Dropbox Ownership | Who Owns Dropbox?

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Dropbox Ownership Summary

Dropbox is owned by 67.77% institutional investors, 6.34% insiders, and 25.89% 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 2.42% of its assets in Dropbox shares.

DBX Ownership Benchmark

Type	Name	% Inst	% Insiders	% Retail
Stock	Dropbox	67.77%	6.34%	25.89%
Sector	Technology Stocks	35.18%	13.13%	51.68%
Idea	SaaS Stocks List	48.24%	6.71%	45.05%

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	20.30M	7.71%	$564.43M
Lsv asset management	11.74M	4.46%	$326.25M
Renaissance	8.38M	3.18%	$232.86M
Arrowstreet capital, limited partnership	7.57M	2.88%	$210.55M
Acadian asset management	6.61M	2.51%	$183.83M
Morgan stanley	6.61M	2.51%	$183.82M
State street	6.18M	2.27%	$186.62M
Fmr	4.84M	1.78%	$146.11M

Top Institutional Shareholders by % of Total Assets

Holder	Shares	% Assets	Value
Seizert capital partners	1.83M	2.15%	$50.85M
Graphene investments sas	117.40K	2.05%	$3.26M
Wedge capital management l l p/nc	2.25M	1.12%	$62.42M
West tower group	17.52K	1.10%	$487.06K
Virtus etf advisers	40.88K	0.81%	$1.23M
3chopt investment partners	127.45K	0.79%	$3.54M
Pearl river capital	210.21K	0.75%	$4.72M
Lakewood asset management	44.91K	0.73%	$1.25M
Castlekeep investment advisors	56.74K	0.71%	$1.58M
Lsv asset management	11.74M	0.71%	$326.25M

Top Buyers

Holder	Shares	% Assets	Change
Norges bank	2.51M	0.01%	2.51M
Jacobs levy equity management	5.87M	0.55%	1.20M
Arrowstreet capital, limited partnership	7.57M	0.12%	767.12K
Allianz asset management gmbh	2.72M	0.08%	596.44K
Northern trust	2.49M	0.01%	560.69K

Top Sellers

Holder	Shares	% Assets	Change
Dld asset management, lp	-	-	-28.50M
Blackrock	27.80M	0.01%	-6.47M
Shaolin capital management	-	-	-3.75M
Ameriprise financial	3.14M	0.02%	-3.58M
Pacer advisors	-	-	-2.14M

New Positions

Holder	Shares	% Assets	Change	Value
Norges bank	2.51M	0.01%	2.51M	$69.91M
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
Tortoise investment management	-2.00
Gps wealth strategies group	-2.00
Advisornet financial	-5.00
Claris advisors, llc / mo /	-10.00

Institutional Ownership Trends

Date	Holdings	Change %	Shares	Change %	Ownership	Change %	Increased Position	Change %	Decreased Position	Change %
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%
Dec 31, 2024	477	6.00%	228,674,391	4.18%	70	1.54%	227	14.07%	161	4.55%

Top Mutual Funds Shareholders

Holder	Shares	% Holding	Change
iShares Core S&P Mid-Cap ETF	5.64M	2.42%	-2.02M
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	5.41M	2.32%	10.53K
Vanguard Information Technology ETF	4.57M	1.96%	18.92K
Vanguard Small Cap Index	3.93M	1.69%	-271.00
Fidelity Series Stk Selec Lg Cp Val	3.20M	1.37%	-247.70K
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	2.19M	0.94%	-32.45K

Recent Insider Transactions

Date	Name	Role	Activity	Value
Mar 11, 2026	Peacock Karen	-	Sell	$53.00K
Mar 11, 2026	Yoon William T	Chief Legal Officer	Sell	$227.27K
Mar 11, 2026	Yoon William T	Chief Legal Officer	Sell	$10.63K
Mar 03, 2026	Alkarmi Ashraf	General Manager, Core	Sell	$324.27K
Mar 02, 2026	Houston Andrew	Chief Executive Officer	Sell	$2.73M

Insider Transactions Trends

Date	Buy	Sell
2026 Q1	-	15
2025 Q4	-	24
2025 Q3	-	24
2025 Q2	-	14
2025 Q1	-	13

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 (20.3M shares, 7.71%). Together, they hold 24.58% 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 2.15% of its assets in 1.83M Dropbox shares, valued at 50.85M$.

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 2.42% of its total shares outstanding invested in 5.64M Dropbox shares.

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