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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 15 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
Wealth Enhancement Advisory Services, LLC39,906$1.08M0.00%+6,860+20.8%Added
Kestra Investment Management, LLC38,511$1.07M0.03%+1,500+4.1%Added
Hillsdale Investment Management Inc.38,500$1.07M0.03%+200+0.5%Added
New Mexico Educational Retirement Board38,200$1.06M0.03%00.0%Unchanged
Qsemble Capital Management, LP36,214$1.01M0.08%+36,214New
Aaron Wealth Advisors36,023$1.00M0.06%+5,161+16.7%Added
Strategic Advocates LLC35,978$995.2K0.25%−1,857−4.9%Reduced
Axq Capital, LP35,691$992.2K0.22%+7,617+27.1%Added
Oregon Public Employees Retirement Fund34,690$964.4K0.01%−2,600−7.0%Reduced
DGS Capital Management, LLC34,360$955.2K0.16%+3,933+12.9%Added
Wells Fargo & Company33,965$944.2K0.00%+2,780+8.9%Added
South Dakota Investment Council33,800$940.0K0.02%−3,000−8.2%Reduced
Syon Capital LLC33,497$931.2K0.05%+18,047+116.8%Added
Inscription Capital, LLC33,289$925.4K0.10%+1,870+6.0%Added
Banco Bilbao Vizcaya Argentaria, S.A.33,010$920.2K0.01%+11,753+55.3%Added
Daiwa Securities Group Inc.32,258$896.0K0.00%+1,710+5.6%Added
Ameritas Investment Partners, Inc.31,966$888.7K0.03%−2,728−7.9%Reduced
Rehmann Capital Advisory Group31,834$887.2K0.05%−4,654−12.8%Reduced
Landscape Capital Management, L.L.C.30,225$840.3K0.06%−2,497−7.6%Reduced
Cetera Investment Advisers30,135$837.7K0.00%+9,039+42.8%Added
Globeflex Capital L P29,959$832.9K0.13%+51+0.2%Added
Horizon Investments, LLC28,680$797.3K0.01%+9,221+47.4%Added
Mirabella Financial Services LLP28,259$785.6K0.08%+28,259New
Penserra Capital Management LLC27,340$760.0K0.01%+3,964+17.0%Added
Picton Mahoney Asset Management27,222$756.8K0.01%−5,695−17.3%Reduced
AlphaCore Capital LLC26,517$737.2K0.02%+9,941+60.0%Added
Northwestern Mutual Wealth Management Co26,254$729.9K0.00%+466+1.8%Added
IFP Advisors, Inc26,198$728.3K0.02%−606−2.3%Reduced
Neuberger Berman Group LLC26,177$727.7K0.00%+1,154+4.6%Added
Invst, LLC25,817$717.7K0.08%−1,079−4.0%Reduced
Empirical Asset Management, LLC25,761$716.2K0.20%−777−2.9%Reduced
Ares Systematic Credit Ltd25,658$713.3K0.59%+25,658New
Guggenheim Capital LLC25,577$711.0K0.01%+3,910+18.0%Added
Catalytic Wealth RIA, LLC25,268$702.5K0.03%−11,302−30.9%Reduced
Advisory Services Network, LLC24,904$692.3K0.01%−146−0.6%Reduced
AlphaGrep UK Ltd24,851$690.9K0.23%+24,851New
denkapparat Operations GmbH24,358$677.2K0.37%+10,664+77.9%Added
Voleon Capital Management LP23,774$660.9K0.01%+4,983+26.5%Added
Caxton Associates LLP23,591$655.8K0.01%+8,107+52.4%Added
Intech Investment Management LLC23,562$655.0K0.01%−384,396−94.2%Reduced
Advisors Asset Management, Inc.22,958$638.2K0.01%−2,745−10.7%Reduced
Xponance, Inc.22,189$616.9K0.00%−3,205−12.6%Reduced
Kera Capital Partners, Inc.23,251$592.4K0.07%+10,306+79.6%Added
Allspring Global Investments Holdings, LLC21,772$586.3K0.00%−150−0.7%Reduced
Aviva PLC21,004$583.9K0.00%+2,687+14.7%Added
Callan Family Office, LLC20,914$581.4K0.01%+9,301+80.1%Added
Inceptionr LLC20,857$579.8K0.16%−8,157−28.1%Reduced
Oversea-Chinese Banking CORP Ltd20,325$565.0K0.02%00.0%Unchanged
Susquehanna Portfolio Strategies, LLC19,857$552.0K0.01%00.0%Unchanged
Qtron Investments LLC19,394$539.2K0.07%+11,817+156.0%Added
Advisor Group Holdings, Inc.19,247$535.1K0.00%−9,955−34.1%Reduced
Federated Hermes, Inc.19,168$532.9K0.00%+1,947+11.3%Added
Womack Financial LLC19,025$528.9K0.39%−910−4.6%Reduced
Baker Avenue Asset Management, LP19,002$528.3K0.01%+4,827+34.1%Added
RSM US Wealth Management LLC18,801$520.0K0.01%+1,177+6.7%Added
HighTower Advisors, LLC18,556$515.9K0.00%−174−0.9%Reduced
Resonant Capital Advisors, LLC17,716$492.5K0.03%+1,870+11.8%Added
West Tower Group, LLC17,520$487.1K1.12%00.0%Unchanged
AdvisorShares Investments LLC17,500$486.5K0.08%+17,500New
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management17,484$486.1K0.01%+8,447+93.5%Added
State of Alaska, Department of Revenue17,263$479.0K0.01%−139,784−89.0%Reduced
Bank of Montreal16,938$470.9K0.00%−2,866−14.5%Reduced
Tower Research Capital LLC (TRC)16,693$464.1K0.01%+4,543+37.4%Added
Laird Norton Trust Company, LLC16,642$462.6K0.01%+2,306+16.1%Added
Vident Advisory, LLC16,527$459.4K0.00%−30,852−65.1%Reduced
Jackson Creek Investment Advisors LLC16,337$454.0K0.13%+16,337New
Jefferies Financial Group Inc.15,944$443.2K0.00%+15,944New
Evergreen Capital Management LLC15,801$439.3K0.01%+6,348+67.2%Added
PensionDanmark Pensionsforsikringsaktieselskab15,306$425.5K0.00%+15,306New
Resona Asset Management Co.,Ltd.15,123$420.4K0.00%00.0%Unchanged
Federation des caisses Desjardins du Quebec15,096$419.7K0.00%+886+6.2%Added
Joel Isaacson & Co., LLC15,000$417.0K0.01%00.0%Unchanged
Versant Capital Management, Inc14,916$414.7K0.05%+2,259+17.8%Added
Eagle Harbor Asset Management Inc13,981$388.7K0.32%+3,860+38.1%Added
Walleye Capital LLC13,957$388.0K0.00%+3,399+32.2%Added
State of Wyoming13,808$383.9K0.04%−76−0.5%Reduced
Aster Capital Management (DIFC) Ltd13,581$377.6K0.17%+13,581New
Chicago Partners Investment Group LLC14,019$368.7K0.01%−2,596−15.6%Reduced
Securian Asset Management, Inc12,711$353.4K0.01%−1,150−8.3%Reduced
RHS Financial, LLC12,632$351.2K0.17%+1,202+10.5%Added
Bessemer Group Inc12,216$340.0K0.00%00.0%Unchanged
Camden Capital, LLC12,208$339.4K0.02%+4,436+57.1%Added
Ameritas Advisory Services, LLC12,131$337.2K0.01%+11,612+2,237.4%Added
Cambridge Investment Research Advisors, Inc.12,090$336.0K0.00%−87−0.7%Reduced
Perbak Capital Partners LLP12,021$334.2K0.10%−28,065−70.0%Reduced
TCG Advisory Services, LLC11,803$328.1K0.01%+11,803New
Aigen Investment Management, LP11,740$326.4K0.08%+11,740New
CIBC Private Wealth Group, LLC11,666$324.3K0.00%−1,500−11.4%Reduced
Prudential Financial Inc11,649$323.8K0.00%−7,240−38.3%Reduced
Marex Group plc11,603$322.6K0.00%+11,603New
Merit Financial Group, LLC11,516$320.1K0.00%+131+1.2%Added
Burney Co11,046$307.1K0.01%00.0%Unchanged
Public Employees Retirement Association of Colorado10,927$304.0K0.00%00.0%Unchanged
Armistice Capital, LLC10,817$300.7K0.01%+1,244+13.0%Added
Storebrand Asset Management AS10,565$293.7K0.00%−354−3.2%Reduced
MQS Management LLC10,539$293.0K0.17%+10,539New
Integrated Quantitative Investments LLC10,258$285.2K0.06%+10,258New
EP Wealth Advisors, LLC10,252$285.0K0.00%+10,252New
Profund Advisors LLC10,245$284.8K0.01%−1,167−10.2%Reduced
Dynamic Technology Lab Private Ltd10,181$283.0K0.06%+10,181New