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 2025
Institutional positions in Dutch Bros Inc. as of Sep 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
- 450
- −34 vs. Q2 2025
- Shares held
- 114.4M
- +10.0M (+9.6%) vs. Q2 2025
- Total value
- $5.98B
- −$1.15B (−16.1%) vs. Q2 2025
- New holders
- 62
- 191 more added
- Sold out
- 96
- 129 more reduced
8 institutions that held it in Q2 2025 haven't filed for Q3 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q2 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.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 559 | $9.36B |
| Q1 2026 | 510 | $6.68B |
| Q4 2025 | 512 | $7.27B |
| Q3 2025 | 450 | $5.98B |
| Q2 2025 | 492 | $7.23B |
| Q1 2025 | 466 | $6.28B |
| Q4 2024 | 400 | $5.30B |
| Q3 2024 | 347 | $3.33B |
| Q2 2024 | 336 | $4.06B |
| Q1 2024 | 269 | $3.05B |
| Q4 2023 | 232 | $2.89B |
| Q3 2023 | 191 | $2.07B |
| Q2 2023 | 187 | $2.06B |
| Q1 2023 | 187 | $2.35B |
| Q4 2022 | 192 | $2.10B |
| Q3 2022 | 191 | $2.31B |
| Q2 2022 | 186 | $2.37B |
| Q1 2022 | 193 | $4.42B |
| Q4 2021 | 150 | $4.20B |
| Q3 2021 | 120 | $723.7M |
| Q2 2021 | 0 | $0 |
| Q1 2021 | 0 | $0 |
Institutions, Q3 2025
Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q2 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 11,241,352 | $588.4M | 0.01% | −94,137−0.8% | Reduced |
| FMR LLC | 7,287,938 | $381.5M | 0.02% | +39,636+0.5% | Added |
| BlackRock, Inc. | 6,996,034 | $366.2M | 0.01% | +471,256+7.2% | Added |
| Baillie Gifford & Co | 3,497,067 | $183.0M | 0.14% | −124,589−3.4% | Reduced |
| Price T Rowe Associates Inc | 3,450,437 | $180.6M | 0.02% | +3,185,156+1,200.7% | Added |
| 1832 Asset Management L.P. | 2,842,200 | $148.8M | 0.25% | −265,100−8.5% | Reduced |
| Marshall Wace, LLP | 2,690,760 | $140.8M | 0.15% | +180,993+7.2% | Added |
| Ninety One UK Ltd | 2,585,702 | $135.3M | 0.29% | +2,585,702 | New |
| Invesco Ltd. | 2,426,657 | $127.0M | 0.02% | +93,515+4.0% | Added |
| Citadel Advisors LLC | 2,285,303 | $119.6M | 0.10% | +1,967,236+618.5% | Added |
| TSG Consumer Partners LP | 2,279,846 | $119.3M | 100.00% | −67,500−2.9% | Reduced |
| UBS Group AG | 2,247,691 | $117.6M | 0.02% | +572,337+34.2% | Added |
| Geode Capital Management, LLC | 2,225,734 | $116.5M | 0.01% | +52,024+2.4% | Added |
| T. Rowe Price Investment Management, Inc. | 2,106,248 | $110.2M | 0.07% | −174,290−7.6% | Reduced |
| Millennium Management LLC | 2,024,096 | $105.9M | 0.08% | +708,252+53.8% | Added |
| State Street Corp | 1,984,258 | $103.9M | 0.00% | +5,817+0.3% | Added |
| Qube Research & Technologies Ltd | 1,943,641 | $101.7M | 0.14% | +196,316+11.2% | Added |
| Bank of America Corp | 1,867,532 | $97.7M | 0.01% | +285,945+18.1% | Added |
| Balyasny Asset Management LLC | 1,817,201 | $95.1M | 0.19% | +1,203,338+196.0% | Added |
| D. E. Shaw & Co., Inc. | 1,700,262 | $89.0M | 0.07% | −2,528,309−59.8% | Reduced |
| Squarepoint Ops LLC | 1,649,106 | $86.3M | 0.18% | +145,728+9.7% | Added |
| Morgan Stanley | 1,567,723 | $82.1M | 0.00% | −403,483−20.5% | Reduced |
| Raymond James Financial Inc | 1,462,025 | $76.5M | 0.02% | −126,841−8.0% | Reduced |
| Joho Capital LLC | 1,418,394 | $74.2M | 13.19% | −336,395−19.2% | Reduced |
| BNP Paribas Arbitrage, SA | 1,405,007 | $73.5M | 0.06% | +574,818+69.2% | Added |
| Amundi | 1,390,216 | $68.2M | 0.02% | +660,036+90.4% | Added |
| Charles Schwab Investment Management Inc | 1,175,895 | $61.5M | 0.01% | +411,787+53.9% | Added |
| Alliancebernstein L.P. | 1,144,123 | $59.9M | 0.02% | −12,652−1.1% | Reduced |
| Dimensional Fund Advisors LP | 1,098,325 | $57.5M | 0.01% | +259,041+30.9% | Added |
| Wellington Management Group LLP | 1,077,897 | $56.4M | 0.01% | +15,575+1.5% | Added |
| Fuller & Thaler Asset Management, Inc. | 1,040,128 | $54.4M | 0.19% | −245,295−19.1% | Reduced |
| Macquarie Group Ltd | 1,034,472 | $54.1M | 0.06% | +71,976+7.5% | Added |
| Royal Bank of Canada | 888,303 | $46.5M | 0.01% | +385,461+76.7% | Added |
| FIL Ltd | 882,305 | $46.2M | 0.04% | −336,557−27.6% | Reduced |
| Mane Global Capital Management LP | 873,135 | $45.7M | 2.14% | +347,519+66.1% | Added |
| Ameriprise Financial Inc | 865,941 | $45.3M | 0.01% | −45,805−5.0% | Reduced |
| Clearbridge Investments, LLC | 854,685 | $44.7M | 0.03% | −12,252−1.4% | Reduced |
| Goldman Sachs Group Inc | 821,124 | $43.0M | 0.01% | +319,683+63.8% | Added |
| Allspring Global Investments Holdings, LLC | 806,160 | $41.5M | 0.07% | +83,799+11.6% | Added |
| American Century Companies Inc | 793,447 | $41.5M | 0.02% | −20,110−2.5% | Reduced |
| Baird Financial Group, Inc. | 767,575 | $40.2M | 0.06% | +44,475+6.2% | Added |
| Driehaus Capital Management LLC | 743,789 | $38.9M | 0.28% | −716,013−49.0% | Reduced |
| Northern Trust Corp | 628,315 | $32.9M | 0.00% | +17,366+2.8% | Added |
| Susquehanna International Group, LLP | 605,015 | $31.7M | 0.05% | +408,676+208.1% | Added |
| Freestone Grove Partners LP | 590,769 | $30.9M | 0.23% | +590,769 | New |
| Lord, Abbett & Co. LLC | 544,552 | $28.5M | 0.08% | −339,635−38.4% | Reduced |
| LPL Financial LLC | 544,222 | $28.5M | 0.01% | +54,681+11.2% | Added |
| Bank of Nova Scotia | 542,155 | $28.4M | 0.05% | +118,671+28.0% | Added |
| Woodline Partners LP | 540,595 | $28.3M | 0.13% | +317,481+142.3% | Added |
| Wasatch Advisors Inc | 538,003 | $28.2M | 0.15% | +90,118+20.1% | Added |
| Federated Hermes, Inc. | 521,940 | $27.3M | 0.05% | −216,434−29.3% | Reduced |
| Two Sigma Investments, LP | 511,163 | $26.8M | 0.04% | +61,381+13.6% | Added |
| Renaissance Technologies LLC | 506,100 | $26.5M | 0.03% | −531,000−51.2% | Reduced |
| Teacher Retirement System of Texas | 490,228 | $25.7M | 0.10% | +461,580+1,611.2% | Added |
| Jump Financial, LLC | 454,111 | $23.8M | 0.30% | +265,830+141.2% | Added |
| Assenagon Asset Management S.A. | 452,812 | $23.7M | 0.04% | −196,308−30.2% | Reduced |
| Aperture Investors, LLC | 445,714 | $23.3M | 3.24% | +178,558+66.8% | Added |
| ING Groep NV | 430,400 | $22.5M | 0.12% | +12,000+2.9% | Added |
| Nuveen, LLC | 419,796 | $22.0M | 0.01% | −53,226−11.3% | Reduced |
| Oberweis Asset Management Inc | 404,500 | $21.2M | 0.81% | +166,500+70.0% | Added |
| Riverbridge Partners LLC | 382,857 | $20.0M | 0.34% | +382,857 | New |
| Trexquant Investment LP | 370,357 | $19.4M | 0.20% | +370,357 | New |
| SEI Investments Co | 350,429 | $18.3M | 0.02% | +124,718+55.3% | Added |
| Fenimore Asset Management Inc | 349,395 | $18.3M | 0.37% | −54,095−13.4% | Reduced |
| Man Group plc | 333,843 | $17.5M | 0.03% | +120,749+56.7% | Added |
| Bank of New York Mellon Corp | 323,916 | $17.0M | 0.00% | −463,521−58.9% | Reduced |
| Engineers Gate Manager LP | 321,791 | $16.8M | 0.19% | −8,204−2.5% | Reduced |
| Crestwood Capital Management, L.P. | 310,379 | $16.2M | 11.31% | +40,000+14.8% | Added |
| Mitsubishi UFJ Trust & Banking Corp | 266,487 | $13.9M | 0.03% | −44,989−14.4% | Reduced |
| Natixis | 249,943 | $13.1M | 0.07% | +215,385+623.3% | Added |
| Next Century Growth Investors LLC | 247,771 | $13.0M | 0.95% | +9,569+4.0% | Added |
| UBS Asset Management Americas Inc | 244,609 | $12.8M | 0.00% | −236,125−49.1% | Reduced |
| Loup Funds, LLC | 233,841 | $12.2M | 4.87% | +233,841 | New |
| Swiss National Bank | 233,800 | $12.2M | 0.01% | +6,600+2.9% | Added |
| Deutsche Bank AG | 233,297 | $12.2M | 0.00% | −175,771−43.0% | Reduced |
| Stephens Investment Management Group LLC | 219,696 | $11.5M | 0.15% | +113,257+106.4% | Added |
| SG Americas Securities, LLC | 213,924 | $11.2M | 0.04% | −96,796−31.2% | Reduced |
| Congress Asset Management Co | 213,014 | $11.1M | 0.07% | +213,014 | New |
| Barclays PLC | 212,590 | $11.1M | 0.00% | +72,731+52.0% | Added |
| JPMorgan Chase & Co | 204,705 | $10.7M | 0.00% | +49,194+31.6% | Added |
| Stifel Financial Corp | 198,053 | $10.4M | 0.01% | +20,968+11.8% | Added |
| California Public Employees Retirement System | 197,690 | $10.3M | 0.01% | −1,205−0.6% | Reduced |
| Algert Global LLC | 195,063 | $10.2M | 0.17% | +76,850+65.0% | Added |
| Blair William & Co | 194,760 | $10.2M | 0.03% | −33,844−14.8% | Reduced |
| Ossiam | 193,367 | $10.1M | 0.13% | +15,149+8.5% | Added |
| Neuberger Berman Group LLC | 185,241 | $9.70M | 0.01% | −22,682−10.9% | Reduced |
| First Trust Advisors LP | 182,882 | $9.57M | 0.01% | −55,514−23.3% | Reduced |
| Canada Pension Plan Investment Board | 181,578 | $9.50M | 0.01% | +52,978+41.2% | Added |
| State of Michigan Retirement System | 180,000 | $9.42M | 0.05% | 00.0% | Unchanged |
| Verition Fund Management LLC | 175,959 | $9.21M | 0.05% | −150,827−46.2% | Reduced |
| State of Wisconsin Investment Board | 173,477 | $9.08M | 0.02% | +12,023+7.4% | Added |
| Brown Brothers Harriman & Co | 172,187 | $9.01M | 0.05% | 00.0% | Unchanged |
| Concurrent Investment Advisors, LLC | 171,369 | $8.97M | 0.15% | +468+0.3% | Added |
| Capital Fund Management S.A. | 168,630 | $8.83M | 0.09% | +126,328+298.6% | Added |
| Ashford Capital Management Inc | 161,390 | $8.45M | 0.94% | +161,390 | New |
| Aquatic Capital Management LLC | 154,889 | $8.11M | 0.15% | +1,337+0.9% | Added |
| Russell Investments Group, Ltd. | 153,504 | $8.04M | 0.01% | −53,495−25.8% | Reduced |
| Twin Tree Management, LP | 149,283 | $7.81M | 0.36% | +133,928+872.2% | Added |
| IMC-Chicago, LLC | 145,065 | $7.59M | 0.13% | +87,109+150.3% | Added |
| Wells Fargo & Company | 142,836 | $7.48M | 0.00% | −90,977−38.9% | Reduced |