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Livermore
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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.

Q1 2026 vs. Q4 2025

How the institutions holding Dutch Bros Inc. changed between Q4 2025 and Q1 2026.

All holders in Q1 2026All holders in Q4 2025

13F holders of BROS: Q4 2025 compared with Q1 2026
MeasureQ4 2025Of which not filed for Q1 2026Q1 2026Change
Holders51210510+8
Shares118.7M12.7M131.9M+26.0M (+24.5%)
Value$7.27B$779.7M$6.68B+$193.4M (+3.0%)

10 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so the changes leave them out.

New holders (95)

Institutions that held Dutch Bros Inc. at the end of Q1 2026 but not at the end of Q4 2025.

Institutions new to BROS in Q1 2026
InstitutionSharesValue% of portfolio
Vanguard Capital Management LLC5,690,101$288.3M0.01%
Vanguard Portfolio Management LLC5,472,473$277.2M0.01%
Vanguard Fiduciary Trust Co806,346$40.8M0.01%
Massachusetts Financial Services Co727,272$36.8M0.01%
Danica Pension, Livsforsikringsaktieselskab662,638$33.6M0.63%
Principal Financial Group Inc285,371$14.5M0.01%
Delta Global Management LP265,781$13.5M1.10%
Retirement Systems of Alabama155,733$7.89M0.03%
Impax Asset Management Group plc135,000$6.84M0.05%
Vanguard Asset Management, Ltd112,194$5.68M0.00%
Nomura Holdings Inc64,025$3.24M0.03%
Vanguard Global Advisers, LLC51,688$2.62M0.00%
Mutual of America Capital Management LLC48,681$2.47M0.03%
State of Tennessee, Treasury Department48,000$2.43M0.01%
Entropy Technologies, LP41,686$2.11M0.10%
New York State Teachers Retirement System41,326$2.09M0.00%
Night Squared LP39,467$2.00M0.29%
Teachers Retirement System of the State of Kentucky39,000$1.98M0.02%
Louisiana State Employees Retirement System36,800$1.86M0.03%
Commonwealth of Pennsylvania Public School Empls Retrmt Sys31,828$1.61M0.01%
Vanguard Investments Australia, Ltd.31,544$1.60M0.00%
State of Michigan Retirement System30,600$1.55M0.01%
Thrivent Financial for Lutherans28,621$1.45M0.00%
Northwestern Mutual Investment Management Company, LLC28,459$1.44M0.02%
New Mexico Educational Retirement Board27,400$1.39M0.04%
Oregon Public Employees Retirement Fund26,100$1.32M0.02%
Empowered Funds, LLC25,830$1.31M0.01%
Yousif Capital Management, LLC25,084$1.27M0.01%
Ameritas Investment Partners, Inc.23,402$1.19M0.04%
Allstate Corp22,406$1.14M0.01%
Natixis Advisors, L.P.21,943$1.11M0.00%
Dynamic Technology Lab Private Ltd20,811$1.05M0.17%
Polymer Capital Management (US) LLC18,527$938.6K0.14%
Brevan Howard Capital Management LP16,540$837.9K0.01%
Pacer Advisors, Inc.14,757$748.0K0.00%
Brinker Capital Investments, LLC13,623$690.1K0.01%
Aigen Investment Management, LP13,407$679.2K0.17%
State of Alaska, Department of Revenue12,600$638.0K0.01%
Capstone Capital Management Ltd11,594$587.4K0.59%
Alps Advisors Inc10,470$530.4K0.00%
Integrated Wealth Concepts LLC9,479$480.2K0.00%
Securian Asset Management, Inc9,363$474.3K0.02%
Dynasty Wealth Management, LLC7,262$367.9K0.00%
D.B. Root & Company, LLC7,157$362.6K0.09%
DRW Securities, LLC7,092$359.3K0.02%
Evergreen Capital Management LLC6,546$331.6K0.01%
Beese Fulmer Investment Management, Inc.5,943$301.1K0.02%
DnB Asset Management AS5,780$292.8K0.00%
Centiva Capital, LP5,634$285.4K0.01%
FIDELIS iM, LLC5,368$271.9K0.10%
Skopos Labs, Inc.5,141$260.4K0.01%
Mount Yale Investment Advisors, LLC5,127$259.7K0.01%
Hexagon Capital Partners LLC5,110$258.9K0.04%
ProShare Advisors LLC5,096$258.2K0.00%
Mitchell McLeod Pugh & Williams Inc5,000$253.3K0.04%
Arkadios Wealth Advisors4,919$249.2K0.00%
Sig Brokerage, LP4,665$236.3K0.07%
EP Wealth Advisors, LLC4,484$227.2K0.00%
Machina Capital S.A.S.4,439$224.9K0.04%
Armistice Capital, LLC4,378$221.8K0.01%
Avondale Wealth Management4,250$215.3K0.11%
Vident Advisory, LLC4,216$213.6K0.00%
Jefferies Financial Group Inc.4,210$213.3K0.00%
Shelton Capital Management4,114$208.4K0.00%
Fifth Third Wealth Advisors LLC3,984$201.8K0.01%
Advisory Services Network, LLC2,930$148.4K0.00%
Opal Wealth Advisors, LLC1,060$53.7K0.01%
Nisa Investment Advisors, LLC953$48.3K0.00%
Migdal Insurance & Financial Holdings Ltd.615$31.2K0.00%
Innovative Asset Advisors Group, LLC449$22.7K0.01%
Aster Capital Management (DIFC) Ltd195$12.0K0.00%
Cassaday & Co Wealth Management LLC218$11.0K0.00%
Peterson Wealth Management200$10.1K0.01%
Coston, McIsaac & Partners174$8.00K0.00%
Eurizon Capital SGR S.p.A.158$7.62K0.00%
Prestige Wealth Management Group LLC107$5.42K0.00%
Golden State Equity Partners103$5.22K0.00%
Salem Investment Counselors Inc100$5.07K0.00%
Bangor Savings Bank100$5.07K0.00%
Millstone Evans Group, LLC100$5.07K0.00%
TD Waterhouse Canada Inc.90$4.53K0.00%
Farmers & Merchants Investments Inc85$4.31K0.00%
Strategic Wealth Advisors LLC93$4.00K0.00%
CVA Family Office, LLC56$2.84K0.00%
Mosley Wealth Management50$2.62K0.00%
Key Capital Management, INC44$2.23K0.00%
Mather Group, LLC.43$2.18K0.00%
UMA Financial Services, Inc.35$1.77K0.00%
Gill Capital Partners, LLC11$5570.00%
Sound Income Strategies, LLC9$4550.00%
Principia Wealth Advisory, LLC8$4050.00%
Twin Peaks Wealth Advisors, LLC6$3040.00%
Hughes Financial Services, LLC3$1520.00%
AdvisorNet Financial, Inc2$1010.00%
GFS Advisors, LLC1,200––

Sold out (87)

Institutions that held Dutch Bros Inc. at the end of Q4 2025 and filed for Q1 2026 without it.

Institutions that sold out of BROS in Q1 2026
InstitutionShares, Q4 2025Value, Q4 2025
Ninety One UK Ltd2,625,483$160.7M
Alyeska Investment Group, L.P.1,860,182$113.9M
Qube Research & Technologies Ltd829,354$50.8M
Driehaus Capital Management LLC790,451$48.4M
Teacher Retirement System of Texas476,859$29.2M
Aperture Investors, LLC434,462$26.6M
Assenagon Asset Management S.A.321,910$19.7M
Fenimore Asset Management Inc312,111$19.1M
Waratah Capital Advisors Ltd.262,741$16.1M
Lord, Abbett & Co. LLC247,203$15.1M
Synergy Financial Management, LLC223,067$13.7M
Loup Funds, LLC179,106$11.0M
Capital Fund Management S.A.167,743$10.3M
Dark Forest Capital Management LP162,584$9.95M
Jain Global LLC162,464$9.95M
LMR Partners LLP152,000$9.31M
FIL Ltd150,000$9.18M
Benchstone Capital Management LP134,584$8.24M
Worldquant Millennium Advisors LLC96,007$5.88M
Ninety One SA (PTY) Ltd87,790$5.37M
Thornburg Investment Management Inc85,792$5.25M
Jump Financial, LLC81,658$5.00M
Allianz Asset Management GmbH79,777$4.88M
Lisanti Capital Growth, LLC65,840$4.03M
Tudor Investment Corp Et Al62,687$3.84M
Watershed Asset Management, L.L.C.57,200$3.50M
Aquatic Capital Management LLC47,405$2.90M
Gotham Asset Management, LLC43,462$2.66M
Darwins River Capital, LP38,601$2.36M
Longaeva Partners L.P.36,884$2.26M
Ninety One North America, Inc.35,423$2.17M
Virtu Financial LLC24,519$1.50M
Calamos Advisors LLC23,598$1.44M
Two Sigma Investments, LP22,632$1.39M
Fox Run Management, L.L.C.21,754$1.33M
Shay Capital LLC18,450$1.13M
Legato Capital Management LLC18,080$1.11M
Voleon Capital Management LP17,809$1.09M
Pinpoint Asset Management (Singapore) Pte. Ltd.15,716$962.1K
Graham Capital Management, L.P.14,884$911.2K
Concentric Capital Strategies, LP14,531$889.6K
Quantbot Technologies LP13,770$843.0K
Cannon Global Investment Management, LLC12,200$746.9K
Dockside LLC11,690$715.7K
Insight Wealth Partners, LLC11,657$713.6K
Quantitative Investment Management, LLC10,774$659.0K
Brookwood Investment Group LLC9,355$572.7K
Simplex Trading, LLC8,660$530.2K
Counterpoint Mutual Funds LLC8,245$504.8K
Maverick Capital LtdSuperinvestorMaverick Capital8,123$497.3K
Colony Group, LLC6,990$428.0K
Forum Financial Management, LP6,202$379.7K
Equitable Holdings, Inc.6,074$371.9K
Twinbeech Capital LP5,680$347.7K
Kingsview Wealth Management, LLC5,398$330.5K
Lecap Asset Management Ltd5,318$325.6K
Bridges Investment Management Inc4,576$280.1K
Sequoia Financial Advisors, LLC4,126$252.6K
North Dakota State Investment Board4,115$251.9K
CIBC Asset Management Inc3,912$239.5K
Alpine Global Management, LLC3,593$220.0K
Vontobel Holding Ltd.3,531$216.2K
NorthRock Partners, LLC3,480$213.0K
Clear Creek Financial Management, LLC3,446$211.0K
CAPROCK Group, Inc.3,312$202.8K
Tempo Wealth, LLC3,312$202.8K
EntryPoint Capital, LLC3,271$200.3K
Quest Partners LLC2,444$149.6K
Alphadyne Asset Management LP1,693$103.6K
Quarry LP600$36.7K
Ankerstar Wealth, LLC500$30.6K
Osterweis Capital Management Inc396$24.2K
Meeder Asset Management Inc289$17.7K
Salomon & Ludwin, LLC223$13.4K
Chesapeake Asset Management LLC163$9.98K
SageView Advisory Group, LLC105$6.43K
Triumph Capital Management85$5.20K
Natixis75$4.59K
National Bank of Canada62$3.79K
Game Plan Financial Advisors, LLC47$2.88K
Cape Investment Advisory, Inc.36$2.20K
Marquette Asset Management, LLC9$551
Elyxium Wealth, LLC9$551
Optima Capital LLC6$367
United Financial Planning Group LLC6$367
Financial Consulate, Inc5$307
Cresta Advisors, Ltd.2$123

Not filed for Q1 2026 yet (10)

Institutions that held Dutch Bros Inc. at the end of Q4 2025 and haven't filed a 13F for Q1 2026. Not filing isn't selling, so they aren't counted as sold out.

Institutions holding BROS in Q4 2025 that haven't filed for Q1 2026
InstitutionShares, Q4 2025Value, Q4 2025
Vanguard Group Inc11,090,575$679.0M
Norges Bank1,583,649$97.0M
Comerica Bank28,463$1.74M
Hedges Asset Management LLC8,600$526.5K
Prosperity Wealth Management, Inc.8,350$511.2K
Janney Capital Management LLC6,083$372.0K
Keystone Investors Pte Ltd3,580$219.2K
CIBC Private Wealth Group, LLC3,400$208.1K
Global Retirement Partners, LLC1,610$98.6K
GPS Wealth Strategies Group, LLC1,191$72.9K