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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
Maverick Capital LtdSuperinvestorMaverick Capital0$00.00%−4,383−100.0%Sold out
Clear Creek Financial Management, LLC0$00.00%−4,348−100.0%Sold out
Aspen Investment Management Inc0$00.00%−4,240−100.0%Sold out
West Michigan Advisors, LLC0$00.00%−4,187−100.0%Sold out
TownSquare Capital, LLC0$00.00%−4,067−100.0%Sold out
Napa Wealth Management0$00.00%−3,860−100.0%Sold out
J.W. Cole Advisors, Inc.0$00.00%−3,777−100.0%Sold out
Inceptionr LLC0$00.00%−3,734−100.0%Sold out
Sanctuary Advisors, LLC0$00.00%−3,666−100.0%Sold out
JustInvest LLC0$00.00%−3,547−100.0%Sold out
Mirae Asset Global Investments Co., Ltd.0$00.00%−3,534−100.0%Sold out
Prime Capital Investment Advisors, LLC0$00.00%−3,440−100.0%Sold out
Highland Capital Management, LLC0$00.00%−3,409−100.0%Sold out
MML Investors Services, LLC0$00.00%−3,412−100.0%Sold out
U.S. Capital Wealth Advisors, LLC0$00.00%−3,404−100.0%Sold out
Everence Capital Management Inc0$00.00%−3,370−100.0%Sold out
Bridges Investment Management Inc0$00.00%−3,335−100.0%Sold out
Keebeck Alpha, LP0$00.00%−3,276−100.0%Sold out
Wrapmanager Inc0$00.00%−3,182−100.0%Sold out
Fifth Third Wealth Advisors LLC0$00.00%−3,147−100.0%Sold out
Mutual Advisors, LLC0$00.00%−3,534−100.0%Sold out
Edgestream Partners, L.P.0$00.00%−3,042−100.0%Sold out
EWG Elevate Inc.0$00.00%−3,013−100.0%Sold out
Lauterbach Financial Advisors, LLC0$00.00%−3,000−100.0%Sold out
MSH Capital Advisors LLC0$00.00%−3,000−100.0%Sold out
Anb Bank0$00.00%−2,999−100.0%Sold out
Merit Financial Group, LLC0$00.00%−2,953−100.0%Sold out
Norden Group LLC0$00.00%−2,933−100.0%Sold out
Point72 (DIFC) Ltd0$00.00%−2,312−100.0%Sold out
Van Eck Associates Corp0$00.00%−2,303−100.0%Sold out
Centaurus Financial, Inc.0$00.00%−1,580−100.0%Sold out
Ameritas Advisory Services, LLC0$00.00%−1,175−100.0%Sold out
BNP PARIBAS ASSET MANAGEMENT Holding S.A.0$00.00%−1,109−100.0%Sold out
AdvisorNet Financial, Inc0$00.00%−1,000−100.0%Sold out
NBC Securities, Inc.0$00.00%−771−100.0%Sold out
Kiker Wealth Management, LLC0$00.00%−588−100.0%Sold out
Kayne Anderson Rudnick Investment Management LLC0$00.00%−525−100.0%Sold out
Cullen/Frost Bankers, Inc.0$00.00%−500−100.0%Sold out
Bokf, NA0$00.00%−330−100.0%Sold out
Skopos Labs, Inc.0$00.00%−207−100.0%Sold out
Quaker Wealth Management, LLC0$00.00%−200−100.0%Sold out
Putney Financial Group LLC0$00.00%−200−100.0%Sold out
Total Investment Management Inc0$00.00%−106−100.0%Sold out
Wood Tarver Financial Group, LLC0$00.00%−84−100.0%Sold out
Cape Investment Advisory, Inc.0$00.00%−42−100.0%Sold out
Atticus Wealth Management, LLC0$00.00%−30−100.0%Sold out
Norges Bank––––Not filed
Avantax Advisory Services, Inc.––––Not filed
Keudell/Morrison Wealth Management––––Not filed
My Legacy Advisors, LLC––––Not filed
Legacy Investment Solutions, LLC––––Not filed
First Horizon Advisors, Inc.––––Not filed
Atlas Capital Advisors LLC––––Not filed
Parkworth Wealth Management, Inc.––––Not filed