Dutch Bros
BROS
346 hedge funds and large institutions have $3.33B invested in Dutch Bros in 2024 Q3 according to their latest regulatory filings, with 74 funds opening new positions, 141 increasing their positions, 86 reducing their positions, and 62 closing their positions.
64% more repeat investments, than reductions
Existing positions increased: 141 | Existing positions reduced: 86
35.18% more ownership
Funds ownership: 55.38% → 90.56% (+35%)
19% more first-time investments, than exits
New positions opened: 74 | Existing positions closed: 62
3% more funds holding
Funds holding: 336 → 346 (+10)
6% less call options, than puts
Call options by funds: $68.9M | Put options by funds: $73M
18% less capital invested
Capital invested by funds: $4.06B → $3.33B (-$731M)
57% less funds holding in top 10
Funds holding in top 10: 7 → 3 (-4)
Top Buyers
| 1 |
Baillie Gifford & Co
Edinburgh,
United Kingdom
|
+$247M |
| 2 |
WA
Wasatch Advisors
Salt Lake City,
Utah
|
+$102M |
| 3 |
D.E. Shaw & Co
New York
|
+$74.3M |
| 4 |
Vanguard Group
Malvern,
Pennsylvania
|
+$56.1M |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
+$40.3M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFP
401
Briaud Financial Planning
College Station,
Texas
| – | -$4K | -100 | Closed |
|
|
CJ
402
Caitlin John
Brighton,
Michigan
| – | -$4.14K | -100 | Closed |
|
403
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$1.24K | -30 | Closed |
|
|
MG
404
Mather Group
Chicago,
Illinois
| – | -$660 | -20 | Closed |
|
|
CMBA
405
C.M. Bidwell & Associates
Honolulu,
Hawaii
| – | -$621 | -15 | Closed |
|
|
ATPW
406
Ashton Thomas Private Wealth
Scottsdale,
Arizona
| – | -$290 | -7 | Closed |
|
|
WOC
407
West Oak Capital
Westlake Village,
California
| – | +$35 | +1 | New |
|
|
HWM
408
Hemington Wealth Management
Falls Church,
Virginia
| – | +$176 | +5 | New |
|
BROS Hedge Fund Activity: Q3 2024 in Review
346 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Dutch Bros (BROS) for Q3 2024, worth a combined $3.33B — down 18% from $4.06B a quarter earlier.
Buyers outnumbered sellers: 74 funds opened new BROS positions and 62 closed out — a net gain of 12 holders — while 141 added to existing stakes and 86 trimmed.
The largest buyer was Baillie Gifford & Co, opening a new position worth an estimated $247M. The largest seller was Mane Global Capital Management, exiting entirely with an estimated $66.4M sold.
- 346 institutional investors held Dutch Bros (BROS) as of Q3 2024, up from 336 in Q2 2024.
- Funds reported $3.33B of Dutch Bros stock for Q3 2024, down 18% quarter-over-quarter.
- 74 funds opened new Dutch Bros positions in Q3 2024 and 62 closed out, a net change of +12 holders.
- The largest Dutch Bros buyer in Q3 2024 was Baillie Gifford & Co, an estimated $247M added.
- The largest Dutch Bros seller in Q3 2024 was Mane Global Capital Management, an estimated $66.4M sold.
Based on aggregated 13F filings for Q3 2024.