Arrowstreet Capital, Limited Partnership and Arrowstreet Capital Holding LLC filed an amended Schedule 13G with the SEC on November 13, 2026, disclosing a 5.0% beneficial ownership position in Dropbox Inc as of September 30, 2026.

Key Highlights

  • Aggregate beneficial ownership: 7,044,711 common shares of Dropbox Inc, representing 5.0% of the class
  • Sole voting power: 6,934,777 shares held with sole voting power; shared voting power reported as 0
  • Sole dispositive power: 7,044,711 shares held with sole dispositive power; shared dispositive power reported as 0
  • Event date: The date of the event requiring this filing is September 30, 2026
  • Filing entities: Arrowstreet Capital, Limited Partnership (Massachusetts) acts as investment adviser; Arrowstreet Capital Holding LLC (Delaware) is its ultimate parent company
  • Shares held on behalf of clients: According to the filing, the securities are held by investment advisory clients of Arrowstreet Capital, Limited Partnership

Arrowstreet Capital Discloses 7,044,711 Dropbox Shares in Amendment

Arrowstreet Capital, Limited Partnership ("ASC") and Arrowstreet Capital Holding LLC ("ACH") jointly filed Amendment No. 1 to a Schedule 13G covering common shares of Dropbox Inc (CUSIP 26210C104). The filing was submitted on November 13, 2026 and reflects holdings as of September 30, 2026. The two reporting persons are both headquartered at 200 Clarendon Street, Boston, Massachusetts 02116. ASC is organized in Massachusetts and classified as an investment adviser; ACH is organized in Delaware and classified as a parent holding company.

According to the filing, the aggregate amount beneficially owned by each reporting person is 7,044,711 shares, representing 5.0% of Dropbox's common shares outstanding. Of that total, 6,934,777 shares carry sole voting power, while the remaining shares carry no voting authority. All 7,044,711 shares carry sole dispositive power. No shares are reported with shared voting or shared dispositive power by either entity.

The filing states that the securities "are held by investment advisory clients of ASC" and that ASC filed "in its capacity as investment adviser to a number of its investment advisory clients," while ACH filed in its capacity as ASC's ultimate parent. The filing also states that "no such investment advisory client of ASC is known by ASC or by ACH to hold more than five percent of the class of securities to which this schedule relates." The certifications affirm that the securities "were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer."

What Was Disclosed

Arrowstreet Capital, Limited Partnership and its parent Arrowstreet Capital Holding LLC disclosed a combined 7,044,711-share beneficial ownership position in Dropbox Inc, equal to 5.0% of the class, through an amended Schedule 13G filed November 13, 2026 and reflecting a September 30, 2026 event date.