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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 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.

Institutional holdersQ3 2025: 450 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 2025: $5.98B
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 2025

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q2 2025.

Institutions holding BROS in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
Bessemer Group Inc3$00.00%+3New
Cloud Capital Management, LLC9$00.00%+9New
Essential Partners LLC1$520.00%−2,695−100.0%Reduced
Global Wealth Strategies & Associates1$520.00%00.0%Unchanged
Rothschild Investment LLC1$520.00%+1New
True Wealth Design, LLC1$530.00%−21−95.5%Reduced
MV Capital Management, Inc.1$530.00%00.0%Unchanged
West Oak Capital, LLC1$1000.00%00.0%Unchanged
Private Trust Co NA2$1050.00%+2New
Tortoise Investment Management, LLC2$1050.00%+2New
Golden State Wealth Management, LLC2$1050.00%+2New
LRI Investments, LLC3$1570.00%00.0%Unchanged
HFM Investment Advisors, LLC3$1570.00%00.0%Unchanged
Manchester Capital Management LLC3$1580.00%−1−25.0%Reduced
Bay Harbor Wealth Management, LLC4$2090.00%00.0%Unchanged
Clearstead Advisors, LLC4$2100.00%−466−99.1%Reduced
SJS Investment Consulting Inc.4$2100.00%00.0%Unchanged
Rialto Wealth Management, LLC4$2100.00%+2+100.0%Added
REAP Financial Group, LLC5$2620.00%−5−50.0%Reduced
Anfield Capital Management, LLC5$2620.00%00.0%Unchanged
Financial Consulate, Inc5$2620.00%+5New
Cromwell Holdings LLC6$3150.00%00.0%Unchanged
DiNuzzo Private Wealth, Inc.6$4310.00%−1−14.3%Reduced
GGM Financials LLC9$4710.00%+9New
Berkshire Capital Holdings Inc10$5230.00%00.0%Unchanged
Activest Wealth Management10$5230.00%+2+25.0%Added
Horizon Investments, LLC12$6280.00%+3+33.3%Added
TD Private Client Wealth LLC25$1.31K0.00%00.0%Unchanged
St. Johns Investment Management Company, LLC30$1.57K0.00%00.0%Unchanged
Stephens Consulting, LLC30$1.57K0.00%00.0%Unchanged
Sawyer & Company, Inc30$2.00K0.00%−25−45.5%Reduced
Hantz Financial Services, Inc.29$2.00K0.00%+11+61.1%Added
Pacific Center for Financial Services41$2.15K0.00%00.0%Unchanged
Mather Group, LLC.43$2.25K0.00%+43New
TD Waterhouse Canada Inc.45$2.32K0.00%−100,516−100.0%Reduced
JFS Wealth Advisors, LLC46$2.41K0.00%+24+109.1%Added
Atlantic Trust, LLC48$2.51K0.00%00.0%Unchanged
GWM Advisors LLC50$2.62K0.00%−14,358−99.7%Reduced
NBT Bank N A52$2.62K0.00%+2+4.0%Added
Trust Co of Toledo NA50$2.62K0.00%00.0%Unchanged
Tanglewood Legacy Advisors, LLC50$2.62K0.00%00.0%Unchanged
Bogart Wealth, LLC50$2.62K0.00%+40+400.0%Added
Massmutual Trust Co FSB54$2.83K0.00%+18+50.0%Added
McIlrath & Eck, LLC55$2.88K0.00%00.0%Unchanged
Hemington Wealth Management63$3.00K0.00%+11+21.2%Added
Coston, McIsaac & Partners90$4.00K0.00%00.0%Unchanged
Capital Analysts, LLC72$4.00K0.00%00.0%Unchanged
Legacy Wealth Managment, LLC80$4.19K0.00%00.0%Unchanged
CX Institutional100$5.00K0.00%00.0%Unchanged
CGC Financial Services, LLC98$5.13K0.00%00.0%Unchanged
Palouse Capital Management, Inc.100$5.23K0.00%00.0%Unchanged
Northwest Capital Management Inc100$5.23K0.01%00.0%Unchanged
Morton Brown Family Wealth, LLC100$5.23K0.00%+100New
Seneschal Advisors, LLC100$5.23K0.00%+100New
Assetmark, Inc108$5.65K0.00%+11+11.3%Added
Harbour Investments, Inc.111$5.81K0.00%+1+0.9%Added
Rakuten Securities, Inc.121$6.33K0.00%−326−72.9%Reduced
Versant Capital Management, Inc123$6.44K0.00%−496−80.1%Reduced
Root Financial Partners, LLC127$6.65K0.00%+127New
MRP Capital Investments, LLC100$6.84K0.01%00.0%Unchanged
EverSource Wealth Advisors, LLC151$7.90K0.00%−285−65.4%Reduced
CoreCap Advisors, LLC160$8.37K0.00%−541−77.2%Reduced
Geneos Wealth Management Inc.167$8.74K0.00%−2,534−93.8%Reduced
Sterling Capital Management LLC178$9.32K0.00%+3+1.7%Added
Huntington National Bank179$9.37K0.00%+10+5.9%Added
Matrix Trust Co189$10.0K0.00%−40−17.5%Reduced
Albion Financial Group200$10.5K0.00%00.0%Unchanged
American Capital Advisory, LLC200$10.5K0.00%00.0%Unchanged
Rosenberg Matthew Hamilton202$10.6K0.00%00.0%Unchanged
Arcadia Investment Advisors LLC204$10.7K0.01%00.0%Unchanged
Signaturefd, LLC216$11.3K0.00%+120+125.0%Added
MCF Advisors LLC228$11.9K0.00%00.0%Unchanged
Islay Capital Management, LLC250$13.1K0.01%00.0%Unchanged
National Bank of Canada265$13.9K0.00%−36,710−99.3%Reduced
Valley National Advisers Inc283$14.0K0.00%−40−12.4%Reduced
Smartleaf Asset Management LLC277$14.6K0.00%+10+3.7%Added
Quadrant Capital Group LLC291$15.2K0.00%+291New
WFA of San Diego, LLC300$15.7K0.01%00.0%Unchanged
Ci Investments Inc.309$16.0K0.00%−16−4.9%Reduced
Quarry LP327$17.1K0.00%−2,032−86.1%Reduced
Ameriflex Group, Inc.330$17.3K0.01%+330New
1620 Investment Advisors, Inc.346$18.1K0.01%+343+11,433.3%Added
Meeder Asset Management Inc362$18.9K0.00%+297+456.9%Added
Wealthspire Advisors, LLC369$19.3K0.00%+369New
Strategic Wealth Partners, Ltd.400$20.9K0.00%−234−36.9%Reduced
Park Place Capital Corp415$21.7K0.00%+415New
GW&K Investment Management, LLC481$25.0K0.00%+110+29.6%Added
Principal Securities, Inc.579$30.3K0.00%−68−10.5%Reduced
SBI Securities Co., Ltd.649$34.0K0.00%−40−5.8%Reduced
Wolff Wiese Magana LLC676$35.4K0.02%00.0%Unchanged
BFSG, LLC686$35.9K0.00%00.0%Unchanged
DekaBank Deutsche Girozentrale1,249$38.0K0.00%00.0%Unchanged
Cedar Mountain Advisors, LLC741$38.8K0.01%00.0%Unchanged
Gould Capital, LLC786$41.1K0.03%−40−4.8%Reduced
Fortitude Family Office, LLC793$41.5K0.01%+6+0.8%Added
Hollencrest Capital Management797$41.7K0.00%−99−11.0%Reduced
Bernard Wealth Management Corp.815$42.7K0.02%00.0%Unchanged
MAI Capital Management834$43.7K0.00%+485+139.0%Added
Caitlin John, LLC835$43.7K0.03%+835New
GAMMA Investing LLC856$44.8K0.00%+205+31.5%Added