Ray Dalio's DBX Position Overview
Ray Dalio (via Bridgewater Associates, Lp) currently holds 600,252 shares of Dropbox, Inc. (DBX) worth $16.69 M, representing 0.06% of the portfolio. First purchased in 2021-Q3, this medium-term investment has been held for 16 quarters.
Based on 13F filings, Ray Dalio has maintained a strategic position in DBX, demonstrating sustained confidence in this investment. Largest addition occurred in Q2 2024, adding 510,813 shares. Largest reduction occurred in Q1 2025, reducing 440,484 shares.
Analysis based on 13F filings available since 2013 Q2
Ray Dalio's Dropbox (DBX) Holding Value Over Time
Track share changes against reported price movement
Quarterly Dropbox (DBX) Trades by Ray Dalio
| Report Date | Bought/Sold (Sh.) | % Change | Qtr. End Shares | Reported Price |
|---|---|---|---|---|
| Q3 2021 | +7,324 | New Buy | 7,324 | $29.22 |
| Q4 2021 | -7,324 | Sold Out | 0 | $0.00 |
| Q1 2022 | +20,208 | New Buy | 20,208 | $23.26 |
| Q2 2022 | +4,276 | Add 21.16% | 24,484 | $20.99 |
| Q3 2022 | -9,700 | Reduce 39.62% | 14,784 | $20.70 |
| Q4 2022 | +4,264 | Add 28.84% | 19,048 | $22.38 |
| Q1 2023 | -19,048 | Sold Out | 0 | $0.00 |
| Q2 2023 | +120,013 | New Buy | 120,013 | $26.67 |
| Q3 2023 | -120,013 | Sold Out | 0 | $0.00 |
| Q2 2024 | +510,813 | New Buy | 510,813 | $22.47 |
| Q3 2024 | +192,199 | Add 37.63% | 703,012 | $25.43 |
| Q4 2024 | +278,902 | Add 39.67% | 981,914 | $30.04 |
| Q1 2025 | -440,484 | Reduce 44.86% | 541,430 | $26.71 |
| Q2 2025 | -253,380 | Reduce 46.80% | 288,050 | $28.60 |
| Q3 2025 | +497,436 | Add 172.69% | 785,486 | $30.21 |
| Q4 2025 | -185,234 | Reduce 23.58% | 600,252 | $27.80 |
Ray Dalio's Dropbox Investment FAQs
Ray Dalio first purchased Dropbox, Inc. (DBX) in Q3 2021, acquiring 7,324 shares, as reported in their 13F filing for that period. Note: Analysis reflects filings available since Q2 2013; earlier records may be incomplete.
Ray Dalio has held Dropbox, Inc. (DBX) for 16 quarters since Q3 2021.
Ray Dalio's largest addition to Dropbox, Inc. (DBX) was in Q2 2024, adding 510,813 shares worth $11.48 M.
According to the latest 13F filing for Q4 2025, Ray Dalio's firm, Bridgewater Associates, Lp, owns 600,252 shares of Dropbox, Inc. (DBX), valued at approximately $16.69 M.
As of the Q4 2025 filing, Dropbox, Inc. (DBX) represents approximately 0.06% of Ray Dalio's publicly disclosed stock portfolio, making it one of their key holdings.
Ray Dalio's peak holding in Dropbox, Inc. (DBX) was 981,914 shares, as reported at the end of Q4 2024.