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, Q4 2025
Institutional positions in Dutch Bros Inc. as of Dec 31, 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
- 512
- +70 vs. Q3 2025
- Shares held
- 118.7M
- +4.41M (+3.9%) vs. Q3 2025
- Total value
- $7.27B
- +$1.29B (+21.6%) vs. Q3 2025
- New holders
- 131
- 173 more added
- Sold out
- 61
- 140 more reduced
8 institutions that held it in Q3 2025 haven't filed for Q4 2025 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q3 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, Q4 2025
Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q3 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Vanguard Group Inc | 11,090,575 | $679.0M | 0.01% | −150,777−1.3% | Reduced |
| BlackRock, Inc. | 7,310,797 | $447.6M | 0.01% | +314,763+4.5% | Added |
| FMR LLC | 7,212,382 | $441.5M | 0.02% | −75,556−1.0% | Reduced |
| Baillie Gifford & Co | 3,230,676 | $197.8M | 0.16% | −266,391−7.6% | Reduced |
| Marshall Wace, LLP | 3,098,288 | $189.7M | 0.18% | +407,528+15.1% | Added |
| UBS Group AG | 2,995,317 | $183.4M | 0.04% | +747,626+33.3% | Added |
| Squarepoint Ops LLC | 2,863,197 | $175.3M | 0.35% | +1,214,091+73.6% | Added |
| Price T Rowe Associates Inc | 2,824,546 | $172.9M | 0.02% | −625,891−18.1% | Reduced |
| Millennium Management LLC | 2,823,384 | $172.8M | 0.12% | +799,288+39.5% | Added |
| Ninety One UK Ltd | 2,625,483 | $160.7M | 0.34% | +39,781+1.5% | Added |
| Balyasny Asset Management LLC | 2,481,132 | $151.9M | 0.28% | +663,931+36.5% | Added |
| TSG Consumer Partners LP | 2,279,846 | $139.6M | 100.00% | 00.0% | Unchanged |
| Geode Capital Management, LLC | 2,265,083 | $138.7M | 0.01% | +39,349+1.8% | Added |
| State Street Corp | 2,020,112 | $123.7M | 0.00% | +35,854+1.8% | Added |
| T. Rowe Price Investment Management, Inc. | 1,899,457 | $116.3M | 0.07% | −206,791−9.8% | Reduced |
| Alyeska Investment Group, L.P. | 1,860,182 | $113.9M | 0.32% | +1,860,182 | New |
| Westfield Capital Management Co LP | 1,779,616 | $108.9M | 0.45% | +1,779,616 | New |
| 1832 Asset Management L.P. | 1,736,900 | $106.3M | 0.13% | −1,105,300−38.9% | Reduced |
| Morgan Stanley | 1,709,256 | $104.6M | 0.01% | +141,533+9.0% | Added |
| Norges Bank | 1,583,649 | $97.0M | 0.01% | +1,583,649 | New |
| Joho Capital LLC | 1,418,394 | $86.8M | 18.53% | 00.0% | Unchanged |
| Alliancebernstein L.P. | 1,404,738 | $86.0M | 0.03% | +260,615+22.8% | Added |
| Raymond James Financial Inc | 1,387,234 | $85.9M | 0.03% | −74,791−5.1% | Reduced |
| D. E. Shaw & Co., Inc. | 1,382,693 | $84.6M | 0.06% | −317,569−18.7% | Reduced |
| Bank of America Corp | 1,360,779 | $83.3M | 0.01% | −506,753−27.1% | Reduced |
| Invesco Ltd. | 1,345,470 | $82.4M | 0.01% | −1,081,187−44.6% | Reduced |
| Wellington Management Group LLP | 1,324,107 | $81.1M | 0.01% | +246,210+22.8% | Added |
| Goldman Sachs Group Inc | 1,294,102 | $79.2M | 0.01% | +472,978+57.6% | Added |
| Ameriprise Financial Inc | 1,199,735 | $73.4M | 0.02% | +333,794+38.5% | Added |
| Charles Schwab Investment Management Inc | 1,172,131 | $71.8M | 0.01% | −3,764−0.3% | Reduced |
| Point72 Asset Management, L.P. | 1,171,770 | $71.7M | 0.11% | +1,171,770 | New |
| Dimensional Fund Advisors LP | 1,166,643 | $71.4M | 0.01% | +68,318+6.2% | Added |
| Fuller & Thaler Asset Management, Inc. | 1,117,797 | $68.4M | 0.23% | +77,669+7.5% | Added |
| BNP Paribas Arbitrage, SA | 1,001,790 | $61.3M | 0.04% | −403,217−28.7% | Reduced |
| Nomura Asset Management International Inc. | 982,259 | $60.1M | 0.09% | +982,259 | New |
| Mane Global Capital Management LP | 971,370 | $59.5M | 3.26% | +98,235+11.3% | Added |
| American Century Companies Inc | 945,933 | $57.9M | 0.03% | +152,486+19.2% | Added |
| Interval Partners, LP | 935,574 | $57.3M | 1.34% | +935,574 | New |
| Clearbridge Investments, LLC | 853,005 | $52.2M | 0.04% | −1,680−0.2% | Reduced |
| Allspring Global Investments Holdings, LLC | 832,406 | $51.7M | 0.08% | +26,246+3.3% | Added |
| Qube Research & Technologies Ltd | 829,354 | $50.8M | 0.07% | −1,114,287−57.3% | Reduced |
| Wasatch Advisors Inc | 824,914 | $50.5M | 0.30% | +286,911+53.3% | Added |
| Driehaus Capital Management LLC | 790,451 | $48.4M | 0.33% | +46,662+6.3% | Added |
| Voya Investment Management LLC | 751,403 | $46.0M | 0.05% | +720,637+2,342.3% | Added |
| Freestone Grove Partners LP | 681,803 | $41.7M | 0.30% | +91,034+15.4% | Added |
| Bank of New York Mellon Corp | 660,534 | $40.4M | 0.01% | +336,618+103.9% | Added |
| Citadel Advisors LLC | 623,458 | $38.2M | 0.03% | −1,661,845−72.7% | Reduced |
| Holocene Advisors, LP | 605,092 | $37.0M | 0.08% | +586,162+3,096.5% | Added |
| Northern Trust Corp | 602,113 | $36.9M | 0.00% | −26,202−4.2% | Reduced |
| LPL Financial LLC | 563,210 | $34.5M | 0.01% | +18,988+3.5% | Added |
| JPMorgan Chase & Co | 548,040 | $33.6M | 0.00% | +343,335+167.7% | Added |
| Baird Financial Group, Inc. | 535,401 | $32.8M | 0.05% | −232,174−30.2% | Reduced |
| Bank of Nova Scotia | 525,086 | $32.1M | 0.05% | −17,069−3.1% | Reduced |
| Federated Hermes, Inc. | 521,200 | $31.9M | 0.05% | −740−0.1% | Reduced |
| Engineers Gate Manager LP | 513,525 | $31.4M | 0.37% | +191,734+59.6% | Added |
| ING Groep NV | 494,000 | $30.2M | 0.18% | +63,600+14.8% | Added |
| Woodline Partners LP | 492,308 | $30.1M | 0.12% | −48,287−8.9% | Reduced |
| Teacher Retirement System of Texas | 476,859 | $29.2M | 0.10% | −13,369−2.7% | Reduced |
| Nuveen, LLC | 467,799 | $28.6M | 0.01% | +48,003+11.4% | Added |
| Aperture Investors, LLC | 434,462 | $26.6M | 3.71% | −11,252−2.5% | Reduced |
| Oberweis Asset Management Inc | 404,500 | $24.8M | 0.91% | 00.0% | Unchanged |
| Jennison Associates LLC | 382,067 | $23.4M | 0.01% | +370,746+3,274.9% | Added |
| SEI Investments Co | 369,117 | $22.6M | 0.02% | +18,688+5.3% | Added |
| Shellback Capital, LP | 359,000 | $22.0M | 2.10% | +359,000 | New |
| Royal Bank of Canada | 351,542 | $21.5M | 0.00% | −536,761−60.4% | Reduced |
| Schonfeld Strategic Advisors LLC | 343,819 | $21.0M | 0.11% | +302,313+728.4% | Added |
| Susquehanna International Group, LLP | 323,375 | $19.8M | 0.03% | −281,640−46.6% | Reduced |
| Assenagon Asset Management S.A. | 321,910 | $19.7M | 0.03% | −130,902−28.9% | Reduced |
| Fenimore Asset Management Inc | 312,111 | $19.1M | 0.40% | −37,284−10.7% | Reduced |
| Next Century Growth Investors LLC | 308,910 | $18.9M | 1.31% | +61,139+24.7% | Added |
| Riverbridge Partners LLC | 305,106 | $18.7M | 0.35% | −77,751−20.3% | Reduced |
| Stephens Investment Management Group LLC | 304,281 | $18.6M | 0.24% | +84,585+38.5% | Added |
| Canada Pension Plan Investment Board | 296,278 | $18.1M | 0.01% | +114,700+63.2% | Added |
| Crestwood Capital Management, L.P. | 285,379 | $17.5M | 11.06% | −25,000−8.1% | Reduced |
| Waratah Capital Advisors Ltd. | 262,741 | $16.1M | 1.22% | +262,741 | New |
| Wells Fargo & Company | 261,377 | $16.0M | 0.00% | +118,541+83.0% | Added |
| UBS Asset Management Americas Inc | 251,353 | $15.4M | 0.00% | +6,744+2.8% | Added |
| Swiss National Bank | 250,400 | $15.3M | 0.01% | +16,600+7.1% | Added |
| Lord, Abbett & Co. LLC | 247,203 | $15.1M | 0.05% | −297,349−54.6% | Reduced |
| Mitsubishi UFJ Trust & Banking Corp | 225,153 | $13.8M | 0.03% | −41,334−15.5% | Reduced |
| Synergy Financial Management, LLC | 223,067 | $13.7M | 1.42% | +223,067 | New |
| Trexquant Investment LP | 209,200 | $12.8M | 0.11% | −161,157−43.5% | Reduced |
| Whittier Trust Co | 202,383 | $12.8M | 0.14% | +79,116+64.2% | Added |
| Congress Asset Management Co | 206,220 | $12.6M | 0.09% | −6,794−3.2% | Reduced |
| Ossiam | 193,367 | $11.8M | 0.24% | 00.0% | Unchanged |
| Hudson Bay Capital Management LP | 185,067 | $11.3M | 0.06% | +110,786+149.1% | Added |
| Loup Funds, LLC | 179,106 | $11.0M | 3.19% | −54,735−23.4% | Reduced |
| Deutsche Bank AG | 178,049 | $10.9M | 0.00% | −55,248−23.7% | Reduced |
| Concurrent Investment Advisors, LLC | 173,491 | $10.6M | 0.12% | +2,122+1.2% | Added |
| Verition Fund Management LLC | 172,847 | $10.6M | 0.06% | −3,112−1.8% | Reduced |
| Stifel Financial Corp | 171,709 | $10.5M | 0.01% | −26,344−13.3% | Reduced |
| Blair William & Co | 169,772 | $10.4M | 0.03% | −24,988−12.8% | Reduced |
| Capital Fund Management S.A. | 167,743 | $10.3M | 0.10% | −887−0.5% | Reduced |
| Brown Brothers Harriman & Co | 165,307 | $10.1M | 0.06% | −6,880−4.0% | Reduced |
| State of Wisconsin Investment Board | 164,883 | $10.1M | 0.02% | −8,594−5.0% | Reduced |
| Dark Forest Capital Management LP | 162,584 | $9.95M | 0.45% | +74,819+85.2% | Added |
| Jain Global LLC | 162,464 | $9.95M | 0.10% | +151,262+1,350.3% | Added |
| California Public Employees Retirement System | 156,565 | $9.58M | 0.01% | −41,125−20.8% | Reduced |
| Ashford Capital Management Inc | 156,280 | $9.57M | 1.07% | −5,110−3.2% | Reduced |
| Algert Global LLC | 154,146 | $9.44M | 0.15% | −40,917−21.0% | Reduced |