DOLBY LABORATORIES INC DLB
COM CL A · Common Stock · CUSIP 25659T107
American company specializing in audio noise reduction and audio encoding/compression
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($16.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $52.61. Options: 5 managers hold calls ($2.6m notional), 5 hold puts ($5.3m).
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 376 |
| Q4 2022 | 388 |
| Q1 2023 | 415 |
| Q2 2023 | 418 |
| Q3 2023 | 414 |
| Q4 2023 | 426 |
| Q1 2024 | 413 |
| Q2 2024 | 428 |
| Q3 2024 | 412 |
| Q4 2024 | 419 |
| Q1 2025 | 422 |
| Q2 2025 | 406 |
| Q3 2025 | 412 |
| Q4 2025 | 405 |
| Q1 2026 | 419 |
| Q2 2026 | 392 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 170 | 235 |
| Q4 2024 | 192 | 184 |
| Q1 2025 | 242 | 186 |
| Q2 2025 | 206 | 202 |
| Q3 2025 | 201 | 182 |
| Q4 2025 | 191 | 212 |
| Q1 2026 | 214 | 185 |
| Q2 2026 | 190 | 223 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2025 | $702.0k | $737.7k | 1.05 |
| Q4 2025 | $3.6m | $462.4k | 0.13 |
| Q1 2026 | $1.1m | $1.9m | 1.63 |
| Q2 2026 | $2.6m | $5.3m | 2.06 |
Biggest buyers
| BANK OF MONTREAL /CAN/ | Added | +1.4m |
| AMERIPRISE FINANCIAL INC | Added | +581.5k |
| FMR LLC | Added | +573.1k |
| CITADEL ADVISORS LLC | Added | +546.6k |
| FIRST TRUST ADVISORS LP | Added | +450.6k |
| Invesco Ltd. | Added | +426.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +402.6k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +326.2k |
| Bank of New York Mellon Corp | Added | +317.4k |
| MARSHALL WACE, LLP | Added | +282.7k |
Biggest sellers
| AQR CAPITAL MANAGEMENT LLC | Reduced | -789.8k |
| MACKENZIE FINANCIAL CORP | Reduced | -753.7k |
| MORGAN STANLEY | Reduced | -540.4k |
| Pacer Advisors, Inc. | Reduced | -509.1k |
| Fiera Capital Corp | Reduced | -357.8k |
| GOLDMAN SACHS GROUP INC | Reduced | -356.4k |
| Synergy Asset Management, LLC | Sold out | -290.4k |
| Alyeska Investment Group, L.P. | Sold out | -290.0k |
| FRONTIER CAPITAL MANAGEMENT CO LLC | Reduced | -219.4k |
| Aristotle Capital Management, LLC | Sold out | -208.4k |
Biggest calls
| BNP PARIBAS FINANCIAL MARKETS | New | $1.9m360 shares |
| IMC-Chicago, LLC | Added | $373.3k7.1k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $315.5k6.0k shares |
| Walleye Trading LLC | New | $5.3k100 shares |
| SIMPLEX TRADING, LLC | Unchanged | $5.3k100 shares |
Biggest puts
| BNP PARIBAS FINANCIAL MARKETS | New | $1.9m360 shares |
| CITADEL ADVISORS LLC | Added | $1.6m29.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m21.7k shares |
| IMC-Chicago, LLC | New | $736.1k14.0k shares |
| SIMPLEX TRADING, LLC | Unchanged | $26.3k500 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
| Holder | Stake |
|---|---|
Dolby Dagmar
13D · may seek influence
-0.6 pts · filed 2026-02-13
Stated purposeItem 4 of the Statement is amended by adding the following at the end thereof: There was a decrease in the Reporting Persons' beneficial holdings of more than one percent of the outstanding shares of Class A Common Stock resulting from the gifting of (i) 43,500 shares of Class A Common Stock beneficially owned by the Dagmar Dolby Fund and (ii) 890,000 shares of Class A Common Stock beneficially owned by the Dagmar Dolby Trust (collectively, the "Transfers"), partially offset by 3,140 shares of Class A Common Stock issued to David E. Dolby upon the vesting of restricted stock units. The Transfers were effected solely for charitable gifting purposes, and were transfers for no value without the payment or receipt of any funds or other consideration by the Reporting Persons in exchange theref… Full filing |
36.0% |
| BlackRock, Inc. 13G · institution filed 2026-06-04 | 10.0% |
| Bank of New York Mellon Corp 13G · institution +1.2 pts · filed 2026-10-22 | 8.6% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 8.2% |
| MORGAN STANLEY 13G · institution -2.0 pts · filed 2026-05-11 | 8.2% |
| VANGUARD CAPITAL MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 5.2% |
| FIRST TRUST PORTFOLIOS LP 13G · institution new · filed 2026-10-27 | 5.1% |
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC)
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q4 2024 | 0 | — | 5 | $13.6m | $12.3m |
| Q1 2025 | 0 | — | 4 | $5.6m | $3.5m |
| Q2 2025 | 0 | — | 3 | $5.6m | $5.6m |
| Q3 2025 | 0 | — | 2 | $7.3m | $6.8m |
| Q4 2025 | 0 | — | 5 | $11.1m | $10.7m |
| Q1 2026 | 0 | — | 3 | $808.1k | $198.4k |
| Q2 2026 | 0 | — | 5 | $2.3m | $1.6m |
| Q3 2026 | 0 | — | 3 | $1.7m | $1.5m |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2026-09-01 | Couling John D SVP, Entertainment | Sold plan | $468.1k7.7k shares |
| 2026-08-25 | Nicholson Ryan VP, CAO and Corp. Controller | Sold | $77.2k1.2k shares |
| 2026-08-14 | Revankar Shriram SVP, Advanced Technology Group | Sold plan | $188.1k3.0k shares |
| 2026-08-10 | Nicholson Ryan VP, CAO and Corp. Controller | Sold | $83.6k1.3k shares |
| 2026-08-04 | Nicholson Ryan VP, CAO and Corp. Controller | Sold | $21.6k357 shares |
| 2026-08-03 | Couling John D SVP, Entertainment | Sold plan | $460.0k7.7k shares |
| 2026-07-01 | Couling John D SVP, Entertainment | Sold plan | $407.9k7.7k shares |
| 2026-06-01 | Couling John D SVP, Entertainment | Sold plan | $426.4k7.7k shares |
| 2026-05-22 | Pendleton Todd SVP, Chief Marketing Officer | Sold | $647.8k11.9k shares |
| 2026-05-15 | Revankar Shriram SVP, Advanced Technology Group | Sold plan | $164.7k3.0k shares |
| 2026-05-12 | Park Robert J SVP & Chief Financial Officer | Sold plan | $277.4k4.9k shares |
| 2026-05-05 | Couling John D SVP, Entertainment | Sold plan | $441.2k7.7k shares |
| 2026-05-04 | Couling John D SVP, Entertainment | Sold plan | $274.1k4.7k shares |
| 2026-04-01 | Rollins Emily Director | Sold plan | $60.1k1.0k shares |
Their holding: how much the trade added to or took from the insider's holding (direct, or the trust or fund named). The same trade is sometimes reported by more than one insider, such as a fund and the director who represents it; totals count it once. A value is left blank where the reported price is far from the market price (usually a typo).
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| BlackRock, Inc. 0.01% of their portfolio | 6.7m $351.1m | Added +138.5k |
| VANGUARD PORTFOLIO MANAGEMENT LLC 0.01% of their portfolio | 5.0m $260.3m | Reduced -20.1k |
| Bank of New York Mellon Corp 0.04% of their portfolio | 4.8m $253.3m | Added +317.4k |
| MORGAN STANLEY 0.01% of their portfolio | 4.6m $242.0m | Reduced -540.4k |
| VANGUARD CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 2.7m $143.1m | Reduced -4.5k |
| FIRST TRUST ADVISORS LP 0.08% of their portfolio | 2.7m $142.3m | Added +450.6k |
| STATE STREET CORP 0.00% of their portfolio | 2.3m $121.8m | Added +26.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.12% of their portfolio | 1.9m $99.7m | Added +326.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.8m $96.9m | Added +77.1k |
| FMR LLC 0.00% of their portfolio | 1.6m $83.4m | Added +573.1k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.6m $81.9m | Added +236.8k |
| BANK OF MONTREAL /CAN/ 0.03% of their portfolio | 1.5m $76.6m | Added +1.4m |
| SNYDER CAPITAL MANAGEMENT L P 1.20% of their portfolio | 1.3m $69.7m | Reduced -36.8k |
| DISCIPLINED GROWTH INVESTORS INC /MN 1.11% of their portfolio | 1.2m $65.6m | Reduced -20.0k |
| NORGES BANK 0.00% of their portfolio | 851.0k $44.7m | Not comparable |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 823.9k $43.3m | Reduced -356.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.01% of their portfolio | 808.2k $42.5m | Added +4.0k |
| Invesco Ltd. 0.00% of their portfolio | 673.6k $35.4m | Added +426.7k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 661.3k $34.8m | Added +581.5k |
| CITADEL ADVISORS LLC 0.02% of their portfolio | 582.0k $30.6m | Added +546.6k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 548.6k $28.8m | Added +15.7k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.01% of their portfolio | 527.2k $27.7m | Added +402.6k |
| Fiera Capital Corp 0.09% of their portfolio | 476.4k $25.1m | Reduced -357.8k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 445.8k $23.4m | Added +19.8k |
| Boston Trust Walden Corp 0.17% of their portfolio | 432.6k $22.7m | Reduced -16.9k |
| Robeco Institutional Asset Management B.V. 0.03% of their portfolio | 427.7k $22.5m | Added +65.3k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 420.1k $22.1m | Reduced -9.5k |
| D. E. Shaw & Co., Inc. 0.01% of their portfolio | 415.0k $21.8m | Added +23.0k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 413.4k $21.7m | Reduced -753.7k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio | 412.3k $21.7m | Added +9.4k |
| UBS Group AG 0.00% of their portfolio | 389.0k $20.5m | Added +114.3k |
| SHAPIRO CAPITAL MANAGEMENT LLC 1.24% of their portfolio | 387.7k $20.4m | Added +84.1k |
| VANGUARD FIDUCIARY TRUST CO 0.00% of their portfolio | 381.6k $20.1m | Added +3.2k |
| Boston Partners 0.02% of their portfolio | 372.6k $19.4m | Added +20.2k |
| MARSHALL WACE, LLP 0.02% of their portfolio | 343.7k $18.1m | Added +282.7k |
| Gotham Asset Management, LLC 0.04% of their portfolio | 336.0k $17.7m | Added +94.6k |
| Squarepoint Ops LLC 0.03% of their portfolio | 335.0k $17.6m | Reduced -1.5k |
| Ninety One UK Ltd 0.04% of their portfolio | 330.6k $17.4m | Reduced -34.5k |
| AQR CAPITAL MANAGEMENT LLC 0.01% of their portfolio | 322.7k $16.9m | Reduced -789.8k |
| WELLINGTON MANAGEMENT GROUP LLP 0.00% of their portfolio | 320.2k $16.8m | Added +52.1k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 317.1k $16.7m | Reduced -70.0k |
| SEI INVESTMENTS CO 0.01% of their portfolio | 306.0k $16.1m | Reduced -2.3k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 298.8k $15.7m | Added +11.2k |
| VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio | 291.9k $15.3m | Added +57.7k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 271.6k $14.3m | Added +11.4k |
| ALPS ADVISORS INC 0.06% of their portfolio | 260.5k $13.7m | Added +7.7k |
| Assenagon Asset Management S.A. 0.01% of their portfolio | 208.4k $11.0m | Added +153.2k |
| Qube Research & Technologies Ltd 0.01% of their portfolio | 206.0k $10.8m | Added +38.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 197.1k $10.4m | Reduced -1.6k |
| Trexquant Investment LP 0.06% of their portfolio | 190.1k $10.0m | Added +69.3k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% of their portfolio | 188.9k $9.9m | Added +8.1k |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC 0.03% of their portfolio | 184.1k $9.7m | Added +26.7k |
| Creative Planning 0.01% of their portfolio | 179.7k $9.4m | Added +28.3k |
| LSV ASSET MANAGEMENT 0.02% of their portfolio | 165.9k $8.7m | Added +137.8k |
| Aristotle Capital Boston, LLC 0.58% of their portfolio | 165.8k $8.7m | Reduced -2.2k |
| PRINCIPAL FINANCIAL GROUP INC 0.00% of their portfolio | 137.0k $7.2m | Added +1.1k |
| Vest Financial, LLC 0.07% of their portfolio | 124.0k $6.5m | Added +19.4k |
| Swiss National Bank 0.00% of their portfolio | 122.2k $6.4m | Added +2.1k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 116.9k $6.1m | Added +401 |
| CAPITAL FUND MANAGEMENT S.A. 0.04% of their portfolio | 116.0k $6.1m | Reduced -2.7k |
| Nuveen, LLC 0.00% of their portfolio | 114.4k $6.0m | Reduced -2.1k |
| California Public Employees Retirement System 0.00% of their portfolio | 113.3k $6.0m | Reduced -29.8k |
| ProShare Advisors LLC 0.01% of their portfolio | 108.2k $5.7m | Added +2.3k |
| Campbell & CO Investment Adviser LLC 0.30% of their portfolio | 107.8k $5.7m | Added +94.1k |
| MARTINGALE ASSET MANAGEMENT L P 0.13% of their portfolio | 106.1k $5.6m | Reduced -152.6k |
| FRONTIER CAPITAL MANAGEMENT CO LLC 0.05% of their portfolio | 100.2k $5.3m | Reduced -219.4k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 99.5k $5.2m | Added +5.5k |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.02% of their portfolio | 91.5k $4.8m | Reduced -171.1k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 89.2k $4.7m | Reduced -2.4k |
| Legal & General Group Plc 0.00% of their portfolio | 87.8k $4.6m | Added +458 |
| Holocene Advisors, LP 0.01% of their portfolio | 82.1k $4.3m | Added +55.4k |
| WEDGE CAPITAL MANAGEMENT L L P/NC 0.07% of their portfolio | 77.4k $4.1m | Added +26.9k |
| Brevan Howard Capital Management LP 0.06% of their portfolio | 76.9k $4.0m | Added +67.2k |
| Summit Trail Advisors, LLC 0.05% of their portfolio | 76.7k $4.0m | Added +7.9k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 75.6k $4.0m | Reduced -5.5k |
| Balyasny Asset Management L.P. 0.01% of their portfolio | 74.7k $3.9m | Added +20.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 73.9k $4.4m | Reduced -44.6k |
| Russell Investments Group, Ltd. 0.00% of their portfolio | 73.2k $3.8m | Reduced -40.8k |
| TD Asset Management Inc 0.00% of their portfolio | 72.2k $3.8m | Added +7.5k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.00% of their portfolio | 70.5k $3.7m | Reduced -2.1k |
| Graham Capital Management, L.P. 0.10% of their portfolio | 68.2k $3.6m | Reduced -6.9k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.01% of their portfolio | 65.7k $3.5m | Added +42.8k |
| Retirement Systems of Alabama 0.01% of their portfolio | 62.4k $3.3m | Reduced -12.2k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 60.9k $3.2m | Added +46.5k |
| Bridgewater Associates, LP 0.01% of their portfolio | 60.3k $3.2m | New |
| Engineers Gate Manager LP 0.04% of their portfolio | 59.1k $3.1m | Reduced -7.6k |
| Diversified Investment Strategies, LLC 2.00% of their portfolio | 58.7k $3.1m | Unchanged |
| VANGUARD ASSET MANAGEMENT, Ltd 0.00% of their portfolio | 58.3k $3.1m | Added +3.4k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 58.3k $3.1m | Added +2.2k |
| BARCLAYS PLC 0.00% of their portfolio | 58.1k $3.1m | Added +21.3k |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. 0.00% of their portfolio | 57.6k $3.0m | Reduced -1.1k |
| HARBOR CAPITAL ADVISORS, INC. 0.20% of their portfolio | 56.9k $3.0m | Added +18.4k |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.00% of their portfolio | 55.9k $2.9m | Reduced -11.1k |
| AGF MANAGEMENT LTD 0.01% of their portfolio | 55.1k $2.9m | Reduced -2.4k |
| Cardinal Capital Management 0.35% of their portfolio | 54.6k $2.9m | Added +5.7k |
| Illinois Municipal Retirement Fund 0.03% of their portfolio | 51.6k $2.7m | Added +8.7k |
| Aquatic Capital Management LLC 0.09% of their portfolio | 48.5k $2.6m | Added +47.2k |
| Vanguard Global Advisers, LLC 0.00% of their portfolio | 48.5k $2.5m | Reduced -18.1k |
| Magnetar Financial LLC 0.02% of their portfolio | 47.6k $2.5m | Added +21.5k |
| GABELLI FUNDS LLC 0.02% of their portfolio | 47.3k $2.5m | Reduced -555 |