Shellback Capital’s Dutch Bros BROS Stock Holding History

Shellback Capital’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 Q1	$17.6M	Sell	347,000 -12,000	-3%	-$656K	2.5%	11
2025 Q4	$22M	Buy	+359,000	New	+$20.4M	2.1%	15
2024 Q3	–	Sell	-608,339	Closed	-$25.2M	–	109
2024 Q2	$25.2M	Buy	608,339 +527,161	+649%	+$18.1M	1.85%	14
2024 Q1	$2.68M	Buy	+81,178	New	+$2.4M	0.18%	108
2021 Q4	–	Sell	-35,000	Closed	-$1.52M	–	105
2021 Q3	$1.52M	Buy	+35,000	New	+$1.66M	0.09%	101

Other funds holding BROS

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

VCM

Vanguard Capital Management Malvern, Pennsylvania $4.04T AUM

VPM

Vanguard Portfolio Management Malvern, Pennsylvania $1.91T AUM

T. Rowe Price Investment Management Baltimore, Maryland $145B AUM 22.78% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Millennium Management New York $240B AUM 35.51% 1-Year Est. Return

Baillie Gifford & Co Edinburgh, United Kingdom $97.9B AUM 20.73% 1-Year Est. Return

Shellback Capital's BROS Position: Q1 2026 in Review

Shellback Capital reduced its Dutch Bros (BROS) stake by 3.3% in Q1 2026, selling an estimated $656K and leaving 347,000 shares worth $17.6M. The position accounts for 2.5% of the portfolio, ranked #11.

Shellback Capital first reported a position in BROS in Q3 2021 and has held it in 5 quarters since. The position peaked at $25.2M in Q2 2024. 506 funds tracked by Wall St. Rank hold BROS as of Q1 2026.

Shellback Capital held 347,000 shares of Dutch Bros worth $17.6M as of Q1 2026.
Shellback Capital sold 12,000 Dutch Bros shares in Q1 2026, an estimated $656K.
Dutch Bros made up 2.5% of Shellback Capital's portfolio in Q1 2026, its #11 holding.
Shellback Capital first reported a position in Dutch Bros in Q3 2021 and has held it in 5 quarters since.
Shellback Capital's Dutch Bros position peaked at $25.2M in Q2 2024.
506 funds tracked by Wall St. Rank held Dutch Bros as of Q1 2026.

Based on Shellback Capital's 13F filing for Q1 2026, filed 15 May 2026.