Dutch Bros Inc. Class ABROS
13F holders, Q3 2025 (September 30)At the end of Q3 2025, 450 institutions reported holding Dutch Bros Inc. Class A (BROS) in their 13F filings, down 42 from Q2 2025. 62 opened new positions and 93 sold out. The largest holders were Vanguard Group Inc. ($588.4M), FMR LLC ($381.5M) and BlackRock, Inc. ($366.2M). 6 famous investors held it, including Ken Griffin (0.1% of Citadel Advisors's portfolio), Israel Englander (0.1% of Millennium Management's portfolio) and David E. Shaw (0.1% of D. E. Shaw & Co.'s portfolio).
- Company
- Dutch Bros Inc. Class A
- CUSIP
- 26701L100
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q2 2025 → Q3 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 62 | $276.7M |
| Exits | 93 | $152.8M |
All 13F filers, Q2 2025 → Q3 2025: 22,302,241 shares bought and 12,233,675 shares sold, net +10,068,566 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 450 holders
| Vanguard Group Inc. | 0.01% | Reduce -0.8% | 11,241,352 | $588.4M |
| FMR LLC | 0.02% | Add +0.6% | 7,287,938 | $381.5M |
| BlackRock, Inc. | 0.01% | Add +7.2% | 6,996,034 | $366.2M |
| Baillie Gifford & Co. | 0.14% | Reduce -3.4% | 3,497,067 | $183.0M |
| T. Rowe Price Associates Inc. | 0.02% | Add +1200.7% | 3,450,437 | $180.6M |
| 1832 Asset Management L.P. | 0.25% | Reduce -8.5% | 2,842,200 | $148.8M |
| Marshall Wace, LLP | 0.16% | Add +7.2% | 2,690,760 | $140.8M |
| Ninety One UK Ltd | 0.29% | New | 2,585,702 | $135.3M |
| Invesco Ltd. | 0.02% | Add +4.0% | 2,426,657 | $127.0M |
| Citadel Advisors | 0.10% | Add +618.5% | 2,285,303 | $119.6M |
| TSG Consumer Partners LP | 100.00% | Reduce -2.9% | 2,279,846 | $119.3M |
| UBS Group AG | 0.02% | Add +34.2% | 2,247,691 | $117.6M |
| Geode Capital Management, LLC | 0.01% | Add +2.4% | 2,225,734 | $116.5M |
| T. Rowe Price Investment Management, Inc. | 0.07% | Reduce -7.6% | 2,106,248 | $110.2M |
| Millennium Management | 0.09% | Add +53.8% | 2,024,096 | $105.9M |
| State Street Corp. | 0.00% | Add +0.3% | 1,984,258 | $103.9M |
| Qube Research & Technologies Ltd | 0.14% | Add +11.2% | 1,943,641 | $101.7M |
| Bank of America Corp. | 0.01% | Add +18.1% | 1,867,532 | $97.7M |
| Balyasny Asset Management L.P. | 0.20% | Add +196.0% | 1,817,201 | $95.1M |
| D. E. Shaw & Co. | 0.08% | Reduce -59.8% | 1,700,262 | $89.0M |
| Squarepoint Ops LLC | 0.18% | Add +9.7% | 1,649,106 | $86.3M |
| Morgan Stanley | 0.01% | Reduce -20.5% | 1,567,723 | $82.1M |
| Raymond James Financial Inc. | 0.02% | Reduce -8.0% | 1,462,025 | $76.5M |
| Joho Capital LLC | 13.19% | Reduce -19.2% | 1,418,394 | $74.2M |
| BNP Paribas Financial Markets | 0.06% | Add +69.2% | 1,405,007 | $73.5M |
| Amundi | 0.02% | Add +90.4% | 1,390,216 | $68.2M |
| Charles Schwab Investment Management Inc. | 0.01% | Add +53.9% | 1,175,895 | $61.5M |
| Alliancebernstein L.P. | 0.02% | Reduce -1.1% | 1,144,123 | $59.9M |
| Dimensional Fund Advisors LP | 0.01% | Add +30.9% | 1,098,325 | $57.5M |
| Wellington Management Group LLP | 0.01% | Add +1.5% | 1,077,897 | $56.4M |
| Fuller & Thaler Asset Management, Inc. | 0.18% | Reduce -19.1% | 1,040,128 | $54.4M |
| Macquarie Group Ltd. | 0.06% | Add +7.5% | 1,034,472 | $54.1M |
| Royal Bank of Canada | 0.01% | Add +76.7% | 888,303 | $46.5M |
| FIL Ltd | 0.04% | Reduce -27.6% | 882,305 | $46.2M |
| Mane Global Capital Management LP | 2.14% | Add +66.1% | 873,135 | $45.7M |
| Ameriprise Financial Inc. | 0.01% | Reduce -5.0% | 865,941 | $45.3M |
| Clearbridge Investments, LLC | 0.03% | Reduce -1.4% | 854,685 | $44.7M |
| Goldman Sachs Group Inc. | 0.01% | Add +63.8% | 821,124 | $43.0M |
| Allspring Global Investments Holdings, LLC | 0.07% | Add +11.6% | 806,160 | $41.5M |
| American Century Companies Inc. | 0.02% | Reduce -2.5% | 793,447 | $41.5M |
| Baird Financial Group, Inc. | 0.06% | Add +6.2% | 767,575 | $40.2M |
| Driehaus Capital Management LLC | 0.28% | Reduce -49.0% | 743,789 | $38.9M |
| Northern Trust Corp. | 0.00% | Add +2.8% | 628,315 | $32.9M |
| Susquehanna International Group, LLP | 0.05% | Add +208.2% | 605,015 | $31.7M |
| Freestone Grove Partners LP | 0.23% | New | 590,769 | $30.9M |
| Lord, Abbett & Co. LLC | 0.09% | Reduce -38.4% | 544,552 | $28.5M |
| LPL Financial LLC | 0.01% | Add +11.2% | 544,222 | $28.5M |
| Bank of Nova Scotia | 0.05% | Add +28.0% | 542,155 | $28.4M |
| Woodline Partners LP | 0.13% | Add +142.3% | 540,595 | $28.3M |
| Wasatch Advisors LP | 0.15% | Add +20.1% | 538,003 | $28.2M |
| Federated Hermes, Inc. | 0.05% | Reduce -29.3% | 521,940 | $27.3M |
| Two Sigma Investments, LP | 0.04% | Add +13.7% | 511,163 | $26.8M |
| Renaissance Technologies | 0.04% | Reduce -51.2% | 506,100 | $26.5M |
| Teacher Retirement System of Texas | 0.10% | Add +1611.2% | 490,228 | $25.7M |
| Jump Financial, LLC | 0.32% | Add +141.2% | 454,111 | $23.8M |
| Assenagon Asset Management S.A. | 0.04% | Reduce -30.2% | 452,812 | $23.7M |
| Aperture Investors, LLC | 3.24% | Add +66.8% | 445,714 | $23.3M |
| ING Groep NV | 0.12% | Add +2.9% | 430,400 | $22.5M |
| Nuveen, LLC | 0.01% | Reduce -11.3% | 419,796 | $22.0M |
| Oberweis Asset Management Inc./ | 0.81% | Add +70.0% | 404,500 | $21.2M |
| Riverbridge Partners LLC | 0.34% | New | 382,857 | $20.0M |
| Trexquant Investment LP | 0.20% | New | 370,357 | $19.4M |
| Sei Investments Co. | 0.02% | Add +55.3% | 350,429 | $18.3M |
| Fenimore Asset Management Inc | 0.37% | Reduce -13.4% | 349,395 | $18.3M |
| Man Group plc | 0.03% | Add +56.7% | 333,843 | $17.5M |
| Bank of New York Mellon Corp | 0.00% | Reduce -58.9% | 323,916 | $17.0M |
| Engineers Gate Manager LP | 0.19% | Reduce -2.5% | 321,791 | $16.8M |
| Crestwood Capital Management, L.P. | 11.31% | Add +14.8% | 310,379 | $16.2M |
| Mitsubishi UFJ Trust & Banking Corp | 0.03% | Reduce -14.4% | 266,487 | $13.9M |
| Natixis | 0.07% | Add +623.3% | 249,943 | $13.1M |
| Next Century Growth Investors LLC | 0.95% | Add +4.0% | 247,771 | $13.0M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.00% | Reduce -49.1% | 244,609 | $12.8M |
| Deepwater Asset Management, LLC | 4.87% | New | 233,841 | $12.2M |
| Swiss National Bank | 0.01% | Add +2.9% | 233,800 | $12.2M |
| Deutsche Bank AG | 0.00% | Reduce -43.0% | 233,297 | $12.2M |
| Stephens Investment Management Group LLC | 0.15% | Add +106.4% | 219,696 | $11.5M |
| SG Americas Securities, LLC | 0.04% | Reduce -31.1% | 213,924 | $11.2M |
| Congress Asset Management Co. | 0.07% | New | 213,014 | $11.1M |
| Barclays PLC | 0.00% | Add +52.0% | 212,590 | $11.1M |
| JPMorgan Chase & Co. | 0.00% | Add +31.6% | 204,705 | $10.7M |
| Stifel Financial Corp. | 0.01% | Add +11.8% | 198,053 | $10.4M |
| California Public Employees Retirement System | 0.01% | Reduce -0.6% | 197,690 | $10.3M |
| Algert Global LLC | 0.17% | Add +65.0% | 195,063 | $10.2M |
| Blair William & Co. | 0.03% | Reduce -14.8% | 194,760 | $10.2M |
| Ossiam | 0.13% | Add +8.5% | 193,367 | $10.1M |
| Neuberger Berman Group LLC | 0.01% | Reduce -10.9% | 185,241 | $9.7M |
| First Trust Advisors LP | 0.01% | Reduce -23.3% | 182,882 | $9.6M |
| Canada Pension Plan Investment Board | 0.01% | Add +41.2% | 181,578 | $9.5M |
| State of Michigan Retirement System | 0.05% | No change | 180,000 | $9.4M |
| Verition Fund Management LLC | 0.06% | Reduce -46.1% | 175,959 | $9.2M |
| State of Wisconsin Investment Board | 0.02% | Add +7.5% | 173,477 | $9.1M |
| Brown Brothers Harriman & Co. | 0.05% | No change | 172,187 | $9.0M |
| Concurrent Investment Advisors, LLC | 0.15% | Add +0.3% | 171,369 | $9.0M |
| Capital Fund Management S.A. | 0.09% | Add +298.6% | 168,630 | $8.8M |
| Ashford Capital Management Inc. | 0.94% | New | 161,390 | $8.4M |
| Aquatic Capital Management LLC | 0.15% | Add +0.9% | 154,889 | $8.1M |
| Russell Investments Group, Ltd. | 0.01% | Reduce -25.8% | 153,504 | $8.0M |
| Twin Tree Management, LP | 0.36% | Add +872.2% | 149,283 | $7.8M |
| IMC-Chicago, LLC | 0.13% | Add +150.3% | 145,065 | $7.6M |
| Wells Fargo & Company | 0.00% | Reduce -38.9% | 142,836 | $7.5M |
"% 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.