE FINANCIAL INC added1,504,152$41M0.8%2026-Q2
FRANKLIN RESOURCES INC trimmed1,329,167$37M0.7%2026-Q2
JANE STREET GROUP, LLC added1,174,188$32M0.6%2026-Q2
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ trimmed1,169,905$32M0.6%2026-Q2
Mitsubishi UFJ Trust & Banking Corp trimmed1,158,978$32M0.6%2026-Q2
NORGES BANK added1,145,662$31M0.6%2026-Q2
MILLENNIUM MANAGEMENT LLC trimmed1,004,539$28M0.5%2026-Q2
FMR LLC added989,860$27M0.5%2026-Q2
JUPITER ASSET MANAGEMENT LTD added949,716$26M0.5%2026-Q2
VANGUARD FIDUCIARY TRUST CO trimmed939,620$26M0.5%2026-Q2
Retirement Systems of Alabama trimmed794,374$22M0.4%2026-Q2
CANADA PENSION PLAN INVESTMENT BOARD trimmed785,800$22M0.4%2026-Q2
DEUTSCHE BANK AG\ added784,338$22M0.4%2026-Q2
CITIGROUP INC added747,914$21M0.4%2026-Q2
SEI INVESTMENTS CO trimmed732,483$20M0.4%2026-Q2
KLP KAPITALFORVALTNING AS added709,900$20M0.4%2026-Q2
BANK OF AMERICA CORP /DE/ trimmed659,664$18M0.3%2026-Q2
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC trimmed555,396$15M0.3%2026-Q2
Invesco Ltd. added547,989$15M0.3%2026-Q2
VICTORY CAPITAL MANAGEMENT INC trimmed543,245$15M0.3%2026-Q2
Man Group plc trimmed463,399$13M0.2%2026-Q2
Distillate Capital Partners LLC added459,965$13M0.2%2026-Q2
Nuveen, LLC added418,475$11M0.2%2026-Q2
RHUMBLINE ADVISERS trimmed401,029$11M0.2%2026-Q2
California Public Employees Retirement System trimmed358,014$10M0.2%2026-Q2
PRINCIPAL FINANCIAL GROUP INC trimmed340,179$9M0.2%2026-Q2
Universal- Beteiligungs- und Servicegesellschaft mbH trimmed336,322$9M0.2%2026-Q2
Swiss National Bank trimmed319,400$9M0.2%2026-Q2
Illinois Municipal Retirement Fund added314,307$9M0.2%2026-Q2
Crossmark Global Holdings, Inc. added308,099$8M0.2%2026-Q2
FIFTH THIRD BANCORP added305,514$8M0.2%2026-Q2
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. trimmed303,857$8M0.2%2026-Q2
Edgestream Partners, L.P. added274,727$8M0.1%2026-Q2
UniSuper Management Pty Ltd trimmed271,786$7M0.1%2026-Q2
OFI INVEST ASSET MANAGEMENT added8,200,000$7M0.1%2026-Q2
DANSKE BANK A/S added263,501$7M0.1%2026-Q2
Corient Private Wealth LP added242,018$7M0.1%2026-Q2
SUSQUEHANNA INTERNATIONAL GROUP, LLP added232,404$6M0.1%2026-Q2
Jain Global LLC new232,402$6M0.1%2026-Q2
Squarepoint Ops LLC trimmed227,025$6M0.1%2026-Q2
WORLDQUANT MILLENNIUM ADVISORS LLC added222,079$6M0.1%2026-Q2
Legal & General Group Plc trimmed218,360$6M0.1%2026-Q2
Livforsakringsbolaget Skandia, Omsesidigt202,800$6M0.1%2026-Q2
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM trimmed200,387$6M0.1%2026-Q2
Convergence Investment Partners, LLC added199,056$5M0.1%2026-Q2
IEQ CAPITAL, LLC added191,840$5M0.1%2026-Q2
ZACKS INVESTMENT MANAGEMENT added190,019$5M0.1%2026-Q2
GLENMEDE TRUST CO NA trimmed189,503$5M0.1%2026-Q2
VANGUARD GROUP INC trimmed22,562,154$627M11.6%2025-Q4 stale (2 quarters behind)
LSV ASSET MANAGEMENT trimmed11,682,581$265M4.9%2026-Q1 stale (1 quarter behind)
ACADIAN ASSET MANAGEMENT LLC trimmed5,690,985$129M2.4%2026-Q1 stale (1 quarter behind)
Pacer Advisors, Inc. added2,050,394$47M0.9%2026-Q1 stale (1 quarter behind)
TWO SIGMA ADVISERS, LP added1,669,300$46M0.9%2025-Q4 stale (2 quarters behind)
DekaBank Deutsche Girozentrale1,780,763$41M0.8%2026-Q1 stale (1 quarter behind)
SEIZERT CAPITAL PARTNERS, LLC trimmed1,556,286$35M0.7%2026-Q1 stale (1 quarter behind)
Arbejdsmarkedets Tillaegspension new793,176$22M0.4%2025-Q4 stale (2 quarters behind)
KBC Group NV added944,829$21M0.4%2026-Q1 stale (1 quarter behind)
Glenmede Investment Management, LP added697,657$21M0.4%2025-Q3 stale (3 quarters behind)
Caisse de depot et placement du Quebec trimmed650,684$19M0.3%2025-Q2 stale (4 quarters behind)
SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC added570,905$16M0.3%2025-Q4 stale (2 quarters behind)
AXA Investment Managers S.A. new373,108$11M0.2%2025-Q3 stale (3 quarters behind)
SCHRODER INVESTMENT MANAGEMENT GROUP trimmed389,925$11M0.2%2025-Q4 stale (2 quarters behind)
Treasurer of the State of North Carolina added447,262$10M0.2%2026-Q1 stale (1 quarter behind)
AXA S.A. trimmed315,476$9M0.2%2025-Q2 stale (4 quarters behind)
COMERICA BANK added291,565$8M0.2%2025-Q4 stale (2 quarters behind)
Trexquant Investment LP added273,081$6M0.1%2026-Q1 stale (1 quarter behind)
Vestcor Inc added269,486$6M0.1%2026-Q1 stale (1 quarter behind)
CEERA INVESTMENTS, LLC trimmed213,934$6M0.1%2025-Q2 stale (4 quarters behind)
BALYASNY ASSET MANAGEMENT L.P. new200,000$6M0.1%2025-Q3 stale (3 quarters behind)
MERITAGE PORTFOLIO MANAGEMENT trimmed217,336$6M0.1%2025-Q4 stale (2 quarters behind)
BI Asset Management Fondsmaeglerselskab A/S added229,812$5M0.1%2026-Q1 stale (1 quarter behind)
Skandinaviska Enskilda Banken AB (publ) trimmed185,500$5M0.1%2025-Q4 stale (2 quarters behind)

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.

HoldersTotal shares

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.

Learn how to read institutional ownership