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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 2025

Institutional positions in Dutch Bros Inc. as of Mar 31, 2025. 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
466
+72 vs. Q4 2024
Shares held
101.8M
+896.8K (+0.9%) vs. Q4 2024
Total value
$6.28B
+$991.8M (+18.7%) vs. Q4 2024
New holders
112
168 more added
Sold out
40
128 more reduced

6 institutions that held it in Q4 2024 haven't filed for Q1 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 2024: 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 2025: 466 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 2025: $6.28B
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 2025

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q4 2024.

Institutions holding BROS in Q1 2025
InstitutionSharesValue% of portfolioChange in sharesAction
ING Groep NV282,700$17.5M0.12%+241,300+582.9%Added
Trexquant Investment LP284,233$17.5M0.20%−81,151−22.2%Reduced
Aperture Investors, LLC291,916$18.0M2.74%+291,916New
UBS Asset Management Americas Inc305,714$18.9M0.00%+22,323+7.9%Added
Holocene Advisors, LP311,301$19.2M0.06%−43,319−12.2%Reduced
Nuveen, LLC328,779$20.3M0.01%+328,779New
Verition Fund Management LLC337,088$20.8M0.12%+274,068+434.9%Added
LPL Financial LLC347,975$21.5M0.01%+38,585+12.5%Added
Mitsubishi UFJ Trust & Banking Corp378,897$23.4M0.06%−97,249−20.4%Reduced
First Trust Advisors LP388,442$24.0M0.02%+334,732+623.2%Added
Tudor Investment Corp Et Al390,511$24.1M0.21%+382,107+4,546.7%Added
Point72 Asset Management, L.P.392,309$24.2M0.07%+179,060+84.0%Added
Susquehanna International Group, LLP397,897$24.6M0.04%+258,185+184.8%Added
Fenimore Asset Management Inc404,986$25.0M0.53%+600+0.1%Added
Jane Street Group, LLC410,480$25.3M0.05%+410,480New
Amundi448,944$25.5M0.01%+222,939+98.6%Added
Goldman Sachs Group Inc420,484$26.0M0.00%−181,980−30.2%Reduced
Cubist Systematic Strategies, LLC451,245$27.9M0.37%+109,397+32.0%Added
Wasatch Advisors Inc451,877$27.9M0.16%−2,788,168−86.1%Reduced
American Century Companies Inc534,616$33.0M0.02%−581,699−52.1%Reduced
Two Sigma Investments, LP535,647$33.1M0.07%+241,415+82.0%Added
Voloridge Investment Management, LLC542,212$33.5M0.12%+542,212New
Federated Hermes, Inc.555,180$34.3M0.07%−49,567−8.2%Reduced
Deutsche Bank AG613,087$37.9M0.02%+66,819+12.2%Added
Man Group plc613,163$37.9M0.11%−256,207−29.5%Reduced
Bank of Nova Scotia625,036$38.6M0.09%+551,587+751.0%Added
Squarepoint Ops LLC630,072$38.9M0.09%+81,945+15.0%Added
Northern Trust Corp636,939$39.3M0.01%−147,641−18.8%Reduced
Bank of New York Mellon Corp641,973$39.6M0.01%−458,745−41.7%Reduced
Charles Schwab Investment Management Inc687,845$42.5M0.01%−5,111−0.7%Reduced
Baird Financial Group, Inc.747,512$46.2M0.09%−450,557−37.6%Reduced
AQR Capital Management LLC810,273$48.8M0.05%+654,794+421.1%Added
Allspring Global Investments Holdings, LLC807,406$49.5M0.09%−77,649−8.8%Reduced
Ameriprise Financial Inc866,576$53.5M0.01%+1,737+0.2%Added
Clearbridge Investments, LLC869,059$53.7M0.05%−52,208−5.7%Reduced
Wellington Management Group LLP893,909$55.2M0.01%+59,200+7.1%Added
Dimensional Fund Advisors LP943,811$58.3M0.01%+212,144+29.0%Added
Alliancebernstein L.P.1,030,910$63.6M0.02%−782,536−43.2%Reduced
Marshall Wace, LLP1,049,391$64.8M0.09%+502,736+92.0%Added
Lord, Abbett & Co. LLC1,082,414$66.8M0.24%+591,657+120.6%Added
BNP Paribas Arbitrage, SA1,144,488$70.7M0.05%+1,076,045+1,572.2%Added
UBS Group AG1,152,662$71.2M0.02%+51,817+4.7%Added
Raymond James Financial Inc1,263,930$78.0M0.03%−539,759−29.9%Reduced
Renaissance Technologies LLC1,302,300$80.4M0.12%−122,800−8.6%Reduced
Driehaus Capital Management LLC1,320,807$81.5M0.79%+38,989+3.0%Added
Fuller & Thaler Asset Management, Inc.1,324,676$81.8M0.32%+272,473+25.9%Added
Invesco Ltd.1,365,281$84.3M0.02%+192,458+16.4%Added
Bank of America Corp1,417,862$87.5M0.01%+51,540+3.8%Added
Norges Bank1,459,070$90.1M0.01%+1,129,437+342.6%Added
Morgan Stanley1,536,893$94.9M0.01%−446,665−22.5%Reduced
FIL Ltd1,610,000$99.4M0.09%−1,755,745−52.2%Reduced
Qube Research & Technologies Ltd1,784,446$110.2M0.17%+547,519+44.3%Added
Citadel Advisors LLC1,824,179$112.6M0.11%+1,273,891+231.5%Added
State Street Corp1,856,758$114.6M0.00%+14,002+0.8%Added
Geode Capital Management, LLC1,906,636$117.8M0.01%+111,151+6.2%Added
Joho Capital LLC1,919,514$118.5M20.47%00.0%Unchanged
Millennium Management LLC2,117,538$130.7M0.13%+821,993+63.4%Added
Balyasny Asset Management LLC2,149,947$132.7M0.33%+2,149,947New
T. Rowe Price Investment Management, Inc.2,176,142$134.4M0.09%−294,680−11.9%Reduced
TSG Consumer Partners LP2,347,346$144.9M100.00%−1,161,060−33.1%Reduced
1832 Asset Management L.P.3,420,200$211.2M0.40%+788,100+29.9%Added
Baillie Gifford & Co3,800,684$234.7M0.20%−2,336,417−38.1%Reduced
BlackRock, Inc.5,090,592$314.3M0.01%+302,763+6.3%Added
D. E. Shaw & Co., Inc.5,300,364$327.2M0.39%+182,099+3.6%Added
FMR LLC6,194,491$382.4M0.02%−321,988−4.9%Reduced
Vanguard Group Inc9,922,294$612.6M0.01%−262,220−2.6%Reduced
Proequities, Inc.0$00.00%−600−100.0%Sold out
William Blair Investment Management, LLC0$00.00%−392,513−100.0%Sold out
Artisan Partners Limited Partnership0$00.00%−358,799−100.0%Sold out
Revere Asset Management, Inc0$00.00%−73,675−100.0%Sold out
NWK Group, Inc.0$00.00%−69,952−100.0%Sold out
Bayesian Capital Management, LP0$00.00%−67,301−100.0%Sold out
Natixis0$00.00%−59,556−100.0%Sold out
Healthcare of Ontario Pension Plan Trust Fund0$00.00%−59,100−100.0%Sold out
Simplex Trading, LLC0$00.00%−51,950−100.0%Sold out
Los Angeles Capital Management LLC0$00.00%−34,665−100.0%Sold out
Legacy Capital Group California, Inc.0$00.00%−23,744−100.0%Sold out
B. Metzler seel. Sohn & Co. AG0$00.00%−23,650−100.0%Sold out
Taika Capital, LP0$00.00%−14,243−100.0%Sold out
Fieldview Capital Management, LLC0$00.00%−9,295−100.0%Sold out
Alpha DNA Investment Management LLC0$00.00%−8,615−100.0%Sold out
U.S. Capital Wealth Advisors, LLC0$00.00%−8,400−100.0%Sold out
Crestline Management, LP0$00.00%−8,200−100.0%Sold out
Cannon Global Investment Management, LLC0$00.00%−7,000−100.0%Sold out
Cypress Advisory Group LLC0$00.00%−6,305−100.0%Sold out
Keebeck Alpha, LP0$00.00%−6,192−100.0%Sold out
Stephens Inc0$00.00%−4,966−100.0%Sold out
First Hawaiian Bank0$00.00%−4,698−100.0%Sold out
Argent Trust Co0$00.00%−4,695−100.0%Sold out
Scientech Research LLC0$00.00%−4,036−100.0%Sold out
Pathstone Holdings, LLC0$00.00%−3,842−100.0%Sold out
Bridges Investment Management Inc0$00.00%−3,824−100.0%Sold out
Neo Ivy Capital Management0$00.00%−2,718−100.0%Sold out
Nelson, Van Denburg & Campbell Wealth Management Group, LLC0$00.00%−1,213−100.0%Sold out
Oarsman Capital, Inc.0$00.00%−1,000−100.0%Sold out
ORG Partners LLC0$00.00%−750−100.0%Sold out
Coppell Advisory Solutions LLC0$00.00%−517−100.0%Sold out
Vista Private Wealth Partners. LLC0$00.00%−475−100.0%Sold out
R Squared Ltd0$00.00%−470−100.0%Sold out
Sugar Maple Asset Management, LLC0$00.00%−255−100.0%Sold out