Dutch Bros Inc. Class ABROS
13F holders, Q2 2025 (June 30)At the end of Q2 2025, 492 institutions reported holding Dutch Bros Inc. Class A (BROS) in their 13F filings, up 26 from Q1 2025. 85 opened new positions and 64 sold out. The largest holders were Vanguard Group Inc. ($775.0M), FMR LLC ($495.6M) and BlackRock, Inc. ($446.1M). 9 famous investors held it, including David E. Shaw (0.3% of D. E. Shaw & Co.'s portfolio), Paul Tudor Jones (0.3% of Tudor Investment Corporation's portfolio) and Jim Simons / Peter Brown (0.1% of Renaissance Technologies's portfolio).
- Company
- Dutch Bros Inc. Class A
- CUSIP
- 26701L100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q1 2025 → Q2 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 85 | $189.6M |
| Exits | 64 | $133.1M |
All 13F filers, Q1 2025 → Q2 2025: 17,295,704 shares bought and 13,275,290 shares sold, net +4,020,414 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 492 holders
| Vanguard Group Inc. | 0.01% | Add +14.2% | 11,335,489 | $775.0M |
| FMR LLC | 0.03% | Add +17.0% | 7,248,302 | $495.6M |
| BlackRock, Inc. | 0.01% | Add +28.2% | 6,524,778 | $446.1M |
| D. E. Shaw & Co. | 0.31% | Reduce -20.2% | 4,228,571 | $289.1M |
| Baillie Gifford & Co. | 0.18% | Reduce -4.7% | 3,621,656 | $247.6M |
| 1832 Asset Management L.P. | 0.37% | Reduce -9.2% | 3,107,300 | $212.4M |
| Marshall Wace, LLP | 0.21% | Add +139.2% | 2,509,767 | $171.6M |
| TSG Consumer Partners LP | 100.00% | No change | 2,347,346 | $160.5M |
| Invesco Ltd. | 0.03% | Add +70.9% | 2,333,142 | $159.5M |
| T. Rowe Price Investment Management, Inc. | 0.10% | Add +4.8% | 2,280,538 | $155.9M |
| Geode Capital Management, LLC | 0.01% | Add +14.0% | 2,173,710 | $148.6M |
| State Street Corp. | 0.01% | Add +6.5% | 1,978,441 | $135.3M |
| Morgan Stanley | 0.01% | Add +28.3% | 1,971,206 | $134.8M |
| Joho Capital LLC | 16.90% | Reduce -8.6% | 1,754,789 | $120.0M |
| Qube Research & Technologies Ltd | 0.17% | Reduce -2.1% | 1,747,325 | $119.5M |
| UBS Group AG | 0.02% | Add +45.4% | 1,675,354 | $114.5M |
| Raymond James Financial Inc. | 0.04% | Add +25.7% | 1,588,866 | $108.6M |
| Bank of America Corp. | 0.01% | Add +11.6% | 1,581,587 | $108.1M |
| Squarepoint Ops LLC | 0.23% | Add +138.6% | 1,503,378 | $102.8M |
| Driehaus Capital Management LLC | 0.80% | Add +10.5% | 1,459,802 | $99.8M |
| Norges Bank | 0.01% | Reduce -6.3% | 1,367,927 | $93.5M |
| Millennium Management | 0.08% | Reduce -37.9% | 1,315,844 | $90.0M |
| Fuller & Thaler Asset Management, Inc. | 0.32% | Reduce -3.0% | 1,285,423 | $87.9M |
| FIL Ltd | 0.07% | Reduce -24.3% | 1,218,862 | $83.3M |
| Alliancebernstein L.P. | 0.03% | Add +12.2% | 1,156,775 | $79.1M |
| Wellington Management Group LLP | 0.01% | Add +18.8% | 1,062,322 | $72.6M |
| Renaissance Technologies | 0.09% | Reduce -20.4% | 1,037,100 | $70.9M |
| Macquarie Group Ltd. | 0.08% | Add +809.9% | 962,496 | $65.8M |
| Ameriprise Financial Inc. | 0.02% | Add +5.2% | 911,746 | $62.3M |
| Lord, Abbett & Co. LLC | 0.20% | Reduce -18.3% | 884,187 | $60.5M |
| Clearbridge Investments, LLC | 0.05% | Reduce -0.2% | 866,937 | $59.3M |
| Dimensional Fund Advisors LP | 0.01% | Reduce -11.1% | 839,284 | $57.4M |
| BNP Paribas Financial Markets | 0.04% | Reduce -27.5% | 830,189 | $56.8M |
| American Century Companies Inc. | 0.03% | Add +52.2% | 813,557 | $55.6M |
| Bank of New York Mellon Corp | 0.01% | Add +22.7% | 787,437 | $53.8M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +11.1% | 764,108 | $52.2M |
| Federated Hermes, Inc. | 0.10% | Add +33.0% | 738,374 | $50.5M |
| Baird Financial Group, Inc. | 0.09% | Reduce -3.3% | 723,100 | $49.4M |
| Allspring Global Investments Holdings, LLC | 0.08% | Reduce -10.5% | 722,361 | $48.5M |
| Amundi | 0.02% | Add +62.6% | 730,180 | $48.2M |
| Assenagon Asset Management S.A. | 0.07% | New | 649,120 | $44.4M |
| Balyasny Asset Management L.P. | 0.10% | Reduce -71.5% | 613,863 | $42.0M |
| Northern Trust Corp. | 0.01% | Reduce -4.1% | 610,949 | $41.8M |
| Mane Global Capital Management LP | 1.64% | New | 525,616 | $35.9M |
| Royal Bank of Canada | 0.01% | Add +146.5% | 502,842 | $34.4M |
| Goldman Sachs Group Inc. | 0.01% | Add +19.3% | 501,441 | $34.3M |
| LPL Financial LLC | 0.01% | Add +40.7% | 489,541 | $33.5M |
| Tudor Investment Corporation | 0.25% | Add +24.3% | 485,261 | $33.2M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.01% | Add +57.3% | 480,734 | $32.9M |
| Nuveen, LLC | 0.01% | Add +43.9% | 473,022 | $32.3M |
| Two Sigma Investments, LP | 0.06% | Reduce -16.0% | 449,782 | $30.8M |
| Wasatch Advisors LP | 0.16% | Reduce -0.9% | 447,885 | $30.6M |
| Bank of Nova Scotia | 0.06% | Reduce -32.3% | 423,484 | $29.0M |
| ING Groep NV | 0.17% | Add +48.0% | 418,400 | $28.6M |
| Deutsche Bank AG | 0.01% | Reduce -33.3% | 409,068 | $28.0M |
| Fenimore Asset Management Inc | 0.55% | Reduce -0.4% | 403,490 | $27.6M |
| Cubist Systematic Strategies, LLC | 0.27% | Reduce -19.2% | 364,575 | $24.9M |
| AQR Capital Management | 0.02% | Reduce -55.9% | 357,125 | $24.4M |
| Jennison Associates LLC | 0.01% | New | 338,877 | $23.2M |
| Engineers Gate Manager LP | 0.28% | Add +22.1% | 329,995 | $22.6M |
| Verition Fund Management LLC | 0.13% | Reduce -3.1% | 326,786 | $22.3M |
| Citadel Advisors | 0.02% | Reduce -82.6% | 318,067 | $21.7M |
| Mitsubishi UFJ Trust & Banking Corp | 0.05% | Reduce -17.8% | 311,476 | $21.3M |
| SG Americas Securities, LLC | 0.09% | Add +123.0% | 310,720 | $21.2M |
| Holocene Advisors, LP | 0.05% | Reduce -0.8% | 308,657 | $21.1M |
| Crestwood Capital Management, L.P. | 12.59% | No change | 270,379 | $18.5M |
| Aperture Investors, LLC | 2.45% | Reduce -8.5% | 267,156 | $18.3M |
| T. Rowe Price Associates Inc. | 0.00% | Add +43.3% | 265,281 | $18.1M |
| First Trust Advisors LP | 0.01% | Reduce -38.6% | 238,396 | $16.3M |
| Next Century Growth Investors LLC | 1.26% | Add +28.4% | 238,202 | $16.3M |
| Oberweis Asset Management Inc./ | 0.71% | Add +8.7% | 238,000 | $16.3M |
| Wells Fargo & Company | 0.00% | Reduce -4.9% | 233,813 | $16.0M |
| Blair William & Co. | 0.04% | Add +27.6% | 228,604 | $15.6M |
| Swiss National Bank | 0.01% | Add +3.0% | 227,200 | $15.5M |
| Sei Investments Co. | 0.02% | Add +27.8% | 225,711 | $15.4M |
| Woodline Partners LP | 0.08% | Add +6.7% | 223,114 | $15.3M |
| Man Group plc | 0.03% | Reduce -65.3% | 213,094 | $14.6M |
| Neuberger Berman Group LLC | 0.01% | Add +107.3% | 207,923 | $14.2M |
| Russell Investments Group, Ltd. | 0.02% | Add +25.4% | 206,999 | $14.2M |
| California Public Employees Retirement System | 0.01% | Add +24.2% | 198,895 | $13.6M |
| Susquehanna International Group, LLP | 0.02% | Reduce -50.7% | 196,339 | $13.4M |
| Jump Financial, LLC | 0.16% | Reduce -15.9% | 188,281 | $12.9M |
| State of Michigan Retirement System | 0.06% | No change | 180,000 | $12.3M |
| Ossiam | 0.14% | New | 178,218 | $12.2M |
| Stifel Financial Corp. | 0.01% | Add +17.7% | 177,085 | $12.1M |
| Brown Brothers Harriman & Co. | 0.08% | Add +91978.6% | 172,187 | $11.8M |
| Concurrent Investment Advisors, LLC | 0.23% | Reduce -0.3% | 170,901 | $11.7M |
| State of Wisconsin Investment Board | 0.03% | Add +57.1% | 161,454 | $11.0M |
| JPMorgan Chase & Co. | 0.00% | Add +48.1% | 155,511 | $10.6M |
| Aquatic Capital Management LLC | 0.21% | Reduce -13.1% | 153,552 | $10.5M |
| Commonwealth Equity Services, LLC | 0.01% | Reduce -1.7% | 146,525 | $10.0M |
| Barclays PLC | 0.00% | Add +134.8% | 139,859 | $9.6M |
| Legal & General Group Plc | 0.00% | Add +8.1% | 134,395 | $9.2M |
| Victory Capital Management Inc. | 0.01% | Add +24.4% | 131,085 | $9.0M |
| Rhumbline Advisers | 0.01% | Add +18.5% | 129,629 | $8.9M |
| Canada Pension Plan Investment Board | 0.01% | Add +235.8% | 128,600 | $8.8M |
| Two Sigma Advisers, LP | 0.02% | Reduce -12.6% | 128,000 | $8.8M |
| Silvercrest Asset Management Group LLC | 0.06% | Reduce -29.1% | 124,169 | $8.5M |
| Whittier Trust Co. | 0.10% | Add +2.3% | 120,654 | $8.2M |
| Universal- Beteiligungs- und Servicegesellschaft mbH | 0.01% | Add +3.0% | 120,039 | $8.2M |
"% of holder's portfolio" is BROS's weight in each manager's 13F, not the share of Dutch Bros Inc. Class A the manager owns.