DROPBOX, INC. - Class A Common Stock, par value $0.00001 per share (DBX) Institutional Ownership

13F Institutional Holders and Ownership History from Q1 2016 to Q4 2025

Type / Class
Equity / Class A Common Stock, par value $0.00001 per share
Symbol
DBX on Nasdaq
Shares outstanding
182,890,044
Price per share
$25.83
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
196,100,716
Total reported value
$5,450,649,611
% of total 13F portfolios
0%
Share change
-1,542,429
Value change
-$46,228,637
Number of holders
461
Price from insider filings
$25.83
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

Significant Owners of DROPBOX, INC. - Class A Common Stock, par value $0.00001 per share (DBX) based on Schedule 13D/G filings

Filer Ownership Change % Holdings Value Net Change Nb Shares Change % Reporting Name Report Period
Houston Andrew 28% $2,439,831,418 86,030,727 Andrew Houston 31 Dec 2024
VANGUARD GROUP INC 12% $779,753,209 27,494,824 The Vanguard Group 31 Dec 2024
BlackRock, Inc. 10% $619,933,038 21,859,416 BlackRock, Inc. 31 Mar 2025
LSV ASSET MANAGEMENT 6% $350,848,125 11,613,642 LSV ASSET MANAGEMENT 30 Sep 2025
RENAISSANCE TECHNOLOGIES LLC 4.6% -14% $228,507,210 -$47,018,008 8,376,364 -17% Renaissance Technologies LLC 31 Dec 2025
AMERIPRISE FINANCIAL INC 3.3% -54% $178,929,099 -$248,907,412 6,724,130 -58% Ameriprise Financial, Inc. 30 Jun 2025

As of 31 Dec 2025, 461 institutional investors reported holding 196,100,716 shares of DROPBOX, INC. - Class A Common Stock, par value $0.00001 per share (DBX). This represents 107% of the company’s total 182,890,044 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of DROPBOX, INC. - Class A Common Stock, par value $0.00001 per share (DBX) together control 74% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 12% 22,562,154 -6.5% 0.01% $627,227,881
BlackRock, Inc. 11% 20,303,177 -2.5% 0.01% $564,428,313
LSV ASSET MANAGEMENT 6.4% 11,735,641 +1.1% 0.71% $326,251,000
RENAISSANCE TECHNOLOGIES LLC 4.6% 8,376,364 -11% 0.36% $232,862,919
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 4.1% 7,573,627 +11% 0.12% $210,546,831
ACADIAN ASSET MANAGEMENT LLC 3.6% 6,613,552 -11% 0.3% $183,827,000
MORGAN STANLEY 3.6% 6,612,122 +3.9% 0.01% $183,817,021
STATE STREET CORP 3.2% 5,783,504 -6.4% 0.01% $160,781,411
JACOBS LEVY EQUITY MANAGEMENT, INC 2.8% 5,098,317 +0.06% 0.55% $141,733,213
FMR LLC 2.3% 4,248,168 -12% 0.01% $118,099,093
GEODE CAPITAL MANAGEMENT, LLC 2.2% 4,046,562 -2% 0.01% $114,834,923
UBS Group AG 1.7% 3,069,745 -15% 0.02% $85,338,911
DIMENSIONAL FUND ADVISORS LP 1.5% 2,769,535 -0.42% 0.02% $76,990,821
Allianz Asset Management GmbH 1.5% 2,720,372 +28% 0.09% $75,626,341
Robeco Institutional Asset Management B.V. 1.4% 2,518,534 +23% 0.1% $70,015,245
NORGES BANK 1.4% 2,514,706 0.01% $69,908,827
AMERIPRISE FINANCIAL INC 1.3% 2,338,967 -26% 0.01% $65,023,284
CHARLES SCHWAB INVESTMENT MANAGEMENT INC 1.2% 2,249,909 -8% 0.01% $62,547,470
WEDGE CAPITAL MANAGEMENT L L P/NC 1.2% 2,245,390 -1.8% 1.1% $62,421,842
NORTHERN TRUST CORP 1.2% 2,219,517 -11% 0.01% $61,702,572
BARCLAYS PLC 1.2% 2,216,789 +4.9% 0.02% $61,626,734
Quantinno Capital Management LP 1.2% 2,150,194 +63% 0.12% $59,775,393
JPMORGAN CHASE & CO 1.2% 2,127,465 -19% 0% $59,143,526
MILLENNIUM MANAGEMENT LLC 1.2% 2,126,813 +64% 0.04% $59,125,401
Pacer Advisors, Inc. 1.1% 1,992,045 -7.1% 0.14% $55,378,851

Institutional Holders of DROPBOX, INC. - Class A Common Stock, par value $0.00001 per share (DBX) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2025 Q4 196,100,716 $5,450,649,611 -$46,228,637 $27.80 461
2025 Q3 196,875,619 $5,950,382,703 -$164,161,440 $30.21 463
2025 Q2 202,377,617 $5,787,547,208 -$454,124,006 $28.60 457
2025 Q1 219,352,159 $5,858,397,561 -$316,754,147 $26.71 448
2024 Q4 227,816,429 $6,843,928,712 +$207,562,543 $30.04 446
2024 Q3 219,575,617 $5,583,148,258 -$43,571,985 $25.43 415
2024 Q2 222,119,681 $4,990,297,713 -$298,458,741 $22.47 424
2024 Q1 234,317,992 $5,687,607,949 -$80,409,672 $24.30 438
2023 Q4 236,738,073 $6,978,430,008 +$155,630,646 $29.48 456
2023 Q3 232,942,566 $6,344,109,441 -$218,424,316 $27.23 456
2023 Q2 244,453,919 $6,488,300,366 +$474,264,783 $26.67 442
2023 Q1 227,379,285 $4,911,975,218 +$19,498,124 $21.62 416
2022 Q4 227,883,737 $5,099,215,683 +$122,609,033 $22.38 444
2022 Q3 226,473,588 $4,693,062,157 -$13,476,930 $20.72 417
2022 Q2 226,244,177 $4,749,802,406 -$19,438,275 $20.99 427
2022 Q1 227,730,373 $5,296,257,184 -$94,210,499 $23.25 462
2021 Q4 232,039,720 $5,694,753,514 -$343,929,203 $24.54 453
2021 Q3 243,425,992 $7,114,077,342 -$668,822,955 $29.22 443
2021 Q2 267,132,538 $8,094,988,474 -$81,724,892 $30.31 434
2021 Q1 269,972,222 $7,194,921,519 +$504,006,394 $26.66 418
2020 Q4 253,027,005 $5,614,012,057 -$102,555,769 $22.19 420
2020 Q3 259,708,028 $5,000,684,985 +$345,024,156 $19.26 389
2020 Q2 240,737,406 $5,238,560,944 +$1,005,622,635 $21.77 404
2020 Q1 196,375,277 $3,554,515,440 +$173,278,291 $18.10 334
2019 Q4 187,464,816 $3,356,423,671 +$152,460,057 $17.91 317
2019 Q3 177,900,404 $3,587,886,433 +$99,815,758 $20.17 295
2019 Q2 168,563,577 $4,220,971,517 +$839,691,608 $25.05 327
2019 Q1 135,486,038 $2,953,549,055 +$108,647,076 $21.80 270
2018 Q4 131,417,247 $2,684,960,177 +$404,358,685 $20.43 264
2018 Q3 88,578,737 $2,376,532,638 +$901,679,614 $26.83 226
2018 Q2 54,320,632 $1,751,327,101 +$6,515,580 $32.42 187
2018 Q1 54,591,811 $1,696,655,064 +$1,696,448,058 $31.25 166
2016 Q2 0 $0 -$26,000 $25.83 0
2016 Q1 1,240 $26,000 $20.97 1