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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, Q1 2026

Institutional positions in Dutch Bros Inc. as of Mar 31, 2026. 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
510
+8 vs. Q4 2025
Shares held
131.9M
+26.0M (+24.5%) vs. Q4 2025
Total value
$6.68B
+$193.4M (+3.0%) vs. Q4 2025
New holders
95
205 more added
Sold out
87
121 more reduced

10 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q4 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 holdersQ1 2026: 510 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 heldQ1 2026: $6.68B
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, Q1 2026

Shares, value and share of portfolio for each institution holding Dutch Bros Inc.; share changes are against Q4 2025.

Institutions holding BROS in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Twin Capital Management Inc18,506$937.5K0.12%+676+3.8%Added
Polymer Capital Management (US) LLC18,527$938.6K0.14%+18,527New
Bridgefront Capital, LLC18,836$954.2K0.24%+9,574+103.4%Added
Cherry Creek Investment Advisors, Inc.19,105$967.9K0.42%−1,100−5.4%Reduced
1492 Capital Management LLC19,456$985.6K0.38%−20−0.1%Reduced
Investors Towarzystwo Funduszy Inwestycyjnych Spolka Akcyjna19,630$994.5K0.41%−1,692−7.9%Reduced
Pictet Asset Management Holding SA19,758$1.00M0.00%+1,549+8.5%Added
Blueshift Asset Management, LLC20,440$1.04M0.31%+3,251+18.9%Added
Quantinno Capital Management LP20,704$1.05M0.00%−459−2.2%Reduced
Dynamic Technology Lab Private Ltd20,811$1.05M0.17%+20,811New
Carlson Financial, Inc.20,854$1.06M0.62%+118+0.6%Added
Private Advisor Group, LLC21,232$1.08M0.01%−3,443−14.0%Reduced
Inspire Advisors, LLC21,722$1.10M0.09%+2,153+11.0%Added
Bank of Montreal21,815$1.11M0.00%+10,377+90.7%Added
Natixis Advisors, L.P.21,943$1.11M0.00%+21,943New
Allstate Corp22,406$1.14M0.01%+22,406New
The PNC Financial Services Group, Inc.23,121$1.17M0.00%+7,755+50.5%Added
Oppenheimer & Co Inc23,167$1.17M0.01%−958−4.0%Reduced
Ameritas Investment Partners, Inc.23,402$1.19M0.04%+23,402New
Intercapital, LLC23,945$1.21M0.67%00.0%Unchanged
Steward Partners Investment Advisory, LLC23,975$1.21M0.01%+1,715+7.7%Added
Independent Financial Group, LLC24,962$1.26M0.03%+945+3.9%Added
Yousif Capital Management, LLC25,084$1.27M0.01%+25,084New
Rubicon Advisors, GP25,452$1.29M1.12%+2,388+10.4%Added
Empowered Funds, LLC25,830$1.31M0.01%+25,830New
Johnson Investment Counsel Inc26,009$1.32M0.01%−2,295−8.1%Reduced
Oregon Public Employees Retirement Fund26,100$1.32M0.02%+26,100New
Xponance, Inc.27,059$1.37M0.01%+9,262+52.0%Added
New Mexico Educational Retirement Board27,400$1.39M0.04%+27,400New
KLP Kapitalforvaltning AS28,400$1.44M0.01%+1,300+4.8%Added
Northwestern Mutual Investment Management Company, LLC28,459$1.44M0.02%+28,459New
Thrivent Financial for Lutherans28,621$1.45M0.00%+28,621New
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.28,660$1.45M0.00%00.0%Unchanged
Oppenheimer Asset Management Inc.29,386$1.49M0.02%+73+0.2%Added
US Bancorp29,500$1.49M0.00%+3,759+14.6%Added
State of Michigan Retirement System30,600$1.55M0.01%+30,600New
Polar Asset Management Partners Inc.30,829$1.56M0.04%−6,571−17.6%Reduced
Kestra Private Wealth Services, LLC31,389$1.59M0.02%+869+2.8%Added
Harbor Capital Advisors, Inc.31,486$1.59M0.13%+18,345+139.6%Added
Vanguard Investments Australia, Ltd.31,544$1.60M0.00%+31,544New
Commonwealth of Pennsylvania Public School Empls Retrmt Sys31,828$1.61M0.01%+31,828New
Zurcher Kantonalbank (Zurich Cantonalbank)31,915$1.62M0.00%+6,152+23.9%Added
Handelsbanken Fonder AB32,300$1.64M0.01%00.0%Unchanged
Lighthouse Investment Partners, LLC32,475$1.65M0.06%−52,874−62.0%Reduced
Arizona State Retirement System34,886$1.77M0.01%−160.0%Reduced
Diametric Capital, LP35,076$1.78M0.47%−18,091−34.0%Reduced
Creative Planning36,441$1.85M0.00%+9,335+34.4%Added
Louisiana State Employees Retirement System36,800$1.86M0.03%+36,800New
Cambridge Investment Research Advisors, Inc.37,356$1.89M0.00%+6,135+19.7%Added
Winton Group Ltd37,944$1.92M0.07%+26,324+226.5%Added
Universal- Beteiligungs- und Servicegesellschaft mbH38,127$1.93M0.00%−48,045−55.8%Reduced
Teachers Retirement System of the State of Kentucky39,000$1.98M0.02%+39,000New
Night Squared LP39,467$2.00M0.29%+39,467New
New York State Teachers Retirement System41,326$2.09M0.00%+41,326New
Entropy Technologies, LP41,686$2.11M0.10%+41,686New
XTX Topco Ltd41,778$2.12M0.04%+22,932+121.7%Added
Paloma Partners Management Co42,000$2.13M1.20%+27,000+180.0%Added
Camelot Technology Advisors, Inc.42,031$2.13M1.56%00.0%Unchanged
RPG Investment Advisory, LLC43,110$2.18M0.26%+14,340+49.8%Added
State of New Jersey Common Pension Fund D45,223$2.29M0.01%+973+2.2%Added
Taylor Frigon Capital Management LLC46,242$2.34M1.33%−284−0.6%Reduced
Cinctive Capital Management LP47,450$2.40M0.16%+23,561+98.6%Added
Timelo Investment Management Inc.48,000$2.43M3.33%+3,000+6.7%Added
State of Tennessee, Treasury Department48,000$2.43M0.01%+48,000New
Janney Montgomery Scott LLC48,538$2.46M0.01%+11,502+31.1%Added
Mutual of America Capital Management LLC48,681$2.47M0.03%+48,681New
Commonwealth Equity Services, LLC49,534$2.51M0.00%+4,090+9.0%Added
Capstone Investment Advisors, LLC51,208$2.59M0.02%−11,617−18.5%Reduced
Fifth Third Bancorp51,645$2.62M0.00%+46,079+827.9%Added
Vanguard Global Advisers, LLC51,688$2.62M0.00%+51,688New
Platinum Investment Management Ltd52,500$2.66M0.67%+15,000+40.0%Added
Police & Firemen's Retirement System of New Jersey52,787$2.67M0.02%+2,246+4.4%Added
Moran Wealth Management, LLC52,859$2.68M0.08%−1,570−2.9%Reduced
Treasurer of the State of North Carolina53,131$2.69M0.01%+3,996+8.1%Added
Pembroke Management, LTD53,977$2.73M0.40%−42,560−44.1%Reduced
Anderson Hoagland & Co55,065$2.79M0.24%00.0%Unchanged
D.A. Davidson & Co.57,042$2.89M0.02%+212+0.4%Added
PensionDanmark Pensionsforsikringsaktieselskab57,563$2.92M0.03%00.0%Unchanged
Janus Henderson Group PLC58,916$2.99M0.00%+4,638+8.5%Added
TRUE Private Wealth Advisors60,189$3.05M0.29%+35+0.1%Added
Amalgamated Bank60,728$3.08M0.02%+50,098+471.3%Added
EFG International AG60,885$3.09M0.07%−15,580−20.4%Reduced
Hudson Bay Capital Management LP61,628$3.12M0.02%−123,439−66.7%Reduced
Kennedy Capital Management, Inc.62,284$3.16M0.07%−769−1.2%Reduced
Kornitzer Capital Management Inc62,407$3.16M0.07%+2,817+4.7%Added
Nomura Holdings Inc64,025$3.24M0.03%+64,025New
MetLife Investment Management68,042$3.45M0.02%+60,468+798.4%Added
National Asset Management, Inc.73,491$3.53M0.23%−70.0%Reduced
Rockefeller Capital Management L.P.75,197$3.81M0.01%−4,480−5.6%Reduced
Wiley Bros.-Aintree Capital, LLC75,860$3.84M0.02%−453−0.6%Reduced
Taproot Management LP75,828$3.84M0.73%+69,404+1,080.4%Added
Panagora Asset Management Inc76,223$3.86M0.01%00.0%Unchanged
Public Employees Retirement System of Ohio77,271$3.91M0.01%+3,532+4.8%Added
Amundi81,470$4.13M0.00%−66,843−45.1%Reduced
Bailard, Inc.82,068$4.16M0.10%+30,548+59.3%Added
Citizens Business Bank86,345$4.37M0.72%+130.0%Added
Jones Financial Companies LLLP97,497$4.55M0.00%+21,288+27.9%Added
SG Americas Securities, LLC91,750$4.65M0.01%+88,465+2,693.0%Added
Manufacturers Life Insurance Company, The91,944$4.66M0.00%+60,599+193.3%Added
State Board of Administration of Florida Retirement System96,500$4.89M0.01%00.0%Unchanged