Dropbox Ownership | Who Owns Dropbox?

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Dropbox Ownership Summary

Dropbox is owned by 24.48% institutional investors, 6.40% insiders, and 69.12% retail investors. Dld asset management, lp is the largest institutional shareholder, holding 10.46% of DBX shares. Vanguard US Total Market Shares ETF is the top mutual fund, with 2.42% of its assets in Dropbox shares.

DBX Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Dropbox	24.48%	6.40%	69.12%
Sector	Technology Stocks	50.72%	12.57%	36.71%
Idea	SaaS Stocks List	55.75%	6.52%	37.73%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Dld asset management, lp	28.50M	10.46%	$28.28B
Vanguard group	24.13M	8.86%	$729.08M
Blackrock	27.80M	8.30%	$624.72M
Blackrock funding, inc. /de	20.83M	7.65%	$629.19M
Lsv asset management	11.61M	4.26%	$350.85M
Renaissance	9.38M	3.44%	$283.50M
Acadian asset management	7.46M	2.74%	$225.36M
Arrowstreet capital, limited partnership	6.81M	2.50%	$205.62M
Morgan stanley	6.36M	2.34%	$192.22M
State street	6.18M	2.27%	$186.62M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Seizert capital partners	1.86M	2.43%	$56.06M
Dld asset management, lp	28.50M	2.03%	$28.28B
Graphene investments sas	103.20K	1.97%	$3.12M
West tower group	17.52K	1.53%	$529.28K
Wedge capital management l l p/nc	2.29M	1.17%	$69.10M
3chopt investment partners	132.37K	0.91%	$4.00M
Lakewood asset management	44.45K	0.81%	$1.34M
Virtus etf advisers	40.88K	0.81%	$1.23M
Castlekeep investment advisors	56.74K	0.80%	$1.71M
Lsv asset management	11.61M	0.77%	$350.85M

Top Buyers

Holder	Shares	% Assets	Change
Lsv asset management	11.61M	0.77%	3.21M
Jacobs levy equity management	5.87M	0.55%	1.20M
Allianz asset management gmbh	2.12M	0.07%	686.58K
Norges bank	681.81K	0.00%	681.81K
Northern trust	2.49M	0.01%	560.69K

Top Sellers

Holder	Shares	% Assets	Change
Blackrock	27.80M	0.01%	-6.47M
Shaolin capital management	-	-	-3.75M
Ameriprise financial	3.14M	0.02%	-3.58M
Nordea investment management ab	-	-	-2.12M
C worldwide group	-	-	-1.84M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	681.81K	0.00%	681.81K	$20.48M
Axa investment managers	373.11K	0.03%	373.11K	$11.27M
Tudor investment corp et al	312.89K	0.02%	312.89K	$9.45M
Cubist systematic strategies	181.63K	0.03%	181.63K	$4.08M
Natixis	168.49K	0.02%	168.49K	$5.09M

Sold Out

Holder	Change
Toronto dominion bank	-1.00
Advisornet financial	-5.00
Claris advisors, llc / mo /	-10.00
Wealthtrak capital management	-10.00
Wr wealth planners	-14.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Sep 30, 2025	189	-61.82%	66,693,303	-71.19%	24	0.34%	86	-64.17%	64	-61.21%
Jun 30, 2025	480	-0.21%	231,105,863	5.10%	84	1.48%	232	4.98%	162	-4.14%
Mar 31, 2025	474	-3.07%	218,253,214	-4.44%	75	1.51%	216	-5.68%	169	2.42%
Dec 31, 2024	477	6.00%	228,674,391	4.18%	70	1.54%	227	14.07%	161	4.55%
Sep 30, 2024	444	-1.99%	218,511,980	-1.59%	67	1.53%	196	1.55%	150	-13.79%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
Vanguard US Total Market Shares ETF	7.09M	2.42%	-431.79K
Vanguard Total Stock Mkt Idx Inv	6.34M	2.37%	-163.45K
iShares Core S&P Mid-Cap ETF	6.38M	2.37%	-
Pacer US Cash Cows 100 ETF	6.86M	2.34%	10.13K
Vanguard Small Cap Index	4.94M	1.85%	-30.36K
Vanguard Information Technology ETF	3.73M	1.39%	37.97K
Fidelity Series Stk Selec Lg Cp Val	3.61M	1.34%	195.80K
Columbia Seligman Tech & Info A	3.59M	1.32%	-3.29M
Columbia Seligman Technology Growth	3.59M	1.32%	-5.19M
Vanguard Small Cap Growth Index Inv	2.78M	1.04%	-5.95K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Dec 03, 2025	Houston Andrew	Chief Executive Officer	Sell	$275.01K
Dec 01, 2025	Houston Andrew	Chief Executive Officer	Sell	$2.72M
Dec 01, 2025	Schubach Sarah Elizabeth	Chief Accounting Officer	Sell	$34.57K
Nov 28, 2025	Regan Timothy	Chief Financial Officer	Sell	$44.46K
Nov 24, 2025	Dasdan Ali	Chief Technology Officer	Sell	$169.98K

Insider Transactions Trends

Date	Buy	Sell
2025 Q4	-	21
2025 Q3	-	24
2025 Q2	-	14
2025 Q1	-	13
2024 Q4	-	18

DBX Ownership FAQ

Who owns the most shares of Dropbox?

Dropbox’s largest shareholders are Dld asset management, lp (28.5M shares, 10.46%), Vanguard group (24.13M shares, 8.86%), and Blackrock (27.8M shares, 8.30%). Together, they hold 27.63% of Dropbox’s total shares outstanding.

Does Blackrock own Dropbox?

Yes, BlackRock owns 8.30% of Dropbox, totaling 27.8M shares as of Jun 2024. This represents 0.01% of BlackRock's total assets, with a market value of 624.72M$. In the last quarter, BlackRock decreased its holdings by -6.472M shares, a -18.88% change.

Who is Dropbox’s biggest shareholder by percentage of total assets invested?

Seizert capital partners is Dropbox’s biggest shareholder by percentage of total assets invested, with 2.43% of its assets in 1.86M Dropbox shares, valued at 56.06M$.

Who is the top mutual fund holder of Dropbox shares?

Vanguard US Total Market Shares ETF is the top mutual fund holder of Dropbox shares, with 2.42% of its total shares outstanding invested in 7.09M Dropbox shares.

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