We are live on ! Find out more
BROS icon

Dutch Bros

506 hedge funds and large institutions have $6.68B invested in Dutch Bros in 2026 Q1 according to their latest regulatory filings, with 93 funds opening new positions, 204 increasing their positions, 120 reducing their positions, and 87 closing their positions.

New
Increased
Maintained
Reduced
Closed

70% more repeat investments, than reductions

Existing positions increased: 204 | Existing positions reduced: 120

27% more call options, than puts

Call options by funds: $193M | Put options by funds: $152M

10.4% more ownership

Funds ownership: 93.43%103.83% (+10%)

7% more first-time investments, than exits

New positions opened: 93 | Existing positions closed: 87

1% less funds holding

Funds holding: 511506 (-5)

8% less capital invested

Capital invested by funds: $7.27B → $6.68B (-$586M)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

Holders
506
Holders Change
-5
Holders Change %
-0.98%
% of All Funds
6.23%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.05%
New
93
Increased
204
Reduced
120
Closed
87
Calls
$193M
Puts
$152M
Net Calls
+$41M
Net Calls Change
-$72.2M
Name Holding Trade Value Shares
Change
Change in
Stake
BlackRock
1
BlackRock
New York
$703M +$359M +6,567,330 +90%
Fidelity Investments
2
Fidelity Investments
Massachusetts
$485M +$129M +2,354,015 +33%
T. Rowe Price Associates
3
T. Rowe Price Associates
Maryland
$387M +$263M +4,807,904 +170%
VCM
4
Vanguard Capital Management
Pennsylvania
$288M +$311M +5,690,101 New
VPM
5
Vanguard Portfolio Management
Pennsylvania
$277M +$299M +5,472,473 New
T. Rowe Price Investment Management
6
T. Rowe Price Investment Management
Maryland
$235M +$149M +2,730,609 +144%
UBS Group
7
UBS Group
Switzerland
$204M +$56.3M +1,030,311 +34%
State Street
8
State Street
Massachusetts
$191M +$96.2M +1,759,395 +87%
Millennium Management
9
Millennium Management
New York
$164M +$22.4M +410,445 +15%
Baillie Gifford & Co
10
Baillie Gifford & Co
United Kingdom
$152M -$12.9M -236,465 -7%
Point72 Asset Management
11
Point72 Asset Management
Connecticut
$141M +$87.8M +1,605,471 +137%
Marshall Wace
12
Marshall Wace
United Kingdom
$131M -$27.6M -504,431 -16%
Geode Capital Management
13
Geode Capital Management
Massachusetts
$128M +$14.5M +265,046 +12%
Morgan Stanley
14
Morgan Stanley
New York
$125M +$41.3M +754,344 +44%
Westfield Capital Management
15
Westfield Capital Management
Massachusetts
$117M +$29.2M +533,741 +30%
TCP
16
TSG Consumer Partners
California
$115M
Wellington Management Group
17
Wellington Management Group
Massachusetts
$113M +$50.1M +915,700 +69%
Citadel Advisors
18
Citadel Advisors
Florida
$102M +$75.7M +1,383,495 +222%
Bank of America
19
Bank of America
North Carolina
$91.9M +$24.8M +454,036 +33%
Invesco
20
Invesco
Georgia
$86.5M +$19.8M +361,266 +27%
Goldman Sachs
21
Goldman Sachs
New York
$85.7M +$21.7M +397,060 +31%
FGP
22
Freestone Grove Partners
California
$76.2M +$45M +822,589 +121%
Balyasny Asset Management
23
Balyasny Asset Management
Illinois
$73.6M -$56.3M -1,028,618 -41%
JC
24
Joho Capital
New York
$71.9M
Ameriprise
25
Ameriprise
Minnesota
$68.9M +$8.81M +161,111 +13%

BROS Hedge Fund Activity: Q1 2026 in Review

506 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q1 2026, worth a combined $6.68B — down 8.1% from $7.27B a quarter earlier.

Buyers outnumbered sellers: 93 funds opened new BROS positions and 87 closed out — a net gain of 6 holders — while 204 added to existing stakes and 120 trimmed.

The largest buyer was BlackRock, adding an estimated $359M. The largest seller was Ninety One (UK), exiting entirely with an estimated $161M sold.

  • 506 institutional investors held Dutch Bros (BROS) as of Q1 2026, down from 511 in Q4 2025.
  • Funds reported $6.68B of Dutch Bros stock for Q1 2026, down 8.1% quarter-over-quarter.
  • 93 funds opened new Dutch Bros positions in Q1 2026 and 87 closed out, a net change of +6 holders.
  • The largest Dutch Bros buyer in Q1 2026 was BlackRock, an estimated $359M added.
  • The largest Dutch Bros seller in Q1 2026 was Ninety One (UK), an estimated $161M sold.

Based on aggregated 13F filings for Q1 2026.