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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, Q4 2023

Institutional positions in Dutch Bros Inc. as of Dec 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
232
+41 vs. Q3 2023
Shares held
91.2M
+1.99M (+2.2%) vs. Q3 2023
Total value
$2.89B
+$813.6M (+39.2%) vs. Q3 2023
New holders
70
86 more added
Sold out
29
46 more reduced

Compare with Q3 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 holdersQ4 2023: 232 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 heldQ4 2023: $2.89B
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, Q4 2023

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q3 2023.

Institutions holding BROS in Q4 2023
InstitutionSharesValue% of portfolioChange in sharesAction
TSG Consumer Partners LP46,550,828$1.47B69.70%−6,935,070−13.0%Reduced
FMR LLC7,815,803$247.5M0.02%−765,948−8.9%Reduced
Vanguard Group Inc4,750,468$150.4M0.00%+135,918+2.9%Added
T. Rowe Price Investment Management, Inc.4,166,582$132.0M0.09%+190,090+4.8%Added
Citadel Advisors LLC3,959,386$125.4M0.13%+900,013+29.4%Added
Marshall Wace, LLP2,196,555$69.6M0.13%+774,980+54.5%Added
American Century Companies Inc1,408,492$44.6M0.03%+231,344+19.7%Added
Point72 Asset Management, L.P.1,173,555$37.2M0.11%+1,173,555New
BlackRock Inc.1,065,942$33.8M0.00%+108,900+11.4%Added
Driehaus Capital Management LLC912,066$28.9M0.35%+912,066New
Clearbridge Investments, LLC863,657$27.4M0.02%+190.0%Added
Bank of America Corp850,278$26.9M0.00%−82,405−8.8%Reduced
Goldman Sachs Group Inc585,805$18.6M0.00%+141,858+32.0%Added
Balyasny Asset Management LLC578,852$18.3M0.05%+578,852New
Geode Capital Management, LLC550,410$17.4M0.00%+53,208+10.7%Added
Susquehanna International Group, LLP477,694$15.1M0.03%+456,187+2,121.1%Added
Fuller & Thaler Asset Management, Inc.474,853$15.0M0.08%+50,732+12.0%Added
Weiss Multi-Strategy Advisers LLC444,474$14.1M0.36%+444,474New
Fenimore Asset Management Inc429,758$13.6M0.32%+429,758New
Federated Hermes, Inc.400,000$12.7M0.03%00.0%Unchanged
Morgan Stanley387,484$12.3M0.00%+232,539+150.1%Added
D. E. Shaw & Co., Inc.387,337$12.3M0.02%+387,337New
Davidson Kempner Capital Management LP371,038$11.8M0.21%+6,038+1.7%Added
LPL Financial LLC367,980$11.7M0.01%+8,611+2.4%Added
Citigroup Inc366,839$11.6M0.02%−71,071−16.2%Reduced
Ghisallo Capital Management LLC350,000$11.1M1.15%+81,846+30.5%Added
Millennium Management LLC335,058$10.6M0.01%+335,058New
UBS Group AG327,142$10.4M0.00%+182,658+126.4%Added
Crestwood Capital Management, L.P.321,097$10.2M6.02%+1,097+0.3%Added
Charles Schwab Investment Management Inc296,939$9.40M0.00%+14,158+5.0%Added
Sculptor Capital LP295,800$9.37M0.24%+95,200+47.5%Added
Invesco Ltd.290,877$9.21M0.00%−205,835−41.4%Reduced
Verition Fund Management LLC290,113$9.19M0.09%+141,725+95.5%Added
Cubist Systematic Strategies, LLC286,362$9.07M0.11%+286,362New
State Street Corp281,261$8.91M0.00%+43,284+18.2%Added
Jane Street Group, LLC271,046$8.58M0.01%+180,927+200.8%Added
Joho Capital LLC258,003$8.17M1.48%+3,200+1.3%Added
Barclays PLC206,076$6.53M0.00%+187,302+997.7%Added
Aquatic Capital Management LLC197,500$6.25M0.16%+83,500+73.2%Added
Landscape Capital Management, L.L.C.193,602$6.13M0.55%+193,602New
Concurrent Investment Advisors, LLC181,119$5.74M0.27%+181,119New
State of Michigan Retirement System180,000$5.70M0.03%00.0%Unchanged
Allspring Global Investments Holdings, LLC179,721$5.69M0.01%−47,168−20.8%Reduced
Northern Trust Corp169,675$5.37M0.00%+46,187+37.4%Added
HRT Financial LP163,462$5.18M0.04%+163,462New
National Bank of Canada147,100$4.57M0.01%+8,700+6.3%Added
Blair William & Co143,337$4.54M0.02%+4,512+3.3%Added
Two Sigma Investments, LP138,740$4.39M0.01%+138,740New
State of Wisconsin Investment Board137,695$4.36M0.01%+15,872+13.0%Added
Jump Financial, LLC128,500$4.07M0.13%+128,500New
Nordea Investment Management AB121,508$3.85M0.00%+121,508New
Taylor Frigon Capital Management LLC114,010$3.61M1.81%−3,280−2.8%Reduced
Holocene Advisors, LP112,156$3.55M0.01%+56,437+101.3%Added
Commonwealth Equity Services, LLC111,872$3.54M0.01%−400.0%Reduced
Woodline Partners LP110,782$3.51M0.04%+110,782New
Swiss National Bank110,300$3.49M0.00%−9,600−8.0%Reduced
Squarepoint Ops LLC103,759$3.29M0.01%−133,808−56.3%Reduced
Twinbeech Capital LP101,007$3.20M0.05%+101,007New
Wells Fargo & Company97,568$3.09M0.00%+58,643+150.7%Added
Capital Fund Management S.A.95,005$3.01M0.04%+4,608+5.1%Added
Schonfeld Strategic Advisors LLC94,700$3.00M0.02%+94,700New
Boulder Hill Capital Management LP78,400$2.48M1.33%+78,400New
Advisor Group Holdings, Inc.78,152$2.47M0.00%+582+0.8%Added
TRUE Private Wealth Advisors77,082$2.44M0.31%−3,120−3.9%Reduced
Ameriprise Financial Inc75,565$2.39M0.00%+7,584+11.2%Added
Norges Bank74,682$2.37M0.00%00.0%Unchanged
TD Asset Management Inc71,406$2.26M0.00%+47,628+200.3%Added
Raymond James Financial Services Advisors, Inc.70,422$2.23M0.00%+23,712+50.8%Added
HBK Investments L P60,000$1.90M0.05%+60,000New
UBS Asset Management Americas Inc58,683$1.86M0.00%+19,740+50.7%Added
Cetera Advisors LLC58,445$1.85M0.03%−371−0.6%Reduced
Credit Suisse AG54,398$1.72M0.00%+18,289+50.6%Added
GTS Securities LLC52,393$1.66M0.04%+52,393New
Legal & General Group Plc51,239$1.62M0.00%−1,766−3.3%Reduced
California State Teachers Retirement System49,885$1.58M0.00%+1,848+3.8%Added
Private Wealth Advisors47,275$1.50M0.65%−1,326−2.7%Reduced
ExodusPoint Capital Management, LP42,734$1.35M0.02%+42,734New
Raymond James & Associates42,674$1.35M0.00%−20,837−32.8%Reduced
Arrowroot Family Office, LLC41,620$1.32M0.93%−13,894−25.0%Reduced
Baird Financial Group, Inc.39,625$1.25M0.00%+12,544+46.3%Added
IMS Capital Management38,503$1.22M0.60%+38,503New
Aigen Investment Management, LP37,539$1.19M0.21%+37,539New
JPMorgan Chase & Co37,264$1.18M0.00%+7,695+26.0%Added
Dimensional Fund Advisors LP35,042$1.11M0.00%+1,868+5.6%Added
SEI Investments Co33,769$1.07M0.00%−37,712−52.8%Reduced
Trexquant Investment LP32,866$1.04M0.02%+32,866New
EFG Asset Management (North America) Corp.32,862$1.04M0.20%−816−2.4%Reduced
Comerica Bank32,134$1.02M0.00%−514−1.6%Reduced
Financial Advocates Investment Management29,453$932.8K0.06%−4,042−12.1%Reduced
Bank of New York Mellon Corp29,368$930.1K0.00%−1,605−5.2%Reduced
Bridgecreek Investment Management, LLC28,950$916.8K0.18%+28,950New
TCG Advisory Services, LLC28,950$916.8K0.06%+28,950New
Janus Henderson Group PLC28,772$910.2K0.00%+9,169+46.8%Added
Capstone Investment Advisors, LLC28,224$893.9K0.02%−2,367−7.7%Reduced
Y-Intercept (Hong Kong) Ltd28,135$891.0K0.08%+28,135New
Neuberger Berman Group LLC27,759$879.1K0.00%+4,170+17.7%Added
Cambridge Investment Research Advisors, Inc.27,395$868.0K0.00%+286+1.1%Added
Walleye Capital LLC27,379$867.1K0.01%−166,470−85.9%Reduced
Mirae Asset Global Investments Co., Ltd.25,433$805.5K0.00%+3,637+16.7%Added
Man Group plc24,774$784.6K0.00%––