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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
Stone House Investment Management, LLC873$45.7K0.01%00.0%Unchanged
Country Trust Bank900$47.1K0.00%00.0%Unchanged
Northwestern Mutual Wealth Management Co952$49.8K0.00%+69+7.8%Added
Nemes Rush Group LLC1,080$56.5K0.01%+868+409.4%Added
Arcadia Investment Management Corp1,141$59.7K0.01%00.0%Unchanged
Harbor Investment Advisory, LLC1,146$60.0K0.00%00.0%Unchanged
Asset Management One Co.,Ltd.1,166$61.0K0.00%+82+7.6%Added
Cornerstone Planning Group LLC1,700$61.4K0.01%+1,687+12,976.9%Added
Advisory Services Network, LLC1,194$62.5K0.00%+1,194New
Danske Bank A/S1,300$68.0K0.00%00.0%Unchanged
Caitong International Asset Management Co., Ltd1,427$74.7K0.05%+1,427New
Covestor Ltd1,442$75.0K0.04%+285+24.6%Added
Archer Investment Corp1,500$78.5K0.02%−105−6.5%Reduced
Larson Financial Group LLC1,548$81.0K0.00%+803+107.8%Added
Bryn Mawr Trust Co1,564$81.9K0.00%00.0%Unchanged
Copia Wealth Management1,595$83.5K0.06%00.0%Unchanged
Parkside Financial Bank & Trust2,245$117.5K0.01%+2,043+1,011.4%Added
STRS Ohio2,804$146.8K0.00%−10,276−78.6%Reduced
AdvisorShares Investments LLC2,952$154.5K0.03%+800+37.2%Added
KBC Group NV3,135$164.0K0.00%00.0%Unchanged
RiverPark Advisors, LLC3,180$166.4K0.07%−786−19.8%Reduced
Allworth Financial LP3,312$173.4K0.00%+232+7.5%Added
GP Brinson Investments LLC3,500$183.2K0.07%00.0%Unchanged
IFP Advisors, Inc3,570$186.9K0.00%−140−3.8%Reduced
CIBC Private Wealth Group, LLC3,634$190.2K0.00%−1,976−35.2%Reduced
CWM, LLC3,839$201.0K0.00%−6,913−64.3%Reduced
Accredited Investors Inc.4,192$219.4K0.01%00.0%Unchanged
North Star Asset Management Inc4,200$219.8K0.01%00.0%Unchanged
Brookwood Investment Group LLC4,209$220.3K0.03%+4,209New
Avondale Wealth Management4,250$222.4K0.12%+2,000+88.9%Added
Allied Investment Advisors, LLC4,257$222.8K0.04%+4,257New
Fifth Third Bancorp4,365$228.5K0.00%−775−15.1%Reduced
Oak Thistle LLC4,380$229.2K0.03%−26,448−85.8%Reduced
Lazard Asset Management LLC4,434$232.1K0.00%+270+6.5%Added
Valeo Financial Advisors, LLC4,642$243.0K0.01%−4−0.1%Reduced
Newbridge Financial Services Group, Inc.4,700$246.0K0.04%00.0%Unchanged
Connecticut Wealth Management, LLC4,710$246.5K0.01%+4,710New
GPS Wealth Strategies Group, LLC4,761$249.2K0.03%+170+3.7%Added
Nations Financial Group Inc,4,811$251.8K0.02%+385+8.7%Added
Cerity Partners LLC4,938$258.5K0.00%−164−3.2%Reduced
StoneX Group Inc.5,064$265.1K0.01%+5,064New
Stephens Inc5,090$266.4K0.00%+5,090New
Maryland State Retirement & Pension System5,234$273.9K0.01%00.0%Unchanged
Janney Capital Management LLC5,275$276.0K0.02%−136−2.5%Reduced
Watts Gwilliam & Co., LLC5,281$276.4K0.04%00.0%Unchanged
Kingsview Wealth Management, LLC5,304$277.6K0.00%−882−14.3%Reduced
Lecap Asset Management Ltd5,380$281.6K0.10%−544−9.2%Reduced
Moody Lynn & Lieberson, LLC5,382$281.7K0.02%+204+3.9%Added
Baltimore-Washington Financial Advisors, Inc.5,400$282.6K0.01%00.0%Unchanged
Verdence Capital Advisors LLC4,732$283.3K0.02%+217+4.8%Added
Quest Partners LLC5,437$284.6K0.02%+180+3.4%Added
Swiss Life Asset Management Ltd5,543$290.1K0.00%+2,503+82.3%Added
Azzad Asset Management Inc5,707$298.7K0.03%+5,707New
Jaffetilchin Investment Partners, LLC5,756$301.3K0.02%−2,843−33.1%Reduced
Counterpoint Mutual Funds LLC5,757$301.3K0.02%+5,757New
Spire Wealth Management5,855$306.5K0.01%+1,430+32.3%Added
M&T Bank Corp5,866$306.8K0.00%−5,042−46.2%Reduced
Wiley Bros.-Aintree Capital, LLC5,982$313.1K0.00%+478+8.7%Added
Emerald Advisers, LLC5,984$313.2K0.01%−869−12.7%Reduced
Utah Retirement Systems6,113$320.0K0.00%00.0%Unchanged
Radnor Capital Management, LLC6,185$323.7K0.05%−240−3.7%Reduced
Forum Financial Management, LP6,198$324.4K0.00%+723+13.2%Added
Global Retirement Partners, LLC6,217$325.4K0.01%−2,117−25.4%Reduced
Summit Trail Advisors, LLC6,348$332.3K0.00%+6,348New
Diligent Investors, LLC6,434$336.8K0.09%+520+8.8%Added
Oak Ridge Investments LLC6,547$342.7K0.02%+14+0.2%Added
Prosperity Wealth Management, Inc.6,550$342.8K0.12%+475+7.8%Added
Captrust Financial Advisors6,621$346.5K0.00%+1,425+27.4%Added
Integrated Wealth Concepts LLC6,725$352.0K0.00%+1,365+25.5%Added
Morris Retirement Advisors, LLC6,738$352.7K0.15%−1,271−15.9%Reduced
Parallel Advisors, LLC6,744$353.0K0.01%+3,992+145.1%Added
Toronto Dominion Bank6,776$354.7K0.00%+6,776New
State of Wyoming6,804$356.1K0.04%−475−6.5%Reduced
Baldwin Investment Management, LLC6,820$357.0K0.04%+6,820New
Armistice Capital, LLC6,877$359.9K0.01%+6,877New
Quantinno Capital Management LP6,899$361.1K0.00%−1,271−15.6%Reduced
Van Hulzen Asset Management, LLC6,960$364.3K0.03%−50−0.7%Reduced
WoodTrust Financial Corp7,000$366.0K0.04%00.0%Unchanged
Sittner & Nelson, LLC7,065$369.8K0.13%+700+11.0%Added
Sigma Planning Corp7,220$377.9K0.01%+579+8.7%Added
Richards, Merrill & Peterson, Inc.7,345$384.4K0.17%+248+3.5%Added
Ferguson Wellman Capital Management, Inc7,390$386.8K0.01%+40+0.5%Added
ROI Financial Advisors, LLC7,505$392.8K0.23%+3,231+75.6%Added
MetLife Investment Management7,508$393.0K0.00%+318+4.4%Added
EntryPoint Capital, LLC7,631$399.4K0.15%+3,652+91.8%Added
Ocean Capital Management, LLC7,689$402.4K0.08%+775+11.2%Added
Bullseye Asset Management LLC8,000$419.0K0.22%00.0%Unchanged
Prospera Financial Services Inc8,022$419.8K0.01%+972+13.8%Added
Farther Finance Advisors, LLC8,069$422.3K0.01%+541+7.2%Added
Chicago Partners Investment Group LLC7,215$428.0K0.01%−106−1.4%Reduced
SRS Capital Advisors, Inc.8,178$428.1K0.01%+8,166+68,050.0%Added
AlphaCore Capital LLC8,249$431.8K0.01%+989+13.6%Added
Level Four Advisory Services, LLC8,585$449.3K0.02%+595+7.4%Added
Hedges Asset Management LLC8,600$450.1K0.34%−2,500−22.5%Reduced
Triton Wealth Management, PLLC8,045$457.4K0.17%−27−0.3%Reduced
Wedbush Securities Inc8,757$458.0K0.01%−8,188−48.3%Reduced
Pinpoint Asset Management (Singapore) Pte. Ltd.8,910$466.3K0.09%+8,910New
The PNC Financial Services Group, Inc.9,069$474.7K0.00%+2,904+47.1%Added
Amalgamated Bank9,429$494.0K0.00%+905+10.6%Added
OP Asset Management Ltd9,707$508.1K0.01%+9,707New