Dropbox Ownership | Who Owns Dropbox?

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Dropbox Ownership Summary

Dropbox is owned by 56.38% institutional investors, 7.50% insiders, and 36.11% retail investors. Vanguard group is the largest institutional shareholder, holding 8.57% of DBX shares. iShares Core S&P Mid-Cap ETF is the top mutual fund, with 2.46% of its assets in Dropbox shares.

DBX Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Dropbox	56.38%	7.50%	36.11%
Sector	Technology Stocks	36.93%	14.89%	48.18%
Idea	SaaS Stocks List	59.32%	6.71%	33.97%

Institutional Shareholders

Top Institutional Shareholders by Total Shares

Holder	Shares	% Holding	Value
Vanguard group	22.56M	8.57%	$627.23M
Blackrock	27.80M	8.30%	$624.72M
Blackrock funding, inc. /de	20.84M	7.77%	$473.46M
Lsv asset management	11.68M	4.35%	$265.43M
Arrowstreet capital, limited partnership	8.53M	3.18%	$193.89M
Renaissance	7.72M	2.88%	$175.42M
Morgan stanley	6.25M	2.33%	$142.05M
State street	5.77M	2.15%	$131.06M
Acadian asset management	5.69M	2.12%	$129.27M
Jacobs levy equity management	4.80M	1.79%	$109.13M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Graphene investments sas	117.40K	1.79%	$2.67M
Seizert capital partners	1.56M	1.63%	$35.36M
Wedge capital management l l p/nc	2.38M	1.00%	$54.03M
Pearl river capital	210.21K	0.75%	$4.72M
Blueshift asset management	101.81K	0.70%	$2.31M
Bryce point capital	16.44K	0.61%	$496.68K
3chopt investment partners	116.55K	0.61%	$2.65M
Lsv asset management	11.68M	0.57%	$265.43M
Donald l. hagan	38.34K	0.57%	$1.16M
Distillate capital partners	436.27K	0.52%	$9.91M

Top Buyers

Holder	Shares	% Assets	Change
Two sigma investments, lp	4.35M	0.08%	3.02M
Norges bank	2.51M	0.01%	2.51M
Vanguard fiduciary trust	1.07M	0.01%	1.07M
Arrowstreet capital, limited partnership	8.53M	0.10%	960.11K
Allianz asset management gmbh	3.65M	0.09%	927.29K

Top Sellers

Holder	Shares	% Assets	Change
Dld asset management, lp	-	-	-28.50M
Blackrock	27.80M	0.01%	-6.47M
Shaolin capital management	-	-	-3.75M
Fmr	843.17K	0.00%	-3.40M
Nordea investment management ab	-	-	-2.12M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	2.51M	0.01%	2.51M	$69.91M
Vanguard fiduciary trust	1.07M	0.01%	1.07M	$24.28M
Marshall wace, llp	467.92K	0.01%	467.92K	$10.63M
Axa investment managers	373.11K	0.03%	373.11K	$11.27M
Cubist systematic strategies	181.63K	0.03%	181.63K	$4.08M

Sold Out

Holder	Change
Tortoise investment management	-2.00
Gps wealth strategies group	-2.00
Advisornet financial	-5.00
Private wealth asset management	-8.00
Dv trading	-8.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
Mar 31, 2026	355	-27.70%	141,187,038	-28.06%	56	1.02%	161	-27.15%	134	-22.99%
Dec 31, 2025	419	-16.20%	178,508,715	-21.01%	67	0.98%	184	-15.98%	151	-17.03%
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%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Mid-Cap ETF	5.88M	2.46%	-2.96K
Vanguard US Total Market Shares ETF	7.09M	2.42%	-431.79K
Pacer US Cash Cows 100 ETF	6.86M	2.34%	10.13K
Vanguard Total Stock Mkt Idx Inv	4.74M	2.06%	9.41K
Vanguard Information Technology ETF	4.39M	1.91%	22.72K
Vanguard Small Cap Index	3.43M	1.49%	-11.61K
Columbia Seligman Tech & Info A	3.59M	1.32%	-3.29M
Columbia Seligman Technology Growth	3.59M	1.32%	-5.19M
WEDGE QVM Large Cap Value	2.21M	0.93%	119.27K
Vanguard Institutional Extnd Mkt Idx Tr	1.97M	0.86%	20.45K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Jun 02, 2026	Alkarmi Ashraf	Co-CEO	Sell	$632.50K
Jun 01, 2026	Schubach Sarah Elizabeth	Chief Accounting Officer	Sell	$36.10K
May 18, 2026	Houston Andrew	Chief Executive Officer	Sell	$834.13K
May 18, 2026	Moore Andrew William	-	Sell	$131.71K
May 18, 2026	Moore Andrew William	-	Sell	$101.07K

Insider Transactions Trends

Date	Buy	Sell
2026 Q2	-	16
2026 Q1	-	17
2025 Q4	-	24
2025 Q3	-	24
2025 Q2	-	14

DBX Ownership FAQ

Who owns the most shares of Dropbox?

Dropbox’s largest shareholders are Vanguard group (22.56M shares, 8.57%), Blackrock (27.8M shares, 8.30%), and Blackrock funding, inc. /de (20.84M shares, 7.77%). Together, they hold 24.64% 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?

Graphene investments sas is Dropbox’s biggest shareholder by percentage of total assets invested, with 1.79% of its assets in 117.4K Dropbox shares, valued at 2.67M$.

Who is the top mutual fund holder of Dropbox shares?

iShares Core S&P Mid-Cap ETF is the top mutual fund holder of Dropbox shares, with 2.46% of its total shares outstanding invested in 5.88M Dropbox shares.

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