Who owns Dell (DELL)?
93 holders named in SEC filings declare between 72.7% and 79.8% of Dell's shares outstanding, as of Sep 23, 2026. The largest are Michael S. Dell (41.8%), Silver Lake (6.7%) and Vanguard (4.7%); the five largest hold 59.1% together. Another 2,040 institutions hold small positions worth 6.3%. At least 13.9% of the shares appear in no ownership filing: investors who do not have to report, mostly individuals. From Mar 31, 2026 to Jun 30, 2026, institutions that filed both quarters bought 4.4% and sold 6.6% of the shares, a net sale of 2.3%; 573 opened a position, 564 added, 735 reduced and 102 sold out. Biggest buyers: JPMorgan (+7.4M shares) and Wellington (+1.5M shares). Biggest sellers: Invesco (-5.9M) and Jane Street (-3.8M). Schedule 13D/G filings since Mar 31, 2026: Silver Lake Group, L.L.C. cut its stake to 6.7% on Sep 9, 2026. Directors and officers, from their latest Form 4: Jeffrey W. Clarke (0.28%) and Egon Durban (0.27%). Over time, 2,112 managers declared Dell in their 13F for Q2 2026, against 556 for Q4 2019: together at most 35.9% of the shares outstanding, against 21.4%.
| Holder | Filing | Share of capital | As of | Holding since (13F) |
|---|---|---|---|---|
| Michael S. Dell | 13G | 41.8% | Dec 31, 2025 | — |
| Silver Lake | 13D | 6.7% | Sep 9, 2026 | — |
| Vanguard | 13F | 4.7% | Jun 30, 2026 | Q4 2019 or earlier |
| BlackRock | 13F | 3.8% | Jun 30, 2026 | Q4 2019 or earlier |
| State Street | 13F | 2.2% | Jun 30, 2026 | Q4 2019 or earlier |
| Bank of America | 13F | 1.7% | Jun 30, 2026 | Q4 2019 or earlier |
| JPMorgan | 13F | 1.6% | Jun 30, 2026 | Q4 2019 or earlier |
| Geode Capital | 13F | 1.2% | Jun 30, 2026 | Q4 2019 or earlier |
| Morgan Stanley | 13F | 1.1% | Jun 30, 2026 | Q4 2019 or earlier |
| Fidelity (FMR) | 13F | 0.89% | Jun 30, 2026 | Q4 2019 or earlier |
| Goldman Sachs | 13F | 0.86% | Jun 30, 2026 | Q4 2019 or earlier |
| UBS | 13F | 0.79% | Jun 30, 2026 | Q4 2019 or earlier |
| Norges Bank | 13F | 0.68% | Jun 30, 2026 | Q4 2019 or earlier |
| Boston Partners | 13F | 0.50% | Jun 30, 2026 | Q2 2023 |
| Invesco | 13F | 0.48% | Jun 30, 2026 | Q4 2019 or earlier |
| Northern Trust | 13F | 0.43% | Jun 30, 2026 | Q4 2019 or earlier |
| Wellington | 13F | 0.40% | Jun 30, 2026 | Q4 2019 or earlier |
| Michael & Susan Dell Foundation | 13F | 0.39% | Jun 30, 2026 | Q4 2024 |
| LSV ASSET MANAGEMENT | 13F | 0.38% | Jun 30, 2026 | Q4 2019 or earlier |
| Jane Street | 13F | 0.36% | Jun 30, 2026 | Q4 2019 or earlier |
| T. Rowe Price | 13F | 0.35% | Jun 30, 2026 | Q4 2019 or earlier |
| NORDEA INVESTMENT MANAGEMENT AB | 13F | 0.34% | Jun 30, 2026 | Q4 2019 or earlier |
| Legal & General | 13F | 0.33% | Jun 30, 2026 | Q4 2019 or earlier |
| Nuveen | 13F | 0.30% | Jun 30, 2026 | Q4 2019 or earlier |
| Charles Schwab | 13F | 0.29% | Jun 30, 2026 | Q4 2019 or earlier |
Dell institutional ownership over time
| Quarter | 13F managers | Share of the company (upper bound) | Value declared | Held by stock pickers |
|---|---|---|---|---|
| Q4 2019 | 556 | 21.4% | $8.5B | 77.3% |
| Q4 2020 | 627 | 26.7% | $15.1B | 72.6% |
| Q4 2021 | 685 | 28.7% | $12.7B | 70.2% |
| Q4 2022 | 651 | 25.7% | $7.7B | 61.2% |
| Q4 2023 | 834 | 26.0% | $14.7B | 68.8% |
| Q4 2024 | 1,289 | 33.9% | $28.0B | 50.9% |
| Q4 2025 | 1,505 | 37.8% | $32.4B | 42.2% |
| Q2 2026 | 2,112 | 35.9% | $101.3B | 44.9% |
From SEC Form 13F, every quarter since the end of 2019, read like the current quarter: entities of a house summed, a value contradicting its share count set aside. The share of the company is an upper bound — two managers can declare the same shares — over the shares outstanding at that date.