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 ($49.3m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $84.17. Options: 9 managers hold calls ($27.2m notional), 8 hold puts ($37.2m).
Trends to Q2 2023
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 376 |
| Q4 2022 | 388 |
| Q1 2023 | 415 |
| Q2 2023 | 418 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q4 2022 | 165 | 184 |
| Q1 2023 | 209 | 163 |
| Q2 2023 | 199 | 194 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $8.1m | $6.7m | 0.82 |
| Q4 2022 | $4.5m | $4.3m | 0.97 |
| Q1 2023 | $1.4m | $36.3m | 26.39 |
| Q2 2023 | $27.2m | $37.2m | 1.36 |
Biggest buyers
| Robeco Institutional Asset Management B.V. | Added | +444.7k |
| ACADIAN ASSET MANAGEMENT LLC | Added | +253.6k |
| Bank of New York Mellon Corp | Added | +209.2k |
| NORGES BANK | Added | +187.4k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | Added | +152.1k |
| VANGUARD GROUP INC | Added | +137.3k |
| Allspring Global Investments Holdings, LLC | Added | +124.2k |
| Qube Research & Technologies Ltd | Added | +115.5k |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +100.2k |
| JUPITER ASSET MANAGEMENT LTD | Added | +96.6k |
Biggest sellers
| Jackson Square Partners, LLC | Reduced | -358.5k |
| MILLENNIUM MANAGEMENT LLC | Reduced | -322.3k |
| Ninety One UK Ltd | Reduced | -265.0k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC | Reduced | -259.2k |
| Balyasny Asset Management L.P. | Sold out | -250.0k |
| Clearbridge Investments, LLC | Reduced | -202.4k |
| ENVESTNET ASSET MANAGEMENT INC | Reduced | -142.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP | Reduced | -139.1k |
| Russell Investments Group, Ltd. | Reduced | -128.5k |
| Thrivent Financial for Lutherans | Reduced | -111.4k |
Biggest calls
| Walleye Trading LLC | Added | $12.1m144.5k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m46.8k shares |
| PEAK6 Investments LLC | Added | $3.7m44.6k shares |
| JANE STREET GROUP, LLC | New | $2.8m33.4k shares |
| SIMPLEX TRADING, LLC | Added | $2.0m23.8k shares |
| GROUP ONE TRADING LLC | New | $1.7m20.5k shares |
| CITADEL ADVISORS LLC | Added | $569.0k6.8k shares |
| Verition Fund Management LLC | New | $418.4k5.0k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| Walleye Trading LLC | Added | $16.7m200.0k shares |
| SIMPLEX TRADING, LLC | Reduced | $7.9m94.9k shares |
| CITADEL ADVISORS LLC | Added | $4.0m48.0k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $3.9m46.9k shares |
| PEAK6 Investments LLC | Reduced | $2.2m26.3k shares |
| JANE STREET GROUP, LLC | Added | $1.2m14.6k shares |
| GROUP ONE TRADING LLC | Added | $1.1m13.4k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 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 in Q2 2023
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 |
|---|---|---|---|---|---|
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 3 | $9.2m | — |
| Q1 2022 | 0 | — | 3 | $3.5m | — |
| Q2 2022 | 0 | — | 2 | $4.0m | — |
| Q3 2022 | 0 | — | 2 | $1.4m | — |
| Q4 2022 | 0 | — | 2 | $4.2m | — |
| Q1 2023 | 0 | — | 10 | $18.2m | — |
| Q2 2023 | 0 | — | 4 | $7.0m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2023-06-13 | YEAMAN KEVIN J President and CEO, director · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | Sold | $2.3m27.1k shares |
| 2023-05-16 | YEAMAN KEVIN J President and CEO, director · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | Sold | $755.4k9.0k shares |
| 2023-05-15 | Couling John D SVP, Entertainment | Sold | $23.3k278 shares |
| 2023-05-08 | SHERMAN MARK ANDREW EVP, Gen. Counsel & Secretary | Sold | $1.3m15.0k shares |
| 2023-05-08 | Rollins Emily Director | Sold | $84.7k1.0k shares |
| 2023-04-11 | YEAMAN KEVIN J President and CEO, director · By the Kevin and Rachel Yeaman Family Trust dated May 14, 2009 | Sold | $2.6m30.8k 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 2023
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.01% of their portfolio | 6.2m $517.5m | Added +137.3k |
| KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC 1.18% of their portfolio | 5.0m $418.9m | Reduced -259.2k |
| MORGAN STANLEY 0.04% of their portfolio | 4.4m $366.4m | Added +54.5k |
| BlackRock Inc. 0.01% of their portfolio | 3.2m $265.1m | Added +48.8k |
| Clearbridge Investments, LLC 0.20% of their portfolio | 2.6m $218.9m | Reduced -202.4k |
| Ninety One UK Ltd 0.49% of their portfolio | 2.0m $166.3m | Reduced -265.0k |
| Bank of New York Mellon Corp 0.03% of their portfolio | 1.7m $140.1m | Added +209.2k |
| MACKENZIE FINANCIAL CORP 0.19% of their portfolio | 1.5m $126.6m | Added +15.0k |
| DISCIPLINED GROWTH INVESTORS INC /MN 2.67% of their portfolio | 1.4m $118.3m | Reduced -44.7k |
| ACADIAN ASSET MANAGEMENT LLC 0.45% of their portfolio | 1.3m $108.3m | Added +253.6k |
| GEODE CAPITAL MANAGEMENT, LLC 0.01% of their portfolio | 1.1m $96.1m | Added +100.2k |
| WELLS FARGO & COMPANY/MN 0.03% of their portfolio | 1.1m $94.5m | Reduced -57.4k |
| STATE STREET CORP 0.00% of their portfolio | 1.1m $89.9m | Reduced -60.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.09% of their portfolio | 1.0m $87.1m | Added +68.3k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.10% of their portfolio | 848.4k $71.0m | Reduced -139.1k |
| NORGES BANK 0.01% of their portfolio | 763.7k $63.9m | Added +187.4k |
| Jackson Square Partners, LLC 1.80% of their portfolio | 737.1k $61.7m | Reduced -358.5k |
| BAILLIE GIFFORD & CO 0.05% of their portfolio | 668.9k $56.0m | Reduced -16.4k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 654.2k $54.7m | Reduced -6.8k |
| BANK OF AMERICA CORP /DE/ 0.01% of their portfolio | 583.1k $48.8m | Reduced -28.1k |
| DIMENSIONAL FUND ADVISORS LP 0.02% of their portfolio | 577.6k $48.3m | Added +24.4k |
| Fiera Capital Corp 0.14% of their portfolio | 566.5k $47.4m | Reduced -12.0k |
| AQR CAPITAL MANAGEMENT LLC 0.09% of their portfolio | 512.6k $42.6m | Added +69.7k |
| RAYMOND JAMES & ASSOCIATES 0.03% of their portfolio | 485.4k $40.6m | Reduced -344 |
| Robeco Institutional Asset Management B.V. 0.10% of their portfolio | 452.8k $37.9m | Added +444.7k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 434.5k $36.4m | Added +6.3k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.04% of their portfolio | 397.4k $33.3m | Added +22.4k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 381.1k $31.9m | Added +25.2k |
| AMERIPRISE FINANCIAL INC 0.01% of their portfolio | 362.5k $30.3m | Reduced -11.6k |
| Boston Trust Walden Corp 0.25% of their portfolio | 361.3k $30.2m | Added +23.3k |
| CITADEL ADVISORS LLC 0.03% of their portfolio | 345.7k $28.9m | Added +20.3k |
| California Public Employees Retirement System 0.02% of their portfolio | 341.8k $28.6m | Added +21.4k |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.01% of their portfolio | 306.6k $26.2m | Unchanged |
| Aristotle Capital Management, LLC 0.05% of their portfolio | 298.6k $25.0m | Added +53.4k |
| LAZARD ASSET MANAGEMENT LLC 0.03% of their portfolio | 297.5k $24.9m | Added +21.0k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 293.1k $24.5m | Added +11.9k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.03% of their portfolio | 287.2k $24.0m | Reduced -10.4k |
| ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio | 284.4k $23.8m | Reduced -142.3k |
| Qube Research & Technologies Ltd 0.09% of their portfolio | 272.8k $22.8m | Added +115.5k |
| STIFEL FINANCIAL CORP 0.03% of their portfolio | 230.0k $19.2m | Reduced -7.1k |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main 0.03% of their portfolio | 223.1k $18.7m | Added +152.1k |
| Ceredex Value Advisors LLC 0.30% of their portfolio | 222.7k $18.6m | Reduced -83.5k |
| SNYDER CAPITAL MANAGEMENT L P 0.39% of their portfolio | 218.3k $18.3m | Reduced -9.8k |
| JUPITER ASSET MANAGEMENT LTD 0.19% of their portfolio | 213.0k $17.8m | Added +96.6k |
| NORRIS PERNE & FRENCH LLP/MI 1.46% of their portfolio | 206.8k $17.3m | Added +784 |
| SEI INVESTMENTS CO 0.03% of their portfolio | 205.8k $17.2m | Reduced -56.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 188.3k $15.8m | Added +20.4k |
| Allianz Asset Management GmbH 0.03% of their portfolio | 187.4k $15.7m | Added +32.2k |
| Pembroke Management, LTD 1.68% of their portfolio | 186.6k $15.6m | Reduced -5.8k |
| MARSHALL WACE, LLP 0.03% of their portfolio | 179.4k $15.0m | Added +93.3k |
| Trinity Street Asset Management LLP 1.58% of their portfolio | 170.7k $14.3m | Reduced -388 |
| UBS Group AG 0.01% of their portfolio | 155.8k $13.0m | Added +26.4k |
| Invesco Ltd. 0.00% of their portfolio | 154.5k $12.9m | Added +56.5k |
| Grantham, Mayo, Van Otterloo & Co. LLC 0.05% of their portfolio | 140.2k $11.7m | Reduced -2.0k |
| Allspring Global Investments Holdings, LLC 0.02% of their portfolio | 137.7k $11.5m | Added +124.2k |
| CAMBIAR INVESTORS LLC 0.49% of their portfolio | 137.7k $11.5m | Added +9.4k |
| 2Xideas AG 1.09% of their portfolio | 136.7k $11.4m | Reduced -14.5k |
| RHUMBLINE ADVISERS 0.01% of their portfolio | 135.9k $11.4m | Added +6.9k |
| FRANKLIN RESOURCES INC 0.01% of their portfolio | 135.1k $11.3m | Added +38.3k |
| Swiss National Bank 0.01% of their portfolio | 130.0k $10.9m | Added +800 |
| Alaska Permanent Fund Corp 0.21% of their portfolio | 126.7k $10.6m | First filing |
| CREDIT SUISSE AG/ 0.01% of their portfolio | 125.4k $10.5m | Added +9.3k |
| Price Jennifer C. 3.50% of their portfolio | 121.7k $10.2m | Reduced -94.0k |
| Willis Investment Counsel 0.65% of their portfolio | 119.5k $10.0m | Reduced -1.1k |
| BLAIR WILLIAM & CO/IL 0.04% of their portfolio | 117.7k $9.8m | Added +9.2k |
| Legal & General Group Plc 0.00% of their portfolio | 106.9k $8.9m | Reduced -1.4k |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 105.8k $8.9m | Added +39.5k |
| 1832 Asset Management L.P. 0.02% of their portfolio | 104.8k $8.8m | Unchanged |
| RENAISSANCE TECHNOLOGIES LLC 0.01% of their portfolio | 101.1k $8.5m | Reduced -35.7k |
| COMERICA BANK 0.00% of their portfolio | 99.9k $76 | First filing |
| Thrivent Financial for Lutherans 0.02% of their portfolio | 95.6k $8.0m | Reduced -111.4k |
| Assenagon Asset Management S.A. 0.03% of their portfolio | 94.9k $7.9m | Added +73.3k |
| ALGERT GLOBAL LLC 0.33% of their portfolio | 90.4k $7.6m | Added +37.8k |
| Ninety One North America, Inc. 0.31% of their portfolio | 88.1k $7.4m | Added +2.0k |
| Janney Montgomery Scott LLC 0.03% of their portfolio | 86.7k $7.3m | Added +121 |
| VOLORIDGE INVESTMENT MANAGEMENT, LLC 0.03% of their portfolio | 84.9k $7.1m | Added +4.0k |
| Vestmark Advisory Solutions, Inc. 0.26% of their portfolio | 82.2k $6.9m | Added +1.4k |
| TWINBEECH CAPITAL LP 0.13% of their portfolio | 79.7k $6.7m | Added +54.0k |
| AMERICAN CAPITAL MANAGEMENT INC 0.23% of their portfolio | 78.2k $6.5m | Reduced -95 |
| STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 0.01% of their portfolio | 78.1k $6.5m | Added +273 |
| ALPS ADVISORS INC 0.06% of their portfolio | 78.1k $6.5m | Added +24.3k |
| Redwood Investment Management, LLC 0.65% of their portfolio | 77.3k $6.3m | Added +6.3k |
| Cubist Systematic Strategies, LLC 0.07% of their portfolio | 77.0k $6.4m | Reduced -72.1k |
| MILLENNIUM MANAGEMENT LLC 0.01% of their portfolio | 74.6k $6.2m | Reduced -322.3k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.01% of their portfolio | 72.4k $6.1m | Reduced -2.3k |
| FIRST TRUST ADVISORS LP 0.01% of their portfolio | 70.3k $5.9m | Reduced -53.7k |
| TRUIST FINANCIAL CORP 0.01% of their portfolio | 70.2k $5.9m | Added +681 |
| ROYCE & ASSOCIATES LP 0.05% of their portfolio | 66.9k $5.6m | Unchanged |
| Keeley-Teton Advisors, LLC 0.68% of their portfolio | 63.5k $5.3m | Reduced -2.7k |
| Connor, Clark & Lunn Investment Management Ltd. 0.03% of their portfolio | 61.9k $5.2m | Reduced -280 |
| DARK FOREST CAPITAL MANAGEMENT LP 0.53% of their portfolio | 61.8k $5.2m | New |
| Diversified Investment Strategies, LLC 3.82% of their portfolio | 61.7k $5.2m | Reduced -1.1k |
| Man Group plc 0.02% of their portfolio | 61.4k $5.1m | New |
| Squarepoint Ops LLC 0.03% of their portfolio | 61.2k $5.1m | Reduced -13.6k |
| HSBC HOLDINGS PLC 0.01% of their portfolio | 58.4k $4.9m | Added +51.1k |
| LPL Financial LLC 0.00% of their portfolio | 55.1k $4.6m | Reduced -4.0k |
| STATE OF WISCONSIN INVESTMENT BOARD 0.01% of their portfolio | 53.6k $4.5m | Reduced -1.6k |
| Russell Investments Group, Ltd. 0.01% of their portfolio | 53.4k $4.5m | Reduced -128.5k |
| ProShare Advisors LLC 0.01% of their portfolio | 52.5k $4.4m | Added +8.3k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 51.0k $4.3m | Added +11.5k |