Millennium Management
BROS icon

Millennium Management’s Dutch Bros BROS Stock Holding History

Millennium Management’s Portfolio BROS Stock Details BROS Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2026
Q2 		$5.56M Sell
77,451
-3,156,378
-98% -$181M ﹤0.01% 2892
2026
Q1 		$164M Buy
3,233,829
+410,445
+15% +$22.4M 0.07% 265
2025
Q4 		$173M Buy
2,823,384
+799,288
+39% +$45.4M 0.07% 236
2025
Q3 		$106M Buy
2,024,096
+708,252
+54% +$44.8M 0.05% 415
2025
Q2 		$90M Sell
1,315,844
-801,694
-38% -$52.3M 0.04% 449
2025
Q1 		$131M Buy
2,117,538
+821,993
+63% +$54.1M 0.07% 264
2024
Q4 		$67.9M Buy
1,295,545
+90,166
+7% +$3.98M 0.03% 602
2024
Q3 		$38.6M Buy
1,205,379
+670,781
+125% +$23.6M 0.02% 1003
2024
Q2 		$22.1M Sell
534,598
-896,893
-63% -$30.8M 0.01% 1404
2024
Q1 		$47.2M Buy
1,431,491
+1,096,433
+327% +$32.4M 0.02% 858
2023
Q4 		$10.6M Buy
+335,058
New +$9.13M ﹤0.01% 2121
2023
Q3 		– Sell
-20,200
Closed -$575K – 6141
2023
Q2 		$575K Sell
20,200
-152,606
-88% -$4.53M ﹤0.01% 4437
2023
Q1 		$5.47M Sell
172,806
-305,596
-64% -$10.3M ﹤0.01% 2524
2022
Q4 		$13.5M Sell
478,402
-65,577
-12% -$2.17M 0.01% 1825
2022
Q3 		$16.9M Buy
+543,979
New +$20.5M 0.01% 1509
2022
Q2 		– Sell
-100,871
Closed -$5.58M – 6995
2022
Q1 		$5.58M Sell
100,871
-147,146
-59% -$7.51M ﹤0.01% 2819
2021
Q4 		$12.6M Sell
248,017
-106,098
-30% -$5.89M 0.01% 1890
2021
Q3 		$15.3M Buy
+354,115
New +$16.8M 0.01% 1574

Other funds holding BROS

Fidelity Investments
Fidelity Investments Boston, Massachusetts $2.3T AUM 54.33% 1-Year Est. Return
BlackRock
BlackRock New York $6.73T AUM 46.02% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return
Vanguard Capital Management
Vanguard Capital Management Malvern, Pennsylvania $4.68T AUM
Vanguard Portfolio Management
Vanguard Portfolio Management Malvern, Pennsylvania $2.22T AUM
T. Rowe Price Investment Management
T. Rowe Price Investment Management Baltimore, Maryland $153B AUM 38.14% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $3.37T AUM 44.26% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $580B AUM 38.23% 1-Year Est. Return
Baillie Gifford & Co
Baillie Gifford & Co Edinburgh, United Kingdom $110B AUM 4.8% 1-Year Est. Return
Geode Capital Management
Geode Capital Management Boston, Massachusetts $1.88T AUM 44.46% 1-Year Est. Return

Millennium Management's BROS Position: Q2 2026 in Review

Millennium Management reduced its Dutch Bros (BROS) stake by 98% in Q2 2026, selling an estimated $181M and leaving 77,451 shares worth $5.56M. The position accounts for ﹤0.01% of the portfolio, ranked #2892.

Millennium Management first reported a position in BROS in Q3 2021 and has held it in 18 quarters since. The position peaked at $173M in Q4 2025. 557 funds tracked by Wall St. Rank hold BROS as of Q2 2026.

  • Millennium Management held 77,451 shares of Dutch Bros worth $5.56M as of Q2 2026.
  • Millennium Management sold 3,156,378 Dutch Bros shares in Q2 2026, an estimated $181M.
  • Dutch Bros made up ﹤0.01% of Millennium Management's portfolio in Q2 2026, its #2892 holding.
  • Millennium Management first reported a position in Dutch Bros in Q3 2021 and has held it in 18 quarters since.
  • Millennium Management's Dutch Bros position peaked at $173M in Q4 2025.
  • 557 funds tracked by Wall St. Rank held Dutch Bros as of Q2 2026.

Based on Millennium Management's 13F filing for Q2 2026, filed 14 Aug 2026.