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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, Q2 2025

Institutional positions in Dutch Bros Inc. as of Jun 30, 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
492
+28 vs. Q1 2025
Shares held
105.8M
+4.04M (+4.0%) vs. Q1 2025
Total value
$7.23B
+$951.5M (+15.1%) vs. Q1 2025
New holders
92
189 more added
Sold out
64
144 more reduced

2 institutions that held it in Q1 2025 haven't filed for Q2 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2025: 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 holdersQ2 2025: 492 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 heldQ2 2025: $7.23B
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, Q2 2025

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q1 2025.

Institutions holding BROS in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Vanguard Group Inc11,335,489$775.0M0.01%+1,413,195+14.2%Added
FMR LLC7,248,302$495.6M0.03%+1,053,811+17.0%Added
BlackRock, Inc.6,524,778$446.1M0.01%+1,434,186+28.2%Added
D. E. Shaw & Co., Inc.4,228,571$289.1M0.29%−1,071,793−20.2%Reduced
Baillie Gifford & Co3,621,656$247.6M0.18%−179,028−4.7%Reduced
1832 Asset Management L.P.3,107,300$212.4M0.37%−312,900−9.1%Reduced
Marshall Wace, LLP2,509,767$171.6M0.20%+1,460,376+139.2%Added
TSG Consumer Partners LP2,347,346$160.5M100.00%00.0%Unchanged
Invesco Ltd.2,333,142$159.5M0.03%+967,861+70.9%Added
T. Rowe Price Investment Management, Inc.2,280,538$155.9M0.10%+104,396+4.8%Added
Geode Capital Management, LLC2,173,710$148.6M0.01%+267,074+14.0%Added
State Street Corp1,978,441$135.3M0.01%+121,683+6.6%Added
Morgan Stanley1,971,206$134.8M0.01%+434,313+28.3%Added
Joho Capital LLC1,754,789$120.0M16.90%−164,725−8.6%Reduced
Qube Research & Technologies Ltd1,747,325$119.5M0.17%−37,121−2.1%Reduced
UBS Group AG1,675,354$114.5M0.02%+522,692+45.3%Added
Raymond James Financial Inc1,588,866$108.6M0.04%+324,936+25.7%Added
Bank of America Corp1,581,587$108.1M0.01%+163,725+11.5%Added
Squarepoint Ops LLC1,503,378$102.8M0.23%+873,306+138.6%Added
Driehaus Capital Management LLC1,459,802$99.8M0.80%+138,995+10.5%Added
Norges Bank1,367,927$93.5M0.01%−91,143−6.2%Reduced
Millennium Management LLC1,315,844$90.0M0.08%−801,694−37.9%Reduced
Fuller & Thaler Asset Management, Inc.1,285,423$87.9M0.32%−39,253−3.0%Reduced
FIL Ltd1,218,862$83.3M0.07%−391,138−24.3%Reduced
Alliancebernstein L.P.1,156,775$79.1M0.03%+125,865+12.2%Added
Wellington Management Group LLP1,062,322$72.6M0.01%+168,413+18.8%Added
Renaissance Technologies LLC1,037,100$70.9M0.09%−265,200−20.4%Reduced
Macquarie Group Ltd962,496$65.8M0.08%+856,718+809.9%Added
Ameriprise Financial Inc911,746$62.3M0.02%+45,170+5.2%Added
Lord, Abbett & Co. LLC884,187$60.5M0.19%−198,227−18.3%Reduced
Clearbridge Investments, LLC866,937$59.3M0.05%−2,122−0.2%Reduced
Dimensional Fund Advisors LP839,284$57.4M0.01%−104,527−11.1%Reduced
BNP Paribas Arbitrage, SA830,189$56.8M0.04%−314,299−27.5%Reduced
American Century Companies Inc813,557$55.6M0.03%+278,941+52.2%Added
Bank of New York Mellon Corp787,437$53.8M0.01%+145,464+22.7%Added
Charles Schwab Investment Management Inc764,108$52.2M0.01%+76,263+11.1%Added
Federated Hermes, Inc.738,374$50.5M0.10%+183,194+33.0%Added
Baird Financial Group, Inc.723,100$49.4M0.09%−24,412−3.3%Reduced
Allspring Global Investments Holdings, LLC722,361$48.5M0.08%−85,045−10.5%Reduced
Amundi730,180$48.2M0.02%+281,236+62.6%Added
Assenagon Asset Management S.A.649,120$44.4M0.07%+649,120New
Balyasny Asset Management LLC613,863$42.0M0.10%−1,536,084−71.4%Reduced
Northern Trust Corp610,949$41.8M0.01%−25,990−4.1%Reduced
Mane Global Capital Management LP525,616$35.9M1.64%+525,616New
Royal Bank of Canada502,842$34.4M0.01%+298,878+146.5%Added
Goldman Sachs Group Inc501,441$34.3M0.01%+80,957+19.3%Added
LPL Financial LLC489,541$33.5M0.01%+141,566+40.7%Added
Tudor Investment Corp Et Al485,261$33.2M0.25%+94,750+24.3%Added
UBS Asset Management Americas Inc480,734$32.9M0.01%+175,020+57.2%Added
Nuveen, LLC473,022$32.3M0.01%+144,243+43.9%Added
Two Sigma Investments, LP449,782$30.8M0.06%−85,865−16.0%Reduced
Wasatch Advisors Inc447,885$30.6M0.16%−3,992−0.9%Reduced
Bank of Nova Scotia423,484$29.0M0.06%−201,552−32.2%Reduced
ING Groep NV418,400$28.6M0.17%+135,700+48.0%Added
Deutsche Bank AG409,068$28.0M0.01%−204,019−33.3%Reduced
Fenimore Asset Management Inc403,490$27.6M0.55%−1,496−0.4%Reduced
Cubist Systematic Strategies, LLC364,575$24.9M0.27%−86,670−19.2%Reduced
AQR Capital Management LLC357,125$24.4M0.02%−453,148−55.9%Reduced
Jennison Associates LLC338,877$23.2M0.01%+338,877New
Engineers Gate Manager LP329,995$22.6M0.28%+59,616+22.0%Added
Verition Fund Management LLC326,786$22.3M0.13%−10,302−3.1%Reduced
Citadel Advisors LLC318,067$21.7M0.02%−1,506,112−82.6%Reduced
Mitsubishi UFJ Trust & Banking Corp311,476$21.3M0.05%−67,421−17.8%Reduced
SG Americas Securities, LLC310,720$21.2M0.09%+171,356+123.0%Added
Holocene Advisors, LP308,657$21.1M0.05%−2,644−0.8%Reduced
Crestwood Capital Management, L.P.270,379$18.5M12.59%00.0%Unchanged
Aperture Investors, LLC267,156$18.3M2.45%−24,760−8.5%Reduced
Price T Rowe Associates Inc265,281$18.1M0.00%+80,179+43.3%Added
First Trust Advisors LP238,396$16.3M0.01%−150,046−38.6%Reduced
Next Century Growth Investors LLC238,202$16.3M1.26%+52,716+28.4%Added
Oberweis Asset Management Inc238,000$16.3M0.71%+19,000+8.7%Added
Wells Fargo & Company233,813$16.0M0.00%−11,931−4.9%Reduced
Blair William & Co228,604$15.6M0.04%+49,501+27.6%Added
Swiss National Bank227,200$15.5M0.01%+6,700+3.0%Added
SEI Investments Co225,711$15.4M0.02%+49,150+27.8%Added
Woodline Partners LP223,114$15.3M0.08%+14,087+6.7%Added
Man Group plc213,094$14.6M0.03%−400,069−65.2%Reduced
Neuberger Berman Group LLC207,923$14.2M0.01%+107,635+107.3%Added
Russell Investments Group, Ltd.206,999$14.2M0.02%+41,922+25.4%Added
California Public Employees Retirement System198,895$13.6M0.01%+38,697+24.2%Added
Susquehanna International Group, LLP196,339$13.4M0.02%−201,558−50.7%Reduced
Jump Financial, LLC188,281$12.9M0.16%−35,490−15.9%Reduced
State of Michigan Retirement System180,000$12.3M0.06%00.0%Unchanged
Ossiam178,218$12.2M0.14%+178,218New
Stifel Financial Corp177,085$12.1M0.01%+26,591+17.7%Added
Brown Brothers Harriman & Co172,187$11.8M0.08%+172,000+91,978.6%Added
Concurrent Investment Advisors, LLC170,901$11.7M0.23%−559−0.3%Reduced
State of Wisconsin Investment Board161,454$11.0M0.03%+58,688+57.1%Added
JPMorgan Chase & Co155,511$10.6M0.00%+50,492+48.1%Added
Aquatic Capital Management LLC153,552$10.5M0.21%−23,072−13.1%Reduced
Commonwealth Equity Services, LLC146,525$10.0M0.01%−2,476−1.7%Reduced
Barclays PLC139,859$9.56M0.00%+80,280+134.7%Added
Legal & General Group Plc134,395$9.19M0.00%+10,026+8.1%Added
Victory Capital Management Inc131,085$8.96M0.01%+25,699+24.4%Added
Rhumbline Advisers129,629$8.86M0.01%+20,238+18.5%Added
Canada Pension Plan Investment Board128,600$8.79M0.01%+90,300+235.8%Added
Two Sigma Advisers, LP128,000$8.75M0.02%−18,400−12.6%Reduced
Silvercrest Asset Management Group LLC124,169$8.49M0.06%−50,979−29.1%Reduced
Whittier Trust Co120,654$8.25M0.10%+2,652+2.2%Added
Universal- Beteiligungs- und Servicegesellschaft mbH120,039$8.21M0.01%+3,530+3.0%Added