DROPBOX INC DBX
CL A · Common Stock · CUSIP 26210C104 · ISIN US26210C1045
- SectorTechnology
- IndustryServices-Prepackaged Software
- HeadquartersSan Francisco, CA
- Founded2007
- Websitedropbox.com
- FilingsSEC EDGAR
* 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 ($34.8m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.30. Options: 22 managers hold calls ($86.2m notional), 19 hold puts ($75.1m).
Trends to Q4 2022
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 430 |
| Q4 2022 | 449 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2022 | $59.8m | $64.1m | 1.07 |
| Q4 2022 | $86.2m | $75.1m | 0.87 |
Biggest buyers
| DEUTSCHE BANK AG\ | Added | +2.7m |
| MORGAN STANLEY | Added | +2.6m |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Added | +1.5m |
| Qube Research & Technologies Ltd | New | +1.3m |
| GEODE CAPITAL MANAGEMENT, LLC | Added | +901.4k |
| TWO SIGMA INVESTMENTS, LP | New | +817.1k |
| MILLENNIUM MANAGEMENT LLC | Added | +773.2k |
| Allspring Global Investments Holdings, LLC | Added | +699.2k |
| JPMORGAN CHASE & CO | Added | +654.4k |
| Caisse de depot et placement du Quebec | Added | +612.5k |
Biggest sellers
| BAUPOST GROUP LLC/MA | Sold out | -7.8m |
| JANUS HENDERSON GROUP PLC | Reduced | -3.6m |
| PICTET ASSET MANAGEMENT SA | Reduced | -3.5m |
| CITADEL ADVISORS LLC | Reduced | -3.1m |
| Greenhouse Funds LLLP | Reduced | -1.1m |
| VANGUARD GROUP INC | Reduced | -813.8k |
| VICTORY CAPITAL MANAGEMENT INC | Reduced | -795.0k |
| FIRST TRUST ADVISORS LP | Reduced | -615.2k |
| RENAISSANCE TECHNOLOGIES LLC | Reduced | -413.2k |
| Mirae Asset Global Investments Co., Ltd. | Reduced | -385.3k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | $20.6m920.0k shares |
| SIMPLEX TRADING, LLC | Added | $15.8m706.0k shares |
| Walleye Trading LLC | Added | $12.0m537.0k shares |
| CITADEL ADVISORS LLC | Reduced | $9.4m421.1k shares |
| GROUP ONE TRADING LLC | Added | $7.9m354.0k shares |
| JANE STREET GROUP, LLC | Reduced | $3.8m167.6k shares |
| PEAK6 Investments LLC | Added | $3.7m165.6k shares |
| IMC-Chicago, LLC | Reduced | $2.3m103.2k shares |
| BANK OF AMERICA CORP /DE/ | Unchanged | $2.2m100.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $1.9m85.3k shares |
Biggest puts
| BNP PARIBAS FINANCIAL MARKETS | New | $15.9m7.1k shares |
| TWO SIGMA INVESTMENTS, LP | New | $11.2m499.2k shares |
| Walleye Trading LLC | Reduced | $8.5m379.2k shares |
| PEAK6 Investments LLC | Reduced | $8.0m358.3k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $6.7m301.2k shares |
| CITADEL ADVISORS LLC | Reduced | $6.1m272.8k shares |
| GROUP ONE TRADING LLC | Reduced | $4.5m199.9k shares |
| Squarepoint Ops LLC | Added | $3.1m140.4k shares |
| JANE STREET GROUP, LLC | Reduced | $3.0m136.1k shares |
| WOLVERINE TRADING, LLC | Reduced | $2.2m96.1k 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 |
|---|---|
| Houston Andrew 13G · exempt (held before listing) +7.0 pts · filed 2026-05-01 | 35.3% |
| BlackRock, Inc. 13G · institution filed 2025-04-23 | 10.1% |
| VANGUARD PORTFOLIO MANAGEMENT LLC 13G · institution new · filed 2026-04-29 | 7.5% |
| LSV ASSET MANAGEMENT 13G · institution +1.3 pts · filed 2026-08-06 | 7.3% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 13G · institution new · filed 2026-05-15 | 5.4% |
Fell to 5% or below in the last year: VANGUARD CAPITAL MANAGEMENT LLC (4.9%, 2026-07-31; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), VANGUARD GROUP INC (0.0%, 2026-03-26; now reported by VANGUARD PORTFOLIO MANAGEMENT LLC), RENAISSANCE TECHNOLOGIES LLC (4.6%, 2026-02-12)
Insider purchases and sales in Q4 2022
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 |
|---|---|---|---|---|---|
| Q1 2021 | 0 | — | 0 | — | — |
| Q2 2021 | 0 | — | 0 | — | — |
| Q3 2021 | 0 | — | 0 | — | — |
| Q4 2021 | 0 | — | 5 | $29.9m | — |
| Q1 2022 | 0 | — | 3 | $1.9m | — |
| Q2 2022 | 0 | — | 5 | $5.8m | — |
| Q3 2022 | 0 | — | 3 | $2.0m | — |
| Q4 2022 | 0 | — | 4 | $29.3m | — |
| Date | Insider | Trade | Value |
|---|---|---|---|
| 2022-12-27 | Regan Timothy Chief Financial Officer | Sold | $66.9k3.0k shares |
| 2022-12-23 | Young Timothy H. President | Sold | $335.9k15.0k shares |
| 2022-12-12 | Volkmer Bart Chief Legal Officer | Sold | $233.9k10.3k shares |
| 2022-12-05 | Houston Andrew Chief Executive Officer, director · See footnote | Sold | $3.7m162.5k shares |
| 2022-11-25 | Young Timothy H. President | Sold | $334.9k15.0k shares |
| 2022-11-25 | Regan Timothy Chief Financial Officer | Sold | $67.0k3.0k shares |
| 2022-11-16 | Volkmer Bart Chief Legal Officer | Sold | $236.8k10.5k shares |
| 2022-11-10 | Houston Andrew Chief Executive Officer, director · See footnote | Sold | $3.6m162.5k shares |
| 2022-10-25 | Regan Timothy Chief Financial Officer | Sold | $65.2k3.0k shares |
| 2022-10-24 | Young Timothy H. President | Sold | $322.6k15.0k shares |
| 2022-10-11 | Houston Andrew Chief Executive Officer, director | Sold | $4.9m241.0k shares |
| 2022-10-11 | Houston Andrew Chief Executive Officer, director | Sold | $1.1m52.6k shares |
| 2022-10-11 | Volkmer Bart Chief Legal Officer | Sold | $221.3k11.0k shares |
| 2022-10-10 | Houston Andrew Chief Executive Officer, director · See footnote | Sold | $8.6m422.2k shares |
| 2022-10-10 | Houston Andrew Chief Executive Officer, director | Sold | $5.6m274.2k shares |
| 2022-10-10 | Houston Andrew Chief Executive Officer, director | Sold | $4.2k200 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, Q4 2022
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.02% of their portfolio | 29.6m $663.6m | Reduced -813.8k |
| BlackRock Inc. 0.01% of their portfolio | 19.3m $430.9m | Reduced -27.4k |
| AMERIPRISE FINANCIAL INC 0.13% of their portfolio | 16.8m $376.3m | Added +557.6k |
| RENAISSANCE TECHNOLOGIES LLC 0.25% of their portfolio | 8.1m $180.6m | Reduced -413.2k |
| PICTET ASSET MANAGEMENT SA 0.22% of their portfolio | 6.7m $149.5m | Reduced -3.5m |
| STATE STREET CORP 0.01% of their portfolio | 5.9m $131.4m | Reduced -94.4k |
| MORGAN STANLEY 0.01% of their portfolio | 5.6m $126.4m | Added +2.6m |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.06% of their portfolio | 5.3m $119.2m | Added +598.2k |
| GEODE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio | 5.0m $111.1m | Added +901.4k |
| DEUTSCHE BANK AG\ 0.06% of their portfolio | 4.9m $109.6m | Added +2.7m |
| Thrivent Financial for Lutherans 0.26% of their portfolio | 4.5m $100.6m | Added +31.9k |
| FIRST TRUST ADVISORS LP 0.09% of their portfolio | 3.5m $77.3m | Reduced -615.2k |
| TWO SIGMA ADVISERS, LP 0.20% of their portfolio | 3.2m $71.6m | Reduced -87.6k |
| JACOBS LEVY EQUITY MANAGEMENT, INC 0.44% of their portfolio | 2.9m $65.7m | Added +405.8k |
| FMR LLC 0.01% of their portfolio | 2.9m $64.1m | Reduced -218.8k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.02% of their portfolio | 2.7m $60.6m | Added +81.8k |
| GLENMEDE TRUST CO NA 0.33% of their portfolio | 2.5m $56.2m | Reduced -39.6k |
| CITADEL ADVISORS LLC 0.06% of their portfolio | 2.3m $52.5m | Reduced -3.1m |
| Epoch Investment Partners, Inc. 0.30% of their portfolio | 2.2m $49.9m | Added +148.8k |
| NORDEA INVESTMENT MANAGEMENT AB 0.08% of their portfolio | 2.2m $49.1m | Added +170.1k |
| Robeco Institutional Asset Management B.V. 0.14% of their portfolio | 2.2m $49.5m | Added +569.0k |
| Bank of New York Mellon Corp 0.01% of their portfolio | 2.2m $48.9m | Added +128.6k |
| JANUS HENDERSON GROUP PLC 0.03% of their portfolio | 2.2m $48.1m | Reduced -3.6m |
| GOLDMAN SACHS GROUP INC 0.01% of their portfolio | 2.1m $46.7m | Added +301.0k |
| BARCLAYS PLC 0.03% of their portfolio | 1.7m $38.9m | First filing |
| PANAGORA ASSET MANAGEMENT INC 0.25% of their portfolio | 1.7m $38.2m | Reduced -7.9k |
| JPMORGAN CHASE & CO 0.01% of their portfolio | 1.7m $38.1m | Added +654.4k |
| ROYAL BANK OF CANADA 0.01% of their portfolio | 1.6m $36.7m | Added +454.5k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP 0.05% of their portfolio | 1.6m $36.5m | Added +1.5m |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 1.6m $36.4m | Added +154.1k |
| Pacer Advisors, Inc. 0.18% of their portfolio | 1.6m $35.7m | Added +576.0k |
| AMERICAN CENTURY COMPANIES INC 0.03% of their portfolio | 1.6m $35.4m | Reduced -102.2k |
| D. E. Shaw & Co., Inc. 0.06% of their portfolio | 1.6m $35.1m | Added +523.3k |
| NORTHERN TRUST CORP 0.01% of their portfolio | 1.5m $34.2m | Reduced -63.3k |
| Invenomic Capital Management LP 2.37% of their portfolio | 1.5m $32.7m | Added +56.2k |
| DIMENSIONAL FUND ADVISORS LP 0.01% of their portfolio | 1.4m $32.2m | Added +13.8k |
| ACADIAN ASSET MANAGEMENT LLC 0.16% of their portfolio | 1.4m $31.6m | Added +509.7k |
| SCHRODER INVESTMENT MANAGEMENT GROUP 0.05% of their portfolio | 1.4m $31.3m | Added +265.5k |
| VOYA INVESTMENT MANAGEMENT LLC 0.04% of their portfolio | 1.4m $30.9m | Added +440.4k |
| Qube Research & Technologies Ltd 0.18% of their portfolio | 1.3m $29.8m | New |
| AQR CAPITAL MANAGEMENT LLC 0.06% of their portfolio | 1.3m $28.0m | Added +205.3k |
| Varma Mutual Pension Insurance Co 0.39% of their portfolio | 1.2m $27.9m | Unchanged |
| Invesco Ltd. 0.01% of their portfolio | 1.2m $27.4m | Added +515.3k |
| Skandinaviska Enskilda Banken AB (publ) 0.20% of their portfolio | 1.2m $27.1m | Added +350.0k |
| California Public Employees Retirement System 0.02% of their portfolio | 1.2m $27.1m | Added +210.2k |
| JUPITER ASSET MANAGEMENT LTD 0.39% of their portfolio | 1.2m $26.9m | Reduced -84.0k |
| Legal & General Group Plc 0.01% of their portfolio | 1.2m $26.3m | Reduced -149.1k |
| Greenhouse Funds LLLP 2.40% of their portfolio | 1.2m $26.1m | Reduced -1.1m |
| Swiss National Bank 0.02% of their portfolio | 1.1m $25.0m | Reduced -150.5k |
| Allspring Global Investments Holdings, LLC 0.04% of their portfolio | 1.1m $24.6m | Added +699.2k |
| Mirae Asset Global Investments Co., Ltd. 0.06% of their portfolio | 1.1m $24.5m | Reduced -385.3k |
| Man Group plc 0.09% of their portfolio | 1.1m $23.7m | Added +158.1k |
| UBS Group AG 0.01% of their portfolio | 1.1m $23.7m | Added +92.9k |
| Nuveen Asset Management, LLC 0.01% of their portfolio | 1.0m $23.2m | Reduced -136.7k |
| Korea Investment CORP 0.07% of their portfolio | 993.4k $22.2m | Added +547.9k |
| MILLENNIUM MANAGEMENT LLC 0.02% of their portfolio | 974.3k $21.8m | Added +773.2k |
| GREAT LAKES ADVISORS, LLC 0.11% of their portfolio | 865.6k $1.9m | Reduced -6.3k |
| Mitsubishi UFJ Trust & Banking Corp 0.05% of their portfolio | 823.5k $18.4m | Added +52.4k |
| TWO SIGMA INVESTMENTS, LP 0.06% of their portfolio | 817.1k $18.3m | New |
| Russell Investments Group, Ltd. 0.04% of their portfolio | 810.9k $18.1m | Reduced -54.1k |
| Sumitomo Mitsui Trust Group, Inc. 0.01% of their portfolio | 771.8k $17.3m | Reduced -36.8k |
| AVIVA PLC 0.08% of their portfolio | 737.5k $16.5m | Added +52.4k |
| CREDIT SUISSE AG/ 0.02% of their portfolio | 716.0k $16.0m | Added +58.2k |
| AustralianSuper Pty Ltd 0.11% of their portfolio | 690.9k $15.7m | Added +339.6k |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ 0.01% of their portfolio | 687.6k $15.4m | Reduced -348.0k |
| Amundi 0.01% of their portfolio | 678.9k $15.5m | Added +399.4k |
| Caisse de depot et placement du Quebec 0.04% of their portfolio | 624.2k $14.0m | Added +612.5k |
| Engine Capital Management, LP 4.04% of their portfolio | 617.6k $13.8m | Added +192.4k |
| SAWGRASS ASSET MANAGEMENT LLC 1.77% of their portfolio | 576.7k $12.9m | Added +2.3k |
| VIRGINIA RETIREMENT SYSTEMS ET Al 0.13% of their portfolio | 571.0k $12.8m | Added +169.8k |
| CITIGROUP INC 0.02% of their portfolio | 552.2k $12.4m | Reduced -12.9k |
| Ensign Peak Advisors, Inc 0.03% of their portfolio | 547.8k $12.3m | Reduced -46.0k |
| DekaBank Deutsche Girozentrale 0.03% of their portfolio | 529.7k $11.7m | Added +321.4k |
| NORGES BANK 0.00% of their portfolio | 516.7k $11.6m | Added +80.9k |
| Cubist Systematic Strategies, LLC 0.10% of their portfolio | 503.3k $11.3m | Added +356.1k |
| CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM 0.02% of their portfolio | 469.0k $10.5m | Reduced -18.9k |
| Mayar Capital Ltd. 8.98% of their portfolio | 463.9k $10.4m | Unchanged |
| Strategic Global Advisors, LLC 1.57% of their portfolio | 438.5k $9.8m | Added +115.6k |
| NEW YORK STATE COMMON RETIREMENT FUND 0.01% of their portfolio | 438.4k $9.8m | Added +35.3k |
| MACKENZIE FINANCIAL CORP 0.02% of their portfolio | 434.7k $9.7m | Added +331.3k |
| Andra AP-fonden 0.29% of their portfolio | 432.4k $9.7m | Added +46.6k |
| APG Asset Management N.V. 0.02% of their portfolio | 430.0k $9.6m | Added +391.5k |
| GREENWOOD CAPITAL ASSOCIATES LLC 1.56% of their portfolio | 425.1k $9.5m | Added +12.1k |
| Zurcher Kantonalbank (Zurich Cantonalbank) 0.05% of their portfolio | 403.1k $9.0m | Reduced -62.3k |
| ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio | 394.9k $8.8m | Reduced -3.8k |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC 0.23% of their portfolio | 394.7k $8.8m | Added +313.0k |
| SUSQUEHANNA FUNDAMENTAL INVESTMENTS, LLC 0.15% of their portfolio | 391.1k $8.8m | Added +199.5k |
| NATIXIS 0.05% of their portfolio | 389.4k $8.7m | Added +56.2k |
| Railway Pension Investments Ltd 0.09% of their portfolio | 385.4k $8.6m | Added +288.5k |
| INVESTMENT MANAGEMENT ASSOCIATES INC /ADV 3.60% of their portfolio | 384.6k $8.6m | Added +9.4k |
| SEI INVESTMENTS CO 0.02% of their portfolio | 367.9k $8.2m | Added +20.3k |
| ClariVest Asset Management LLC 0.40% of their portfolio | 367.8k $8.2m | Reduced -9.9k |
| Walleye Trading LLC 0.20% of their portfolio | 355.0k $7.9m | Reduced -107.3k |
| MERITAGE PORTFOLIO MANAGEMENT 0.61% of their portfolio | 345.8k $7.7m | Reduced -13.1k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 342.1k $7.7m | Reduced -14.9k |
| TEACHER RETIREMENT SYSTEM OF TEXAS 0.05% of their portfolio | 330.8k $7.4m | Added +26.3k |
| PINEBRIDGE INVESTMENTS, L.P. 0.09% of their portfolio | 330.0k $7.4m | Added +24.8k |
| WORLDQUANT MILLENNIUM ADVISORS LLC 0.16% of their portfolio | 316.7k $7.1m | New |
| Alyeska Investment Group, L.P. 0.07% of their portfolio | 315.8k $7.1m | New |
| ALGERT GLOBAL LLC 0.39% of their portfolio | 311.2k $7.0m | Added +1.1k |