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 |
|---|---|---|---|---|---|
| Rhumbline Advisers | 124,736 | $7.64M | 0.01% | −1,445−1.1% | Reduced |
| Legal & General Group Plc | 126,781 | $7.76M | 0.00% | −1,790−1.4% | Reduced |
| Benchstone Capital Management LP | 134,584 | $8.24M | 0.93% | +134,584 | New |
| Cullen/Frost Bankers, Inc. | 135,180 | $8.28M | 0.09% | +135,180 | New |
| Neuberger Berman Group LLC | 135,867 | $8.32M | 0.01% | −49,374−26.7% | Reduced |
| Victory Capital Management Inc | 137,268 | $8.40M | 0.00% | +63,142+85.2% | Added |
| Landscape Capital Management, L.L.C. | 142,688 | $8.74M | 0.59% | +142,688 | New |
| Amundi | 148,313 | $9.08M | 0.00% | −1,241,903−89.3% | Reduced |
| Cetera Investment Advisers | 148,449 | $9.09M | 0.01% | +9,243+6.6% | Added |
| FIL Ltd | 150,000 | $9.18M | 0.01% | −732,305−83.0% | Reduced |
| Russell Investments Group, Ltd. | 151,287 | $9.26M | 0.01% | −2,217−1.4% | Reduced |
| LMR Partners LLP | 152,000 | $9.31M | 0.09% | +152,000 | New |
| Algert Global LLC | 154,146 | $9.44M | 0.15% | −40,917−21.0% | Reduced |
| Ashford Capital Management Inc | 156,280 | $9.57M | 1.07% | −5,110−3.2% | Reduced |
| California Public Employees Retirement System | 156,565 | $9.58M | 0.01% | −41,125−20.8% | Reduced |
| Jain Global LLC | 162,464 | $9.95M | 0.10% | +151,262+1,350.3% | Added |
| Dark Forest Capital Management LP | 162,584 | $9.95M | 0.45% | +74,819+85.2% | Added |
| State of Wisconsin Investment Board | 164,883 | $10.1M | 0.02% | −8,594−5.0% | Reduced |
| Brown Brothers Harriman & Co | 165,307 | $10.1M | 0.06% | −6,880−4.0% | Reduced |
| Capital Fund Management S.A. | 167,743 | $10.3M | 0.10% | −887−0.5% | Reduced |
| Blair William & Co | 169,772 | $10.4M | 0.03% | −24,988−12.8% | Reduced |
| Stifel Financial Corp | 171,709 | $10.5M | 0.01% | −26,344−13.3% | Reduced |
| Verition Fund Management LLC | 172,847 | $10.6M | 0.06% | −3,112−1.8% | Reduced |
| Concurrent Investment Advisors, LLC | 173,491 | $10.6M | 0.12% | +2,122+1.2% | Added |
| Deutsche Bank AG | 178,049 | $10.9M | 0.00% | −55,248−23.7% | Reduced |
| Loup Funds, LLC | 179,106 | $11.0M | 3.19% | −54,735−23.4% | Reduced |
| Hudson Bay Capital Management LP | 185,067 | $11.3M | 0.06% | +110,786+149.1% | Added |
| Ossiam | 193,367 | $11.8M | 0.24% | 00.0% | Unchanged |
| Congress Asset Management Co | 206,220 | $12.6M | 0.09% | −6,794−3.2% | Reduced |
| Whittier Trust Co | 202,383 | $12.8M | 0.14% | +79,116+64.2% | Added |
| Trexquant Investment LP | 209,200 | $12.8M | 0.11% | −161,157−43.5% | Reduced |
| Synergy Financial Management, LLC | 223,067 | $13.7M | 1.42% | +223,067 | New |
| Mitsubishi UFJ Trust & Banking Corp | 225,153 | $13.8M | 0.03% | −41,334−15.5% | Reduced |
| Lord, Abbett & Co. LLC | 247,203 | $15.1M | 0.05% | −297,349−54.6% | Reduced |
| Swiss National Bank | 250,400 | $15.3M | 0.01% | +16,600+7.1% | Added |
| UBS Asset Management Americas Inc | 251,353 | $15.4M | 0.00% | +6,744+2.8% | Added |
| Wells Fargo & Company | 261,377 | $16.0M | 0.00% | +118,541+83.0% | Added |
| Waratah Capital Advisors Ltd. | 262,741 | $16.1M | 1.22% | +262,741 | New |
| Crestwood Capital Management, L.P. | 285,379 | $17.5M | 11.06% | −25,000−8.1% | Reduced |
| Canada Pension Plan Investment Board | 296,278 | $18.1M | 0.01% | +114,700+63.2% | Added |
| Stephens Investment Management Group LLC | 304,281 | $18.6M | 0.24% | +84,585+38.5% | Added |
| Riverbridge Partners LLC | 305,106 | $18.7M | 0.35% | −77,751−20.3% | Reduced |
| Next Century Growth Investors LLC | 308,910 | $18.9M | 1.31% | +61,139+24.7% | Added |
| Fenimore Asset Management Inc | 312,111 | $19.1M | 0.40% | −37,284−10.7% | Reduced |
| Assenagon Asset Management S.A. | 321,910 | $19.7M | 0.03% | −130,902−28.9% | Reduced |
| Susquehanna International Group, LLP | 323,375 | $19.8M | 0.03% | −281,640−46.6% | Reduced |
| Schonfeld Strategic Advisors LLC | 343,819 | $21.0M | 0.11% | +302,313+728.4% | Added |
| Royal Bank of Canada | 351,542 | $21.5M | 0.00% | −536,761−60.4% | Reduced |
| Shellback Capital, LP | 359,000 | $22.0M | 2.10% | +359,000 | New |
| SEI Investments Co | 369,117 | $22.6M | 0.02% | +18,688+5.3% | Added |
| Jennison Associates LLC | 382,067 | $23.4M | 0.01% | +370,746+3,274.9% | Added |
| Oberweis Asset Management Inc | 404,500 | $24.8M | 0.91% | 00.0% | Unchanged |
| Aperture Investors, LLC | 434,462 | $26.6M | 3.71% | −11,252−2.5% | Reduced |
| Nuveen, LLC | 467,799 | $28.6M | 0.01% | +48,003+11.4% | Added |
| Teacher Retirement System of Texas | 476,859 | $29.2M | 0.10% | −13,369−2.7% | Reduced |
| Woodline Partners LP | 492,308 | $30.1M | 0.12% | −48,287−8.9% | Reduced |
| ING Groep NV | 494,000 | $30.2M | 0.18% | +63,600+14.8% | Added |
| Engineers Gate Manager LP | 513,525 | $31.4M | 0.37% | +191,734+59.6% | Added |
| Federated Hermes, Inc. | 521,200 | $31.9M | 0.05% | −740−0.1% | Reduced |
| Bank of Nova Scotia | 525,086 | $32.1M | 0.05% | −17,069−3.1% | Reduced |
| Baird Financial Group, Inc. | 535,401 | $32.8M | 0.05% | −232,174−30.2% | Reduced |
| JPMorgan Chase & Co | 548,040 | $33.6M | 0.00% | +343,335+167.7% | Added |
| LPL Financial LLC | 563,210 | $34.5M | 0.01% | +18,988+3.5% | Added |
| Northern Trust Corp | 602,113 | $36.9M | 0.00% | −26,202−4.2% | Reduced |
| Holocene Advisors, LP | 605,092 | $37.0M | 0.08% | +586,162+3,096.5% | Added |
| Citadel Advisors LLC | 623,458 | $38.2M | 0.03% | −1,661,845−72.7% | Reduced |
| Bank of New York Mellon Corp | 660,534 | $40.4M | 0.01% | +336,618+103.9% | Added |
| Freestone Grove Partners LP | 681,803 | $41.7M | 0.30% | +91,034+15.4% | Added |
| Voya Investment Management LLC | 751,403 | $46.0M | 0.05% | +720,637+2,342.3% | Added |
| Driehaus Capital Management LLC | 790,451 | $48.4M | 0.33% | +46,662+6.3% | Added |
| Wasatch Advisors Inc | 824,914 | $50.5M | 0.30% | +286,911+53.3% | Added |
| Qube Research & Technologies Ltd | 829,354 | $50.8M | 0.07% | −1,114,287−57.3% | Reduced |
| Allspring Global Investments Holdings, LLC | 832,406 | $51.7M | 0.08% | +26,246+3.3% | Added |
| Clearbridge Investments, LLC | 853,005 | $52.2M | 0.04% | −1,680−0.2% | Reduced |
| Interval Partners, LP | 935,574 | $57.3M | 1.34% | +935,574 | New |
| American Century Companies Inc | 945,933 | $57.9M | 0.03% | +152,486+19.2% | Added |
| Mane Global Capital Management LP | 971,370 | $59.5M | 3.26% | +98,235+11.3% | Added |
| Nomura Asset Management International Inc. | 982,259 | $60.1M | 0.09% | +982,259 | New |
| BNP Paribas Arbitrage, SA | 1,001,790 | $61.3M | 0.04% | −403,217−28.7% | Reduced |
| Fuller & Thaler Asset Management, Inc. | 1,117,797 | $68.4M | 0.23% | +77,669+7.5% | Added |
| Dimensional Fund Advisors LP | 1,166,643 | $71.4M | 0.01% | +68,318+6.2% | Added |
| Point72 Asset Management, L.P. | 1,171,770 | $71.7M | 0.11% | +1,171,770 | New |
| Charles Schwab Investment Management Inc | 1,172,131 | $71.8M | 0.01% | −3,764−0.3% | Reduced |
| Ameriprise Financial Inc | 1,199,735 | $73.4M | 0.02% | +333,794+38.5% | Added |
| Goldman Sachs Group Inc | 1,294,102 | $79.2M | 0.01% | +472,978+57.6% | Added |
| Wellington Management Group LLP | 1,324,107 | $81.1M | 0.01% | +246,210+22.8% | Added |
| Invesco Ltd. | 1,345,470 | $82.4M | 0.01% | −1,081,187−44.6% | Reduced |
| Bank of America Corp | 1,360,779 | $83.3M | 0.01% | −506,753−27.1% | Reduced |
| D. E. Shaw & Co., Inc. | 1,382,693 | $84.6M | 0.06% | −317,569−18.7% | Reduced |
| Raymond James Financial Inc | 1,387,234 | $85.9M | 0.03% | −74,791−5.1% | Reduced |
| Alliancebernstein L.P. | 1,404,738 | $86.0M | 0.03% | +260,615+22.8% | Added |
| Joho Capital LLC | 1,418,394 | $86.8M | 18.53% | 00.0% | Unchanged |
| Norges Bank | 1,583,649 | $97.0M | 0.01% | +1,583,649 | New |
| Morgan Stanley | 1,709,256 | $104.6M | 0.01% | +141,533+9.0% | Added |
| 1832 Asset Management L.P. | 1,736,900 | $106.3M | 0.13% | −1,105,300−38.9% | Reduced |
| Westfield Capital Management Co LP | 1,779,616 | $108.9M | 0.45% | +1,779,616 | New |
| Alyeska Investment Group, L.P. | 1,860,182 | $113.9M | 0.32% | +1,860,182 | New |
| T. Rowe Price Investment Management, Inc. | 1,899,457 | $116.3M | 0.07% | −206,791−9.8% | Reduced |
| State Street Corp | 2,020,112 | $123.7M | 0.00% | +35,854+1.8% | Added |
| Geode Capital Management, LLC | 2,265,083 | $138.7M | 0.01% | +39,349+1.8% | Added |