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Dutch Bros

492 hedge funds and large institutions have $7.23B invested in Dutch Bros in 2025 Q2 according to their latest regulatory filings, with 92 funds opening new positions, 188 increasing their positions, 145 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more first-time investments, than exits

New positions opened: 92 | Existing positions closed: 64

30% more repeat investments, than reductions

Existing positions increased: 188 | Existing positions reduced: 145

15% more capital invested

Capital invested by funds: $6.28B → $7.23B (+$951M)

6% more funds holding

Funds holding: 466492 (+26)

4.19% less ownership

Funds ownership: 87.57%83.38% (-4.2%)

15% less call options, than puts

Call options by funds: $177M | Put options by funds: $209M

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

Holders
492
Holders Change
+26
Holders Change %
+5.58%
% of All Funds
6.48%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.04%
New
92
Increased
188
Reduced
145
Closed
64
Calls
$177M
Puts
$209M
Net Calls
-$32.3M
Net Calls Change
-$116M
Name Holding Trade Value Shares
Change
Change in
Stake
JF
251
Joule Financial
Kentucky
$724K +$691K +10,586 New
YMRC
252
Yorktown Management & Research Company
Virginia
$704K
JSSH
253
J. Safra Sarasin Holding
$683K
KMWM
254
Keudell/Morrison Wealth Management
Oregon
$671K -$17K -260 -3%
LCM
255
Legato Capital Management
California
$655K +$625K +9,580 New
Wealth Enhancement Advisory Services
256
Wealth Enhancement Advisory Services
Minnesota
$641K -$929K -14,243 -60%
SWP
257
Stratos Wealth Partners
Ohio
$613K +$66.3K +1,017 +13%
AWA
258
Arete Wealth Advisors
Illinois
$608K +$580K +8,886 New
TI
259
Tidal Investments
Wisconsin
$598K -$1.32M -20,200 -70%
JIP
260
Jaffetilchin Investment Partners
Florida
$588K +$137K +2,104 +32%
AB
261
Amalgamated Bank
New York
$583K +$140K +2,143 +34%
EFS
262
Econ Financial Services
Pennsylvania
$577K +$551K +8,442 New
GRP
263
Global Retirement Partners
California
$570K +$544K +8,334 New
GCM
264
Graham Capital Management
Connecticut
$569K -$3.43M -52,643 -86%
QCM
265
Quantinno Capital Management
New York
$559K +$224K +3,429 +72%
PCM
266
Prelude Capital Management
New York
$558K -$83.4K -1,278 -14%
MAG
267
MRA Advisory Group
New Jersey
$548K +$522K +8,009 New
BAM
268
Bullseye Asset Management
Colorado
$547K
LFAS
269
Level Four Advisory Services
Texas
$546K +$33K +506 +7%
SXL
270
Summit X LLC
Missouri
$538K -$32.4K -496 -6%
CFM
271
Catalyst Funds Management
Australia
$531K +$168K +2,570 +49%
FFA
272
Farther Finance Advisors
California
$515K +$43.7K +670 +10%
FWCM
273
Ferguson Wellman Capital Management
Oregon
$503K
SOW
274
State of Wyoming
Wyoming
$498K +$158K +2,415 +50%
AC
275
AlphaCore Capital
California
$496K +$62.6K +960 +15%

BROS Hedge Fund Activity: Q2 2025 in Review

492 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q2 2025, worth a combined $7.23B — up 15% from $6.28B a quarter earlier.

Buyers outnumbered sellers: 92 funds opened new BROS positions and 64 closed out — a net gain of 28 holders — while 188 added to existing stakes and 145 trimmed.

The largest buyer was Marshall Wace, adding an estimated $95.3M. The largest seller was Balyasny Asset Management, cutting an estimated $100M.

  • 492 institutional investors held Dutch Bros (BROS) as of Q2 2025, up from 466 in Q1 2025.
  • Funds reported $7.23B of Dutch Bros stock for Q2 2025, up 15% quarter-over-quarter.
  • 92 funds opened new Dutch Bros positions in Q2 2025 and 64 closed out, a net change of +28 holders.
  • The largest Dutch Bros buyer in Q2 2025 was Marshall Wace, an estimated $95.3M added.
  • The largest Dutch Bros seller in Q2 2025 was Balyasny Asset Management, an estimated $100M sold.

Based on aggregated 13F filings for Q2 2025.