Which funds own DBX
Dropbox Inc in the Q2 2026 filings. At least 7 of the 91 current managers on file reported a position, worth $727m between them. It is among the largest positions of fewer than a fifth of the current managers on file. Buying and selling roughly cancelled this quarter, which is what a name looks like when the argument is still live.
- Managers holding
- 7
- at least, of 91 current
- Combined value
- $727m
- as reported
- Opened
- 3
- new this quarter
- Added to
- 1
- already held
- Trimmed or sold out
- 2
- 0 sold out entirely
Only each manager’s largest 200 positions are listed here, so a smaller holder may be missing.
Managers reporting a position
Largest first. Weight is the share of that manager’s whole reported book, which is the number worth quoting: $400m is a rounding error in one book and a defining bet in another.
| Manager | Value | Weight | Shares | Change on the quarter | Action |
|---|---|---|---|---|---|
| Arrowstreet Capital LP Quantitative · $225bn book | $215m | 0.1% | 7,840,023 | +$22m-693,713 | Trimmed |
| Renaissance Technologies LLC Quantitative · $72.6bn book | $198m | 0.3% | 7,213,667 | +$23m-507,400 | Trimmed |
| Acadian Asset Management LLC Quantitative · $84.2bn book | $167m | 0.2% | 6,062,950 | +$37m+371,965 | Added |
| Soros Fund Management LLC Macro · $8.1bn book | $105m | 1.3% | 103,500,000 | +$6.4m0 | Held |
| Brevan Howard Capital Management LP Macro · $13.5bn book | $20m | 0.1% | 20,000,000 | opened20,000,000 | New |
| Davidson Kempner Capital Management LP Long/short equity · $8.4bn book | $18m | 0.2% | 17,500,000 | opened17,500,000 | New |
| Winton Group Ltd Quantitative · $3.1bn book | $4.4m | 0.1% | 161,162 | opened161,162 | New |
Ownership through time
At least 6 of the 95 managers whose filings are on file listed DBX in Q2 2026, against 14 in Q1 2018. The same number as in Q1 2026: 1 started a position; 1 no longer listed it among the positions read, which can mean a holding below the listed range, a filing that reported no holdings, or a filing not yet made.
Each manager’s largest 500 positions a quarter are read, so a small holding in a very large book can be missing, and a manager is counted as leaving only where its own filing shows it.
- Q1 2018: 14
- Q2 2018: 11
- Q3 2018: 6
- Q4 2018: 10
- Q1 2019: 12
- Q2 2019: 11
- Q3 2019: 15
- Q4 2019: 15
- Q1 2020: 14
- Q2 2020: 19
- Q3 2020: 14
- Q4 2020: 11
- Q1 2021: 8
- Q2 2021: 9
- Q3 2021: 13
- Q4 2021: 15
- Q1 2022: 12
- Q2 2022: 13
- Q3 2022: 9
- Q4 2022: 11
- Q1 2023: 11
- Q2 2023: 10
- Q3 2023: 9
- Q4 2023: 9
- Q1 2024: 9
- Q2 2024: 12
- Q3 2024: 9
- Q4 2024: 11
- Q1 2025: 9
- Q2 2025: 7
- Q3 2025: 8
- Q4 2025: 10
- Q1 2026: 6
- Q2 2026: 6
- Q1 2018: $497m
- Q2 2018: $418m
- Q3 2018: $92m
- Q4 2018: $457m
- Q1 2019: $532m
- Q2 2019: $538m
- Q3 2019: $622m
- Q4 2019: $584m
- Q1 2020: $637m
- Q2 2020: $942m
- Q3 2020: $616m
- Q4 2020: $589m
- Q1 2021: $500m
- Q2 2021: $650m
- Q3 2021: $946m
- Q4 2021: $786m
- Q1 2022: $737m
- Q2 2022: $649m
- Q3 2022: $527m
- Q4 2022: $445m
- Q1 2023: $440m
- Q2 2023: $461m
- Q3 2023: $480m
- Q4 2023: $572m
- Q1 2024: $488m
- Q2 2024: $533m
- Q3 2024: $745m
- Q4 2024: $948m
- Q1 2025: $825m
- Q2 2025: $809m
- Q3 2025: $793m
- Q4 2025: $768m
- Q1 2026: $629m
- Q2 2026: $697m
Between the quarter ends of Q1 2026 and Q2 2026. Each change in shares is valued at the Q2 2026 price, so the price’s own move is left out; a 13F shows the two quarter ends, not when in between anything was bought or sold.
Started in Q2 2026
- Winton Group Ltd$4.4m
Largest increases, by shares
- Acadian Asset Management LLC5,690,985 to 6,062,950 shares+$10m
- Winton Group Ltdnew: 161,162 shares+$4.4m
Largest decreases, by shares
- Arrowstreet Capital LP8,533,736 to 7,840,023 shares-$19m
- Renaissance Technologies LLC7,721,067 to 7,213,667 shares-$14m
- Two Sigma Investments LP4,347,641 to 3,955,667 shares-$11m
- Brevan Howard Capital Management LP205,610 to 137,475 shares-$1.9m
Left it
No manager on file is shown leaving it.
| Manager | Value over time | First listed | Largest | Q2 2026 |
|---|---|---|---|---|
| Arrowstreet Capital LP | Q2 2018 | $215m | $215m | |
| Renaissance Technologies LLC | Q2 2019 | $484m | $198m | |
| Acadian Asset Management LLC | Q2 2020 | $252m | $167m | |
| Two Sigma Investments LP | Q2 2018 | $109m | $109m | |
| Winton Group Ltd | Q2 2020 | $12m | $4.4m | |
| Brevan Howard Capital Management LP | Q2 2024 | $4.7m | $3.8m | |
| Fidelity (FMR LLC) | Q4 2018 | $295m | last listed Q1 2019 | |
| Baupost Group LLC | Q3 2021 | $271m | last listed Q3 2022 | |
| T. Rowe Price Associates Inc | Q1 2018 | $250m | last listed Q2 2018 | |
| Citadel Advisors LLC | Q3 2019 | $139m | last listed Q3 2019 | |
| Two Sigma Advisers LP | Q4 2018 | $132m | last listed Q4 2025 | |
| D. E. Shaw & Co. | Q2 2019 | $105m | last listed Q3 2020 | |
| Janus Henderson Group Ltd | Q2 2021 | $100m | last listed Q1 2024 | |
| AQR Capital Management LLC | Q3 2019 | $100m | last listed Q2 2025 | |
| Elliott Investment Management LP | Q2 2021 | $91m | last listed Q2 2021 | |
| Baillie Gifford & Co | Q1 2018 | $71m | last listed Q1 2023 |
What DBX is worth
Knowing who owns it is half the question. The other half is what it is worth against the companies it trades beside, which is the one an interviewer will follow up with.
Build the comp set around DBX →How much of the picture this is
A Form 13F reports US-listed long equity and nothing else: no shorts, no bonds, no cash and no non-US listings. It arrives forty-five days after the quarter ends, so a manager who sold in July still shows the position in a filing published in August. This page reads the managers on file here rather than every filer in the market, and each manager’s largest positions rather than the whole table, so a small position in a very large book may not appear. Say “their last filing showed” rather than “they own”, and the distinction will do you credit.
What to do with a name the funds are buying
Knowing who owns something is the start of a pitch, not the pitch. The next questions are what it is worth and why they were buying.
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The holdings, every quarter, and the week between
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