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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, Q3 2023

Institutional positions in Dutch Bros Inc. as of Sep 30, 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
191
+8 vs. Q2 2023
Shares held
89.2M
+16.8M (+23.2%) vs. Q2 2023
Total value
$2.07B
+$13.7M (+0.7%) vs. Q2 2023
New holders
37
74 more added
Sold out
29
41 more reduced

4 institutions that held it in Q2 2023 haven't filed for Q3 2023 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q2 2023: 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 holdersQ3 2023: 191 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 heldQ3 2023: $2.07B
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, Q3 2023

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q2 2023.

Institutions holding BROS in Q3 2023
InstitutionSharesValue% of portfolioChange in sharesAction
TSG Consumer Partners LP53,485,898$1.24B64.29%00.0%Unchanged
FMR LLC8,581,751$199.5M0.02%+2,578,145+42.9%Added
Vanguard Group Inc4,614,550$107.3M0.00%+1,120,908+32.1%Added
T. Rowe Price Investment Management, Inc.3,976,492$92.5M0.07%+3,423,048+618.5%Added
Citadel Advisors LLC3,059,373$71.1M0.08%+2,739,484+856.4%Added
Marshall Wace, LLP1,421,575$33.1M0.07%+1,235,479+663.9%Added
American Century Companies Inc1,177,148$27.4M0.02%+773,616+191.7%Added
BlackRock Inc.957,042$22.3M0.00%+349,123+57.4%Added
Bank of America Corp932,683$21.7M0.00%+441,018+89.7%Added
Clearbridge Investments, LLC863,638$20.1M0.02%−4,119−0.5%Reduced
Geode Capital Management, LLC497,202$11.6M0.00%+208,918+72.5%Added
Invesco Ltd.496,712$11.5M0.00%+496,712New
Goldman Sachs Group Inc443,947$10.3M0.00%+115,510+35.2%Added
Citigroup Inc437,910$10.2M0.01%+420,798+2,459.1%Added
Fuller & Thaler Asset Management, Inc.424,121$9.86M0.06%+424,121New
Federated Hermes, Inc.400,000$9.30M0.02%+100,000+33.3%Added
Davidson Kempner Capital Management LP365,000$8.49M0.13%+365,000New
LPL Financial LLC359,369$8.36M0.01%+11,139+3.2%Added
Crestwood Capital Management, L.P.320,000$7.44M5.64%+320,000New
Charles Schwab Investment Management Inc282,781$6.57M0.00%+129,016+83.9%Added
Ghisallo Capital Management LLC268,154$6.23M0.64%+268,154New
Joho Capital LLC254,803$5.92M1.33%+254,803New
Alyeska Investment Group, L.P.248,640$5.78M0.04%+248,640New
State Street Corp237,977$5.53M0.00%+87,589+58.2%Added
Squarepoint Ops LLC237,567$5.52M0.03%+168,975+246.3%Added
Allspring Global Investments Holdings, LLC226,889$5.28M0.01%+226,889New
Sculptor Capital LP200,600$4.66M0.11%−123,100−38.0%Reduced
Walleye Capital LLC193,849$4.51M0.07%+31,783+19.6%Added
State of Michigan Retirement System180,000$4.18M0.03%00.0%Unchanged
Park West Asset Management LLC165,000$3.84M0.35%+165,000New
Morgan Stanley154,945$3.60M0.00%−4,789−3.0%Reduced
Verition Fund Management LLC148,388$3.45M0.05%+148,388New
UBS Group AG144,484$3.36M0.00%+87,781+154.8%Added
National Bank of Canada138,400$3.25M0.01%−164,300−54.3%Reduced
Blair William & Co138,825$3.23M0.01%+19,100+16.0%Added
Northern Trust Corp123,488$2.87M0.00%+53,916+77.5%Added
State of Wisconsin Investment Board121,823$2.83M0.01%−7,834−6.0%Reduced
Swiss National Bank119,900$2.79M0.00%+40,300+50.6%Added
Taylor Frigon Capital Management LLC117,290$2.73M1.52%−1,507−1.3%Reduced
Aquatic Capital Management LLC114,000$2.65M0.11%+61,000+115.1%Added
Commonwealth Equity Services, LLC111,912$2.60M0.01%−2,242−2.0%Reduced
Capital Fund Management S.A.90,397$2.10M0.03%+34,170+60.8%Added
Jane Street Group, LLC90,119$2.10M0.00%+67,790+303.6%Added
TRUE Private Wealth Advisors80,202$1.86M0.26%−948−1.2%Reduced
Advisor Group Holdings, Inc.77,570$1.80M0.00%−84,708−52.2%Reduced
Norges Bank74,682$1.74M0.00%+74,682New
SEI Investments Co71,481$1.66M0.00%+71,481New
Ameriprise Financial Inc67,981$1.58M0.00%+45,436+201.5%Added
Raymond James & Associates63,511$1.48M0.00%−47,926−43.0%Reduced
Cetera Advisors LLC58,816$1.37M0.02%+327+0.6%Added
Holocene Advisors, LP55,719$1.30M0.01%−26,067−31.9%Reduced
Arrowroot Family Office, LLC55,514$1.29M1.02%+204+0.4%Added
Legal & General Group Plc53,005$1.23M0.00%+23,604+80.3%Added
Private Wealth Advisors48,601$1.13M0.50%−69−0.1%Reduced
California State Teachers Retirement System48,037$1.12M0.00%+15,892+49.4%Added
Seven Grand Managers, LLC47,886$1.11M1.49%+47,886New
Raymond James Financial Services Advisors, Inc.46,710$1.09M0.00%+5,406+13.1%Added
IMA Wealth, Inc.46,226$1.07M0.28%−1,179−2.5%Reduced
Dark Forest Capital Management LP45,724$1.06M0.09%+45,724New
UBS Asset Management Americas Inc38,943$905.4K0.00%+17,471+81.4%Added
Wells Fargo & Company38,925$905.0K0.00%+8,312+27.2%Added
Parallax Volatility Advisers, L.P.38,244$889.2K0.03%+38,244New
Credit Suisse AG36,109$839.5K0.00%+31+0.1%Added
Bank of Montreal32,800$834.4K0.00%00.0%Unchanged
EFG Asset Management (North America) Corp.33,678$782.8K0.19%+4,398+15.0%Added
Financial Advocates Investment Management33,495$778.8K0.06%−265−0.8%Reduced
Dimensional Fund Advisors LP33,174$771.3K0.00%+16,939+104.3%Added
Wesbanco Bank Inc32,785$762.3K0.03%+9,800+42.6%Added
Comerica Bank32,648$759.1K0.00%+32,648New
Bank of New York Mellon Corp30,973$720.1K0.00%+6,681+27.5%Added
Capstone Investment Advisors, LLC30,591$711.2K0.02%+5,584+22.3%Added
JPMorgan Chase & Co29,569$687.5K0.00%+11,037+59.6%Added
Qube Research & Technologies Ltd27,513$639.7K0.00%+27,513New
Cambridge Investment Research Advisors, Inc.27,109$630.0K0.00%−55,116−67.0%Reduced
Baird Financial Group, Inc.27,081$629.6K0.00%+7,850+40.8%Added
Royal Fund Management, LLC24,500$569.6K0.08%−200−0.8%Reduced
TD Asset Management Inc23,778$552.8K0.00%+8,890+59.7%Added
Wealth Management Partners, LLC23,652$549.9K0.34%+172+0.7%Added
Neuberger Berman Group LLC23,589$548.4K0.00%−308−1.3%Reduced
Verus Capital Partners, LLC22,772$529.4K0.07%−1,769−7.2%Reduced
Mirae Asset Global Investments Co., Ltd.21,796$506.8K0.00%−4,014−15.6%Reduced
Susquehanna International Group, LLP21,507$500.0K0.00%+21,507New
Versor Investments LP20,673$480.6K0.10%+20,673New
Kestra Private Wealth Services, LLC19,654$457.0K0.01%+995+5.3%Added
Janus Henderson Group PLC19,603$455.7K0.00%+10.0%Added
U.S. Capital Wealth Advisors, LLC19,250$447.6K0.02%+9,750+102.6%Added
Barclays PLC18,774$436.5K0.00%+12,109+181.7%Added
Renaissance Capital LLC17,165$399.1K0.21%+4,034+30.7%Added
Orca Investment Management, LLC16,844$391.6K0.43%+1,847+12.3%Added
Virtu Financial LLC16,795$390.0K0.04%+16,795New
Janney Montgomery Scott LLC16,473$383.0K0.00%+2,699+19.6%Added
Independent Advisor Alliance16,432$382.1K0.02%−3,263−16.6%Reduced
Stifel Financial Corp16,206$376.8K0.00%−13,970−46.3%Reduced
Royal Bank of Canada16,132$376.0K0.00%−249−1.5%Reduced
Independent Financial Group, LLC16,126$374.9K0.02%+3,294+25.7%Added
HighTower Advisors, LLC16,082$373.0K0.00%−3,130−16.3%Reduced
Steward Partners Investment Advisory, LLC15,875$369.1K0.01%+4,200+36.0%Added
Jamison Private Wealth Management, Inc.14,992$348.6K0.07%+14,992New
Inspire Advisors, LLC14,635$340.3K0.06%+3,507+31.5%Added
Dynamic Technology Lab Private Ltd14,528$338.0K0.03%+14,528New