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Dutch Bros

487 hedge funds and large institutions have $7.23B invested in Dutch Bros in 2025 Q2 according to their latest regulatory filings, with 90 funds opening new positions, 188 increasing their positions, 142 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

more first-time investments, than exits

New positions opened: | Existing positions closed:

more repeat investments, than reductions

Existing positions increased: | Existing positions reduced:

more capital invested

Capital invested by funds: $ → $

more funds holding

Funds holding:

2.88% less ownership

Funds ownership: 86.31%83.43% (-2.9%)

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
487
Holders Change
Holders Change %
% of All Funds
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
Increased
Reduced
Closed
Calls
$177M
Puts
$209M
Net Calls
Net Calls Change

Top Buyers

1 +$99.8M
2 +$98.1M
3 +$96.6M
4
Fidelity Investments
Fidelity Investments
Massachusetts
+$72M
5
Invesco
Invesco
Georgia
+$66.2M
Name Holding Trade Value Shares
Change
Change in
Stake
VRS
301
Virginia Retirement Systems
Virginia
$403K
P
302
&Partners
Tennessee
$388K
PCM
303
Penserra Capital Management
California
$386K
AI
304
Atom Investors
Texas
$384K
CIBC Private Wealth Group
305
CIBC Private Wealth Group
Georgia
$384K
FFM
306
Forum Financial Management
Illinois
$374K
JCM
307
Janney Capital Management
Pennsylvania
$370K
BWFA
308
Baltimore-Washington Financial Advisors
Maryland
$369K
IWC
309
Integrated Wealth Concepts
Massachusetts
$366K
WPC
310
Wedmont Private Capital
Pennsylvania
$363K
A
311
AlphaQuest
New York
$359K
MSRPS
312
Maryland State Retirement & Pension System
Maryland
$358K
TFA
313
Toth Financial Advisory
Virginia
$356K
CAPTRUST Financial Advisors
314
CAPTRUST Financial Advisors
North Carolina
$355K
MLL
315
Moody Lynn & Lieberson
Massachusetts
$354K
SC
316
Shay Capital
New York
$354K
Fifth Third Bancorp
317
Fifth Third Bancorp
Ohio
$351K
Cerity Partners
318
Cerity Partners
New York
$349K
Focus Partners Wealth
319
Focus Partners Wealth
Massachusetts
$329K
NFSG
320
Newbridge Financial Services Group
Florida
$321K
MLA
321
My Legacy Advisors
Oregon
$321K
VFA
322
Valeo Financial Advisors
Indiana
$318K
GWSG
323
GPS Wealth Strategies Group
Colorado
$314K
VCA
324
Verdence Capital Advisors
Maryland
$309K
WGC
325
Watts Gwilliam & Co
Arizona
$307K