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Dutch Bros Inc.

BROS
Exchange
NYSE
Industry
Retail-Eating & Drinking Places
SEC CIK
0001866581

In the last 90 days, Dutch Bros Inc. insiders filed 1 open-market purchase and 0 sales; 559 institutions reported holding it in 13F filings for Q2 2026, worth $9.36B in total; no superinvestor holds it.

13F holders, Q1 2023

Institutional positions in Dutch Bros Inc. as of Mar 31, 2023. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
187
−1 vs. Q4 2022
Shares held
74.3M
−583.6K (−0.8%) vs. Q4 2022
Total value
$2.35B
+$252.3M (+12.0%) vs. Q4 2022
New holders
35
60 more added
Sold out
36
50 more reduced

4 institutions that held it in Q4 2022 haven't filed for Q1 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2022: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting BROS on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ1 2023: 187 institutions
Q1 2021: 0 institutionsQ2 2021: 0 institutionsQ3 2021: 120 institutionsQ4 2021: 150 institutionsQ1 2022: 193 institutionsQ2 2022: 186 institutionsQ3 2022: 191 institutionsQ4 2022: 192 institutionsQ1 2023: 187 institutionsQ2 2023: 187 institutionsQ3 2023: 191 institutionsQ4 2023: 232 institutionsQ1 2024: 269 institutionsQ2 2024: 336 institutionsQ3 2024: 347 institutionsQ4 2024: 400 institutionsQ1 2025: 466 institutionsQ2 2025: 492 institutionsQ3 2025: 450 institutionsQ4 2025: 512 institutionsQ1 2026: 510 institutionsQ2 2026: 559 institutions
Value heldQ1 2023: $2.35B
Q1 2021: $0Q2 2021: $0Q3 2021: $723.7MQ4 2021: $4.20BQ1 2022: $4.42BQ2 2022: $2.37BQ3 2022: $2.31BQ4 2022: $2.10BQ1 2023: $2.35BQ2 2023: $2.06BQ3 2023: $2.07BQ4 2023: $2.89BQ1 2024: $3.05BQ2 2024: $4.06BQ3 2024: $3.33BQ4 2024: $5.30BQ1 2025: $6.28BQ2 2025: $7.23BQ3 2025: $5.98BQ4 2025: $7.27BQ1 2026: $6.68BQ2 2026: $9.36B
Institutions holding BROS and their total value by quarter
QuarterHoldersValue
Q2 2026559$9.36B
Q1 2026510$6.68B
Q4 2025512$7.27B
Q3 2025450$5.98B
Q2 2025492$7.23B
Q1 2025466$6.28B
Q4 2024400$5.30B
Q3 2024347$3.33B
Q2 2024336$4.06B
Q1 2024269$3.05B
Q4 2023232$2.89B
Q3 2023191$2.07B
Q2 2023187$2.06B
Q1 2023187$2.35B
Q4 2022192$2.10B
Q3 2022191$2.31B
Q2 2022186$2.37B
Q1 2022193$4.42B
Q4 2021150$4.20B
Q3 2021120$723.7M
Q2 20210$0
Q1 20210$0

Institutions, Q1 2023

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q4 2022.

Institutions holding BROS in Q1 2023
InstitutionSharesValue% of portfolioChange in sharesAction
TSG Consumer Partners LP53,485,898$1.69B59.26%00.0%Unchanged
FMR LLC6,849,489$216.6M0.02%+645,576+10.4%Added
Vanguard Group Inc3,493,347$110.5M0.00%+66,234+1.9%Added
Franklin Resources Inc1,129,562$35.7M0.02%−155,091−12.1%Reduced
Bank of America Corp991,272$31.4M0.00%+609,213+159.5%Added
BlackRock Inc.594,228$18.8M0.00%+45,518+8.3%Added
Clearbridge Investments, LLC545,597$17.3M0.02%+20,066+3.8%Added
T. Rowe Price Investment Management, Inc.520,616$16.5M0.01%−7,969−1.5%Reduced
Federated Hermes, Inc.445,000$14.1M0.04%+145,000+48.3%Added
American Century Companies Inc403,736$12.8M0.01%−1,124−0.3%Reduced
Goldman Sachs Group Inc383,229$12.1M0.00%+160,840+72.3%Added
Joho Capital LLC356,803$11.3M2.90%+356,803New
LPL Financial LLC319,449$10.1M0.01%−2,564−0.8%Reduced
Geode Capital Management, LLC280,794$8.88M0.00%+5,246+1.9%Added
Sculptor Capital LP253,900$8.03M0.20%+140,800+124.5%Added
Morgan Stanley215,399$6.81M0.00%+25,828+13.6%Added
Citadel Advisors LLC180,427$5.71M0.01%−88,676−33.0%Reduced
State of Michigan Retirement System180,000$5.69M0.04%00.0%Unchanged
Wells Fargo & Company177,947$5.63M0.00%−18,581−9.5%Reduced
Millennium Management LLC172,806$5.47M0.01%−305,596−63.9%Reduced
Becker Capital Management Inc168,748$5.34M0.21%−54,148−24.3%Reduced
Charles Schwab Investment Management Inc152,155$4.81M0.00%−1,027−0.7%Reduced
State Street Corp148,808$4.71M0.00%+24,546+19.8%Added
Advisor Group Holdings, Inc.146,879$4.65M0.01%−20,568−12.3%Reduced
Carnegie Capital Asset Management, LLC137,260$4.34M0.17%+33,960+32.9%Added
State of Wisconsin Investment Board131,359$4.15M0.01%−15,446−10.5%Reduced
Commonwealth Equity Services, LLC122,811$3.88M0.01%−599−0.5%Reduced
Taylor Frigon Capital Management LLC119,686$3.79M2.07%−1,529−1.3%Reduced
Neuberger Berman Group LLC97,761$3.09M0.00%+80,032+451.4%Added
Raymond James Financial Services Advisors, Inc.95,177$3.01M0.01%−1,291−1.3%Reduced
TRUE Private Wealth Advisors79,824$2.52M0.37%−207−0.3%Reduced
Swiss National Bank78,700$2.49M0.00%+16,600+26.7%Added
Cambridge Investment Research Advisors, Inc.77,340$2.45M0.01%+21,375+38.2%Added
Arrowroot Family Office, LLC71,639$2.27M1.93%+71,639New
Northern Trust Corp67,686$2.14M0.00%+5,934+9.6%Added
Raymond James & Associates65,198$2.06M0.00%+15,143+30.3%Added
Jane Street Group, LLC64,025$2.03M0.00%+51,088+394.9%Added
Blair William & Co59,225$1.87M0.01%−9,497−13.8%Reduced
Cetera Advisors LLC59,065$1.87M0.03%−624−1.0%Reduced
IMA Wealth, Inc.50,977$1.61M0.42%+50,977New
Private Wealth Advisors48,399$1.53M0.65%−394−0.8%Reduced
EFG Asset Management (North America) Corp.45,947$1.45M0.32%+11,023+31.6%Added
Sigma Planning Corp45,677$1.44M0.05%+18,235+66.4%Added
Susquehanna International Group, LLP40,562$1.28M0.00%+40,562New
Symmetry Investments LP38,916$1.23M0.59%+38,916New
BlueCrest Capital Management Ltd35,663$1.13M0.12%+35,663New
Aigen Investment Management, LP35,417$1.12M0.15%+28,005+377.8%Added
Squarepoint Ops LLC35,191$1.11M0.01%+35,191New
Stifel Financial Corp33,098$1.05M0.00%−18,980−36.4%Reduced
California State Teachers Retirement System32,006$1.01M0.00%+9,661+43.2%Added
Credit Suisse AG31,937$1.01M0.00%+10,024+45.7%Added
Financial Advocates Investment Management31,795$1.01M0.08%+2,700+9.3%Added
Hussman Strategic Advisors, Inc.31,000$980.5K0.15%00.0%Unchanged
UBS Group AG28,432$899.3K0.00%−85,208−75.0%Reduced
Verus Capital Partners, LLC26,819$848.3K0.13%+6,317+30.8%Added
Royal Fund Management, LLC26,000$822.4K0.12%+21,600+490.9%Added
Ameriprise Financial Inc25,552$808.2K0.00%+9,887+63.1%Added
Bank of New York Mellon Corp24,615$778.6K0.00%−1,494−5.7%Reduced
Nomura Holdings Inc23,691$749.3K0.01%+23,691New
Wealth Management Partners, LLC23,480$742.7K0.52%+480+2.1%Added
Kestra Advisory Services, LLC22,985$727.0K0.01%−5,660−19.8%Reduced
UBS Asset Management Americas Inc21,472$679.2K0.00%−8,359−28.0%Reduced
Kingsview Wealth Management, LLC20,614$652.0K0.03%+5,852+39.6%Added
Aquatic Capital Management LLC20,000$633.0K0.04%+1,300+7.0%Added
Independent Advisor Alliance19,929$630.4K0.03%+4,502+29.2%Added
Janus Henderson Group PLC19,623$620.6K0.00%+19,623New
CIBC Private Wealth Group, LLC18,000$569.3K0.00%+2,285+14.5%Added
Mirae Asset Global Investments Co., Ltd.17,413$550.8K0.00%+17,413New
Kestra Private Wealth Services, LLC17,044$539.1K0.02%+17,044New
Belpointe Asset Management LLC16,664$527.1K0.03%−598−3.5%Reduced
Dimensional Fund Advisors LP15,747$498.1K0.00%+2,615+19.9%Added
Wedbush Securities Inc15,656$495.0K0.02%+1,975+14.4%Added
Baird Financial Group, Inc.15,441$488.4K0.00%+530+3.6%Added
Orca Investment Management, LLC15,362$485.9K0.60%−93−0.6%Reduced
HighTower Advisors, LLC15,269$479.0K0.00%+530+3.6%Added
JPMorgan Chase & Co15,020$475.3K0.00%+1,803+13.6%Added
Legal & General Group Plc14,557$460.4K0.00%+7,649+110.7%Added
TD Asset Management Inc14,488$458.3K0.00%00.0%Unchanged
Cetera Advisor Networks LLC14,425$456.3K0.00%+1,382+10.6%Added
Creative Planning13,647$431.7K0.00%+766+5.9%Added
Royal Bank of Canada13,479$426.0K0.00%−2,703−16.7%Reduced
RB Capital Management, LLC12,827$405.7K0.13%+2,063+19.2%Added
D.A. Davidson & Co.12,705$401.9K0.00%−657−4.9%Reduced
Janney Montgomery Scott LLC12,591$398.0K0.00%−313−2.4%Reduced
Dynamic Advisor Solutions LLC12,149$384.3K0.02%+12,149New
Independent Financial Group, LLC11,950$378.0K0.03%−1,661−12.2%Reduced
Capital Fund Management S.A.11,700$370.1K0.01%+11,700New
Renaissance Capital LLC11,265$356.3K0.26%−1,143−9.2%Reduced
Steward Partners Investment Advisory, LLC11,100$351.1K0.01%+1,000+9.9%Added
Arizona State Retirement System10,556$333.9K0.00%+3,301+45.5%Added
First Trust Advisors LP10,514$332.6K0.00%−23,276−68.9%Reduced
Truist Financial Corp10,457$330.8K0.00%+2,299+28.2%Added
Inspire Advisors, LLC10,280$325.2K0.07%+2,038+24.7%Added
Cetera Investment Advisers9,428$298.2K0.00%−72−0.8%Reduced
Triton Wealth Management, PLLC10,163$294.7K0.18%−506−4.7%Reduced
U.S. Capital Wealth Advisors, LLC9,300$294.2K0.01%−200−2.1%Reduced
Summit Place Financial Advisors, LLC9,200$291.0K0.21%+9,200New
Verition Fund Management LLC9,052$286.3K0.00%+9,052New
Hedges Asset Management LLC9,000$284.7K0.24%+9,000New
Atria Wealth Solutions, Inc.8,585$271.5K0.00%+779+10.0%Added