Dutch Bros Inc. Class ABROS

13F holders, Q4 2025 (December 31)
512holders +62
100new positions
61sold out
9famous investors
$61.24avg. 13F price*

At the end of Q4 2025, 512 institutions reported holding Dutch Bros Inc. Class A (BROS) in their 13F filings, up 62 from Q3 2025. 100 opened new positions and 61 sold out. The largest holders were Vanguard Group Inc. ($679.0M), BlackRock, Inc. ($447.6M) and FMR LLC ($441.5M). 9 famous investors held it, including Israel Englander (0.1% of Millennium Management's portfolio), Steve Cohen (0.1% of Point72 Asset 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

0200400600 Q1 2024: 269Q1 2024Q2 2024: 336Q2 2024Q3 2024: 347Q3 2024Q4 2024: 400Q4 2024Q1 2025: 466Q1 2025Q2 2025: 492Q2 2025Q3 2025: 450Q3 2025Q4 2025: 512Q4 2025Q1 2026: 510Q1 2026Q2 2026: 559Q2 2026

Total Exit/New Position Q3 2025 → Q4 2025

InstitutionsTotal Value
New Positions100$513.7M
Exits61$164.8M

All 13F filers, Q3 2025 → Q4 2025: 19,518,292 shares bought and 18,073,498 shares sold, net +1,444,794 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.

Ownership 512 holders

Vanguard Group Inc. 0.01% Reduce -1.3% 11,090,575 $679.0M
BlackRock, Inc. 0.01% Add +4.5% 7,310,797 $447.6M
FMR LLC 0.02% Reduce -1.0% 7,212,382 $441.5M
Baillie Gifford & Co. 0.16% Reduce -7.6% 3,230,676 $197.8M
Marshall Wace, LLP 0.18% Add +15.2% 3,098,288 $189.7M
UBS Group AG 0.04% Add +33.3% 2,995,317 $183.4M
Squarepoint Ops LLC 0.35% Add +73.6% 2,863,197 $175.3M
T. Rowe Price Associates Inc. 0.02% Reduce -18.1% 2,824,546 $172.9M
Millennium Management 0.13% Add +39.5% 2,823,384 $172.8M
Ninety One UK Ltd 0.34% Add +1.5% 2,625,483 $160.7M
Balyasny Asset Management L.P. 0.30% Add +36.5% 2,481,132 $151.9M
TSG Consumer Partners LP 100.00% No change 2,279,846 $139.6M
Geode Capital Management, LLC 0.01% Add +1.8% 2,265,083 $138.7M
State Street Corp. 0.00% Add +1.8% 2,020,112 $123.7M
T. Rowe Price Investment Management, Inc. 0.07% Reduce -9.8% 1,899,457 $116.3M
Alyeska Investment Group, L.P. 0.32% New 1,860,182 $113.9M
Westfield Capital Management Co. LP 0.45% New 1,779,616 $108.9M
1832 Asset Management L.P. 0.14% Reduce -38.9% 1,736,900 $106.3M
Morgan Stanley 0.01% Add +9.0% 1,709,256 $104.6M
Norges Bank 0.01% — 1,583,649 $97.0M
Joho Capital LLC 18.53% No change 1,418,394 $86.8M
Alliancebernstein L.P. 0.03% Add +22.8% 1,404,738 $86.0M
Raymond James Financial Inc. 0.03% Reduce -5.1% 1,387,234 $85.9M
D. E. Shaw & Co. 0.07% Reduce -18.7% 1,382,693 $84.6M
Bank of America Corp. 0.01% Reduce -27.1% 1,360,779 $83.3M
Invesco Ltd. 0.01% Reduce -44.5% 1,345,470 $82.4M
Wellington Management Group LLP 0.01% Add +22.8% 1,324,107 $81.1M
Goldman Sachs Group Inc. 0.01% Add +57.6% 1,294,102 $79.2M
Ameriprise Financial Inc. 0.02% Add +38.5% 1,199,735 $73.4M
Charles Schwab Investment Management Inc. 0.01% Reduce -0.3% 1,172,131 $71.8M
Point72 Asset Management 0.12% New 1,171,770 $71.7M
Dimensional Fund Advisors LP 0.01% Add +6.2% 1,166,643 $71.4M
Fuller & Thaler Asset Management, Inc. 0.23% Add +7.5% 1,117,797 $68.4M
BNP Paribas Financial Markets 0.04% Reduce -28.7% 1,001,790 $61.3M
Nomura Asset Management International Inc. 0.09% — 982,259 $60.1M
Mane Global Capital Management LP 3.26% Add +11.3% 971,370 $59.5M
American Century Companies Inc. 0.03% Add +19.2% 945,933 $57.9M
Interval Partners, LP 1.34% New 935,574 $57.3M
Clearbridge Investments, LLC 0.04% Reduce -0.2% 853,005 $52.2M
Allspring Global Investments Holdings, LLC 0.08% Add +3.3% 832,406 $51.7M
Qube Research & Technologies Ltd 0.07% Reduce -57.3% 829,354 $50.8M
Wasatch Advisors LP 0.30% Add +53.3% 824,914 $50.5M
Driehaus Capital Management LLC 0.33% Add +6.3% 790,451 $48.4M
Voya Investment Management LLC 0.05% Add +2342.3% 751,403 $46.0M
Freestone Grove Partners LP 0.30% Add +15.4% 681,803 $41.7M
Bank of New York Mellon Corp 0.01% Add +103.9% 660,534 $40.4M
Citadel Advisors 0.03% Reduce -72.7% 623,458 $38.2M
Holocene Advisors, LP 0.08% Add +3096.5% 605,092 $37.0M
Northern Trust Corp. 0.00% Reduce -4.2% 602,113 $36.9M
LPL Financial LLC 0.01% Add +3.5% 563,210 $34.5M
JPMorgan Chase & Co. 0.00% Add +167.7% 548,040 $33.6M
Baird Financial Group, Inc. 0.05% Reduce -30.3% 535,401 $32.8M
Bank of Nova Scotia 0.05% Reduce -3.1% 525,086 $32.1M
Federated Hermes, Inc. 0.05% Reduce -0.1% 521,200 $31.9M
Engineers Gate Manager LP 0.37% Add +59.6% 513,525 $31.4M
ING Groep NV 0.18% Add +14.8% 494,000 $30.2M
Woodline Partners LP 0.12% Reduce -8.9% 492,308 $30.1M
Teacher Retirement System of Texas 0.10% Reduce -2.7% 476,859 $29.2M
Nuveen, LLC 0.01% Add +11.4% 467,799 $28.6M
Aperture Investors, LLC 3.71% Reduce -2.5% 434,462 $26.6M
Oberweis Asset Management Inc./ 0.91% No change 404,500 $24.8M
Jennison Associates LLC 0.01% Add +3274.8% 382,067 $23.4M
Sei Investments Co. 0.02% Add +5.3% 369,117 $22.6M
Shellback Capital, LP 2.10% New 359,000 $22.0M
Royal Bank of Canada 0.00% Reduce -60.4% 351,542 $21.5M
Schonfeld Strategic Advisors LLC 0.11% Add +728.4% 343,819 $21.0M
Susquehanna International Group, LLP 0.03% Reduce -46.5% 323,375 $19.8M
Assenagon Asset Management S.A. 0.03% Reduce -28.9% 321,910 $19.7M
Fenimore Asset Management Inc 0.40% Reduce -10.7% 312,111 $19.1M
Next Century Growth Investors LLC 1.31% Add +24.7% 308,910 $18.9M
Riverbridge Partners LLC 0.35% Reduce -20.3% 305,106 $18.7M
Stephens Investment Management Group LLC 0.24% Add +38.5% 304,281 $18.6M
Canada Pension Plan Investment Board 0.01% Add +63.2% 296,278 $18.1M
Crestwood Capital Management, L.P. 11.06% Reduce -8.1% 285,379 $17.5M
Waratah Capital Advisors Ltd. 1.22% New 262,741 $16.1M
Wells Fargo & Company 0.00% Add +83.0% 261,377 $16.0M
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC 0.00% Add +2.8% 251,353 $15.4M
Swiss National Bank 0.01% Add +7.1% 250,400 $15.3M
Lord, Abbett & Co. LLC 0.05% Reduce -54.6% 247,203 $15.1M
Mitsubishi UFJ Trust & Banking Corp 0.03% Reduce -15.5% 225,153 $13.8M
Synergy Asset Management, LLC 1.42% New 223,067 $13.7M
Trexquant Investment LP 0.11% Reduce -43.5% 209,200 $12.8M
Whittier Trust Co. 0.14% Add +64.2% 202,383 $12.8M
Congress Asset Management Co. 0.09% Reduce -3.2% 206,220 $12.6M
Ossiam 0.24% No change 193,367 $11.8M
Hudson Bay Capital Management LP 0.07% Add +149.1% 185,067 $11.3M
Deepwater Asset Management, LLC 3.19% Reduce -23.4% 179,106 $11.0M
Deutsche Bank AG 0.00% Reduce -23.7% 178,049 $10.9M
Concurrent Investment Advisors, LLC 0.12% Add +1.2% 173,491 $10.6M
Verition Fund Management LLC 0.06% Reduce -1.8% 172,847 $10.6M
Stifel Financial Corp. 0.01% Reduce -13.3% 171,709 $10.5M
Blair William & Co. 0.03% Reduce -12.8% 169,772 $10.4M
Capital Fund Management S.A. 0.10% Reduce -0.5% 167,743 $10.3M
Brown Brothers Harriman & Co. 0.06% Reduce -4.0% 165,307 $10.1M
State of Wisconsin Investment Board 0.02% Reduce -5.0% 164,883 $10.1M
Dark Forest Capital Management LP 0.45% Add +85.3% 162,584 $10.0M
Jain Global LLC 0.10% Add +1350.3% 162,464 $9.9M
California Public Employees Retirement System 0.01% Reduce -20.8% 156,565 $9.6M
Ashford Capital Management Inc. 1.07% Reduce -3.2% 156,280 $9.6M
Algert Global LLC 0.15% Reduce -21.0% 154,146 $9.4M

"% 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.

Show all 512 holders