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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
SS
401
SBI Securities
Japan
$47.1K -$26.7K -410 -37%
BL
402
BFSG LLC
California
$46.9K
WWM
403
Wolff Wiese Magana
California
$46.2K
GI
404
GAMMA Investing
California
$44.5K -$11.1K -170 -21%
PS
405
Principal Securities
Iowa
$44.2K +$23.9K +367 +131%
SWP
406
Strategic Wealth Partners
Ohio
$43.3K +$41.4K +634 New
VCM
407
Versant Capital Management
Arizona
$42.3K +$40.1K +614 +12,280%
KWM
408
Kiker Wealth Management
Georgia
$40.2K +$37.5K +575 +4,423%
DekaBank Deutsche Girozentrale
409
DekaBank Deutsche Girozentrale
Germany
$38K
Kayne Anderson Rudnick Investment Management
410
Kayne Anderson Rudnick Investment Management
California
$35.9K +$1.63K +25 +5%
CFB
411
Cullen/Frost Bankers
Texas
$34.2K
CA
412
Clearstead Advisors
Ohio
$32.1K -$22K -338 -42%
RS
413
Rakuten Securities
Japan
$30.6K +$24.7K +379 +557%
EWA
414
EverSource Wealth Advisors
Alabama
$29.8K +$7.37K +113 +35%
OCM
415
Osterweis Capital Management
California
$27.1K +$25.8K +396 New
GKIM
416
GW&K Investment Management
Massachusetts
$25K +$24.2K +371 New
MCM
417
MAI Capital Management
Ohio
$23.9K
BF
418
BOK Financial
Oklahoma
$22.6K +$21.5K +330 New
VNA
419
Valley National Advisers
Pennsylvania
$22K -$2.41K -37 -10%
CI Investments Inc
420
CI Investments Inc
Ontario, Canada
$22K -$1.57K -24 -7%
WOSD
421
WFA of San Diego
California
$20.5K +$19.6K +300 New
SAM
422
Smartleaf Asset Management
Massachusetts
$18.5K +$2.74K +42 +19%
Mitsubishi UFJ Asset Management
423
Mitsubishi UFJ Asset Management
Japan
$17.8K
ICM
424
Islay Capital Management
Texas
$17.1K
MTC
425
Matrix Trust Company
Colorado
$16K -$522 -8 -3%

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.