Dropbox, Inc.
MX ˙ BMV ˙ US26210C1045
SecurityMX:DBX / Dropbox, Inc.
InstitutionDeutsche Bank Ag\
Latest Disclosed Ownership399,518 shares
Latest Disclosed Value $ 9,077,047
Deutsche Bank Ag\ reports 27.04% decrease in ownership of DBX / Dropbox, Inc.

On May 6, 2026 - Deutsche Bank Ag\ filed a 13F-HR form disclosing ownership of 399,518 shares of Dropbox, Inc. (MX:DBX) valued at $9,077,047 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 11, 2026 disclosing 547,613 shares of Dropbox, Inc.. This represents a change in shares of -27.04% during the quarter.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

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Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-06 2026-03-31 13F DROPBOX CL A 26210C104 399,518 -148,095 -27.04 9,077 -40.37 0.0006
2026-02-11 2025-12-31 13F DROPBOX CL A 26210C104 547,613 -189,667 -25.73 15,224 -31.65 0.0050
2025-11-13 2025-09-30 13F DROPBOX CL A 26210C104 737,280 -84,354 -10.27 22,273 -5.21 0.0075
2025-08-12 2025-06-30 13F DROPBOX CL A 26210C104 821,634 -38,404 -4.47 23,499 2.29 0.0087
2025-05-09 2025-03-31 13F DROPBOX CL A 26210C104 860,038 -43,268 -4.79 22,972 -15.35 0.0091
2025-06-30 2024-12-31 13F/A-1 DROPBOX CL A 26210C104 903,306 -413,006 -31.38 27,135 -18.93 0.0106
2025-02-14 2024-12-31 13F DROPBOX CL A 26210C104 903,306 -413,006 27,135 0.0106
2025-06-26 2024-09-30 13F/A-1 DROPBOX CL A 26210C104 1,316,312 -226,157 -14.66 33,474 -3.42 0.0136
2024-11-13 2024-09-30 13F DROPBOX CL A 26210C104 1,316,312 -226,157 33,474 0.0136
2025-06-12 2024-06-30 13F/A-1 DROPBOX CL A 26210C104 1,542,469 481,572 45.39 34,659 34.45 0.0156
2024-08-14 2024-06-30 13F DROPBOX CL A 26210C104 1,542,469 481,572 34,659 0.0156
2025-06-02 2024-03-31 13F/A-1 DROPBOX CL A 26210C104 1,060,897 199,254 23.12 25,780 1.49 0.0120
2024-05-15 2024-03-31 13F DROPBOX CL A 26210C104 1,060,897 199,254 25,780 0.0120
2024-02-14 2023-12-31 13F DROPBOX CL A 26210C104 861,643 453,691 111.21 25,401 128.67 0.0130
2023-11-24 2023-09-30 13F/A-1 DROPBOX CL A 26210C104 407,952 -4,024,429 -90.80 11,109 -90.60 0.0072
2023-11-09 2023-09-30 13F DROPBOX CL A 26210C104 407,952 -4,024,429 11,109 0.0015
2023-08-14 2023-06-30 13F DROPBOX CL A 26210C104 4,432,381 67,482 1.55 118,212 25.26 0.0628
2023-05-15 2023-03-31 13F DROPBOX CL A 26210C104 4,364,899 -532,555 -10.87 94,369 -13.90 0.0525
2023-02-13 2022-12-31 13F DROPBOX CL A 26210C104 4,897,454 2,681,853 121.04 109,605 138.75 0.0631
2022-11-14 2022-09-30 13F DROPBOX CL A 26210C104 2,215,601 -316,624 -12.50 45,907 -13.63 0.0277
2022-08-11 2022-06-30 13F DROPBOX CL A 26210C104 2,532,225 507,974 25.09 53,150 12.93 0.0297
2022-05-13 2022-03-31 13F DROPBOX CL A 26210C104 2,024,251 683,994 51.03 47,064 43.10 0.0220
2022-02-16 2021-12-31 13F/A-1 DROPBOX CL A 26210C104 1,340,257 -159,000 -10.61 32,890 -24.92 0.0148
2022-02-11 2021-12-31 13F DROPBOX CL A 26210C104 1,340,257 -159,000 32,890 0.0148
2021-11-04 2021-09-30 13F DROPBOX CL A 26210C104 1,499,257 -138,291 -8.45 43,809 -11.74 0.0208
2021-08-11 2021-06-30 13F DROPBOX CL A 26210C104 1,637,548 -219,417 -11.82 49,636 0.26 0.0241
2021-05-13 2021-03-31 13F DROPBOX CL A 26210C104 1,856,965 -1,739,039 -48.36 49,507 -37.96 0.0267
2021-02-16 2020-12-31 13F DROPBOX CL A 26210C104 3,596,004 -157,919 -4.21 79,796 10.37 0.0487
2020-11-12 2020-09-30 13F DROPBOX CL A 26210C104 3,753,923 2,374,382 172.11 72,301 140.75 0.0497
2020-08-13 2020-06-30 13F DROPBOX CL A 26210C104 1,379,541 519,593 60.42 30,031 92.93 0.0228
2020-05-14 2020-03-31 13F DROPBOX CL A 26210C104 859,948 -539,910 -38.57 15,566 -37.90 0.0139
2020-02-14 2019-12-31 13F DROPBOX CL A 26210C104 1,399,858 486,430 53.25 25,068 36.09 0.0163
2019-11-14 2019-09-30 13F DROPBOX CL A 26210C104 913,428 -467,466 -33.85 18,420 -46.75 0.0128
2019-08-14 2019-06-30 13F DROPBOX CL A 26210C104 1,380,894 487,190 54.51 34,590 77.56 0.0203
2019-05-15 2019-03-31 13F DROPBOX CL A 26210C104 893,704 -335,596 -27.30 19,481 -22.43 0.0116
2019-04-01 2018-12-31 13F/A-1 DROPBOX CL A 26210C104 1,229,300 1,229,300 37.55 25,113 28.91 0.0178
2019-02-14 2018-12-31 13F DROPBOX CL A 26210C104 1,229,300 1,229,300 25,113
2018-11-14 2018-09-30 13F DROPBOX CL A 26210C104 0 -35,100 -100.00 0 -100.00
2020-04-21 2018-06-30 13F/A-1 DROPBOX CL A 26210C104 35,100 -95,148 -73.05 1,138 -72.04 0.0006
2018-08-14 2018-06-30 13F DROPBOX CL A 26210C104 35,100 -95,148 1,137 755.1926
2019-10-23 2018-03-31 13F/A-2 DROPBOX CL A 26210C104 130,248 130,248 4,070 0.0019
2019-10-18 2018-03-31 13F/A-1 DROPBOX CL A 26210C104 130,248 0 4,070 0.0019
2018-05-15 2018-03-31 13F DROPBOX CL A 26210C104 130,248 4,070 0.0026
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.