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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, 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.

Institutional holdersQ4 2025: 512 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 heldQ4 2025: $7.27B
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, Q4 2025

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q3 2025.

Institutions holding BROS in Q4 2025
InstitutionSharesValue% of portfolioChange in sharesAction
City Holding Co400$24.5K0.00%+400New
Ancora Advisors, LLC400$24.5K0.00%+400New
Vision Retirement, LLC400$24.5K0.01%+400New
Park Place Capital Corp415$25.4K0.01%00.0%Unchanged
Larson Financial Group LLC475$29.1K0.00%−1,073−69.3%Reduced
Brown, Lisle/Cummings, Inc.500$30.6K0.01%+500New
Ankerstar Wealth, LLC500$30.6K0.03%+500New
Hollencrest Capital Management505$30.9K0.00%−292−36.6%Reduced
Benson Wealth Management INC552$33.8K0.04%+552New
Quarry LP600$36.7K0.01%+273+83.5%Added
DekaBank Deutsche Girozentrale1,249$38.0K0.00%00.0%Unchanged
Smartleaf Asset Management LLC635$39.4K0.00%+358+129.2%Added
SBI Securities Co., Ltd.665$40.7K0.00%+16+2.5%Added
Caitlin John, LLC681$41.7K0.03%−154−18.4%Reduced
BFSG, LLC686$42.0K0.00%00.0%Unchanged
Wolff Wiese Magana LLC724$44.3K0.02%+48+7.1%Added
Cedar Mountain Advisors, LLC741$45.4K0.01%00.0%Unchanged
Fortitude Family Office, LLC744$45.5K0.01%−49−6.2%Reduced
Gould Capital, LLC806$49.3K0.03%+20+2.5%Added
Bernard Wealth Management Corp.815$49.9K0.02%00.0%Unchanged
MAI Capital Management834$51.1K0.00%00.0%Unchanged
Sterling Capital Management LLC839$51.4K0.00%+661+371.3%Added
GW&K Investment Management, LLC863$53.0K0.00%+382+79.4%Added
Stone House Investment Management, LLC873$53.4K0.01%00.0%Unchanged
Country Trust Bank1,057$64.7K0.00%+157+17.4%Added
State of Wyoming1,082$66.2K0.01%−5,722−84.1%Reduced
Arcadia Investment Management Corp1,141$69.9K0.01%00.0%Unchanged
Harbor Investment Advisory, LLC1,146$70.2K0.01%00.0%Unchanged
GPS Wealth Strategies Group, LLC1,191$72.9K0.06%−3,570−75.0%Reduced
Glen Eagle Advisors, LLC1,205$73.8K0.01%+1,205New
GAMMA Investing LLC1,235$75.6K0.00%+379+44.3%Added
Danske Bank A/S1,300$79.6K0.00%00.0%Unchanged
Signaturefd, LLC1,317$80.6K0.00%+1,101+509.7%Added
Nemes Rush Group LLC1,360$83.3K0.01%+280+25.9%Added
Clearstead Advisors, LLC1,415$86.6K0.00%+1,411+35,275.0%Added
Archer Investment Corp1,450$88.8K0.02%−50−3.3%Reduced
Bryn Mawr Trust Co1,564$95.7K0.00%00.0%Unchanged
Copia Wealth Management1,595$97.6K0.07%00.0%Unchanged
Global Retirement Partners, LLC1,610$98.6K0.00%−4,607−74.1%Reduced
BNP PARIBAS ASSET MANAGEMENT Holding S.A.1,659$102.0K0.00%+1,659New
Alphadyne Asset Management LP1,693$103.6K0.01%+1,693New
Covestor Ltd1,783$109.0K0.06%+341+23.6%Added
Bayforest Capital Ltd2,074$127.0K0.09%−11,367−84.6%Reduced
Quest Partners LLC2,444$149.6K0.01%−2,993−55.0%Reduced
Parkside Financial Bank & Trust2,466$151.0K0.01%+221+9.8%Added
STRS Ohio2,809$172.0K0.00%+5+0.2%Added
AdvisorShares Investments LLC3,164$193.7K0.03%+212+7.2%Added
EntryPoint Capital, LLC3,271$200.3K0.08%−4,360−57.1%Reduced
SG Americas Securities, LLC3,285$201.0K0.00%−210,639−98.5%Reduced
CAPROCK Group, Inc.3,312$202.8K0.00%+3,312New
Tempo Wealth, LLC3,312$202.8K0.04%+3,312New
Prudential Financial Inc3,325$203.6K0.00%−16,725−83.4%Reduced
Coldstream Capital Management Inc3,360$205.7K0.00%+3,360New
Everence Capital Management Inc3,370$206.0K0.01%+3,370New
Urban Wealth Management, LLC3,385$207.2K0.19%+3,385New
CIBC Private Wealth Group, LLC3,400$208.1K0.00%−234−6.4%Reduced
Clear Creek Financial Management, LLC3,446$211.0K0.02%+3,446New
NorthRock Partners, LLC3,480$213.0K0.00%+3,480New
GP Brinson Investments LLC3,500$214.3K0.09%00.0%Unchanged
Wedmont Private Capital3,395$214.6K0.01%+3,395New
Vontobel Holding Ltd.3,531$216.2K0.00%+3,531New
Keystone Investors Pte Ltd3,580$219.2K0.02%−72,696−95.3%Reduced
Alpine Global Management, LLC3,593$220.0K0.05%+3,593New
KBC Group NV3,765$230.0K0.00%+630+20.1%Added
J.W. Cole Advisors, Inc.3,977$231.2K0.01%+3,977New
CWM, LLC3,839$235.0K0.00%00.0%Unchanged
CIBC Asset Management Inc3,912$239.5K0.00%+3,912New
Trust Point Inc.3,915$239.7K0.02%+3,915New
RiverPark Advisors, LLC3,947$241.6K0.07%+767+24.1%Added
Mengis Capital Management, Inc.4,030$246.7K0.04%+4,030New
Northwestern Mutual Wealth Management Co4,053$248.1K0.00%+3,101+325.7%Added
Prime Capital Investment Advisors, LLC4,073$249.3K0.00%+4,073New
Lazard Asset Management LLC4,075$249.5K0.00%−359−8.1%Reduced
North Dakota State Investment Board4,115$251.9K0.01%+4,115New
Sequoia Financial Advisors, LLC4,126$252.6K0.00%+4,126New
Cerity Partners LLC4,178$255.8K0.00%−760−15.4%Reduced
North Star Asset Management Inc4,200$257.1K0.01%00.0%Unchanged
Gladstone Institutional Advisory LLC4,280$262.0K0.01%+4,280New
Mirabella Financial Services LLP4,472$273.8K0.03%+4,472New
Tower Research Capital LLC (TRC)4,533$277.5K0.01%−9,148−66.9%Reduced
Bridges Investment Management Inc4,576$280.1K0.00%+4,576New
Mercer Global Advisors Inc6,488$281.6K0.00%+6,488New
IFP Advisors, Inc4,627$283.3K0.01%+1,057+29.6%Added
Newbridge Financial Services Group, Inc.4,700$287.7K0.04%00.0%Unchanged
Twin Tree Management, LP4,701$287.8K0.03%−144,582−96.9%Reduced
Evergreen Wealth Partners LLC4,704$288.0K0.24%+4,704New
Connecticut Wealth Management, LLC4,710$288.3K0.01%00.0%Unchanged
Spire Wealth Management4,731$289.6K0.01%−1,124−19.2%Reduced
Bridgewater Associates, LP4,923$301.4K0.00%+4,923New
JustInvest LLC5,013$306.9K0.00%+5,013New
Allworth Financial LP5,075$310.7K0.00%+1,763+53.2%Added
Valeo Financial Advisors, LLC5,078$310.9K0.01%+436+9.4%Added
Accredited Investors Inc.5,100$312.2K0.02%+908+21.7%Added
Moody Lynn & Lieberson, LLC5,288$323.7K0.02%−94−1.7%Reduced
Lecap Asset Management Ltd5,318$325.6K0.13%−62−1.2%Reduced
Captrust Financial Advisors5,326$326.1K0.00%−1,295−19.6%Reduced
Kingsview Wealth Management, LLC5,398$330.5K0.00%+94+1.8%Added
Baltimore-Washington Financial Advisors, Inc.5,400$330.6K0.01%00.0%Unchanged
MSH Capital Advisors LLC5,542$339.3K0.07%+5,542New
Fifth Third Bancorp5,566$340.8K0.00%+1,201+27.5%Added