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Dropbox, Inc.

DBX
Exchange
Nasdaq
Industry
Services-Prepackaged Software
SEC CIK
0001467623

In the last 90 days, Dropbox, Inc. insiders filed 0 open-market purchases and 16 sales; 454 institutions reported holding it in 13F filings for Q2 2026, worth $4.95B in total; no superinvestor holds it.

13F holders, Q4 2025

Institutional positions in Dropbox, Inc. as of Dec 31, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
475
+13 vs. Q3 2025
Shares held
196.5M
+630.1K (+0.3%) vs. Q3 2025
Total value
$5.46B
−$458.9M (−7.8%) vs. Q3 2025
New holders
70
157 more added
Sold out
57
174 more reduced

9 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q3 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting DBX on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ4 2025: 475 institutions
Q1 2021: 432 institutionsQ2 2021: 450 institutionsQ3 2021: 460 institutionsQ4 2021: 467 institutionsQ1 2022: 480 institutionsQ2 2022: 439 institutionsQ3 2022: 429 institutionsQ4 2022: 450 institutionsQ1 2023: 424 institutionsQ2 2023: 448 institutionsQ3 2023: 461 institutionsQ4 2023: 461 institutionsQ1 2024: 445 institutionsQ2 2024: 430 institutionsQ3 2024: 425 institutionsQ4 2024: 455 institutionsQ1 2025: 457 institutionsQ2 2025: 470 institutionsQ3 2025: 471 institutionsQ4 2025: 475 institutionsQ1 2026: 427 institutionsQ2 2026: 454 institutions
Value heldQ4 2025: $5.46B
Q1 2021: $7.20BQ2 2021: $8.10BQ3 2021: $7.12BQ4 2021: $5.70BQ1 2022: $5.30BQ2 2022: $4.75BQ3 2022: $4.67BQ4 2022: $5.07BQ1 2023: $4.93BQ2 2023: $6.49BQ3 2023: $6.35BQ4 2023: $6.98BQ1 2024: $5.71BQ2 2024: $4.99BQ3 2024: $5.59BQ4 2024: $6.85BQ1 2025: $5.87BQ2 2025: $5.79BQ3 2025: $5.96BQ4 2025: $5.46BQ1 2026: $4.19BQ2 2026: $4.95B
Institutions holding DBX and their total value by quarter
QuarterHoldersValue
Q2 2026454$4.95B
Q1 2026427$4.19B
Q4 2025475$5.46B
Q3 2025471$5.96B
Q2 2025470$5.79B
Q1 2025457$5.87B
Q4 2024455$6.85B
Q3 2024425$5.59B
Q2 2024430$4.99B
Q1 2024445$5.71B
Q4 2023461$6.98B
Q3 2023461$6.35B
Q2 2023448$6.49B
Q1 2023424$4.93B
Q4 2022450$5.07B
Q3 2022429$4.67B
Q2 2022439$4.75B
Q1 2022480$5.30B
Q4 2021467$5.70B
Q3 2021460$7.12B
Q2 2021450$8.10B
Q1 2021432$7.20B

Institutions, Q4 2025

Shares, value and share of portfolio for each institution holding Dropbox, Inc.; share changes are against Q3 2025.

Institutions holding DBX in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Comerica Bank291,565$8.11M0.03%+20,369+7.5%Added
Legal & General Group Plc297,451$8.27M0.00%−91,214−23.5%Reduced
Citadel Advisors LLC329,603$9.16M0.01%−691,249−67.7%Reduced
XTX Topco Ltd363,777$10.1M0.27%+262,472+259.1%Added
Swiss National Bank365,500$10.2M0.01%−15,700−4.1%Reduced
Universal- Beteiligungs- und Servicegesellschaft mbH371,491$10.3M0.02%+9,880+2.7%Added
Principal Financial Group Inc375,359$10.4M0.01%−35,818−8.7%Reduced
Schroder Investment Management Group389,925$10.8M0.01%−97,522−20.0%Reduced
Mirae Asset Global ETFs Holdings Ltd.401,664$11.2M0.02%−2,915−0.7%Reduced
Treasurer of the State of North Carolina413,573$11.5M0.04%+52,931+14.7%Added
Distillate Capital Partners LLC435,130$12.1M0.62%−6,329−1.4%Reduced
Nuveen, LLC477,924$13.3M0.00%+201,286+72.8%Added
Rhumbline Advisers489,958$13.6M0.01%−47,795−8.9%Reduced
California Public Employees Retirement System538,496$15.0M0.01%−97,697−15.4%Reduced
Deutsche Bank AG547,613$15.2M0.00%−189,667−25.7%Reduced
Susquehanna Fundamental Investments, LLC570,905$15.9M0.54%+394,572+223.8%Added
Bridgewater Associates, LP600,252$16.7M0.06%−185,234−23.6%Reduced
Glenmede Trust Co NA618,735$17.2M0.08%+618,735New
UBS Asset Management Americas Inc645,260$17.9M0.00%−134,536−17.3%Reduced
Mackenzie Financial Corp652,437$18.0M0.02%−412,143−38.7%Reduced
Invesco Ltd.650,390$18.1M0.00%+80,190+14.1%Added
Canada Pension Plan Investment Board652,300$18.1M0.01%+90,700+16.2%Added
Bank of America Corp660,880$18.4M0.00%+88,480+15.5%Added
Citigroup Inc687,220$19.1M0.01%+81,550+13.5%Added
KLP Kapitalforvaltning AS695,200$19.3M0.07%−68,900−9.0%Reduced
American Century Companies Inc727,694$20.2M0.01%+266,619+57.8%Added
Arbejdsmarkedets Tillaegspension793,176$22.1M0.56%+793,176New
KBC Group NV838,953$23.3M0.05%−236,991−22.0%Reduced
Retirement Systems of Alabama848,805$23.6M0.08%−14,437−1.7%Reduced
Royal Bank of Canada907,025$25.2M0.00%−292,363−24.4%Reduced
Jane Street Group, LLC942,437$26.2M0.03%+312,838+49.7%Added
BNP Paribas Arbitrage, SA968,406$26.9M0.02%+490,613+102.7%Added
SEI Investments Co1,094,526$30.4M0.03%+28,695+2.7%Added
Mitsubishi UFJ Trust & Banking Corp1,140,435$31.7M0.08%−107,669−8.6%Reduced
D. E. Shaw & Co., Inc.1,160,978$32.3M0.02%+1,092,218+1,588.4%Added
Victory Capital Management Inc1,230,156$34.2M0.02%+432,396+54.2%Added
Man Group plc1,259,354$35.0M0.07%−6,115−0.5%Reduced
Gotham Asset Management, LLC1,270,398$35.3M0.13%+187,482+17.3%Added
Franklin Resources Inc1,279,980$35.6M0.01%+101,346+8.6%Added
Two Sigma Investments, LP1,326,993$36.9M0.06%+1,037,015+357.6%Added
Massachusetts Financial Services Co1,329,443$37.0M0.01%+16,645+1.3%Added
Virginia Retirement Systems Et Al1,351,550$37.6M0.22%−642,450−32.2%Reduced
Goldman Sachs Group Inc1,477,012$41.1M0.01%+275,214+22.9%Added
Bank of New York Mellon Corp1,552,250$43.2M0.01%−97,018−5.9%Reduced
Two Sigma Advisers, LP1,669,300$46.4M0.09%+1,277,600+326.2%Added
DekaBank Deutsche Girozentrale1,780,763$47.2M0.09%00.0%Unchanged
Russell Investments Group, Ltd.1,708,519$47.5M0.05%−440,340−20.5%Reduced
AQR Capital Management LLC1,812,403$50.1M0.03%−156,783−8.0%Reduced
First Trust Advisors LP1,823,776$50.7M0.04%−10,348−0.6%Reduced
Seizert Capital Partners, LLC1,829,098$50.8M2.15%−26,486−1.4%Reduced
Pacer Advisors, Inc.1,992,045$55.4M0.14%−152,718−7.1%Reduced
Millennium Management LLC2,126,813$59.1M0.04%+827,324+63.7%Added
JPMorgan Chase & Co2,127,465$59.1M0.00%−514,250−19.5%Reduced
Quantinno Capital Management LP2,150,194$59.8M0.12%+833,399+63.3%Added
Barclays PLC2,216,789$61.6M0.02%+103,001+4.9%Added
Northern Trust Corp2,219,517$61.7M0.01%−268,560−10.8%Reduced
Wedge Capital Management L L P2,245,390$62.4M1.12%−41,795−1.8%Reduced
Charles Schwab Investment Management Inc2,249,909$62.5M0.01%−196,595−8.0%Reduced
Ameriprise Financial Inc2,338,967$65.0M0.01%−803,486−25.6%Reduced
Norges Bank2,514,706$69.9M0.01%+2,514,706New
Robeco Institutional Asset Management B.V.2,518,534$70.0M0.10%+463,258+22.5%Added
Allianz Asset Management GmbH2,720,372$75.6M0.09%+596,440+28.1%Added
Dimensional Fund Advisors LP2,769,535$77.0M0.02%−11,801−0.4%Reduced
UBS Group AG3,069,745$85.3M0.02%−546,872−15.1%Reduced
Geode Capital Management, LLC4,046,562$114.8M0.01%−81,452−2.0%Reduced
FMR LLC4,248,168$118.1M0.01%−588,202−12.2%Reduced
Jacobs Levy Equity Management, Inc5,098,317$141.7M0.55%+2,832+0.1%Added
State Street Corp5,783,504$160.8M0.01%−394,064−6.4%Reduced
Morgan Stanley6,612,123$183.8M0.01%+249,278+3.9%Added
Acadian Asset Management LLC6,613,552$183.8M0.30%−847,234−11.4%Reduced
Arrowstreet Capital, Limited Partnership7,573,627$210.5M0.12%+767,119+11.3%Added
Renaissance Technologies LLC8,376,364$232.9M0.36%−1,007,934−10.7%Reduced
LSV Asset Management11,735,641$326.3M0.71%+121,999+1.1%Added
BlackRock, Inc.20,303,177$564.4M0.01%−523,953−2.5%Reduced
Vanguard Group Inc22,562,154$627.2M0.01%−1,571,456−6.5%Reduced
Verition Fund Management LLC0$00.00%−239,112−100.0%Sold out
Balyasny Asset Management LLC0$00.00%−200,000−100.0%Sold out
Walleye Trading LLC0$00.00%−140,991−100.0%Sold out
Hussman Strategic Advisors, Inc.0$00.00%−105,000−100.0%Sold out
Macquarie Group Ltd0$00.00%−102,800−100.0%Sold out
Trexquant Investment LP0$00.00%−81,523−100.0%Sold out
CWA Asset Management Group, LLC0$00.00%−61,593−100.0%Sold out
Meeder Asset Management Inc0$00.00%−52,901−100.0%Sold out
Prudential PLC0$00.00%−39,407−100.0%Sold out
Centaurus Financial, Inc.0$00.00%−37,105−100.0%Sold out
Group One Trading, L.P.0$00.00%−35,352−100.0%Sold out
Atom Investors LP0$00.00%−34,202−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−33,278−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−25,700−100.0%Sold out
Groupama Asset Managment0$00.00%–Sold out
SPX Equities Gestao de Recursos Ltda0$00.00%−16,800−100.0%Sold out
DC Investments Management, LLC0$00.00%−16,446−100.0%Sold out
Lombard Odier Asset Management (USA) Corp0$00.00%−15,109−100.0%Sold out
Denali Advisors LLC0$00.00%−14,459−100.0%Sold out
Sanders Morris Harris LLC0$00.00%−12,970−100.0%Sold out
Integrated Investment Consultants, LLC0$00.00%−12,687−100.0%Sold out
Fieldview Capital Management, LLC0$00.00%−11,031−100.0%Sold out
Natixis Advisors, L.P.0$00.00%−10,457−100.0%Sold out
Pathstone Holdings, LLC0$00.00%−10,379−100.0%Sold out
Aristides Capital LLC0$00.00%−9,745−100.0%Sold out